Pune, India -- (SBWire) -- 09/19/2018 --Market – Overview
The development of the paper industry has also set off growth not only in the sector alone but also in its related markets like that of dry strength agents. Market Research Future which deals in specialized market reports related to the chemicals and materials sector amongst others, lately published a report on this industry. The industry is projected to reach revenues worth USD 90,549 million in 2023 while growing with an approximate CAGR of 3.50 per cent in the forecast period.
In dry mill setups, their utility in increasing the strength per unit or bonded area between the fibers of a sheet of paper is one of its main indications. This is also one of the primary reasons that has been instrumental to the expansion of this particular industry. Increase in the number of paper making facilities has been driving the growth trend of the market consequently.
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Industry Segments
The segmentation of dry strength agent market internationally is majorly based on region and types. Based on types this market includes polyacrylamide, glyoxylted polyacrylamide, amphoteric polymers, aminestarch based polymers and others. The Polyvinylamine controls the market with a 28% share which is subsequently followed by Glyoxylted polyacrylamide and Polyacrlamide. The market is regionally categorized into North America, Europe, APAC, Latin America, and Middle East & Africa.
Segmentation
The global paper dry strength agent market is majorly segmented on the basis of types, and region. Firstly, based on types, global paper dry strength agent market is segmented into polyvinyl amine, polyacrylamide, glyoxylted polyacrylamide, starch based polymers, amphoteric polymers and others based on region market is divided into North America, Europe, APAC, Latin America, Middle East & Africa.
Regional Analysis
Geographically, Asia Pacific region is the third largest market of paper dry strength agent due to demand in various applications such as printing & writing paper and tissue industry, In China region followed by India Japan. Rising demand for paper industry due to increasing population in the India, Indonesia, Taiwan, and South Korea has made Asia Pacific largest consumer of the global Paper dry strength agent market. Furthermore, the second largest market of paper dry strength agent is European region owing by increasing in the consumption of paper dry strength agent market in this region. However the consumption of paper dry strength agent is comparatively less in the Middle East & Africa and Latin America.
North America is one of the largest market for paper dry strength agent, according to U.S environment protection agency, printing and writing papers typically found in school or office environment such as copier paper, computer printouts and notepads comprise the largest category of paper product consumption, owing to this the market for paper dry strength is inclining at tremendous growth rate.
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Paper Dry Strength Agents Market Share, Emerging Trends, Global Industry Outlook, Analysis and Forecast 2018-2023
Global Paper Dry Strength Agent Market Information-by Type (Polyvinyl amine, Polyacrylamide, Glyoxylted Polyacrylamide, Starch Based Polymers, Amphoteric Polymers and others), and by Region - Forecast till 2023