Saturating Kraft Paper Market: An Overview
Saturating kraft paper being impervious to water have an increased use in decorating building panels, floor, shelves, worktops, etc. This paper is also used in the production of envelopes, paper bags, for wrapping paper, and printing machine drum lining. Saturating kraft paper is flexible, stiff, and can withstand high tension. It is used as a compact laminate which provide uniformity and product consistency and have resistance to bursting and tearing. Saturating kraft paper has a high degree of porosity which grant controlled absorbance. This paper has optimized resin (e.g., insecticides) absorption, which hinders the damage that can be caused by external factors. Saturating kraft paper is marketed in different width and density as per the area of lamination and requirements of the consumer. The paper is eco-friendly and can be recycled which act as a boon in lowering the environmental impact. Saturating kraft paper is mainly used in the areas of commercial and residential sector.
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Saturating Kraft Paper Market: Dynamics
Growing intolerance towards plastics has urged the companies to produce an environmentally favorable packaging material. This led to the introduction of saturating kraft paper. The paper suppresses the disadvantage of other paper which are prone to tearing and are not stiff enough to carry heavy loads. Saturating kraft paper provides flexibility and act as a barrier against water. Due to these properties of saturating kraft paper, the market can rise in the regions with the largest commercial sectors. The growing knowledge of the consumers’ about environmental issues can also help in boosting the market for saturating kraft paper. The restraint which can affect the saturating kraft paper market can be its low ability to counter the strike of water for a long duration. Demand for increased sturdity is forcing the companies to innovate and manufacture paper which can cover up this restraint and bring the more improved product.
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Saturating Kraft Paper Market: Key Developments
Many key players in the market are focusing on product launch and acquisitions to produce new sustainable products for consumer’s convenience and to increase their product portfolio. Recent developments in the performance of saturating kraft paper have created an innovative packaging solutions. This is helping to raise the market for saturating kraft paper. Companies are now able to produce laminating papers which are more tough and non-porous to external factors.
- On 17 September 2018, Mondi launched a specialty kraft paper grade, a new patented paper and barrier solution for food packaging in natural brown color.
- On 29 January 2018, WestRock signed definitive agreement to acquire KapStone, a kraft paper manufacturing company
- On 2 January 2018, Graphic Packaging Holding Company, producer of kraft paper products completed its combination with International Paper’s North America consumer packaging business
Saturating Kraft Paper Market: Segmentation
On the basis of width, the saturating kraft paper market has been segmented into:
- < 1 m
- 1 to 1.5 m
- > 1.5 to 2 m
- > 2 m
On the basis of density, the saturating kraft paper market has been segmented into:
- < 80 gsm
- 80 to 120 gsm
- > 120 to 160 gsm
- > 160 to 200 gsm
- > 200 gsm
On the basis of end use, the saturating kraft paper market has been segmented into:
- Commercial sector
Saturating Kraft Paper Market: Regional Outlook
Countries like China and Japan in the Asia Pacific region; Germany and Netherlands in the European region and the U.S. and Canada in the North America region have the highest number of commercial sectors and construction rate; and therefore, the market for saturating kraft paper is expected to rise. The saturating kraft paper market in developed countries such as the U.S., Italy, and the UK is expected to have positive growth during the forecast period. It attributed to the high demand for saturating kraft paper incorporate in the furnishing of buildings. The increasing demand for compact laminates, which provide water resistance and higher absorption rate for resins drives the saturating kraft paper market in developing countries such as India, China, etc.
Saturating Kraft Paper Market: Key Players
- WestRock Company
- International Paper Company
- Mondi Group plc
- Kotkamills Oy
- Pudumjee Paper Products Ltd.
- Gordon Paper Company, Inc.
- Johnson plastics and Supply
- The Griff Network
- Papertec, Inc.
- Mirzex Corp.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with saturating kraft paper market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Regional analysis includes –
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa
- A detailed overview of saturating kraft paper market
- Changing saturating kraft paper dynamics in the industry
- In-depth saturating kraft paper market segmentation
- Historical, current, and projected saturating kraft paper market size regarding volume and value
- Recent industry trends and developments in saturating kraft paper market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on saturating kraft paper market performance
- Must-have information for saturating kraft paper market players to sustain and enhance their market footprint
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.