TABLE OF CONTENTS 1 INDUSTRY OVERVIEW 1.1 Unbleached Hardwood Kraft Pulp Industry 1.1.1 Unbleached Hardwood Kraft Pulp Overview 1.1.2 Terminology Definition in the Report 1.1.2.1 Capacity 1.1.2.2 Sales Volume 1.1.2.3 Sales Revenue 1.1.2.4 Ex-factory Price & Sales Price 1.1.2.5 Cost 1.1.2.6 Gross Margin 1.2 Products & Services Overview Scope 1.3 Unbleached Hardwood Kraft Pulp in the Industry Chain 1.4 Industry Dynamics & Regulations 1.5 Global Market Overview 2 UPSTREAM & MANUFACTURING 2.1 Raw Materials / Components 2.2 Procurement Methods & Channels 2.3 Cost Structure & Manufacturing 2.4 Industry Capacity Overview 2.5 Production Distribution by Geography 2.5.1 Production in Major Regions / Countries 2.5.2 Trade Flow Overview 3 PRODUCT SEGMENT 3.1 Product Segmentation Market (2017 to 2021E) 3.1.1 Chemical Pulp Market 3.1.2 Semi-Chemical Pulp Market 3.1.3 Mechanical Pulp Market 3.2 Market Status 4 APPLICATION / END-USE SEGMENT 4.1 Application Segmentation Market (2016 to 2021E) 4.1.1 Paper Making Industry Market 4.1.2 Packaging Industry Market 4.1.3 Others Market 4.2 Market Status 5 NORTH AMERICA 5.1 North America Market Growth 5.2 North America Market by Countries 5.3 Major Countries Market Growth 5.3.1 United States Market Size and Growth (2016-2021E) 5.3.2 Canada Market Size and Growth (2016-2021E) 5.3.3 Mexico Market Size and Growth (2016-2021E) 6 EUROPE 6.1 Europe Market Growth 6.2 Europe Market by Countries 6.3 Major Countries Market Growth 6.3.1 Germany Market Size and Growth (2016-2021E) 6.3.2 UK Market Size and Growth (2016-2021E) 6.3.3 France Market Size and Growth (2016-2021E) 6.3.4 Russia Market Size and Growth (2016-2021E) 6.3.5 Italy Market Size and Growth (2016-2021E) 6.3.6 Rest of Europe Market Size and Growth (2016-2021E) 7 ASIA-PACIFIC 7.1 ASIA-PACIFIC Market Growth 7.2 ASIA-PACIFIC Market by Countries 7.3 Major Countries Market Growth 7.3.1 China Market Size and Growth (2016-2021E) 7.3.2 India Market Size and Growth (2016-2021E) 7.3.3 Japan Market Size and Growth (2016-2021E) 7.3.4 South Korea Market Size and Growth (2016-2021E) 7.3.5 Southeast Asia Market Size and Growth (2016-2021E) 7.3.6 Australia Market Size and Growth (2016-2021E) 7.3.7 Rest of Asia Pacific Market Size and Growth (2016-2021E) 8 SOUTH AMERICA 8.1 South America Market Growth 8.2 South America Market by Countries 8.3 Major Countries Market Growth 8.3.1 Brazil Market Size and Growth (2016-2021E) 8.3.2 Argentina Market Size and Growth (2016-2021E) 8.3.3 Rest of South America Market Size and Growth (2016-2021E) 9 MIDDLE EAST & AFRICA 9.1 Middle East and Africa Market Growth 9.2 Middle East and Africa Market by Countries 9.3 Major Countries Market Growth 9.3.1 GCC Market Size and Growth (2016-2021E) 9.3.2 North Africa Market Size and Growth (2016-2021E) 9.3.3 South Africa Market Size and Growth (2016-2021E) 9.3.4 Rest of Middle East & Africa Market Size and Growth (2016-2021E) 10 MARKET FORECAST 10.1 Global Market Forecast Overview 10.2 Global Market Forecast by Type 10.3 Global Market Forecast by Application / End-Use 10.4 Global Market Forecast by Region 11 COMPETITION OF MAJOR PLAYERS 11.1 Canfor (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.1.1 Canfor Profile 11.1.2 Canfor Products & Services Overview 11.1.3 Canfor Main Business 11.1.4 Canfor Business Operation 11.2 Billerud (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.2.1 Billerud Profile 11.2.2 Billerud Products & Services 11.2.3 Billerud Main Business 11.2.4 Billerud Business Operation 11.3 Clearwater Paper (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.3.1 Clearwater Paper Profile 11.3.2 Clearwater Paper Products & Services 11.3.3 Clearwater Paper Main Business 11.3.4 Clearwater Paper Business Operation 11.4 Oji Holdings (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.4.1 Oji Holdings Profile 11.4.2 Oji Holdings Products & Services 11.4.3 Oji Holdings Main Business 11.4.4 Oji Holdings Business Operation 11.5 Rayonier Advanced Materials (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.5.1 Rayonier Advanced Materials Profile 11.5.2 Rayonier Advanced Materials Products & Services 11.5.3 Rayonier Advanced Materials Main Business 11.5.4 Rayonier Advanced Materials Business Operation 11.6 Inversiones Angelini Y Compania (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.6.1 Inversiones Angelini Y Compania Profile 11.6.2 Inversiones Angelini Y Compania Products & Services 11.6.3 Inversiones Angelini Y Compania Main Business 11.6.4 Inversiones Angelini Y Compania Business Operation 11.7 Sappi (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.7.1 Sappi Profile 11.7.2 Sappi Products & Services 11.7.3 Sappi Main Business 11.7.4 Sappi Business Operation 11.8 Nanaimo Forest Products (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.8.1 Nanaimo Forest Products Profile 11.8.2 Nanaimo Forest Products Products & Services 11.8.3 Nanaimo Forest Products Main Business 11.8.4 Nanaimo Forest Products Business Operation 11.9 UPM-Kymmene Oyj (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.9.1 UPM-Kymmene Oyj Profile 11.9.2 UPM-Kymmene Oyj Products & Services 11.9.3 UPM-Kymmene Oyj Main Business 11.9.4 UPM-Kymmene Oyj Business Operation 11.10 Mercer International (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.10.1 Mercer International Profile 11.10.2 Mercer International Products & Services 11.10.3 Mercer International Main Business 11.10.4 Mercer International Business Operation 12 COMPANY COMPETITION 12.1 Global Sales by Company 12.1.1 Global Sales by Company 12.1.2 Global Sales Share by Company 12.2 Price & Gross Margin 12.3 Landscape of Major Companies in the Market 12.3.1 Major Companies Product Type List 12.3.1 Manufacturing Regions and Headquarters of Major Companies 12.3.1 Mergers & Acquisitions 12.4 Competitive Environment for New Entrants 12.4.1 Michael Porter's Five Forces Model 12.4.2 SWOT 13 ENVIRONMENT OVERVIEW 13.1 Impact of COVID-19 13.2 Geopolitics Overview 13.3 Economic Overview of Major Countries 14 RESEARCH CONCLUSION

LIST OF TABLE TABLE ~ Unbleached Hardwood Kraft Pulp Industry Dynamics & Regulations List TABLE ~ Global Unbleached Hardwood Kraft Pulp Sales Volume, Revenue, Price, Cost and Margin, 2016-2021E TABLE ~ Chemical Pulp Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Chemical Pulp Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Semi-Chemical Pulp Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Semi-Chemical Pulp Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Mechanical Pulp Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Mechanical Pulp Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Global Unbleached Hardwood Kraft Pulp Market Size by Type, 2016-2021E, in USD Million TABLE ~ Global Unbleached Hardwood Kraft Pulp Market Size by Type, 2016-2021E, in Volume TABLE ~ Paper Making Industry Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Paper Making Industry Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Packaging Industry Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Packaging Industry Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Others Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Others Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Global Unbleached Hardwood Kraft Pulp Market Size by Type, 2016-2021E, in USD Million TABLE ~ Global Unbleached Hardwood Kraft Pulp Market Size by Type, 2016-2021E, in Volume TABLE ~ North America Unbleached Hardwood Kraft Pulp Sales by Countries 2016-2021E, in USD Million TABLE ~ North America Unbleached Hardwood Kraft Pulp Sales Share by Countries 2016-2021E, in USD Million TABLE ~ North America Unbleached Hardwood Kraft Pulp Sales by Countries 2016-2021E, in Volume TABLE ~ North America Unbleached Hardwood Kraft Pulp Sales Share by Countries 2016-2021E, in Volume TABLE ~ United States Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Canada Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Mexico Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Europe Unbleached Hardwood Kraft Pulp Sales by Countries 2016-2021E, in USD Million TABLE ~ Europe Unbleached Hardwood Kraft Pulp Sales Share by Countries 2016-2021E, in USD Million TABLE ~ Europe Unbleached Hardwood Kraft Pulp Sales by Countries 2016-2021E, in Volume TABLE ~ Europe Unbleached Hardwood Kraft Pulp Sales Share by Countries 2016-2021E, in Volume TABLE ~ Germany Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ UK Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ France Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Russia Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Italy Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Rest of Europe Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ ASIA-PACIFIC Unbleached Hardwood Kraft Pulp Sales by Countries 2016-2021E, in USD Million TABLE ~ ASIA-PACIFIC Unbleached Hardwood Kraft Pulp Sales Share by Countries 2016-2021E, in USD Million TABLE ~ ASIA-PACIFIC Unbleached Hardwood Kraft Pulp Sales by Countries 2016-2021E, in Volume TABLE ~ ASIA-PACIFIC Unbleached Hardwood Kraft Pulp Sales Share by Countries 2016-2021E, in Volume TABLE ~ China Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ India Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Japan Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ South Korea Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Southeast Asia Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Australia Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Rest of Asia Pacific Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ South America Unbleached Hardwood Kraft Pulp Sales by Countries 2016-2021E, in USD Million TABLE ~ South America Unbleached Hardwood Kraft Pulp Sales Share by Countries 2016-2021E, in USD Million TABLE ~ South America Unbleached Hardwood Kraft Pulp Sales by Countries 2016-2021E, in Volume TABLE ~ South America Unbleached Hardwood Kraft Pulp Sales Share by Countries 2016-2021E, in Volume TABLE ~ Brazil Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Argentina Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Rest of South America Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Middle East and Africa Unbleached Hardwood Kraft Pulp Sales by Countries 2016-2021E, in USD Million TABLE ~ Middle East and Africa Unbleached Hardwood Kraft Pulp Sales Share by Countries 2016-2021E, in USD Million TABLE ~ Middle East and Africa Unbleached Hardwood Kraft Pulp Sales by Countries 2016-2021E, in Volume TABLE ~ Middle East and Africa Unbleached Hardwood Kraft Pulp Sales Share by Countries 2016-2021E, in Volume TABLE ~ GCC Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ North Africa Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ South Africa Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Rest of Middle East & Africa Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Global Unbleached Hardwood Kraft Pulp Sales Forecast by Type 2022F-2026F, in USD Million TABLE ~ Global Unbleached Hardwood Kraft Pulp Sales Share Forecast by Type 2022F-2026F, in USD Million TABLE ~ Global Unbleached Hardwood Kraft Pulp Sales Forecast by Type 2022F-2026F, in Volume TABLE ~ Global Unbleached Hardwood Kraft Pulp Sales Share Forecast by Type 2022F-2026F, in Volume TABLE ~ Global Unbleached Hardwood Kraft Pulp Sales Forecast by Application / End-Use 2022F-2026F, in USD Million TABLE ~ Global Unbleached Hardwood Kraft Pulp Sales Share Forecast by Application / End-Use 2022F-2026F, in USD Million TABLE ~ Global Unbleached Hardwood Kraft Pulp Sales Forecast by Application / End-Use 2022F-2026F, in Volume TABLE ~ Global Unbleached Hardwood Kraft Pulp Sales Share Forecast by Application / End-Use 2022F-2026F, in Volume TABLE ~ Global Unbleached Hardwood Kraft Pulp Sales Forecast by Region 2022F-2026F, in USD Million TABLE ~ Global Unbleached Hardwood Kraft Pulp Sales Share Forecast by Region 2022F-2026F, in USD Million TABLE ~ Global Unbleached Hardwood Kraft Pulp Sales Forecast by Region 2022F-2026F, in Volume TABLE ~ Global Unbleached Hardwood Kraft Pulp Sales Share Forecast by Region 2022F-2026F, in Volume TABLE ~ Canfor Overview List TABLE ~ Products & Services List of Canfor TABLE ~ Business Operation of Canfor (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Billerud Overview List TABLE ~ Products & Services List of Billerud TABLE ~ Business Operation of Billerud (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Clearwater Paper Overview List TABLE ~ Products & Services List of Clearwater Paper TABLE ~ Business Operation of Clearwater Paper (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Oji Holdings Overview List TABLE ~ Products & Services List of Oji Holdings TABLE ~ Business Operation of Oji Holdings (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Rayonier Advanced Materials Overview List TABLE ~ Products & Services List of Rayonier Advanced Materials TABLE ~ Business Operation of Rayonier Advanced Materials (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Inversiones Angelini Y Compania Overview List TABLE ~ Products & Services List of Inversiones Angelini Y Compania TABLE ~ Business Operation of Inversiones Angelini Y Compania (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Sappi Overview List TABLE ~ Products & Services List of Sappi TABLE ~ Business Operation of Sappi (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Nanaimo Forest Products Overview List TABLE ~ Products & Services List of Nanaimo Forest Products TABLE ~ Business Operation of Nanaimo Forest Products (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ UPM-Kymmene Oyj Overview List TABLE ~ Products & Services List of UPM-Kymmene Oyj TABLE ~ Business Operation of UPM-Kymmene Oyj (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Mercer International Overview List TABLE ~ Products & Services List of Mercer International TABLE ~ Business Operation of Mercer International (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Global Unbleached Hardwood Kraft Pulp Sales by Company 2016-2021E, in USD Million TABLE ~ Global Unbleached Hardwood Kraft Pulp Sales by Company 2016-2021E, in Volume TABLE ~ Global Unbleached Hardwood Kraft Pulp Sales Share by Company 2016-2021E, in USD Million TABLE ~ Global Unbleached Hardwood Kraft Pulp Sales Share by Company 2016-2021E, in Volume TABLE ~ Global Unbleached Hardwood Kraft Pulp Sales Price by Company 2016-2021E, in USD/Volume TABLE ~ Global Unbleached Hardwood Kraft Pulp Gross Margin by Company 2016-2021E TABLE ~ Major Companies Product Type List TABLE ~ Major Companies Product Type List TABLE ~ Mergers & Acquisitions in the Market