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...