Pulp & Paper Enzymes Market Size By Product (Amylases [Surface Coating, Deinking, Drainage Improvement], Xylanases/ Hemicellulase [Bleaching, Fiber Modification/ Fibrillation, Deinking, Debarking, Retting Of Flax Fibers], Lipase [Pitch Treatment, Microbia

Pulp & Paper Enzymes Market Size By Product (Amylases [Surface Coating, Deinking, Drainage Improvement], Xylanases/ Hemicellulase [Bleaching, Fiber Modification/ Fibrillation, Deinking, Debarking, Retting Of Flax Fibers], Lipase [Pitch Treatment, Microbial Control], Cellulose [Deinking, Fiber Modification/ Fibrillation, Drainage Improvement], Pectinase [Debarking, Retting Of Flax Fibers]), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022 - 2030

The global pulp & paper enzymes industry is poised to demonstrate significant revenue growth between 2022 to 2030. As Covid-19 restrictions start to ease globally, many schools, colleges and offices are steadily resuming operations. In developing countries like India, paper manufacturers are projected to witness solid earnings with high demand for paper-based products.

According to the International Project Management Association (IPMA), India’s paper consumption is expected to showcase 6%-7% annual growth and reach 30 million tons by FY 2026-27. Various factors including a growing emphasis on education and literacy, and expansion of the retail sector are likely to favor pulp & paper businesses.

Increasing efforts to reverse the environmental implications of the paper industry have fostered new research and development initiatives. In 2021, a group of researchers from the Institute of Agrochemistry & Food Technology (IATA) of Spain patented a super enzyme capable of reducing dependence on chemical products for paper production. The new extremophilic xylanase enzyme is environmentally friendly and can withstand extreme conditions.

Sustainable packaging trends are encouraging brands to adopt eco-friendly solutions to decrease their carbon footprint, encouraging extensive research in the field of biodegradable packaging. In November 2021, researchers at Finland-based biotechnology company Metgen Oy revealed their strategy to replace raw oil-based materials with a combination of biomolecules and enzymes from wood to simplify the degradation of packaging materials. Metgen Oy’s innovative technology primarily focused on creating a shield to improve paper strength and water resistance.

The pulp & paper enzymes market landscape is categorized into product and region.

Based on product, the industry is fragmented into lipase, cellulase, xylanases/hemicellulase, amylases, pectinase, and others. The lipase enzyme segment accounted for 350 tons of market share in 2021 based on volume and is estimated to reach over 580 tons by 2030. This enzyme supports various metabolic functions including digesting, transport, and processing of dietary lipids by catalyzing the hydrolysis of fats. Lipase is widely used in diagnostic, medical, and industrial applications along with paper production. The enzyme allows paper producers to improve product quality and reduce manufacturing costs.

From a regional frame of reference, Latin America pulp and paper enzymes market is anticipated to reach more than USD 30 million by 2030. Countries like Chile, Uruguay, and Brazil are infusing large number of investments in the pulp industry.

Wood is abundantly available throughout LATAM, and many countries in the region have weaker currencies, which entices paper businesses. Brazil is one of the leading exporters of eucalyptus pulp, which is largely used in tissue production, making it a potential landscape for pulp and paper enzyme manufacturers.