According to The Insight Partners’ latest study on “Synthetic Paper Market is accounted to US$ 630.0 Mn in 2018 and is expected to grow at a CAGR of 8.1% during the forecast period 2019-2027, to account to US$ 1,244.5 Mn by 2027.

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Typically, labelling, printing, packaging, and other uses call for the usage of synthetic papers. Synthetic paper has become a popular material choice in a variety of end-use applications due to its high-performance characteristics, including chemical resistance, oil resistance, rip resistance, water resistance, UV resistance durability, longer shelf life, etc.

The market for synthetic paper is anticipated to grow as demand from packaging and printing applications increases.

Synthetic paper has become quite popular as a preferred material in a variety of end-use applications due to its high-performance characteristics, such as chemical resistance, oil resistance, rip resistance, water resistance, UV resistance durability, longer shelf life, etc. Synthetic papers have better qualities than normal paper, making it easier and more dependable to support high-performance printing.

Major vendors covered in this report:

·         B & F PLASTICS, INC.

·         COSMO FILMS LTD.

·         E. I. DU PONT DE NEMOURS AND COMPANY

·         HOP INDUSTRIES CORPORATION

·         JINDAL POLY FILMS LIMITED

·         PPG INDUSTRIES, INC.

·         SIHL INC.

·         TECHNOVA IMAGING SYSTEMS (P) LTD

·         TOYOBO CO., LTD.

·         TRANSCENDIA

Competitive scenario:

Under the raw materials segment, the BOPP segment accounted for the largest share in the global synthetic paper market. The biaxial oriented polypropylene (BOPP) synthetic paper is a biaxially oriented polypropylene film which means that the paper is stretched in both across the machine direction and in the machine direction.

The most often used strategies in the worldwide synthetic market were found to be mergers and acquisitions. The following is a list of a few recent advancements in the worldwide synthetic market:

 2019: Agfa-Gevaert Group signed a distribution agreement with Fujitex Co., Ltd. for the      distribution of synthetic paper, Synaps XM.

2018: Yupo Corporation America joined the Sustainable Green Printing Partnership, (SGP), as a Silver Level Patron. Yupo aims to join other print industry leaders so as to promote sustainability and achieve the aims of SGP and keeping costs low for certification of print facilities.

2017: Cosmo Films introduced new synthetic paper, biaxially oriented polypropylene films based synthetic paper. It is printable with UV flexo and wet offset, letterpress, thermal transfer, and other printing technologies.

Synthetic Paper Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

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