Chemical Pulp Is Estimated To Surpass A US$ 19.5 Billion Valuation By The End Of 2033: Fact.MR Report
The Chemical Pulp Market Is Estimated To Grow At A Significant Speed Owing To Rising Consumption Of Paper In The Corporate And Educational Sectors
Rockville, Jan. 30, 2023 (GLOBE NEWSWIRE) -- As per the latest data provided by Fact.MR, a market research and competitive intelligence provider, the global chemical pulp market is estimated to reach US$ 19.5 billion by 2033-end, expanding at a CAGR of 7.4% between 2023 and 2033.
The global market is anticipated to grow over the forecast period owing to the growing popularity of tissue products and paperboard packaging. Chemical pulp is commonly used in the manufacturing of paper boards. Chemical pulp is applied at a significant rate in the production of nano cellulose. Further, specialty pulps are also used in the textile industry and help in the manufacturing of hygiene products.
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| Details |
Historical Data | 2023 - 2032 |
Value Projection (2032) | US$ 19.5 Billion |
Growth Rate (2022-2032) | 7.4 % CAGR |
No. of Pages | 170 pages |
No. of Tables | 25 Tables |
No. of Figures | 132 Figures |
Key Takeaways from Market Study
The global chemical pulp market is predicted to expand at a CAGR of 7.4% from 2023 to 2033.
The market is valued at US$ 9.5 billion in the year 2023.
Sales of chemical pulp are estimated to reach a value of US$ 19.5 billion by the end of 2033.
Demand for chemical pulp in Germany is forecasted to increase at a CAGR of 5.5% during the forecast period from 2023 to 2033.
The market Canada is projected to progress at a CAGR of 6.2% through 2033.
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Competitive Landscape
Key players in the global chemical pulp market are incorporating various strategies such as mergers & acquisitions to generate lucrative opportunities over the coming years.
For instance,
In September 2019, a 50% share of Shell Saudi Arabia (Refining) Limited was acquired by Saudi Arabian Oil Company (Saudi Aramco) in the SASREF joint venture. This step has been taken in Jubail Industrial City, which is in the Kingdom of Saudi Arabia.
Key Companies Profiled
AkzoNobel NV
BASF SE
Solvay SA
Buckman Laboratories International Inc.
Dow Chemical Co
Kemira Oyj
ERCO Worldwide
Nalco Holding Co
Winning Strategy
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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
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
Check out more related studies published by Fact.MR Research:
Specialty Pulp & Paper Chemicals Market: Specialty Pulp & Paper Chemicals Market is set to reach US$ 33.4 billion by 2032. United States is projected to expand at a CAGR of 3.5% during 2022-2032
Fluff Pulp Market: The global fluff pulp market is estimated at US$ 8.8 billion in 2022, with global fluff pulp sales forecasted to cross US$ 16.7 billion by 2032, increasing at a CAGR of 6.4% during 2022-2032.
Softwood Pulp Market: Softwood Pulp Market is expected to increase at 7.2% CAGR during 2022-2032. By source, bale is projected to account for around 68% of the market share.
Aircraft Cleaning Chemical Market: Global aircraft cleaning chemicals market to grow at a CAGR of 4.3% during 2019 – 2029 and the market is expected to surpass US$ 2.1 Billion by 2029 end.
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