Report ID: UCMIG15A2064
Report ID:
UCMIG15A2064 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The worldwide market size for pulp and paper was valued at USD 351.53 billion in 2021, and it is expected to grow from USD 354.39 billion in 2022 to USD 372.70 billion by 2029, showing a Compound Annual Growth Rate (CAGR) of 0.72% during the forecast period. The global COVID-19 pandemic had an unprecedented and shocking impact, leading to reduced demand for pulp and paper worldwide, falling short of pre-pandemic levels. Our research indicates that the global market experienced a decrease of 0.1% in 2020 compared to 2019.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Commodity Chemicals by segment aggregation, the contribution of the Commodity Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG15A2064