Enjoy complimentary customisation on priority with our Enterprise License!
The dissolving wood pulp (DWP) market size is estimated to grow at a CAGR of 2.95% between 2023 and 2028. The market size is forecast to increase by USD 1.4 billion. Several factors play a crucial role in the market's growth, such as the growing demand for tissue and hygiene products, the rapid expansion of the textile industry, and favorable government regulations and policies. The report includes a comprehensive outlook on the Dissolving Wood Pulp (DWP) Market, offering forecasts for the industry segmented by Type into rayon grade and specialty grade. Additionally, it categorizes Raw Material into hardwood and softwood and covers Geography regions, including North America, Europe, APAC, South America, and the Middle East and Africa. The report provides market size, historical data spanning from 2018 - 2022, and future projections, all presented in terms of value in USD 6.62 billion for each of the mentioned segments.
For More Highlights About this Report, Download Free Sample in a Minute
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
One of the key factors driving the dissolving wood pulp (DWP) market growth is the growing demand for tissue and hygiene products. One of the factors that influence the global dissolving wood pulp (DWP) market is the rising demand for tissues and hygiene products. In addition, a particular kind of wood pulp known as DWP is designed especially for usage in niche markets, including textile fibers, rayon, cellophane, and other hygiene items such as wipes and diapers.
Moreover, the population is growing at a rapid pace, especially in emerging nations, which is one of the key reasons driving the demand for tissue and hygiene goods. In addition, the spending on personal care and hygiene items has increased in these areas due to the growing middle class and rising disposable income. As a result, the need for DWP to manufacture these goods is increasing. Hence, such factors are positively impacting the dissolving wood pulp market. Therefore, it is expected to drive market growth during the forecast period.
A key factor shaping the dissolving wood pulp (DWP) market growth is the rising demand for viscose fibers. The increasing demand for viscose fibers is due to their adaptability and environmental friendliness, viscose fibers are becoming more popular in a wide range of applications. In addition, the textile industry makes extensive use of viscose fibers because of their special qualities, which include softness, lightness, and breathability.
Moreover, they are widely utilized in the manufacturing of industrial, household, and apparel textiles. In addition, the demand for viscose fibers is expected to increase due to the expanding fashion sector and consumers' growing preference for comfortable and sustainable clothes. Furthermore. another factor fuelling the e need for viscose fibers is the growing use of non-woven goods in a variety of industries, including the automotive, personal care, and healthcare sectors. Hence, such factors are positively impacting the dissolving wood pulp market. Therefore, it is expected to drive market growth during the forecast period.
Environmental regulations and sustainability concerns are one of the key challenges hindering the dissolving wood pulp (DWP) market growth. The global dissolving wood pulp (DWP) market faces various challenges associated with environmental regulations and sustainability concerns. In addition, these challenges arise due to the significant environmental impact associated with the production and disposal of DWP. For instance, DWP manufacture calls for a lot of wood, which can lead to habitat destruction and deforestation.
Moreover, it can lead to ecosystem disruption and biodiversity loss. In addition, the local ecosystems and human health may suffer as a result of these contaminants. Furthermore, environmental laws that are too strict force DWP manufacturers to use technologies for emission reduction and wastewater treatment as examples of pollution control techniques. Hence, such challenges are hindering the market growth during the forecast period.
The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Dissolving Wood Pulp (DWP) Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Aditya Birla Management Corp. Pvt. Ltd: The company offers dissolving wood pulp which derives its competitive edge from its integrated business model, with captive raw materials such as dissolving grade wood pulp, caustic soda, carbon-disulphide, power generation and steam.
The research report also includes detailed analyses of the competitive landscape of the market and information about 13 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The rayon grade segment is estimated to witness significant growth during the forecast period. The growth of the global dissolving wood pulp (DWP) market is fuelled by the increasing demand for cellulosic products in various industries, such as textiles, pharmaceuticals, cosmetics, and more. In addition, in the global dissolving wood pulp (DWP) market, the rayon-grade segment has grown steadily and has a sizable market share such that it competes with grades such as Lux and Merino, making up a considerable portion of the market. Furthermore, the exceptional quality and numerous industry-wide uses of rayon grade are responsible for its market share.
Get a glance at the market contribution of various segments Download the PDF Sample
The rayon grade segment was the largest segment and was valued at USD 6.62 billion in 2018. Moreover, the textile sector has been the main driver of demand for rayon-grade dissolving wood pulp. In addition, the rayon-grade pulp is used by textile producers to create cellulose fibers, which are then processed into garments, yarns, and textiles. Furthermore, due to its special qualities, such as its high strength, smoothness, and absorbency, rayon grade is a great option for textiles. In addition, rayon-grade pulp is also used in the production of pharmaceuticals, cosmetics, and other high-value applications due to its purity and sustainability. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.
For more insights on the market share of various regions Download PDF Sample now!
Europe is estimated to contribute 29% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
Another region offering significant growth opportunities to companies is North America. In North America, the term DWP comprises the manufacturing, trading, and consumption of a particular kind of pulp that is mostly utilized in the manufacturing of cellulosic products such as rayon. In addition, DWP has a sizable market in North America, where the US and Canada are the two biggest manufacturers and users of the commodity. Moreover, the robust demand for rayon across a range of end-user industries, including textiles, healthcare, and automotive, is one of the reasons propelling the Dissolving wood pulp (DWP) market in North America. Furthermore, the DWP is a necessary raw material for the manufacturing of rayon, modal, and other cellulosic fibers, the textile sector is one of the main users of DWP in North America.
In 2020, during the COVID-19 pandemic, the growth of the global dissolving wood pulp (DWP) market witnessed a significant slowdown due to the disruption of the global supply chain, the closing of textile plants, and the drop in the demand for hygiene goods. in North America. However, in 2021, the initiation of large-scale vaccination drives lifted the lockdown and travel restrictions, which led to the restoration of operations in the supply chain. Such factors are expected to drive the market during the forecast period.
The dissolving wood pulp (DWP) market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
|
Dissolving Wood Pulp (DWP) Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
150 |
|
Base year |
2023 |
|
Historic period |
2018-2022 |
|
Forecast period |
2024-2028 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 2.95% |
|
Market Growth 2024-2028 |
USD 1.4 billion |
|
Market structure |
Concentrated |
|
YoY growth 2023-2024(%) |
2.65 |
|
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
|
Performing market contribution |
Europe at 29% |
|
Key countries |
US, Canada, Sweden, Finland, and Brazil |
|
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
|
Key companies profiled |
Aditya Birla Management Corp. Pvt. Ltd., Amafhh Enterprises, Bracell, fujian qingshan paper industry co ltd., Fulida Group Holding Co. Ltd., Lenzing AG, Nippon Paper Industries Co. Ltd., RAG Innovations, Rayonier Advanced Materials, Sappi Ltd., Shandong Sun Holdings Group, Siam Cement PCL, and yueyang forest and paper co. ltd |
|
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Raw Material
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Certified ISO 9001 : 2015
We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.
We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.
Get lifetime access to our
Technavio Insights
Get the report (PDF) sent to your email within minutes.
