Specialty Pulp and Paper Chemicals Market Size, Share Global Analysis Report, 2022 – 2028

Industry Insights

[229+ Pages Report] According to Facts and Factors, the global specialty pulp and paper chemicals market was valued at USD 24.9 million in 2021 and is predicted to increase at a CAGR of 2.5% to USD 26.31 million by 2028. The study examines the market in terms of revenue in each of the key regions, which are classified into countries.

Market Overview

Specialty pulp and paper chemicals are downstream derivatives of a wide range of commodity chemicals, such as acids, amines, alcohols, fatty alcohols, solvents, surfactants, and betaines, which are bulk chemicals that can be supplied without preprocessing. Mineral acids and bases are commonly utilized as basic chemicals in specialized pulp and paper manufacturing. Furthermore, these compounds are an essential component of the paper-making process, which minimizes water and energy use. The use of specialty papers such as tissue papers, diazo sheets, laminations, magazines, envelopes, and others increases demand for specialty chemicals, which drives the market growth. The employment of functional chemicals to improve paper performance by adding special qualities and features to optimize production, boost competitive advantage, and introduce consumer benefits into daily products is driving market expansion.

Furthermore, the expansion of the Specialty Pulp and Paper Chemicals market is aided by an increase in recycled paper usage. Due to the digital revolution, which has also led to industry consolidation, demand for specialized paper and pulp chemicals has been dropping or remaining relatively stable in recent years. Growing demand from packaging, domestic, and sanitary applications, on the other hand, has helped to stabilize the market. Coating as a protective material to induce smoothness and limit ink absorbency in specialty paper is becoming more popular, which will increase the use of functional chemicals in the coming years.

Companies are focusing on identifying and monetizing new prospects in the global chemicals business as it enters the recovery phase. In the short term, the majority of chemical sectors are expected to see a volume increase of 4% to 8%, depending on the chemical sub-segment and product portfolio. One of the most difficult aspects is determining the correct material composition. If there is a greater variance in material composition, there should be a higher difference in pH range, resulting in an increase or decrease in pulp and paper quality. As a result, the highly experienced operator must select the right material composition in order to retain the finished product's quality.

Impact of COVID – 19

The global economy, industrial and manufacturing sectors, and consumer sector are all suffering as a result of the COVID-19 epidemic. As a result of COVID-19, the expansion of the paper, pulp, and chemical industries are expected to slow in 2021, resulting in a slowdown in the worldwide specialty paper and pulp chemical market over the projection period.

Segmentation Analysis

The global Specialty Pulp and Paper Chemicals Market is segregated based on product outlook and application outlook.

The market is divided into four areas based on product: bleaching, process, functional, and basic chemicals. Functional chemicals accounted for about half of the total specialty pulp and paper chemicals industry. Printability, color, texture, water repellency, and strength are among the traits and qualities of specialty paper that are improved by functional compounds. Dyes, coating binders, sizing additives, dry and wet additives, and whitening agents are some of the most regularly utilized functional chemicals.

Packaging was the most popular application area. Because of its capacity to produce great print contrast as well as a flawless finish in laminating and vacuum metalizing applications, the market for specialized pulp and paper chemicals for packaging is expected to develop rapidly. Another element boosting total market demand is the widespread use of specialty paper in food packaging goods such as corrugated clamshells, carryout boxes, paper tubes, plates, and cups. Commercial printing accounts for significant portions of writing and printing applications, and this segment is projected to drive demand for printing applications in the coming years.

Report Scope

Regional Landscape

The Asia Pacific region dominated the worldwide Specialty Pulp and Paper Chemicals Market and is likely to continue to do so during the forecast period. Furthermore, rising disposable income has boosted retail infrastructure and packaged food consumption in the region, boosting demand for specialized pulp and paper chemicals. Furthermore, the Asia Pacific region's market expansion is fueled by the availability of raw resources.

Environmental performance, regulatory compliance, and early adoption of sustainable production practices are all important aspects in determining the industry's growth in North America. Due to saturation and growth in the digital economy, the specialized pulp and paper chemicals market in North America has reached a standstill.

List of Key Players in the Global Specialty Pulp and Paper Chemicals Market:

• Ashland
• BASF SE
• Buckman
• Dow Chemical Company
• Ecolab
• SNF Group
• Evonik Industries AG
• Nouryon
• Solenis

The global specialty pulp and paper chemicals market is segmented as follows;

By Product Outlook

• Basic Chemicals
• Functional Chemicals
• Bleaching Chemicals
• Process Chemicals

By Application Outlook

• Printing
• Packaging
• Labeling
• Others

By Regional Outlook

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America