The expanding alliances and partnerships among major players in the international industry are what are driving the dissolving pulp market. As an illustration, in April 2018, the Swedish design and consultancy firm AF Poyry and Sappi Limited partnered. The cooperation aimed to increase the Saiccor Mill of Sappi Limited's capacity to produce in South Africa. The Saiccor Mill produces dissolved wood pulp for viscose staple fibers, which are utilized in the textile industry. As a result, expanding partnerships and collaboration amongst key players in the worldwide dissolving pulp market are anticipated to fuel market expansion over the forecast period. During the projected period, the raw material sector for wood pulp is anticipated to have a sizable market share. Offering renewable pulp products based on wood as a raw material are many major market players. For instance, businesses like UPMPULP offer products made from renewable wood pulp, including speciality sheets, tissues, and other items. Therefore, during the course of the forecast period, growth in the wood pulp industry is anticipated to be fueled by increasing wood production for pulp products.
According to Coherent Market Insights, The market for Dissolving Pulp is expected to reach a value of USD 6.7211 billion by 2028, growing at a CAGR of 3.2% over the forecast period from USD 5.5637 billion in 2022.
Major Players in the Dissolving Pulp Industry:
Sappi Limited
The firm was started in 1936 and is based in Rosebank, Johannesburg, South Africa. For the Southern African market as well as foreign markets, it manufactures and distributes commodity paper goods, pulp, dissolving pulp, and forest and forestry products. Sappi Europe announced significant paper machine upgrading and modernization at its Gratkorn facility in December 2022.
Rayonier Inc
The company was started in 1926 and is based in Yulee, Florida, United States. In addition to owning, leasing, and managing timberland and offering related management services, Rayonier also produces logs, wood products, and medium density fiberboard. Rayonier purchased Pope Resources in the Pacific Northwest in May 2020.
