The global speciality paper market is estimated to be valued at nearly US$ 31 Bn in 2017 and is projected to reach approximately US$ 54 Bn by the end of 2027. Based on end-users, packaging & labelling industry is expected to remain dominant.
“Sales of specialty paper will reach nearly 25000 thousand tons in 2017, and this number is further estimated to exceed 40,000 thousand tons by 2027-end, according to a report by Future Market Insights (FMI).
FMI’s report projects the global specialty paper market to register a steady 5.2% volume CAGR during the forecast period 2017 to 2027. The market is estimated to exhibit an absolute $ opportunity of US$ 21.59 billion during the forecast period.”
Learn more about the major drivers in this article from PaperAge.
Making Paper out of Wheat Straw – the first modern paper mill is officially under construction in the sate of Washington to make this happen.
“On September 27 FeedStock (Chicago, Ill., USA) reported that for the past 15 years, environmental not-for-profit Canopy (Vancouver, Canada) has been advocating making paper from commercial agricultural residue a reality. Columbia Pulp, the first modern mill of its kind, is now slated to make pulp for paper and packaging out of wheat straw; it is now officially under construction in the state of Washington.
By securing the support of large consumer corporations and creating focused demand, Canopy claims it has helped position straw papers and packaging as a strong alternative to products made with virgin tree fiber. Through Canopy’s Second Harvest initiative, corporations such as Staples, EarthColor and more than 100 fashion brands have expressed clear interest in buying agricultural residue paper, packaging and/or textiles as they become available.”
Read more about it in this article from Naylor Network