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P&P Chemicals Market Summary and 2019's Major Players

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Market Overview:
  • The market for pulp & paper chemicals is anticipated to register a CAGR of more than 2% during the forecast period 2019-2024. Pulp & paper chemicals are the raw materials required to produce paper. These chemicals are mixed with paper pulp, to produce paper.
  • Growing pulp & paper industry in emerging economies and increasing paper recycling are augmenting the growth of the market.
  • Environmental hazards from the pulp & paper industry and stringent water treatment regulations are likely to hinder the market’s growth.
  • Extensive research on paper quality improvements is projected to act as an opportunity for the market in future.
Pulp & Paper Chemicals Major Key Players: 
 
Nouryon
Arkema
Archer Daniels Midland Company
Ashland Inc.
BASF SE
Buckman Laboratories
Cargill Incorporated
Clariant
DowDuPont
ERCO Worldwide
FMC Corporation
GE Corporation
Georgia-Pacific Chemicals LLC (Koch Industries)
Imerys
Kemira
PeroxyChem
Solvay Chemicals Inc.
Tronox Incorporated
 
Key Market Trends:
 
Increasing Demand from the Packaging & Industrial Papers
 
– A rise in the demand for flexible paper packaging, owing to growing consumer awareness regarding harmful effects of plastic on the environment along with eco-friendly nature and economic form of paper packaging, is expected to propel pulp & paper chemicals market growth.
 
– Owing to increasing environmental concerns across the world along with the rising need to reduce toxic emissions; recycled paper packaging is used by healthcare, personal care, and food & beverages industries. This, in turn, is expected to create positive impact for the market growth, during the forecast period.
 
China to dominate the Asia-Pacific region
 
– Asia-Pacific region is expecting higher growth of pulp & paper chemicals market owing to increasing waste paper importing market in China.
 
– With increasing environmental awareness and safety issues, the Chinese government has enforced a number of new regulations on waste paper importing.
 
– Small-scale paper mills with an operating capacity of less than 50,000 tons are not eligible for importing waste paper. These new regulations is having profound impact on the global waste paper recycling practice and the papermaking industry in China. As of October 2018, US exports of recovered paper to China remained relatively consistent throughout the year, averaging 608,000 ton per month.
 
– Chinese papermaking companies lack own forestry property. The companies mainly import raw materials for papermaking. The short supply of raw materials greatly affects the papermaking industry development, as it rapidly grows. In addition, the government policies and other extrinsic factors impact the import of raw materials.
 
– With the focus now shifting towards eco-friendly and sustainability, paper packaging is expected to gain focus over plastic packaging, which poses a significant threat to the environment. China is expected to drive the market for the paper packaging segment, with applications across industries, like healthcare, personal care, homecare, retail, and others. This, in turn is driving the demand for pulp & paper chemicals market in the coming years.
 
– Increasing concern over food safety in the food & beverages sector has propelled the need for high-quality food service board and liquid packaging board. Besides this, the development of e-commerce in China has promoted the increase in the express delivery, further driving the demand for packaging paper, thereby, driving the demand for pulp & paper chemicals market, during the forecast period.
 
 

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