According to the latest report by IMARC Group, titled “North America Specialty Paper Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” the North America specialty paper market reached a volume of 9.8 Million Tons in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.6% during 2021-2026. Specialty paper is a superior quality paper designed and produced for performing specific functions. It is made by using composites, fibers and nano-based materials and pulp, such as cotton, recycled paper and wood chips. As compared to regular packaging papers, specialty papers offer enhanced moisture retention, improved fluid and microbial resistance, robustness, brightness, and elasticity.
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Market Trends and Drivers:
The rising product demand from the food and beverages and cosmetic industries is primarily propelling the growth of the specialty paper market in the North American region. Moreover, an expansion in the construction industry has stimulated the requirement for masking tape, which is further driving the market growth across the region. Furthermore, the increasing usage of specialty paper in the pharmaceutical sector is catalyzing the market growth. Leading players are consistently introducing innovative, lighter, stronger and better finish specialty papers, which is creating a positive outlook for the market.
Competitive Landscape with Key Players:
The competitive landscape of the North America specialty paper market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Highlights of the Market Segmentation:
Breakup by Type:
- Label and Release Papers
- Printing Papers
- Flexible Packaging Papers
- Rolling Papers
- Others
Breakup by Raw Material:
- Pulp
- Fillers and Binders
- Additives and Coatings
- Others
Breakup by Application:
- Packaging and Labeling
- Printing and Writing
- Industrial Use
- Building and Construction
- Others
Breakup by Country:
- United States
- Canada
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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