Pulp is a raw material used in the manufacturing of paper. This material contains man-made, mineral or vegetable fibers. The majority of paper is manufactured using pulp from Bamboo. Paper is the versatile material with many uses, including writing, printing, packaging, cleaning, decorating, and a number of industrial and construction processes. Paper board is used in high quality graphic printing, such as book and magazine covers or postcards. Paperboard is also used in fine arts for creating sculptures.
The paper & paperboard market is projected to reach $213.4 Billion by 2020, at a CAGR of 3.5% from 2015 to 2020. The pulp and paper industry is forecasted to grow at 6–7 per cent each year. Paper production is likely to grow at 8.4 per cent, while the consumption of paper will grow at 9 per cent. Entrepreneurs who invest in this project will be successful.
Few Indian major players are as under
• Bindals Papers Mills Ltd.
• Circar Paper Mills Ltd.
• Claridge Moulded Fibre Ltd.
• Eggro Paper Moulds Ltd.
• Ellor Mills Ltd.
• Fibremarx Papers Pvt. Ltd.
• Gaurav Paper Mills Ltd.