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The specialty pulp and paper chemicals market size is estimated to grow by USD 6.35 billion at a CAGR of 4.5% between 2023 and 2028. The market is experiencing significant growth, driven by the rising demand for specialty papers, particularly in the packaging and labeling industries and automotive. Advanced technology trends in various industries, such as the integration of nanotechnology and biotechnology, are revolutionizing the production process, leading to improved product quality and increased efficiency. However, the market faces challenges, including the lack of availability and volatile prices of raw materials, such as lignin and rosin, which are essential for the production of specialty pulp and paper chemicals. These factors, coupled with increasing environmental regulations, necessitate continuous innovation and cost optimization strategies to remain competitive in the market.
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The market is a significant sector in the pulp and paper industry, supplying essential chemicals for various applications in packaging, printing, labeling, and industrial supply chains. Commodity chemicals, including Chelating agents, Caustic soda, Biocide, and Pigments, are the primary specialty chemicals used in this market. The Digital revolution has propelled the demand for specialized chemicals in coating, printing, and labeling processes. decorative papers, Industrial papers, such as Corrugated boxes, specialty paper, Wrapping paper, Cartons, Display packaging, Cups and trays, Inserts and dividers, and Tapes and labels, are the major end-users of these chemicals. The market is witnessing growth in emerging economies due to increasing industrialization and rising demand for sustainable packaging solutions.
The rise in demand for specialty paper is notably driving market growth. The market is experiencing significant growth due to the increasing demand for specialty paper in various industries and consumer applications. Countries such as India, China, Brazil, Turkey, Poland, and Russia are major contributors to this market expansion, driven by their high demand for specialty paper in sectors like filtration, labeling, and graphic arts. In contrast, mature markets like the US and Japan have a lower demand for specialty paper. Moreover, the consumer preference for decorative paper products and the growing application of specialty paper in the food services sector, particularly in quick-service restaurants for cups, wraps, and bags, is fueling market growth. The demand for specialty paper in industrial applications, such as folding cartons and flexible wraps, is also increasing.
Furthermore, the digital revolution has led to the emergence of new applications for specialty paper, including commercial printing, retail labels, newsprint, and industrial papers. The paper recycling industry is also a significant consumer of specialty pulp and paper chemicals, contributing to the market's growth. However, environmental hazards associated with the production and disposal of these chemicals pose a challenge to market growth. The personal care industry and high-quality paper products sectors are also major consumers of specialty pulp and paper chemicals. The trend towards sustainability and the circular economy is driving the demand for green specialty chemicals and biomaterials. The market is expected to continue growing as these trends gain momentum. Thus, such factors are driving the growth of the market during the forecast period.
Advances in technology is the key trend in the market. The pulp and paper chemical industry is undergoing significant transformations, driven by advancements in technology and shifting consumer preferences. One key development is the integration of enzymes in specialty paper manufacturing. Enzymes facilitate efficient bleaching and de-inking processes, thereby reducing the reliance on chlorine bleach and minimizing environmental hazards. Recycled pulp utilization is another trend gaining traction, as it lowers energy consumption and supports optimal processing.
Furthermore, technological advancements in kraft pulping and mechanical pulping are also noteworthy, contributing to the industry's growth. In the commercial printing sector, there is a rising demand for high-quality paper products, including labels, retail labels, newsprint, industrial papers, and packaging materials like corrugated boxes, wrapping paper, cartons, display packaging, cups and trays, inserts and dividers, tapes, and labels, clamshells, and personal care industry products. The shift towards sustainability and the circular economy is driving the market, with a focus on green specialty chemicals, bio-based chemicals, and biomaterials. Thus, such trends will shape the growth of the market during the forecast period.
Lack of availability of raw materials and volatile raw material prices is the major challenge that affects the growth of the market. The market faces significant challenges in industrial supply chains due to escalating energy and freight costs, as well as raw material scarcities. The availability of essential raw materials, such as pulp, coating chemicals, and other specialty chemicals, poses a substantial hurdle for market participants. This issue directly impacts the profitability of vendors, particularly those reliant on a single supplier for their raw materials. For instance, companies like Kemira have limited global sources for their raw materials, particularly chemicals.
Furthermore, the digital revolution in the printing industry, including commercial printing, labels, retail labels, newsprint, industrial papers, and packaging applications, necessitates the use of high-quality paper products and sustainable, green specialty chemicals. Emerging economies and the circular economy's emphasis on paper recycling and bio-based chemicals and biomaterials further complicate the market landscape. Vendors must navigate environmental hazards, such as the production of corrugated boxes, wrapping paper, cartons, display packaging, cups and trays, inserts and dividers, tapes, and labels, while also addressing the demand for clamshells and sustainable packaging solutions in the personal care industry. Sustainability and the shift towards a circular economy are driving the adoption of bio-based chemicals and biomaterials in various applications. Hence, the above factors will impede the growth of the market during the forecast period
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Archroma Management GmbH - The company offers speciality pulp and paper chemicals to increase wet and dry strength of paper, tissue and packaging.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The Functional chemicals segment is estimated to witness significant growth during the forecast period. The market encompasses a range of functional chemicals essential for the production of high-quality paper products. These include cellulosic specialties, chelates, ethylene amines, metal alkyls, micronutrients, organic peroxides, polysulfides, re-dispersible powder polymers, salt specialties, sulfur products, dyes, pigments, and coating chemicals.
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The Functional chemicals segment was the largest segment and was valued at USD 12.53 billion in 2018. Industrial supply chains rely heavily on these commodity chemicals to manufacture various paper applications, such as commercial printing, labels, newsprint, industrial papers, and packaging materials like corrugated boxes, wrapping paper, cartons, clamshells, cups and trays, inserts and dividers, and tapes and labels. The market growth is driven by the digital revolution, which has led to an increase in demand for high-quality paper products in the personal care industry and other sectors. Sustainability and the circular economy are key trends influencing the market, with a focus on bio-based chemicals and biomaterials for paper production. Additionally, emerging economies are expected to contribute significantly to market growth due to their increasing industrialization and rising demand for paper products. Paper recycling is another crucial factor, as it reduces environmental hazards and supports the sustainable production of paper.
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APAC is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The market plays a crucial role in the industrial supply chains of various sectors, including commodity chemicals, coating, pigment, commercial printing, labels, retail labels, newsprint, industrial papers, and more. Key products in this market include chelating agents, caustic soda, and biocides. The digital revolution has significantly impacted this industry, leading to advancements in coating, pigment technology, and the production of high-quality paper products. Emerging economies and the circular economy are driving demand for sustainable and eco-friendly specialty chemicals, such as bio-based chemicals and biomaterials. Applications in the paper recycling industry and the production of sustainable packaging, including corrugated boxes, wrapping paper, cartons, display packaging, cups and trays, inserts and dividers, tapes, and labels, are on the rise. The personal care industry also relies heavily on specialty pulp and paper chemicals for the production of high-quality paper products. Sustainability and green specialty chemicals are becoming increasingly important in this sector, as consumers demand eco-friendly alternatives. Environmental hazards associated with the production and disposal of these chemicals necessitate the development of safer and more sustainable alternatives. Overall, the Specialty Pulp and Paper Chemicals market is poised for growth, driven by the demand for sustainable and eco-friendly solutions, technological advancements, and the increasing importance of the circular economy.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million " for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The market is a significant segment in the industrial supply chains, catering to the production of various paper products. Commodity chemicals such as Caustic soda, Chelating agents, Biocide, and Pigments play a crucial role in this industry. The Digital Revolution has brought about significant changes, leading to innovations in Coating, Printing, and Packaging. Commercial printing applications, including Labels for Retail and Newsprint, continue to dominate the market. The production of printing paper and copier paper often involves the use of mineral acids and bases as well as bleaching and functional chemicals, while a growing emphasis on biodegradable and recyclable chemicals reflects efforts toward efficiency and cost reduction in the paper industry, including the manufacturing and labeling of personal hygiene paper products. Paper recycling is another key trend in the market, addressing environmental hazards and reducing the dependency on virgin raw materials. Furthermore, the enzymes' role in enhancing the chemical reaction of cellulose is anticipated to expand.
The market is expected to witness significant growth in the coming years, driven by the increasing demand for specialized chemicals in various applications. Furthermore, industrial papers, such as Corrugated boxes, Wrapping paper, Cartons, Display packaging, Cups and trays, Inserts and dividers, Tapes and labels, Clamshells, and Personal care industry products, also rely on these specialty chemicals. Emerging economies are expected to drive market growth due to increasing demand for high-quality paper products and sustainability concerns. Paper recycling is a key focus area to reduce environmental hazards. The shift towards Green specialty chemicals, Bio-based chemicals, and Biomaterials is gaining momentum as part of the Circular Economy. The market is expected to witness continued growth in the coming years.
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Market Scope |
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Report Coverage |
Details |
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Page number |
156 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.5% |
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Market growth 2024-2028 |
USD 6.35 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
4.23 |
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Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 38% |
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Key countries |
US, China, Japan, Germany, and Italy |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Archroma Management GmbH, Arkema SA, Ashland Inc., BASF SE, Buckman Laboratories lnternational Inc., Croda International Plc, Dow Inc., Ecolab Inc., ERCO Worldwide, Evonik Industries AG, Imerys S.A., INEOS Group, Kemira Oyj, Nouryon, Novozymes AS, Robert Specialty Paper Corp., Sappi Ltd., Solenis, Solvay SA, and SNF Group |
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Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for market forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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