The paper pigments market is projected to grow at a CAGR of 4.41% to reach US$17.458 billion by 2024, from US$13.476 billion in 2018. Increasing demand for paper from several industries such as packaging, education, FMCG, and the government is driving the paper pigment market growth. Despite industries moving towards a paperless system, it is still considered the most reliable backup option for banks, insurance companies, and hospitals.
The market is expected to grow at a steady pace owing to the growing expansion of pigment production facilities in China by a number of companies. In February 2018, Lomon Billions has planned to invest approximately $285 million in the construction of two new chloride titanium dioxide manufacturing lines at its existing chloride production site in Jiaozuo, Henan Province, China. However, environmental concerns regarding the use of paper can restrain the growth of the paper pigment market.
This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases, and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the paper pigments value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and more efficient understanding of the paper pigments market.
Major industry players profiled as part of the report are BASF SE, DuPont, Organic Dyes and Pigments, Venator Materials, The Chemours Company, Minerals Technologies Inc., Thiele Kaolin Company, Lomon Billions, and Omya AG.
|Market size value in 2018||US$13.476 billion|
|Market size value in 2024||US$17.458 billion|
|Growth Rate||CAGR of 4.41% from 2018 to 2024|
|Forecast Unit (Value)||USD Billion|
|Segments covered||Type, Application, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||BASF SE, DuPont, Organic Dyes and Pigments, Venator Materials, The Chemours Company, Minerals Technologies Inc., Thiele Kaolin Company, Omya AG, Lomon Billions|
|Customization scope||Free report customization with purchase|
The paper pigments market has been analyzed through following segments:
Frequently Asked Questions (FAQs)
Q1. What will be the paper pigments market size by 2024?
A1. The paper pigments market is projected to reach a total market size of US$17.458 billion by 2024.
Q2. What is the size of the global paper pigments market?
A2. Paper Pigments Market was valued at US$13.476 billion in 2018.
Q3. What are the growth prospects for the paper pigments market?
A3. The global paper pigments market is projected to grow at a CAGR of 4.41% during the forecast period.
Q4. Who are the major players in the paper pigments market?
A4. Major industry players profiled as part of the paper pigments market report are BASF SE, DuPont, Organic Dyes and Pigments, Venator Materials, The Chemours Company, Minerals Technologies Inc., Thiele Kaolin Company, Lomon Billions, and Omya AG.
Q5. What factors are anticipated to drive the paper pigments market growth?
A5. Increasing demand for paper from several industries such as packaging, education, FMCG, and the government is driving the paper pigment market growth.
Organic Dyes and Pigments
The Chemours Company
Minerals Technologies Inc.
Thiele Kaolin Company
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