Global Synthetic Paper Market report, the major topics have been covered and include market definition, market segmentation, and key developments in the market, competitive analysis, and research methodology. Global synthetic paper market is expected to rise to an estimated value of USD 999.27 million by 2026. Latest Study and Analyzed Report on Industrial Growth of Synthetic Paper Market 2019-2026. The geometric information united together to produce this report is mostly denoted with the charts, tables, and graphs which make this report easier to utilize. For reaching towards the success at local, regional as well as international level, this high-quality Global Synthetic Paper Market research report is a definitive solution. The report aids in evaluating brand awareness, market landscape, possible future issues, industry trends and customer behavior with which refined business strategies can be fixed. The report can be elaborated more specifically in terms of the breakdown of data by manufacturers, region, type, application, market status, market share, growth rate, future trends, market drivers, opportunities, challenges, emerging trends, risks and entry barriers, sales channels, and distributors.
Market Analysis: Global Synthetic Paper Market
Global synthetic paper market is expected to rise to an estimated value of USD 999.27 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026.
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Key Market Competitors:
Few of the major competitors currently working in the global synthetic paper market are-DuPont; Agfa-Gevaert Group; PPG Industries, Inc.; NAN YA PLASTICS CORPORATION; Arjobex; Relyco Sales, Inc.; Transcendia; Seiko Epson Corporation; YUPO CORPORATION; Formosa Plastics Group; Granwell Products Inc; Folex; Profol Kunststoffe GmbH; Sihl AG; Japan Pulp & Paper Co., Ltd.; Aluminium Féron GmbH & Co. KG; B & F Plastics, Inc.; Jindal Poly Films Ltd.; Valéron Strength Films; Cosmo Films Ltd.; TOYOBO CO., LTD.; Polyplex; Kernow Coatings; Southwest Binding & Laminating; Neenah, Inc.; TAGHLEEF INDUSTRIES GROUP and AVERY DENNISON CORPORATION.
Market Definition: Global Synthetic Paper Market
Synthetic paper is a specialised form of paper, although it essentially is derived from petroleum products and resins, displaying traits of plastics and plastic films. Modifications to this product results in its texture and features of being more as paper although they are highly durable, sustainable providing tear-free features and resistance to water along with being recyclable.
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By Raw Material
- Biaxially Oriented Polypropylene (BOPP)
- High-Density Polyethylene (HDPE)
- Polyethylene Terephthalate (PET)
By Raw End-Use Industry
- Paper Bags
By Manufacturing Process
- Extruded Flat Film
- Tubular Film
- North America
- South America
- Middle East and Africa
Key Developments in the Market:
- In December 2018, Japan Pulp & Paper Co., Ltd. announced that they had completed the acquisition of Spicers Paper (Singapore) Pte Ltd and Spicers Paper (Malaysia) Sdn Bhd, resulting in the integration of both business acting as subsidiaries of Japan Pulp & Paper Co., Ltd. This acquisition will further their presence globally and expand their distribution capabilities.
- In October 2018, Cosmo Films Ltd. announced the launch of an upgraded version of synthetic paper which has the capability of replacing the usage of pulp paper in a number of applications. The synthetic paper is essentially a modified version of BOPP (Biaxially Oriented Polypropylene) film which is designed to fulfil the needs and demands of pulp paper without tearing and having weather resistance capabilities.
Highlights of the Study
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
- To describe and forecast the market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- Key parameters which are driving this market and restraining its growth
- What all challenges manufacturers will face as well as new opportunities and threats faced by them.
- Learn about the market strategies that are being adopted by your competitors and leading organizations
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