Market Overview:
The global wet strength agent market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for wet strength agents from end-use applications such as sanitary tissues, paper currency, packaging application, and others. In terms of type, PAE-resins are expected to dominate the global wet strength agent market during the forecast period owing to their properties such as high water resistance and chemical resistance. In terms of region, Asia Pacific is projected to be the fastest growing region during the forecast period owing to factors such as rising population and rapid industrialization in countries such as China and India.
Product Definition:
A wet strength agent is a chemical compound used in papermaking to confer increased wet strength to the paper. This is important because it allows the paper to resist breaking down when it gets wet, which is essential for items like newspapers and tissue paper that are regularly exposed to moisture.
PAE-Resins:
Polyacrylate-based resins are cross-linked polymer networks that exhibit superior properties such as high wet strength, adhesion and hardness. PAE resins are used in the manufacturing of wet strength agents which find application in concrete admixtures, road marking fluids and waterproofing compounds among others.
Urea Formaldehyde Resins:
Urea-formaldehyde resins are widely used in the production of wet strength agents. These resins have high demand as they provide excellent strength to the agent with very low water content. Urea-formaldehyde resin is a composite material, which contains 50% by weight of urea and formaldehyde mixed together for better effectiveness. The product has applications in various industries such as agriculture, automotive, construction and furniture among others.
Application Insights:
Packaging application led the global market and accounted for more than 35.0% share of the overall revenue in 2017. The growth can be attributed to increasing demand for corrugated boxes, flexible packaging, industrial foils and others from various end-use industries such as pharmaceuticals, food & beverages and cosmetics among others.
The paper currency segment is expected to witness significant growth over the forecast period owing to rising printing activities in countries including China India Japan Vietnam Indonesia Philippines Thailand Malaysia etcetera due to growing population base increase in spending power of consumers government initiatives promoting cashless economy are likely to augment industry expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The region is anticipated to expand at a CAGR of XX% from 2018 to 2030 owing to increasing construction spending by consumers, governments, and businesses in emerging economies such as China, India, Indonesia among others. In addition, rising population coupled with growing income levels will drive demand for housing which will propel product demand further over the coming years.
The Asia Pacific sanitary tissue market was valued at USD X million in 2017 and it is projected to grow rapidly on account of rapid urbanization along with increasing consumer disposable income levels that result into higher spending on household goods including toilet paper products among others.
Growth Factors:
- Increasing demand from end-use industries such as packaging, construction, and automotive
- Rising disposable income of consumers in developing countries
- Technological advancements in wet strength agent production process
- Growing popularity of environmentally friendly products
- Expansion of global trade
Scope Of The Report
Report Attributes
Report Details
Report Title
Wet Strength Agent Market Research Report
By Type
PAE-Resins, Urea Formaldehyde Resins, Melamine Formaldehyde Resins, Glyoxal Resins, Others
By Application
Sanitary Tissues, Paper Currency, Packaging Application, Others
By Companies
Solenis, Kurita, BASF, SEIKO PMC CORPORATION, CP Kelco, Arakawa Chemical Industries,Ltd., BIP (Oldbury) Ltd, HarperLove, USK KIMYA A.S., Taoka Chemical Co., Ltd., Solenis, Bodo Moller Chemie Group, Chang Chun Group, Shandong Tiancheng Chemical Co., Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Wet Strength Agent Market Report Segments:
The global Wet Strength Agent market is segmented on the basis of:
Types
PAE-Resins, Urea Formaldehyde Resins, Melamine Formaldehyde Resins, Glyoxal Resins, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Sanitary Tissues, Paper Currency, Packaging Application, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Solenis
- Kurita
- BASF
- SEIKO PMC CORPORATION
- CP Kelco
- Arakawa Chemical Industries,Ltd.
- BIP (Oldbury) Ltd
- HarperLove
- USK KIMYA A.S.
- Taoka Chemical Co., Ltd.
- Solenis
- Bodo Moller Chemie Group
- Chang Chun Group
- Shandong Tiancheng Chemical Co., Ltd.
Highlights of The Wet Strength Agent Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PAE-Resins
- Urea Formaldehyde Resins
- Melamine Formaldehyde Resins
- Glyoxal Resins
- Others
- By Application:
- Sanitary Tissues
- Paper Currency
- Packaging Application
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wet Strength Agent Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wet strength agents are chemicals that increase the water's ability to hold onto soil and other materials.
Some of the major companies in the wet strength agent market are Solenis, Kurita, BASF, SEIKO PMC CORPORATION, CP Kelco, Arakawa Chemical Industries,Ltd., BIP (Oldbury) Ltd, HarperLove, USK KIMYA A.S., Taoka Chemical Co., Ltd., Solenis, Bodo Moller Chemie Group, Chang Chun Group, Shandong Tiancheng Chemical Co., Ltd..
The wet strength agent market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wet Strength Agent Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wet Strength Agent Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wet Strength Agent Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wet Strength Agent Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wet Strength Agent Market Size & Forecast, 2020-2028
4.5.1 Wet Strength Agent Market Size and Y-o-Y Growth
4.5.2 Wet Strength Agent Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 PAE-Resins
5.2.2 Urea Formaldehyde Resins
5.2.3 Melamine Formaldehyde Resins
5.2.4 Glyoxal Resins
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Sanitary Tissues
6.2.2 Paper Currency
6.2.3 Packaging Application
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wet Strength Agent Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wet Strength Agent Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 PAE-Resins
9.6.2 Urea Formaldehyde Resins
9.6.3 Melamine Formaldehyde Resins
9.6.4 Glyoxal Resins
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Sanitary Tissues
9.10.2 Paper Currency
9.10.3 Packaging Application
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 PAE-Resins
10.6.2 Urea Formaldehyde Resins
10.6.3 Melamine Formaldehyde Resins
10.6.4 Glyoxal Resins
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Sanitary Tissues
10.10.2 Paper Currency
10.10.3 Packaging Application
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 PAE-Resins
11.6.2 Urea Formaldehyde Resins
11.6.3 Melamine Formaldehyde Resins
11.6.4 Glyoxal Resins
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Sanitary Tissues
11.10.2 Paper Currency
11.10.3 Packaging Application
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 PAE-Resins
12.6.2 Urea Formaldehyde Resins
12.6.3 Melamine Formaldehyde Resins
12.6.4 Glyoxal Resins
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Sanitary Tissues
12.10.2 Paper Currency
12.10.3 Packaging Application
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 PAE-Resins
13.6.2 Urea Formaldehyde Resins
13.6.3 Melamine Formaldehyde Resins
13.6.4 Glyoxal Resins
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Sanitary Tissues
13.10.2 Paper Currency
13.10.3 Packaging Application
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wet Strength Agent Market: Competitive Dashboard
14.2 Global Wet Strength Agent Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Solenis
14.3.2 Kurita
14.3.3 BASF
14.3.4 SEIKO PMC CORPORATION
14.3.5 CP Kelco
14.3.6 Arakawa Chemical Industries,Ltd.
14.3.7 BIP (Oldbury) Ltd
14.3.8 HarperLove
14.3.9 USK KIMYA A.S.
14.3.10 Taoka Chemical Co., Ltd.
14.3.11 Solenis
14.3.12 Bodo Moller Chemie Group
14.3.13 Chang Chun Group
14.3.14 Shandong Tiancheng Chemical Co., Ltd.
