Title: Global Paper Coatings Additives Market is expected to grow at CAGR of 0.15% to reach $2580.37million by 2023.
1Global Paper Coatings Additives Market is
expected to grow at CAGR of 0.15 to reach
2580.37million by 2023.
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2Asia-Pacific has the foremost market in paper
coating additives among all the regions. The APAC
market is estimated to increase its market with a
growing CAGR of 1.02 to reach revenue of
1238.20 million by 2023. The market is
exhibiting a strong growth due to high rate of
production in the corrosion inhibitorcoated
paper. China is the leading region in the APAC
for chemical manufacturers of paper and additives
for investment and developing their business.
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3Selected Analysis Done in the Full Report
Every additive type to be used depends on the
type of coating formulation that is used for
coating the paper. Dispersants are the mostly
used additives which have major market in terms
of volume and revenue. This is because of the
dosage of dispersant in paper coating is more
when compared to other additives. The Dispersants
market generated revenue of 1001.30 million in
2017 and is projected to grow at a CAGR of 0.27
to reach revenue of 1085 million by 2023.
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4Excerpts on Market Growth Factors
- E-commerce market has lifted the food packaging
industry, which is rapidly evolving in emerging
countries such as India, China, and Africa.
Functions like holding back easy absorption of
wet, glossy look and UV coatings among other
features are the reason behind the growth of the
market. - Multifunctional additives, strict environmental
protocols, emerging shift of solvent in
technologies, and growing awareness among users
are benefiting paper coating additives end user
markets.
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5Key Players of the Paper Coating Additives Market
- Kernow Coatings
- DuPont
- Zigma International
- Michelman Inc.
- Omya AG.
- Imerys SA.
- And 15 more
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