What is Global Bleached Chemi-Thermous Mechanical Pulp (BCTMP) Market?
The Global Bleached Chemi-Thermous Mechanical Pulp (BCTMP) Market is a vast and complex industry that deals with the production and distribution of BCTMP, a type of pulp used in various industries. This pulp is produced through a chemical and thermal mechanical process, which gives it unique properties that make it highly desirable in various applications. The global market for BCTMP is vast, with a value of US$ 2233 million in 2022. It is projected to grow at a steady pace, reaching a value of US$ 2447 million by 2029. This growth is driven by the increasing demand for BCTMP in various industries, including paperboard, coated and uncoated papers, tissue and towel, specialty and others.
Hardwood BCTMP, Softwood BCTMP, Others in the Global Bleached Chemi-Thermous Mechanical Pulp (BCTMP) Market:
The Global Bleached Chemi-Thermous Mechanical Pulp (BCTMP) Market is segmented into three main types: Hardwood BCTMP, Softwood BCTMP, and Others. Each type has its unique properties and uses, making them suitable for different applications. Hardwood BCTMP is made from hardwood trees like oak, maple, and birch. It is known for its strength and durability, making it ideal for use in heavy-duty applications like paperboard and coated papers. Softwood BCTMP, on the other hand, is made from softwood trees like pine, spruce, and fir. It is softer and more flexible than hardwood BCTMP, making it suitable for use in applications like tissue and towel. The Others category includes BCTMP made from other types of trees or a mix of hardwood and softwood. Each type of BCTMP has its market, with Softwood BCTMP being the largest segment with a share of 58%.
Paperboard, Coated and Uncoated Papers, Tissue and Towel, Specialty and Others in the Global Bleached Chemi-Thermous Mechanical Pulp (BCTMP) Market:
The Global Bleached Chemi-Thermous Mechanical Pulp (BCTMP) Market finds its usage in various areas. One of the primary uses of BCTMP is in the production of paperboard. Paperboard is a thick, heavy paper used for packaging and graphic printing. BCTMP gives the paperboard strength and durability, making it ideal for these applications. BCTMP is also used in the production of coated and uncoated papers. Coated papers are papers coated with a layer of materials like clay or latex to give them a smooth, glossy finish. Uncoated papers, on the other hand, are not coated, giving them a rougher, more natural finish. BCTMP is used in both types of papers to give them strength and flexibility. Another significant use of BCTMP is in the production of tissue and towel. BCTMP gives the tissue and towel softness and absorbency, making them ideal for these applications. Lastly, BCTMP is also used in specialty applications like filters, insulation, and others.
Global Bleached Chemi-Thermous Mechanical Pulp (BCTMP) Market Outlook:
The global Bleached Chemi-Thermous Mechanical Pulp (BCTMP) market has shown a steady growth trend, with a value of US$ 2233 million in 2022 and an expected value of US$ 2447 million by 2029. This growth is attributed to a compound annual growth rate (CAGR) of 1.3% during the forecast period of 2023-2029. The market is dominated by the top three BCTMP players, who collectively account for approximately 46% of the total global market. Geographically, Europe is the largest consumer market for BCTMP, accounting for about 25% of the total consumption. This is followed by North America and China. In terms of type, Softwood BCTMP is the most popular, accounting for 58% of the market share. This dominance is due to its versatility and wide range of applications in various industries.
| Report Metric | Details |
| Report Name | Bleached Chemi-Thermous Mechanical Pulp (BCTMP) Market |
| Accounted market size in 2023 | US$ 2233 million |
| Forecasted market size in 2030 | US$ 2447 million |
| CAGR | 1.3% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
|
| Segment by Application |
|
| Production by Region |
|
| Consumption by Region |
|
| By Company | West Fraser, Paper Excellence Canada, METSA FIBRE, Millar Western, Waggeryd Cel, Pan Pac Forest Products, Canfor, Winstone |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
