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Paper Coating Binders Market

Paper Coating Binders Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027

Paper Coating Binders Market: Overview

  • Paper coating binder is an important ingredient used in paper coatings. It is utilized to impart adhesion and bind pigment particles to the coating layer of the paper. Paper coating binders are versatile materials employed as coatings over base papers to impart properties such as smoothness, luster, and resistance.
  • Coated paper products are treated with plastics, latex, and clay to enhance their esthetic appearance and enhance durability, by improving recyclability & sterility
  • Paper coating binders prevent the paper from the turning yellow due to exposure to heat and light. Paper coating binders are fine-sized spherical particles that improve the printing characteristics of paper. They are water-soluble polymers, which influence the color viscosity, size, and water retention capability of paper. Styrene-acrylate copolymer or styrene maleic anhydride copolymer are commonly utilized paper coating binders.

Key Drivers of Paper Coating Binders Market

  • Rising demand for coated paper, which is utilized in various applications such as printing, packaging, business communication, and labels, is projected to boost the paper coating binders market
  • Manufacturers of coating paper are focused on employing diverse raw materials in order to produce good quality and economical substrates Research is being carried out to develop new binders that possess greater binding strength and contribute differentiating characteristics to the coated paper. This is expected to drive the global paper coating binders market in the near future.

Packaging industry to dominate global paper coating binders market

  • Rising demand for paper for industrial packaging is likely to boost the demand for paper coating binders globally. Expansion of the paper industry is likely to propel the demand for paper coating binders due to an increase in the demand for good quality paper. Consequently, the demand for paper coating binders is expected to rise, as these binders improve stiffness, printability, whiteness and provide resistance against yellowing. Current paper coating binders deliver complete paler binder optimization, and improve runnability by delivering low high-shear viscosity and enhancing water retention, as compared to that offered by traditional paper coating binders.

Paper Coating Binders Market: Restraints

  • Widespread digitalization across industries is a key challenge hindering the paper coating binders market. Companies have been replacing brochures, catalogs, and manuals with digital alternatives such as videos and tutorials, thereby avoiding the use of paper. This trend is primarily aimed at the prevention and reduction of deforestation and to avoid carbon emissions during product manufacturing, which harms the environment.

Asia Pacific to hold significant share of global paper coating binders market

  • In terms of region, the paper coating binders market can be split into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
  • Asia pacific is expected to dominate the global paper coating binders market due to considerable demand for coated paper, especially from emerging economies such as China and India. High demand for coated paper for packaging and printing applications is expected to drive the paper coating binders market in Asia Pacific.
  • The market in North America is projected to expand at a steady pace during the forecast period
  • Europe is anticipated to witness high demand for paper coating binders due to focus on the development of new binders owing to stringent regulations regarding environmental impact.

Key Players Operating in Global Market

Key players operating in the global paper coating binders market include:

  • BASF SE
  • Dow
  • Trinseo S.A
  • Thermax Limited
  • Orient Packagings Ltd.
  • Raj Chemicals Ltd.
  • Celanese Corporation
  • Hansol Chemical
  • EcoSynthetix Inc.
  • Wires And Fabriks (S.A.) Ltd.
  • Mayfair Biotech Pvt. Ltd.
  • Bercen
  • OMNOVA Solutions Inc.

Global Paper Coating Binders Market: Research Scope

Global Paper Coating Binders Market, by Material

  • Styrene-butadiene binders
  • Styrene-acrylate binders
  • Acetate coating binders
  • Acrylic binders
  • Others

Global Paper Coating Binders Market, by Material

  • Bio-based paper binder
  • Petroleum-based paper binder

 Global Paper Coating Binders Market, by End-use Industry

  • Binding
  • Stationary
  • Packaging
  • Corrugated Boxes
  • Others

Global Paper Coating Binders Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
Paper Coating Binders Market

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