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Paper Coating Materials market To Expand At A Cagr Of 7.32% Through 2026 | Kernow Coatings, DuPont, Zigma International, Michelman Inc
Paper Coating Materials market
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Paper Coating Materials Market Taxonomy
On the basis of application, the global Paper Coating Materials market is classified into:
Coated 1
Coated 2
Coated 3
Coated 4
On the basis of material, the global Paper Coating Materials market is classified into:
Starch
PCC
GCC
Kaolin Clay
Wax
SB latex
Talc
Titanium Dioxide
Titanium dioxide and talc are used in small quantities for special applications which require extreme whiteness, pitch control and opacity. Wax coating is an effective and economical coating method which helps to protect products from water, humidity and greases. In food industry paper is coated to prevention against humidity and oxygen. For packaging of chemicals coating materials are used to prevent any reaction with the packaging material and for protection against any external conditions such as air, sunlight, water etc.
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Asia Pacific and North America are expected to be the most potential markets for paper coating material manufacturers. According to IBEF, the demand for paper in India is expected to rise 53% by 2020. In the past few years, the Indian paper sector has invested an amount of US$ 20 billion on technology upgrade, capacity enhancement and acquisitions. The rapidly growing paper industry coupled with application of paper various uses such as corrugated boxes, food packaging is anticipated to boost the paper coating materials market.
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