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 and Others), by End-User (Binding, Stationary, Packaging, Corrugated Boxes, Others), by Region (North America, APAC, Europe, MEA& Africa, Latin America).
Paper coating materials are used as coatings on base papers to impart various properties such as lustre, smoothness, and resistance. 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 are restraining the market growth over 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 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 uncoated paper. Sodium polyacrylates is the effective dispersants used in the paper industry.
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.
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. Some of the major key player operating in this market are 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 and OMNOVA Solutions Inc. among others. These key players are adopting various organic and inorganic growth strategies such as merger& acquisitions, joint ventures, collaborations, expansion, new product launches and patent to increase their regional presence and business operatations.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Paper Coating Materials Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Paper Coating Materials Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Paper Coating Materials Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Paper Coating Materials Market.”
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