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Paper Pigments Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | IMERYS S.A., JM Huber Corporation, BASF SE, Kemira Oyj, The Chemours Company, Ashapura Minechem Ltd.
Paper Pigments Market Characteristics
The Business Research Company offers in-depth market insights through Paper Pigments Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The paper pigments market size has grown strongly in recent years. It will grow from $16.6 billion in 2023 to $17.59 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to growth in paper and packaging industry, increasing demand for specialty papers, rising disposable income and consumer goods demand, globalization and trade of paper products, shift towards eco-friendly pigments, government regulations on packaging materials..
The paper pigments market size is expected to see strong growth in the next few years. It will grow to $22.03 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to consumer preferences for high-quality printing, adoption of recycled paper, biodegradable packaging materials, stringent regulations on chemicals, customization in packaging design, population growth and urbanization.. Major trends in the forecast period include rise in digital printing and specialty papers, technological advancements in pigment production, shift towards water-based pigment dispersions, increasing use of synthetic and organic pigments, demand for high-performance pigments in packaging, integration of pigments in sustainable packaging..
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Market Segmentation:
The paper pigments market covered in this report is segmented -
1) By Type: Calcium Carbonate, Kaolin, Titanium Dioxide, Clay, Other Types
2) By Application: Coated Paper, Uncoated Paper
3) By Industry Vertical: Print Media, Stationary, Packaging, Personal Care, Other Industry Verticals
Major Driver - Rising Paper Consumption In Emerging Economies Sparks Surge In Demand For Paper Pigments
The high demand for paper in emerging countries is driving the demand for the paper pigments market. Emerging countries are the countries whose economies are transitioning into developed economies, and their examples include countries such as India, Brazil, and so on. Paper pigments are used in the manufacturing process of paper for coating as well as for other purposes, and an increase in the demand for paper will in turn drive the demand for paper pigments. For instance, according to the Indian Paper Manufacture Association (IPMA), an independent body of paper manufacturers in India, paper consumption in India is likely to witness 6% to 7% annual growth and will reach 30 million tons by the financial year 2026-27. Therefore, the high demand for paper in emerging countries will drive the growth of the paper pigment market.
Competitive Landscape:
Major companies operating in the paper pigments market report are IMERYS S.A., JM Huber Corporation, BASF SE, Kemira Oyj, The Chemours Company, Ashapura Minechem Ltd., Solenis International LLC, Lanxess AG, Heubach GmbH, Tronox Limited, Clariant International AG, Ferro Corporation, KRONOS Worldwide Inc., Sun Chemical Corporation, The Aditya Birla Group, Cabot Corporation, En-Tech Polymer Co. Ltd., GAB Neumann GmbH, Hansol Chemicals, Kokuyo Camlin Ltd., KaMin LLC., Minerals Technologies Inc., Omya AG, Sudarshan Chemical Industries Ltd., Thiele Kaolin Company, Altana AG, DIC Corporation, Merck KGaA, Pidilite Industries Limited, Organic Dyes and Pigments LLC, Purpurlab GmbH
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Top Trend - Sun Chemical Sets A New Standard With Xennia Pearl Pigment Inks, Pioneering Sustainable Excellence In Paper Pigment Market
Product innovation is a key trend in the paper pigment market. Major players operating in the market are introducing innovative sustainable features with high performance in pigment stabilization. For instance, in October 2021, Sun Chemical, a US-based producer of printing inks and coatings, launched Xennia Pearl pigment inks. Xennia Pearl pigment inks are sustainable, as they reduce water use and chemical waste. This pigment has exceptional print performance, high fastness, multi-substrate compatibility, and consistent color.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Paper Pigments Market Characteristics
3. Paper Pigments Market Trends And Strategies
4. Paper Pigments Market - Macro Economic Scenario
5. Paper Pigments Market Size And Growth
…..
27. Paper Pigments Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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