Stone Paper Market: Highlights
- Stone paper is known for its strength and durability. It is made out of calcium carbonate 80% (limestone) and bio-polyethylene resin 20% (HDPE). In this case, the HDPE is used as a binder. Limestone from existing limestone quarries is being used as a raw material and processed into a fine powder.
- Stone paper is used in stationery, magazines, books, wallpapers, leaflets, posters, bags, packaging, adhesives, plates, trays, containers, etc. It is non-toxic, food safe, fire-resistant, recyclable, waterproof, complies with FDA standards, and does not lead to air pollution. As a result, it is employed in numerous applications in various sectors.
- Stone paper is originally white in color. Therefore, it does not require any further bleaching process. Stone paper products also retain their shape over time because of the high density.
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Key Drivers and Challenges of Stone Paper Market
- Increase in investment in R&D for the development of advanced manufacturing techniques using calcium carbonate and other similar organic compounds is expected to be a key driver of the global stone paper market. Furthermore, rise in concerns related to deforestation and supportive regulations promoting the use of an alternative to conventional paper are also likely to boost the demand for stone paper in the near future.
- Growth in government regulations to reduce deforestation is anticipated to negatively impact the raw material availability for conventional paper products. As a result, demand for stone paper is estimated to rise during the forecast period.
- Key challenges faced by the stone paper market include environmental regulations on mining activities, which play a major role in the extraction of calcium carbonate. Increase in demand for raw materials such as HDPE in other industries such as piping and fuel tanks, bottles, and furniture is projected to adversely affect the availability of raw materials in the manufacture of stone paper in the next few years.
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Stone Paper Market: Application Segment
- In terms of application, the global stone paper market can be segmented into paper packaging, labeling paper, self-adhesive paper, and others
- The paper packaging segment is projected to account for major share of the global stone paper market by 2027
- Expanding at a healthy growth rate, labeling paper and self-adhesive paper segments are expected to create significant incremental opportunities during the forecast period
- In terms of volume, the others segment is anticipated to expand at a moderate to high pace during the forecast period
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Asia Pacific to be Key Region of Global Stone Paper Market
- In terms of region, the global stone paper market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In Asia Pacific, China and India aim to promote investments in their respective end-use industries. This is estimated to boost the stone paper market in the region.
- In terms of demand, Asia Pacific held prominent share of the global stone paper market in 2018. It was followed by North America and Europe. Asia Pacific is a highly promising region of the market. This trend is projected to continue in the next few years. Constant rise in manufacture of stone paper for usage in various industries and export purposes is driving the demand for stone paper in Asia Pacific. With economic contraction and saturation in the market in Europe and North America, demand for stone paper is shifting to Asia Pacific.
- The stone paper market in Latin America and Middle East & Africa is estimated to expand at a moderate pace during the forecast period. End-use industries in Mexico have been expanding steadily. The UAE is also exhibiting significant growth in its end-use industry. These factors are projected to drive the demand for stone paper in Latin America and Middle East & Africa, respectively, during the forecast period.
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Key Manufacturers Operating in Market
The global stone paper market was highly fragmented in 2018. Key manufacturers operating in the global stone paper market include:
- The Stone Paper Company
- WestRock Company
- Gaia-Concept BV
- Taiwan Lung Meng Advanced Composite Materials Co., Ltd.
- Packaging Corporation of America
Global Stone Paper Market: Research Scope
Global Stone Paper Market, by Application
- Paper Packaging
- Labeling Paper
- Self-adhesive Paper
- Others
This report studies the Stone Paper market, covering market size for segment by type (RPD, RBD, etc.
), by Sales Channel (Direct Channel, Distribution Channel), by player (TETHIA Group, Shenzhen Stone Paper, Liaoning Shenmei, Panjiang Dragon, Taiwan Lung Meng, etc.)
and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).This report provides detailed historical analysis of global market for Stone Paper from 2015-2020, and provides extensive market forecasts from 2021-2030 by region/country and subsectors.
Since outbreak in December 2019, the COVID-19 virus has spread to all around the world and caused huge losses of lives and economy, and the global manufacturing, tourism and financial markets have been hit hard, while the online market/industry increase.
In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market.
Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market.
The Stone Paper Market is set to witness a higher CAGR in the forthcoming period.
A stone paper is a viable element used as potential alternative against paper and polypropylene film.
Considering the drastic effect on environment, manufacturers are now emphasizing on “No-wood pulp” and “Zero Pollution” resolutions.
Stone paper is photo degradable and can be reused as a plastic.The stone paper market is highly driven by surge in investments for R coupled with positive initiative for deforestation under government support and rise in use of stone paper as an alternative to regular paper.
Rise in use of novel techniques for product manufacture and packaging have triggered the demand for stone paper.
In addition, development of viable sources for product manufacturing resulting out of regulations for deforestation is likely to propel the market growth in the forecast period.Request a Free Sample Copy of Stone Paper Market Report @ https://www.millioninsights.com/industry-reports/stone-paper-market/request-sample However, challenges such as rise in demand for high-density polyethylene from several industries is likely to impede the market growth during the forecast period.
Market ScenarioThe Global Stone Paper Market is predicted to demonstrate a staggering CAGR during the forecast period (2016-2021) owing to the accelerating demand from the packaging industry, asserts Market Research Future.
Neither synthetic made nor pulp made, stone paper is extremely durable, eco-friendly, and highly strong paper, and is also termed as rich mineral paper, rock paper, and paper from waste marble.
Stone paper can be recycled and re-formed into stone paper again, which cannot be recycled but is compostable and photodegradable under commercial conditions.
Stone papers are ideal for bags, packaging, wrappers, stationery, greaseproof paper, adhesives, containers, and other applications.Get free sample pdf @ https://www.marketresearchfuture.com/sample_request/1378Drivers and Constraints Impacting the MarketWith rising demand from the labeling and packaging industry, the global market for stone paper is considered to flourish during the forecast period.
The augmenting application of stone paper in a self-adhesive paper can be credited to the ecological impacts, with regards to usage of water, energy, deforestation and carbon emissions.
The market is extremely competitive owing to the presence of a substantial number of suppliers across the globe.As Stone Paper Market trends helps to enhance the aesthetic properties of the products need to be packaged, also offering an economical and eco-friendly solution, demand for stone paper has triggered during the appraisal period.
San Francisco, 11 June 2020 — “Stone Paper Market Analysis By Regions (North America, Europe, Asia-Pacific, Latin America and Africa), Product, By Application And Segment Forecasts To 2027” The Stone Paper Market is set to witness a higher CAGR in the forthcoming period.
A stone paper is a viable element used as potential alternative against paper and polypropylene film.
Considering the drastic effect on environment, manufacturers are now emphasizing on “No-wood pulp” and “Zero Pollution” resolutions.
Stone paper is photo degradable and can be reused as a plastic.
Get a Free Sample Copy of Report @ https://www.millioninsights.com/industry-reports/stone-paper-market/request-sample The stone paper market is highly driven by surge in investments for R coupled with positive initiative for deforestation under government support and rise in use of stone paper as an alternative to regular paper.
In addition, development of viable sources for product manufacturing resulting out of regulations for deforestation is likely to propel the market growth in the forecast period.
