Paper Coating Materials Market Outlook – Asia Pacific Poised to be Major Growth Engine
Asia Pacific and North America are expected to be the most potential markets for paper coating material manufacturers. According to IBEF, the demand for paper in India is expected to rise 53% by 2020. In the past few years, the Indian paper sector has invested an amount of US$ 20 billion on technology upgrade, capacity enhancement and acquisitions. The rapidly growing paper industry coupled with application of paper various uses such as corrugated boxes, food packaging is anticipated to boost the paper coating materials market. India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the purpose of promoting and creating international awareness of goods manufactured in India.
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