Stora Enso Oyj, Nippon, Sappi Ltd, UPM-Kymmene Corp, Arjowiggins SAS, Asia Pulp & Paper Co. Limited, Verso Corporation, Imerys S.A., Penford Corporation, Burgo Group S.p.A. among others are some of the prominent players at the forefront of competition in the Global Coated Paper Market and are profiled in MRFR Analysis.
Coated Paper Market – Overview:
Coated Paper are predominantly utilized in numerous application such as packaging, printing, and labelling. Coated Paper market is estimated to witness moderate growth due to their wide utilization in end use industries as they possess excellent properties. Moreover, increasing trend for bio-based and degradable packaging along with strict regulations on the usage of plastic packaging in various countries have provided a new momentum for the growth of the market. Among application segment, printing is expected to register strong growth in the upcoming future due to rising demand in media advertisement such as brochures, catalogues, invitation cards, and pamphlets. In addition, among the product type segment, coated fine accounted for the largest market share in 2016 in terms of value and volume on account of wide utilization in advertising materials.
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Industry/ Innovation/ Related News:
February 2017- Shurtape Technologies LLC, one of the leading manufacturer of pressure sensitive tapes announced the acquisition of Syntac Coated Products, LLC. With this acquisition, the company together provide a wide range of product portfolio which includes cloth and duct, film, packaging, foil, masking and paper and other.
February 2017- Cascades Sonoco joint venture announced to invest around USD 16 million at its Birmingham facility, Alabama, U.S. This investment bring the installation of new equipment and is expected to produce 40,000 to 50,000 tons of sustainable coated materials per annum.
November 2016- Expera Specialty Solutions announced to enhance its Rhinelander operations at its former printpack building. This expansion is predicted to allow Expera to bring new coater technology for their manufacturing process.
The Coated Paper report has analysed the level of competition among the key operating players as well as sector growth and market scenario. The global coated paper market comprises a range of manufacturers operating in the market which comprised of large scale and medium size manufacturers. Some of the prominent market players operating in the global Coated Paper industry has shifted their focus towards growth association specifically by Asia Pacific as medium scale and small scale manufacturers are from this region specifically from China, South Korea, India, Indonesia, Thailand, Taiwan, Malaysia, and Japan. Moreover, the major operating players are focusing on extending their product portfolio by strategic acquisition and mergers, joint ventures, product launches, and exclusive agreements. Some of the companies are expanding their manufacturing capacity of coated paper to meet the growing demand for coated paper. Furthermore, some of the manufacturers has launched a series of product to strengthen their position in the market.