The global papermaking chemicals market will exceed 42 billion US dollars in 2025
Relevant data show that the global papermaking chemicals market will exceed 42 billion US dollars in 2025.
Papermaking chemicals as follow:
- process chemicals,
- functional chemicals,
- pulping chemicals
on the other hand by type, they can be divided into
- special chemicals,
- commodity chemicals, etc.
Papermaking chemicals are specifically used to change paper properties, including color, strength, recycling performance, basis weight, quality, and related attributes.
In order to obtain specific functions, the paper undergoes various processes such as bleaching, beating, strengthening and sizing. In order to further improve paper quality and improve multiple functions, people in the industry continue to improve the performance of paper, and it is expected that the scale of the chemical industry will be further promoted in the next few years.
Why does paper chemicals has been increasing?
- As the pursuit of paper finish and texture continues to increase, the industry's demand for high-performance chemicals has increased significantly.
- In addition, the demand for packaging materials is increasing, the scale of online shopping is increasing, and people's dependence on paper is gradually increasing.
- The consumption of paper products such as packaging bags, paper bags, paper cups, etc. is increasing, which also increases the demand for paper. At the same time, it also forced industry companies to develop more advanced paper-making chemicals, and promoted the development of the entire industry.
- At the same time as the scale of the industry expands, the competition between established superior companies and emerging companies in the global paper chemicals market is becoming increasingly fierce. Therefore, in order to seek advantages and avoid disadvantages, industry companies usually use cooperation, mergers or acquisitions to expand their business scale and obtain Competitive advantages.
During the 2019-2025 period, the compound annual growth rate of special chemicals is expected to exceed 2%. The growth of this segment is mainly due to people's increasing emphasis on improving the aesthetics, strength and durability of paper, which is also closely related to the improvement of residents' living standards.
It is expected that by 2025, the European paper chemicals market will likely achieve significant growth. The consumer goods and food and beverage industries continue to introduce lightweight and high-performance paper grades, which has stimulated the scale of the chemical industry under certain conditions.
In addition, governments and regulatory agencies are promoting the use of recyclable paper and restricting the use of plastics, and also stimulating supplementary demand for paper. Recently, the European government has continuously promoted the development of environmentally friendly chemicals and will further encourage the development of the chemical industry.
Globally, with the continuous emergence of established and emerging superior companies, the paper chemicals market has been consolidated. In addition, mature chemical companies are beginning to shift their focus to the establishment of paper-related production facilities, and to develop upstream and downstream areas.
Papermaking chemicals companies
The leading companies in the global paper chemicals market include Kemira, BASF, Akzonobel NV, Ecolab, Solenis, Ashland Inc., Harima Chemicals, Buckman, Archroma and IVAX Paper Chemicals.
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