Specialty pulp and paper chemicals are used in the paper and pulp industry in the manufacturing of paper. These chemicals help in enhancing the strength, color, and brightness of the paper. Moreover, the use of specialty chemicals also helps in reducing the waste generated during paper production. Specialty pulp and paper chemicals can also be used in printing, packing, and labeling.
The South America specialty pulp & paper chemicals market is expected to surpass US$ 28741.66 Mn in terms of value by the end of 2028.
Increasing use of specialty pulp & paper chemicals for improving the process efficiency is driving the market growth. For instance, defoamers, retention aids, flocculant polymers, and others are some of the chemicals that help in reducing biological oxygen demand (BOD) and filtering the wastewater before disposal. Moreover, the use of chemicals also helps in the recovery and reuse of these fibers while reducing the contaminants in the water. Thus, the growing demand for specialty pulp & paper chemicals for improving the process efficiency is fueling the market growth.
The growing demand for paper from packaging, household, and sanitary applications is expected to bring new market opportunities over the forecast period. The expansion of the packaging industry due to growing consumerism is another major factor fueling the demand for paper. Increasing population and improving standard of living of consumers is further driving demand for packaged products thus augmenting the market growth of the packaging industry. Thus growing demand from the packaging industry is propelling the market growth of the South America specialty pulp and paper chemicals.
South America Specialty Pulp & Paper Chemicals Market: Recent Developments
Environmental impact associated with the production of pulp & paper is expected to hamper the market growth. As per Environmental Protection Agency (EPA), the paper industry is the largest user of industrial process water and the third-largest consumer of energy and is ranked as one of the most resource-intensive and highly polluting of all manufacturing industries.
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South America Specialty Pulp & Paper Chemicals Market - Impact of Coronavirus (Covid-19) Pandemic
The Covid-19 outbreak has had an adverse impact on various industries around the globe. Due to the strict rules and regulations undertaken by government to curb the spread of the infection, companies are looking to function remotely. Moreover, various companies are looking to implement strict measures to operate at minimum risks. Additionally, various companies had shutdowns their manufacturing units which had an adverse impact on South America specialty pulp & paper chemicals market.
Increasing demand for packaged food is a growing trend in the market. Specialty paper is used for food packaging products such as paper tubes, corrugated clamshell, carryout boxes, plates, and cups. Growing population around the globe coupled with the increasing number of the working population is again driving demand for packaged food. Moreover, the growing consumption of processed food due to the busy lifestyle of the consumer is further anticipated to foster the demand for packaged food, this, in turn, propelling the market growth of the South America Specialty pulp and paper chemicals.
Production capacity expansion of the pulp and paper chemicals is one of the growing trends in the industry. For instance, in December 2019, Kemira has invested USD 20 million at its Eastover, South Carolina site to increase sodium chlorate capacity. Sodium chlorate is the main component used in the production of chlorine dioxide (ClO2), which is produced on-site at pulp mills and is the primary bleaching agent for Kraft pulp in the pulp and paper industry.
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