The use of pulp in a multitude of industries such as wood and paper manufacturing, packaging, and food/beverages has played a vital role in market growth. Various types of pulp can be obtained from natural sources such as trees, bamboo, and teak. The use of pulp as an intermediary material for manufacturing several finished goods or items has played a defining role in market growth and maturity.
Pulp obtained from old rags, fiber crops, and cellulose fibers has gained popularity in recent times. The growing relevance of pulp in the field of paper manufacturing has given a thrust to market growth.
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- As the energy sector focuses on the use of recyclable and biodegradable materials, the demand for wood- and paper-based pulp has increased. Polyethene bags have been replaced by paper bags in recent times.
- In addition to this, harvesting of various trees that are viable sources of pulp have also attracted the attention of the manufacturers. The total volume of revenues within the global pulp market is set to increase in the years to follow.
- Pulping technologies have attracted the eyes of several investors, and this trend shall also play a crucial role in market maturity over the next decade.
The demand within the global pulp market is set to rise on account of advancements in paper manufacturing. The presence of a seamless industry for paper manufacturing has enabled several new entities to enter the industry. The pulp market spans into a multitude of industries, including textiles, paper, food and beverages, and automobiles. The use of wooden pulp in the field of furniture manufacturing, and for producing soft pieces used in the residential sector, has given an impetus to market growth. There is growing relevance of chemical research across several industries, and development of usable pulp is also an outcome of improved research. The revenues index of the global pulp market is expected to improve over the course of the next decade.
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- The value of the global pulp market has perpetually increased over the past decade. Pulp obtained from bamboo, jute, and grass is extensively used across a multitude of industries. In addition to this, the emergence of dedicated industries to manufacture wood pulp is an important dynamic of market growth. The next decade is slated to witness increased popularity of pulp made from straw, wheat, corn, and rice. This factor shall directly aid the growth of the global food and beverages industry in the times to follow. Cotton pulp is also in great demand across several industries, and this is an important dynamic of market growth.
- The textile industry has increased its research budget over the past few years. This trend shall result in easier procurement and manufacturing jute and flex pulp. Furthermore, hemp pulp is also gaining popularity across the textiles sector. The automobile industry has lately emerged as a prominent consumer of pulp in recent times. As end-use industries reconcile their manufacturing dynamics, the total volume of revenues within the global pulp market is set to multiply.
Pulp Market: Golden Age for 3D Printing Creating New Opportunities for Manufacturers
Manufacturers in the pulp market have been struggling to compete with the advantageous attributes of plastic in commercial and domestic commodities since the past few years. However, strict regulations by governments to impose a ban on plastic and its applications in various domains have created opportunity windows for players of the pulp market across various other industries.
Stakeholders are finding new alternatives for plastic, with raw materials such as wood, metal, plastic, textiles, and ceramics. These alternative materials are helping manufacturers in prototyping the attributes of plastic in commercial and domestic commodities. One such innovation is paper pulp 3D (3 Dimensional) printers that extrude the paper waste with a natural binder, which helps in creating aesthetically-pleasing 3D models.
