Allied Market Research published a report, titled, "Paper Coating Materials Market by Material Type (Calcium Carbonate, Kaolin Clay, Titanium Dioxide, Starch, Others), by Coating Type (Single-side, Double-side), by End Use (Binding, Stationary, Packaging, Corrugated Boxes, Others): Global Opportunity Analysis and Industry Forecast, 2022-2031".  

 

Access Full Summary Report: https://www.alliedmarketresearch.com/paper-coating-materials-market 

 

Paper Coating Materials Market Growth Statistics: 

According to the report, the global paper coating materials industry generated $2.1 billion in 2021, and is anticipated to generate $3.4 billion by 2031, witnessing a CAGR of 4.8% from 2022 to 2031. 

 

Prime determinants of growth 

The increase in demand from the paper manufacturing industries, especially for corrugated boxes and cover bindings in food packaging drive the growth of the global paper coating materials market. However, rise in use of electronic devices such as mobile phones, tablets, and e-books restrict the market growth. Moreover, the environmental concerns on non-biodegradable plastics present new opportunities in the coming years.