Pulp & Paper Enzymes Market 2021 Growth, Competitive Analysis, Future Prospects and Forecast to 2026
Estimates suggest that pulp & paper enzymes market size will exceed USD 250 million in terms of annual valuation by 2026.
Delaware, United States – August 5, 2021 /MarketersMedia/ —
Growing preference for eco-friendly bio bleaching of soft and hard wood pulp over conventional chlorine bleaching will drive pulp & paper enzymes market trends. Over the past few years, growing consumption of goods has led to increased paper production. However, rising concerns regarding environmental pollution has prompted paper manufacturers to adopt pulp and paper enzymes.
Growth Drivers of Pulp & paper enzymes market are
• Positive outlook for the pulp & paper industry
• Technological advancements along with growth in enzyme production technology
• Stringent environmental norms for the pulp & paper industry
Eco-friendly bleaching in pulp & paper sector
Driven by positive outlook for the pulp & paper market, paper and pulp enzymes will witness high demand in the coming years. Environmental and economic benefits provided by the enzymes are the key factors fueling product adoption.
The product is considered to have a significant impact on climate change throughout its value chain, from raw material sourcing, to production, and through end-use. Moreover, innovation and development of enzymes to replace traditional sodium-based chemicals and chlorines will further support product deployment.
Pulp & paper enzymes market | Use in packaging applications
Increasing paper demand for packaging applications may favor pulp and paper enzymes business expansion. Favorable regulations towards limiting the use of plastics in packaging is escalating paper demand, which in turn is bolstering product adoption.
These enzymes offer varied functionality in various paper production applications. The substances are used in processes such as bleaching, fibrillation, fiber modification, deinking, drainage improvement, microbial control, debarking and pitch treatment. Several large investments directed towards R&D to enhance the product scope is poised to offer major growth avenues for the industry over the analysis period.
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Pulp & paper enzymes market | Demand for xylanases
Xylanases are experiencing high demand as they are extensively used for a large number of processes such as fiber modification, bleaching, deinking, retting of flex fibers and debarking. Utilization of the product offers improved brightness to the paper during the bleaching process.
It also finds usage in bleaching of sulfite pulp, craft and soda. Also, the product aids in the extraction of residual lignin from the fibers. Xylanases is expected to hold over 17% of the pulp & paper enzymes market share over the analysis period.
Environment regulation in North America
U.S is among the leading producers of paper across the globe and is likely to contribute substantially to pulp & paper enzymes market share. Stringent regulations and norms issued by several private and government organizations towards the reduction of environmental pollution by the pulp & paper market across North America will fuel product adoption.
These mandates are the key factor driving the utilization of eco-friendly materials such as enzymes across the region. Moreover, the presence of large scale manufacturers with extensive R&D capabilities will further support product penetration in the coming years. North America is estimated to account for around 30% of the pulp & paper enzymes market share by 2026.
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