A work-in-progress market research report from Persistence Market Research or PMR (New York, N.Y., USA) to be published in Feb. 2019 has released a summary of some findings ascertained from their in-depth collection of this industrial segments most recent set of data now being compiled into the report now being completed and scheduled for print for customers. A sample of this study can be requested directly from PMR.

Research of the industry as of the closing months of 2018 noted this period's social and likewise commercial urgency due to increasing degradability issues of plastic and polythene bags. Governments across the world have put regulations on their use as a packaging product in the commercial and industrial sector. This is presently still increasing inclination of end use industries towards adoption of paper made products for packaging and other applications as well.

 

Paper products find their major uses in the publishing industry, for writing, cardboards, brown paper, etc. P&P processing utilizes various stages and at different stages, various chemicals are used. These chemicals enhance the physical and chemical properties of the end product along with making the process easy and more economic.

 

Due to increasing requirement of paper from various end use industries, the demand for pulp and paper processing chemicals is expected to increase at a high CAGR over the forecast period 2016–2026.

A key growth driver for P&P processing chemicals market is the growing demand among consumers for brighter, glossier, and high quality paper. Furthermore, the growing use of recycled paper in the P&P market is increasing the demand for water treatment chemicals, which are important for the recycling process. 

Processing chemicals enhance the opacity, water resistance, strength and other aesthetic and performance properties of the paper. Specialty chemicals and additives used in the processing of P&P are generally cost intensive chemicals and they account for significant value shares in the overall P&P processing chemicals market. Owing to growing usage of these chemicals, the market for P&P processing chemicals is expected to increase at a healthy CAGR in the coming future.

The industrial and commercial sectors of N.A. countries and Western Europe is very strong, and key suppliers for various chemicals used across different industries, including the P&P industry, are based in these regions. This makes N.A. and Western Europe a key supply region for P&P processing chemicals. High industrialization growth in Asia, especially in China and India, is estimated to fuel the demand for paper products in the region, in turn, giving boost to the growth of the pulp and paper processing chemicals market. Driven by the regulations on the plastic products, and growing application base for paper, P&P processing chemicals market is anticipated to witness a significant growth in both the developed and developing countries over the coming years.

Some of the market participants identified across the value chain of P&P processing chemicals market include: BASF, Ivaxchem, Richards Chemicals, Electricals Pvt., Hydrite Chemical, Univar, and AkzoNobel.