The Asia Pacific Paper Pigments Market would witness market growth of 8.3% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 17,848.5 kilo tonnes, showcasing a growth of 28.5% (2020-2023).
Calcium carbonate is one of the most widely used pigments in the paper industry, known for its bright white color and excellent opacity. It enhances the brightness, smoothness, and printability of paper products, making it a preferred choice for both coated and uncoated papers. The use of calcium carbonate helps in reducing production costs as it is less expensive than other pigments. Thus, the China market is expected to utilize 4,348.77 kilo tonnes of Calcium Carbonate type paper pigments by the year 2031.
The China market dominated the Asia Pacific Paper Pigments Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,227.6 million by 2031. The Japan market is registering a CAGR of 7.7% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 9.1% during (2024 - 2031).
The applications of paper pigments are vast and diverse, spanning numerous industries and sectors. For example, paper pigments are fundamental to the world of art and design, where they are used in various mediums such as watercolors, acrylics, gouache, pastels, and markers. Artists use pigments to create vibrant and expressive artworks, from intricate illustrations to bold paintings. The pigment choice influences the color and the artwork’s texture, opacity, and overall aesthetic.
Furthermore, paper pigments are crucial in creating visually appealing and functional packaging solutions in the packaging industry. Pigments print vibrant graphics, brand logos, and product information on paper-based packaging materials for food and beverage packaging, cosmetics, pharmaceuticals, or consumer goods. The colors and designs applied using pigments help brands differentiate their products on the retail shelf, attract consumer attention, and convey brand identity.
The expanding paper industry in India, driven by population growth, urbanization, industrialization, and increasing literacy rates, leads to a higher demand for paper products across various sectors. This increased demand drives the need for paper pigments to enhance paper products' optical properties and print quality. In terms of value, $3179.24 Mn of paper, paperboard & newsprint was exported in 2021-22, as against $1940.94 Mn in the previous year. This added nearly $1238.30 Mn (in percentage, 63% growth) to the nation’s growth.
Free Valuable Insights: The Global Paper Pigments Market is Predict to reach USD 26 Billion by 2031, at a CAGR of 8.2%
Based on Application, the market is segmented into Uncoated Paper, and Coated Paper. Based on Type, the market is segmented into Calcium Carbonate, Kaolin, Titanium Dioxide, Amorphous Silicas, Talc, and Other Types. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Application (Volume, Kilo Tonees, USD Billion, 2020-2031)
By Type (Volume, Kilo Tonees, USD Billion, 2020-2031)
By Country (Volume, Kilo Tonees, USD Billion, 2020-2031)
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