Specialty papers have special characteristics and properties because they are designed for specific purpose and certain end user. Sometimes, normal paper is converted into specialty paper via chemicals. Market Research Future (MRFR) has published a research report about the global specialty papers market that expects growth with 5.7% CAGR (Compound Annual Growth Rate) for this market between 2017 and 2023. In terms of cash, the market is expected to grow with US $ 28.7 bn by the end of forecast period.
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Analyzing the market structure, this report offers insights into factors affecting the market growth. Providing the historical and forecast revenue, it evaluates market size. Observing the key players in the market, this report covers and observes their competitive developments that include joint ventures, mergers and acquisitions, new product developments, research and developments (R & D), and strategic alliances. The key factors that drive this market include the growing trend of the online shopping worldwide and growing demand for specialty paper from food & beverages sector.
The global specialty papers market has been segmented on the basis of application, raw material, type, and lastly, region. As per application-based segmentation, this market has been segmented on the basis of building & construction, industrial, packaging & labeling, printing & writing, and others. On the basis of raw materials, the market has been segmented into additives, fillers & binders, pulp, and others. By types, the market has been segmented into décor paper, flexible packaging papers, masking tape, printing paper, release liner paper, and others.
The regional segmentation of the global specialty papers market segments the market into regional markets namely North America, Europe, Asia Pacific, and the rest of the world (RoW). Europe is the largest regional market for specialty papers, mainly due to growth in the food & beverages sector. During the forecast period, Europe is expected to contribute significantly to the global market revenue. The most important country-based markets in this region include France, Germany, Spain and the United Kingdom (UK), followed by the rest of Europe.
Between 2017 and 2023, the growth with the fastest pace is expected for the Asia Pacific market. Growth in urbanization in this region is the primary reason for the increase in the demand for specialty papers market. The significant country-based markets in this region are China, India, and Japan, followed by the rest of the Asia Pacific region. North America market is significant due to steady industrialization. The primary country-based markets in this region are the United States of America (USA) and Canada.
Latest Industry News
- Earlier known as Idempapers, the Virginal Paper has resumed production under new management after months of downtime. The mill had to file for insolvency last year and was idle for over a year. 29 AUG 2018
- Glatfelter has entered into a definitive agreement to sell its Specialty Papers Business Unit (“SPBU”) on a cash free and debt free basis to Lindsay Goldberg (the “Purchaser”) for a total sale price of $360 mn. 21 AUG 2018
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Manufacturing dominates the application segment of the global Specialty papers market
On the basis of applications, the global specialty papers market is segmented as building & construction, packaging & labeling, industrial, printing & writing and others. Packaging & labeling dominates the application segment of the global specialty papers market. The growing demand for paper-based packaging in the food sector and growth of the pressure-sensitive labels is fueling the growth of the market. Packaging & labeling is estimated to be the fastest growing application during the forecast period.
Printing & writing is the second-largest application segment. Growing consumer’s preference for laminated sheets and wallpapers for residential and commercial interiors is fueling the growth of the market.
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- Nippon Paper Group, Inc. (Japan)
- Domtar Corporation (Canada)
- Mondi Plc (Austria)
- Sappi Limited. (South Africa)
- Stora Enso Oyj (Finland)
- Munksjo Corporation (Sweden)
- Kanzaki Specialty Papers Inc. (U.S.)
- International Paper Company (U.S.)
- Robert Wilson Paper Corporation (U.S.)
- Griff Paper and Film (U.S.).
This research report provides insights, on various levels of analysis such as industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Specialty papers market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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