Synthetic Paper Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos
Paper is one of the most widely consumed
commodity products, whether it is used as a stationary or used in industries
for labeling
or printing application, it plays an important role. However, the paper product
is not environmentally friendly as it requires pulp which is obtained mainly
from woods, thereby promoting deforestation. As the world is moving towards a
sustainable future, therefore it is important to substitute the conventional
paper with the paper which does not promote deforestation activity and at the
same time provides the same or better quality than the conventional one.
Synthetic paper is one of the niches in the paper industry which is gaining
industry traction due to its superior quality and environment-friendly nature
as these are produced using synthetic resins which are obtained from petroleum
products. These synthetic papers have wide potential to grow due to the wide
application areas of paper resulting in a large market size. For
instance, in 2020, the world has the capacity to produce around 590 million
tons of pulp, paper, and tissue.
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According to UnivDatos
Market Insights (UMI)’ research report “Global Synthetic
Paper Market”, the market is expected to showcase a growth of
around 7% during the forecast period. Demand for eco-friendly products and wide
application area are some of the key attributable factors to the growth of the
market
Based on raw material, the market is
categorized into BOPP, HDPE, and others. Among these, BOPP held a prominent
share in terms of value due to its water and oil resistance properties. Owing
to this it is widely consumed in the industries which demand a robust product
to handle the working condition. Further, BOPP-based synthetic papers are easy
to recycle thus facilitates a circular economy. Therefore, as companies are
trying to build a circular economy model to promote sustainability and at the
same time decrease operational cost, thus with using BOPP as a raw material to
produce synthetic paper can help in achieving their targets.
Based on end-user, the market is
categorized into industrial, institutional, and commercial/retail. Among these,
the industrial sector is among the largest consumer of synthetic paper and is
likely to maintain its position during the forecast period. This can be
attributed to the working environment of industries that demand non-tearable,
water resistance, chemical resistance, offer quality printing, and feels like a
conventional pulp-paper.
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Asia-Pacific accounted
for a considerable share of the synthetic paper market
Asia-Pacific
accounted for a significant share in the global synthetic paper market and is
expected to maintain its position in the market during the forecast period. The
main reason behind this is the large base of industries like chemical,
e-commerce, pharmaceutical, agricultural including agrochemicals, where the
consumption of synthetic paper is high due to the requirement of water and
chemical resistance paper product for printing, labeling, and packaging
applications. Also, the large and growing regional population is further
fueling the market growth of synthetic paper as with the increase in population
demand for the various product from the industrial sector would increase
thereby promoting the consumption of synthetic paper.
According
to UnivDatos Market Insights (UMI)’,
the key players with a considerable market share in the global Synthetic
Paper market include PPG Industries Inc., Seiko Epson Corporation,
Agfa-Gevaert N.V., Yupo Corporation, Arjobex SAS, HOP Industries Corporation,
Relyco Sales Inc., Transcendia Inc., MDV Papier- und Kunststoffveredelung GmbH, and Cosmo
Films Limited. These companies are taking
several strategic decisions to meet the growing demand and increase their market
share.
“Global Synthetic
Paper Market” provides comprehensive qualitative and
quantitative insights on the industry potential, key factors impacting sales
and purchase decisions, hotspots, and opportunities available for the market
players. Moreover, the report also encompasses the key strategic imperatives
for success for competitors along with strategic factorial indexing measuring competitors’
capabilities on different parameters. This will help companies in the
formulation of Go to Market Strategies and identifying the blue ocean for its
offerings.
For more informative information, please visit
us – https://univdatos.com/report/synthetic-paper-market/
Market Segmentation:
1. By Raw
Material (BOPP, HDPE, and Others)
2. By Application
(Printing, Labels & Tags, Packaging, and Others)
3. By
End-User (Industrial, Institutional, and Commercial/Retail)
4. By Region
(North America (US, Canada, Rest of North America),
Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific
(China, Japan, India, Australia, Rest of APAC), and Rest of World)
5. By
Company (PPG Industries Inc., Seiko
Epson Corporation, Agfa-Gevaert N.V., Yupo Corporation, Arjobex SAS, HOP
Industries Corporation, Relyco Sales Inc., Transcendia Inc., MDV Papier- und
Kunststoffveredelung GmbH, and Cosmo Films Limited)
Key questions answered in the
study:
1. What
are the current and future trends of the global synthetic paper industry?
2. How
the industry has been evolving in terms of raw material, application, and
end-user?
3. How
the competition has been shaping across the countries followed by their
comparative factorial indexing?
4. What
are the key growth drivers and challenges for the global synthetic paper industry?
5.
What are the customer
orientation, purchase behavior, and expectations from the global synthetic
paper suppliers across various region and countries?
Table
of Content –
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR
ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 GLOBAL SYNTHETIC PAPER
MARKET COVID-19 IMPACT
6 GLOBAL SYNTHETIC PAPER
MARKET REVENUE (USD MN), 2019-2027F
7 MARKET INSIGHTS BY RAW
MATERIAL
8 MARKET INSIGHTS BY
APPLICATION
9 MARKET INSIGHTS BY END-USER
10 MARKET INSIGHTS BY REGION
11 SYNTHETIC PAPER MARKET
DYNAMICS
12 SYNTHETIC PAPER MARKET
OPPORTUNITIES
13 SYNTHETIC PAPER MARKET
TRENDS
14 LEGAL & REGULATORY
FRAMEWORK
15 DEMAND AND SUPPLY-SIDE
ANALYSIS
16 VALUE CHAIN ANALYSIS
17 COMPETITIVE SCENARIO
18 COMPANY PROFILED
19 DISCLAIMER
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