India Pulp & Paper Chemicals Market Analysis: Plant capacity, Production, Operating Efficiency, Process, Technology, Demand & Supply, End Use, Sales Channel, Region, Competition, Trade, Market Analysis (2015-2030)

[Online Quarterly Update] India Pulp & Paper Chemicals demand stood at 0.6 Million Tonnes in FY2021 and is forecast to reach 1.04 Million Tonnes by FY2030, growing at a healthy CAGR of 6.40% until FY2030. Due to the increasing population, the rise in per capita consumption of paper is observed that is actively influencing the market growth in the future years. The increase in spending on personal hygiene increased the growth of chemicals in India is another market influencing factor. The requirement of high-quality paper for packaging materials in e-commerce activities might escalate the demand for chemicals. The production of specialty additives may also play an important role in supporting the growth of the market. Also, the establishment of major paper industries in India accounts for the rise in demand for Pulp & Paper chemicals. COVID-19 pandemic had a severe impact on the market, in general, and disrupted the Indian economy. Rising number of patients suffering from the infection and rapidly evolving virus created death scare for the whole population at large. The government imposed the lockdown to contain the spread of the virus that further resulted in disabling market growth. The manufacturing units were closed for a significant amount of time, and it disturbed the distribution channels. The government is slowly controlling the consequences, and steadily market is regaining its composure. With a steady CAGR in the upcoming forecast years, the market may grow and present as a potential investment for the new market player that supports the market growth in the future. The shift of the educational sector from working on offline platforms to online platforms affected market growth mostly and is anticipated to affect the market growth in future forecast years too.

 

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Years Considered for Analysis:

 Historical Years: FY2015– FY2020

 Base Year: FY2021

 Estimated Year: FY2022

 Forecast Period: FY2023 – FY2030

 

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