Global Paper Coating Materials Market was valued at USD 2,470.14 Mn in 2019 and is expected to reach USD 2,826.76 Mn by 2027 at a CAGR of 1.7% over the forecast period 2020-2027.
Global Paper Coating Materials Market
The report covers an in-depth analysis of COVID 19 pandemic impact on Global Paper Coating Materials Market by region and on the key players revenue affected till April 2020 and expected short term and long-term impact on the market.
Global Paper Coating Materials Market;
The growing interest by many industrial segments to use sustainable paper coating materials has stimulated the development of new paper coating materials. Various biomaterials are used in papermaking and coating industry such as cellulose, coating starches, chitosan, soy protein, alginate, casein, zein, and lecithin and cellulose derivatives. Paper coating binders provide adhesion to bind pigments, substrate, and extenders together. Various factors such as rising demand for paper coating material in various applications such as printing, packaging, business communication, and labels, rapid urbanization and infrastructure growth in emerging economies, increasing research and development on paper coating material and increasing use of paper coating materials in food packaging, stationary and binding applications are driving the paper coating materials market.
However, factors such as fluctuation in raw material prices, lack of universal enforcement directorate pertaining to applications of paper coatings materials, environmental concerns on non-biodegradable plastics used in paper coatings materials and widespread digitalization across various industries are restraining the market growth over the forecast period.
Global Paper Coating Materials Market is segmented by product type, end-user and by region. By Product type, Sodium polyacrylates held the highest market share in 2029 and is expected to keep its dominance over the forecast period. Sodium polyacrylates paper coatings have unique features in the surface of the paper to provide a benefit and qualities that can’t be given by an uncoated paper. Sodium polyacrylates is the effective dispersants used in the paper industry. Sodium polyacrylates segment is followed by Precipitated Calcium Carbonate [PCC] and Ground Calcium Carbonate [GCC]. Precipitated Calcium Carbonate [PCC] segment is expected to hold xx% of market share over the forecast period owing to increasing use of Precipitated Calcium Carbonate [PCC] in high solids formulation in the paper coating process. By end user, packaging industry held the highest market share in 2019 and is expected to keep its dominance over the forecast period. Packaging industry segment is driven largely by demographic shifts and consumer trends such as the demand for convenience and sustainability.
By geography, APAC held the highest market share in 2019 and is expected to keep its dominance over the forecast period owing to increasing demand for coated paper, especially from emerging economies such as China and India. Factors such as flourishing food and packaging industry in China, India, Vietnam, South Korea and Japan, rapidly growing end-user industries, growing demand for sustainable products and increasing presence of major market in this region are mainly driving the market growth in this region. APAC is followed by North America and Europe. North America is expected to hold xx% of market share over the forecast period owing to high demand for coated paper for packaging and printing applications. Europe is expected to hold xx% market share over the forecast period due to stringent regulations pertaining to environment.
Report covers in depth analysis of key development, marketing strategies, supply-side and demand side indicators and company profiles of market leaders, potential players and new entrants. Key players operating in this market are adopting various organic and inorganic growth strategies such as merger& acquisitions, joint ventures, collaborations, expansion, new product launches and patents to increase their regional presence and business operatations.
The objective of the report is to present a comprehensive analysis of the Global Paper Coating Materials Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Paper Coating Materials Market dynamics, structure by analyzing the market segments and project Global Blow Molding Plastics Market Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Paper Coating Materials Market make the report investor’s guide.
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Scope of Global Paper Coating Materials Market
Global Paper Coating Materials Market by Product Type
• Ground Calcium Carbonate [GCC]
• Precipitated Calcium Carbonate [PCC]
• Sodium polyacrylates
• Kaolin Clay
• SB Latex
• Titanium Dioxide
• Wax
• Starch
• Talc
• Others
Global Paper Coating Materials Market by End-User
• Binding
• Stationary
• Packaging
• Corrugated Boxes
• Others
Global Paper Coating Materials Market by Region
• North America
• APAC
• Europe
• MEA& Africa
• Latin America
Global Paper Coating Materials Market Major Players
• Omya AG
• Michelman Inc
• Imerys SA
• BASF SE
• Penford Corporation
• Dow Chemicals
• DuPont
• Archroma
• Trinseo S.A
• Thermax Limited
• Orient Packagings Ltd.
• Raj Chemicals Ltd.
• Celanese Corporation
• Hansol Chemical
• EcoSynthetix Inc.
• Wires and Fabriks (S.A.) Ltd.
• Mayfair Biotech Pvt. Ltd.
• Bercen
• OMNOVA Solutions Inc.
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