Report Code: A15580 | Pages: NA | Jul 2023 | 917 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Paper Coating Binders Market
Request Now !Paper coating binder is a crucial component in the production of paper coatings. It is used to give pigment particles adhesion and to attach them to the paper's coating layer. Paper coating binders are versatile compounds that are used as coatings on base sheets to add smoothness, gloss, and resilience. Plastics, latex, and clay are used to enhance the aesthetic appearance of coated paper goods while also enhancing recyclability and sterility. Paper coating binders keep the paper from turning yellow due to heat and light exposure. Paper coating binders are little spherical particles that improve paper's printing properties. They are water-soluble polymers that affect paper's color viscosity, size, and water retention ability.
COVID-19 Impact analysis
Over the previous 18 months, almost every industry in the world has suffered a setback. This can be ascribed to severe disruptions in their respective manufacturing and supply-chain operations because of various precautionary lockdowns and other limitations imposed by governments all over the world. The same can be said for the global market for Paper Coating Binders. Furthermore, consumer demand has decreased as people are now more focused on removing non-essential expenses from their budgets since the general economic situation of most people has been badly impacted by the outbreak. Over the forecast period, the aforementioned factors are likely to weigh on the global Paper Coating Binders Market's revenue trajectory. The global paper coating binders market is likely to revive as regional government agencies begin to lift these enforced lockdowns.
Top Impacting Factors
The market for paper coating binders is expected to grow due to rising demand for coated paper, which is used in a variety of applications such as printing, packaging, business communication, and labelling.
Coating paper manufacturers are concentrating on using a variety of raw materials to create high-quality and cost-effective substrates. New binders with increased binding strength and distinguishing properties for coated paper are being developed. In the near future, this is projected to drive the worldwide paper coating binders market.
Market Trends
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Paper Coating Binders Market Report Highlights
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Key Market Players | Hansol Chemical, Bercen, BASF SE, EcoSynthetix Inc., Wires And Fabriks (S.A.) Ltd., Raj Chemicals Ltd., The Dow Chemical Company, OMNOVA Solutions Inc., Mayfair Biotech Pvt. Ltd., Thermax Limited, Orient Packagings Ltd., Celanese Corporation, Trinseo S.A |
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