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Specialty Pulp and Paper Chemicals Market to Grow at 4.4% CAGR to 2021: Analysis of Key Players, Trends, Drivers, & Challenges
The market research report ‘Global Specialty Pulp and Paper Chemicals Market 2017-2021’aims to offer insights into new business opportunities for companies such as Ashland, BASF, Kemira, Novozymes, and The Dow Chemical Company.
Marketsizeforecasters.com adds new global Specialty Pulp and Paper Chemicals market: report that lists top active companies as Ashland, BASF, Kemira, Novozymes, and The Dow Chemical Company.
Other Prominent Vendors in the market are: Clariant, ERCO Worldwide, Imerys, SNF Floerger, and Solvay.
Research Analysts forecast the global Specialty Pulp and Paper Chemicals market to grow at a CAGR of 4.4% during the period 2017-2021.
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Commenting on the report, an analyst team said: One trend in market is advances in technology. The pulp and paper chemical industry has witnessed many technological advances, which are expected to promote the market growth during the forecast period. One such advancement is that the use of enzymes for manufacturing specialty paper. The pulp and paper chemical industry has witnessed many technological advances, which are expected to promote the market growth during the forecast period. One such advancement is that the use of enzymes for manufacturing specialty paper. In addition, the increasing use of recycled pulp to reduce energy consumption and technologies that aid optimal processing of recycled pulp, and advances in technologies in kraft pulping and mechanical pulping are the other notable advances witnessed in the market.
The listed pricing for this Specialty Pulp and Paper Chemicals Market report starts at $ 3500.
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According to the report, one driver in market is growth in demand for functional chemicals. The demand for specialty chemicals is primarily attributable to the growing demand for pigments, dyes, and coated paper among consumers for decorative applications. The demand for specialty pulp and paper chemicals in APAC, especially in developing countries, including India and China, is growing due to the increasing use of paper for different applications such as printing and labeling. This factor has become a major boost for the increase in the demand for functional chemicals such as dyes, pigments, binders, sizing chemicals, and special coating agents. In 2016, the functional chemical segment accounted for a global revenue of more than $11 billion, thereby dominating the market. Furthermore, rising literacy rates and resultant demand for writing paper in developing countries such as India and China is also fostering the demand for functional chemicals.
Further, the report states that one challenge in market is lack of availability of raw materials and volatile raw material prices. Vendors are facing serious problems in terms of increasing energy and freight prices and shortages of raw materials. The availability of raw material such as pulp, coating chemicals, and other chemicals have become a significant challenge for the vendors within the international specialty pulp and paper chemicals market. In most instances, high raw material prices and inaccessibility of raw material have a direct impact on their profit margins of the vendors. This can be attributable to the dependency on a single provider for major vendors.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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