Global Specialty Pulp and Paper Chemical Market 2022-2028

Global Specialty Pulp and Paper Chemical Market 2022-2028

Specialty pulp and paper chemicals are referred to as chemicals and polymers that possess special functions that are utilized in enhancing the quality and performance of paper. Bleaching chemicals, functional chemicals, and coating chemicals are some of the prominently used specialty chemicals used in the production of papers. These chemicals are generally used in printing applications, including printing of catalogs and magazines, as the chemicals provide increased permanence, durability, surface and strength characteristics, and delivers acid-free and alkaline papers. Increase in demand for specialty paper across the globe along with increasing demand for coated paper and better packaging for quality food service, are some of the major factors driving the market growth. However, there are certain factors such as the environmental concern and irregularity in raw material price may hamper the growth of the market.

The global specialty pulp and paper chemical market can be segmented on the basis of product type and application. Based on product type, the market can be classified into bleaching chemicals, functional chemicals, coating chemicals, and others. Among these, the functional chemical segment is expected to hold a significant market share during the forecast period. It is mainly due to the extensive use of chemicals such as latex, starch, binders and other coating agents to enhance the quality of the paper. On the basis of the application, the market can be segregated into packaging, labeling, and printing. The packaging segment is expected to hold the largest market share due to its increasing application in e-commerce and food industry.

The global specialty pulp and paper chemical market is further analyzed and segmented on the basis of regions into North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific contributes a significant share in the global specialty pulp and paper chemical market and expected to retain its position by exhibiting a considerable growth rate during the forecast period. Increasing consumption of paper in printing, packaging in various economies of the Asia-Pacific, such as China, India, and Thailand, is a major factor propelling the market growth in the region. Moreover, the packaging is the fastest growing application in the Asia-Pacific, owing to a considerable surge in the retail infrastructure development and growth in general consumer goods in the region.

Major market players operating in the global specialty pulp and paper chemical market are Akzo Nobel N.V., Evonik Industries AG, Solvay S.A., BASF SE, and The Dow Chemical Co., among others. These companies adopt various strategies such as partnership & collaborations, finding a new market or product innovations in their core competency in order to stay competitive in the market. For instance, in March 2021, The Dow Chemical Co. collaborated with BioLogiQ and announced a combined assessment of plant-based polymers and resins in order to create more sustainable plastic opportunities..

Market Segmentation:

1. Global Specialty Pulp and Paper Chemical Market Research and Analysis by Product Type

2. Global Specialty Pulp and Paper Chemical Market Research and Analysis by Application

The Report Covers:

Comprehensive research methodology of the global specialty pulp and paper chemical market.

This report also includes a detailed and extensive market overview with key analyst insights.

An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.

Analysis of regional regulations and other government policies impacting the global specialty pulp and paper chemical market.

Insights about market determinants which are stimulating the global specialty pulp and paper chemical market.

Detailed and extensive market segments with regional distribution of forecast revenues.

Extensive profiles and recent developments of market players.