World Pulp & Paper Chemicals

Transcription

1 Freedonia Industry Study #1205 World Pulp & Paper Chemicals Study Publication Date: January 2000 Price: $4,400 Pages: 401 World Pulp & Paper Chemicals, a new study from The Freedonia Group, is designed to provide you with an indepth analysis of the major trends in the world market for pulp and paper chemicals -- critical information to help you with strategic planning. This brochure gives you an indication of the scope, depth and value of Freedonia's new study, World Pulp & Paper Chemicals. Ordering information is included on the back page of the brochure. Brochure Table of Contents Study Highlights... 2 Study Table of Contents and List of Tables and Charts... 4 Sample Pages and Tables from: Market Environment... 6 Pulp & Paper Chemicals Market Overview... 7 Supply and Demand by Region & Country... 8 Market Share... 9 Company Profiles List of Companies Profiled Forecasting Methodology About the Company Advantages of Freedonia Reports About Our Customers Related Studies Ordering Information... 16

2 Global Demand Study Highlights World demand for pulp and paper chemicals is forecast to increase 3.9 percent per year to nearly 78 million metric tons in 2003, valued at $36 billion, with volume gains slightly outpacing production of paper and board over the same period. From negligible levels in 1989, alternatives to chlorine bleaching, primarily ECF (elemental chlorine-free) pulping, accounted for nearly 60 percent of world bleached pulp production in 1998, including essentially 100 percent of West European output. Another major trend in the global paper industry is the greater use of recycled wastepaper at the expense of virgin pulp. This trend is promoting strong demand for recycling and deinking chemicals (particularly polyaluminum chloride and sodium silicates) at the expense of traditional pulping chemicals (such as caustic soda). Further downstream, higher quantities of secondary fiber in paper are promoting demand for various specialty additives required to improve the paper s final properties, including wet and dry strength resins, retention and drainage aids, and defoamers, among others. The pulp and paper chemical market will benefit from the aboveaverage gains forecast for printing and writing papers, which will promote demand for pigments and fillers, sizing agents and specialty materials such as paper coatings. Industry Structure and Participants In 1998, the top nine suppliers -- Dow Chemical (US), Akzo Nobel (through Eka Chemicals -- Netherlands), IMERYS (France), BASF (Germany), Pluess-Staufer (through Omya -- Switzerland), DuPont (US), Hercules (US), Elf Atochem (France) and Clariant (Switzerland) -- accounted for 24 percent of the total. The concentration level among top suppliers is attributable to the hundreds of chemicals used in the paper industry, although each segment has clear global leaders. Dow, for instance, is a leader in both caustic soda, a commodity product, and SB latex, a specialty coating. IMERYS, with its 1999 acquisition of English China Clays, is the world leader in clays, while Eka Chemical is the largest supplier of sodium chlorate and a major supplier of various specialty additives. Freedonia Industry Study 2

3 Study Highlights World Pulp & Paper Chemical Demand by Type, 1998 (thousand metric tons) Pigments & Fillers 39.1% Pulping Chemicals 24.3% Bleaching Chemicals 14.1% Sizing Agents, Coatings & Other 17.7% Recycling & Deinking Chemicals 4.8% World Pulp & Paper Chemical Demand by Type (thousand metric tons) % Annual Growth Item /93 03/98 Paper & Board Prdn (mil metric tons) kgs P&P chemicals/ton of paper Pulp & Paper Chemicals Demand Sample Table Pigments & Fillers Pulping Chemicals Bleaching Chemicals Recycling & Deinking Chemicals Sizing Agents, Coatings & Other average $/metric ton Pulp & Paper Chemicals Demand (mil $) Copyright by The Freedonia Group, Inc. Order form on last page 3

4 Table of Contents Tables and charts are featured for each region and country. Historical data and forecasts are presented for 1989, 1993, 1998, 2003 and Population (mil persons) GDP per capita Gross Domestic Product (bil US 97$) kgs paper per capita kgs paper per 000$ GDP Pulp Production Wastepaper Demand Paper & Board Production (mil metric tons) Printing & Writing Paper Other Paper & Paperboard Pulp & Paper Chemicals Demand Pulping & Deinking Chemicals Pulping Chemicals Recycling & Deinking Chemicals Bleaching Chemicals Pigments & Fillers Sizing Agents, Coatings & Other I. EXECUTIVE SUMMARY Summary Table...3 II. III. MARKET ENVIRONMENT General...4 World Economic Overview...6 Table - World Gross Domestic Product by Region...8 World Population Overview...8 Table - World Population by Region...9 World Pulp & Paper Overview Table - World Pulp & Paper & Board Production & Fiber Requirements Paper & Board Production Table - World Paper & Paperboard Production by Region & Type Pulp Production Pulp Production by Region & Type Table - World Pulp Production by Region & Type. 18 Chemical Pulp Production by Type & Process Table - World Chemical Pulp Production by Type & Process Wastepaper Demand by Region Table - World Wastepaper Demand by Region Pulping Technology Chemical Pulping Mechanical Pulping Semichemical Pulping Nonwood Pulps Wastepaper Pulping & Deinking Bleaching Technology Papermaking Technology Chart - Pulp & Paper Production Flowchart WORLD PULP & PAPER CHEMICALS DEMAND BY TYPE General Table - World Pulp & Paper Chemical Demand by Type Pulping & Deinking Chemicals Table - World Pulping & Deinking Chemical Demand by Type Suppliers of Pulping & Deinking Chemicals Chart - World Market Share for Pulping & Deinking Chemicals by Company, Pulping Chemicals Table - World Pulping Chemical Demand by Type Caustic Soda Lime Elemental Sulfur Soda Ash Other Pulping Chemicals Deinking & Recycling Chemicals Table - World Deinking & Recycling Chemical Demand Bleaching Chemicals Freedonia Industry Study

5 IV. Table - World Bleaching Chemical Demand by Type Suppliers of Bleaching Chemicals Chart - World Market Share for Bleaching Chemicals by Company, Sodium Chlorate Chlorine Oxygen & Ozone Sodium Hydrosulfite Hydrogen Peroxide Pigments & Fillers Table - World Demand for Pigments & Fillers in Pulp & Paper by Type Suppliers of Pigments & Fillers Chart - World Market Share for Pigments & Fillers in Paper by Company, Calcium Carbonate Clays Talc Titanium Dioxide Sizing Agents, Coatings & Other Chemicals Table - World Demand for Sizing Agents, Coatings & Other Specialty Paper Chemical by Type Suppliers of Sizing Agents, Coatings & Other Chemicals Chart - World Market Share for Sizing Agents, Coatings & Other Specialty Pulp & Paper Chemicals by Company, Sizing Agents Coatings Wet Strength Additives Dry Strength Additives Brighteners & Dyestuffs Retention & Drainage Aids Biocides & Deposit Control Agents Defoamers NORTH AMERICA Overview Pulp & Paper Chemical Demand United States Canada Mexico V. LATIN AMERICA Overview Pulp & Paper Chemical Demand Argentina Brazil Other Latin America VI. WESTERN EUROPE Overview Pulp & Paper Chemical Demand Finland VII. France Germany Italy Norway Spain Sweden United Kingdom Other Western Europe EASTERN EUROPE Overview Pulp & Paper Chemical Demand Czech Republic & Slovakia Poland Russia Other Eastern Europe VIII. AFRICA/MIDEAST Overview Pulp & Paper Chemical Demand South Africa Turkey Other Africa/Mideast IX. ASIA/PACIFIC Overview Pulp & Paper Chemical Demand Australia China India Indonesia Japan South Korea Taiwan Thailand Other Asia/Pacific X. MARKET SHARE & COMPETITIVE STRATEGIES General Market Share & Sales of Pulp & Paper Chemicals Chart - World Pulp & Paper Chemical Sales by Company, Table - World Pulp & Paper Chemical Sales by Company, Overview of Leading Suppliers Mergers, Acquisitions & Divestitures Table - Selected Acquisitions & Divestitures Joint Ventures & Cooperative Agreements Table - Selected Cooperative Agreements Competitive Strategies Marketing & Distribution Research & Development Company Profiles Order form on last page 5

6 Market Environment The Market Environment Section discusses key indicators that drive demand for pulp and paper chemicals, including pulping and bleaching technologies and Freedonia s uniquely developed macroeconomic indicators. MARKET ENVIRONMENT This information provides you with an understanding and an analysis of the climate in which the global pulp and paper chemicals industry operates and helps you build your market strategy to sustain long-term growth. Paper & Board Production World production of paper and board is forecast to increase 3.6 percent per year SAMPLE PAGE million metric tons in 2003, outpacing real (inflation-adjusted) gains in the global economy. Gains will be promoted by an above-average performance from packaging paper and paperboard, particularly corrugating materials and cartonboard. Printing and writing papers, an important sector for materials such as pigments, fillers, sizing agents and coatings, also offer good opportunities, particularly for business papers. Production of printing and writing paper is forecast to expand at the healthy pace of 3.7 percent per year to 114 million metric tons in Demand for uncoated paper, which is used primarily as writing paper, notebooks, computer and copier paper, and books, will benefit from rising global business activity, as well as the ongoing technological revolution in information processing represented by the diffusion of personal computers and related equipment such as printers and copiers. One significant factor behind rising production of printing and writing paper is a continuing increase in literacy rates throughout the developing world, which are positively correlated to income levels and economic development levels. This factor, along with steady demand from the world s developed regions, should favorably impact the global commercial printing and publishing industry. Production of printing and writing papers also is rising due to an expansion in business activity, particularly for business papers such as copier, facsimile and computer papers. While the advent of the Internet as a source of information may have a minor negative impact on demand for periodicals (and newsprint as well, which is not covered here), this will be more than offset by greater demand for computer paper, fax paper and copier paper. Finally, demand for coated paper, a key sector for coating minerals and emulsion polymers such as SB latex, will Copyright by The Freedonia Group, Inc. 6 Freedonia Industry Study

7 Market Overview The Market Overview Section highlights the key issues that have effected the global pulp and paper chemicals market over the past ten years and summarizes contributing growth factors. This information helps you: Focus your sales and marketing efforts on high growth areas Propose new areas for development MARKET OVERVIEW Pigments & Fillers World demand for pigments and fillers in the pulp and paper industry is forecast to increase 4.8 percent per year to nearly 32 million metric tons in Market SAMPLE PAGE value is forecast to increase 6.7 percent per year to $9.8 billion in 2003, based on price increases forecast to average 1.9 percent annually over the same period. Volume demand for pigments and fillers will significantly outpace growth in production of paper and board. In particular, demand for pigments and fillers will benefit from the above-average gains forecast for printing and writing paper, especially higher end products such as business papers (i.e., paper designed for use in office environments, such as laser printing paper or copier paper), as well as packaging materials such as folding boxboard. Since these types of papers use greater quantities of fillers and pigments, rising production will boost the segment as a whole. Among the individual products, gains will be led by increasing demand for calcium carbonate, both as an inexpensive filler for use with recycled fiber and as a result of the trend toward higher coatweights among coated papers. Calcium carbonate also is benefiting from the steady shift in papermaking processes from acid to alkaline materials. Although the strongest gains are forecast for calcium carbonate, volume demand for pigments and fillers will continue to be heavily dominated by clays. Other large volume pigments and fillers used in the paper industry include titanium dioxide and talc. These products, many of which are multifunctional in nature, are typically commodity items (titanium dioxide is a notable exception) used in World Pulping large quantities. & Deinking Filler and coating Chemical pigments Demand compete primarily by Type on the basis of cost, performance (000 and suitability metric tons) the manufacture of particular paper grades. Clays will likely lose market share to calcium carbonate on a performance basis, while titanium dioxide will continue to be regarded as too expensive by a large Item number of end users and better suited as a means of conferring opacity as opposed to acting as a filler or coating. Meanwhile, talc will remain marginalized as an acid Pulp Production (mil metric tons) kgs pulp & deink papermaking chem/ton pulp mineral with greater 97.8 utility as a pitch control aid and deinking chemical. SAMPLE TABLE Pulping & Deinking Chemical Demand Pulping Chemicals Deinking & Recycling Chemicals average $/metric ton Pulping/Deinking Chem Dmd (mil $) Copyright by The Freedonia Group, Inc. Order form on last page 7

8 Demand by Country & Region The Demand Sections analyze trends and consider the threats and opportunities in each country and region. This information helps you: China - Pulp & Paper Chemical Demand ASIA/PACIFIC Analyze your company's growth potential in the industry Outline your strategic plans for five and ten years out Establish sales goals Demand for pulp and paper chemicals in China is forecast to increase 7.1 percent per year to 7.4 million metric tons in 2003, basically tracking SAMPLE PAGE production of paper and board over the same period. The Chinese pulp and paper chemicals market is dominated by pulping chemicals, but bleaching chemicals and pigments and fillers also are major segments. Based on continuing rapid gains in the production of printing and writing paper, the strongest gains in pulp and paper chemicals demand are forecast for pigments and fillers, as well as for specialty materials such as sizing agents, wet and dry strength resins, and defoamers and biocides. Rising demand for higher end materials has followed government efforts to diversify into more value-added paper grades, including business papers. However, demand for styrene-butadiene latex and other paper coatings will remain minor due to the negligible market share coated paper holds in the product mix. With Chinese pulp production forecast to reach 23 million metric tons in 2003, demand for pulping chemicals is forecast to expand 4.7 percent per year to 2.1 million metric tons, while demand for bleaching chemicals grows 6.2 percent per year to 1.2 million metric tons. In part, this slower growth relative to the paper industry will reflect ongoing efforts to improve environmental conditions in the (000 metric paper industry, tons) including a greater emphasis on recycling and reusing process chemicals. Brazil - Pulp & Paper Chemical Demand by Type Item Demand 1989for recycling 1993 and 1998 deinking 2003 chemicals 2008 is forecast to reach 520,000 metric tons in 2003, with gains based on an increase in the amount of wastepaper being used in the country s paper mills. Secondary fiber accounted for about 35 percent Paper Production (mil metric tons) of China s fiber requirements in 1998 (with the remainder being met through kgs chemicals/tons paper & board virgin pulp), and this SAMPLE figure is expected TABLE to increase steadily over the next decade Pulp & Paper Chemicals Demand due 1060 to the cost Pulping & Deinking Chemicals: Pulping Chemicals Recycling & Deinking Chemicals Bleaching Chemicals Pigments & Fillers Sizing Agents, Coatings & Other Copyright by The Freedonia Group, Inc. 8 Freedonia Industry Study

9 Market Share Sample page from Freedonia Industry Study Gain #1111 a better World global Security understanding Products of & Systemscompetition and analyze your your company's position in the industry with information about: market share market leaders mergers and acquisitions cooperative agreements research and development marketing and distribution competitive strategies MARKET SHARE & COMPETITIVE STRATEGIES Mergers, Acquisitions & Divestitures The world pulp and paper chemical industry continues to restructure, an ongoing process driven by efforts to improve the performance and range of products offered, as well as the pressures brought to bear by environmental compliance. Beyond simple consolidation, however, producers are selectively acquiring and divesting specific chemical segments in order to further concentrate their resources in a particular segment of the market or to gain access to new geographic markets (e.g., the Pacific Rim and Latin America). SAMPLE PAGE The ability to offer a full range of products has been one significant driving force behind recent mergers and acquisitions. For example, Hercules 1998 acquisition of paper chemical supplier BetzDearborn has allowed the company to approach full-service status, especially with the addition of BetzDearborn s extensive line of water treatment chemicals, which are increasingly used to treat pulp and paper mill process waters. In addition to the BetzDearborn acquisition, Hercules has made a number of other moves to expand its market share in pulp and paper chemicals. In April 1998, Hercules acquired the paper chemicals group of Houghton International, a small US supplier. The acquired business has approximately $30 million in sales. In September 1999, the company acquired the SCRIPSET water soluble polymer resin business of Solutia. SCRIPSET resins are marketed primarily as surface sizes for high quality papers such as writing, copier and envelope grades. Similarly, Suez Lyonnaise des Eaux s 1999 acquisition of Nalco has made the company the second-largest water treatment chemical firm worldwide, a position that nicely complements its position in the pulp and paper industry. In cases where raw material availability poses a high barrier to entry, companies with existing access to feedstocks are increasingly seeking to consolidate their Copyright by The Freedonia Group, Inc. Order form on last page 9

10 Company Profiles The profiles section analyzes 55 companies active in the world pulp and paper chemicals industry. These profiles represent a sampling or crosssection of the types of companies involved in the industry. Divisions, subsidiaries, joint ventures, etc., are discussed under appropriate parent companies. Clariant Limited Rothausstrasse Muttenz Switzerland COMPANY PROFILES Sources for profiles included: Information provided by key staff members in the respective companies Annual reports 10-K reports Security analysts reports Corporate product literature Clariant Corporation 4000 Monroe Road Charlotte, NC Clariant is a leading global specialty chemicals company that operates in six divisions: Process and Performance Products; Pigments and Additives; Masterbatches; Surfactants; Fine Chemicals; and Cellulose Ethers and Polymerisates. The Company s US operations include Clariant Corporation. Clariant s 1998 sales totaled $6.4 billion ($3.6 billion in Europe; $1.9 billion in SAMPLE PAGE the US/Canada/Latin America region; $939 million in Asia and Australia; and $148 million in Africa). The Company employs 29,280. Through the $1.6 billion Process and Performance Products division, the Company offers an extensive range of pulp and paper chemicals, including dyes, pigments, bleaching and fixing agents, retention and draining aids, surface treatment chemicals, defoamers and pulp bleaching agents. Clariant s paper chemicals operations include a manufacturing facility located in Muttenz, Switzerland. Dye products from Clariant include CARTA, CARTASOL and CARTAZINE products which are formulated to allow continuous paper dyeing. Other dye products are CARTACID, LUMICREASE, SANDOZOL and SODYSUL. Aside Copyright by The Freedonia Group, Inc. 10 Freedonia Industry Study

11 Companies Profiled Akzo Nobel NV Eka Chemicals Incorporated Eka PolymerLatex Albright & Wilson Limited Arakawa Chemical Industries Limited Archer-Daniels-Midland Company Ashland Incorporated Drew Industrial BASF AG Bayer AG Eka PolymerLatex BOC Group plc Ciba Specialty Chemicals Incorporated Allied Colloids Group plc Guangzhou Ciba Specialty Chemicals Clariant Limited CXY Chemicals USA Cytec Industries Incorporated Dyn-Cytec Dainippon Ink and Chemicals Incorporated Deqing DIC Synthetic Resins Dow Chemical Company Ulsan Pacific Chemical DuPont (EI) de Nemours Peroxida Indonesia Pratma Elf Aquitaine Qatar Vinyl Company Engelhard Corporation ENI Group EniChem SpA Eridania Beghin-Say Group FMC Corporation Texas Gulf Soda Ash General Chemical Group Incorporated Georgia Gulf Corporation Georgia-Pacific Corporation Henkel KGaA Hercules Incorporated BetzDearborn Incorporated Huber (JM) Corporation Huntsman Corporation Tioxide Group Huron Tech Corporation IMERYS English China Clays plc IMETAL SA Rio Capin Caulin Imperial Chemical Industries plc National Starch and Chemical JSR Corporation Kemira Oy Kerr-McGee Corporation Millennium Chemicals Incorporated TitAnio do Brasil Minerals Technologies Incorporated Occidental Petroleum Corporation OxyChem Oxy Vinyls LP OMNOVA Solutions Incorporated GenCorp Penford Corporation Penwest Limited Pluess-Staufer AG PPG Industries Incorporated Praxair Incorporated Raisio Group PT Budi Sanwa Starch Rhodia SA Belavoid Indolatex Rio Tinto plc Luzenac Group Rohm and Haas Company Morton International Solutia Incorporated Solvay SA Sterling Chemicals Holdings Incorporated Suez Lyonnaise des Eaux SA Calgon Corporation Nalco Chemical Paper Chemicals Papirkemie Italiana SpA Scanmax Kemi AB Unico Corporation Voimax Trading and HaSne Tate & Lyle plc AE Staley Manufacturing Company Unilever Group DiverseyLever DuBois Paper Technologies Union Carbide Corporation Valhi Incorporated Kronos Incorporated NL Industries VEBA AG Eka PolymerLatex Vulcan Materials Company Order form on last page 11

12 Forecasting Methodology Freedonia does not just collect and reprint data; Freedonia develops data. Our analysts thoroughly investigate an industry by extensively interviewing key industry participants and analyzing information from sources such as associations, government and trade literature. Once this research is complete, Freedonia establishes one set of forecasts. All writing, editing and forecasting is done in-house to assure quality and consistency. In cases where data does not exist, Freedonia develops the data based on input/output ratios, bills of materials and flow charts. The following chart summarizes Freedonia's methodology. The Freedonia Economics Group Consistent framework of indicators on... Paper & Board Production Gross Domestic Product World Population... and many others Freedonia In-house Research Quantitative forecasting Industry structure & market share analyses Product analyses & forecasts Methodology for World Pulp & Paper Chemicals Extensive Interviews Key participants Industry experts End-users Proprietary Electronic Database Trade publications Government reports Corporate literature Online databases... and many others 12 Freedonia Industry Study

13 About The Freedonia Group The Freedonia Group, Inc. is a leading international industry study/ database company. Since 1985, Freedonia has published over 1,500 titles covering areas such as plastics, chemicals, coatings and adhesives, building materials, industrial components and equipment, health care, packaging, household goods, security, and many other industries. Freedonia has produced a wide variety of titles, including: Office Papers Pulp & Paper Natural Polymers Dyes & Organic Pigments Because Freedonia is a reliable information source, our forecasts are cited in numerous publications such as The Wall Street Journal, The Financial Times, and USA Today. Advantages of Freedonia Reports In-house operations Because all of our staff work at the same location, interaction between analysts and departments provides a strong system of checks and balances. Consistency Our Economics Group develops indicators that are used by all analysts. Therefore, every Freedonia study is based on a consistent set of economic assumptions (paper and board production, gross domestic product, world population). Reliable forecasts Because all of our forecasts consider the environment in which a product or industry is operating, as well as threats and opportunities to the market, Freedonia forecasts are reliable indicators of future performance. One-on-one interviews All studies are produced by conducting interviews with key industry participants and end-users. Proprietary electronic database Freedonia s analysts can tap into an extensive in-house electronic database containing corporate literature (including private company information), trade publications, government reports and many other sources of information. Order form on last page 13

14 About Our Customers Freedonia's clients include major US and international companies in the manufacturing, services, consulting and financial sectors. Typical purchasers of Freedonia studies : Key Executives Corporate Planners Market Researchers Financial Analysts Information Centers New Product Developers Merger & Acquisition Specialists Since 1985 we have provided research to customers ranging in size from global conglomerates to one person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia research to help with their strategic planning. Some of Freedonia's customers in the pulp and paper chemicals industry include: Dow Chemical, DuPont, BASF and Akzo Nobel. 14 Freedonia Industry Study

15 Related Studies From Freedonia For more information about these or other Freedonia titles, please contact us at: The Freedonia Group, Inc. Phone: (440) (800) Fax: (440) Pulp & Paper The proliferation of computers will continue to have a large and varied effect on US pulp and paper demand. Printing papers benefit directly from this trend. Electronic commerce will limit gains in some business forms but will favor paperboard packaging. The ongoing penetration of plastics in packaging will hamper further growth in pulp and paper. This study analyzes the 103 million ton US pulp and paper industry to 2003 and 2008 by grade and fiber. It also profiles key firms and details market share. # / $3,400 Office Papers A healthy small office/home office segment, in tandem with discount sales channels, will support gains in US demand for office papers. Cut sheet printing and writing papers and adhesive labels will lead gains. Growth in reprographic paper will continue to offset declines in office forms brought about by the electronic office. This study analyzes the $20 billion US office papers industry to 2003 and It also evaluates market share and profiles key firms. # / $3,400 World Emulsion Polymers World demand for emulsion polymers will approach nine million metric tons in 2003 as they continue to track their primary user industries. Demand is also benefitting from emulsion polymers good environmental profile, low cost, easy clean-up, and good adhesion, flexibility and abrasion resistance. This study analyzes the world emulsion polymers industry to 2003 and 2008 by market, type, major geographic region and 10 individual countries. The study also presents market share data and profiles key firms. # / $4,300 Natural Polymers Demand for natural polymers in the US will grow over 7% annually. Starch blend polymers and fermentation products will exhibit rapid short term gains as food ingredients. Longer term strong growth will be fueled by increasing demand for degradable plastics feedstocks. Proteinbased polymers will benefit from new applications for collagen. This study analyzes the $1.9 billion US market for natural polymers to 2003 and 2008 by product and market. It also evaluates market share and profiles key companies. # / $3,400 US Pulp & Paper Chemicals Dollar growth in US pulp and paper chemical demand will be driven by a shift towards higherpriced specialty products. Volume growth will be impacted by: increasing chemical consumption by papermakers to remain competitive; environmental laws mandating costlier bleaching chemicals; and greater consumption of paper derived from recycled fiber. This study analyzes the US market for pulp and paper chemicals to 2003 and 2008 by product and market. It also evaluates market share and profiles key firms. # / $3,600 Sizing & Thickening Agents US demand for sizes and thickeners will approach six billion pounds in Growth will be led by increasing demand for newer synthetic sizing agents and hydrocolloid thickeners. In addition, modified starches and rosins will experience above average growth as they continue to displace their less sophisticated unmodified counterparts. This study analyzes the US sizing and thickening agent industry to 2003 and 2008 by product and market. It also profiles key industry participants and evaluates market share. # / $3,300 Dyes & Organic Pigments The US market for dyes and organic pigments will approach $3 billion in 2003, driven by the use of more expensive, higher performance pigments and the displacement of heavy metalbased inorganic colorants. Demand for dyes will be hindered by sluggish growth in the large textile market, global overcapacity and import competition. This study analyzes the $2.5 billion US dye and organic pigment industry to 2003 and 2008 by type and market. It also presents market share data and profiles key firms. # / $3,500 Industrial Starch & Other Corn Chemicals The US market for starch and other corn chemicals will reach $3.4 billion in Gains will be driven by increasing industrial demand for organic acids and amino acids used in chemicals and feed additives. Advances in fermentation and natural polymer technology will make corn-derived products more competitive with petrochemicals. This study analyzes the US industrial corn chemicals industry to 2002 and 2007 by product, function and market. It also profiles key firms and evaluates market share. # / $3,300 Order form on last page 15

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