Specialty Pulp & Paper Chemicals Market – Increasing Popularity Of Coating As A Protective Material
Specialty Pulp & Paper Chemicals Industry Overview
The global specialty pulp & paper chemicals market size was valued at USD 21.43 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 3.1% from 2022 to 2030.
The growing demand for bleaching and functional chemicals used in the production of specialty paper for applications such as packaging, printing, and labeling is expected to drive the market. COVID-19 had a huge impact on the global industrial supply chains. Several imposed restrictions on people and goods movements had an adverse impact on industrial production. The printing paper and copier paper demand suffered due to the closure of offices, schools, & universities. On the other hand, demand for personal hygiene paper products incased, during the pandemic.
Gather more insights about the market drivers, restrains and growth of the Global Specialty Pulp & Paper Chemicals Market
Specialty pulp & paper chemicals are downstream derivatives of a wide range of commodity chemicals including acids, amines, alcohols, fatty alcohols, solvents, surfactants, and betaines; wherein these commodity raw materials are bulk chemicals and can be supplied directly without preprocessing treatment. Mineral acids and bases are generally used as basic chemicals in the manufacturing of specialty pulp and papers.
Various raw materials used in the manufacturing of these products include chelating agents, caustic soda, and biocide. Chelating agents provide the desired level of brightness to the paper when applied with hydrosulfite and hydrogen peroxide bleaches, thereby playing a vital role in the specialty pulp and paper industry. Biocides, however, are used to control and prevent microbial growth and to maintain efficiency in specialty pulp and paper manufacturing machines.
Over the past years, demand for specialty pulp & paper chemicals has been declining or is relatively stagnant due to the digital revolution, which has also led to consolidation in the industry. However, growing demand for packaging, household, and sanitary applications has helped bring stabilization in the market. The increasing popularity of coating as a protective material to induce smoothness and reduce ink absorbency in specialty paper will increase the usage of functional chemicals during the next few years.
Browse through Grand View Research's Organic Chemicals Industry Research Reports.
Amines Market - The global amines market size was estimated at USD 14.4 billion in 2016. The increasing use of the product and its derivatives for the manufacture of numerous personal care products is expected to have a significant impact on market growth over the forecast period. The rapid growth of the personal care industry, on account of increasing consumer expenditure on luxury and lifestyle goods at a global level, is expected to act as the key market driver over the forecast years.
Fatty Alcohol Market - The global fatty alcohol market demand was 2,345.8 kilotons in 2014. It is projected to expand at a CAGR of 4.3% from 2015 to 2022. Growing demand for biodegradable and sustainable products on account of reducing petrochemical dependence is expected to remain a key driving factor for global fatty alcohol industry. Volatile price of petrochemical derived products on account of supply-demand imbalances raise concerns for global chemical industry which has prompted this shift towards bio-based chemicals industries.
Specialty Pulp & Paper Chemicals Market Segmentation
Grand View Research has segmented the global specialty pulp and paper chemicals market on the basis of product, application, and region:
Specialty Pulp & Paper Chemicals Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)
Basic Chemicals
Functional Chemicals
Process Chemicals
Bleaching Chemicals
Specialty Pulp & Paper Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)
Printing
Packaging
Labeling
Others
Specialty Pulp & Paper Chemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)
North America
Europe
Asia Pacific
Central and South America
Middle East & Africa (MEA)
Key Companies profiled:
Some of the prominent players in the global specialty pulp & paper chemicals market include:
Ashland
BASF SE
Buck man
Dow Chemical Company
Ecolab
SNF Group
Evonik Industries AG
Nouryon
So lenis
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