Synthetic Paper Market Will Generate Record Revenue by 2031
The global synthetic paper market is anticipated to grow significantly at a CAGR of 8.8% over the forecast period (2024-2031). synthetic paper has gained high popularity as a choice material in many end-use applications due to its high-performance properties, including chemical resistance, oil resistance, tear resistance, water resistance, UV resistance durability, and longer shelf life. Rising demand for synthetic papers in paper bags and end-use industries like food and beverages, pharmaceuticals, packaging, cosmetics, and chemicals is expected to boost the overall growth of the synthetic paper market. For instance
•
In 2020,
Arjobex SAS acquired 100% shares of the MDV Group—a niche manufacturer and
coater of specialty papers and films for the print, packaging, medical,
sign/display and building industries.
•
In September
2020, Yupo Corporation launched "SUPERYUPO Double" (grade: FRBW)
grade for oil-based offset printing suitable for double-sided printing using
oil-based ink for paper. The product is fragment of the YUPO GREEN Series that
is merged partially with plant-derived biomass resin, which benefits reduce CO2
emissions.
The market players are
considerably contributing to the market growth by the adoption of various
strategies including mergers & acquisitions, collaborations, funding, and
new product launches, to stay competitive in the market. For instance, In January
2019, the agreement was signed between the Agfa-Gevaert Group and Fujitex Co.,
Ltd., a global trading company in Japan, to distribute synthetic paper under
the trade name of SYNAPS. The agreement includes distributing SYNAPS XM
products as Fujitex has a stronghold on the printer market.
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·
The market number available for – 2023-2031
·
Base year- 2023
·
Forecast period- 2024-2031
Segment Covered- by type,by application, and by end-user
industry
Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape- are PPG Industries, Seiko Epson Corporation,
Agfa-Gevaert Group, Nan Ya Plastics Corporation, Yupo Corporation,
American Profol Inc., Cosmos Films, Dupont, Hop Industries Corporation, Arjobex
Sas, S.b Enterprises, and others.
Synthetic Paper Market– Segmentation
By Type
·
High-Density Polyethylene (HDPE)
·
Biaxially Oriented Polypropylene (BOPP)
·
Others (PET and PVC)
By Application
·
Labelling and Tags
·
Printing
·
Paper Bag
·
Others
By End-User
Industry
·
Industrial
·
Institutional
·
Others (Commercial and Retail)
A full Report of Synthetic Paper Market is Available @ https://www.omrglobal.com/industry-reports/synthetic-paper-market
Synthetic Paper Market
by Region
North America
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
•
Latin America
•
Middle East and Africa
Company Profiles
• American
profol inc.
• Arjobex
SAS
• Azbil
Corp.
• China
Leowong Industry Co. Ltd.
• Cosmo
films
• Dupont
Inc.
• Etec
Creation Co. Ltd.
• Fspg
hi-tech co. Ltd
• Haiyan
Huada Ink Chemical Co. Ltd.
• Hop
Industries Corp.
• MDV
Papier UND Kunststoffveredelung GmbH
• Nan
Ya Plastics Corp.
• Ningbo
Huikai Stationary Co. Ltd.
• Relyco
Sales, Inc.
• S.B.
Enterprises
• Seiko
Epson Corp.
• .Shenzhen
FAXIN ZHONGXIN STICKINESS CO. LTD.
• Transilwrap
Co., Inc.
• Yupo
Corp.
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15 major industries, further segmented into more than 90 sectors.
2. More than 120
countries are for analysis.
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data sources mined for investigation.
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research analysts answer all your questions before and after purchasing your
report.
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