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Pulp & Paper Enzymes Market Size

Report ID: GMI1995
Published Date: Apr 2023
Report Format: PDF

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Pulp & Paper Enzymes Market Size

Pulp & Paper Enzymes Market size surpassed USD 170 million in 2022 and is estimated to record over 5% CAGR from 2023 to 2032 driven by the high consumer preference for sustainable and eco-friendly products.

Pulp & Paper Enzymes Market

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In recent years, the packaging business has witnessed a considerable increase in demand for sustainable alternatives. Concerns over single-use plastic waste and changing consumer attitudes are two factors pushing the usage of paper packaging, thereby fueling the expansion of the pulp & paper enzymes industry. Furthermore, fast-moving consumer goods (FMCG) companies are offering to incorporate an environmental, social, and governance (ESG) components into packaging to address numerous environmental issues.

Pulp & Paper Enzymes Market Report Attributes
Report Attribute	Details
Base Year:	2022
Pulp & Paper Enzymes Market Size in 2022:	USD 170 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	5%
2032 Value Projection:	USD 310 Million
Historical Data for:	2018 to 2022
No. of Pages:	200
Tables, Charts & Figures:	561
Segments covered:	Product, Application, and Region
Growth Drivers:	Boost in paper production due to rising awareness of education Increasing usage of stationary in a corporate office Rising demand for sustainable and eco-friendly products
Pitfalls & Challenges:	Shift towards digitalization and paperless communication

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Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of pulp & Paper Enzymes valued at USD 170 million in 2022 and is anticipated to grow at over 5% CAGR through 2032 owing to the growing consumer preference for sustainable and eco-friendly products.

The surface coating application segment is set to witness around 5% growth rate up to 2032 attributed to the rising demand for coatings from the automotive manufacturing sector.

Asia Pacific market is estimated to reach USD 129 million by 2032 due to the rising trend of lightweight packaging cardboard boxes for logistics purposes.

Enzyme Solutions, Advanced Enzymes, Rossari Biotech, Novozymes, Dupont, Nature Bioscience, KPS Bio, MAPS Enzyme Limited, Afrizymes, BASF SE, Biotech, Epygen Labs FZ LLC, Aum Enzymes, Megazyme Limited, and AB Enzymes are some of the top enterprises operating in the industry.