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Pulp & Paper Enzymes Market size was estimated to be over USD 160 million in 2021 and is projected to register 5.5% CAGR between 2022-2030. Increasing usage of stationary in corporate office will spur the market expansion.
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Efforts for improving education and literacy rate will act as a catalyst for paper production activities. Both developing and developed nations are striving to enhance access to educational services, which will boost the consumption of paper, paperboard, and other wood-based products. The total government spending on education in EU accounted for more than 5.3% of the regional GDP in 2020 and 2021. With rapidly expanding population across Central & Eastern European countries and increasing awareness associated with the potential benefits of human welfare, paper consumption may accelerate.
Pulp & paper enzymes have emerged as popular alternatives to traditional chemicals used in paper production, owing to their sustainable nature. Stringent government regulations and intense environmental, political, and economic scrutiny are compelling paper and pulp manufacturers to adopt sustainable strategies for reducing the toxicity of industrial wastewater. Companies are exploring innovative methods to produce high-quality pulp and paper enzymes. Initiatives such as the ‘plastic ban’ and awareness regarding reusable or biodegradable packaging materials will further complement the use of these enzymes.
Report Coverage | Details |
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Base Year: | 2021 |
Market Size in 2021: | 160 Million (USD) |
Forecast Period: | 2022 to 2030 |
Forecast Period 2022 to 2030 CAGR: | 5.5% |
2030 Value Projection: | 275 Million (USD) |
Historical Data for: | 2017 to 2021 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 561 |
Segments covered: | Product |
Growth Drivers: |
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Pitfalls & Challenges: |
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Rapid digitalization and the advent of paperless communication is a major restraining factors for the pulp & paper enzymes market value. A considerable number of businesses are inclined towards paperless communication for boosting productivity and achieving cost reduction across the organization. On average, 10,000 sheets of paper are used annually by a single employee, indicating the massive volumes of paper consumed. Paperless communication is eco-friendly and helps reduce the environmental implications of the paper industry. The potential of paperless operations in achieving a complete return on investment (ROI) within a year of implementation could be a major roadblock for the industry.
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The pulp & paper enzymes market share from cellulase segment is estimated to reach 4,600 tons by 2030. These enzymes are used across a broad spectrum of industry verticals like textile, pulp and paper, detergent, biofuels, nutraceuticals, and food and beverage industries. A high preference for cellulase can be attributed to superior quality products made using this enzyme. For instance, paper made from fibers that are treated with modified cellulase offers better tensile strength and internal bond formation. Moreover, the efficacy of modified cellulase in separating ink particles from fiber during flotation deinking is fueling its demand among manufacturers.
The fiber modification segment is anticipated to witness over 7% CAGR from 2022-2030. Cellulase is commonly used to enhance fiber reactivity during chemical modification and dissolution procedures performed in the pulp industry. The enzyme enables high consistency pulp processing and is an economically advantageous method used by paper makers to lower capital and operating costs.
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Asia Pacific pulp & paper enzymes market size is estimated to cross USD 110 million by 2030. Lightweight packaging boards are the new logistics trends in APAC, heavily driving the demand for these enzymes. Considerable increase in the purchasing power across various countries has contributed to increasing packaging and distribution activities, drawing manufacturers to use lightweight packaging boards. These packaging solutions offer multiple benefits such as reduced weight in logistics, affordable pulp prices, reduced CO2 emissions, and better pricing per ton, allowing shipment of more primary packs per pallet.
Novozymes, Rossari Biotech, Dupont, MetGen, Nature Bioscience, KPS Bio, Enzyme Solutions, Advanced Enzymes, Dyadic International, MAPS Enzyme Limited, AB Enzymes, BASF SE, Biotech, Anthem Cellutions, Epygen Labs FZ LLC, Megazyme Limited, Aum Enzymes, Krishna Speciality Chemicals, Noor Enzymes, and Afrizymes are some of the prominent pulp & paper enzymes manufacturers.
The COVID-19 pandemic affected different aspects of the pulp and paper enzymes industry. Labor shortages, continuous lockdowns, social distancing norms, and rapid digitalization of workspaces slowed down production and consumption of paper sheets. However, the pandemic unlocked new opportunities for the industry. With booming e-commerce and a rising focus on safety and hygiene, the pandemic opened new avenues for paper manufacturers across paper-based personal hygiene products, medical-grade papers, corrugated packaging materials, food packaging products, and more. A substantial recovery in the space of logistics and supply chain will further foster industry trends.
The Pulp & Paper Enzymes market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in tons and revenue in USD Thousand from 2022 to 2030 for the following segments:
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