Stone Paper Market Due to Increased Demand About Stone papers are also known as mineral paper, bio-plastic paper or rich mineral. These are durable and strong paper-like products made of calcium carbonate 80%, bonded with a small amount of high-density polyethene (20%). Stone paper can be used to make stationery, leaflets and posters, books, magazines, bags, packaging, in-mould labelling, plates, trays, and containers. It is also good for wallpaper, adhesives, tags or maps.
Sustainability By replacing traditional paper in Europe with stone papers, CO2 2 generation could be reduced by 62 %, water consumption would drop by 99.2 %, and wood use would be reduced by 100 %. The result depends on the type of Calcium Carbonate and HDPE used. The oil ratio required to produce virgin HDPE stone paper is such that replacing traditional paper with recycled and virgin components could save up to 46% from the current European graphic paper supply.
Stone Paper Market – Forecast Period 2020-2025 The Stone Paper Market is forecast to reach $14.26 Billion by 2025. This market will grow at a CAGR of 3.5% over the forecast period. The market is increasing due to the adoption of environmentally friendly products.
Key Factors
- Asia Pacific dominates the market due to increasing demand.
- S from applications like packaging and paper. The presence of important emerging economies such as China contributes to the growth of the market.
- The market will grow in the near future due to the increasing adoption of environmentally friendly and sustainable products and the strict implementation of government regulations regarding the usage of traditional papers.
- Another driving force for market growth is the increasing investment in R&D to develop better manufacturing techniques using organic compounds.
- Stone paper is a market that benefits from the global demand for packaging and labels.
Segment Analysis
- By application
In 2019, the paper packaging industry dominated the market. There is also a growing demand for high-quality stone paper for labelling, which enhances the appearance of the packaged product. Stone paper is waterproof, tear-resistant, and insect-proof. It also has a high FDA food grade. Stone paper is widely used in the paper packaging industry because of its cost-effectiveness.
- Product Type
In 2019, the most popular product was double-coated stone paper, rich mineral paper. The RPD market is expected to grow rapidly due to the rise in demand for energy-saving technologies, environmentally friendly products, and pollution-free products such as notepads. Magazines, books, hotel supplies, and paper bags.
- By material
Calcium carbonate accounted for the largest share in 2019. Calcium carbonate is used to make stone paper. As a binder, high-density plastic is used to bind the calcium carbonate in flat sheets.
- Geography
Asia Pacific dominated the market, with a share greater than 33%. North America and Europe were close behind. The market growth in APAC is mainly due to low production costs, the easy availability of raw materials, and the high demand for environmentally friendly packaging materials. China is both the biggest producer and consumer and dominates the Asia Pacific market.
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