Asia Pacific Expected to be Fastest Growing Market for Specialty Pulp and Paper Chemicals

摘要

Asia Pacific is expected to be fastest growing market for specialty pulp and paper chemicals at an estimated Compound Annual Growth Rate (CAGR) of 7.1% from 2014 to 2020 on account of growing retail market in Japan, Indonesia, China, India coupled with expansion of pulp and paper industry in Indonesia, China and South Korea. Europe, which was the largest market for specialty pulp and paper chemicals, accounting for 42.4% of the market share in 2013, is expected to lose share to North America on account of mature paper market in Europe coupled with growing wood and pulp industry in the U.S. and Canada.