Paper Processing Resins Market Outlook 2023-2035
Research Nester published a report titled “Paper Processing Resins Market: Global Demand Analysis & Opportunity Outlook 2035” which delivers detailed overview of the global paper processing resins market in terms of market segmentation by type, by material, by end-use and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global paper processing resins market is expected to grow at a CAGR of ~5% to attain considerable revenue over the forecast period, i.e., 2023 – 2035. The market is segmented by end-use into writing paper, printing paper, kraft paper, decorative paper, duplex boards, paper napkins/towels, paper wipes, and special paper. The increasing demand for packaging paper with the current online shopping boom is expected to drive the market share of the kraft paper sub-segment over the forecast period.
Paper processing resins are added to enhance the quality of paper. With the rising global requirement for paper across industries such as education, research, construction, and others, there is a drastic increase in its production. The flourishing paper & pulp industry is gearing up to meet this demand, which is predicted to propel the global paper processing resins market.
Geographically, the global paper processing resins market is categorized into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa regions. Of these markets, Asia Pacific is projected to hold the largest market share by the end of 2031 owing to the growing demand and manufacture of paper in the region.
Booming Education Industry to Act as a Major Driver for the Growth of Global Paper Processing Resins Market
There is a greater awareness of the importance of education to step up to the global demand for enlightened citizens across the world. With paper predicted to be the cornerstone for learning even with the rapid digitization, there is a positive projection for the growth of the global paper processing resins market in the coming years.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
However, the rise in digitization across various industries and a lack of skilled labor are expected to operate as key restraints to the growth of the global paper processing resins market over the forecast period.
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This report also provides the existing competitive scenario of some of the key players of the global paper processing resins market which includes company profiling of Chang Chun Group, Vertex Chem Private Limited, DIC Corporation, Wacker Chemie AG, Nissin Chemical Industry Co., Ltd., Mitsui Chemicals, Inc., Arakawa Chemical Industries. Ltd., Papertex Speciality Chemicals Pvt. Ltd., SHOWA HIGH POLYMER SINGAPORE PTE LTD, Melamin dd Kocevje, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global paper processing resins market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
