Paper Chemicals Market Size – USD 37.63 Billion in 2020, Market Growth - CAGR of 1.9%, Market Trends- progressive increase in demand for paper packaging products
New York, NY -- (SBWIRE) -- 04/30/2021 -- The growth of the market is governed by various factors such as the growing demand from the packaging industry
Market Size – USD 37.63 Billion in 2020, Market Growth - CAGR of 1.9%, Market Trends- progressive increase in demand for paper packaging products
The Paper Chemicals Market is expected to reach USD 43.91 Billion by 2028, according to a new report by Reports and Data. The paper enterprise is a vast and increasing portion of the world's economy. Paper production has expanded globally and will continue to develop shortly.
Paper packaging is the principal asset for the food industry. It is environment-friendly and also improves the benefit for consumers. There is competition in the food and beverages market between those who produce quality products to the consumers. The food production companies are becoming careful, and they are executing efforts for the packaging of products. Several ranges of packaging materials in the market are accessible to satisfy various packaging needs, like cardboard and corrugated boxes.
The increasing demand for paper merchandise, such as wraps, cups, and baggage, from the food industry and the usage of paper in print media, such as newspapers and magazines, will also expand the demand for paper. This will influence chemical manufacturers to produce new and advanced products, which, in turn, will boost the market growth possibilities.
The Key players in the Paper Chemicals Market include BASF, Kemira Oyj, Akzonobel N.V., Archroma, Solenis, Ecolab, Harima Chemicals Group, Ashland Inc., Buckman Laboratories International Inc, and Chemisphere Paper Technologies.
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Further key findings from the report suggest
- The paper chemicals market is estimated to reach USD 43.91 Billion by 2028, at a CAGR of 1.9% during the forecast period.
- The application in writing & printing accounted for the largest share of 25.3% of the market in 2018.
- The specialty form segment accounted for a larger share of 62.8% of the market in 2018.
- The functional chemical type is expected to witness the highest CAGR of 2.1% during the forecast period.
- Rising per capita income has observed more consumption of the product, which has encouraged the growth of the market in the Asia Pacific region.
- North America is an advanced market owing to the availability of higher quality of infrastructure and technology. The North America market is expected to rise with a CAGR of 1.9% during the forecast period.
- Various players are developing strategies to mark their presence in the industry.
- Solenis and BASF acknowledged an agreement to merge BASF's paper and water chemicals business with Solenis in May 2018, to collectively create a customer-focused global specialty chemicals company. The combined industry is anticipated to operate under the Solenis brand and will present increased offerings and cost-effective solutions for customers in industrial water technologies and paper technologies.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/paper-chemicals-market
For the purpose of this study, Reports and Data have segmented the market on the basis of Application, Chemical Type, Form, and region:
Application Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2018-2028)
Writing & Printing
Packaging
Labelling
Building & Construction
Others
Chemical Type Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2018-2028)
Pulp Chemicals
Process Chemicals
Functional Chemicals
Form Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2018-2028)
Specialty
Commodity
Regional Outlook (Volume, Square Meters; and Revenue, USD Billion ; 2018-2028)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020 – 2028
Chapter 3. Indicative Metrics
Chapter 4. Paper Chemicals Market Segmentation & Impact Analysis
4.1. Paper Chemicals Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rising application of paper packaging in various industries.
4.2.2.2. Growing demand for specialty chemicals
4.2.3. Market restraints analysis
4.2.3.1. Emergence of digitization that leads to reduction in the application of paper products
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter's Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
….
Chapter 9. Competitive Landscape
9.1. Market Revenue Share By Manufacturers
9.2. Manufacturing Cost Breakdown Analysis
9.3. Mergers & Acquisitions
9.4. Market positioning
9.5. Strategy Benchmarking
9.6. Vendor Landscape
Chapter 10. Company Profiles
10.1. BASF
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Technology Insights
10.1.4. Strategic Initiatives
10.2. Kemira Oyj
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Technology Insights
10.2.4. Strategic Initiatives
10.3. Akzonobel N.V
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Technology Insights
10.3.4. Strategic Initiatives
10.4. Archroma
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Technology Insights
10.4.4. Strategic Initiatives
10.5. Solenis
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Technology Insights
10.5.4. Strategic Initiatives
Continue…
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