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Synthetic Paper Market worth $1,824.04 million by 2030, growing at a CAGR of 9.54% - Exclusive Report by 360iResearch
Synthetic Paper Market | 360iResearch
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Synthetic paper, made from synthetic resins such as polypropylene and polyethylene, offers durability, water resistance, and chemical resilience, making it suitable for industries requiring robust materials, including packaging, labeling, and specialty printing. Its necessity lies in its superior durability and versatility compared to traditional paper. Key applications include packaging for resistant labels and tags, labels for goods needing to endure harsh environments, weather-resistant maps and manuals, and high-quality printed materials. End-use sectors encompass food and beverage packaging, pharmaceuticals, cosmetics, and logistics. Market growth is influenced by sustainability trends, with a preference for eco-friendly, recyclable materials aligning with environmental, social, and governance goals. Technological advancements in synthetic resin and printing techniques further boost its appeal. The increasing demand from health care, cosmetics, and transport sectors also drives market expansion. To leverage these trends, companies should target emerging markets with growing industrialization and packaging needs, focus on innovation to develop advanced synthetic papers with benefits such as improved biodegradability or enhanced print quality, and form partnerships with green initiatives to open new market segments. Challenges include the higher production costs of synthetic paper compared to traditional paper, environmental concerns related to disposal, and market acceptance, as some consumers and industries stick to traditional options due to cost and familiarity. Innovation areas include research into biodegradable synthetic paper, cost reduction in production processes, and the development of multifunctional products with features such as antimicrobial properties for health care or smart labels for logistics. The synthetic paper market is dynamic and evolving, driven by technological advancements and shifting consumer preferences. Continuous adaptation and innovation are crucial for meeting market demands and regulatory requirements, making a strategic focus on research and development and alignment with sustainability trends vital for growth.
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Market Segmentation & Coverage:
This research report categorizes the Synthetic Paper Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Raw Material, market is studied across BOPP, HDPE, PET, and PVC.
Based on Application, market is studied across Labels, Paper Bags, and Printing.
Based on End-Use Industry, market is studied across Aluminum, Magnesium, and Steel.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Synthetic Paper Market, highlighting leading vendors and their innovative profiles. These include Agfa-Gevaert N.V., Aluminum Feron GmbH & Co. KG, Arjobex SAS, Cosmo First Limited, Elastin International Corp., Hop Industries Corporation, HuanYuan Plastic Film Co.,Ltd. by Xiamen Best Resource Foreign Trade Co.,Ltd., Innovia Films Limited, Kaveri Metallising & Coating Ind. Private Limited, MDV Papier- und Kunststoffveredelung GmbH, MGX, Nan Ya Plastics Corporation by Formosa Plastics Group, Rifo Packaging Material Co., Ltd., Seiko Epson Corp., Tamerica Products, Inc., TESLIN by PPG Industries, Inc., and Toyobo Co., Ltd..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Synthetic Paper Market, by Raw Material
7. Synthetic Paper Market, by Application
8. Synthetic Paper Market, by End-Use Industry
9. Americas Synthetic Paper Market
10. Asia-Pacific Synthetic Paper Market
11. Europe, Middle East & Africa Synthetic Paper Market
12. Competitive Landscape
13. Competitive Portfolio
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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