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Paper Coating Binders Market Size to Surpass USD 48264 million by 2029, Exhibit a CAGR of 3.1% | Key Driving Factors, Explosive Trends by Regions and Global Forecast 2029
Paper Coating Binders Market Overview:Paper coating binder is a crucial component in the production of paper coatings. It is used to give pigment particles adhesion and to attach them to the paper's coating layer. Paper coating binders are versatile compounds that are used as coatings on base sheets to add smoothness, gloss, and resilience. Plastics, latex, and clay are used to enhance the aesthetic appearance of coated paper goods while also enhancing recyclability and sterility. Paper coating binders keep the paper from turning yellow due to heat and light exposure. Paper coating binders are little spherical particles that improve paper's printing properties. They are water-soluble polymers that affect paper's color viscosity, size, and water retention ability.
The global Paper Coating Binders is estimated to be valued at USD 33052 million in 2021 and is forecast to reach USD 48264 million by 2029, growing with a CAGR of 3.1% from 2022-2029.
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Rising demand for paper for industrial packaging is likely to boost the demand for paper coating binders globally. Expansion of the paper industry is likely to propel the demand for paper coating binders due to an increase in the demand for good quality paper. Consequently, the demand for paper coating binders is expected to rise, as these binders improve stiffness, printability, whiteness and provide resistance against yellowing. Current paper coating binders deliver complete paler binder optimization, and improve runnability by delivering low high-shear viscosity and enhancing water retention, as compared to that offered by traditional paper coating binders.
Paper Coating Binders Market Key Players
The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are BASF SE, The Dow Chemical Company, Trinseo S.A, Bercen, Thermax Limited, Mayfair Biotech Pvt. Ltd., Raj Chemicals Ltd., OMNOVA Solutions Inc., Wires And Fabriks (S.A.) Ltd., Orient Packagings Ltd., Hansol Chemical, Celanese Corporation, EcoSynthetix Inc. and Others
Recent Development
November 30, 2021- Trinseo to Showcase High-Performance Latex Binders for Coating and Adhesion of Electrodes at the European Battery Show 2021
Trinseo (NYSE: TSE), a global materials company and manufacturer of plastics and latex binders, will highlight its VOLTABOND™ Binders product portfolio at the European Battery Show in Stuttgart, Germany, from November 30 - December 2 at booth 451 in hall 6.
September 20, 2021 - Trinseo Tapped for Thought Leadership on Coating Binders for Paper & Board
Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics and latex binders, will participate in the TAPPICon 2021 Conference from October 4 - 6. The conference, hosted by the 106-year-old Technical Association of the Pulp and Paper Industry (TAPPI), is North America's premier industry association supporting the pulp, paper, and packaging industry.
September 12, 2020- BASF expands paper coating portfolio for the Nordic market at its site in Hamina, Finland
BASF's new low odor binder for paper coatings, which is based on styrene butadiene, is specially designed for odor sensitive applications in the board and packaging market in the Nordic region.
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Paper Coating Binders Market Segmentation:
Paper Coating Binders Market by Type, 2020-2029, (USD Million, Kilotons)
Petroleum Based Paper Coating Binders
Bio Based Neon Coating Binders
Paper Coating Binders Market by Application, 2020-2029, (USD Million, Kilotons)
Paper
Textile
Construction
Others
Growth Factors:
Increasing demand from the Paper Coating Binders industries
The growing use of Paper Coating Binders in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Paper Coating Binders Market
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Paper Coating Binders Market Regional Analysis
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2029, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Key Paper Coating Binders Market Trends
- The report identifies, determines, and forecasts the Global Paper Coating Binders Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Paper Coating Binders Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is expected to drive the Growth
- Rising Adoption of Market Segments in the Paper Coating Binders Growth
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Paper Coating Binders Market.
Questions Answered in the Paper Coating Binders Market Report
Who are the leading market players active in the paper coating binders' market?
What current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?
What are paper coating binders?
What does Paper coating binders allow organizations to achieve?
Which technologies combine to make paper coating binders critical organizational asset?
What are the current trends and predicted trends?
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