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

Transparency Market
Research
Synthetic Paper Market - Global Industry Analysis,
Size, Share, Growth, and Forecast, 2014 - 2020
Published Date
28-Aug-2014

80 Page Report

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Press Release

Global Synthetic Paper Market is expected to Reach USD 338
million by 2020: TMR

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Synthetic Paper Market

REPORT DESCRIPTION

Synthetic Paper Market (Biaxially Oriented Polypropylene (BOPP),
High Density Polyethylene (HDPE) and Others) for Label and NonLabel Applications - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2014 - 2020
Transparency Market Research has released a new market report titled “Synthetic Paper Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”. According to the report, the global synthetic
paper market was valued at USD 212.7 million in 2013 and is anticipated to reach USD 338 million by 2020, expanding
at a CAGR of 7.0% between 2014 and 2020. In terms of volume, the global synthetic paper market stood at 105.3 kilo
tons in 2013.
The growing demand for synthetic paper from the tag and label industry is expected to augment its market growth.
Physical characteristics such as durability and high tear resistance, along with superior chemical properties, makes
synthetic paper ideal for labeling applications over natural paper. In addition, synthetic papers exhibit excellent printing
performance that makes them suitable for a wide range of non-labeling applications. Currently, synthetic paper is used to
manufacture menu cards, maps and outdoor signs, among others. However, the volatility in raw material prices is
expected to restrain the market growth in the future. Synthetic resins are a crucial raw material for synthetic paper
manufacturing. Resin costs typically...