Pulp and Paper Chemicals Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 2.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Pulp and Paper Chemicals Market Analysis
Pulp & Paper Chemicals Market is projected to register a CAGR of more than 2% during the forecast period. The Covid pandemic negatively affected the current studies market. However, post covid pandemic, the rising demand for pulp & paper chemicals from end-user industries like newsprint, packaging, and industrial papers helped to revive the market for pulp & paper chemicals.
- The growing pulp & paper industry in emerging economies and increasing paper recycling are augmenting the market's growth.
- Environmental hazards from the pulp and paper industry and stringent water treatment regulations will likely hinder the market's growth.
- Extensive research on paper quality improvements is projected to act as an opportunity for the market in the future.
Pulp and Paper Chemicals Market Trends
This section covers the major market trends shaping the Pulp & Paper Chemicals Market according to our research experts:
Increasing Demand from the Packaging and Industrial Papers
- Paper packaging includes rigid and flexible paper packaging formats, such as paper sacks and bags, corrugated boxes, wrapping paper, cartons, display packaging, cups and trays, inserts and dividers, tapes and labels, and clamshells. Significant weight advantages of paper packaging ensure benefits in terms of distribution efficiencies and raw material inputs.
- Packaging performs an essential function by protecting goods from damage, from the point of manufacture to the final consumer. It prevents the wastage of goods and energy. Packaging meets stringent safety, technical, and hygienic requirements.
- A rise in the demand for flexible paper packaging, owing to growing consumer awareness regarding the harmful effects of plastic on the environment, along with the eco-friendly nature and economical form of paper packaging, is expected to propel pulp and paper chemicals market growth.
- The significant advantage of using recycled paper packaging is the associated reduction in the cost of packaging material by up to 40%. Stringent government regulations about environmental concerns and reduction in carbon emissions are also significant factors expected to fuel the consumption of recycled paper packaging across the end-user industries.
- The United States is one of the largest packaging markets in North America. Packaging production in the United States increased, reaching 676.2 million tons in 2022 compared to 646.1 million tons in 2021. The packaging industry is driven by the country's paper and paperboard packaging, which nearly accounts for around 40% of the packaging market.
- With the increasing environmental awareness, the demand for sustainable and eco-friendly packaging is also increasing, further boosting the demand for paper packaging. Similarly, owing to increasing global environmental concerns and the rising need to reduce toxic emissions, recycled paper packaging is used by the healthcare, personal care, and food and beverages industries.
- Hence, with the increasing demand for packaging and industrial papers, the pulp & paper chemicals market is also expected to register a noticeable growth in demand during the forecast period.
China to Dominate the Asia-Pacific Region
- In the Asia-Pacific region, China is expected to drive the market for the paper packaging segment, with applications across industries like healthcare, personal care, home care, retail, and others. It, in turn, is driving the demand for the pulp and paper chemicals market in the coming years.
- The Chinese paper and paperboard packaging industry is the second-largest in the world and will showcase continuous growth owing to meet the higher demand from mass consumers. However, sustainable and eco-friendly packaging is likely to increase, thereby driving the market for Pulp & Paper Chemicals across the country.
- Due to the COVID-19 impact, the demand for retail e-commerce sales increased. E-commerce sales rose by 44% in China in 2020. It further registered as the largest e-commerce market in 2021, with a revenue of USD 1,542.6 billion, thereby increasing the demand for paper and board packaging across the country.
- The market size for the Chinese paper and paperboard manufacturing industry grew by 5% in 2022 to USD 218 billion. China's paper and paperboard manufacturing market increased by an average of 5.4% per year between 2017 and 2022. It is expected to drive the pulp and paper chemicals market demand during the forecast period.
- Increasing concern over food safety in the food and beverages sector propelled the need for high-quality food service boards and liquid packaging boards. Besides this, the development of e-commerce in China promoted the increase in express delivery, further driving the demand for packaging paper, thereby driving the demand for the pulp and paper chemicals market during the forecast period.
- The factors above may contribute to the increasing demand for pulp and paper chemicals in china during the forecast period.
Pulp and Paper Chemicals Industry Overview
The pulp & paper chemicals market is partially consolidated in nature. The major players in this market (not in a particular order) include Nouryon, BASF SE, DowDuPont, Imerys, and Kemira.
Pulp and Paper Chemicals Market Leaders
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Nouryon
-
BASF SE
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Imerys
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Kemira
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DowDupont
*Disclaimer: Major Players sorted in no particular order
Pulp and Paper Chemicals Market News
- Jan 2022: Sonoco Products Company announced the pricing increase in Canada and the United States for all grades of uncoated recycled paperboard. The prices for all shipments will increase by USD 50 per tonne beginning February 18.
- Jan 2022: Stora Enso announced an investment of USD 44.6 million in new technology and restructuring its fluff pulp production site in Skutskar, Sweden. The investment will help the company improve the products' cost efficiencies.
Pulp and Paper Chemicals Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
-
4.1 Drivers
- 4.1.1 Growing Pulp and Paper Industry in Emerging Economies
- 4.1.2 Increasing Paper Recycling
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4.2 Restraints
- 4.2.1 Environmental Hazards from the Pulp and Paper Industry
- 4.2.2 Stringent Water Treatment Regulations
- 4.3 Industry Value Chain Analysis
-
4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
-
5.1 Type
- 5.1.1 Binders
- 5.1.2 Bleaching Agents
- 5.1.3 Fillers
- 5.1.4 Pulping
- 5.1.5 Sizing
- 5.1.6 Other Types
-
5.2 Application
- 5.2.1 Newsprint
- 5.2.2 Packaging and Industrial Papers
- 5.2.3 Printing and Writing Papers
- 5.2.4 Pulp Mills and Drinking Plants
- 5.2.5 Other Applications
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5.3 Geography
- 5.3.1 Asia-Pacific
- 5.3.1.1 China
- 5.3.1.2 India
- 5.3.1.3 Japan
- 5.3.1.4 South Korea
- 5.3.1.5 Rest of Asia-Pacific
- 5.3.2 North America
- 5.3.2.1 United States
- 5.3.2.2 Canada
- 5.3.2.3 Mexico
- 5.3.3 Europe
- 5.3.3.1 Germany
- 5.3.3.2 United Kingdom
- 5.3.3.3 Italy
- 5.3.3.4 France
- 5.3.3.5 Rest of Europe
- 5.3.4 Rest of the World
- 5.3.4.1 South America
- 5.3.4.2 Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share**/Ranking Analysis
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 Arkema
- 6.4.2 Ashland Inc.
- 6.4.3 BASF SE
- 6.4.4 Buckman
- 6.4.5 Cargill Incorporated
- 6.4.6 Clariant
- 6.4.7 DowDuPont
- 6.4.8 Ecolab
- 6.4.9 ERCO Worldwide
- 6.4.10 FMC Corporation
- 6.4.11 GE Corporation
- 6.4.12 Georgia-Pacific
- 6.4.13 Kemira
- 6.4.14 Nouryon
- 6.4.15 Solvay
- 6.4.16 Sonoco Products Company
- 6.4.17 Stora Enso
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Extensive Research on Paper Quality Improvements
Pulp and Paper Chemicals Industry Segmentation
Pulp & paper chemicals are the raw materials required to produce paper. These chemicals are mixed with paper pulp to produce paper. The Pulp & Paper Chemicals Market is segmented by type, application, and geography. By type, the market is segmented into binders, bleaching agents, fillers, pulping, sizing, and other types. By application, the market is segmented into newsprint, packaging and industrial papers, printing and writing papers, pulp mills and drinking plants, and other applications. The report offers market size and forecasts for 12 countries across major regions. For each segment, market sizing and forecasts have been done based on revenue (USD million).
| Type | Binders | |
| Bleaching Agents | ||
| Fillers | ||
| Pulping | ||
| Sizing | ||
| Other Types | ||
| Application | Newsprint | |
| Packaging and Industrial Papers | ||
| Printing and Writing Papers | ||
| Pulp Mills and Drinking Plants | ||
| Other Applications | ||
| Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| Italy | ||
| France | ||
| Rest of Europe | ||
| Geography | Rest of the World | South America |
| Middle-East and Africa |
Pulp and Paper Chemicals Market Research FAQs
What is the current Pulp & Paper Chemicals Market size?
The Pulp & Paper Chemicals Market is projected to register a CAGR of greater than 2% during the forecast period (2024-2029)
Who are the key players in Pulp & Paper Chemicals Market?
Nouryon, BASF SE, Imerys, Kemira and DowDupont are the major companies operating in the Pulp & Paper Chemicals Market.
Which is the fastest growing region in Pulp & Paper Chemicals Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Pulp & Paper Chemicals Market?
In 2024, the Asia Pacific accounts for the largest market share in Pulp & Paper Chemicals Market.
What years does this Pulp & Paper Chemicals Market cover?
The report covers the Pulp & Paper Chemicals Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Pulp & Paper Chemicals Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Pulp and Paper Chemicals Industry Report
Statistics for the 2024 Pulp and Paper Chemicals market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Pulp and Paper Chemicals analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
