Synthetic Paper Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type, By Raw Material, By Application, By End-User Industries, By Region, and Competition

Description

Global Synthetic Paper Market is anticipated to witness growth at an impressive CAGR during the forecast period due to increasing government policies regarding carbon emissions. Europe produced approximately 2.71 billion metric tons of carbon dioxide emissions in 2021.

Synthetic Paper is a Hybrid product manufactured using synthetic resin as its primary substrate. Naturally, its chemical nature reflects few similarities with a plastic film. Still, its outer appearance looks more like regular Paper, derived naturally, i.e., from wood pulp. Over time, the synthetic paper industry has grown, and synthetic Paper can be printable with most of the well-established technologies, which has led to the easy adoption of synthetic Paper in the printing and packaging industry. Synthetic Paper has gone towards many niche applications beyond the domain previously covered by trivial applications.

Growing Application Across a Range of Industries

The synthetic paper industry has covered many applications, and its applicability will likely be widespread across multiple sectors during the forecast period. Asia accounted for 49 percent of global paper and paper board production in 2020. Properties like Non-tear able, Water resistant, dimensionally stable, eco-friendly, etc., have made the Synthetic Paper Industry increasingly versatile with a broad spectrum of applications across various industries. The rate of retailing has doubled in the last five years, and the same trend is expected in the forecast period. More retailing will assist in the growth of packaging and labeling, leading to the development of Synthetic Paper in the market.

Increasing Public Awareness About the Environmental Impact

The increasing consumer preference for recycled and environmentally friendly packaging is one of the major factors driving the growth of the global synthetic paper market. The need for synthetic resins is rising because of the material's good characteristics, such as resistance to chemicals, oils, tears, and moisture. More companies are employing synthetic Paper, including those that produce consumer goods, transportation, medical equipment, food and beverage, and packaging. The market benefits from the growing acceptance and will elevate during the forecast period.

Synthetic Papers Having Ideal Physical Properties

Synthetic papers are inorganic and do not exploit trees or wood in their manufacturing process. Synthetic papers are made from plastics, such as polypropylene or polyolefin resin. These plastics are melted and used through the extrusion process. In 2020, approximately 127 million tons of cardboard and paper were produced in China. Synthetic papers can also be recycled and used as plastic resins in different applications.

Recent Trends, Developments, and Opportunities

MDV Group, previously known for manufacturing high-end sustainable synthetic papers and films for printing, packaging, and labeling applications, has undergone a 100 percent acquisition in December 2020 by France headquartered specialty paper manufacturer Arjobex SAS to expand its geological footprints across North America and Asia Pacific Region.

Market Segmentation

Global Synthetic Paper Market is segmented based on Type, Raw Material, Application, End-User Industries, and regional distribution. Based on Type, the market is bifurcated into Film Synthetic Paper and Fiber Synthetic Paper. Based on Raw Material, the market is divided into Biaxially oriented polypropylene (BOPP), High-Density Polyethylene (HDPE), Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC), and Others. Based on Application, the market is fragmented into Printing, Packaging, Labelling, and Others. Based on End-User Industries, the market is divided into Pharmaceuticals, Food & Beverages, Cosmetics, and Others. The market analysis also studies the regional segmentation divided among the North American, European, Asia-Pacific, South American, Middle East & African regions.

Market Players

Yupo Corporation, Hop Industries Corporation, PPG Industries, Inc., Seiko Epson Corporation, Agfa-Gevaert Group, Arjobex SAS, Toyobo Corporation Ltd., MDV-Papier-und Kunststoffveredelung GmbH, Relyco Sales, Inc. and Formosa Plastics Corporation are some of the major market players in Global Synthetic Paper Market.

Report Scope:

In this report, Global Synthetic Paper Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Polyolefins, By Type:

Film Synthetic Paper

Fiber Synthetic Paper

Polyolefins, By Raw Material:

Biaxially oriented polypropylene (BOPP)

High Density Polyethylene (HDPE)

Polyethylene Terephthalate (PET)

Polyvinyl Chloride (PVC)

Polyolefins, By Application:

Printing

Packaging

Labelling

Polyolefins, By End-User Industries

Pharmaceuticals

Food & Beverages

Cosmetics

Polyolefins, By Region:

North America

United States
Mexico
Canada

Europe

Germany
United Kingdom
France
Russia
Belgium
Spain
Italy

Asia-Pacific

China
India
Japan
Australia
South Korea

South America

Brazil
Colombia
Argentina

Middle East and Africa

UAE
Saudi Arabia
South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Synthetic Paper Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Product Code: 4004

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Synthetic Paper Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value & Volume
5.2. Market Share & Forecast
- 5.2.1. By Type (Film Synthetic Paper and Fiber Synthetic Paper)
- 5.2.2. By Raw Material (Biaxially oriented polypropylene (BOPP), High Density Polyethylene (HDPE), Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC), and Others)
- 5.2.3. By Application (Printing, Packaging, Labelling, and Others)
- 5.2.4. By End-User Industries (Pharmaceuticals, Food & Beverages, Cosmetics, and Others)
- 5.2.5. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)
- 5.2.6. By Company (2022)
5.3. Market Map
- 5.3.1. By Type
- 5.3.2. By Raw Material
- 5.3.3. By Application
- 5.3.4. By End-User Industry
- 5.3.5. By Region

6. North America Synthetic Paper Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value & Volume
6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Raw Material
- 6.2.3. By Application
- 6.2.4. By End-User Industry
- 6.2.5. By Country
6.3. Pricing Analysis
6.4. North America: Country Analysis
- 6.4.1. United States Synthetic Paper Market Outlook
  - 6.4.1.1. Market Size & Forecast
    - 6.4.1.1.1. By Value & Volume
  - 6.4.1.2. Market Share & Forecast
    - 6.4.1.2.1. By Type
    - 6.4.1.2.2. By Raw Material
    - 6.4.1.2.3. By Application
    - 6.4.1.2.4. By End-User Industry
- 6.4.2. Mexico Synthetic Paper Market Outlook
  - 6.4.2.1. Market Size & Forecast
    - 6.4.2.1.1. By Value & Volume
  - 6.4.2.2. Market Share & Forecast
    - 6.4.2.2.1. By Type
    - 6.4.2.2.2. By Raw Material
    - 6.4.2.2.3. By Application
    - 6.4.2.2.4. By End-User Industry
- 6.4.3. Canada Synthetic Paper Market Outlook
  - 6.4.3.1. Market Size & Forecast
    - 6.4.3.1.1. By Value & Volume
  - 6.4.3.2. Market Share & Forecast
    - 6.4.3.2.1. By Type
    - 6.4.3.2.2. By Raw Material
    - 6.4.3.2.3. By Application
    - 6.4.3.2.4. By End-User Industry

7. Europe Synthetic Paper Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value & Volume
7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Raw Material
- 7.2.3. By Application
- 7.2.4. By End-User Industry
- 7.2.5. By Country
7.3. Pricing Analysis
7.4. Europe: Country Analysis
- 7.4.1. Germany Synthetic Paper Market Outlook
  - 7.4.1.1. Market Size & Forecast
    - 7.4.1.1.1. By Value & Volume
  - 7.4.1.2. Market Share & Forecast
    - 7.4.1.2.1. By Type
    - 7.4.1.2.2. By Raw Material
    - 7.4.1.2.3. By Application
    - 7.4.1.2.4. By End-User Industry
- 7.4.2. United Kingdom Synthetic Paper Market Outlook
  - 7.4.2.1. Market Size & Forecast
    - 7.4.2.1.1. By Value & Volume
  - 7.4.2.2. Market Share & Forecast
    - 7.4.2.2.1. By Type
    - 7.4.2.2.2. By Raw Material
    - 7.4.2.2.3. By Application
    - 7.4.2.2.4. By End-User Industry
- 7.4.3. France Synthetic Paper Market Outlook
  - 7.4.3.1. Market Size & Forecast
    - 7.4.3.1.1. By Value & Volume
  - 7.4.3.2. Market Share & Forecast
    - 7.4.3.2.1. By Type
    - 7.4.3.2.2. By Raw Material
    - 7.4.3.2.3. By Application
    - 7.4.3.2.4. By End-User Industry
- 7.4.4. Russia Synthetic Paper Market Outlook
  - 7.4.4.1. Market Size & Forecast
    - 7.4.4.1.1. By Value & Volume
  - 7.4.4.2. Market Share & Forecast
    - 7.4.4.2.1. By Type
    - 7.4.4.2.2. By Raw Material
    - 7.4.4.2.3. By Application
    - 7.4.4.2.4. By End-User Industry
- 7.4.5. Belgium Synthetic Paper Market Outlook
  - 7.4.5.1. Market Size & Forecast
    - 7.4.5.1.1. By Value & Volume
  - 7.4.5.2. Market Share & Forecast
    - 7.4.5.2.1. By Type
    - 7.4.5.2.2. By Raw Material
    - 7.4.5.2.3. By Application
    - 7.4.5.2.4. By End-User Industry
- 7.4.6. Spain Synthetic Paper Market Outlook
  - 7.4.6.1. Market Size & Forecast
    - 7.4.6.1.1. By Value & Volume
  - 7.4.6.2. Market Share & Forecast
    - 7.4.6.2.1. By Type
    - 7.4.6.2.2. By Raw Material
    - 7.4.6.2.3. By Application
    - 7.4.6.2.4. By End-User Industry
- 7.4.7. Italy Synthetic Paper Market Outlook
  - 7.4.7.1. Market Size & Forecast
    - 7.4.7.1.1. By Value & Volume
  - 7.4.7.2. Market Share & Forecast
    - 7.4.7.2.1. By Type
    - 7.4.7.2.2. By Raw Material
    - 7.4.7.2.3. By Application
    - 7.4.7.2.4. By End-User Industry

8. Asia-Pacific Synthetic Paper Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value & Volume
8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Raw Material
- 8.2.3. By Application
- 8.2.4. By End-User Industry
- 8.2.5. By Country
8.3. Pricing Analysis
8.4. Asia-Pacific: Country Analysis
- 8.4.1. China Synthetic Paper Market Outlook
  - 8.4.1.1. Market Size & Forecast
    - 8.4.1.1.1. By Value & Volume
  - 8.4.1.2. Market Share & Forecast
    - 8.4.1.2.1. By Type
    - 8.4.1.2.2. By Raw Material
    - 8.4.1.2.3. By Application
    - 8.4.1.2.4. By End-User Industry
- 8.4.2. India Synthetic Paper Market Outlook
  - 8.4.2.1. Market Size & Forecast
    - 8.4.2.1.1. By Value & Volume
  - 8.4.2.2. Market Share & Forecast
    - 8.4.2.2.1. By Type
    - 8.4.2.2.2. By Raw Material
    - 8.4.2.2.3. By Application
    - 8.4.2.2.4. By End-User Industry
- 8.4.3. Japan Synthetic Paper Market Outlook
  - 8.4.3.1. Market Size & Forecast
    - 8.4.3.1.1. By Value & Volume
  - 8.4.3.2. Market Share & Forecast
    - 8.4.3.2.1. By Type
    - 8.4.3.2.2. By Raw Material
    - 8.4.3.2.3. By Application
    - 8.4.3.2.4. By End-User Industry
- 8.4.4. Australia Synthetic Paper Market Outlook
  - 8.4.4.1. Market Size & Forecast
    - 8.4.4.1.1. By Value & Volume
  - 8.4.4.2. Market Share & Forecast
    - 8.4.4.2.1. By Type
    - 8.4.4.2.2. By Raw Material
    - 8.4.4.2.3. By Application
    - 8.4.4.2.4. By End-User Industry
- 8.4.5. South Korea Synthetic Paper Market Outlook
  - 8.4.5.1. Market Size & Forecast
    - 8.4.5.1.1. By Value & Volume
  - 8.4.5.2. Market Share & Forecast
    - 8.4.5.2.1. By Type
    - 8.4.5.2.2. By Raw Material
    - 8.4.5.2.3. By Application
    - 8.4.5.2.4. By End-User Industry
- 8.4.6. Taiwan Synthetic Paper Market Outlook
  - 8.4.6.1. Market Size & Forecast
    - 8.4.6.1.1. By Value & Volume
  - 8.4.6.2. Market Share & Forecast
    - 8.4.6.2.1. By Type
    - 8.4.6.2.2. By Raw Material
    - 8.4.6.2.3. By Application
    - 8.4.6.2.4. By End-User Industry

9. South America Synthetic Paper Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value & Volume
9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Raw Material
- 9.2.3. By Application
- 9.2.4. By End-User Industry
- 9.2.5. By Country
9.3. Pricing Analysis
9.4. South America: Country Analysis
- 9.4.1. Brazil Synthetic Paper Market Outlook
  - 9.4.1.1. Market Size & Forecast
    - 9.4.1.1.1. By Value & Volume
  - 9.4.1.2. Market Share & Forecast
    - 9.4.1.2.1. By Type
    - 9.4.1.2.2. By Raw Material
    - 9.4.1.2.3. By Application
    - 9.4.1.2.4. By End-User Industry
- 9.4.2. Colombia Synthetic Paper Market Outlook
  - 9.4.2.1. Market Size & Forecast
    - 9.4.2.1.1. By Value & Volume
  - 9.4.2.2. Market Share & Forecast
    - 9.4.2.2.1. By Type
    - 9.4.2.2.2. By Raw Material
    - 9.4.2.2.3. By Application
    - 9.4.2.2.4. By End-User Industry
- 9.4.3. Argentina Synthetic Paper Market Outlook
  - 9.4.3.1. Market Size & Forecast
    - 9.4.3.1.1. By Value & Volume
  - 9.4.3.2. Market Share & Forecast
    - 9.4.3.2.1. By Type
    - 9.4.3.2.2. By Raw Material
    - 9.4.3.2.3. By Application
    - 9.4.3.2.4. By End-User Industry

10. Middle East and Africa Synthetic Paper Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value & Volume
10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Raw Material
- 10.2.3. By Application
- 10.2.4. By End-User Industry
- 10.2.5. By Country
10.3. Pricing Analysis
10.4. MEA: Country Analysis
- 10.4.1. UAE Synthetic Paper Market Outlook
  - 10.4.1.1. Market Size & Forecast
    - 10.4.1.1.1. By Value & Volume
  - 10.4.1.2. Market Share & Forecast
    - 10.4.1.2.1. By Type
    - 10.4.1.2.2. By Raw Material
    - 10.4.1.2.3. By Application
    - 10.4.1.2.4. By End-User Industry
- 10.4.2. Saudi Arabia Synthetic Paper Market Outlook
  - 10.4.2.1. Market Size & Forecast
    - 10.4.2.1.1. By Value & Volume
  - 10.4.2.2. Market Share & Forecast
    - 10.4.2.2.1. By Type
    - 10.4.2.2.2. By Raw Material
    - 10.4.2.2.3. By Application
    - 10.4.2.2.4. By End-User Industry
- 10.4.3. South Africa Synthetic Paper Market Outlook
  - 10.4.3.1. Market Size & Forecast
    - 10.4.3.1.1. By Value & Volume
  - 10.4.3.2. Market Share & Forecast
    - 10.4.3.2.1. By Type
    - 10.4.3.2.2. By Raw Material
    - 10.4.3.2.3. By Application
    - 10.4.3.2.4. By End-User Industry

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition
12.2. Product Launches
12.3. Recent Developments

13. Global Synthetic Paper Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Business Overview
15.2. Product Offerings
15.3. Recent Developments
15.4. Financials (In Case of Listed Companies)
15.5. Key Personnel
15.6. SWOT Analysis
- 15.6.1. Yupo Corporation
- 15.6.2. Hop Industries Corporation
- 15.6.3. PPG Industries, Inc.
- 15.6.4. Seiko Epson Corporation
- 15.6.5. Agfa-Gevaert Group
- 15.6.6. Arjobex SAS
- 15.6.7. Toyobo Corporation Ltd.
- 15.6.8. MDV-Papier-und Kunststoffveredelung GmbH
- 15.6.9. Relyco Sales, Inc.
- 15.6.10. Formosa Plastics Corporation