Global Synthetic Paper Market to be Worth $335.0 Million by 2019
FORT WORTH, Texas, June 24, 2015 /PRNewswire/ --
According to the new Market Research Report "Global Synthetic Paper Market by Product Type (BOPP, HDPE & Others) by Application (Label & Non-Label) by Geography - Analysis & Forecast to 2019", The global synthetic paper market was valued at $234.2 million in 2014, and is projected to reach $335.0 million by 2019, at a CAGR of 7.4% from 2014 to 2019.
Browse through the TOC of Global Synthetic Paper Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
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Synthetic paper is an eco-friendly substitute for traditional cellulose paper. It is manufactured from synthetic resins that are derived from petroleum products. Synthetic paper is a film produced by extrusion, which mainly contains high amount of fillers. It has an opaque, white paper like appearance. Synthetic paper has all characteristics of natural paper made from wood pulp. It is not only printable and writable but also has characteristics, such as high tear resistance, increased durability, high stiffness, and good slip and antistatic properties.
Incessant rise in demand of synthetic paper among varied end user applications and stringent environmental laws are factors influencing the overall consumption of synthetic paper.
The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of synthetic paper to match the upcoming demands of synthetic paper arising from various end-user industries.
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Key Players of the Global Synthetic Paper Market include:
Nan Ya Plastics Corporation (Taiwan), Yupo Corporation (Japan), PPG Industries (U.S.), Arjobex (U.S.), DuPont (U.S.), Hop Industries Corporation (U.S.), and American Profol Inc. (U.S.).
The synthetic paper demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, expansions, agreements, and mergers & acquisitions of leading companies thriving in the global synthetic paper market.
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