The North American masking paper market is set for steady expansion during the assessment period from 2022 to 2032. The presence of leading market players, coupled with the rapid growth of end-use industries, propels this growth. Nations like the USA, Canada, and Mexico are witnessing increased demand for masking paper, particularly in the automotive and building and construction sectors. These regions’ booming automotive activities and construction industry upsurge create a conducive environment for market growth in the forecast period. The North American masking paper market is poised to play a significant role in the global industry landscape.
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The global masking paper market is on a steady growth trajectory, with a projected Compound Annual Growth Rate (CAGR) of approximately 5.42% from 2022 to 2032. This positive trend is primarily attributed to the increasing adoption of masking paper in various applications, such as painting, thermal spraying, and printing. Masking paper, a specialized paper designed for masking purposes, finds extensive utility across diverse industries, including automotive, construction, aerospace, metalworking, and electronics, where it safeguards unpainted surfaces from paint overspray and splatter.
The demand for masking paper is on the rise, as industries seek effective solutions for protecting surfaces of automotive components, construction structures, electronics, and more. This heightened usage of masking paper and masking tapes is expected to be a significant driver of market growth in the coming years. Masking paper has emerged as the preferred choice for protecting surfaces against paint overspray in both manufacturing and repair processes, offering prolonged protection to areas that do not require painting.
The upsurge in masking paper sales, driven by its recyclability, cost-effectiveness, user-friendly attributes, excellent barrier properties, and mechanical strength, is expected to persist. The versatility of masking paper, which can be easily customized to specific needs, further solidifies its position in the market.
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Key Points:
- Steady Growth in Global Masking Paper Market: The global masking paper market is forecasted to maintain a steady growth rate of approximately 5.42% from 2022 to 2032.
- Diverse Applications Fuel Market Growth: Rising adoption of masking paper across various applications, including painting, thermal spraying, and printing, is a key driver of market expansion.
- Versatile Utility Across Industries: Masking paper is widely used in automotive, construction, aerospace, metalworking, electronics, and more to protect unpainted surfaces from paint overspray and splatter.
- Demand Surge in Protecting Surfaces: Increasing need for protecting surfaces in automotive, construction, and electronic industries through masking paper and masking tapes is propelling market growth.
- North America’s Steady Market Expansion: The North American masking paper market is set for continuous growth due to the presence of leading players and increased demand driven by automotive and construction activities in countries like the USA, Canada, and Mexico.
Regional Outlook:
Geographically, the global masking paper market has been divided into seven key regions- North America, Latin America, Western Europe, Eastern Europe, and Asia Pacific excluding Japan, Middle East & Africa, and Japan. The Europe automotive industry is the largest manufacturer of automobile vehicles and heavily invests in R&D. The industry has shown some recovery after the recession, and is anticipated to benefit the masking paper market directly with its growth.
Key players:
Some of the key players operating in masking paper market are- Potsdam Specialty Paper, Inc., Brown Packaging, Inc., Quest Automotive Products, Atlantic Coated Papers Ltd, Shanghai Smith Adhesive New Material Co., Ltd, and API, Inc. Many local and unorganized players are expected to contribute to the global masking paper market during the forecast period.
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Market Segmentation:
On the basis of product type,
- Crepe Paper
- Washi Paper
- Kraft Paper
- Flatback Paper
On the basis of basis weight,
- Up to 40 GSM
- 40 GSM to 50 GSM
- 50 to 60 GSM
- Above 60 GSM
On the basis of paper grade,
- Virgin Paper
- Recycled Paper
On the basis of application,
- Painting
- Plating
- Printing
- High-Temperature Applications
- Thermal Spraying
- Other Applications
On the basis of end-use,
- Automotive
- Building and Construction
- Aerospace
- Electrical & Electronics
- Healthcare
- Metal Working
- Shipping and Logistics
- Others
Report Highlights:
- A detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.
About Future Market Insights (FMI)
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