Market Segmentation
The global pulp & paper chemicals market has been segmented by type, application, and region. On the basis of type, the market has been segmented into specialty additives, pulping chemicals, bleaching & deinking chemicals, fillers & coatings, polymers and others. Specialty additives segment accounted for the largest market share in the global pulp & paper chemicals market in 2017 and is expected to register a highest CAGR during the review period.
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Though, the market value share of special additives will be on top, in terms of volume the market share of specialty additives will be on the lower end due to the high pricing of the specialty additives. The specialty additives help in improving the properties of recycled and raw paper such as strength, gloss, brightness and opacity and other properties whilst maintaining the operational efficiency of the equipment used in the paper and pulp industry. With the developed economies emphasizing more on use of recycled paper, it is essential to retain the strength of fibers, glossiness, and brightness of paper which can be achieved using the specialty additives.
Based on applications, the market has been segmented into pulp, paperboard and tissue, printing & writing, and general purpose. Paper board & tissue segment accounted for the largest market share in the global market owing to the increasing demand for lightweight packaging materials among the various end-use industries such as FMCG, pharmaceuticals, and food & beverages. With the increasing scrutiny on non-biodegradable packaging materials, the end-use industries are focusing on bio based and biodegradable packaging materials which is expected to drive the demand for pulp and paper treatment chemicals. The pulp segment is expected to trail paperboard and tissue application during the forecast period.
Regional Analysis
Asia-Pacific accounted for the largest market share in the global pulp & paper chemicals market in 2017 as a result of urbanization and industrialization in developing economies such as India, China, and Southeast Asian countries. Increasing demand for paper in the packaging applications along with increasing per capita paper consumption and substantial spending on personal hygiene among the consumers in the region is expected to drive the demand for paper & pulp chemicals during the forecast period. In addition, the substantial growth of e-commerce activities in the region propelling the paperboard packaging materials can be associated with the demand for paper and pulp processing chemicals in the region.
North America is another prominent market for pulp & paper chemicals in terms of market share, however, the regional market is expected to witness a slow growth owing to a mature paper industry and declining print media market in the U.S can be attributed towards the sluggish growth of pulp and paper processing chemicals demand in the region.
The European regional market is expected to witness moderate growth during the forecast period in the Western European countries, whereas, the Easter European market is expected to grow substantially. Increasing export of pulp and the increasing recycling of paper in the European region can be attributed towards the demand for pulp and paper processing chemicals in the region.
The Latin American market for is expected to grow at a significant rate during the review period with the urbanization and increasing export of paper from the region. The Middle East & Africa regional market is expected grow substantially owing to the rapid growth of paper industry in the region.
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Segmentation
The global pulp & paper chemicals market has been segmented by type, application, and region.
On the basis of type, the market has been segmented into bleaching & deinking chemicals, polymers, fillers & coatings, pulping chemicals, and specialty additives.
Based on application, the market has been segmented into pulp, paperboard & tissue, printing & writing and general purpose.
Based on region, the market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Key Players
Some of the key players in the global pulp & paper chemicals are BASF SE (Germany), Kemira (Finland), Ashland (US), Clariant (Switzerland), Ecolab (US), Arakawa Chemical Industries, Ltd (Japan), Harima Chemicals Group, Inc. (Japan), Applied Chemicals International Group (Switzerland), Solenis (US), and SEIKO PMC CORPORATION (Japan).
Intended Audience
Pulp & Paper Chemicals manufacturers
Traders and distributors of Pulp & Paper Chemicals
Paper & Pulp Producers
Potential investors
Raw material suppliers
Paper Recyclers
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