22 Oct 2018 - Specialty pulp and paper chemicals are utilized as raw materials for processing fine quality basket weave, perforated, carbonless, translucent, and no tear polyester paper types. These products consume less water & energy, reduce the product weight and keep the optical and functional properties of the finished product intact. Furthermore, specialty products are incorporated during wastepaper processing thus maintaining the environmental sustainability.
The global market is categorized into four different product segments that include basic, bleaching, process, and functional chemicals. Owing to key attributes such as, flexibility, optimum raw material utilization and better performance under varying operating conditions, these products are used in numerous application industries. Labeling, graphic arts, food, and filtration are the key application sectors that incorporate the use of treated pulp and specialty paper.
Specialty chemicals are specifically utilized in processing of premium quality customized papers and not the normal quality ones that are used in publishing shops and common printing areas. Filtration media and high value product packaging are the major customized end-uses of the product.
Asia Pacific is considered to drive the market demand, owing to the rising consumption of specialty paper in various parts of the region. Additionally, the increasing usage of biodegradable products coupled with sustainable practices implemented by manufacturers is expected to spur the industry growth during the forecast period.
However, presence of stringent environmental and health regulations in developed countries are likely to hamper the consumption of these specialty chemicals.
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Moreover, high raw material cost is considered as another growth dampening factor of the industry, over the forecast period.
Specialty chemicals for the paper & pulp processing industry, are likely to witness enormous growth in the future, due to technological advancement, especially in developed regions including North America and Europe.
Product Insights
The global market is categorized into four different product segments, which include basic, bleaching, process, and functional chemicals. Functional chemicals were the largely consumed products of the total industry in 2014. This category improves the mechanical strength of the pulp or paper, thus enhancing the surface printability. Furthermore, the consumption of functional specialty products is expected to increase during the forecast period, as a consequence of significant end-user requirements of dyed, pigmented & coated paper.
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Rise in the literacy rate in countries such as China, India and Indonesia, is projected to boost the utilization of printed books. This in turn is considered to amplify the printing and paper processing activities and ultimately consume significant amounts of specialty and chemicals. Bleaching chemicals was the second-largest segment of the global industry. These products are characterized by various attributes, which include increasing brightness, color lightening of the pulp, ability of reducing pitch content and improving clarity of the pulp. Process chemicals category is estimated assumed to witness fastest growth during the forecast period.
Regional Insights
In terms of volume, Europe and North America were the largest consumers of the industry, owing to significant product utilization in the regional packaging & labelling markets. In terms of revenue, these regions are estimated to witness expansion at a CAGR of more than 4% in the next couple of years. Furthermore, presence of major wood pulp manufacturing plants in countries including Canada and US is expected to augment the product demand. A noteworthy market growth is likely to be witnessed in the Asia Pacific region, owing to rapid industrialization and escalating retail market. This scenario is anticipated to reflect in countries including Indonesia, Japan, China and India by the end of the forecast period.
Competitive Insights
Shell Chemicals, AkzoNobel, Clariant, Kemira Oyj, Buckman Laboratories International, Ashland Inc., Bayer AG, BASF SE, SNF Floerger, Evonik Industries, ExxonMobil Chemicals, Nalco and The Dow Chemical Company are the prominent manufacturers operating in the industry.
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Specialty chemicals are specifically utilized in processing of premium quality customized papers and not the normal quality ones that are used in publishing shops and common printing areas. Filtration media and high value product packaging are the major customized end-uses of the product.
Asia Pacific is considered to drive the market demand, owing to the rising consumption of specialty paper in various parts of the region. Additionally, the increasing usage of biodegradable products coupled with sustainable practices implemented by manufacturers is expected to spur the industry growth during the forecast period.
However, presence of stringent environmental and health regulations in developed countries are likely to hamper the consumption of these specialty chemicals.
Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/specialty-pulp-paper-chemicals-market/request-sample
Moreover, high raw material cost is considered as another growth dampening factor of the industry, over the forecast period.
Specialty chemicals for the paper & pulp processing industry, are likely to witness enormous growth in the future, due to technological advancement, especially in developed regions including North America and Europe.
Product Insights
The global market is categorized into four different product segments, which include basic, bleaching, process, and functional chemicals. Functional chemicals were the largely consumed products of the total industry in 2014. This category improves the mechanical strength of the pulp or paper, thus enhancing the surface printability. Furthermore, the consumption of functional specialty products is expected to increase during the forecast period, as a consequence of significant end-user requirements of dyed, pigmented & coated paper.
Browse Full Research Report @ https://www.millioninsights.com/industry-reports/specialty-pulp-paper-chemicals-market
Rise in the literacy rate in countries such as China, India and Indonesia, is projected to boost the utilization of printed books. This in turn is considered to amplify the printing and paper processing activities and ultimately consume significant amounts of specialty and chemicals. Bleaching chemicals was the second-largest segment of the global industry. These products are characterized by various attributes, which include increasing brightness, color lightening of the pulp, ability of reducing pitch content and improving clarity of the pulp. Process chemicals category is estimated assumed to witness fastest growth during the forecast period.
Regional Insights
In terms of volume, Europe and North America were the largest consumers of the industry, owing to significant product utilization in the regional packaging & labelling markets. In terms of revenue, these regions are estimated to witness expansion at a CAGR of more than 4% in the next couple of years. Furthermore, presence of major wood pulp manufacturing plants in countries including Canada and US is expected to augment the product demand. A noteworthy market growth is likely to be witnessed in the Asia Pacific region, owing to rapid industrialization and escalating retail market. This scenario is anticipated to reflect in countries including Indonesia, Japan, China and India by the end of the forecast period.
Competitive Insights
Shell Chemicals, AkzoNobel, Clariant, Kemira Oyj, Buckman Laboratories International, Ashland Inc., Bayer AG, BASF SE, SNF Floerger, Evonik Industries, ExxonMobil Chemicals, Nalco and The Dow Chemical Company are the prominent manufacturers operating in the industry.
See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/chemicals-and-materials
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