European Pulp and Paper Machinery Market to Cross $3.0 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive European report on Pulp and Paper Machinery markets. European market for pulp and paper machinery is projected to reach $3.0 billion mark by the year 2015. The market growth is expected with the revival of the economic situation and increase in machinery demand from developing regions. Further, future investments in upgrading and improving of mill machinery are expected to drive growth in the coming years.

Pulp and Paper Machinery: A European Market Report

The pulp and paper machinery industry comprises of companies engaged in the production of machinery and equipment related to papermaking and finishing, pulping and woodyard as well as companies providing services related to these equipment. The pulp and paper machinery industry is completely dependent on the paper industry. Significant increase in demand for pulp and paper leads to expansion and investment in new machines by the paper mills, while if the demand dwindles, the machines lie idle and previous orders get cancelled.

The pulp and paper machinery industry is gradually shifting towards the declining stage from the mature stage. Pulp and paper production witnessed a slowdown in growth rate from an average 5% annually in the 1950s to about 2.5% in the first decade of the twenty first century. The traditional strong markets of North America and Europe are cutting production capacity of their papermaking mills. The sluggish growth in the paper production sector is also reflected in the machinery industry. Most of the demand for the machinery segment is from emerging countries such as China, India and Russia.

Germany and France dominate the European pulp and paper machinery market, as stated by the new market research report on pulp and paper machinery market. However, fastest growth is likely to emanate from Italian pulp and paper machinery market. Pulping Machinery comprising chemical as well as mechanical systems constitutes the largest segment in the pulp and paper machinery market.

Key players profiled in the report include Andritz Group, E.C.H. Will, Hinnli Co. Ltd., Kugler-Womako GmbH, Metso Corporation, and Voith Paper Holding GmbH & Co. KG.

The report titled "Pulp and Paper Machinery: A European Market Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of market overview, product overview, product launches, and recent industry activity. The study analyzes market data and analytics in terms of value sales for regions including France, Germany, Italy, United Kingdom, and Rest of Europe by the following segments - Pulping Machinery (Chemical Systems and Mechanical Systems), Cleaning Machinery, Recycling Machinery, Furnishing Machinery, Wet-End Machinery, Dry-End Machinery and Finishing Machinery.

For more details about this comprehensive market research report, please visit -

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
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