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Thermal Paper Developer Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030

Global Thermal Paper Developer Market: By Type (Bisphenol-A, Bisphenol-S, D8, Phenol free substance, and Others); By Distribution Channel (Online and Offline); By Region—Market Size, Industry Dynamics, Opportunity Analysis and Forecast for 2022–2030

  • Published Date: Nov-2022  |   Format: pdfpowerpointexcel  |  Report ID: AA1122324  | Delivery: 2 to 4 Hours


The market size of the Global Thermal Paper Developer Market was valued at US$ 20.15 Million in 2021.

The market is registered to grow at a CAGR of 6.4% during 2022-2030.

E-commerce market expansion boosting the demand for shipping labels and the growth of thermal paper market are the factors triggering the growth of the thermal paper developer market. 

Harmful effect of BPA and BPS in thermal paper and the emergence of free-of-chemical developer thermal paper are the factors restraining market growth.

Adoption of total phenol-free thermal label papers and the latest regulations regarding the chemicals are the current trends in the market. 

The various segmentations considered to analyze the Global Thermal Paper Developer Market are based on type, distribution channel, and country.

Shift towards a greener alternative to bisphenol A (BPA) is expected to provide an opportunity in the market during the forecast period.

Bisphenol A segment dominated the Global Thermal Paper Developer Market in 2021.

Offline distribution channel held the highest segmental share in 2021.

Asia Pacific dominated the Global Thermal Paper Developer Market in 2021.

Anayang General Chemical, Solenis, Nippon Soda Co., Ltd., Toray Industries, Inc., Mitsubishi Chemical Group Corporation, Weifang Dayoo Biochemical Co., Ltd., Chameleon Specialty Chemicals, Sabic, The Dow Chemical Company, Sinopec, Connnect Chemical, and Evonik Industries AG are the key players analyzed in the global thermal paper developer market.

The pandemic had a negative impact on the Global Thermal Paper Developer Market, with a 4.6% drop in Y-o-Y growth in 2019-2020.