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Global Paper Pigments Market Insight February 23, 2022 Comments

According to the WK-chem Research “Global Paper Pigments Professional Survey Report 2022, Forecast to 2027”, The global Paper Pigments market is primarily driven by increasing demand for paper in the packaging industry, high demand in developing countries, and sustained demand for uncoated paper are major factors likely to drive the paper pigments market during the forecast period. The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 6.2% base on WK-chem Research regression analysis model.
Analysts’ Viewpoint:
“Rise in the rapid urbanization and industrialization is the vital factor escalating the market growth, also rise in the need for superior-quality coated paper products, rise in the growth of packaging industry, rise in the demand for superior quality coated paper and high demand in developing countries are the major factors among others driving the paper pigments market. Moreover, rise in the need for superior quality coated paper and rise in the research and development in the market will further create new opportunities for the paper pigments market in the forecast period of 2022- 2027.” said Daniel Lee, Senior analyst, Chemical & Material Market Research Center in WK-chem Research.
Market insight:
Paper pigments are widely used in papermaking, and they are expected to be the fastest-growing market during the forecast period. In papermaking, pigments are fine inorganic particles added to paper as filler, to impart color and as a coating to paper. Pigments, such as clay (kaolin and Talc), titanium dioxide, and calcium carbonate, are widely used in the presence of binders, which helps in adhering of pigment particles to paper fabrics. Pigment particles should have low solubility in water, less particle size, a high degree of whiteness, light fastness, and be inert to other chemicals used in paper manufacturing. Uncoated paper is less smooth than coated paper and absorbs more ink. The uncoated paper provides higher contrast and provides a more refined look. It is used in printing business cards, envelopes, brochures, invitations, and paper used for writing and printing. The growing demand for uncoated paper from various sectors, such as educational institution, businesses, and newsprint, is expected to drive the market for the paper pigments during the forecast period.
Competition Landscape:
The Paper Pigments market is highly competitive, and thus, manufacturers continuously focus on developing new strategies to grab more customers across the globe. Besides expanding their presence, companies are expected to formulate effective distribution strategies to make their presence felt in the upcoming markets for Paper Pigments. The importance of eco-friendly products is increasing in the packaging industry, which has led to the use of sustainable and recyclable packaging materials by manufacturers. This has also resulted in a rise in recycling activities in the paper industry, thereby increasing paper use in the packaging industry.
This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Paper Pigments companies that include Omya, Imerys, Minerals Technologies, BASF, and Ashapura Group. Other prominent players in the market are Huber, Kemira Oyj, Chemours, Thiele Kaolin Company, and DuPont.
Segmentation of Paper Pigments Market:
By product, the global Paper Pigments market is segmented into Calcium Carbonate, Kaolin, and Others. Calcium carbonate is the most widely used paper pigment and has been used for the last 30 years. The increasing demand for bright and bulk paper leads to the increasing preference for calcium carbonate over kaolin. Calcium carbonate is less expensive and enables brighter paper than possible with the use of kaolin. The leading countries accounting for a large market share in the paper pigments market are China and the US. The use of calcium carbonate also increases for coated and uncoated papers due to the enhanced brightness imparted to paper.
By application, the global Paper Pigments market is segmented into coated paper and uncoated paper. Coated paper accounted for the largest share in the global paper pigment market. The need for superior quality paper is increasing, and hence this segment offers significant growth potential for paper pigments in coated papers. In Europe and North America, the growth rate of the coated paper segment is higher than that for the uncoated paper segment. Moreover, the loading percentage of paper pigments going into coating increases; while, the percentage of fillers is relatively lower.
Paper Pigments Market: Regional Analysis
In terms of geography, the global Paper Pigments market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. APAC is expected to grow at the highest CAGR in the paper pigments market during the forecast period. Due to the low proliferation of technology and lower environmental regulations, there is a sustained increase in the demand for paper in the APAC countries. However, reducing the use of writing paper due to the increasing adoption of electronic devices and digitization might slow the growth during the forecast period. The region also benefits due to the availability of raw materials, which further facilitates the high production of pulp & paper. Countries like China, Japan, South Korea, Indonesia, and India lead in terms of paper production and are major consumers of paper pigments.The market in the region is projected to expand rapidly during the forecast period. The paper pigments market is experiencing strong growth and increasing investments to meet the demand from the paper industry in the Asia Pacific. Due to the low proliferation of technology and less stringent environmental regulations in the region, the paper pigments market in the Asia Pacific is expanding rapidly.
Cagr: 6.2%
Largest share area:Asia Pacific
Largest share country:China
Product Type:Calcium Carbonate, Kaolin, and Others
Application:Coated Paper and Uncoated Paper
Leading Company:Omya, Imerys, Minerals Technologies, BASF, and Ashapura Group