The global paper chemicals market size is expected to expand from USD 38.4 billion in 2023 to USD 46.5 billion by 2033. Over the forecast period 2023 to 2033, global paper chemicals sales are likely to soar at 1.9% CAGR.
The paper chemicals industry refers to the businesses involved in the production and supply of numerous chemicals and additives used in the manufacturing process of paper and paper-based products.
Businesses extensively prefer it for improving paper quality, performance, and properties, from paper production to end use. The paper chemicals market plays a key role in supporting the global pulp and paper industry.
The key types of paper chemicals are:
Demand for paper chemicals is influenced by factors such as paper and pulp industry growth, packaging needs, print media consumption, environmental regulations, and consumer preference for green and sustainable paper products.
Furthermore, biorefineries offer new growth opportunities for paper chemicals manufacturers and rising awareness of the availability of sustainable packaging will provide more diversified growth opportunities for the paper chemicals market.
Key Trends Listed by Future Market Insights (FMI):
| Attributes | Key Insights |
|---|---|
| Estimated Global Paper Chemicals Market Size (2023E) | USD 38.4 billion |
| Projected Market Value (2033F) | USD 46.5 billion |
| Value-based CAGR (2023 to 2033) | 1.9% |
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According to the Future Market Insights (FMI) analysis, paper chemicals sales grew at a CAGR of 2.6% from 2018 to 2022. Over the forecast period, the worldwide market for paper chemicals s is forecast to progress at 1.9% CAGR.
Increasing demand for paper products such as packaging, bags, and cups from the food industry and increasing use of paper in print media such as magazines and newspapers are having a significant impact on the growth of the paper chemicals market.
Thus, continued growth in packaging paper production along with the emergence of online and e-commerce websites worldwide, especially in developing countries, was the key factor driving the growth of the paper chemicals industry during the forecast period 2018 to 2022.
Strong growth in wrapping paper and paper-based packaging also has a positive impact on the growth of the paper chemicals industry. The key driver of the market growth is the increasing demand for specialty papers and chemicals, especially for sterile papers for medical applications, which is driving high growth.
In addition, the increasing importance and prevalence of functional chemicals that impart superior optical properties to improve printability are also driving the growth of the paper chemicals industry.
The decline in the production of graphic papers due to digitization could significantly restrain the growth rate of the paper chemicals industry during the forecast period of 2018 to 2022.
The paper industry faces competition from alternative materials such as plastics, metals, and digital alternatives. In certain applications, these materials offer advantages such as low cost, lightweight, and excellent properties that can limit the growth of paper and paper chemicals.
Advances in digital technology such as e-books, e-documents, and digital advertising have replaced traditional paper-based products such as books, newspapers, and flyers.
The paper industry is facing overcapacity in certain regions, leading to competitive pressure and lower prices, impacting the profitability of paper chemical makers.
Compliance costs and restrictions on certain chemicals and manufacturing processes can hinder market growth.
The papermaking process is energy-intensive, and fluctuations in energy costs can affect the total cost of papermaking chemicals.
Principal Consultant
Growing Environmental Awareness Among Consumers in China Benefiting Sales
As per Future Market Insights (FMI), China's paper chemicals industry is expected to reach a valuation of around USD 10.8 billion by 2033. It is therefore expected to hold a prominent value share of 1.8% in the global market.
Changes in consumer behavior, and increased environmental awareness are likely to affect the overall demand for paper and paper-based products in China. The shift to digitalization is further expected to impact the position of this industry in China.
As environmental concerns remain a global priority, there is increasing pressure on the paper industry to adopt sustainable practices and environmentally friendly paper chemicals. This could undermine their competitive advantage if manufacturers of China do not adhere to stringent environmental standards.
Advances in paper-making technology and the development of innovative paper-making chemicals by competitors in other countries could affect China's dominance in the market.
Economic and geopolitical changes could affect China's export opportunities in international trade and paper chemicals industry.
Wide Range of End-use Applications Related to Paper Chemicals Creating Demand in the United States
According to the FMI analysis, the United States paper chemicals industry is poised to exhibit a CAGR of 1.9% during the assessment period. By 2033, the United States market size is expected to reach USD 8.1 billion.
The USA packaging industry has experienced steady growth driven by the rise of e-commerce, rising consumer spending, and demand for sustainable and innovative packaging solutions. Paper chemicals are essential to improve packaging material properties such as strength, printability, and barrier properties.
The digitization of media has impacted the print and publishing sector, but there are signs of recovery, particularly in areas such as books, catalogs, and direct mail. Paper chemistry plays an important role in improving the print quality and ink acceptance of papers used in these applications.
Continuous research and development efforts in the paper chemical industry have introduced innovative products with enhanced features and improved performance. This has increased demand as companies strive to improve their products and manufacturing processes.
The growth of e-commerce and increased transportation activity have increased the demand for corrugated packaging materials, increasing the need for paper chemicals to improve their strength and durability.
Paper chemicals contributed to overall demand as they found applications beyond traditional printing and packaging in the manufacture of specialty papers, building materials, and industrial paper products.
Increasing Usage of Paper Chemicals Due to Stringent Government Guidelines Boosting Sales
Paper chemical demand in the United Kingdom is anticipated to rise at a steady CAGR of 1.7% during the forecast period from 2023 to 2033. By the end of 2033, the United Kingdom is projected to reach a worth of USD 1.8 billion.
In the United Kingdom, the demand for sanitary paper products such as tissues, toilet paper, and paper towels is growing steadily. Papermaking chemicals are used to improve the softness, strength, and absorbency of tissue paper, which contributes to the increasing demand for these products.
Growing environmental awareness among the United Kingdom consumers and businesses is creating demand for environmentally friendly and sustainable paper products. There is a growing demand for papermaking chemicals that facilitate recycling, reduce environmental impact and provide environmental certification.
Compliance with the United Kingdom environmental and safety regulations introduced paper chemicals that meet stringent standards. Companies preferred chemicals that meet environmental and health guidelines.
Consumer preference for products made from recycled materials or environmentally friendly sources has impacted demand for paper chemicals that support sustainable paper production.
Demand in the Market to Remain High for Pulp Chemicals
Based on type, demand is expected to remain high for pulp chemicals during the assessment period. As per Future Market Insights (FMI), the pulp chemicals segment expanded at a CAGR of 2.5% from 2018 to 2022. The segment is further projected to surge at a CAGR of 1.7% through 2033.
Pulp chemicals play an important role in the paper chemicals market as they are essential to the pulping process, the earliest stage of paper production. The key purpose of pulp chemicals is to decompose raw materials such as wood into pulp, which is the basis of paper manufacturing.
Businesses prefer pulp chemicals since they improve the quality, strength, and properties of the final paper product. Proper combination and dosage of pulp chemicals are very important to achieve desired properties such as brightness, opacity, strength, and printability.
Demand for pulp chemicals is directly related to the overall demand for paper and paper-based products.
The choice of pulp chemistry depends on the type of pulp used, the type of paper produced, and environmental considerations. The paper industry continues to focus on using sustainable and environmentally friendly pulp chemicals to reduce the environmental impact of paper production.
Thus, the paper chemical market continues to research and develop new alternatives that are more environmentally friendly.
Speciality Chemicals Segment Fuelling the Demand for Paper Chemicals
The specialty chemicals segment is expected to register a CAGR of 1.5% from 2023 to 2033. The target segment grew at a CAGR of 2.4% during 2018 to 2022.
Specialty chemicals play an important role in the paper chemicals market, as they are designed to add specific functions and properties to paper and paper-based products beyond the traditional functions of commodity chemicals.
These specialty chemicals are tailored to the specific needs of numerous applications and end-use industries. End-users apply specialty chemicals to improve the performance and properties of paper for specific purposes.
The use of specialty chemicals in the paper industry enables the production of high-quality, bespoke paper products for a variety of end uses. As consumer demands and environmental regulations evolve, research and development efforts continue to focus on developing innovative and sustainable specialty chemicals for the paper chemicals industry.
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Leading paper chemicals manufacturers are constantly launching a new range of products to meet consumer demand. They are also using strategies such as mergers & acquisitions, partnerships, distribution agreements, collaborations, advertisements, and celebrity endorsements to gain a competitive edge in the market.
For instance,
| Attribute | Details |
|---|---|
| Market Size (2023) | USD 38.4 billion |
| Market Forecast Size (2033) | USD 46.5 billion |
| Anticipated Growth Rate (2023 to 2033) | 1.9% CAGR |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | Volume (MT) and Value (USD billion) |
| Key Regions Covered | Latin America; North America; Europe; South Asia; East Asia; Oceania; and Middle East & Africa |
| Key Market Segments Covered | Type and Form |
| Key Companies Profiled | Akzo Nobel NV; Archroma; Ashland Global Holdings Inc.; BASF SE; Behn Meyer Chemicals (Qingdao) Co. Ltd. |
Currently, it is valued at USDF 38.4 billion in 2023.
The market is expected to reach a 1.9% CAGR by 2033.
A CAGR for pulp chemicals is forecast to be 1.7% by 2033.
A market share of 1.8% is expected to be achieved by 2033.
The projected value is to reach USD 46.5 billion by 2033.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. Pulp Chemicals 5.2. Process Chemicals 5.3. Functional Chemicals 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Form 6.1. Specialty Chemicals 6.2. Commodity Chemicals 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Akzo Nobel NV 17.2. Archroma 17.3. Ashland Global Holdings Inc. 17.4. BASF SE 17.5. Behn Meyer Chemicals (Qingdao) Co. Ltd. 17.6. Buckman Laboratories International Inc 17.7. Chemtrade Logistics Income Fund 17.8. ERCO Worldwide 17.9. Evonik Industries AG 17.10. FMC Corporation 18. Assumptions & Acronyms Used 19. Research Methodology
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