According to the market research report, “Paper Coating Additives Market: Type (Dispersant, Defoamer, Rheology Modifier, Others), By Formulation (Waterborne, Solventborne, Powder and High Solids) Paper Type (Packaging, Printing & Writing, Specialty Coated, Others) – Forecast(2015-2020)”, published by IndustryARC, the global paper coating additives market to reach $2,569.1million by 2020
Browse 92 Market Tables, 31 Figures spread through 160 Pages and an in-depth TOC on “Paper Coating Additives Market”
The paper coating additives market in 2014 was $2,545.8 million and dominated by APAC region accounting for more than 44.4% market revenue share. APAC is the emergingmarket and has a continuous growth for paper coating additives market due to increasing demand for packaging paper in countries such as China, South Korea, India and others.It is projected that APAC would share a market of 47% of the global paper coting additive market by 2020.
The countries such as China, India, Indonesia and South Korea are the top four countries in APAC for the paper coating additives market. Among the four, India, China and South Korea have a major share in the food packaging additives. It is evident that from the market that the packaging paper as well as the food packaging paper has been witnessing a growth from past few years across the globe especially in emerging markets of APAC, thus a major drive factor for the paper coating additives demand in APAC.
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The global production for coated paper has reduced, as a result the usage of paper coating additives has fallen. Paper coating additives market is estimated to decline further in the next few years due to increase in demand for high quality uncoated paper which is of low cost comparatively and also decrease in usage of printing & writing paper with the increased demand for electronic devices such as laptops, personal computers, tablets and so on.
Compared to other regions, APAC is experiencing positive growth during the forecast period.The rise in demand from food packaging paper, digital print paper and art paper has led to increase in demand for coated paper additives, especially in emerging economies such as China, South Korea, India and Indonesia. Paper coating additives market share in APAC region is estimated to be almost half of the global market by 2020.
The Major Players in this Market Include:
- BASF SE(Germany)
- The Dow Chemical Company(U.S.)
- Ashland Inc.(U.S.)
- Kemira OYJ(Finland)
- Evonik Industries AG (Germany)
- Few more
The various end applications studied in the paper coating additives marketreport include:
- Packaging paper
- Printing and writing paper
- Specialty Coated paper
The overall market is also presented from the perspective of different geographic regions and the key countries for this industry. Competitive landscape for each of the product types is highlighted and market players are profiled.
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