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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Chemical Pulp Market: By Product, By Application, and Region Forecast 2020-2031
Chemical Pulp Market: By Product, By Application, and Region Forecast 2020-2031
Chemical Pulp Market was valued at US$ 7.4 Billion in 2023 and is projected to reach US$ 11.3 Billion by 2030, growing at a 4.2% CAGR from 2024 to 2030. Chemical pulp is the wood pulping process that involves the extraction of cellulose from wood by dissolving the lignin that binds the cellulose fibers together. The rise in the consumption of paper products in educational and corporate as well as packaging and other end use are the major factors for market growth. Chemical pulp products are the best alternative for plastic-based products, the biobased product is derived from wood pulp-based lignin and can be mixed with falx for wood to create a strong nontoxic alternative to petroleum products the major factors that drive the market growth. the rise in demand for pulping chemicals is increasing due to a surge in paper board packaging applications and broad research and development of pulping chemicals and continuous quality improvement it is expected to create profitable opportunities in the market. Governments globally moving towards more digitalization consequences reduce paper production which directly impacts on chemical pulp market packaging and tissue materials are still in high demand as compared to printing paper and graphic paper which hinders market growth.
Study Period
2025-2031Base Year
2024CAGR
4.2%Largest Market
Asia-PacificFastest Growing Market
Asia-Pacific
The increasing consumption of paper in different sectors such as education and corporate across the world is the major market driver in the chemical pulp market during the forecast period. The rising packaging paper in personal care, pharmaceutical, food and beverages such as manufacturing of tetra pack, beverages cups, packaging bags drives the market growth. Molded cups also known as molded fiber is a special packaging material, filler paper experiencing high demand in the market which is eventually driving the brown pulp market, the biodegradable, renewable and composable quality of the chemical pulp drives the market.
Geographically, Asia Pacific held the major market share in 2022 and is expected to dominate the global chemical pulp market in the forecasted years. Asia Pacific accounted major market share in 2023, followed by North America and Europe in the global market due to extensive paper production and utilization in the region, industrial growth in the region is significantly influenced by variables such as environment performance, regulatory compliance is the catalyst for the market growth. China and India have most of the market players in the world and is predicted to continue dominance over the forecast years. North America holds a significant revenue share, in the following years, it is predicted to grow rapidly due to increasing number of paper production and online purchasing require high quality packaging. Hence, it is expected to grow significantly in the global market.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2025-2031 |
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Market CAGR |
4.2% |
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By Product Type |
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By Application |
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By Region |
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The chemical pulp market size was valued at US$ 7.4 Billion in 2023 and is projected to reach US$ 11.3 Billion by 2030.
The chemical pulp market is poised to grow at a significant CAGR of 4.2% from 2024 to 2030.
The leading players in the Chemical Pulp Market are Nouryon, BASF SE, The Dow Chemical Company, Kemira, Clariant, Imerys, Arkema, Archer Daniels Midland Company, PeroxyChem, and Solvay Chemicals Inc.
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.