What is the global market size of Paper Pigments Market?

Global Paper Pigments Market size was valued at USD 12.6 billion in 2021 and is poised to grow from USD 13.66 billion in 2022 to USD 26.04 billion by 2030, growing at a CAGR of 8.4% in the forecast period (2023-2030).

Paper Pigments Market Size, Share, Growth Analysis, By Product Type(Inorganic Pigments, and Organic Pigments.), By Pigment Type(Titanium Dioxide, Calcium Carbonate, Kaolin, Talc), By Application(Printing and Writing Paper, Newsprint, Packaging, Decorative Paper), By Region - Industry Forecast 2024-2031

Report ID: SQMIG15E2495 | Region: Global | Published Date: April, 2024
Pages: 184 | Tables: 93 | Figures: 76

Paper Pigments Market News

In January 2024, Pidilite Industries Ltd. announced a strategic partnership with Syn-Bios, a renowned leader in research and development (R&D) and global marketing within the leather tanning industry based in Italy. The collaboration between the two companies is poised to revolutionize the leather chemical landscape in South Asia.
In October 2023, Pakka Limited, formerly known as Yash Pakka Limited, a prominent manufacturer of compostable packaging solutions, partnered with Brawny Bear, a renowned nutrition company known for its healthy food products crafted using the natural sweetness of dates. Together, they introduced India's first-ever compostable flexible packaging solution.
In July 2023, Debbie McKeegan, CEO of Texintel and contributor to WhatTheyThink, conducted an interview with Ron Sportel, Manager of Innovation & Development, and Federica Valente, Marketing Manager, at Coldenhove. They discussed the latest developments in Texcol Pigment transfer paper, first introduced in 2019, and its applications in 2023.

Paper Pigments Market Report Snapshots

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Paper Pigments Market size was valued at USD 13.66 billion in 2022 and is poised to grow from USD 14.81 billion in 2023 to USD 28.23 billion by 2031, growing at a CAGR of 8.4% in the forecast period (2024-2031).

The international paper pigments market is dominated by a complex web of major players fighting for market share and influence. Leading companies in this field dedicate a great deal of attention to research and development, thereby offering pigments that keep track with the changing needs of the market. Technology is key; companies seek to increase the efficiency and environmental friendliness of their pigments in order to win competitive advantages. 'BASF SE', 'Clariant AG', 'DIC Corporation', 'Cabot Corporation', 'Kronos Worldwide, Inc.', 'Huntsman Corporation', 'Lanxess AG', 'Dow Chemical Company', 'Evonik Industries AG', 'Heubach GmbH', 'Sun Chemical Corporation', 'Ferro Corporation', 'The Shepherd Color Company', 'Sakamoto Chemicals Co., Ltd.', 'Zhejiang Colorchem Co., Ltd.', 'Tolsa Group', 'The Chemours Company', 'Huber Engineered Materials', 'Rockwood Holdings, Inc.', 'Elementis PLC'

Rising demand for sustainable packaging options. With the rise of environmental awareness, both businesses and consumers stress eco-friendliness. This trend is promoting paper packaging that needs pigment to make a visual impression. Technical progress that lies behind pigment making is crucial, contributing to the high-performance pigments with color stability and sturdiness. Another big factor is the increase in e-commerce activities, where companies compete to provide good looking and branded boxes for consumers. All this results in a higher overall demand for paper pigments of any sort.

Rising Emphasis on Sustainable and Eco-friendly Pigments: An expanding trend toward environmental consciousness. As paper products become increasingly green and environmentally friendly, manufacturers are investing in research aimed at formulating pigments that conform to high environmental standards. Ongoing innovation in pigment manufacturing is another noticeable trend. Ongoing innovations are leading to the production of high-performance pigments with enhanced properties such as color stability, lightfastness, and durability

Countries like China and India, in the Asia-Pacific region are rapidly industrializing. This development has stimulated paper products demand, especially packaging and printing materials in which paper pigments are an important ingredient. Combined with Asia-Pacific's huge population and ongoing urbanization, the consumption of paper products is increasing. The high demand for paper in different applications helps the region maintain its lead in this market.

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