The pulp is a fibrous material prepared by separating cellulose fibers from wood, fiber crops, and waste paper. The pulp and paper industry comprises of many chemicals. The fillers are attached to fibers by using binders and the resistance of the paper used for writing is maintained by Sizing. In order to remove the pigments in the pulp, bleaching agents are being used. The market share is expected to reach USD 43 billion with a CAGR of 3.9% by 2024.
Among the various types of application in the pulp and paper chemical market, printing and writing paper industry occupy the largest share in the market and fillers and binders are the major segments in terms of revenue.
Asia Pacific is predominant in the pulp and paper chemical market due to the number of paper production industries and also the rapid economic growth in developing nations. Europe and North America are
The factors that drive the growth of the pulp and paper chemical marker are the rising demand for labels, packaging materials and also the increasing electronic commerce industry and due to home delivery mechanisms, packaging industry will have the growing demand in the market in the coming years.
Pulp and Paper Chemical Market is segmented by type and application, in which type is subdivided in to pulping, binders, fillers, sizing and bleaching agents and application is further categorised into packaging, labelling, building and construction, writing and printing.
Due to the increase in the technology innovation and also the growing demand for the labels and packaging materials the pulp and paper market is expected to have the more magnificent outlook during the forecast period.
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