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Hardwood Pulp Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI

Hardwood Pulp Market: Overview

Hardwood pulp is also called as short fiber pulp which is extracted from birch, poplar, basswood, eucalyptus, maple, etc. As the hardwood pulp gives strong absorptivity and opaqueness to the paper, the printing paper manufacturers have increasing demand for hardwood pulp. The other key features of hardwood pulp such as excellent cleanliness, formation and surface properties are responsible for increasing growth of hardwood pulp market across the world. The hardwood pulp paper bags are easy to recycle and hence it helps to replace plastic and other bags material easily.

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It is witness that, Hardwood grade consist of birch and eucalyptus pulp results into good strength, structural properties and rigidity. Many tissue manufacturers are having increasing preference for hardwood pulp, as it gives more softness and smoothness to the tissue paper. The various application of bleached hardwood kraft pulp are paperboard, specialty paper, coated and uncoated paper, tissue and board grades. The hardwood material is easy to make pulp and bleached with less alkaline consumption. This gives significant incremental opportunity for the global hardwood pulp during the forecast period.

Hardwood Pulp Market: Dynamics

The fueling factor responsible for exponential growth of global hardwood pulp market is use of recyclable and biodegradable packaging & paper material. Changing regulations and ban on plastic or non-recyclable material in Europe and other regions provides lucrative opportunities for the growth of hardwood pulp market. The hardwood pulp is cost effective which further drives the global market.

Lucrative opportunities are observed for hardwood pulp as it have more initial brightness due to high cellulose, extractives and less lignin than softwood. On the other side, increasing preference for hygiene papers such as tissue papers, diapers, sanitary napkins, resulting into potential growth of hardwood pulp market. The global market of hardwood pulp is boosting on the backdrop of increasing paper industries and latest technologies.

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The growth of global hardwood pulp market might slow down due to shifting from paper and printing to digital media and paperless communication. However, the demand is still increasing due to packaging industries.

Hardwood Pulp Market: Regional Outlook

Due to environment friendly packaging trend, the hardwood pulp market is expected to grow in multiples in various regions such as North and South America, Europe, Asia Pacific, and Middle East and Africa. It is witness that China is the leader for hardwood pulp market. Maximum export of hardwood pulp is observed in China in order to satisfy global demand of hardwood pulp. Upgradation is technologies and rapid industrialization in emerging countries such as India, and Mexico propelling new opportunities for hardwood pulp market.

Due to more impact of digitalization in countries like the United States and Brazil, sluggish growth of hardwood pulp market is witness. Significant growth in GCC countries and Turkey is expected during the forecast period. In addition to this, with the increasing demand of graphical papers, lucrative opportunities for growing hardwood pulp are expected. Growing health concern among people leads to increasing use of tissue paper, and pulp for hygienic products. The hardwood pulp market is expected to grow further on the backdrop of textile applications in France, and U.K. market.

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Hardwood Pulp Market: Key Players

The key players of hardwood pulp market are as follows:

  • Centralpaper Finland
  • Rayonier Advanced Materials
  • Nippon Paper Group
  • UPM Pulp
  • Domtar Inc.
  • Stora Enso Oyj
  • Irving Pulp & Paper Ltd.
  • Cenibra – Celulose Nipo-Brasileira
  • Ilim Pulp Group
  • Resolute Forest Products

The Hardwood Pulp market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Regional analysis includes –

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia
  • Middle East & Africa (MEA)

Hardwood Pulp Market: Segmentation

The hardwood pulp market can be segmented on the basis of pulping process, bleaching process, grades, and application as follows:

On the basis of pulping process, the global market is segmented as:

  • Mechanical
  • Chemical
  • Sulphate
  • Sulphite
  • Semi-chemical

On the basis of bleaching, the global market is segmented as:

  • Chlorine Bleaching (Chlorine gas & Hypochlorite)
  • Totally Chlorine Free (TCF)
  • Elemental Chlorine Free (ECF)
  • Oxygen/Ozone Bleached

On the basis of application, the global market is segmented as:

  • Packaging Paper
  • Cartonboard
  • Corrugated board
  • Flexible Paper
  • Tissue Paper
  • Graphic Paper (Writing and Printing)
  • Newsprint Paper
  • Specialty

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Last Updated: 21-Dec-2021