Pune, India -- (SBWIRE) -- 08/25/2018 -- Competitive Landscape:
The global paper coating materials market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of paper coating materials market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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Definition:
Paper Coating Materials are used to coat the paper in order to enhance its appearance, sleekness, and resistance. Paper Coating Materials are prepared by using – Silicate of Magnesia, Calcium Magnesium Carbonate and Alganic acid. The demand for Paper Coating Materials is huge for various uses such as packaging, wallpaper, stationery, and bookbinding. According to the Paperboard Packaging Council (PPC), in 2015, North American industries shipped 4.94 million tons of paperboard packaging with an estimated value of USD 1,765 per ton. As per the IRIS the packaging industry is expected to grow at an annual rate of 0.5% in tons and 1.3% in sales. The average value per ton per year is expected to rise 0.8% for the 5 year period between 2015-2019. This above factor proves that the market for paper and packaging around the globe is growing and will drive the demand for Paper Coating Materials.
Market Analysis:
The Global Paper Coating Materials Market is expected to reach USD 58.09 billion by 2025, from USD 41.26 billion in 2017 growing at a CAGR of 4.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Drivers:
- Demand of Customized Grades According to Applications
- New Emerging Markets
- High demand from end use industries
Market Restraint:
- Harmful effect of Paper Coating Materials
- Growing Electronic Media Industry
Market Segmentation:
By Type:
- Oxidation of Ethylene
- Ground Calcium Carbonate (GCC)
- Precipitated Calcium Carbonate (PCC)
- Kaolin Clay, SB Latex, Titanium Dioxide
- Wax
- Starch
- Talc
- Others
By Application:
- Coated 1
- Coated 2
- Coated 3
- Coated 4
- Others
By End User:
- Binding
- Stationary
- Packaging
- Corrugated Boxes
- Others
By Geography:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
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Key Market Competitors:
The key players operating in the global paper coating materials market are –
- BASF SE
- Eastman Chemical Company
- Michelman Inc
- Asia Pulp & Paper Co. Limited
The other players in the market are –
- Stora Enso Oyj
- Nippon
- Sappi Ltd
- UPM-Kymmene Corp
- Arjowiggins SAS
- Verso Corporation
- Imerys S.A.
- Penford Corporation
- Burgo Group S.p.A.
- Penford Corporation
- The Dow Chemical Co.
- Mondo Minerals B.V.
- Roquette Group
- Avebe
- Omya Ag
- Imerys S.A.
- many more.
Key Insights in the report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global paper coating materials market
- Analyze and forecast the paper coating materials market on the basis of type, application, and end user
- Trends of key regional and country-level markets for type, application, and end user
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
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