The global demand for Paper Coating Materials Market is presumed to reach the market size of nearly USD 11.11 BN by 2030 from USD 5.54 BN in 2022 with a CAGR of 8.04% under the study period 2023 - 2030.
Paper coating materials are used to improve the properties of the paper. Properties like brightness, gloss, and smoothness can be brought out with the help of these materials. There are nine paper coating materials: GCC, PCC, kaolin clay, talc, starch, SB latex, titanium dioxide, wax, and others. GCC constitutes a significant share of the global paper coating materials market as it is used as a pigment.
Market Dynamics
The demand for these paper coating materials is growing due to their growing demand in end-user industries like the manufacturers of binding covers and corrugated boxes. The need for paper coating materials depends on paper manufacturing companies as they are the ones who use them. With the growth in the paper industry, there will be equal growth in the demand for paper coating materials. The packaging sector dominates the global paper coating materials market. Paper packaging needs to be more challenging, so they are coated with these materials to add properties like gloss, rigidity, and durability. Since the use of single-use plastic is being discouraged, the use of alternatives made of paper has been increasing, increasing the demand for paper coating materials as they are needed to make paper useful as straws, cups, etc.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of paper coating materials. The growth and trends of paper coating materials industry provide a holistic approach to this study.
Market Segmentation
This section of the paper coating materials market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By End Use
- Binding
- Stationary
- Packaging
- Corrugated Boxes
- Others
By Material Type
- Calcium Carbonate
- Kaolin Clay
- Titanium Dioxide
- Starch
- Others
By Coating Type
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Paper Coating Materials market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Paper Coating Materials Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the paper coating materials market include BASF SE, The Dow Chemical Company, Celanese Corporation, Imerys SA, Omya AG, Penford Corporation, Michelman Inc., Nippon Paper Industries Co., Ltd, Eastman Chemical Company, Asia Pulp & Paper (APP) Sinar Mas. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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