Paper Coating Materials Market worth $6.5 Billion by 2019
- Written by Kim Carter
Browse 88 market data tables, 32 figures spread through 260 pages and in-depth TOC on “Paper Coating Materials Market - Regional Trends & Forecast to 2019”
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It also identifies the driving and restraining factors for the paper coating materials market with an analysis of trends, opportunities, burning issues, and winning imperatives. The market is segmented and the value has been forecasted on the basis of important regions such as North America, Asia-Pacific, Europe, and Rest of the World (ROW). Further, the market is segmented and the demand and value are forecasted on the basis of key applications of paper coating materials such as various coated papers, corrugated packaging, and others.
GCC - key market for paper coating materials
The paper coating materials market is segmented into following types: GCC, PCC, Kaolin Clay, Talc, Starch, SB latex, Titanium Dioxide, Wax, and others. Each type of paper coating material has its own properties and applications. These individual paper coating materials have application specific demands that are differentiated by placement, cost, and efficiency. SB latex being the most costly material, accounts for substantial market value, even its consumption is less.
Starch and SB latex are used as binders in the manufacturing process of coated papers. Kaolin clay finds its main application as filler in the paper coating process. The use of these paper coating materials increases the quality of the coated paper.
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Paper coating materials market value to reach $6.5 Billion by 2019
The market for paper coating materials, in terms of value is estimated to reach $6.5 Billion by 2019, growing at a CAGR of 2.5% from 2014 to 2019. In terms of volume, Asia-Pacific dominated the paper coating materials market in 2013 and is estimated to remain the major market by 2019, growing at a CAGR of 4.2% during the review period. Europe and North America are projected to experience a comparatively slower growth rate for the next five years, owing to rising consumption in the Asia-Pacific region, where end-user markets of paper coating materials are growing rapidly.
ROW and Asia-Pacific accounted for more than 50% of the paper coating materials value in 2013
ROW is estimated to be the second fastest growing market for paper coating materials in the next five years. The Asia-Pacific will be the largest, with major developments in China, South Korea, and Japan. ROW and Asia-Pacific together accounted for more than 50% of the paper coating materials market volume in 2013. These two regions are expected to compete with each other to dominate the market by 2019, with advanced technological developments in paper coating materials for end-users.