Research Industry Expert

The Synthetic Paper Market is estimated at USD 587 million in 2019, and is projected to reach USD 873 million by 2024, at a CAGR of 8.3% from 2019 to 2024. Request Report Sample @ http://bit.ly/2WI0Gwh Increasing applications in labels, printing, and paper bags are leading to the demand for synthetic paper from end-use industries. Synthetic papers are used owing to properties, such as water resistance, tear resistance, chemical resistance, and dimensional stability, among others. Major end-use industries of synthetic paper include paper, packaging, and others. Major companies operating in the synthetic paper market include Nan Ya Plastics Corporation(Taiwan), PPG Industries (US), Agfa-Gevaert Group (Belgium), Yupo Corporation (Japan), Arjobex SAS (France), American Profol (US), HOP Industries Corporation(US), Relyco Sales (US), Transilwrap Company, Inc. (US), Cosmo Films (India), Neenah Inc. (US), and Toyobo Co., Ltd (Japan), among others. Nan Ya Plastics Corpora...

The Synthetic Paper Market is estimated at USD 587 million in 2019, and is projected to reach USD 873 million by 2024, at a CAGR of 8.3% from 2019 to 2024. Request Report Sample @ http://bit.ly/2WI0Gwh The growing demand for synthetic paper from the paper, packaging, and other end-use industries is expected to drive the synthetic paper market. The key factors for the growing demand are rising environmental concerns due to use of wood pulp for the manufacture of paper, 100% recyclability, continuous advancements in packaging technology, and rising need for weatherproof and durable printed paper suitable for outdoor applications. The growing demand for biodegradable eco-friendly synthetic paper is leading to the growth of the synthetic paper market. For instance, Yupo Corporation has introduced its new product, Yupo Green, which can be decomposed without the need for dumping it into landfills. Based on raw material, the BOPP segment is projected to be the fast...