The Europe Paper Chemicals Market was valued at 7.67 billion USD in 2022. The market is expected to grow at a CAGR of 3.2% over the forecast period to reach a valuation of 8.98 billion USD in 2029.
Paper companies use pulp and paper chemicals to promote pulp handling and improve the performance of the finished document item. Pulp and paper chemicals are mainly used to optimize paper manufacturing procedures, increase productivity, and improve the characteristics of the manufactured paper. To render more flexible and complicated cellulose fibers, pulp and paper chemicals are used. Chemicals used in the manufacturing of paper are categorized as pulp chemicals, process chemicals, and functional chemicals.
Significant factors that have helped drive the Europe Paper Chemicals Market forward are increasing demand for paper-based packaging is one of the driving forces on the worldwide market for paper chemicals, In the forecast period, the use of oxygen and ozone as bleaching agents in large quantities is expected to drive the regional paper chemicals market. The increasing knowledge of sustainable packaging has fuelled paper-based packaging demand. This is anticipated to fuel demand over the forecast period for paper chemicals.
In Europe, paper chemicals represent about a third of world manufacturing and are a significant employer. Finland, Sweden, and Germany are the major manufacturing nations. An extremely creative sector is the Europe paper chemical industry. Its strategic vision of reconciling sustainability and competitiveness, the intrinsic characteristics of its raw materials and the sector's transformation already delivers fresh products, new techniques, fresh bio-values, and company prospects.
Kemira Oyj (Finland), BASF (Germany), Akzonobel N.V. (Netherlands), Archroma (Switzerland, Solenis(US) are some of the notable companies in the Europe Paper Chemicals market.
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