Global market for pulp, paper chemicals projected to reach 65 million tons by 2017, driven by increasing demand from developing markets, particularly Asia, and increasing use of specialty chemicals, market researcher says
SAN JOSE, California
March 6, 2012
– GIA announces the release of a comprehensive global report on the Pulp and Paper Chemicals markets. The market for Pulp and Paper Chemicals is projected to reach 65 million tons by 2017, driven by increasing demand from developing markets, particularly Asia, and the increasing use of specialty chemicals.
Growth in the pulp and paper chemicals market is closely tied to pulp & paper manufacturing sector. With a broad spectrum of applications ranging from newspapers to packaging, printing and writing to newsprint, the pulp and paper industry is one of the largest worldwide. Though use of paper continues to face a decline in publishing due to the advent of Internet, the effect of this phenomenon is offset by the expanding use of paper in packaging and construction sectors.
Post recession, recovery in the overall pulp and paper chemicals market remains slow. Future growth in developed markets of Europe, North America and Japan is expected to remain modest, with these regions facing a hard time to catch up to the pre recession production levels. On the other hand, China, South East Asia, East Europe and Latin America are projected to gain strength, with China in particular expected to emerge as the growth engine for the global paper industry. The recovery in paper and pulp chemicals market is led by specialty chemicals segment which is expected to play a pivotal role in enhancing paper quality and performance characteristics. Further, the growing penetration of closed-loop water-circulation system is also facilitating the demand for specialty chemicals such as defoamers, retention chemicals, biocides and antiscalants.
As stated by the new market research report on Pulp and Paper Chemicals, Asia-Pacific continues to remain the largest regional market followed by the US. Asia-Pacific and Latin America comprise the most promising markets in terms of sales value as well as volume. Urged by high growth rates in China, India and the ASEAN countries, Asia-Pacific has emerged as a region with high potential in the pulp and paper chemicals market. Growth in population, improving literacy rates and a rise in standard of living are expected to drive economic growth in these regions. Demand in the mature markets of North America and Western Europe is expected to remain weak owing to the uncertain economic climate.
Major players in the marketplace include Akzo Nobel NV, Eka Chemicals, Ashland, Inc., BASF, Buckman Laboratories, Clariant, Cytec Industries, Enzymatic Deinking Technologies, ERCO Worldwide, FMC Corporation, Georgia-Pacific Chemicals LLC, Imerys, Kemira Chemicals, Nalco Holding Company, Omya, Solvay AG, and Solvay Chemicals, Inc.
The research report titled "Pulp and Paper Chemicals: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of trends, issues, strategic industry activities, and profiles of major companies worldwide. The report provides market estimates and projections across eight major groups including Pulping & Deinking Chemicals, Bleaching Chemicals, Starches, Internal Sizing Agents, Surface Sizing Agents, Paper Coating Chemicals, Retention & Drainage Aids and Miscellaneous Chemicals. Geographic markets analyzed include the United States, Canada, Japan, Europe, Asia-Pacific and Latin America.