Specialty Pulp & Paper Chemicals Market Size, Share & Trends Report

Specialty Pulp & Paper Chemicals Market Size, Share & Trends Analysis Report By Product (Basic, Functional, Bleaching, Process), By Application (Printing, Packaging, Labeling), By Region, And Segment Forecasts, 2020 - 2027

  • Published Date: Mar, 2020
  • Base Year for Estimate: 2019
  • Report ID: 978-1-68038-223-5
  • Format: Electronic (PDF)
  • Historical Data: 2016 - 2018
  • Number of Pages: 148

Report Overview

The global specialty pulp and paper chemicals market size valued at USD 21.9 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 3.1% from 2020 to 2027. The market is anticipated to be driven by growing demand for bleaching and functional chemicals used in the production of specialty paper for applications such as packaging, printing, and labeling.

U.S. specialty pulp & paper chemicals market size

Specialty pulp and paper chemicals are downstream derivatives of a wide range of commodity chemicals including acids, amines, alcohols, fatty alcohols, solvents, surfactants, and betaines; wherein these commodity raw materials are bulk chemicals and can be supplied directly without preprocessing treatment. Mineral acids and bases are generally used as basic chemicals in the manufacturing of specialty pulp and papers.

Various raw materials used in manufacturing of these products include chelating agents, caustic soda, and biocide. Chelating agents provide the desired level of brightness to the paper when applied with hydrosulfite and hydrogen peroxide bleaches, thereby playing a vital role in the specialty pulp and paper industry. Biocides, however, are used to control and prevent microbial growth and to maintain efficiency in specialty pulp and paper manufacturing machines.

Over the past years, the demand for specialty paper and pulp chemicals has been declining or is relatively stagnant due to the digital revolution, which has also led to consolidation in the industry. However, growing demand from packaging, household, and sanitary applications has helped bring stabilization in the market. Increasing popularity of coating as a protective material to induce smoothness and reduce ink absorbency in specialty paper will amplify the usage of functional chemicals over the next few years.

Product Insights

The product segment includes basic, functional, and process chemicals. Functional chemicals are anticipated to be the largest as well as fastest growing product segment in 2019 and is expected to register a volume-based CAGR of 2.2% over the forecast period. It constitutes of pigment, starch, latex, binders, dye, and miscellaneous coating agents.

The functional chemicals are used to improve the properties and qualities of specialty paper such as printability, color, texture, water repellency, and strength. Some of the commonly used functional chemicals are dyes, coating binders, sizing additives, dry and wet additives, and whitening agents. Non-fibrous materials including functional and coating chemicals such as fillers, rosins, brighteners, and alum are added during paper making process for imparting gloss, strength, and ink retention characteristics.

Application Insights

Packaging emerged as the largest application segment in 2019, with consumption of USD 8.9 billion worth chemicals. The demand for specialty pulp and paper chemicals for packaging is likely to witness a high growth on account of its ability to deliver outstanding print contrast as well as smooth finish in laminating and vacuum metalizing applications.

Wide application of specialty paper in food packaging products including corrugated clamshell, carryout boxes, paper tubes, plates, and cups is another factor augmenting the overall market demand. Commercial printing accounts for major sections in writing and printing application, which is expected to propel the demand for printing application segment over the next few years.

Global specialty pulp & paper chemicals market share

Specialty chemicals are extensively used in the production of various labels including industrial bar code labels, retail labels, healthcare, and medical labels, and transportation and distribution labels. Various beneficial properties of these labels such as outstanding printability, enhanced bar code readability, and compatibility with solvents are anticipated to further propel the market demand over the forecast period.

Regional Insights

Asia Pacific dominated the market accounting for over 46.9% of total volume share in 2019. Strong presence of specialty pulp and paper manufacturers in Japan and China in light of easy access to equipment as well as raw materials is expected to increase the use of chemicals over the next seven years.

In addition, increasing demand for specialty pulp and paper in several end-use applications such as labeling, printing, and packaging is predicted to propel the market growth over the forecast period. China and India are projected to exhibit remarkable growth owing to rising industrialization supplemented by rapid economic growth and low labor cost.

In North America, factors such as environmental performance, regulatory compliance, and early adoption of sustainable production techniques play a vital role in shaping the industry growth. North America reached a stagnant level in the specialty pulp and paper chemicals market due to saturation and growth in the digital industry in 2019. Nevertheless, the market is expected to grow due to increasing demand for eco-friendly chemicals for recycled papers and growing application scope of specialty papers.

Key Companies & Market Share Insights

The market is highly fragmented in nature with the presence of established industry players and is characterized by mergers and acquisitions, joint ventures, capacity expansions, substantial distribution, and branding decisions to improve market share and regional presence. Key players include Ashland, BASF SE, Buckman, and Dow Chemical Company.

They are integrated through the value chain from sourcing the raw material to the finished product line. Also, they are involved in continuous R&D activities to develop new products as well as are focused on expanding the product portfolio. This is expected to intensify competition and pose a potential threat to the new players entering the market. Some of the prominent players in the specialty pulp and paper chemicals market include:

  • Ashland

  • BASF SE

  • Buckman

  • Dow Chemical Company

  • Ecolab

  • SNF Group

  • Evonik Industries AG

  • Nouryon

  • Solenis

Specialty Pulp & Paper Chemicals Market Report Scope

Report Attribute

Details

Market size value in 2020

USD 22.5 billion

Revenue forecast in 2027

USD 27.9 billion

Growth Rate

CAGR of 3.1% from 2020 to 2027

Base year for estimation

2019

Historical data

2016 - 2018

Forecast period

2020 - 2027

Quantitative units

Volume in kilotons, revenue in USD million and CAGR from 2020 to 2027

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Product, application, region

Regional scope

North America; Europe; Asia Pacific; Middle East & Africa; Central & South America

Country scope

U.S.; Mexico; Canada; Germany; U.K.; Italy; France; Spain; Netherlands; Russia; Turkey; China; India; Japan; South Korea; Indonesia; Malaysia; Australia; New Zealand; Thailand; Vietnam; Brazil; Argentina; Venezuela; Iran; Saudi Arabia; UAE

Key companies profiled

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

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Segments Covered in the Report

This report forecasts revenue and volume growth at the global, regional, and country levels and provides an analysis on the latest industry trends in each of the sub-segments from 2016 to 2027. For the purpose of this study, Grand View Research has segmented the global specialty pulp and paper chemicals market report on the basis of product, application, and region:

  • Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

    • Basic Chemicals

    • Functional Chemicals

    • Bleaching Chemicals

    • Process Chemicals

  • Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

    • Printing

    • Packaging

    • Labeling

    • Others

  • Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

    • North America

      • The U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • The U.K

      • Italy

      • France

      • Spain

      • Netherlands

      • Russia

      • Turkey

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

      • Indonesia

      • Malaysia

      • Australia

      • New Zealand

      • Thailand

      • Vietnam

    • Central and South America

      • Brazil

      • Argentina

      • Venezuela

    • Middle East & Africa

      • Iran

      • Saudi Arabia

      • UAE

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