The global synthetic paper market is anticipated to grow significantly at a CAGR of 8.8% over the forecast period (2024-2031). synthetic paper has gained high popularity as a choice material in many end-use applications due to its high-performance properties, including chemical resistance, oil resistance, tear resistance, water resistance, UV resistance durability, and longer shelf life. Rising demand for synthetic papers in paper bags and end-use industries like food and beverages, pharmaceuticals, packaging, cosmetics, and chemicals is expected to boost the overall growth of the synthetic paper market. For instance
• In 2020, Arjobex SAS acquired 100% shares of the MDV Group—a niche manufacturer and coater of specialty papers and films for the print, packaging, medical, sign/display and building industries.
• In September 2020, Yupo Corporation launched "SUPERYUPO Double" (grade: FRBW) grade for oil-based offset printing suitable for double-sided printing using oil-based ink for paper. The product is fragment of the YUPO GREEN Series that is merged partially with plant-derived biomass resin, which benefits reduce CO2 emissions.
The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, In January 2019, the agreement was signed between the Agfa-Gevaert Group and Fujitex Co., Ltd., a global trading company in Japan, to distribute synthetic paper under the trade name of SYNAPS. The agreement includes distributing SYNAPS XM products as Fujitex has a stronghold on the printer market.
To Request a Sample of our Report on Synthetic Paper Market: https://www.omrglobal.com/request-sample/synthetic-paper-market
· The market number available for – 2023-2031
· Base year- 2023
· Forecast period- 2024-2031
Segment Covered- by type,by application, and by end-user industry
Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape- are PPG Industries, Seiko Epson Corporation, Agfa-Gevaert Group, Nan Ya Plastics Corporation, Yupo Corporation, American Profol Inc., Cosmos Films, Dupont, Hop Industries Corporation, Arjobex Sas, S.b Enterprises, and others.
Synthetic Paper Market– Segmentation
By Type
· High-Density Polyethylene (HDPE)
· Biaxially Oriented Polypropylene (BOPP)
· Others (PET and PVC)
By Application
· Labelling and Tags
· Printing
· Paper Bag
· Others
By End-User Industry
· Industrial
· Institutional
· Others (Commercial and Retail)
A full Report of Synthetic Paper Market is Available @ https://www.omrglobal.com/industry-reports/synthetic-paper-market
Synthetic Paper Market by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
• Latin America
• Middle East and Africa
Company Profiles
• American profol inc.
• Arjobex SAS
• Azbil Corp.
• China Leowong Industry Co. Ltd.
• Cosmo films
• Dupont Inc.
• Etec Creation Co. Ltd.
• Fspg hi-tech co. Ltd
• Haiyan Huada Ink Chemical Co. Ltd.
• Hop Industries Corp.
• MDV Papier UND Kunststoffveredelung GmbH
• Nan Ya Plastics Corp.
• Ningbo Huikai Stationary Co. Ltd.
• Relyco Sales, Inc.
• S.B. Enterprises
• Seiko Epson Corp.
• .Shenzhen FAXIN ZHONGXIN STICKINESS CO. LTD.
• Transilwrap Co., Inc.
• Yupo Corp.
Reasons to buy from us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/synthetic-paper-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404