Paperboard Recycling Market Scope
Paperboards are recycled after being generated from various end-users and then used for a variety of new purposes. Paperboards are recycled in order to reduce deforestation and excessive tree cutting. All of this is done to protect the environment as we know it for the future. Because recycling paperboards is the most efficient way to reduce pollution, conserve natural resources, save energy, and significantly reduce landfills, players in the global wood, paper, and paperboard recycling market have begun to implement policies that promote market growth.
|Unit||Value (USD Million)|
|Key Companies Profiled||International Paper (United States), Heinzel Group (Austria), BASF (Germany), DS Smith (United Kingdom), Cascades Recovery (Canada), Veolia Environment (France), Remondis (Germany), Kokusai Pulp & Paper (Japan), Huanjia Group (China) and Shandong Century Sunshine (China)|
The market for Paperboard Recycling is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Paperboard Recycling market throughout the predicted period.
International Paper (United States), Heinzel Group (Austria), BASF (Germany), DS Smith (United Kingdom), Cascades Recovery (Canada), Veolia Environment (France), Remondis (Germany), Kokusai Pulp & Paper (Japan), Huanjia Group (China) and Shandong Century Sunshine (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Perlen Papier (Demark) and ST Paper Resources (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
The study have segmented the market of Global Paperboard Recycling market by Type , by Application (Wrapping Paper, Printing-and-Writing Paper and Other) and Region with country level break-up.
On the basis of geography, the market of Paperboard Recycling has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2021.
Market Leaders and their expansionary development strategiesOn 2 November 2021, Lünen, Germany-based Remondis says it has acquired 100 percent of the shares in Veolia Recycling Solutions Nordic AB, a Sweden-based business unit of France-based Veolia.
On 14 FEBRUARY 2022 BASF develops label adhesives that do not interfere with paper recycling. According to BASF, the new adhesives, Acronal RCF 3705 and Acronal RCF 3706, are designed to be easily removed early in the recycling process for paperboard and cardboard streams. Both adhesives have been certified by the German research and service institute, Papiertechnische Stiftung (PTS), as not interfering with the recycling of transport boxes.
Paperboard Recycling Market Dynamics:
|Trends Influencing Market|
- Emergence Of New Technology In Paperboard Recycling Process
- Higher Initial Investment And Lack In Expertise To Manage These Systems In Developing Economies
- Costly Specialized Equipment And Lesser Of Paperboard Recycling
- Technical Issues Related To The Paperboard Recycling Services
- Growing Initiatives Of Governments Of Various Nations To Encourage Waste Paper Recycling
Key Target AudienceNew Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others