The Paper Pigments Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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In the domain of Paper Pigments, meticulously examined by The Business Research Company, the market has exhibited robust growth. Elevating from $16.6 billion in 2023 to an anticipated $17.59 billion in 2024, the market showcases a commendable compound annual growth rate (CAGR) of 6.0%. This substantial expansion during the historic period is underpinned by various factors, including the dynamic growth in the paper and packaging industry, an escalating demand for specialty papers, the simultaneous rise in disposable income and consumer goods demand, the globalization and heightened trade of paper products, a discernible shift towards eco-friendly pigments, and stringent government regulations governing packaging materials.

Looking forward, the Paper Pigments market is poised for strong growth, reaching an estimated valuation of $22.03 billion in 2028, reflecting a notable CAGR of 5.8%. This anticipated surge in the forecast period is attributed to key factors such as consumer preferences leaning towards high-quality printing, the widespread adoption of recycled paper, an increased emphasis on biodegradable packaging materials, the imposition of stringent regulations on chemicals, a growing inclination towards customization in packaging design, and the dual impact of population growth and urbanization. Salient trends in this envisaged period encompass the ascendancy of digital printing and specialty papers, continuous technological advancements in pigment production, a noticeable shift towards water-based pigment dispersions, a heightened use of both synthetic and organic pigments, an augmented demand for high-performance pigments in packaging applications, and the pervasive integration of pigments in sustainable packaging solutions. This confluence of factors not only underscores the pivotal role of Paper Pigments in the packaging industry but also positions it as a key facilitator for sustainable, high-quality, and customized solutions in the realm of paper and packaging materials.

The high demand for paper in emerging countries is driving the demand for the paper pigments market. Emerging countries are the countries whose economies are transitioning into developed economies, and their examples include countries such as India, Brazil, and so on. Paper pigments are used in the manufacturing process of paper for coating as well as for other purposes, and an increase in the demand for paper will in turn drive the demand for paper pigments. For instance, according to the Indian Paper Manufacture Association (IPMA), an independent body of paper manufacturers in India, paper consumption in India is likely to witness 6% to 7% annual growth and will reach 30 million tons by the financial year 2026-27. Therefore, the high demand for paper in emerging countries will drive the growth of the paper pigment market.

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The paper pigments market covered in this report is segmented –
1) Paper Pigments Market By Type: Calcium Carbonate, Kaolin, Titanium Dioxide, Clay, Other Types
2) Paper Pigments Market By Application: Coated Paper, Uncoated Paper
3) Paper Pigments Market By Industry Vertical: Print Media, Stationary, Packaging, Personal Care, Other Industry Verticals

Product innovation is a key trend in the paper pigment market. Major players operating in the market are introducing innovative sustainable features with high performance in pigment stabilization. For instance, in October 2021, Sun Chemical, a US-based producer of printing inks and coatings, launched Xennia Pearl pigment inks. Xennia Pearl pigment inks are sustainable, as they reduce water use and chemical waste. This pigment has exceptional print performance, high fastness, multi-substrate compatibility, and consistent color.

The paper pigments market report table of contents includes:

1. Executive Summary

2. Paper Pigments Market Characteristics

3. Paper Pigments Market Trends And Strategies

4. Paper Pigments Market - Macro Economic Scenario

5. Global Paper Pigments Market Size and Growth

....

31. Global Paper Pigments Market Competitive Benchmarking

32. Global Paper Pigments Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Paper Pigments Market

34. Paper Pigments Market Future Outlook and Potential Analysis

35. Appendix

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