종이용 기능성 코팅 및 배리어 코팅 시장 예측(-2030년) : 코팅 유형, 기재 유형, 기능성, 용도, 최종사용자, 지역별 세계 분석

According to Stratistics MRC, the Global Functional and Barrier Coatings for Paper Market is accounted for $2.2 billion in 2024 and is expected to reach $4.1 billion by 2030 growing at a CAGR of 10.7% during the forecast period. Functional and barrier coatings for paper are specialized treatments applied to enhance paper's properties, making it suitable for various applications. These coatings can impart water resistance, oil and grease resistance, and improve printability. They also serve as barriers to moisture, oxygen, and other contaminants, extending the paper's durability and functionality. Commonly used in packaging, these coatings ensure product protection, improve shelf life, and maintain the integrity of the packaged goods.

Market Dynamics:

Driver:

Growing demand for sustainable packaging

The growing demand for sustainable packaging is driving innovation in the market. Consumers and businesses increasingly prioritize eco-friendly solutions, leading to a surge in the development of coatings that enhance paper's functionality while maintaining recyclability. This shift is fueled by heightened environmental awareness and regulatory pressures, encouraging manufacturers to adopt sustainable materials and technologies. Consequently, the market is witnessing a notable increase in the adoption of biodegradable and compostable coatings, aligning with global sustainability goals.

Restraint:

Technical challenges

The market faces several technical challenges, including achieving optimal barrier properties against moisture, oxygen, and grease while maintaining recyclability and biodegradability. Developing coatings that are cost-effective, easily applicable, and compatible with high-speed manufacturing processes is complex. Additionally, ensuring the coatings do not negatively affect the printability or the aesthetic quality of the paper adds to the difficulty. Innovations are needed to balance performance, environmental impact, and production efficiency.

Opportunity:

Innovation in coatings

Innovations in the paper coatings market focus on enhancing sustainability and functionality. Developments include bio-based and recyclable coatings to reduce environmental impact, and advanced barrier coatings that improve resistance to moisture, oil, and grease. Additionally, smart coatings are being designed to enable features such as antimicrobial properties and improved printability. These innovations cater to rising consumer demand for eco-friendly products and versatile, high-performance paper solutions in packaging, printing, and specialty paper applications.

Threat:

High cost

The high cost of functional and barrier coatings for the paper market is driven by advanced technology and materials required to enhance paper properties. These coatings provide essential benefits such as moisture resistance, grease resistance, and improved printability. However, the development and application of these sophisticated coatings involve significant research and development expenses, specialized machinery, and high-quality raw materials, all of which contribute to their elevated cost.

Covid-19 Impact:

The COVID-19 pandemic significantly impacted the market. Disruptions in the supply chain, fluctuations in raw material availability, and labor shortages led to production delays. Additionally, the increased demand for packaged goods and hygiene products accelerated the need for advanced coating solutions to ensure product safety and longevity. Consequently, while some segments faced challenges, the overall market saw growth driven by heightened awareness of food safety and sustainable packaging solutions.

The wax coating segment is expected to be the largest during the forecast period

The wax coating is expected to be the largest during the forecast period. It provides moisture resistance, grease resistance, and improves the durability of paper products. Wax coatings are widely used in packaging applications, especially for food products, to ensure freshness and prevent contamination. The demand for wax-coated paper is driven by its cost-effectiveness and excellent barrier properties, making it a popular choice among manufacturers and end-users alike.

The oxygen segment is expected to have the highest CAGR during the forecast period

The oxygen segment is expected to have the highest CAGR during the forecast period. These coatings enhance the functionality and protective qualities of paper, making it suitable for food and beverage packaging by preventing oxygen ingress and prolonging shelf life. Innovations in biodegradable and recyclable materials are further propelling market expansion. Key players are investing in R&D to improve coating performance while adhering to environmental regulations, thereby catering to eco-conscious consumers and industries.

Region with largest share:

North America is projected to hold the largest market share during the forecast period. Innovations in biodegradable and recyclable coatings are driving market expansion, catering to industries like food and beverage, and consumer goods. Stringent environmental regulations and consumer preference for eco-friendly products are propelling advancements in coating technologies. The region's robust manufacturing sector and investment in research and development further support market dynamics and adoption of advanced coating solutions.

Region with highest CAGR:

Asia Pacific is projected to hold the highest CAGR over the forecast period. Increased consumer awareness regarding environmental sustainability has driven demand for eco-friendly packaging solutions. Barrier coatings that are biodegradable and compostable are particularly sought after. The expanding food and beverage sector, especially the processed food industry, requires packaging materials that offer superior barrier properties to maintain product freshness and safety. This drives the demand for functional coatings.

Key players in the market

Some of the key players in Functional and Barrier Coatings for Paper market include Dow Chemical Company, BASF SE, Solvay SA, Akzo Nobel N.V., Evonik Industries AG, Michelman, Inc., Ashland Global Holdings Inc., Wacker Chemie AG, Omya International AG, Eastman Chemical Company, Clariant AG, Sun Chemical Corporation, Nippon Paper Industries Co., Ltd., Croda International Plc, Buckman Laboratories International, Inc., Arkema Group, Huntsman Corporation, Ferro Corporation, Daikin Industries, Ltd.

Key Developments:

In June 2024, Evonik's new TEGO(R) Guard 9000 for exterior and facade paints wins Ringier Technology Innovation Award. The jury praised Evonik's new technology, which improves the stabilization of paint ingredients in facade coatings directly after application, providing almost immediate protection against weathering.

In April 2024, Evonik and the University of Mainz have signed a license agreement to commercialize randomized polyethylene glycols (rPEGs), a new class of PEGs. Evonik intends to use rPEGs for its platform of specialized lipids and commercialize the excipients under the license agreement to meet customer and market needs.

Coating Types Covered:

• Pigment Coating
• UV Coating
• Wax Coating
• Poly Coating
• Other Coating Types

Substrate Types Covered:

• Paperboard
• Flexible Packaging
• Corrugated Board

Functionalities Covered:

• Moisture
• Grease
• Oxygen
• Antimicrobial
• Release
• Conductive

Applications Covered:

• Food Packaging
• Medical Packaging
• Labeling and Printing
• Specialty Papers
• Disposable Products
• Other Applications

End Users Covered:

• Food and Beverage
• Healthcare
• Industrial
• Cosmetics and Personal Care
• Pharmaceuticals
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Functional and Barrier Coatings for Paper Market, By Coating Type

• 5.1 Introduction
• 5.2 Pigment Coating
• 5.3 UV Coating
• 5.4 Wax Coating
• 5.5 Poly Coating
• 5.6 Other Coating Types

6 Global Functional and Barrier Coatings for Paper Market, By Substrate Type

• 6.1 Introduction
• 6.2 Paperboard
• 6.3 Flexible Packaging
• 6.4 Corrugated Board

7 Global Functional and Barrier Coatings for Paper Market, By Functionality

• 7.1 Introduction
• 7.2 Moisture
• 7.3 Grease
• 7.4 Oxygen
• 7.5 Antimicrobial
• 7.6 Release
• 7.7 Conductive

8 Global Functional and Barrier Coatings for Paper Market, By Application

• 8.1 Introduction
• 8.2 Food Packaging
• 8.3 Medical Packaging
• 8.4 Labeling and Printing
• 8.5 Specialty Papers
• 8.6 Disposable Products
• 8.7 Other Applications

9 Global Functional and Barrier Coatings for Paper Market, By End User

• 9.1 Introduction
• 9.2 Food and Beverage
• 9.3 Healthcare
• 9.4 Industrial
• 9.5 Cosmetics and Personal Care
• 9.6 Pharmaceuticals
• 9.7 Other End Users

10 Global Functional and Barrier Coatings for Paper Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Dow Chemical Company
• 12.2 BASF SE
• 12.3 Solvay SA
• 12.4 Akzo Nobel N.V.
• 12.5 Evonik Industries AG
• 12.6 Michelman, Inc.
• 12.7 Ashland Global Holdings Inc.
• 12.8 Wacker Chemie AG
• 12.9 Omya International AG
• 12.10 Eastman Chemical Company
• 12.11 Clariant AG
• 12.12 Sun Chemical Corporation
• 12.13 Nippon Paper Industries Co., Ltd.
• 12.14 Croda International Plc
• 12.15 Buckman Laboratories International, Inc.
• 12.16 Arkema Group
• 12.17 Huntsman Corporation
• 12.18 Ferro Corporation
• 12.19 Daikin Industries, Ltd.