Chemical Pulp Market Predicted to Garner US$ 19.5 Billion by 2033, At CAGR 7.4% | Fact.MR

According to the most recent data from market research and competitive intelligence provider Fact.MR, the global chemical pulp market is projected to grow at a compound annual growth rate (CAGR) of 7.4% between 2023 and 2033, reaching US$ 19.5 billion by the end of 2033.

Large tanks called digesters are used to combine chemicals and wood chips to create chemical pulp. Lignin, which helps hold cellulose fibers together without seriously harming cellulose strands, is broken down by chemicals and heat. Chemical pulp is typically used to reinforce materials to provide a product with several attributes, or it can be combined with mechanical pulp to create a blend. The most widely used chemical pulping technology is the kraft procedure, which is followed by the sulfite procedure. Furthermore, soda pulping was regarded as the first chemical pulping process to be successful in history.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 - https://www.factmr.com/connectus/sample?flag=S&rep_id=8313

The term "chemical pulping" describes a variety of techniques for dissolving the lignin that holds cellulose fibers together. Using wood or other fibrous feedstocks, these techniques are utilized to produce product mass with released fibers. A biological wastewater treatment system has been used to treat various operating effluents. This procedure guarantees that beneficiaries will experience little to no risk. The pulp contains the vast majority of the organic components. Moreover, harmless byproducts like sodium sulfate and water are produced throughout the process by the chemicals used, such as sodium dithionite and hydrogen peroxide. The use of mechanical pulp does not pose a serious threat to the environment.

Chemical pulp mills, particularly kraft mills, are energy self-sufficient and have a very close inorganic chemical cycle. Chlorine applied to bleach produces several organochlorine compounds, such as PCDD/Fs (polychlorinated dibenzo-p-dioxins and polychlorinated dibenzofurans). To reduce the amounts of organochlorine emission, a number of mills have converted to a variety of non-chlorinated bleaching agents.

According to projections, Asia Pacific will control a large portion of the world market. The rising demand for chemical pulp from various end-use industries, including kraft paper and printing paper, is responsible for the growth of this regional market. Additionally, an increasing amount of paperwork is being used in businesses and educational institutions, which is fueling market expansion.

However, it is anticipated that market participants would have fewer chances as a result of the implementation of strict government laws connected to digitization.

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐟𝐫𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲

From 2023 to 2033, the chemical pulp market is expected to grow at a compound annual growth rate (CAGR) of 7.4%.
In 2023, the market is projected to be worth US$ 9.5 billion.
By the end of 2033, sales of chemical pulp are projected to reach a value of US$ 19.5 billion.
The German market for chemical pulp is expected to grow at a 5.5% compound annual growth rate (CAGR) between 2023 and 2033.
By 2033, the market in Canada is expected to grow at a compound annual growth rate of 6.2%.

"The growing use of paper in the business and educational sectors is expected to propel the chemical pulp market's growth.," says a Fact.MR analyst.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐂𝐡𝐞𝐦𝐢𝐜𝐚𝐥 𝐏𝐮𝐥𝐩 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

By Type :
Brown Pulp
White Pulp

By Application :
Writing Paper
Printing Paper
Industrial & Technical Paper
Offset Paper
Packaging Paper
Paper Boards
Kraft Paper
Others

By Region :
North America
Europe
Asia Pacific
Latin America
Middle East & Africa

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 - https://www.factmr.com/connectus/sample?flag=RC&rep_id=8313

𝐖𝐢𝐧𝐧𝐢𝐧𝐠 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲

Prominent entities in the worldwide chemical pulp industry are employing many tactics, including mergers and acquisitions, in order to create profitable prospects in the upcoming years.

For example, in September 2019, Saudi Arabian Oil Company (Saudi Aramco) acquired 50% of Shell Saudi Arabia (Refining) Limited in the SASREF joint venture. In the Kingdom of Saudi Arabia's Jubail Industrial City, this action has been taken.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝

AkzoNobel NV
BASF SE
Solvay SA
Buckman Laboratories International Inc.
Dow Chemical Co
Kemira Oyj
ERCO Worldwide
Nalco Holding Co

𝐌𝐨𝐫𝐞 𝐕𝐚𝐥𝐮𝐚𝐛𝐥𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐨𝐧 𝐎𝐟𝐟𝐞𝐫

Fact.MR, in its new offering, presents an unbiased analysis of the global chemical pulp market for the period of 2023 to 2033.

The study divulges essential insights into the market on the basis of type (brown pulp, white pulp) and application (writing paper, printing paper, industrial & technical paper, offset paper, packaging paper, paper boards, kraft paper, others), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).

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This release was published on openPR.