Key Players Focus on Research and Development in Paper Pigments Market| MarketsandMarkets™
Paper pigments are additives to paper that improve its appearance and quality. These pigments, which might be organic or inorganic, are often added to paper during the manufacturing process. There are numerous types of paper pigments available, each with its own distinct features and advantages. To increase the opacity, brightness, and whiteness of paper, inorganic pigments such as titanium dioxide and calcium carbonate are widely utilized. These pigments also contribute to the paper's printability and writing surface. Organic pigments, on the other hand, are employed to make paper colorful. These pigments come in a variety of colors, including red, blue, yellow, and green, and are used to make colored paper and packaging.
The report "Paper Pigments Market by Type (Calcium Carbonate and Kaolin), Application (Coated Paper and Uncoated Paper), and Region (APAC, North America, Europe, and RoW (Middle East & Africa and South America)) - Global Forecast to 2023" The paper pigments market is projected to grow from USD 13.52 billion in 2018 to USD 17.72 billion by 2023, at a CAGR of 5.6% from 2018 to 2023. Increasing demand for paper from the packaging industry, high demand in emerging countries, and sustained demand for uncoated paper is projected to drive the paper pigments market.
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Based on type, the calcium carbonate segment is estimated to lead the paper pigments market
According to estimates, the calcium carbonate segment will be the largest segment of the paper pigments market. Calcium carbonate is an inorganic pigment commonly used in the paper industry to improve opacity, brightness, and whiteness.
Calcium carbonate comes in a variety of grades and particle sizes and can be utilized in a variety of paper applications such as printing and writing papers, packaging papers, and tissue papers. Its inexpensive cost, strong brightness, and outstanding optical qualities make it chosen over other pigments.
The growing need for paper goods, particularly in emerging nations such as China and India, drives the demand for calcium carbonate pigments in the paper sector. Furthermore, the growing usage of recycled paper is raising the demand for calcium carbonate pigments, which are used to improve the quality of recycled paper.
Based on application, coated paper is estimated to lead the paper pigments market
Coated paper is expected to be the largest application category of the paper pigment market. Coated paper is a form of paper that has a pigment or polymer coating applied to one or both sides. This coating is often used to improve the surface qualities of the paper, such as brightness, smoothness, and printability.
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Pigments are a necessary component of the coating used on coated paper. These pigments, which can be inorganic or organic, are used to enhance the opacity, brightness, and color of the paper. Because they give high opacity and brightness, inorganic pigments such as calcium carbonate are often employed in coated paper applications.
Coated paper demand is being driven by rising demand for high-quality printing and packaging materials in a variety of industries, including food and beverage, healthcare, and consumer goods. Coated paper is also utilized in periodicals, catalogs, and other printing applications that require high-quality print reproduction.
The Asia Pacific paper pigments market is projected to grow at the highest CAGR during the forecast period
The Asia Pacific region is expected to have the highest CAGR in the paper pigments market during the forecast period. The increasing demand for paper products in emerging economies such as China and India, the growing adoption of sustainable and eco-friendly paper products, and the presence of a large number of paper mills in the region all contribute to the growth of the Asia Pacific paper pigment market.
Furthermore, the region's expanding disposable income and shifting consumer preferences are driving demand for high-quality paper products such as premium magazines, books, and packaging materials. This is projected to boost demand for paper pigments in the region even further.
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Key Players in the Paper Pigments Market:
The key players in the paper pigments market include Omya (Switzerland), Imerys (France), Minerals Technologies (US), BASF (Germany), Ashapura Group (India), Huber (US), Kemira Oyj (Finland), Chemours (US), Thiele Kaolin Company (US), KaMin/CADAM (US). and others.
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