Paper processing resins are a group of resins used during the production process of paper to modify the properties of paper. These are the additives added during the paper production process to improve the properties of paper, such as hardness, strength, and barrier properties. Further, the resins are solvent resistant and have excellent bonding properties with pulp. These are used as binders, dry strength resins, or wet strength resins. Various materials such as polyamides, polyesters, butadiene resins, polyacrylamide etc. are used as paper processing resins. These are utilized in various types of papers such as printing paper, writing paper, Kraft paper, special paper, decorative paper, amongst others.
MARKET DYNAMICS
The growth of the paper & pulp industry is the principal factor responsible for the development of the paper processing resin market. Increasing demand for innovative packaging solutions from several industries, owing to the rising demand for paper and duplex board for effective packaging, is bolstering the demand for paper processing resins. Further, a strong preference for the looks and aesthetics of buildings and houses has raised the number of interior decoration and designing activities, resulting in an upsurge in demand for decorative papers such as wallpaper. Thus, burgeoning demand for decorative paper is likely to drive the paper processing resins market. However, the easy availability of digital newspapers, magazines, and books has dwindled paper consumption and demand, which is predicted to hinder the growth of the paper processing resins market.
MARKET SCOPE
The "Global Paper Processing Resins Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the paper processing resins market with detailed market segmentation by type, application. The global paper processing resins market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading paper processing resins market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global paper processing resins market is segmented into type, application. By type, the paper processing resins market is classified into Acrylic, Melamine Formaldehyde, Butadiene Resin Latex, Polyamide, Others. By application, the paper processing resins market is classified into Kraft Paper Decorative Paper, Duplex Boards, Others.
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 paper processing resins market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The paper processing resins 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 paper processing resins market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 processing resins market in these regions.
MARKET PLAYERS
The report covers vital developments in the paper processing resins 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 market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the paper processing resins market are anticipated to witness lucrative growth opportunities in the future with the rising demand for paper processing resins in the global market. Below mentioned is the list of few companies engaged in the paper processing resins market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the paper processing resins market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Mitsubishi
- Vertex Chem Private Limited.
- DIC CORPORATION
- Wacker Chemie AG
- Royal DSM
- DowDupont Inc.
- BASF SE
- Arkema
- Nissin Chemical co.,ltd
- Sumitomo Corporation
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