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(Publishing-NewsWire.com, December 06, 2021 ) Paper Machine Systems Market is estimated to reach $2.6 billion by 2026, growing at a CAGR of 5.5% from 2021 to 2026. The paper machine systems are paper manufacturing machineries with broader market prospects. Machineries used for manufacturing of paper, tissues, napkins are used by various end users owing to their speed versatility ranging from low to high along with their dynamic coating ability are driving the market growth. Emerging kraft process machineries that provide cost effectiveness, higher productivity, lower life cycle cost and dynamic product quality are also driving the growth of the market. Adoption of paper producing blow through systems and vacuum systems by the various industries, rise in demand for tissues and napkins, growth of end users along with high demand of requirement in quality control systems and packaging and folding of food and goods are boosting the growth of the market.
Paper Machine Systems Market Segment Analysis – By Types
By types the market is segmented into multilayer head boxes and air padded head boxes. Multilayer head boxes are dominating the market with 77% share in 2020 owing to their construction, versatility and more industrial use. In multilayer hydraulic head boxes are gaining popularity in market level. Hydraulic head boxes owing to the absence of airpads can withstand the high stock pressures required to accelerate at a high machine speed. Multilayer head boxes are widely used in manufacturing of soft tissues that are being used for various personal and home remedies which is boosting the growth of the market.
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Paper Machine Systems Market Segment Analysis – Application
By application the market is segmented into Pulp & Paper industry, Packaging Industry, healthcare, manufacturing, Food and Beverages, Education and Stationary and others. Pulp and Paper industry is dominating the growth of the market at 6.6% CAGR through 2026 owing to the wide use of paper goods in packaging and storing of food items. Various types of paper grades like folding boxboard, white line chipboard, solid bleached surface, parchment paper, filter paper and others are used for packaging of various food materials and additives which is aiding to the growth of the market. Furthermore, the rise in well packed branded food materials is also fueling the growth of the market. Packaging of dry foods is generally done by paperboard along with shipping of the boxes, trays and cartoons. Sulphite paper manufactured using wood pulp in the paper and pulp industries is used for the temporary packaging of the food items. Parchment paper manufactured using paper pulp is used in packaging of butter and lard in the Food and Beverages industry influencing the growth of the market.
Paper Machine Systems Market Segment Analysis – By Geography
Asia Pacific dominated the Paper Machine System Market share and is projected to grow at a CAGR of 7.0% in 2020 owing to the large number of manufacturers, surge in adoption of new machineries for paper processing along with the growth in population. The key players in the APAC region are manufacturing the paper products and tissues owing to the rising demand of the tissues for the various personal and homecare applications. The rise in demand for packaging of food materials is also responsible for the growth of this region. Along with this, APAC region is also focusing on sustainable paper based solutions due to which manufacturers are trying to build new and emerging paper machine systems. Furthermore, new functional paper packaging along with optimal protection of goods in food packaging is aiding the growth of the market in this region.
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Paper Machine Systems Market Drivers
Rising demand for paper machineries in various regions:
Surge in adoption of emerging machineries along with rise in paper machineries with increased productivity, improved paper quality and energy savings are resulting in the growth of the paper Machine System Market. The key players are manufacturing fast and wide paper machines to meet the need of the demanding population. Furthermore, the rise in population globally is leading to the more and more use of paper, tissues, table napkins, towels and others owing to the rise in personal and homecare uses. In addition, rise of population has also resulted in growth of educational and stationary sectors thereby driving the growth of the market.. Requirement for fast, flexible, cost effective machineries for paper production has also driven the growth of the market.
Rise in use of paper products in end use industries:
Rise in use of paper products in end use industries like healthcare, manufacturing, food and Beverages and others has driven the growth of the market. The production of papers with different pulps like chemical pulp, wooden pulp, paper pulp and others are leading to the use of these papers in various industries especially in the food and beverages for the packing process. Tissues and napkins are also widely being used in the healthcare sector for the surgical procedures, personal remedies and others. Manufacturing of different grades of paper for storing of food along with the wide use in the educational sectors are boosting the growth of the market. Owing to the rise in end use industries there is rise in use of the various paper producing machineries for production of paper and tissues thereby fueling the growth of the market.
Paper Machine Systems Market Challenges
Lack of technical growth and modern equipment in APAC:
Some of the paper mills are facing the lack of technological growth in the recent times in the APAC region. Owing to the high production cost along with undeveloped units in the pulp and paper mills there is lack of the technological advancements leading to the low production and low use of paper machineries. Along with this, the challenges regarding inefficient financing are also hindering the technological growth of the paper industries hindering the growth of the market. Some of the underdeveloped countries are lacking modern machines and equipment along with the lack of repair facilities resulting in production disruption. Poor power supply, raw material crises, absence of business farsightedness and others are also hindering the growth of the market.
Paper Machine Systems Market Landscape
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Paper Machine Systems Market are given in this report. Paper Machine Systems Market is dominated by major companies such as S.L. Paper Machines LLP Toscotec SPA, Burgo Benelux, Technicarton, Zhaohan Vaccum Pump Limited, International Paper Company, Georgia-Pacific LLC, Stora Enso, Kimberly Clark Corporation, UPM, Oji Paper among Others.
In January 2020, ALLIMAND Paper Machine Group launched a new generation S4 hydraulic headbox.
In January 2019, South India Paper Mills invested in Intelli –Jet Hydraulic Head box in Tandem Configuration. This product is set to be deployed by 2020.
Adoption of advanced machineries with flexibility, cost effectiveness and versatility in various regions for high quality paper production along with fulfillment of demands related to the packaging is driving the growth of the market.
Owing to the wide use of paper and paper boards in packaging, Food and Beverages Industries are witnessing a significant growth in the market.
APAC is dominating the market owing to the rise in major key players, surge in adoption of new technology paper producing machineries and rise in demand of papers and tissues for various home and personal remedy applications.
Inefficient industrial planning, non-existence of R&D along with development and training facilities, rising market competition, under-utilization of capacities among others are hindering the growth of the market.
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