The Dissolving Pulp Market is estimated to be valued at US$ 5,540.34 million in 2023 and is expected to exhibit a CAGR of 3.3% over the forecast period 2023-2032, as highlighted in a new report published by Coherent Market Insights
Regionally, Asia Pacific is anticipated to be the fastest-growing and dominating region in the dissolving pulp market. The region has a significant presence of key players and is witnessing increased investments in the textile and packaging industries.
The global dissolving pulp market is expected to witness high growth, exhibiting a CAGR of 3.3% over the forecast period (2023-2032), due to increasing demand for cellulose-based products in various industries.
Key players operating in the dissolving pulp market include Sappi Limited, Rayonier Inc, Nippon Paper Industries Co., Ltd., Bracell, Tembec Inc., The Lenzing Group, Aditya Birla Group, Phoenix Pulp Paper Public Co., Ltd., Sun Paper Group, and Yueyang Forest Paper Co Ltd. These players have a strong market presence and are actively involved in research and development activities to enhance the product portfolio and expand their geographical reach.
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