The global specialty paper market is currently valued at around 28 million metric tons and is expected to surpass 33 million metric tons by 2021, says Technavio.
Technavio has announced its latest market research report on the global specialty paper market, under its packaging portfolio. This market analysis discusses the major drivers and key emerging trends and offers an analysis of key vendors such as Domtar, Fedrigoni, International Paper, Mondi, and Stora Enso.
According to Sharan Raj, a lead analyst for research on packaging at Technavio, “One of the primary end-users of the market is the healthcare sector. Due to the high-clarity performance of specialty thermal papers, they are used for ultrasound printouts. The printouts provide high-definition images, which makes it easy for the doctors to interpret the results.”
Thermal papers have specialty coating on them. When heat is applied on thermal paper, it gives a sharp, clear image. Manufacturers are shifting toward the use of specialty thermal paper as they offer increased clarity and high-definition images. Healthcare, laundry care, and retail are some of the key end-user segments of specialty thermal papers.
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Implementation of biomaterials in paper manufacturing
The need to counteract the rapid growth of digitization, which is suppressing the demand for papers, is prompting vendors in the market to adopt strategies such as the incorporation of biomaterials in the paper. Furthermore, biomaterials are more sustainable, especially when compared with traditional raw materials, encouraging more companies to transition towards the manufacture of paper with biomaterials.
Increased use of micro-fibrillated cellulose (MFC) in paper-based packaging
With the use of MFC, important properties such as the internal strength of the material and stiffness are maintained, at the same time, maintaining less weight. MFC is also biodegradable and has efficient barrier properties that eliminate the ingress of oxygen and other gaseous compounds. Owing to such advantages, MFCs are being used increasingly in paper-based packaging.
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This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. An analysis of the key companies, including their market shares, business overview, key financials, etc. is provided in this study. This market study also provides a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Global Specialty Paper Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Synthetic Paper Market 2016-2020
- Global Industrial Tapes Market 2016-2020
- Global Pressure-sensitive Adhesives Market 2016-2020
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