[FURL=https://www.industryarc.com/Report/15782/chemical-pulp-market.html]Chemical Pulp Market[/FURL] size is forecast to reach $10.7 billion by 2025, after growing at a CAGR of 5.9% during 2020-2025. With rise in the consumption of paper in educational & corporate sector the chemical pulp market is expected to grow in the forecast period. Implementation of stringent government regulations related to digitalization will lower down the market growth for Chemical Pulp in the near future.Key Takeaways
Asia-Pacific dominates the Chemical Pulp market owing to increasing demand from applications such as kraft paper, printing paper and others.
The growing usage of paper work in offices and educational institutes, is likely to aid in the market growth of Chemical Pulp.
Implementation of stringent government regulations related to digitalization will lower down the market growth for Chemical Pulp in the near future.
COVID 19 pandemic will create hurdles for the Chemical Pulp market.
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Chemical Pulp Market Segment Analysis - By Geography
APAC dominated the Chemical Pulp market with a share of more than xx%, followed by North America and Europe. China and India are the major players of Chemical pulp market in this region. Chemical pulping removes lignin from lignocellulose. The resulting cellulose fibers may be used for paper production, or ‘chemical cellulose’ for manufacturing cellulose derivatives such as carboxymethyl cellulose. Pulping conditions tend to be so harsh that hemicellulose is hydrolyzed and removed from the fiber. Softwoods are generally preferred for paper manufacturing because of their long fibers, but hardwoods and agricultural residues (e.g., bagasse) may also be pulped. Pulping necessarily requires that the lignin be cleaved into smaller fragments which may be washed away from the fiber.
Chemical Pulp Market Drivers
Alternative for plastics
Rising applications of packaging paper in personal care, pharmaceuticals, food and beverage
Major players in the Chemical Pulp Market are Clariant International AG, The Dow Chemical Company, Buckman Laboratories International Inc, Cytec Industries Inc, BASF SE among others.
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