Paper Processing Resins Market Size

Paper Processing Resins Market size was over USD 85.37 Million in 2023 and is poised to cross USD 169.14 Million by the end of 2036, witnessing more than 5.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of paper processing resins is estimated at USD 89.52 Million. This progress is owing to the increasing demand for superior quality paper across innumerable industries such as education, entertainment, packaging, research, and others. More than 350 million metric tons of paper and cardboard are produced across the world every year, which is projected to drive the paper processing resins market.

Paper processing resins are additives used during the production of paper to alter its physical characteristics, such as texture, strength, thickness, and durability as well as to improve its chemical, heat, and water resistance. The booming paper & pulp industry has been increasingly embracing paper processing resins in the manufacture of high-quality paper to meet global demand. For instance, the production of paper and cardboard worldwide is known to cross 400 million metric tons every year. Growing demand for innovative packaging systems from various industries, owing to the demand for paper and duplex board for the efficient package, is boosting the paper processing resins market.  The strong prevalence of printed and aesthetic design in the building and construction industry has boosted the demand for interior designing which lead to demand for design papers such as wallpaper. Owning to this, the growth of paper processing resins seems to rise. However, the production of digital magazines, e-books, e-news, and social media platforms is projected to hamper the growth of this market.