Pulp & Paper Enzymes Market - By Product (Amylases [Surface Coating, Deinking, Drainage Improvement], Hemicellulase [Bleaching, Fibrillation, Debarking], Lipase [Pitch Treatment, Microbial Control], Cellulose [Deinking, Fibrillation], Pectinase), & Global

Pulp & Paper Enzymes Market - By Product (Amylases [Surface Coating, Deinking, Drainage Improvement], Hemicellulase [Bleaching, Fibrillation, Debarking], Lipase [Pitch Treatment, Microbial Control], Cellulose [Deinking, Fibrillation], Pectinase), & Global Forecast, 2023-2032

Global Pulp and Paper Enzymes Market is expected to encounter significant gains through 2032 on account of the rising usage of stationary in corporate offices. A surge in the number of offices has increased the demand for stationery products such as notepads, computer supplies, and other products made of pulp and paper enzymes, creating a positive impact on market growth.

Furthermore, many companies operating in the field are focusing on expansion strategies and product innovations to keep ahead of the competition, which will further benefit the market dynamics in the long run. For instance, in February 2022, BASF, a prominent chemicals company, announced the expansion of its polyamide (PA) and polyphthalamide (PPA) range in Europe after the successful acquisition of Solvay’s PA66 business.

In fact, in August 2022, the company also launched an eco-friendly industrial packaging solution with Nippon Paint China, a prominent coatings manufacturer. Its use in Nippon Paint’s dry-mixed mortar series products can save plastic pollution and reuse around 10,000 tons of paper bags annually.

The overall pulp and paper enzymes market is classified on the basis of product and region.

Based on the product, the pulp and paper enzymes industry size from xylanase segment is anticipated to expand notably through 2032. The cost-effectiveness of xylanase has made it a preferred enzyme in the paper industry. By breaking the xylan network, xylanase enhances the properties of bleaching compounds, which helps release the trapped lignin from the pulp for paper production. In fact, the microbial xylanases enzyme technology helps reduce or eliminate the chlorine content which aids the paper manufacturing process, thus, fostering product adoption.

North America pulp and paper enzymes market size is expected to expand at over 5.5% CAGR from 2023 to 2032. Growing concerns over plastic pollution have increased the adoption of paper packages in the region, positively contributing to product demand. As per the Office of Energy Efficiency & Renewable Energy, in January 2022, the U.S. DOE announced an investment of around USD 13.4 million to cut down plastic industry emissions.

As per the UN, Canada’s Budget for 2022 also proposes an investment of USD 183.1 million over the next five years for the reduction of plastic waste. Moreover, regional expansion can also be credited to a strong presence of industry players such as Dyadic International and others, which are focusing on product innovations and expansion strategies.