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.      

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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