Market Size of Paper Coating Material Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Paper Coating Materials Market Analysis
The global paper coating material market is projected to register a CAGR of over 4% during the forecasted period.
The market was negatively impacted by COVID-19 in 2020. However, the market recovered significantly in the 2021-22 period. The packaging and printing activities have reinstated the demand for paper coating materials, including art papers, low-coat weight papers, and others. The pandemic has increased the demand for packaging from the food and e-commerce industry, thereby stimulating the demand for the market studied.
- One of the main factors driving the market is the growing demand for paper coating materials from the printing and packaging industry.
- However, the increasing use of electronic media is expected to hinder the growth of the market studied.
- The growing demand for biopolymer paper coating material from the paper industry is likely to act as an opportunity for the market studied in the coming years.
- The Asia-Pacific region is expected to dominate the market with the largest consumption from countries such as China and India.
