Market Share of Paper and Board Technologies Industry
The Paper and Board Technologies Market is moderately fragmented with a significant number of players operating in the market. As new technologies and advanced machineries require more capital and R&D investment, more advanced technologies are usually provided by several large companies, therefore, certain segments of the market are consolidated within these large market players.
- June 2022 - ANDRITZ, an international technology group signed an agreement to acquire the Bonetti Group, headquartered in Milan, Italy. This acquisition expanded and strengthened ANDRITZ's aftermarket business and supplemented the company's Paper Machine Service portfolio.
- April 2022 - Valmet announced to supply a fine paper-making line with stock preparation and extensive scope of automation to Asia Symbol (Shandong) Pulp and Paper in Rizhao, China. This new high-capacity fine paper-making line is planned to be designed to produce high-quality wood-free uncoated paper (WFU) grades. The launch of the new production line PM14 is scheduled for 2023. The project is expected to be of value around EUR 80 to 100 million.
Paper & Board Technologies Market Leaders
-
Valmet Oyj
-
Siemens AG
-
Andritz AG
-
ABB Ltd
-
Honeywell International Inc
*Disclaimer: Major Players sorted in no particular order
