What is Paper Preservatives?
Paper Preservatives, also known as paper biocides, are synthetic concoctions used to slaughter undesirable smaller scale creatures in order to prevent and control any unwanted microbial development from destructive microorganisms, such as microscopic organisms and parasites, in old paper and other paper-related information. The vast use of toiletries, paper, and napkins in the residential and commercial sectors is driving demand for paper preservatives in the paper producing business. Extensive applications of paper across various domains has stimulated the growth in the paper preservatives business over the years. Although now gradual shift of various domains from paper to digital solutions has emerged as a major hindrance for the future prospectus of the paper preservatives manufacturers. North America and Asia Pacific are the two largest markets of paper preservatives.
The market study is broken down by Type (Thione, Glutaraldehyde, Bronopol, 1,2-Benzo –Isothiazolin-3-One and Others), by Application (Currency Printing Paper, Toiletries Paper, Stationary, Newspaper and Others) and major geographies with country level break-up.
The paper preservatives market is largely fragmented one with presence of large number of small manufacturers. Extensive applications of paper is a major reason for growth of the paper preservatives business over the years. Although because of enhanced focus on environment, the gradual shift from paper to digital solutions such as computers and kiosks may hamper the future prospectus of the paper preservatives manufacturers. Asia Pacific has emerged as the leading market of paper preservatives. 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.
BASF SE (Germany), DOW Chemical (United States), Weifang Haihua Yuanda Fine Chemicals Co. Ltd. (China), Dadia chemical Industries (India), Wuhan Fortuna Chemical Co. Ltd. (China), Finor Piplaj Chemical Ltd. (India), Fujian Shaowu Yongfei Chemical Co., Ltd. (China), Sharon Laboratories Ltd. (Israel), Mani Agro Chemicals (India) and Shanghai Rich Chemicals (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Gayathri Chemicals (India), Sai Supreme Chemicals (India) and Ramdev Chemicals (India).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Paper Preservatives market by Type, Application and Region.
On the basis of geography, the market of Paper Preservatives has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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 Distribution Channel, the sub-segment i.e. Direct will boost the Paper Preservatives market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2020, Lanxess AG, the German multinational specialty chemicals company has announced acquisition of Itibanyl Produtos Especiais Ltda. (IPEL), which is a Brazil based biocide manufacturer. The acquisition strengthens Lanxess market standing as one of the world’s leading manufacturers of antimicrobial active ingredients and formulations. Biocides and specialised chemicals for the paint and coatings sector are said to account for the majority of IPEL's sales. Preservatives and fungicides for process control in water treatment, as well as active components for disinfection and cleaning agents, are all part of the product line. The acquisition will also help Lanxess to expand its geographical presence.
Market Trend
- Stationary Related Paper has High Preservation Requirement Qualities
Market Drivers
- Rising Population around the World
- Extensive Number of Applications for Paper
Opportunities
- Antimicrobial properties Enabled Preservative Would Grow in Demand especially after Recent Pandemic
Restraints
- Shift of Society from Paper to Digital Solutions
Challenges
- Stringent Regulations on Paper Pulp Industry due to Excessive Deforestation
Key Target Audience
Paper Preservatives Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
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 the 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 purpose to understand companys positioning regarding 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 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.