MARKET OVERVIEW
Paper chemicals are used to give plain paper unique colours and textures, and this is a major driver of market demand. Across numerous places, creative paper creation has become an element of indigenous craft. Colored paper is also used by painters, sketchers, and other artists. The expansion of various creative sectors can be ascribed to the current surge in demand for paper chemicals.
MARKET SCOPE
The "Global Paper Chemicals Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the paper chemicals market with detailed market segmentation by type and application. The report provides key statistics on the market status of the leading paper chemicals market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global paper chemicals market is segmented into bleaching chemicals, functional chemicals, others.
- On the basis of application the market is segmented into packaging, printing, labelling, others.
MARKET DYNAMICS
Drivers:
- Growing demand for bleaching chemicals such as chlorine oxide, sodium bisulfite, hydrogen peroxide, and sodium chlorate is propelling the paper chemical market forward.
- The demand for paper-based packaging is increasing as people become more aware of the availability of sustainable packaging. Over the foreseeable period, this is driving up demand for paper chemicals.
Restraints:
- The growth of the paper chemicals industry is hampered by deforestation for raw material acquisition and the production of dioxins during paper manufacturing.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The paper chemicals market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the paper chemicals market in these regions.
IMPACT OF COVID-19 ON PAPER CHEMICALS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the paper chemicals market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from paper chemicals market are anticipated to lucrative growth opportunities in the future with the rising demand for paper chemicals in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the paper chemicals market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Kemira Oyj
- BASF
- Solenis
- Akzonobel N.V.
- Ecolab
- Ashland Inc.
- Harima Chemicals Group
- Buckman Laboratories International Inc.
- Archroma
- Chemisphere Paper Technologies
- Nalco Holdings
- Dow Chemical Company
- Nouryon BV
- Ivaxchem
- Richards Chemicals & Electricals Pvt. Ltd
- Arakawa Chemical Industries, Ltd
- Hydrite Chemical Co.
- Univar Inc.
- Axchem International Limited
- Thermax Limited.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.