Coated Paper Market worth 7.18 Billion USD by 2021
The report " Coated Paper Market by Coating Material ( GCC , PCC , Kaolin Clay , SB Latex , Starch , Talc , Wax ), Type ( Coated Fine , Standard Coated Fine , Coated Groundwood , Low Coat Weight ), Application ( Packaging , Printing , Labels ) - Global Forecast to 2021 ", The global coated paper market is projected to reach USD 7.18 Billion by 2021 , at a CAGR of 3.2 % from 2016 to 2021 .
Browse 158 market data tables and 60 figures spread through 181 pages and in-depth TOC on “ Coated Paper Market - Global Forecast to 2021 ”
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This growth is fueled by high demand for coated paper from various applications due to biodegradability and eco-friendly characteristics of coated paper . Furthermore , the global demand for coated paper in Asia-Pacific , Europe , and North America is growing , owing to its increased use in printing and packaging applications . Coated paper is preferred over plastics in packaging applications , owing to its eco-friendly characteristics .
Grounded Calcium Carbonate ( GCC ) is the most preferred coating material for the production of coated paper
Grounded Calcium Carbonate ( GCC ) is the most extensively used material in coated paper manufacturing . GCC is obtained through fine grinding , washing , and crushing natural white calcite ( CaCO3 ). The wide use of GCC is due to its brightness and light scattering properties . Grounded Calcium Carbonate ( GCC ) provides optimum particle distribution on paper surface and hence , GCC coated paper finds extensive application in printing as well as in packaging .
Based on type , the coated fine paper segment is expected to lead the coated paper market
Coated fine papers are manufactured in sheets and for offset printing . They are wood free papers , which consist of about 90 % chemical pulp and very low amount of wood pulp . Lightweight and medium weight coated papers with high brightness are the main competitors of coated fine papers . Coated fine papers find application in promotional materials , books , financial reports , and high quality handbooks and can be recycled .
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Asia-Pacific is the largest market for coated paper , in terms of value , and is expected to lead the coated paper market during the forecast period . Countries in this region such as China and India are witnessing significant increase in the use of coated paper in printing and packaging applications . This growth can be attributed to the easy availability of coating materials and availability of end-use industries , which is driving the demand for coated paper in the region . The U . S . is the largest market