Global Paper Pigments Market to Reach $26.3 Billion by 2030
The global market for Paper Pigments estimated at US$17.6 Billion in the year 2023, is expected to reach US$26.3 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2023-2030. Calcium Carbonate Paper Pigments, one of the segments analyzed in the report, is expected to record a 6.8% CAGR and reach US$13 Billion by the end of the analysis period. Growth in the Kaolin Paper Pigments segment is estimated at 5.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4.6 Billion, While China is Forecast to Grow at 9.4% CAGR
The Paper Pigments market in the U.S. is estimated at US$4.6 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.3 Billion by the year 2030 trailing a CAGR of 9.4% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 4.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.8 Billion by the year 2030.
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