Pulp And Paper Processing Chemicals Market expansion at a CAGR of over 4% during the forecast period (2023 – 2029)

Pulp And Paper Processing Chemicals Market, though among the significantly thriving industrial sectors, continues to face a set of longstanding challenges such as high capital expenditure and exorbitant energy costs. Paper processing chemicals that are thus used currently account for around 10% of the total costs incurred in paper production mills. With the consistent growth in demand for high-performance paper products, a new report of Persistence Market Research (PMR) projects steadfast growth in consumption of paper processing chemicals. During the forecast period (2023 – 2029), the global paper processing chemicals market will observe steady expansion at a CAGR of over 4%.

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In particular, paper mills consume a majority of fillers and coating pigments, with around one-fourth percentage of paper & pulp processing chemicals being captured by the coating chemicals segment. Coating chemicals provide a water-resistant layer on the surface of paper that makes it more durable.

Although the digital revolution has significantly impacted the consumption of paper & paperboard, population growth and change in living standards have created new market opportunities through paper goods such as personal hygienic tissue papers and skid resistant paper packaging.

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Company Profiles:

  • BASF-SE
  • Kemira Oyj
  • Nouryon BV
  • The Dow Chemical Company
  • Ivaxchem
  • Richards Chemicals & Electricals Pvt. Ltd
  • Arakawa Chemical Industries, Ltd
  • Harima Chemicals Group, Inc
  • Hydrite Chemical Co.
  • Univar Inc.
  • Axchem International Limited
  • Chemisphere Paper Technologies

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Key Takeaways – Paper Processing Chemicals Market Study

  • Inclination towards greener products and water conservation will mark an important trend in market.
  • Paper manufacturers are focusing on minimizing the consumption of fresh water through efficient usage of paper processing chemicals. Paper mills are focusing on using environment-friendly paper processing chemicals to reduce toxicity of the resultant wastewater.
  • Among developing economies, government authorities are increasing their educational budgets. This could have a positive impact on the segmental growth of the paper processing chemicals market – printing & writing papers, in the near future across developing economies.
  • Digitalization, along with increasing environmental concerns, is impacting the demand for graphic paper to a substantial extent. Many graphic and writing paper applications, from books and magazines to bills and corporate reports, are shifting from hard copies to electronic forms. This could hinder the global paper processing chemicals market growth.

A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.

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