Synthetic Paper Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Film Synthetic Paper and Fiber Synthetic Paper), By Raw Material (Biaxially oriented polypropylene (BOPP), High Density Polyethylene (HDPE), Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC), and Others), By Application (Printing, Packaging, Labelling, and Others), By End-

Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format

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Synthetic Paper Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Film Synthetic Paper and Fiber Synthetic Paper), By Raw Material (Biaxially oriented polypropylene (BOPP), High Density Polyethylene (HDPE), Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC), and Others), By Application (Printing, Packaging, Labelling, and Others), By End-

Europe produced approximately 2.71 billion metric tons of carbon dioxide emissions in 2021.

Synthetic Paper is a Hybrid product manufactured using synthetic resin as its primary substrate. Naturally, its chemical nature reflects few similarities with a plastic film. Still, its outer appearance looks more like regular Paper, derived naturally, i.e., from wood pulp. Over time, the synthetic paper industry has grown, and synthetic Paper can be printable with most of the well-established technologies, which has led to the easy adoption of synthetic Paper in the printing and packaging industry. Synthetic Paper has gone towards many niche applications beyond the domain previously covered by trivial applications.

Growing Application Across a Range of Industries

Asia accounted for 49 percent of global paper and paper board production in 2020.

Increasing Public Awareness About the Environmental Impact

The increasing consumer preference for recycled and environmentally friendly packaging is one of the major factors driving the growth of the global synthetic paper market. The need for synthetic resins is rising because of the material's good characteristics, such as resistance to chemicals, oils, tears, and moisture. More companies are employing synthetic Paper, including those that produce consumer goods, transportation, medical equipment, food and beverage, and packaging. The market benefits from the growing acceptance and will elevate during the forecast period.


MIR Segment1

Synthetic Papers Having Ideal Physical Properties

In 2020, approximately 127 million tons of cardboard and paper were produced in China.

Recent Trends, Developments, and Opportunities

MDV Group, previously known for manufacturing high-end sustainable synthetic papers and films for printing, packaging, and labeling applications, has undergone a 100 percent acquisition in December 2020 by France headquartered specialty paper manufacturer Arjobex SAS to expand its geological footprints across North America and Asia Pacific Region.

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Market Segmentation

Global Synthetic Paper Market is segmented based on Type, Raw Material, Application, End-User Industries, and regional distribution. Based on Type, the market is bifurcated into Film Synthetic Paper and Fiber Synthetic Paper. Based on Raw Material, the market is divided into Biaxially oriented polypropylene (BOPP), High-Density Polyethylene (HDPE), Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC), and Others. Based on Application, the market is fragmented into Printing, Packaging, Labelling, and Others. Based on End-User Industries, the market is divided into Pharmaceuticals, Food & Beverages, Cosmetics, and Others. The market analysis also studies the regional segmentation divided among the North American, European, Asia-Pacific, South American, Middle East & African regions.


MIR Regional

Market Players

Yupo Corporation, Hop Industries Corporation, PPG Industries, Inc., Seiko Epson Corporation, Agfa-Gevaert Group, Arjobex SAS, Toyobo Corporation Ltd., MDV-Papier-und Kunststoffveredelung GmbH, Relyco Sales, Inc. and Formosa Plastics Corporation are some of the major market players in Global Synthetic Paper Market.

Attribute

Details

Base Year

2022

Historical Years

2018 â€“ 2021

Estimated Year

2022

Forecast Period

2023 – 2028

Quantitative Units

Revenue in USD Million, Volume in million square meters, and CAGR for 2018-2022 and 2023E-2028F

Report Coverage

·         Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         Raw Material

·         Application

·         End-User Industry

Regional Scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country Scope

United States, Mexico, Canada, Germany, United Kingdom, France, Russia, Belgium, Spain, Italy, China, India, Japan, Australia, South Korea, Brazil, Colombia, Argentina, UAE, Saudi Arabia, South Africa

Key Companies Profiled

Yupo Corporation, Hop Industries Corporation, PPG Industries, Inc., Seiko Epson Corporation, Agfa-Gevaert Group, Arjobex SAS, Toyobo Corporation Ltd., MDV-Papier-und Kunststoffveredelung GmbH, Relyco Sales, Inc., Formosa Plastics Corporation

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