Demand for Sack Kraft Paper Market is Expected to Grow Significantly Over the Forecast Period 2016 – 2026
Sack Kraft paper is manufactured from either bleached softwood kraft or unbleached sulphate pulp having excellent mechanical strength and grammage. It is a porous in nature with excellent durability and tensile strength, and widely used for packaging of goods such as cements, fertilizers, minerals, chemicals (solid), animal feed products and food among others. It is mostly consumed in conversion of multiwall sack bags demanding for high strength and durability. Critical properties such as high tensile energy absorption (TEA) and low air resistance are indispensable in order to manufacture sack from Kraft paper.
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Sack Kraft paper can be easily recyclable and offers excellent printability, durability and porosity. It can be coated with high density polyethylene (HDPE) films, low density polyethylene (LDPE), jute and other materials which having same elongation properties. Sack Kraft paper is distinguished by elevated elasticity and it can be easily customized depends on end-user requirement. Based on its elasticity, sack kraft papers are commercially available in market which includes natural kraft paper, semi-extensible kraft paper, extensible kraft paper and coated kraft paper.
Sack Kraft Paper Market: Market Dynamics
Sack Kraft paper is an excellent alternative for plastic packaging and has found great applications across end-use industries such as cements, chemicals, agrochemicals, food and beverages, construction and packaging among others. Owing to its value added application across end-use industries, demand for sack kraft paper is expected to grow significantly over the forecast period. Cements and building materials industry is accounted for highest consumption of sack kraft papers, recent developments in infrastructure in developing economies is expected to augment the demand of sack kraft papers. However the sustainability of market is highly dependent on price and supply of raw materials – soft wood.
Sack Kraft Paper Market: Market Segmentation
Based on types, the global Sack Kraft Paper Market can be segmented as follow as;
Natural Sack Kraft Paper
Semi- Extensible Sack Kraft Paper
Extensible Sack Kraft Paper
Coated Sack Kraft Paper
Based on end-use industries, the global Sack Kraft Paper Market can be segmented as follow as;
Cements
Industrial and Building Materials
Chemicals
Agrochemicals
Animal Feed & Pet Food
Packaging
Others
Sack Kraft Paper Market: Regional Outlook
The market is well established in North America and western countries, and it is expected to grow linearly over the forecast period. Growing economies such as China, India and Brazil are expected to emerge as most attractive geographical segment in global Sack Kraft Paper Market. This is primarily because of rapidly expanding end-use industries such as construction, agrochemicals, chemicals and foods. Similarly, Latin America and MEA are expected to create opportunities for the sack kraft paper manufacturers, because of increasing demand for fast-moving consumer goods in these regions.
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Sack Kraft Paper Market: Key Players
Some of the key players in global sack kraft paper market are as follow as;
Primo Tedesco S.A.
Horizon Pulp & Paper Ltd.
Smurfit Kappa Group
KAPSTONE
Mondi Group
Tolko Industries Ltd.
ROXCEL Group of Companies
Nordic Paper AS
Forsac S.A.
Natron-Hayat D.O.O.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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