[Feb, 2019] The global synthetic paper market size is expected to reach USD 1.39 billion by 2025. It is projected to expand at a CAGR of 7.1% during the forecast period. Growing demand for eco-friendly and energy-efficient products is expected to boost the product demand over the forecast period.
Folding cartons and blister packaging are some of the niche applications of the product and are expected to witness significant growth over the forecast period on account of high safety levels of packaging and pilferage resistance. Furthermore, the high quality of print on the surface is likely to propel the product demand in non-label applications.
Synthetic paper is widely used in a wide range of map applications including tourism guides, military, fishing, and mountain climbing. These maps can be easily folded for filing and storage. The properties of the products including spill-resistance, tear-resistance, lightweight, and flexibility are projected to positively impact growth of the synthetic paper market over the forecast period.
Manufacturers are engaged in utilizing polyester-based films for developing products such as nameplates, luggage tags, restaurant menus, pricing placards, ID cards, and door hangers. However, the polypropylene-based synthetic paper is estimated to remain dominant owing to its advantages such as good chemical resistance, flexibility, recyclability, and low cost.
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Further key findings from the report suggest:
• High-Density Polyethylene is expected to witness a CAGR of 7.7% on account of the product attributes such as economical, high impact strength, moisture resistance, chemical resistance, and easy processing ability enabling its use in numerous applications
• The consumption of the product in non-label application is likely to register a CAGR of 6.8% owing to the increased marketing activities undertaken by various companies to make banners, advertisements, and pamphlets to sustain competition
• The high demand for the product from Asia Pacific is attributed to growing end-user industries including cosmetics, chemicals, and food and beverage due to the improved lifestyle and increasing disposable income of the working class population in the emerging economies
• The product demand from Europe is expected to witness a CAGR of 5.6% on account of the increasing consumption of packaged foods attributed to rising working population
• Major players operating in the synthetic paper market focus on entering into long-term supply agreements for film and chemicals with selected business partners, for obtaining a competitive edge.
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Table of Contents:
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market snapshot
2.1. Market snapshot
Chapter 3. Market Variables, Trends, and Scope
3.1. Synthetic paper - Market segmentation & scope
3.2. Synthetic paper - Value chain analysis
3.3. Synthetic paper - Raw material trend
3.3.1. Polyethylene
3.3.2. Polypropylene
3.1. Synthetic paper - Market segmentation & scope
3.2. Synthetic paper - Value chain analysis
3.3. Synthetic paper - Raw material trend
3.3.1. Polyethylene
3.3.2. Polypropylene
Chapter 4. Synthetic Paper Market: Product Estimates & Trend Analysis
4.1. Synthetic paper market: Product movement analysis, 2017 & 2025
4.2. BOPP
4.2.1. Market estimates & forecasts, 2014 - 2025 (Tons) (USD Million)
4.3. HDPE
4.3.1. Market estimates & forecasts, 2014 - 2025 (Tons) (USD Million)
4.4. PET
4.4.1. Market estimates & forecasts, 2014 - 2025 (Tons) (USD Million)
4.5. Others
4.5.1. Market estimates & forecasts, 2014 - 2025 (Tons) (USD Million)
4.1. Synthetic paper market: Product movement analysis, 2017 & 2025
4.2. BOPP
4.2.1. Market estimates & forecasts, 2014 - 2025 (Tons) (USD Million)
4.3. HDPE
4.3.1. Market estimates & forecasts, 2014 - 2025 (Tons) (USD Million)
4.4. PET
4.4.1. Market estimates & forecasts, 2014 - 2025 (Tons) (USD Million)
4.5. Others
4.5.1. Market estimates & forecasts, 2014 - 2025 (Tons) (USD Million)
Continued...
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Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street, Suite 3036, San Francisco, CA 94105, United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com
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