Global Functional and Barrier Coatings for Paper Market – Industry Trends and Forecast to 2028

Market Analysis and Insights : Global Functional and Barrier Coatings for Paper Market

The functional and barrier coatings for paper market is expected to grow at a compound annual growth rate of 6.10% for the forecast period of 2021 to 2028.  Data Bridge Market Research report on  functional and barrier coatings for paper market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

Functional and barrier coatings for paper have excellent barrier properties, better durability and performance of paper and enhanced printing capabilities. Functional and barrier coatings for paper find application in end-use industries such as beverages, food, personal care and pharmaceuticals. 

The functional and barrier coatings for paper market is expected to rise in demand due to the rapid packaging innovations in water-based barrier coatings. Also, the supportive environmental policies implemented by various governments across the world for food contact paper is also projected to impact the growth of the functional and barrier coatings for paper in the forecast period of 2021 to 2028. Furthermore, the developing lifestyle of consumers and increase in health and environmental awareness are also expected to push the growth of functional and barrier coatings for paper market in the above mentioned forecast period.

The major factor which actively drives the demand of functional and barrier coatings for paper market is the high demand of functional and barrier coatings for paper and rise in applications in food packaging. Likewise, the rapid advancements and the rise in R&D to develop water-based barrier coatings to promote sustainability are expected to offer various growth opportunities for the growth of functional and barrier coatings for paper market over the forecast period of 2021 to 2028.

However, the increase in the recycling of barrier-coated paper and high initial cost are expected to impede the growth of the functional and barrier coatings for paper market in the above mentioned forecast period, whereas the lack of clarity and understanding toward regulations can challenge the growth of the functional and barrier coatings for paper market.

This  functional and barrier coatings for paper market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the functional and barrier coatings for paper market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Functional and Barrier Coatings for Paper Market Scope and Market Size

The functional and barrier coatings for paper market have been segmented on the basis of coating type, type, material of manufacturing, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

On the basis of coating type, the functional and barrier coatings for paper market is segmented into wax coating, pigment coating, ultra violet (UV) coating and poly coating. Wax coating has further been segmented into synthetic wax and natural wax. Poly coating has further been segmented into Phenolic Coating, epoxy coating, Acrylic Coating, vinyl coating and others. Others have further been sub-segmented into polyolefin, polyester and polyethylene terephthalate (PET) coating.

• On the basis of type, the functional and barrier coatings for paper market is segmented into gas resistance, water resistance and heat resistance.
• Based on material of manufacturing, the functional and barrier coatings for paper market is segmented into biodegradable coating and conventional plastic coating.
• On the basis of application, the functional and barrier coatings for papermarket are segmented into food service disposables, printing and packaging. Food service disposables have further been segmented into trays and clamshells, plates, bowls and tubs and cups and glasses. Printing has further been segmented into passport and visa papers, stamp papers, lottery and gaming papers, banknotes and ticket and voucher papers. Packaging has further been segmented into folding cartons, labels and tags and corrugated boxes.
• The end user segment for functional and barrier coatings for paper market is segmented into pharmaceuticals, personal care and cosmetics, food, beverages, banking and financial institutions and homecare and toiletries. Food has further been segmented into dairy products, ready to eat meals, soups and sauces, meat, seafood and poultry and fruits and vegetables.

Functional and Barrier Coatings for Paper Market Country Level Analysis

The functional and barrier coatings for paper market is analyzed and market size, volume information is provided by country, coating type, type, material of manufacturing, application and end user as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific leads the functional and barrier coatings for paper market because of the rise in end-user applications of the packaging type. India is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to the strong presence of a large pool of suppliers and manufacturers. Furthermore, Japan is constantly improving its packaging methods through diverse research and therefore is regarded as one of the largest markets for functional and barrier coating for paper across the world.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Functional and Barrier Coatings for Paper Market Share Analysis

The functional and barrier coatings for papermarket competitive landscape provide details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to functional and barrier coatings for paper market.

The major players covered in the functional and barrier coatings for paper market report are Cortec Corporation, BASF SE, Sonoco Products Company, Cattie Adhesive, Paramelt b.v, Michelman, Inc., Coatings & Adhesives Corp, Dow, Sierra Coating Technologies LLC, CH-Polymers, DSM, OMNOVA Solutions Inc., ALTANA, Stora Enso Oyj, Akzo Nobel N.V., Kuraray Europe GmbH, Cork Industries, Inc., Imerys Group, Mondi, and Amcor plc among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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