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Important: Covid19 pandemic market impact
As China remains a hub for the paper and pulp industry, there has been an expected adverse impact of COVID-19 pandemic on the demand for bleaching, functional, and other process chemicals used in paper production. The outbreak has impacted consumer spending patterns, as well as the restrictions on non-essential goods by governments in many COVID impacted countries, have led to a drop in demand for paper packaging. However, positive growth is to be expected from paper towels and tissue papers with the increasing importance of hygiene and disinfection amongst consumers. The updated report will account for COVID-19 as a key market contributor.
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