The global paper pigments industry is poised to achieve a robust Compound Annual Growth Rate (CAGR) of 8.5%, reaching a market value of USD 28 billion.
The increasing demand for paper pigments across diverse industries such as automotive, construction, and healthcare, along with their cost-effectiveness compared to dyes, is driving market growth. Pigments offer several advantages, including being more lightfast than dyes, ensuring longer color retention when exposed to light.
Additionally, pigments exhibit greater resistance to fading caused by UV light, making them ideal for outdoor applications. Their high color intensity enables the creation of vibrant and bright hues, enhancing their suitability for various products. Pigments are also convenient to handle, store, and transport, remaining unaffected by temperature or humidity.
Moreover, pigments are considered environmentally friendly as they do not release harmful chemicals into the environment, further contributing to their appeal over dyes.
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Paper Pigments Market: Market Dynamics
The demand for printing and writing papers is expected to rise due to increasing concerns for educational development and government initiatives aimed at promoting educational activities. Additionally, there is a growing focus on “green packaging” among packaging experts and consumer product companies, leading to an increased demand for sustainable paper products.
The expansion of modern retail outlets is anticipated to drive the demand for paper bags, further boosting the overall demand for paper products. As a result, manufacturers are expected to increasingly rely on paper pigments to meet the rising demand for sustainable packaging solutions.
Paper pigments play a crucial role in enhancing the safety and functionality of paper products throughout the production process, from manufacturing to final use. They improve the appearance, surface, and functional properties of paper, ensuring high quality and performance.
With growing requirements for opacity, brightness, and print quality, the demand for paper pigments is expected to continue to grow steadily in the coming years.
However, the digitalization trend has posed challenges for the pulp and paper industry. While digitalization has benefited many industries, it has negatively impacted the demand for paper products to some extent. The rise of digital media platforms has resulted in slower growth for newsprint compared to previous years, ultimately affecting the global paper pigments market negatively towards the end of the forecast period.
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Top Key Players
- Omya AG
- BASF SE
- J.M. Huber
- Ashapura Group
- Minerals Technologies Inc.
- Kemira Oyj
- The Chemours Company
- Thiele Kaolin Company
- Mississippi Lime Company
- Quarzwerke GmbH
- Sibelco
Paper Pigments Market Segmentation
On the basis of product types,
- Calcium Carbonate
- Ground Calcium Carbonate (GCC)
- Precipitated Calcium Carbonate (PCC)
- Kaolin
- Hydrous Kaolin
- Calcined Kaolin
- Talc
- Titanium Dioxide
- Gypsum
On the basis of origin,
- Synthetic
- Natural
On the basis of applications,
- Coated Papers
- Uncoated Papers
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