Specialty Paper Market Share, Size, Growth, Demand and Forecast Till 2024: IMARC Group
According to the latest report by IMARC Group, titled “Specialty Paper Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global specialty paper market volume reached of 31.9 Million Metric Tons in 2018. Specialty paper refers to superior quality paper which is produced or designed for a specific application. It is manufactured using Nano-based materials, composites, fibers and different types of pulp, such as recycled paper, cotton fiber, wood pulp and wood chips. Specialty paper possesses various special performance features including exceptional physical, optical, electrical and chemical properties. At present, it finds applications in several everyday products like coffee filters, cigarette paper, insulation paper, food contact paper, paper currency and carbonless copy paper, among others.
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Specialty Paper Market Summary:
The specialty paper marker is categorized on the basis of product type as label and release papers, printing papers, flexible packaging papers, rolling papers, décor papers, banknotes and security papers, and others. Amongst these, label and release papers represent the most popular type of specialty paper.
Based on raw material, the market is segmented into pulp, fillers and binders, additives, coatings and others.
The Specialty Paper market has been analysed on the basis of applications into packaging and labeling, printing and writing, industrial use, building and construction and food service. Presently, specialty paper is majorly used for packaging and labeling applications.
On a regional-basis, the global specialty paper market is divided into Asia Pacific, North America, Europe, Middle East and Africa, and Latin America.
The competitive landscape of the market has also been examined with some of the key players being Stora Enso, International Paper Company, Mondi PLC., Nippon Paper Group, Inc, ITC Ltd., Sappi Ltd., Glatfelter, Domtar Corporation, Munksjo Group and Fedrigoni.
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