Market Overview:
Paper Pigments are fine and inorganic particles used as
fillers and coatings in papermaking. They are extensively added to fill, color,
or coat paper. The use of pigments in wet end process and paper coating results
in low cost and improved quality. They can be used in high quality label
papers, premium white coated board, thin printing papers, high speed inkjet
papers, and specialties like tipping papers. Some of the common pigments used
are calcium carbonate, clay, and titanium dioxide.
The Global Paper Pigments Market is primarily driven by
the growing demand for cardboard packaging owing to the increasing manufacturing
and e-commerce activities. Other major factor driving the global market include
increasing demand for better quality packaging of FMCG products coupled with
the rising inclination towards the ready-to-eat food. This can be attributed
towards the rising working population, high disposable per capita income, and
the changing lifestyle trend of the consumers. Furthermore, the rising demand
for bio-degradable, bio-based, and lightweight packaging materials in various
end-use industries such as consumer goods, electronics, and pharmaceuticals are
propelling the market growth. The high production and sales of consumer goods
and electronics in emerging economies of Asia-Pacific is another factor
positively influencing the market growth. Additionally, the paper can be
recycled which has benefits such as saving of landfill space, reduction of
paper disposal, and is environment-friendly, which further drives the demand
for paper pigments.
However, the risks associated with the rising prices of
raw materials is likely to hamper market growth during the forecast period.
Market players are focusing
on strategic developments such as capacity expansion, partnership, and
acquisitions. For instance, in July 2018, Minerals Technologies Inc. signed an
agreement with Shouguang Meilun Paper Co., Ltd., a wholly owned subsidiary of
Shandong Chenming Paper Holdings Ltd. to build a precipitated calcium carbonate
plant at its paper mill in China with a production capacity of 150,000 metric
ton per year. In another instance, Omya AG entered into a distribution
agreement with JECO Pigment China in which Omya will become an international
distributor and represent JECO Pigment China products in 50 US states as well
as in Mexico, Caribbean, Central America, Panama, Venezuela, Colombia, Ecuador,
Peru, Chile, Bolivia, Argentina, Uruguay, and Paraguay.
Global Key
Players:
·
Omya AG
·
Imerys
·
Minerals
Technologies
·
BASF SE
·
Ashapura
Group
·
J.M. Huber
Corporation
·
Kemira Oyj
·
The
Chemours Company
·
Thiele
Kaolin Company
·
KaMin LLC.
/ CADAM
Regional
Analysis:
The Global Paper Pigments
Market has been segmented into five regions, namely, Asia-Pacific, North
America, Europe, Latin America, and the Middle East & Africa.
The market in Asia-Pacific
dominated the Global Paper Pigments Market in 2017 due to the high demand from
packaging industry for food & beverage, electronics, pharmaceuticals, and
others. The high growth of the market in this region can also be attributed to
the easy availability of raw materials, which results in high production of
paper and pulp.
North America accounted for
the second-largest market share in 2017 on account of the high demand for
paper pigments from the food & beverage, pharmaceuticals, and electronics
packaging in the region.
The European market is
primarily driven by the demand from pharmaceuticals industries in Western
Europe.
Industry Segmentation:
The Global Paper
Pigments Market Size has been segmented on the basis of Type, Application,
and Region.
On the
basis of Type, the market has been
segmented into calcium carbonate, kaolin, and others. The calcium carbonate
segment is further bifurcated into ground calcium carbonate (GCC) and
precipitated calcium carbonate (PCC). Kaolin segment is classified into hydrous
and calcinated.
By
Application, the market has been divided
into coated and uncoated paper. The coated paper is further classified on the
basis of coating type into satin-coated paper, gloss-coated paper, dull-coated
paper, matte-coated paper, and cast-coated paper. The uncoated paper is
categorized based on the surface type into woven or smooth uncoated paper, laid
uncoated paper, and linen uncoated paper.
Intended
Audience
- Paper pigments manufacturers
- Traders and distributors of paper pigments
- Research and development institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratories
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