“Paper coating additives are the chemical substances that are used to exhibit desired properties for a coated paper. Different types of additives are used in coated paper with various dosage rates. The key factors that impact the use of additives in coated paper are function of the additive, paper end application and others. The market has been segmented into different types of additives that are used at the coating stage of the paper such as dispersants, defoamers, rheology modifiers, biocides, insolubilizers, lubricants and others. Among them dispersants and defoamers are most used in paper coatings and has major share in the coating additives market. Biocides and lubricants are used for the microbial control and to increase the water retention capability for the coated paper. The additives are used depending on the end paper application and thus the paper coating additive market has been segmented by type of paper and paperboard such as packaging paper, printing and writing paper, specialty coated paper and others papers.
Apart from type of paper and paperboard, the coating additives are used based on the type of coating formulations applied to the base paper. Hence, the market is even analyzed by type of coating formulation such as waterborne, powder, solvent borne and high solids. Aided with regulations from the regulatory bodies such as Environmental Protection Agency (EPA), the water based formulations are encouraged because of less or no volatile organic compounds (VOCs) and thus have a higher growth rate for additives in water formulations.
The report also focuses on different geographic regions and the key countries in terms of production of coated paper and the usage of paper coating additives in various papers.Asia Pacific holds major share of the market followed by European market. There are significant investmentsand opportunities in countries such as China, South Korea, Austria, Finland, the U.S. and a few more. One of the driving factors for these investments is demand from packaging industry across the globe. The report also includes the overview of major companies in this marketsuch as BASF, Dow, Ashland, Kemira and many others. In the past five years, expansions and acquisitions are the key strategies being followed by the top companies in paper coating additives market.
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