DUBLIN, May 1, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/tn5k2c/paper_coating) has announced the addition of the "Paper Coating Materials Market by Type, Application and Geography - Regional Trends & Forecast to 2019" report to their offering.
Due to the recent global economic downturn in 2008, the paper coating materials witnessed a downfall of over 20%. The decreased market value is due to the reduction in the demand of coated papers which is the outcome of reduction in paper usage due to growing technological advancement and increased use of smartphone's and computers.
Paper coating materials are various minerals that are used to coat a base paper, in order to enhance its properties. These paper coating materials bring certain properties to the paper such as brightness, gloss, smoothness, etc. The paper coating materials market is driven by a range of applications that increases the R&D efforts to make paper coating materials highly resourceful.
The increasing demand for the coated paper industry is due to the increased population that finds them useful in many applications. Growing advancements and technological inventions in the paper coating materials market would be quite effective in the future. Paper coating materials have been well perceived in various dominant end-user markets in the last few decades and are expected to be used in the future for more diverse applications.
Globally, the Asia-Pacific region dominated the paper coating materials market both, in terms of demand and value in 2013. China, South Korea, Taiwan, Japan, U.S., and Brazil are the key countries with emerging markets possessing a huge demand for paper coating materials. The Asia-Pacific region's paper coating materials market value for end-use applications is estimated to grow at a CAGR of 4.1% from 2014 to 2019, which is higher than that of North America.
The players in paper coating materials market concentrate on launching low cost coating materials. Other development strategies adopted by the market players are agreements & collaborations and mergers & acquisitions.
The paper coating materials market is continuously investing on research activities to create new compounds to minimize costs and environmental hazards. One of the major problems is the price range that makes selecting the material very difficult, so as to derive optimal cost effectiveness.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Global Paper Coating Materials, Market Overview
5 Paper Coating Materials Market, By Type
6 Paper Coating Materials Market, By Application
7 Paper Coating Materials Market, By Geography
8 Competitive Landscape
9 Company Profiles
- Air Products And Chemicals Inc.
- Basf Se
- Imerys S.A.
- Michelman Inc.
- Mondo Minerals B.V.
- Omya Ag
- Penford Corporation
- Roquette Group
- The Dow Chemical Co.
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SOURCE Research and Markets