Press release
2017 - 2024 Synthetic Paper Market report, industry analysis & regional trends to follow
Global synthetic paper market size is projected to register 209.7 kilo tons by 2023, with an estimated gains at 6.1%. Stringent environment protection regulations for sustainability will drive global synthetic paper market size as an alternative to wood pulp.
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Reasons to Buy This Report
1. synthetic paper market size & forecast by product & application
2. Growth drivers, pitfalls & industry challenges
3. Key synthetic paper market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
Packaging & labeling industry expansion and the need to have sustainable and environment friendly paper solution will play an important role in instigating demand. Biaxially Oriented Polypropylene (BOPP) synthetic paper market segment was the largest, with consumption of over 77 kilo tons in 2015. Easy coating, laminating, and printing process coupled with cost benefits were key influencing factors.
Label market growth is estimated to be the highest, with gains at 6.3% up to 2023 and predicted to exceed 80 kilo tons. Important uses include stack & shrink labels, pressure sensitive, in-mold and wraparound labels.
HDPE product revenue exceeded USD 87 million in 2015 with 7% CAGR forecast up to 2023.
APAC, led by China synthetic paper market size, was the dominant regional industry and accounted for more than 37% of the total demand in 2015. BOPP demand was the highest in APAC and registered close to USD 55 million in 2015.
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Low manufacturing cost in India and China may attract new investment in the region.
North America, influenced by U.S. industry growth and regulatory compliance, registered over USD 55 million in 2015 North America label market is predicted to witness significant growth at 7.0% in revenue terms up to 2023 due to strong application scope in pharmaceutical and food & beverages packaging.
The synthetic paper Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. synthetic paper Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2012 - 2023
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
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4. synthetic paper Market Product Insights
5. synthetic paper Market Application Insights
6. synthetic paper Market Regional Insights
7. Competitor Profiles
Synthetic paper market share is highly consolidated with key MNCs holding large market share and catering to over 75% of the total demand. Yopu Corporation, PPG Industries, Arjobex, and DuPont were among the leading MNCs. Joint Venture and product portfolio expansion are among the key growth strategies.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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