Global Synthetic Paper Market research report is a professional market research manual which sheds light on growth prospective of the Global Synthetic Paper Market. It gives details about demand and supply status, import and fare, circulation channel, and generation capacity plays a fundamental job in offering entrepreneurs, partners, and field promoting workforce a focused edge over others working in a similar space. This report increases the knowledge regarding the Global Synthetic Paper Market by presenting pictorial depiction and besides helps in getting the Anti-epileptic Drugs for Pediatrics business realities much better. The Global Synthetic Paper Market report is most likely going to grow at a significant CAGR.
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.
This rise in market value can be attributed to the advancements of technologies & advancements in the packaging market along with increased concern for the deforestation activities required for the manufacturing of pulp paper.
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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.
- High growth in demand for eco-friendly packaging products that are recyclable; this factor is expected to drive the growth of the market
- Increasing adoption of blister packaging and folding cartons packaging methods; this factor is expected to drive the growth of the market
- Availability of customized grades of products and solutions depending on their applications; this factor is expected to drive the growth of the market
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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.
Global synthetic paper market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of synthetic paper market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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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The Focus of the report:
- The study provides an in-depth analysis of the Market and current & future trends to elucidate imminent investment pockets.
- Changing market dynamics of the industry
- Strategies of key players and product offerings
- In-depth market segmentation
- Recent industry trends and developments
- Analyze and forecast to Market on the basis of type, function and application.
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