Synthetic Paper Market by Raw Material (BOPP, HDPE), Application (Labels, Printing, and Paper Bags), End-Use Industry (Packaging, Paper), Region (North America, Europe, APAC, South America, Middle East & Africa) - Global Forecast to 2024
[134 Pages Report] 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. Rising environmental concerns due to the use of wood pulp for the manufacture of paper, 100% recyclability, and rising applications for printing, and paper bags are expected to drive the Synthetic Paper Products Market. Growing demand from the Asia Pacific region from end-use industries, such as paper and paper bags is also expected to fuel the demand for Global Synthetic Paper Market.
Based on raw material, the BOPP segment is projected to lead the global market during the forecast period
The BOPP segment is projected to lead the synthetic paper market during the forecast period, owing to increasing demand for frozen food, packaging and labeling, business cards, calendars, book covers, newspapers, maps, and garments, among others. BOPP synthetic paper is widely used by various end-use industries due to enhanced properties, such as heat stability, water resistance, fatigue resistance, high tensile strength, and ease of printing. There is increased demand for synthetic paper from the Asia Pacific, North America, and Europe regions, owing to increasing applications in various end-use industries, such as paper, packaging, and others.
Based on end-use industry, the paper segment is expected to lead the synthetic paper products market uring the forecast period
Based on end-use industry, the paper segment led the synthetic paper market in 2018, owing to its enhanced properties which outperform the properties of pulp paper, such as 100% recyclability, moisture resistance, tear resistance, UV resistance, and durability. The use of synthetic paper is comparatively greater in the paper industry than in any other sector. Increase in demand for durable tear-resistant, and excellent weathering properties for outdoor advertising by way of commercial prints, banners, signs, window displays, public relations, and media & entertainment, among others has triggered demand in this industry.
Asia Pacific is projected to lead the synthetic paper market during the forecast period
The Asia Pacific region is estimated to lead the market in 2019 and is also projected to grow at a high CAGR during the forecast period, owing to the increasing demand for synthetic paper from China, Japan, and India. High demand from end-use industries, such as paper, packaging, food & beverages, cosmetics, pharmaceuticals, chemicals, and manufacturing is driving the growth of the synthetic paper products market in these countries. Continuous industrialization and innovation in paper technology, and awareness regarding the printability of synthetic paper is leading to the increasing consumption of synthetic paper.
Key Market Players
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 are the major players in the global synthetic paper market. These players have been focusing on developmental strategies, such as contracts, mergers & acquisitions, expansions, and divestments which have helped them expand their businesses in untapped and potential markets. They have also been adopting various organic and inorganic growth strategies, such as new product developments, acquisitions, and expansions, to enhance their current positions in the market.
Scope of the Report:
|
Report Metric |
Details |
|
Market size available for years |
20172024 |
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Base year considered |
2018 |
|
Forecast period |
20192024 |
|
Forecast units |
Value (USD) |
|
Segments covered |
Raw Material, Application, End-use Industry, and Region |
|
Regions covered |
Asia Pacific, North America, Europe, Middle East & Africa, and South America |
|
Companies covered |
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 |
This report categorizes the global synthetic paper market ased on raw material, application, end-use industry, and region.
On the basis of raw material, the synthetic paper market is segmented as follows
- BOPP
- HDPE
- Others (PVC and PET)
On the basis of application, the synthetic paper market is segmented as follows:
- Labels
- Printing
- Paper Bags
On the basis of end-use industry, the synthetic paper market is segmented as follows
- Paper
- Packaging
- Others (Pharmaceuticals, Food & Beverages, Cosmetics, and Horticulture)
On the basis of region, the synthetic paper market is segmented as follows:
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
Recent Developments
- In January 2019, the Agfa-Gevaert Group and Fujitex Co., Ltd. signed an agreement for the distribution of synthetic paper under the trade name, SYNAPS. The agreement includes the distribution of SYNAPS XM products, as Fujittex has a strong hold on the printer market.
- In June 2019, Yupo Corporation developed its new synthetic paper which is manufactured from biodegradable plastic resin, and is used for the labels application. This YUPO Green Synthetic paper is made from sugarcane bagasse which is a substitute for conventional crude oil-based paper. This development was an initiative from Yupo Corporation which was undertaken with reference to the goal of sustainable development of the organization and to produce environment-friendly products.
- In April 2017, Cosmo Films Ltd launched BOPP-based universal printable coated synthetic paper which is suitable for the available printing technologies, which include wet & UV offset, wet & UV flexo, letterpress, screen, thermal transfer, and most of the digital toner technologies. This synthetic paper can be used for commercial printing, tags & labels, retail & packaging, identification & credentials, and outdoor applications. This new product was launched with consideration for lowering the inventory carrying cost.
Key questions addressed by the report
- What are the future revenue pockets in the synthetic paper market?
- Which key developments are expected to have a long-term impact on the global synthetic paper market?
- Which products, equipment, and processes are expected to cannibalize existing markets?
- How is the current regulatory framework expected to impact the market?
- What will be the future product mix of the synthetic paper products market?
- What are the prime strategies of leaders in the synthetic paper market?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 18)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders
2 Research Methodology (Page No. - 21)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions and Limitations
2.4.1 Assumptions and Limitations
3 Executive Summary (Page No. - 28)
4 Premium Insights (Page No. - 30)
4.1 Attractive Opportunities in the Synthetic Paper Market
4.2 Synthetic Paper Market, By Raw Material
4.3 Synthetic Paper Market, By Application and End-Use Industry
5 Market Overview (Page No. - 32)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Eco-Friendliness of Synthetic Paper
5.2.1.2 Wide Application Areas of Synthetic Paper
5.2.2 Restraints
5.2.2.1 Higher Cost of Synthetic Paper as Compared to Pulp Paper
5.2.2.2 Limited Availability of Plastic Materials for Synthetic Paper
5.2.3 Opportunities
5.2.3.1 Increasing Concerns Over Environmental Pollution Caused By Using Pulp Paper
5.2.4 Challenges
5.2.4.1 Volatility in the Prices of Crude Oil
5.3 Porters Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
6 Synthetic Paper Market, By Raw Material (Page No. - 38)
6.1 Introduction
6.2 BOPP
6.2.1 BOPP is the Widely Used Material of the Synthetic Paper Market
6.3 HDPE
6.3.1 Excellent Bonding and Temper Evident Properties are Driving the Market of Synthetic Paper
6.4 Others
6.4.1 Increasing Application Areas are Driving the Growth of Other Raw Materials
7 Synthetic Paper Market, By Application (Page No. - 43)
7.1 Introduction
7.2 Labels
7.2.1 Increasing Demand From End Use Industries Such as Food & Beverages and Manufacturing are Driving the Growth of Labels Segment
7.3 Printing
7.3.1 Printing is the Largest and Fastest Growing Application Segment of the Market
7.4 Paper Bags
7.4.1 Increasing Demand From Outdoor Application is Driving the Growth of Paper Bags in the Market
8 Synthetic Paper Market, By End-Use Industry (Page No. - 48)
8.1 Introduction
8.2 Packaging
8.2.1 Increasing Demand for the Packaging of Food and Non-Food Items are Driving the Growth of the Packaging Industry
8.3 Paper
8.3.1 Paper Industry is the Largest and Fastest Growing Industry, Owing to the Increase in Demand From Printing Applications of the Market
8.4 Others
8.4.1 Increasing Demand of Labels in Other End-Use Industry is Driving the Growth of Market
9 Regional Analysis (Page No. - 53)
9.1 Introduction
9.2 North America
9.2.1 US
9.2.1.1 the US is Projected to Lead the North American Market During the Forecast Period
9.2.2 Canada
9.2.2.1 Increasing Demand for Durable Substrate for Outdoor Applications is Expected to Drive the Market in Canada
9.2.3 Mexico
9.2.3.1 Growth of the Paper and Packaging Industries is Expected to Drive the Market in Mexico
9.3 Asia Pacific
9.3.1 China
9.3.1.1 China is Projected to Lead the Global Market in the Asia Pacific Region During the Forecast Period
9.3.2 Japan
9.3.2.1 Presence of Leading Players in the Country is Expected to Drive the Market in Japan During the Forecast Period
9.3.3 South Korea
9.3.3.1 Increasing Use of Synthetic Paper in the Packaging Industry is Projected to Drive the Market in South Korea
9.3.4 Taiwan
9.3.4.1 The High Growth of Various Industries is Expected to Drive the Market in Taiwan During the Forecast Period
9.3.5 India
9.3.5.1 Growth of Paper and Packaging Industries is Fueling the Market in India
9.3.6 Rest of Asia Pacific
9.3.6.1 Increasing Government Initiatives for Green Technology is A Major Driving Factor Expected to Drive the Market in Rest of Asia Pacific
9.4 Europe
9.4.1 Germany
9.4.1.1 Increase in Demand for Printing and Paper-Related Technologies is Expected to Drive the Market in Germany
9.4.2 UK
9.4.2.1 Increase in the Consumption of Packaged Food is Projected to Fuel the Market in the UK
9.4.3 France
9.4.3.1 Increasing Applications Such as Printing and Labeling in Various End-Use Industries are Expected to Drive the Market in France
9.4.4 Italy
9.4.4.1 Increasing Use of Synthetic Paper in Food Processing and Chemical Industries is Expected to Drive the Market for Synthetic Paper in Italy
9.4.5 Russia
9.4.5.1 Increasing Demand for Consumption of on the Go Food Products is Expected to Drive the Growth of the Market in Russia
9.4.6 Spain
9.4.6.1 Growth of the Packaging Industry is Projected to Drive the Market in Spain
9.4.7 Rest of Europe
9.4.7.1 Growing Investments From Various Countries and Initiatives Taken By Governments to Reduce Deforestation are Projected to Boost the Market in the Rest of Europe
9.5 Middle East & Africa
9.5.1 UAE
9.5.1.1 The Substantial Growth of Printing Applications is Expected to Fuel the Market for Synthetic Paper in the UAE
9.5.2 Saudi Arabia
9.5.2.1 Availability of Raw Materials is the Major Driver for the Saudi Arabia Market
9.5.3 South Africa
9.5.3.1 Investments in the Manufacturing Sector are Expected to Drive the South Africa Market
9.5.4 Rest of Middle East & Africa
9.5.4.1 Increasing Printing Application is Expected to Drive the Market in the Rest of the Middle East & Africa
9.6 South America
9.6.1 Brazil
9.6.1.1 The Growing Need for Paper By Consumers is Expected to Drive the Market in Brazil During the Forecast Period
9.6.2 Argentina
9.6.2.1 Growth of End-Use Industries is Fueling the Market in Argentina
9.6.3 Rest of South America
9.6.3.1 Increasing Demand for Printing Application in the Region is Expected to Drive the South America Market
10 Competitive Landscape (Page No. - 89)
10.1 Introduction
10.1.1 Visionaries
10.1.2 Innovators
10.1.3 Dynamic Differentiators
10.1.4 Emerging Companies
10.2 Ranking of Key Market Players in the Synthetic Paper Market
11 Company Profiles (Page No. - 91)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 NAN Ya Plastics Corporation
11.2 PPG Industries, Inc
11.3 Seiko Epson Corporation
11.4 Agfa-Gevaert Group
11.5 Yupo Corporation
11.6 Arjobex Sas
11.7 American Profol Inc.
11.8 HOP Industries Corporation
11.9 Relyco Sales, Inc.
11.10 Transilwrap Company, Inc.
11.11 MDV Papier- Und Kunststoffveredelung Gmbh
11.12 Cosmo Films Ltd
11.13 Neenah Inc
11.14 Toyobo Co. Ltd.
11.15 Hwaseung Industries Co., Ltd.
11.16 Innovia Films
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
11.17 Other Key Players
11.17.1 Valeron Strength Films
11.17.2 Aluminium Fιron Gmbh & Co. Kg
11.17.3 Huanyuan Plastic Film Co., Ltd
11.17.4 Tamerica Products Inc.
11.17.5 Ruian Rifo Packaging Material Co., Ltd.
11.17.6 Kaveri Metallising & Coating Industries Pvt. Ltd.
11.17.7 Shijiazhuang Dadao Packaging Materials Co.Ltd
11.17.8 Elastin International Corp.
11.17.9 Masterpiece Graphix
12 Appendix (Page No. - 126)
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets Subscription Portal
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details
List of Tables (128 Tables)
Table 1 Synthetic Paper Market, By Raw Material, 20192024 (USD Million)
Table 2 Synthetic Paper Products Market, By Raw Material, 20192024 (Kilotons)
Table 3 BOPP Market, By Region, 20192024 (USD Million)
Table 4 BOPP Global Synthetic Paper Market, By Region, 20192024 (Kilotons)
Table 5 HDPE Market, By Region, 20192024 (USD Million)
Table 6 HDPE Synthetic Paper Products Market, By Region, 20192024 (Kilotons)
Table 7 Others Synthetic Paper Market, By Region, 20192024 (USD Million)
Table 8 Others Market, By Region, 20192024 (Kilotons)
Table 9 Market, By Application, 20192024 (USD Million)
Table 10 Synthetic Paper Products Market, By Application, 20192024 (Kilotons)
Table 11 Market in Labels, By Region, 20192024 (USD Million)
Table 12 Global Synthetic Paper Market in Labels, By Region, 20192024 (Kilotons)
Table 13 Market in Printing, By Region, 20192024 (USD Million)
Table 14 Synthetic Paper Products Market in Printing, By Region, 20192024 (Kilotons)
Table 15 Market in Paper Bags, By Region, 20192024 (USD Million)
Table 16 Global Synthetic Paper Market in Paper Bags, By Region, 20192024 (Kilotons)
Table 17 Market, By End-Use Industry, 20192024 (USD Million)
Table 18 Synthetic Paper Products Market, By End-Use Industry, 20192024 (Kilotons)
Table 19 Market for Packaging Industry, By Region, 20192024 (USD Million)
Table 20 Global Synthetic Paper Market for Packaging Industry, By Region, 20192024 (Kilotons)
Table 21 Market for Paper Industry, By Region, 20192024 (USD Million)
Table 22 Synthetic Paper Products Market for Paper Industry, By Region, 20192024 (Kilotons)
Table 23 Market for Other Industries, By Region, 20192024 (Kilotons)
Table 24 Global Synthetic Paper Market for Others Industry, By Region, 20192024 (Kilotons)
Table 25 Market, By Region, 20172024 (USD Million)
Table 26 Synthetic Paper Products Market, By Region, 20172024 (Kilotons)
Table 27 North America Synthetic Paper Market, By Country, 20172024 (USD Million)
Table 28 North America Global Synthetic Paper Market, By Country, 20172024 (Kilotons)
Table 29 North America Synthetic Paper Products Market, By Raw Material, 20172024 (USD Million)
Table 30 North America Market, By Raw Material, 20172024 (Kilotons)
Table 31 North America Market, By Application, 20172024 (USD Million)
Table 32 North America Market, By Application, 20172024 (Kilotons)
Table 33 North America Market, By End Use Industry, 20172024 (USD Million)
Table 34 North America Market, By End Use Industry, 20172024 (Kilotons)
Table 35 US Market, By End-Use Industry, 20172024 (USD Million)
Table 36 US Market, By End-Use Industry, 20172024 (Kilotons)
Table 37 Canada Market, By End-Use Industry, 20172024 (USD Million)
Table 38 Canada Market, By End-Use Industry, 20172024 (Kilotons)
Table 39 Mexico Market, By End-Use Industry, 20172024 (USD Million)
Table 40 Mexico Market, By End-Use Industry, 20172024 (Kilotons)
Table 41 Asia Pacific Synthetic Paper Market, By Country, 20172024 (USD Million)
Table 42 Asia Pacific Global Synthetic Paper Market, By Country, 20172024 (Kilotons)
Table 43 Asia Pacific Synthetic Paper Products Market, By Raw Material, 20172024 (USD Million)
Table 44 Asia Pacific Market, By Raw Material, 20172024 (Kilotons)
Table 45 Asia Pacific Market, By Application, 20182024 (USD Million)
Table 46 Asia Pacific Market, By Application, 20172024 (Kilotons)
Table 47 Asia Pacific Market, By End-Use Industry, 20172024 (USD Million)
Table 48 Asia Pacific Market, By End-Use Industry, 20172024 (Kilotons)
Table 49 China Market, By End-Use Industry, 20172024 (USD Million)
Table 50 China Market, By End-Use Industry, 20172024 (Kilotons)
Table 51 Japan Market, By End-Use Industry, 20172024 (USD Million)
Table 52 Japan Market, By End-Use Industry, 20172024 (Kilotons)
Table 53 South Korea Market, By End-Use Industry, 20172024 (USD Million)
Table 54 South Korea Market, By End-Use Industry, 20172024 (Kilotons)
Table 55 Taiwan Market, By End-Use Industry, 20172024 (USD Million)
Table 56 Taiwan Market, By End-Use Industry, 20172024 (Kilotons)
Table 57 India Market, By End-Use Industry, 20172024 (USD Million)
Table 58 India Market, By End-Use Industry, 20172024 (Kilotons)
Table 59 Rest of Asia Pacific Market, By End-Use Industry, 20172024 (USD Million)
Table 60 Rest of Asia Pacific Market, By End-Use Industry, 20172024 (Kilotons)
Table 61 Europe Synthetic Paper Market, By Country, 20172024 (USD Million)
Table 62 Europe Global Synthetic Paper Market, By Country, 20172024 (Kilotons)
Table 63 Europe Synthetic Paper Products Market, By Raw Material, 20172024 (USD Million)
Table 64 Europe Market, By Raw Material, 20172024 (Kilotons)
Table 65 Europe Market, By Application, 20172024 (USD Million)
Table 66 Europe Market, By Application, 20172024 (Kilotons)
Table 67 Europe Market, By End-Use Industry, 20172024 (USD Million)
Table 68 Europe Market, End-Use Industry, 20172024 (Kilotons)
Table 69 Germany Market, By End-Use Industry, 20172024 (USD Million)
Table 70 Germany Market, By End-Use Industry, 20172024 (Kilotons)
Table 71 UK Market, By End-Use Industry, 20172024 (USD Million)
Table 72 UK Market, By End-Use Industry, 20172024 (Kilotons)
Table 73 France Market, By End-Use Industry, 20172024 (USD Million)
Table 74 France Market, By End-Use Industry, 20172024 (Kilotons)
Table 75 Italy Market, By End-Use Industry, 20172024 (USD Million)
Table 76 Italy Market, By End-Use Industry, 20172024 (Kilotons)
Table 77 Russia Market, By End-Use Industry, 20172024 (USD Million)
Table 78 Russia Market, By End-Use Industry, 20172024 (Kilotons)
Table 79 Spain Market, By End-Use Industry, 20172024 (USD Million)
Table 80 Spain Market, By End-Use Industry, 20172024 (Kilotons)
Table 81 Rest of Europe Market, By End-Use Industry, 20172024 (USD Million)
Table 82 Rest of Europe Market, By End-Use Industry, 20172024 (Kilotons)
Table 83 Middle East & Africa Synthetic Paper Market, By Country, 20172024 (USD Million)
Table 84 Middle East & Africa Global Synthetic Paper Market, By Country, 2017-2024 (Kilotons)
Table 85 Middle East & Africa Synthetic Paper Products Market, By Raw Material, 20172024 (USD Million)
Table 86 Middle East & Africa Market, By Raw Material, 20172024 (Kilotons)
Table 87 Middle East & Africa Market, By Application, 20172024 (USD Million)
Table 88 Middle East & Africa Market, By Application, 20172024 (Kilotons)
Table 89 Middle East & Africa Market, By End-Use Industry, 20172024 (USD Million)
Table 90 Middle East & Africa Market, By End-Use Industry, 20172024 (Kilotons)
Table 91 UAE Market, By End-Use Industry, 20172024 (USD Million)
Table 92 UAE Market, By End-Use Industry, 20172024 (Kilotons)
Table 93 Saudi Arabia er Market, By End-Use Industry, 20172024 (USD Million)
Table 94 Saudi Arabia Market, By End-Use Industry, 20172024 (Kilotons)
Table 95 South Africa Market, By End-Use Industry, 20172024 (USD Million)
Table 96 South Africa Market, By End-Use Industry, 20172024 (Kilotons)
Table 97 Rest of the Middle East & Africa Market, By End-Use Industry, 20172024 (USD Million)
Table 98 Rest of the Middle East & Africa Market, By End-Use Industry, 20172024 (Kilotons)
Table 99 South America Synthetic Paper Market, By Country, 20172024 (USD Million)
Table 100 South America Global Synthetic Paper Market, By Country, 20172024 (Kilotons)
Table 101 South America Synthetic Paper Products Market, By Raw Material, 20172024 (USD Million)
Table 102 South America Market, By Raw Material, 20172024 (Kilotons)
Table 103 South America aper Market, By Application, 20172024 (USD Million)
Table 104 South America Market, By Application, 20172024 (Kilotons)
Table 105 South America Market, By End-Use Industry, 20172024 (USD Million)
Table 106 South America Market, By End-Use Industry, 20172024 (Kilotons)
Table 107 Brazil Market, By End-Use Industry, 20172024 (USD Million)
Table 108 Brazil Market, By End-Use Industry, 20172024 (Kilotons)
Table 109 Argentina Market, By End-Use Industry, 20172024 (USD Million)
Table 110 Argentina Market, By End-Use Industry, 20172024 (Kilotons)
Table 111 Rest of South America Market, By End-Use Industry, 20172024 (USD Million)
Table 112 Rest of South America Market, By End-Use Industry, 20172024 (Kilotons)
Table 113 NAN Ya Plastics Corporation: Products and their Description
Table 114 PPG Industries, Inc.: Products and their Description
Table 115 Seiko Epson Corporation: Products and their Description
Table 116 Agfa-Gevaert Group: Products and their Description
Table 117 Yupo Corporation: Products and their Description
Table 118 Arjobex Sas: Products and their Description
Table 119 American Profol Inc: Products and their Descriptions
Table 120 HOP Industries Corporation: Products and their Descriptions
Table 121 Relyco Sales, Inc: Products and their Descriptions
Table 122 Transilwrap Company, Inc.: Products and their Descriptions
Table 123 MDV Papier: Products and their Description
Table 124 Cosmo Films Ltd: Products and their Description
Table 125 Neenah Inc: Products and their Description
Table 126 Toyobo Co. Ltd: Products and their Description
Table 127 Hwaseung Industries Co., Ltd.: Products and their Description
Table 128 Innovia Films: Products and their Description
List of Figures (40 Figures)
Figure 1 Synthetic Paper Market Segmentation
Figure 2 Global Synthetic Paper Market: Research Design
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Synthetic Paper Products Market: Data Triangulation
Figure 6 Printing Segment is Expected to Lead the Market From 2019 to 2024
Figure 7 The Asia Pacific Region is Projected to Lead the Market From 2019 to 2024
Figure 8 Asia Pacific Market to Witness the Highest Growth Rate During the Forecast Period
Figure 9 BOPP to Be the Largest and Fastest-Growing Raw Material Segment During the Forecast Period
Figure 10 Paper End-Use Industry Segment to Account for the Largest Market Share in 2019, in Terms of Volume
Figure 11 Stringent Implementation of Various Environmental Regulations to Fuel Growth of the Market From 2019 to 2024
Figure 12 Porters Five Forces Analysis
Figure 13 Market, By Raw Material, 2019 to 2024 (USD Million)
Figure 14 Global Synthetic Paper Market, By Application, 2019 & 2024 (USD Million)
Figure 15 Synthetic Paper Products Market, By End-Use Industry, 2019 & 2024 (USD Million)
Figure 16 Asia Pacific is Projected to Be the Fastest-Growing Market for Market During the Forecast Period
Figure 17 North America Market Snapshot
Figure 18 Asia Pacific Market Snapshot
Figure 19 Europe Market Snapshot
Figure 20 Middle East & Africa Market Snapshot
Figure 21 South America Market Snapshot
Figure 22 Dive Chart
Figure 23 NAN Ya Plastics Corporation: Company Snapshot
Figure 24 NAN Ya Plastics Corporation: SWOT Analysis
Figure 25 PPG Industries, Inc.: Company Snapshot
Figure 26 PPG Industries, Inc.: SWOT Analysis
Figure 27 Seiko Epson Corporation: Company Snapshot
Figure 28 Seiko Epson Corporation: SWOT Analysis
Figure 29 Agfa-Gevaert Group: Company Snapshot
Figure 30 Agfa-Gevaert Group: SWOT Analysis
Figure 31 Yupo Corporation: SWOT Analysis
Figure 32 Transilwrap Company, Inc.: SWOT Analysis
Figure 33 Cosmo Films Ltd: Company Snapshot
Figure 34 Cosmo Films Ltd: SWOT Analysis
Figure 35 Neenah Inc.: Company Snapshot
Figure 36 Neenah Inc.: SWOT Analysis
Figure 37 Toyobo Co. Ltd.: Company Snapshot
Figure 38 Toyobo Co. Ltd.: SWOT Analysis
Figure 39 Hwaseung Industries Co., Ltd.: SWOT Analysis
Figure 40 Innovia Films: SWOT Analysis
The study involved 4 major activities in estimating the current market size for synthetic paper. Exhaustive secondary research was carried out to collect information on the market, peer markets, and the parent market. The next step was to validate the findings collected from secondary sources, assumptions, and sizing with industry experts across the value chain through primary research. Both, the top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, sources, such as D&B Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet, were referred to for identifying and collecting information for this study. Other secondary sources included annual reports, press releases & investor presentations of companies, whitepapers, certified publications, articles by recognized authors, gold standard & silver standard websites, associations, regulatory bodies, trade directories, and databases.
Primary Research
The synthetic paper market comprises stakeholders, such as raw material suppliers, end product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by developments in the paper, packaging, and other end-use industries. The supply side is characterized by market consolidation activities undertaken by synthetic paper manufacturers. Several primary sources from both, the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation:
Both, the top-down and bottom-up approaches were used to estimate and validate the total size of the synthetic paper market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size included the following:
- Key players in the industry and markets were identified through extensive secondary research.
- The industrys supply chain and market size, in terms of value, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Data Triangulation:
After arriving at the overall market size-using the market size estimation process explained above-the market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both, the demand and supply sides.
Report Objectives:
- To analyze and forecast the size of the synthetic paper market in terms of value and volume
- To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
- To define, describe, and forecast the market by raw material, application, and end-use industry
- To forecast the size of the market in North America, Europe, Asia Pacific, Middle East & Africa, and South America, along with key countries in each region
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and their contribution to the market
- To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market
- To analyze competitive developments, such as acquisitions, new product launches, and expansions in the market
- To strategically profile the key players and comprehensively analyze their market share and core competencies
Available Customizations
Along with the market data, MarketsandMarkets offers customizations according to the specific needs of companies. The following customization options are available for the report:
Regional Analysis
- A further breakdown of the regional synthetic paper market to the country level by process
Country Information
- Regional market split by major countries
Company Information
- Detailed analysis and profiles of additional market players (up to 5)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Synthetic Paper Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Synthetic Paper Market