Global Synthetic Paper Market Is Expected to Reach Usd 338 Million by 2020

Transparency Market

Research

Synthetic Paper Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast, 2014 – 2020

Published Date

28-08-2014

80 Page Report

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Press Release

Global Synthetic Paper Market to Reach US$338 mn by 2020,

Gains Momentum from Rising Usage in Tags and Label

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Synthetic Paper Market

REPORT DESCRIPTION

Transparency Market Research (TMR) has recently published a study on the global synthetic paper market,

projecting the market to rise at a CAGR of 7.0% during the period from 2014 to 2020 and increase from a

total value of US$212.7 mn in 2013 to an estimated value of US$338 mn by the end of the forecast

period.The research report, titled “Synthetic Paper Market - Global Industry Analysis, Size, Share, Growth,

Trends and Forecast, 2014 - 2020,” further states that in 2013, the total volume produced in this market

was 105.3 kilo tons.

Synthetic papers are paper-like films made up of plastic or synthetic resins and contain the characteristics

of both paper and plastic. Mostly, these papers exhibit chemical resistance as well as good printability, but

in certain cases they are heat-proof and tear resistant too. However, the feel, appearance, and the opacity

of a synthetic paper are similar to any normal paper. The increasing usage of synthetic paper in tags and

labels, owing to its durability, has boosted the global market for synthetic paper significantly.

The report studies the global synthetic paper market on the basis of product, application, and the regional

spread of this market. Based on the product, the market is classified into high-density polyethylene

(HDPE), biaxially oriented polypropylene (BOPP), and other products such as polystyrene and polyesters.

The BOPP segment led...