Zion Market Research has published a new report titled “Paper Pigments Market by Type (Calcium Carbonate and Kaolin) and by Application (Coated Paper and Uncoated Paper): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024’’. According to the report, the global paper pigments market was valued at around USD 13.05 billion in 2017 and is expected to reach approximately 17.95 billion by 2024, at a CAGR of slightly above 5.5% between 2018 and 2024.
Paper is mainly coated to enhance its printability. Pigmentation of paper coatings is only one of the few interlocking variables that impact the last print quality. Other fundamental highlights incorporate optical consistencies identified with a gleam and geometrical consistency, which is identified with smoothness and printability.
Calcium carbonate is likely to be the biggest and fastest developing paper pigment kind in the paper pigments market globally. It is the best paper pigment that gives around 92% paper brilliance on an economic price. The requirement of paper in the packaging industry is one of the major factors that is anticipated to support the market for paper pigments’ development in the upcoming years. The recent technological developments, such as industry 4.0, have increased the adoption of sustainable packaging solutions. The key players operating in the market are adopting various strategies to support the expansion of the paper pigments market globally. The increase in the adoption of eco-friendly packaging solutions, such as biodegradable packaging, to reduce the harmful environmental impacts has been adopted by the key market players. There is an increase in the demand for uncoated woodfree (UWF) paper, owing to recyclability and cost-effectiveness as compared to regular paper. Therefore, an increase in the demand for UWF is likely to accelerate the demand for paper pigments in the near future. However, the growing environmental concerns related to paper recycling might limit this market’s future on a global scale.
The paper pigments market is classified based on type and application. Based on the type, this global market is bifurcated into calcium carbonate and kaolin. The application segment includes coated paper and uncoated paper. Coated paper is likely to dominate the paper pigments market globally over the estimated time period.
Based on region, this global market is classified into Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific region contributed a significant share to the paper pigments market in terms of volume in the year 2017, owing to the increased use of paper pigments in the developing regions, such as China and India. The North American paper pigments market is likely to witness a noteworthy rate of growth in the projected timeframe.
Some key participants of the paper pigments market are Imerys S.A., J.M. Huber Corporation, BASF SE, Kemira Oyj, The Chemours Company, Thiele Kaolin Company, Omya AG, Ashapura Group, Kamin/Cadam, and Minerals Technologies Inc., among others.
This report segments the global paper pigments market into:
Paper Pigments Market: Type Analysis
Paper Pigments Market: Application Analysis
Paper Pigments Market: Regional Analysis
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