Synthetic paper, has typically been manufactured using synthetic resin derived from petroleum as its primary material. Naturally, this has given it characteristics similar to those of plastic film, but its appearance is remarkably similar to that of regular paper made from wood pulp. In addition, many synthetic papers have properties similar to those of regular paper.
Analysis of Global Synthetic Paper Market report:
Global synthetic paper market is expected to rise to an estimated value of USD 999.27 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the advancements of technologies & advancements in the packaging market along with increased concern for the deforestation activities required for the manufacturing of pulp paper.
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- High growth in demand for eco-friendly packaging products that are recyclable; this factor is expected to drive the growth of the market
- Increasing adoption of blister packaging and folding cartons packaging methods; this factor is expected to drive the growth of the market
- Availability of customized grades of products and solutions depending on their applications; this factor is expected to drive the growth of the market
- Availability of cheaper variant of pulp paper restricting the growth of the market
- Vulnerable nature of prices associated with the raw materials due to the dependency of the product on prices of crude oil; this factor is expected to restrain the growth of the market
Leading Key players profiled in this report are:
Few of the major competitors currently working in the global synthetic paper market are DuPont; Agfa-Gevaert Group; PPG Industries, Inc.; NAN YA PLASTICS CORPORATION; Arjobex; Relyco Sales, Inc.; Transcendia; Seiko Epson Corporation; YUPO CORPORATION; Formosa Plastics Group; Granwell Products Inc; Folex; Profol Kunststoffe GmbH; Sihl AG; Japan Pulp & Paper Co., Ltd.; Aluminium Féron GmbH & Co. KG; B & F Plastics, Inc.; Jindal Poly Films Ltd.; Valéron Strength Films; Cosmo Films Ltd.; TOYOBO CO., LTD.; Polyplex; Kernow Coatings; Southwest Binding & Laminating; Neenah, Inc.; TAGHLEEF INDUSTRIES GROUP and AVERY DENNISON CORPORATION.
Global Synthetic Paper Market Segmentation:
By Raw Material
- Biaxially Oriented Polypropylene (BOPP)
- High-Density Polyethylene (HDPE)
- Polyethylene Terephthalate (PET)
By Raw End-Use Industry
- Paper Bags
By Manufacturing Process
- Extruded Flat Film
- Tubular Film
- North America
- South America
Global synthetic paper market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of synthetic paper market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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The Global Synthetic Paper Market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global Synthetic Paper Market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.
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