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Paper Pigments Market Is Expected To Reach Around USD 17.95 Billion By 2024

01-17-2019 01:42 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: zion market research

Paper Pigments Market Is Expected To Reach Around USD 17.95

According to the New Research 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.

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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 time frame.

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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

Calcium Carbonate
Kaolin

Paper Pigments Market: Application Analysis

Coated Paper
Uncoated Paper

Paper Pigments Market: Regional Analysis

North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

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Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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