Pulp & Paper Enzymes Market Size, Share, Growth, and Forecasts Research Study
Category: #business  By Rahul Varpe  Date: 2020-03-25
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Pulp & Paper Enzymes Market Size, Share, Growth, and Forecasts Research Study

The major regions in the pulp & paper enzymes market that are likely to establish a coveted position in the industry and the ones who have major scope for improvement are enlisted in the report. also, a detailed evaluation of the latest technological advancements in the industry, in tandem with the detailed profiles of the major companies in the market have been given, as well as a unique model analysis.

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Pulp & Paper Enzymes Market is characterized by extensive M&As, given the exponential growth of this business sphere that is prompting companies to strengthen their business position. Recently for instance, the world’s leading enzyme manufacturer Novozymes, acquired Organobalance to expand its presence in the microbial space. In addition to this, some of the players have been forging contracts with research institutes to develop eco-friendly technologies to be used in the paper and pulp making industry, considering the hazardous impact of traditional manufacturing processes. Speaking of which, some of the noteworthy giants in pulp & paper enzymes industry are AB Enzymes, Enzymatic Deinking Technologies, Anthem Cellutions pvt. Ltd., Buckman Laboratories, Nature BioScience Pvt. Ltd., Iogen Corporation, Dupont, Biotech, MetGen, Novozymes, Enzyme Solutions, Rossari Biotech, and KPS Bio, Krishna Speciality Chemicals. As per a research report, in 2016, pulp & paper enzymes market held a share of USD 125 million.

The recent years have witnessed a massive growth in the e-commerce sector, as consumers give preference to online shopping and trading on a large scale. This expansion has subsequently impacted the packaging industry, as trading companies like Flipkart and Amazon are using flexible packaging options to improve the appearance and safety of their deliverable products. However, the governments across various countries are deploying strict norms to reduce the use of plastics and plastic products, which has generated the requirement of eco-friendly packaging. The growing demand of environment friendly packaging will thus, favorably fuel pulp & paper enzymes market.

There are distinct types of enzymes available to carry out chemical processes on paper and pulp products. Paper and pulp manufacturers are using these enzymes as per the requirements – for surface coating, bleaching, pitch treatment, fiber modification, and deinking. Manufacturers are increasingly using amylase enzymes, mainly in the cardboard industry pertaining to its capability to enhance the quality of paper and the ability to alter the viscosity of natural starch. As per the market estimates, pulp & paper enzymes market from amylase, having had a revenue of USD 45 million in 2015, will generate a revenue of more than USD 75 million by the end of 2024. Another factor augmenting the scope of this segment is the increasing demand for smooth paper for printing purposes.

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The adoption of strategies like ‘waste to useful commodity’ to reduce waste in the environment is certain to spur pulp & paper enzymes market. An instance of this fact can be attributed to a series of events that has taken place in the U.S. in recent years. In the year 2014, it was reported that the farmers near the area of southeastern Washington had burned nearly 400,000 tons of straw residue with the permission of the State Department of Ecology, which emitted 556,000 tons of carbon dioxide. In order to reduce the hazardous effect of CO2 on the environment, the government established a pulp mill in the area. Apparently, waste wheat and alfalfa straw would be used to extract cellulose in this mill, thereby leading to twin benefits of waste straw usage for environment conservation and cellulose production from the wheat and straw processing. The implementation of this strategy on a large scale is likely to impel pulp & paper enzymes industry share. As per the estimates, in 2016, pulp & paper enzymes market generated a revenue of USD 125 million.

As per a reliable survey conducted across the U.S., 62% of the consumers have negative opinions about the brands which does not use eco-friendly packaging. Most of the brands therefore, have been striving to adopt sustainable retail packaging strategies to satisfy the consumer needs. Nashville for instance, has been creating printed paper packaging for decorative packaging such gift wrappers. The rapidly expanding retail sector across various regions of the globe is likely to boost pulp & paper enzymes industry size. Moreover, for medication packaging, most of the pharma companies are using child resistance paperboard packs, creating new growth avenues for pulp & paper industry players. Recently, a packaging company – Keystone Folding Box, launched the Ecoslide-OTC, which is made from 100% recyclable paperboard. Increasing use of paper in pharma packaging application is slated to propel pulp & paper enzymes market share.

Awarding companies occasionally is a tactic used by various governmental organizations to encourage pulp and paper enzymes industry players to increasingly contribute toward the manufacturing of eco-friendly products and develop new research techniques. Recently, MetGen was selected as finalist at the Pulp and Paper International Awards for producing innovative cellulosic applications – which may have quite a positive influence on the overall pulp & paper enzymes industry.

In-depth table of contents @ http://decresearch.com/inquiry-before-buying/1995

This company was also involved in research and development of novel production techniques. MetGen apparently, has also developed a new process for the optimal production of FDCA. In addition, the company is building its first commercial plant for FDCA with BASF, which will have quite an impact on pulp & paper enzymes market share.

Main Features of the Global Market Research Report:

The report delivers the market valuation as well as the projected growth rate of the market spanning all years till 2025.

-The report also describes the major drivers of the market by considering as well as taking calculated risks, in tandem with identifying and testing new strategies.

-The research report endorses a detailed industry chain analysis. Also, it covers the production process of the market, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the market.

-The report provides detailed knowledge about the competitive scenario of the global market and also discusses the numerous marketing strategies adopted by companies to stay ahead in the competition.

-The report analyses the various market segments and also provides their contribution to the development of the global industry.

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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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