Pulp Market: Production, Revenue, Price, Growth Rate, Type and Applicability Industry
The global pulp market is estimated to be valued at ~US$ 237 billion by the end of 2019, and is anticipated to reach ~US$ 333 billion by 2027. Although the pulp market is growing at moderate speed, the packaging industry is expected to grow all over the world, thereby influencing the important trends in the pulp market in the coming years.
Golden Age for 3D Printing Creating New Opportunities for Pulp Manufacturers
Paper & pulp manufacturers have been struggling to compete with the advantageous attributes of plastic in commercial and domestic commodities since the past few years.
Stakeholders are finding new alternatives for plastic, with raw materials such as wood, metal, plastic, textiles, and ceramics. These alternative materials are helping manufacturers in prototyping the attributes of plastic in commercial and domestic commodities. One such innovation is paper pulp 3D (3 Dimensional) printers that extrude the paper waste with a natural binder, which helps in creating aesthetically-pleasing 3D models.
Another trend that is catching the attention of pulp manufacturers is the use of 3D printing in the furniture industry and interior designing sector. 3D printing material is a valuable renewable resource that stores carbon and can be easily recycled. As such, wood-based waste can be up-cycled into wood polymer composite and can be used to make furniture. Likewise, researchers at the Michigan Technological University used furniture feedstock as a 3D printer filament to produce furniture components.
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Print Marketing and Packaging Capture the Attention of Pulp Manufacturers
The popular belief that the digitization of business operations in various industry domains is going to make paper and forest-product industries shut down has been stressing pulp manufacturers since the past few years. However, the reality does not seem to be so superficial, as paper and print companies still hold a major stake of their target customers who prefer the extensive exposure that paper and print commodities provide, such as magazines, books, and newspapers.
Manufacturers’ Move towards Sustainable Raw Materials to Give Rise to Non-wood Pulp Products
Pulp manufacturers are capitalizing on environmentally-sustainable ways to revolutionize pulp production with the help of non-wood pulp substitutes, such as wheat straw, to produce commodities such as paper towels, packaging, facial tissues, and molded fiber for single-use plates and cups, alongside de-icing and dust-abatement agents. These applications of non-wood pulp are aiding manufacturers in producing high-quality, commodity, and specialty straw pulp, which is directly offered for sale to paper and packaging manufacturers as an alternative to wood-based pulp materials.
Key Queries Answered in the Report
- What are the key distribution and trade scenarios that are likely to impact the pulp industry?
- What are the primary factors driving the growth of the pulp market in the next five years?
- Which regions have the potential of growth opportunities for companies that produce pulp products in the market?
- What are the strategies adopted by pulp market stakeholders in order to gain significant profits?
- How much value will the pulp market hold by the end of the forecast period?