Paper coating materials are various compounds that are used to coat the paper in order to improve and enhance its glossy appearance, brightness, opacity, and ink absorption characteristics. There are several chemicals such as Silicate of Magnesia, Calcium Magnesium Carbonate and Alganic acid which are used to prepare the paper coating materials.
The demand for paper coating material market is influenced by the growing consumption of paper for various purposes such as Packaging, office paper, stationery, corrugated boxes, wallpaper and bookbinding. Paper coating materials are available globally owing to its increasing demand across the world and anticipated to project a remarkable growth during the forecast period 2022-2032.
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Paper Coating Materials Market: Drivers & Restraints
The paper coating material market is anticipated to show significant growth with a single digit CAGR.
The technological advancement in paper coating process, various advantages offered by the paper coating materials and emerging markets especially in Asia Pacific region, are expected to drive the paper coating material market with exponential growth rate during the forecast period 2015-2025.
However, the increased use of electronic gadgets and applications such as smartphones, computers, e-book and e-newspaper has reduced the use of paper which might hinder the growth of paper coating material market.
Paper Coating Materials Market: Segmentation
The paper coating material market is broadly classified into nine segments on the basis of product type
Ground calcium carbonate (GCC)
Precipitated calcium carbonate (PCC)
Kaolin Clay
SB latex
Titanium Dioxide
Wax
Starch
Talc
Others
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Asia Pacific region dominated the global paper coating material market followed by North America and Western Europe in terms of market revenue. Asia Pacific region is expected to be the fastest growing region during the forecast due to the emerging markets in this region such as China, South Korea and Japan.
Paper Coating Materials Market: Key Players
Omya AG (Switzerland), Michelman Inc. (The Netherlands), Archroma (Switzerland), Imerys S.A. (France), DuPont (USA), Dow Company (Michigan), Penford Corporation (U.S.), and BASF (Germany) are the major players in global paper coating material market. With the adoption of various strategies such as strong research and development, launching of new products and active strategic adoption, these companies have dominated the global paper coating material market.
The report covers exhaustive analysis on
- Paper Coating Material Market Segments
- Paper Coating Material Market Dynamics
- Paper Coating MaterialMarket Size
- Supply & Demand
- Paper Coating Material Market Current Trends/Issues/Challenges
- Paper Coating Material Market Competition & Companies involved
- Paper Coating Material Market Technology
- Paper Coating Material Market Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Paper Coating Materials Market: Segmentation
The paper coating material market is broadly classified into nine segments on the basis of product type:
- Ground calcium carbonate (GCC)
- Precipitated calcium carbonate (PCC)
- Kaolin Clay
- SB latex
- Titanium Dioxide
- Wax
- Starch
- Talc
- Others
The paper coating material market is broadly classified into five segments on the basis of end use industries:
- Binding industry
- Stationary industry
- Packaging industry
- Corrugated boxes industry
- Others
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