Synthetic Paper Market Analysis- 2027

BENGALURU, India - March 16, 2022 - PRLog -- The Global Synthetic Paper market size is projected to reach US$ 610.2 million by 2027, from US$ 345 million in 2020, at a CAGR of 8.5% during 2021-2027.

This report focuses on Synthetic Paper volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Synthetic Paper market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.

Synthetic Paper Market Share and Market Size

Synthetic paper, from its early development and historical evolution, has typically been manufactured using synthetic resin derived from petroleum as its primary material. Naturally, this has given it characteristics similar to those of plastic film, but its appearance is remarkably similar to that of regular paper made from wood pulp. In addition, many synthetic papers have properties similar to those of regular paper.

Global Synthetic Paper key players include Yupo, Nan Ya Plastics, Arjobex, Treofan Group, DowDuPont, etc. Global top five manufacturers hold a share over 85%.

Japan is the largest market, with a share over 25%, followed by North America and Asia (Ex. Japan), both have a share over 45%.

Synthetic Paper Market Segment Analysis

In terms of product, BOPP is the largest segment, with a share about 60%. And in terms of application, the largest application is Non-Label, followed by Label, etc.

The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

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