Synthetic Paper Market Market Size, Status, Share and Forecast By 2018 – 2026

Recent technological developments, awareness about ecology and demand from end use industries for paper, paper bags and other paper products is largely contributing to high CAGR of synthetic paper market

Market Size – USD 533.0 Million in 2018, Market Growth – CAGR of 7.8 %, Market Trends – Product Launches and Research for Advanced Tech Developments

Based on current analysis, the Global synthetic paper market was valued at USD 533.0 million in 2018 and is anticipated to reach USD 973.0 million by 2026, at CAGR of 7.8% Synthetic papers have qualities those of a regular paper made from natural resources. Natural or regular paper is manufactured from wood pulp. On the other hand, synthetic paper is derived from synthetic resins classified from petroleum as its principal material. Synthetic papers hold few beneficial properties, such as, grease, water, oil, chemical and tear resistance consisting of regular paper’s radiant white and printable surface.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/press-release/global-synthetic-paper-market

Key finding of the Synthetic Paper market

• Cosmo films has launched an upgraded version of synthetic paper which could replace paper in numerous occasions. This film has a capacity to replace paper in all applications possible in daily life where prevention, durability and continuous usage of paper are required
• In product type, Biaxially Oriented Polypropylene Bags (BOPP) holds maximum share of 56.8% proving to be the most revenue generating material type of synthetic papers
• In the global synthetic paper market, Asia-pacific is forecasted to lead the race of achieving high market share of 32.2% due to rising urbanization, improving consumer lifestyle and overall sustainability
• Key market players have marketed new products and brands of synthetic paper for further broadening the scope of synthetic paper market. Synthetic paper options are determined expressly for one specific application
• The factor that contributes to the growth is its maximized use for labelling, printing and laminating applications. There has been an incredible growth in the consumption of synthetic paper in xerography
• European synthetic paper market is growing at 7.5% of CAGR owing to the key manufacturers of the synthetic paper industry

Segments covered in the report:
For the purpose of the study, this Reports and Data has segmented the Global Synthetic Paper Market on the basis of Product type, Applications, Manufacturing process, End use industry and the regional outlook:

Product type (Revenue, USD Million; 2016–2026)

• Biaxially Oriented PolyPropylene Films (BOPP)
• High Density Polythene (HDPE)
• Polyvinyl Chloride (PVC)
• Other

Applications (Revenue, USD Million; 2016–2026)

• Labelling
• Printing
• Paper bag making
• Other

Manufacturing process (Revenue, USD Million; 2016–2026)

• Film Synthetic Paper
• Fiber
• Film Laminate
• Other

End use industry (Revenue, USD Million; 2016–2026)

• Packaging
• Transportation
• Pharmaceuticals
• Cosmetic And Personal Care
• Manufacturers
• Other

Regional Outlook (Revenue in USD Million; 2016–2026)

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest of the Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Rest of Asia-Pacific
• Middle East & Africa
• Latin America
• Brazil

Request For Free PDF Sample of This Research Report at: https://www.reportsanddata.com/sample-enquiry-form/1425