Dublin, Nov. 29, 2018 (GLOBE NEWSWIRE) -- The "Paper Chemicals Market by Form (Specialty Chemicals, Commodity Chemicals) Type (Pulp Chemicals, Process Chemicals, Functional Chemicals), and Region (Asia Pacific, Europe, North America, Rest of World) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The paper chemicals market is estimated to be USD 36.4 billion in 2018 and is projected to reach USD 40.2 billion by 2023, at a CAGR of 2.0% between 2018 and 2023.
The growth in the production of packaging paper is expected to drive the demand for packaging paper. The growing penetration of paper-based packaging in the food & beverage industry is another factor likely to drive the demand for paper chemicals during the forecast period. However, the declined production of white paper due to digitization is a major factor restraining the market.
Specialty chemicals - the fastest-growing segment of the paper chemicals market, by form
The specialty chemicals segment of the paper chemicals market, by form, is projected to register the highest CAGR during the forecast period. The growing consumer need for durability and aesthetics of paper is expected to create a demand for specialty chemicals during the forecast period. The increasing consumer awareness about sustainable packaging solution is expected to generate a demand for paper-based packaging, especially in the food and beverages packaging. This, in turn, is likely to drive the specialty chemicals segment.
Pulp chemicals - the largest segment of the paper chemicals market, by type
Pulp chemicals is projected to be the largest segment of the paper chemicals market. The growth of the segment is mainly attributed to the demand for bleaching chemicals such as chlorine oxide, hydrogen peroxide, sodium bisulfite, and sodium chlorate. Oxygen and ozone are now being used as bleaching agents, which is expected to drive the segment during the forecast period.
APAC - to be the largest paper chemicals market
The APAC paper chemicals market is projected to register the highest CAGR between 2018 and 2023. The growth of the paper chemicals market in the region is mainly attributed to the shift of pulp and paper production facilities in the region from North America and Europe. Moreover, the presence of key manufacturers of paper chemicals is expected to fuel the APAC paper chemicals market during the forecast period. China, India, and Japan are the leading pulp and paper producers in the region. Capacity expansions by pulp and paper producers in India and Southeast Asia are further expected to create a demand for paper chemicals in the region.
Some of the key companies profiled in this report such as Kemira Oyj (Finland), BASF (Germany), Solenis (US), Akzonobel N.V. (Netherlands), Ecolab (US), Ashland Inc. (US), Harima Chemicals Group (Japan), Buckman Laboratories International Inc. (US), Archroma (Switzerland), and Chemisphere Paper Technologies (South Africa) are the leading paper chemicals manufacturers, globally.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Paper Chemicals Market
4.2 Paper Chemicals Market, By End-Use Industry
4.3 Paper Chemicals Market, By Type & By Region
4.4 Paper Chemicals Market Attractiveness
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Persistent Growth in Production of Packaging Paper
5.2.2 Restraint
5.2.2.1 Declining Production of Graphic Paper Due to Digitization
5.2.3 Opportunity
5.2.3.1 Bio-Refineries: New Growth Avenues for Pulp Chemicals Producers
5.2.4 Challenge
5.2.4.1 Downturn in Paper Production of China Due to Strict Regulatory Scenarios
5.3 Porter's Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Indicators
6 Paper Chemicals Market, By Form
6.1 Introduction
6.1.1 Specialty
6.1.2 Commodity
7 Paper Chemicals Market, By Type
7.1 Introduction
7.2 Pulp Chemicals
7.3 Functional Chemicals
7.4 Process Chemicals
8 Paper Chemicals Market, By Region
9 Competitive Landscape
9.1 Overview
9.2 Market Share Analysis
9.3 Competitive Scenario
9.3.1 Acquisition
9.3.2 Expansion
10 Company Profiles
10.1 Kemira OYJ
10.2 Ecolab
10.3 BASF SE
10.4 Solenis
10.5 Akzonobel N.V.
10.6 Ashland Inc
10.7 Harima Chemicals Group, Inc.
10.8 Buckman Laboratories International, Inc.
10.9 Archroma
10.10 Ivax Paper Chemicals Ltd
10.11 Additional Company Profiles
10.11.1 Chemisphere Paper Technologies
10.11.2 Ivax Paper Chemicals Limited
10.11.3 Kolb Distribution Ltd
10.11.4 Peroxychem
10.11.5 Axchemgroup
10.11.6 Flourish Paper and Chemicals Ltd
10.11.7 Thermax Global
10.11.8 Papertex Speciality Chemicals Pvt. Ltd
10.11.9 Shree Chlorates
For more information about this report visit https://www.researchandmarkets.com/research/wplkxf/paper_chemicals?w=12
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