chemicalindustrygrowth

Market Scenario Market Research Future (MRFR) asserts the global coated paper market is anticipated to USD 51.2 billion with a CAGR of 4.3% during the forecast period (2016-2022). The accelerating usage of paper in the packaging industry favors the market growth to a great extent. When a paper is coated with a compound or polymer to offer qualities to the paper such as condensed ink absorbency, weight, smoothness, or surface gloss, it is referred to as coated paper. Either matte finish or glossy, coated paper is used for several applications such as magazines, printing, photo prints, book covers, art books, advertising materials, and catalogs. Market Potential and Pitfalls Coated paper is extensively used as it is resistant to wear, dirt, and tear. They are customized by adding textures depending upon the quality required by several end-user industries such as printing, packaging, and labeling. With the ban on plastics regarding packaging, there has been a shifting trend towards de...