Wet Strength Agent Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.1 Billion by 2030, growing at a CAGR of 4.8% from 2024 to 2030.
The global Wet Strength Agent market was valued at approximately USD 1.2 billion in 2022 and is projected to reach around USD 1.7 billion by 2027. This growth represents a compound annual growth rate (CAGR) of 7.1% during the forecast period. The increase in demand for wet strength agents can be attributed to their essential role in enhancing the durability and performance of paper products in various end-use industries. The rising adoption of sustainable and eco-friendly products, coupled with advancements in paper and packaging technologies, is expected to drive market expansion significantly. Additionally, the increasing consumption of packaged goods and the growth of the e-commerce sector are anticipated to further boost the demand for wet strength agents.
Opportunity analysis reveals that emerging markets are expected to present significant growth potential due to industrialization and rising consumer disposable incomes. Regions such as Asia-Pacific and Latin America are witnessing accelerated demand for high-performance paper products, thereby creating lucrative opportunities for market players. Moreover, the emphasis on innovative and sustainable solutions within the paper manufacturing sector is likely to foster new market entrants and product developments. The evolving regulatory landscape, promoting the use of environmentally friendly chemicals, is anticipated to further enhance market opportunities for wet strength agents, making it a promising sector for investment and growth.
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Solenis
Kurita
BASF
SEIKO PMC CORPORATION
CP Kelco
Arakawa Chemical Industries
Ltd.
BIP (Oldbury) Ltd
HarperLove
USK KIMYA A.S.
Taoka Chemical Co. Ltd.
K-TECH LIMITED.
Bodo Moller Chemie Group
Chang Chun Group
Shandong Tiancheng Chemical Co. Ltd.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Wet Strength Agent Market
Sanitary Tissues
Paper Currency
Packaging Application
Others
Based on Types the Market is categorized into Below types that held the largest Wet Strength Agent market share In 2023.
PAE-Resins
Urea Formaldehyde Resins
Melamine Formaldehyde Resins
Glyoxal Resins
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Wet Strength Agent Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Wet Strength Agent Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Wet Strength Agent Market, By Type
6. Global Wet Strength Agent Market, By Application
7. Global Wet Strength Agent Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Wet Strength Agent Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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