Global Dry Strength Resin (DSR) Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Natural, Synthetic, and Others), By Application (Paper and Pulp, Textiles, Construction, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Global Dry Strength Resin (DSR) Market Insights Forecasts to 2033

• The Global Dry Strength Resin (DSR) Market Size was estimated at USD 2.95 Billion in 2023
• The Market Size is Expected to Grow at a CAGR of around 5.85% from 2023 to 2033
• The Worldwide Dry Strength Resin (DSR) Market Size is Expected to Reach USD 5.21 Billion by 2033
• Europe is expected to grow the fastest during the forecast period.

The Global Dry Strength Resin (DSR) Market Size is expected to cross USD 5.21 Billion by 2033, growing at a CAGR of 5.85% from 2023 to 2033.

Market Overview

The global dry strength resin (DSR) market refers to the industry that manufactures, distributes, and uses dry strength resins, which are chemical additives that improve the dry strength of paper and paper-based products. These resins improve the paper's internal bonding, tensile strength, and stiffness while retaining its brightness and opacity. Dry-strength resins commonly include polyacrylamide (PAM), glyoxylated polyacrylamide (GPAM), starch-based resins, and polyvinylamine. Furthermore, the dry-strength resin industry is growing with prospects, fueled by continued innovation and rising demand for sustainable materials. The development of bio-based dry strength resins represents one of the most significant potentials. As environmental concerns grow and regulations tighten, there is an expanding demand for eco-friendly and biodegradable resins. Companies that invest in research and development to build bio-based DSR that meets both performance and environmental standards will gain a competitive advantage. Furthermore, incorporating advanced technologies such as nanotechnology and biotechnology into resin formulation allows for the enhancement of resin qualities, resulting in higher performance while minimizing environmental effects.

Report Coverage

This research report categorizes the dry strength resin (DSR) market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the dry strength resin (DSR) market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the dry strength resin (DSR) market.

Driving Factors

The paper and pulp industry, which continues to be one of the leading end consumers, has a considerable impact on the dry strength resin (DSR) market's growth. The demand for paper products is increasing as literacy rates rise around the world and the packaging industry continues to expand. As a result, the need for DSR, which increases the tensile and burst strength of paper, is growing. Furthermore, the recycling of paper products demands the use of DSR to replace the strength lost during the processing. This dynamic is a critical growth component since environmental concerns and severe laws demand more recycled material in paper products. Furthermore, leading firms in the dry strength resin (DSR) industry are leveraging their strong distribution networks and global presence to increase market share and consumer reach. By implementing omnichannel distribution techniques, these businesses may serve to a diverse consumer base across multiple locations, optimizing sales and service delivery. Furthermore, the incorporation of digital technologies such as AI and IoT into manufacturing and logistics processes allows market leaders to improve operational efficiencies, lower costs, and increase consumer engagement. This emphasis on technological progress is a major distinction in the competitive landscape, enabling businesses to maintain a competitive advantage.

Restraining Factors

The global dry strength resin (DSR) market is constrained by numerous factors, including fluctuating raw material prices, which have an impact on manufacturing costs and profit margins. Stringent environmental rules on chemical use can present obstacles for enterprises. Additionally, competition from alternative strengthening agents, such as natural binders, has an impact on market growth. Limited awareness and adoption in certain developing regions further stymies industry growth.

Market Segmentation

The dry strength resin (DSR) market share is classified into product type and application.   

• The synthetic segment held the greatest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

Based on the product type, the dry strength resin (DSR) market is divided into natural, synthetic, and others. Among these, the synthetic segment held the greatest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. This is due to its greater performance, increased efficiency, and extensive use in the paper and packaging sectors. Synthetic resins, such as polyacrylamide (PAM) and glyoxylated polyacrylamide (GPAM), provide more strength, durability, and water resistance than natural alternatives, making them the preferred choice for high-performance paper goods.

• The paper and pulp segment accounted for the majority of the share in 2023 and is estimated to grow at a remarkable CAGR during the projected timeframe.

Based on the application, the dry strength resin (DSR) market is divided into paper and pulp, textiles, construction, and others. Among these, the paper and pulp segment accounted for the majority of the share in 2023 and is estimated to grow at a remarkable CAGR during the projected timeframe. This is primarily owing to the widespread use of DSRs to improve the strength and quality of paper goods, which are used in a variety of industries, including packaging, printing, and writing. The growing demand for high-performance paper materials, fueled by the rise of e-commerce and the necessity for sustainable packaging solutions, has played a crucial role in this domination.

Regional Segment Analysis of the Dry Strength Resin (DSR) Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the dry strength resin (DSR) market over the predicted timeframe.

North America is anticipated to hold the largest share of the dry strength resin (DSR) market over the predicted timeframe. The region's significant paper and pulp sector, combined with advances in construction and printing technology, drives demand for DSR. Additionally, the emphasis on environmental sustainability and recycling activities in the United States and Canada is boosting the adoption of bio-based resins, opening up new potential opportunities. The North American market is distinguished by innovation and technological improvement, with firms concentrating on producing high-performance and environmentally friendly resin solutions to fulfill changing consumer needs.

Europe is expected to grow at the fastest CAGR growth of the dry strength resin (DSR) market during the forecast period. The region's emphasis on sustainability and circular economy concepts increases demand for environmentally friendly resins, creating prospects for growth in bio-based DSR. The construction industry, in particular, is a big driver of market demand, with European countries investing in sustainable infrastructure and green building efforts.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the dry strength resin (DSR) market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• BASF SE
• Arakawa Chemical Industries, Ltd.
• SNF Holding Company
• Solenis LLC
• Buckman Laboratories International, Inc.
• Kemira Chemicals, Inc.
• Ashland Global Holdings Inc.
• The Dow Chemical Company
• Harima Chemicals Group, Inc.
• Seiko PMC Corporation
• Ecolab Inc.
• Bercen, Inc.
• CP Kelco U.S., Inc.
• Kemira Oyj
• Nouryon
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the dry strength resin (DSR) market based on the below-mentioned segments: 

Global Dry Strength Resin (DSR) Market, By Product Type

• Natural
• Synthetic
• Others

Global Dry Strength Resin (DSR) Market, By Application

• Paper and Pulp
• Textiles
• Construction
• Others

Global Dry Strength Resin (DSR) Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa