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Asia-Pacific has the foremost market in paper coating additives among all the regions. The APAC market is estimated to increase its market with a growing CAGR of 1.02% to
reach revenue of $1238.20 million by 2023. The market is exhibiting a strong growth due to high rate of production in the corrosion inhibitorcoated paper. China is the leading region in the APAC for chemical manufacturers of paper and additives for
investment and developing their business.
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Every additive type to be used depends on the type of coating formulation that is used for coating the paper. Dispersants are the mostly used additives which have
major market in terms of volume and revenue. This is because of the dosage of dispersant in paper coating is more when compared to other additives. The Dispersants market generated revenue of $1001.30 million in 2017 and is projected
to grow at a CAGR of 0.27% to reach revenue of $1085 million by 2023.
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Excerpts on Market Growth Factors
E-commerce market has lifted the food packaging industry, which is rapidly evolving in emerging countries such as India, China, and Africa. Functions like holding back easy absorption of wet, glossy look and UV coatings among other features are the reason behind the growth of the market. Multifunctional additives, strict environmental protocols, emerging shift of solvent in technologies, and growing awareness among users are benefiting paper coating additives end user markets.
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Kernow Coatings DuPont Zigma International Michelman Inc. Omya AG. Imerys SA. And 15+ more
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