South Korea Bleached Kraft Pulp Market Report and Forecast 2024-2032

South Korea Bleached Kraft Pulp Market Size

The South Korea bleached kraft pulp market is projected to grow at a CAGR of 4.0% between 2024 and 2032. The market is being driven by the rising use of bleached kraft pulp in packaging applications.

South Korea Bleached Kraft Pulp Market Outlook

• The application of bleached kraft paper in newsprint paper is expected to remain popular in the coming years.

• Bleached hardwood kraft pulp is expected to become increasingly popular over the forecast period.

• Sustainable manufacturing practices are expected to facilitate the market expansion.

South Korea Bleached Kraft Pulp Market Growth

The upgradation of fibreline and recausticising lines of bleached kraft paper plants is expected to minimise water and energy requirements substantially, thereby having a favourable environmental impact. While removing the need for multiple pieces of equipment and eliminating the requirement for separate washing, the replacement of obsolete equipment can boost pulp cleanliness.

One of the key factors driving the market growth is key players ’ increasing attention towards minimising process variability. By utilising advanced process control (APC) systems in the mill’s recovery area, companies can achieve a better quality of lime and black liquor. During the process of brown stock washing, APC modules are utilised for setting the optimum defoamer charge and the dilution factor for obtaining clean kraft pulp without impacting the cost of fuel and using high quantities of bleach. This contributes towards improved operational efficiency and results in lower costs.

The packaging sector is expected to constitute a major portion of the market share. This is because the paper obtained from bleached kraft pulp is highly durable and can be moulded into various shapes. It is widely used for producing paperboard and is a preferred choice for manufacturing a wide range of containers and boxes.

South Korea Bleached Kraft Pulp Industry Segmentation

South Korea Bleached Kraft Pulp Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Process

• Mechanical

• Chemical

• Others

Market Breakup by Product

• Bleached Hardwood Kraft Pulp

• Bleached Softwood Kraft Pulp

Market Breakup by Application

• Packaging Paper

• Tissue Paper

• Graphic Paper

• Newsprint Paper

• Others

South Korea Bleached Kraft Pulp Market Share

Based on product, the market is divided into bleached hardwood kraft pulp and bleached softwood craft pulp. Over the forecast period, bleached hardwood craft pulp is expected to emerge as a leading market segment, driven by its wide ranging applications in the cosmetics, textile manufacturing, paper making, and packaging sectors, among others.

Leading Companies in the South Korea Bleached Kraft Pulp Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.

• MOORIM P&P

• Others

Major market players are expected to use chemical processes for manufacturing bleached kraft pulp over the forecast period.

Key Highlights of the Report