Growth Predicted For Specialty Paper Market : Overview & Opportunity Till 2024
by Rahul Rastogi Market Research AnalystAccording to the latest report by IMARC Group, titled “Specialty Paper Market Report: Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2019-2024”, the global specialty paper
market volume reached of 31.9 Million Metric Tons in 2018. Specialty paper
refers to superior quality paper which is produced or designed for a specific
application. It is manufactured using Nano-based materials, composites, fibers
and different types of pulp, such as recycled paper, cotton fiber, wood pulp
and wood chips. Specialty paper possesses various special performance features
including exceptional physical, optical, electrical and chemical properties. At
present, it finds applications in several everyday products like coffee
filters, cigarette paper, insulation paper, food contact paper, paper currency
and carbonless copy paper, among others.
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Report: https://www.imarcgroup.com/specialty-paper-market/requestsample
Market Trends:
The e-commerce sector, in both the developing and
developed regions, extensively employs specialty paper for labeling and
packaging applications. Moreover, significant growth in the consumer goods
industry has been acting in favor of the growth of the specialty paper market
on account of expanding delivery facilities. In the developed regions, the
demand for specialty paper is further expected to escalate owing to changing
lifestyles and growing demand for paperboard and industrial packaging paper.
However, the manufacturing of specialty paper generates a considerable amount
of carbon emissions which hinders the growth of the global specialty paper
market. Looking forward, the global Specialty paper market is projected to
reach 42.8 Million Metric Tons by 2023, expanding at a CAGR of around 5.1%
during 2019-2024.
Market Summary:
Ø The
specialty paper marker is categorized on the basis of product type as label and
release papers, printing papers, flexible packaging papers, rolling papers,
décor papers, banknotes and security papers, and others. Amongst these, label
and release papers represent the most popular type of specialty paper.
Ø Based
on raw material, the market is segmented into pulp, fillers and binders,
additives, coatings and others.
Ø The
Specialty Paper market has been analysed on the basis of applications into
packaging and labeling, printing and writing, industrial use, building and
construction and food service. Presently, specialty paper is majorly used for
packaging and labeling applications.
Ø On
a regional-basis, the global specialty paper market is divided into Asia
Pacific, North America, Europe, Middle East and Africa, and Latin America.
Ø The
competitive landscape of the market has also been examined with some of the key
players being Stora Enso, International Paper Company, Mondi PLC., Nippon Paper
Group, Inc, ITC Ltd., Sappi Ltd., Glatfelter, Domtar Corporation, Munksjo Group
and Fedrigoni.
Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/specialty-paper-market
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Created on May 14th 2019 05:56. Viewed 302 times.