Synthetic Paper Market Insights on Trends, Drivers and Opportunities by 2021 & key players - PPG Industries Inc, Nan Ya Plastics Corporation, AGFA-Gevaert N.V., Seiko Epson Corporation, Arjobex Sas, Yupo Corporation, HOP Industries Corporation and Americ

Synthetic Paper Market Overview:
Synthetic paper is generally made from petroleum derivatives, such as synthetic resins (polyethylene and polypropylene). Synthetic paper has characteristics similar to those of plastic films and, at the same time, it is impossible to visually distinguish them from ordinary paper. Synthetic paper offers many advantages over normal paper due to its superior chemical and physical characteristics. Synthetic paper resists water, stains, tears, oily substances and most chemicals. Also, unlike normal paper, synthetic paper is able to withstand extreme heat and cold. In addition, synthetic paper resists ultraviolet (UV) and sun radiation, which makes it ideal for outdoor applications. Synthetic paper is inorganic, friendly to the environment and produces very few byproducts during the manufacturing process. Synthetic paper can be easily removed by recycling, incineration or certified landfills. Synthetic paper not only has application in the processing industry, but also in the food labeling and packaging industry, and children's books.

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Synthetic Paper Market was valued at USD 350 million in 2016 and poised to touch USD 410 million by 2021 growing at a CAGR of 7.72% during the forecast period 2016 to 2021.

Drivers and Restraints:
The growing interest in the use of environmentally friendly products and the current government regulations have led to a change in the use of synthetic paper instead of wood paper. Synthetic papers are ecological because they are 100% recyclable. They consist mainly of polypropylene, polybutylene and polyethylene and have different properties, such as resistance to chemicals, tears, oil and moisture, and, therefore, can be used in several applications, such as graphics Banners, graphics, gear graphics, retractable Wrapping labels and labels, restaurant menus and instruction manuals. The increase in urbanization has led to greater demand from the printing, labeling and packaging industries, as well as consumer goods. These factors are the main drivers of the synthetic paper market. Synthetic papers have superior performance characteristics, such as superior surface quality printing and non-toxic nature, to become the driving force behind this market. It is expected that the increase in investment in the construction sector in emerging economies will feed the world market during the foreseen period.

Geographical Segmentation:
The region with the largest market share for the global market is the Asia-Pacific. This is mainly due to the growing demand of industries such as packaged foods and beverages and cosmetics. India, Japan and China are the main consumers of synthetic paper. The Middle East and Africa region also contributes significantly to the synthetic paper market. The factor that attributes this growth is its greater use in printing applications. The use of synthetic paper in offset and xerography has progressed enormously. The European synthetic paper market is also growing due to the presence of the main synthetic paper manufacturers in this region.

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Key Players of Synthetic Paper Market:
PPG Industries, Inc, Nan Ya Plastics Corporation, AGFA-Gevaert N.V., Seiko Epson Corporation, Arjobex Sas, Yupo Corporation, HOP Industries Corporation, American Profol Inc., Transilwrap Company, Inc., Relyco Sales, Inc., and MDV Papier GmbH are the major players of the market.

Key Takeaways from this Report:
• For different product types, end use applications and industry verticals, offers calculated growth rates (CAGR %), Volume (Units), and Value ($M) in each region to estimate the market potential.
• Identify various driving factors, constrains and untold opportunities that can impact the global marketplace
• Know the position of your competitor based on the market shares, financial performance, strategical approaches, SWOT, product benchmarking and so on.
• Increase overall revenue by understanding the geographical impact on sales and distribution channels.
• Evaluate the increase in values at each step of industry supply chain to improve process efficacy and optimize the value.
• Understand the market dynamics of leading players like deals, partnerships, new products, mergers and acquisitions in the last four years.
• Estimate the gaps in supply-demand, statics involved in import-export, and regulatory framework of the worldwide market in over 20 top nations.

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