7.3.4.4Vertical

Recycled Fiber & Deinked Pulp

Companies processing recovered paper into recycled fiber pulp.

Market snapshot

These figures describe Pulp Manufacturing (7.3.4), the segment that Recycled Fiber & Deinked Pulp sits within — not Recycled Fiber & Deinked Pulp on its own.

Market size
~$9B
Growth
~4.9%CAGR (2017–22, nominal)
Companies
~40
FragmentationConsolidatedEstimate

U.S. Census Bureau 2022 CBP/Economic Census, NAICS 322110 (pulp mills) — standalone mills; much pulp production is integrated within paper/paperboard mills.

Business model & economics

Revenue model

Market, specialty, and fluff pulp sales

Key economics

Recurring revenue
Moderate–High

recurring fiber-feedstock demand

EBITDA margin
Scale-, integration-, and price-driven
Capex intensity
High

Characteristics

  • Among the most consolidated, capital-intensive segments.
  • Feedstock for paper, packaging, and tissue.
  • Specialty/dissolving and fluff pulp higher-value growth.

Geographic concentration

AlaskaArizonaColoradoFloridaIndianaKansasMaineMassachusettsMinnesotaNew JerseyNorth DakotaOklahomaPennsylvaniaSouth DakotaTexasWyomingConnecticutMissouriWest VirginiaIllinoisNew MexicoArkansasCaliforniaDelawareDistrict of ColumbiaHawaiiIowaKentuckyMarylandMichiganMontanaNew HampshireNew YorkOhioOregonTennesseeUtahVirginiaWashingtonWisconsinNebraskaSouth CarolinaIdahoNevadaVermontLouisianaRhode IslandAlabamaGeorgiaNorth CarolinaMississippi

Pulp manufacturing is concentrated in the Southeastern pulpwood belt — Mississippi, Georgia, Alabama, and North Carolina — the heart of U.S. pulp and paper production.

MississippiGeorgiaAlabamaNorth Carolina

U.S. Census Bureau — 2022 County Business Patterns (employment by state), NAICS 322110. Concentration shown by location quotient.

M&A deal context

Deal activityModerate

Who’s acquiring

  • Integrated forest-products majors
  • Specialty-pulp producers
  • Global pulp investors

What’s driving deals

  • Specialty and fluff-pulp growth.
  • Integration and scale economics.
  • Global pulp-market dynamics.

Find Recycled Fiber & Deinked Pulp acquisition targets

Search Acquisera’s index for companies classified under Recycled Fiber & Deinked Pulp (7.3.4.4) and build a targeted deal pipeline.

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