The global synthetic paper market totaled 250 million pounds in 2014, and is expected to reach 267 million pounds in 2015 and 370 million pounds by 2020, a compound annual growth rate (CAGR) of 6.7% from 2015 to 2020.
The term synthetic paper has not been universally defined because it is basically an opaque plastic film that is both printable and writeable. Most synthetic papers are either biaxially oriented polypropylene (BOPP) or high-density polyethylene (HDPE), although there are sizable amounts made from polyesters and fewer from polystyrene and PVC.
Although the market has gone beyond its original intentions, this report will include those products which producers, converters and distributors market as synthetic paper even though, in many instances, it replaces a non-fiber based paper product such as plastic films. Actually, the distinction between synthetic paper and white opaque printable films has not yet been resolved.
This report will also describe various polymer films used to produce synthetic paper; fillers and coatings used in manufacturing; printing processes used; new technologies; applications; detailed discussions of major players and their respective products, industry structure, pricing, market estimates and forecasts by major application and other critical aspects of the market.
It is essential to understand, in regard to market estimates and forecasts in this report, that food/beverage packaging labels have been excluded for several reasons. First, their large volume of plastic films (hundreds of millions of pounds) would distort the basic synthetic paper market, and secondly, most of those in the industry feel that this market segment lies outside the general definition of synthetic paper.
We have used the concept that, if a company states that their product is a synthetic paper, it has been included in the study. Detractors in these instances claim the product in question is a printable plastic film.
All values shown are rounded to the nearest whole number.
Research analyst Mel Schlechter has more than 40 years of experience in the chemical industry and specializes in plastics market research. He has been with BCC Research for more than a decade and holds a B.S. in chemistry, an M.S. in organic chemistry and an M.B.A. in marketing.