The paper pigments global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Paper Pigments Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The paper pigments market size has grown strongly in recent years. It will grow from <b>$16.6 billion in 2023 to $17.59 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. </b> The growth in the historic period can be attributed to growth in paper and packaging industry, increasing demand for specialty papers, rising disposable income and consumer goods demand, globalization and trade of paper products, shift towards eco-friendly pigments, government regulations on packaging materials.
The paper pigments market size is expected to see strong growth in the next few years. It will grow to <b>$22.03 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. </b> The growth in the forecast period can be attributed to consumer preferences for high-quality printing, adoption of recycled paper, biodegradable packaging materials, stringent regulations on chemicals, customization in packaging design, population growth and urbanization. Major trends in the forecast period include rise in digital printing and specialty papers, technological advancements in pigment production, shift towards water-based pigment dispersions, increasing use of synthetic and organic pigments, demand for high-performance pigments in packaging, integration of pigments in sustainable packaging.
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Scope Of Paper Pigments Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Paper Pigments Market Overview
Market Drivers –
The high demand for paper in emerging countries is driving the demand for the paper pigments market. Emerging countries are the countries whose economies are transitioning into developed economies, and their examples include countries such as India, Brazil, and so on. Paper pigments are used in the manufacturing process of paper for coating as well as for other purposes, and an increase in the demand for paper will in turn drive the demand for paper pigments. For instance, according to the Indian Paper Manufacture Association (IPMA), an independent body of paper manufacturers in India, paper consumption in India is likely to witness 6% to 7% annual growth and will reach 30 million tons by the financial year 2026-27. Therefore, the high demand for paper in emerging countries will drive the growth of the paper pigment market.
Market Trends –
Product innovation is a key trend in the paper pigment market. Major players operating in the market are introducing innovative sustainable features with high performance in pigment stabilization. For instance, in October 2021, Sun Chemical, a US-based producer of printing inks and coatings, launched Xennia Pearl pigment inks. Xennia Pearl pigment inks are sustainable, as they reduce water use and chemical waste. This pigment has exceptional print performance, high fastness, multi-substrate compatibility, and consistent color.
The paper pigments market covered in this report is segmented –
1) By Type: Calcium Carbonate, Kaolin, Titanium Dioxide, Clay, Other Types
2) By Application: Coated Paper, Uncoated Paper
3) By Industry Vertical: Print Media, Stationary, Packaging, Personal Care, Other Industry Verticals
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Regional Insights –
Asia-Pacific was the largest region in the paper pigments market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the paper pigments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the paper pigments market report are IMERYS S.A., JM Huber Corporation, BASF SE, Kemira Oyj, The Chemours Company, Ashapura Minechem Ltd., Solenis International LLC, Lanxess AG, Heubach GmbH, Tronox Limited, Clariant International AG, Ferro Corporation, KRONOS Worldwide Inc., Sun Chemical Corporation, The Aditya Birla Group, Cabot Corporation, En-Tech Polymer Co. Ltd., GAB Neumann GmbH, Hansol Chemicals, Kokuyo Camlin Ltd., KaMin LLC., Minerals Technologies Inc., Omya AG, Sudarshan Chemical Industries Ltd., Thiele Kaolin Company, Altana AG, DIC Corporation, Merck KGaA, Pidilite Industries Limited, Organic Dyes and Pigments LLC, Purpurlab GmbH
Table of Contents
1. Executive Summary
2. Paper Pigments Market Report Structure
3. Paper Pigments Market Trends And Strategies
4. Paper Pigments Market – Macro Economic Scenario
5. Global Paper Pigments Market Size and Growth
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31. Global Paper Pigments Market Competitive Benchmarking
32. Global Paper Pigments Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Paper Pigments Market
34. Paper Pigments Market Future Outlook and Potential Analysis
35. Appendix
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