The impact of COVID-19 pandemic can be felt across the chemical industry. The growing inability in the production and manufacturing processes, in the light of the self-quarantined workforce has caused a major disruption in the supply chain across the sector. Restrictions encouraged by this pandemic are obstructing the production of essentials such as life-saving drugs.
The nature of operation in chemical plants that cannot be easily stopped and started, makes the operational restrictions in these plants a serious concern for the industry leaders. Restricted and delayed shipments from China have created a price hike in the raw materials, affecting the core of the chemicals industry.
The slacking demand from different impacted industries such as automotive is negatively influencing the growth of the chemical industry. In light of the current crisis, the market leaders are focused to become self-reliant which is expected to benefit the economic growth of different economies in the longer term. Companies are triggering events to restructure and recover from the losses incurred during the COVID-19 pandemic.
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In the recent past, major problems that have challenged the development of pulp and paper industry include contamination of environment, shortage of resources and level of the technical equipment. One of the key factor is shortage of raw material resources, which is primarily due to contradiction between structure of raw material and the fiber resources. Thus, non-wood fiber possess a variety of excellent properties in both optical and physical aspects that can be utilized to improve their products. Currently, non-wood fiber accounts for only a small share of raw material for paper and paperboard, however it is expected to grow in coming years.
Demand for the paper has witness continuous growth in the past 5 decades, however in the coming year growth will be reduced because the existing wood resources may be inadequate to meet this demand for paper primarily in APAC and European region. Moreover, increasing environmental concerns pertaining to habitat destruction and other longer term impacts of forest harvesting. It is necessary to utilize alternative fiber sources such as non-wood fiber, which are available in significant quantity and also one of the major source of fiber for papermaking across the developing economies.
Global Non-Wood Fiber Market: Dynamics
Demand for the non-wood fiber for papermaking is expected to witness continuous growth in the developed economies such as North America and Europe, due to the various environmental concerns such as disposal of agricultural residues and depleting forest resources. Further, non-wood fiber possess various advantages as compared to that of wood fiber such as they consume less water and fertilizers, they can reduce deforestation and also reduce emission of carbon dioxide and carbon monoxide that arises from burning of waste agricultural residues
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Utilization of non-wood fiber possess various advantages over its counterparts, however they have various problems pertaining to their collection & transportation, handling and storage, bleaching, washing and chemical recovery, etc. Moreover, availability of constant supply of fiber is one of the primary concern for the paper mills. The aforementioned reasons are expected to act as a restraining factor for the global non-wood fiber market.
Increasing preference of bamboo as non-wood fiber material for the production of pulp and paperboard is found to be one of the key trends in the global non-wood fiber marketplace. Bamboo has emerged as one of the important raw material for papermaking in order to mitigate the shortage of wood resources primarily in the East Asia region.
Global Non-Wood Fiber Market: Segmentation
Globally, the Non-Wood Fiber market can be segmented on the basis of source, category and application
Based on the source, the global non-wood fiber market can be segmented into,
- Others (Cotton, jute, etc.)
Based on the category, the global non-wood fiber market can be segmented into,
- On-Purpose or Dedicated
- Agricultural Residues
- Industrial Residues
- Naturally Occurring Uncultivated Crops
Based on the application, the global non-wood fiber market can be segmented into,
- Pulp Production
Global Non-Wood Fiber Market: Regional Outlook
Considering regions, globally the non-wood fiber market is found to be led by Asia-Pacific region and is expected to continue its dominance in the market throughout the forecast years. Continuous rise in population and economic expansion across the China and India has led to an increased demand for quality value-added products such as paperboard and paper, etc. In order to meet this demand, Pulp and Paper industry across these countries has expanded greatly during the past few decades. Asia-Pacific regions is expected to be followed by European countries in the global non-wood fiber over the coming years. North America, spearheaded by U.S. is anticipated to witness moderate growth rate over the coming years in global non-wood fiber market. Middle East & Africa and Latin America region are anticipated to account for small share in the overall consumption of non-wood fiber owing to the very low production of pulp and paper across the region
Global Non-Wood Fiber Market: Market Participants
Key players involved in the global Non-Wood Fiber market include
- Shanghai Tenbro Bamboo Textile Co. Ltd.
- Bamboo Australia Pty Ltd.
- EcoPlanet Bamboo
- Jiangxi Kangda Bamboo Ware Group Co.
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