Rising demand from the end-user industries is the main reason behind the growth in consumption of paper coating materials in developing countries, especially in the Asia-Pacific region
Globally, paper coating materials find their applications in coated papers and corrugated packaging industries. The end-user industries of paper coating materials include printing, advertising and publishing, and corrugated paper packaging.
In the recent economic downturn, the end-user industries for coated paper experienced a decline of around 5% to 8%. However, as a result of improvement in the global economy since 2009, the end-user industries have witnessed a marginal growth ranging from 4% to 6% that is reflected in the paper coating materials segments as well. For example, the coated paper industry, which experienced a decline by over 20% in 2008-2009, grew by 4% in 2011 and is estimated to grow further from 2011 due to the increasing use of coated paper in the packaging industry.
The end-user industry focuses on better innovations and technological advancements that can serve their customers better. This has generated the need for high quality coated papers, mostly in the paper packaging industry. Therefore, there is a growing demand for paper coating materials from end-users industries.
Related Reports:
Paper Coating Materials Market by Type (GCC, PCC, Kaolin Clay, Talc, Starch, SB latex, Titanium Dioxide, Wax, and others), Application (Coated 1, Coated 2, Coated 3, Coated 4 Paper, and Others), and Geography - Regional Trends & Forecast to 2019
https://www.marketsandmarkets.com/Market-Reports/paper-coating-materials-market-233132840.html
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