Dissolving Pulp MarketSize and Trends

Market Dynamics:-

The dissolving pulp market is driven by the growing partnership & collaborations by key players in the global market. For instance, in April 2018, Sappi Limited entered into a partnership with AF Poyry, a design and consulting company based in Sweden. The partnership aimed to expand the Sappi Limited Saiccor Mill’s production capacity in South Africa. The Saiccor Mill is engaged in the production of dissolving wood pulp used for viscose staple fibers in textile industry. Therefore, growing partnership and collaboration by key players in global dissolving pulp market is expected to propel the market growth over the forecast period.

Market Trends:-

On the basis of raw material, wood pulp segment is expected to account for a significant market share during the forecast period. Numerous key players in the market are offering renewable pulp products based on wood as a raw material. For instance, companies such as UPMPULP offers renewable wood based pulp products such as specialty papers, tissues, and others. Therefore, growing production of wood for pulp products is expected to fuel growth for wood pulp segment over the forecast period.

On the basis of region, Asia Pacific is expected to account for significant market share in terms of value and volume in the global dissolving pulp market during the forecast period. This is attributed to growing textile industry in the region, which is major factor that is expected to drive the market growth. For instance, according to the India’s Brand Equity Foundation, the textile and apparel industry was US$ 108 billion in 2015, and is expected to reach US$ 223 billion by 2021 in India.