About Hardwood Pulp
Hardwood consists of 43-70% wood cellulose, 20-40% duct, 10-20% wood ray, and 2-13% parenchymal cell. Hardwood generally has a large size and weight, it is easy to warp, crack, and hard to process. Hardwood fibers are especially suited for producing smooth papers for printing and writing. They also can achieve good stiffness and bulking ability, but this depends on the tree species and refining conditions. Increasing usage of hardwood pulps to produce paper products with more uniform formation is the major factor driving the market growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Global Hardwood Pulp is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Paneurasia Inc. (Canada), Kalpataru Papers LLP (India), International Paper Company (United States), Domtar (United States), Sappi Limited (United States), Resolute Forest Products (Canada), UPM (Finland), Celulosa Arauco y Constitución (Chile), TechNavio (United Kingdom) and Fibria (Brazil) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Hardwood Pulp market by Type (Chlorine Bleaching and Totally Chlorine Free), Application (Paper & Pulp, Furniture and Others) and Region.
On the basis of geography, the market of Hardwood Pulp has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Wood Type, the sub-segment i.e. Acacia will boost the Hardwood Pulp market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Demand for Design and Technological Modernization in Hardwood Flooring, Growing Demand for Engineered Timber and Increased Import Transportation of Raw Wood
Market Growth Drivers:
Rising Adoption from Residential & Non-Residential Construction owing to the Trend of Maintenance and Repair of New Construction, Increasing Demand for the Wood Flooring Solutions and Rising Purchasing Behaviour and Changing Consumer Preferences in Interior Decor in Emerging Economies
Challenges:
Rising Environmental Challenges Impacting the Demand for Wooden Bi-Products and Rising Stringent Government Regulations against Substitutes Including Conventional Wood and Plastic or PVC
Restraints:
High Cost Associated with the Production of Hardwood, Rising Market Share by Substitutes Such As Natural Wood, Plastic, PVC and Many Others and Changes in Wood and Other Raw Materials Prices
Opportunities:
The Innovation and Increasing Research & Development Activities in Terms of Designs and Efficient Services is Booming the Opportunities of Growth for Hardwood Pulp and Advancement in Home Furniture Industry Will Generate Huge Demand
Market Leaders and their expansionary development strategies
On 11th May 2021, Domtar is acquired by Paper Excellence. Strategic transaction to accelerate Paper Excellence’s growth strategy, including entry into attractive US market; expands Domtar’s financial resources, potential customer base, and product offerings.
On 15th July 2021, Domtar announced to restart a paper machine at its Ashdown, Arkansas, mill to add the capacity necessary for the company to meet increasing customer demand. The strategic initiative will help the company maintain its leadership position in the North American uncoated freesheet paper market and deliver the service and quality its customers expect. The company estimates the restart will cost approximately USD10 million.
Key Target Audience
Hardwood Pulp Manufacturers, Hardwood Pulp Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.