Global Paper Coating Materials Market Size, Share & Trends Analysis Report By Coating Type, By Material Type (Calcium Carbonate, Kaolin Clay, Titanium Dioxide, Starch, and Others), By End Use, By Regional Outlook and Forecast, 2023 - 2030

Global Paper Coating Materials Market Size, Share & Trends Analysis Report By Coating Type, By Material Type (Calcium Carbonate, Kaolin Clay, Titanium Dioxide, Starch, and Others), By End Use, By Regional Outlook and Forecast, 2023 - 2030

The Global Paper Coating Materials Market size is expected to reach $2.9 billion by 2030, rising at a market growth of 4.7% CAGR during the forecast period. In the year 2022, the market attained a volume of 3,817.8 kilo tonnes, experiencing a growth of 1.8% (2019-2022).

Precipitated calcium carbonate is known for its controlled and fine particle size distribution. Therefore, the precipitated calcium carbonate (PCC) segment acquired $188.1 million revenue in 2022. Also, France would utilize 17.13 kilo tonnes of Precipitated calcium carbonate in 2030. This characteristic contributes to superior coating properties, including smoothness and consistency. The fine particle size of PCC translates into improved print quality, allowing for sharper and more detailed printing.

The discerning modern consumer places a premium on products that embody environmental stewardship. As a result, there is a pronounced uptick in the demand for paper-based packaging materials with coatings that bear eco-friendly insignia, reflecting the broader shift towards sustainable consumption patterns. Thus, these factors can help in the growth of the paper coating materials market.

Additionally, the market is undergoing a profound transformation fueled by continuous advancements in coating technologies. Manufacturers are at the forefront of this innovation, steering the industry towards new horizons by developing coatings endowed with enhanced functionalities. Therefore, these aspects will increase the demand for paper coating materials in the coming years.

However, the paper coating materials market is highly dependent on key inputs, including minerals, chemicals, and polymers, which are essential for manufacturing. Constant fluctuations in the price of basic materials are attributable to disruptions in the supply chain, geopolitical events, and global economic conditions. Hence, these aspects can hamper the growth of the paper coating materials market.

By Coating Type Analysis

By coating type, the market is segmented into single-side and double-side. The single-side segment recorded the maximum 64.3% revenue share in the market in 2022. Single-side coating allows for the application of coating material only on one side of the paper, reducing the overall cost compared to double-side coating, where both sides of the paper are coated.

By Material Type Analysis

On the basis of material type, the market is divided into calcium carbonate, kaolin clay, titanium dioxide, starch, and others. In 2022, the titanium dioxide segment witnessed a substantial 15% revenue share in the market. Titanium dioxide's light-scattering properties contribute to its effectiveness in improving the brightness and reflectivity of paper coatings.

By Calcium Carbonate Analysis

The calcium carbonate is bifurcated into ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC). The ground calcium carbonate (GCC) segment recorded the maximum revenue share in the market in 2022. Ground calcium carbonate contributes significantly to the opacity and whiteness of paper coatings.

By End Use Analysis

Based on end use, the market is segmented into binding, stationary, packaging, corrugated boxes, and others. The packaging segment held the largest 41% revenue share in the market in 2022. The rise of online shopping has necessitated reliable and durable packaging solutions, prompting manufacturers to seek advanced paper coating materials that provide both protection and visual appeal for products during transit.

By Regional Analysis

By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment procured the 47% revenue share in the market in 2022. The Asia Pacific region has been a powerhouse for global economic growth and industrialization.

Recent Strategies Deployed in the Market

• Dec-2023: Eastman Chemical Company partnered with Neutrogena, an American cosmetic manufacturing company. Under this partnership, both companies would design reusable film-free cosmetic packaging products.
• May-2023: The Dow Chemical Company came into partnership with New Energy Blue, a biotechnology company that develops biomass refineries. Under this partnership, Dow would utilize bio-based ethylene and would operate various approaches covering packaging, transportation, and footwear. Furthermore, by buying bio-based ethylene Dow would fulfill the demand for eco-friendly plastics for customers and would have diverse feasible solutions.
• Dec-2021: Eastman Chemical Company formed a partnership with Amorepacific, a cosmetic and skincare company. Under this partnership, Eastman would develop eco-friendly wrapping solutions for the products. Eastman would also help the beauty industry to achieve their renewal targets.
• Nov-2021: Stora Enso Oyj launched UltraThinPE Tec, an innovation that minimizes the plastic coating shares in the food service board. With the launch of UltraThinPE Tec, Stora would develop paper cups below 5% plastic and would help retailers, brand owners, and packaging converters reach their plastic reduction goal.
• Sep-2021: Asia Pulp and Paper Group Sinar Mas collaborated with SK Geo Centric Co., a manufacturer of petrochemical products. Under this collaboration, SK Geo Centric Co. would manufacture environmentally friendly paper coating products to set foot in the reusable packaging paper market.

List of Key Companies Profiled

• Asia Pulp and Paper Group Sinar Mas
• Eastman Chemical Company
• The Dow Chemical Company
• BASF SE
• FKuR Kunststoff GmbH
• Celanese Corporation
• Stora Enso Oyj (FAM AB)
• DuPont de Nemours, Inc.
• Michelman, Inc.
• ATS Techno Pvt. Ltd.

Global Paper Coating Materials Market Report Segmentation

By Coating Type (Volume, Killo Tonnes, USD Billion, 2019-2030)

• Single-side
• Double-side

By Material Type (Volume, Killo Tonnes, USD Billion, 2019-2030)

• Calcium Carbonate
• Ground Calcium Carbonate (GCC)
• Precipitated Calcium Carbonate (PCC)
• Kaolin Clay
• Titanium Dioxide
• Starch
• Others

By End Use (Volume, Killo Tonnes, USD Billion, 2019-2030)

• Packaging
• Binding
• Stationary
• Corrugated Boxes
• Others

By Geography (Volume, Killo Tonnes, USD Billion, 2019-2030)

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA