The expanding alliances and partnerships among major players in the international industry are what are driving the dissolving pulp market. As an illustration, in April 2018, the Swedish design and consultancy firm AF Poyry and Sappi Limited partnered. The cooperation aimed to increase the Saiccor Mill of Sappi Limited's capacity to produce in South Africa. The Saiccor Mill produces dissolved wood pulp for viscose staple fibers, which are utilized in the textile industry. As a result, expanding partnerships and collaboration amongst key players in the worldwide dissolving pulp market are anticipated to fuel market expansion over the forecast period. During the projected period, the raw material sector for wood pulp is anticipated to have a sizable market share. Offering renewable pulp products based on wood as a raw material are many major market players. For instance, businesses like UPMPULP offer products made from renewable wood pulp, including speciality sheets, tissues, and other items. Therefore, during the course of the forecast period, growth in the wood pulp industry is anticipated to be fueled by increasing wood production for pulp products.
According to Coherent Market Insights, The market for Dissolving Pulp is expected to reach a value of USD 6.7211 billion by 2028, growing at a CAGR of 3.2% over the forecast period from USD 5.5637 billion in 2022.
Major Players in the Dissolving Pulp Industry:
1. Sappi Limited
The firm was started in 1936 and is based in Rosebank, Johannesburg, South Africa. For the Southern African market as well as foreign markets, it manufactures and distributes commodity paper goods, pulp, dissolving pulp, and forest and forestry products. Sappi Europe announced significant paper machine upgrading and modernization at its Gratkorn facility in December 2022.
2. Rayonier Inc
The company was started in 1926 and is based in Yulee, Florida, United States. In addition to owning, leasing, and managing timberland and offering related management services, Rayonier also produces logs, wood products, and medium density fiberboard. Rayonier purchased Pope Resources in the Pacific Northwest in May 2020.
3. Nippon Paper Industries Co., Ltd.
The firm was started in 1949 and is based in Tokyo, Japan. The business produces and markets paper and pulp goods. The company also engages in logistics for wood building materials. Nippon Paper announced in March 2023 that it would be updating the Agreement on Forest Development Activities in National Forests with Diverse Activities.
4. Bracell
The firm was started in 2010 and is based in Sao Paulo, Brazil. The Company's dissolving wood pulp is made from sustainable Brazilian wood plantations and is utilized in a variety of daily products, including soft ice cream, pharmaceuticals, baby wipes, fabrics, and eyeglass frames. Bracell has just finished buying OL Papéis Ltda as of May 2023.
5. Tembec Inc.
The company was started in 1973 and is based in Montreal, Canada. The production of pulp from wood and other materials is one of the company's business divisions. Tembec is a producer of a variety of forest products and a pioneer in sustainable forest management techniques.
6. Aditya Birla Group
The business was started in 1857 and is based in Mumbai. The Company manufactures cement through its subsidiaries in addition to staple fiber, insulators, clothing, viscose, and filament yarn. The purchase of Aleris by the group for USD $2.8 billion in 2020 was a substantial acquisition in the aluminum sector. The Aditya Birla Group entered the paints sector in 2021 with the launch of Grasim, a division of the group.
7. Sun Paper Group
The firm was started in 1982 and is based in China. The business manufactures consumer paper goods and sells napkins, kitchen towels, and bathroom tissue, among other paper goods. The paper sector, chemical engineering, the power transmission network, and scientific research are all areas of business for the company.
Definition: Alpha-cellulose is a major component of dissolving pulp, sometimes referred to as dissolving cellulose. Viscose fiber is generally produced using the evaporating pulp. Additionally, it serves as the raw material for cellulose-based products like cellophane, nitrocellulose, and cellulose ether.
