Global Synthetic Paper Market Size 2017 By Product (Biaxially Oriented Polypropylene (BOPP), High Density Polyethylene (HDPE), and Others), By Application (Labels and Non Labels), By Region and Forecast 2018 to 2025
Jan 2019
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The global synthetic paper market demand stood at 146.6 kilo tons in 2017 generating a market revenue of more than USD 250 million. It's resemblance to that of natural paper coupled with superior properties such as tear and water resistance is driving the global synthetic paper market demand in printing, packaging and labeling applications.
Global Synthetic Paper Market Size and Forecast, by Application, 2015-2025 (USD Million)
Synthetic paper is more durable as compared to natural paper and provides high-quality printing. Furthermore, their tough nature allows long term durability which makes it a viable solution for labeling, thereby, preserving the aesthetics of the products for a longer period. Furthermore, synthetic paper uses plastic resin instead of pulped wood fibers, hence, synthetic paper is somewhat being viewed as slightly more eco-friendly by saving trees. “No Trees Were Harmed in the Making of This ‘Paper’” disclaimer is used by key players in this market to state their product as environmentally friendly. However, global synthetic paper prices averaged USD 1.90 per kilogram in 2017, a value much higher than a regular printing paper.
Synthetic papers are chemical-, tear-, grease-, and water-resistant, hence, can be used in pool, spa, booth or shower. The bright finish and smooth texture of synthetic paper make it suitable to print instruction manuals, emergency applications, lifeguarding, cookbooks, and children play magazines as they can be wiped clean. However, the requirement of special ink for high-quality printing along with high manufacturing cost is the key restraint for the growth of the synthetic paper market.
Synthetic paper is gaining more and more popularity as it is made up of polypropylene. According to the research conducted by Yupo Corporation, polypropylene used in the manufacturing of synthetic paper is made of carbon and hydrogen. When burned in the presence of sufficient oxygen, it releases H2O and CO2 instead of toxic content, such as nitrogen, and chlorine-based gases. Additionally, the majority of the synthetic papers available in the commercial market can be recycled hence, minimizing the environmental impact.
Key factors driving the global synthetic paper market growth are uneasiness about the future availability of pulped wood fiber and optimistic petrochemical industry. Furthermore, with new players entering in this market, the future of synthetic papers is likely to witness further development. For instance, a pound of commercial synthetic paper at present can go a lot further than wood fiber paper. It also does not absorb ink in the same fashion as paper, thus, also saving the cost on the ink.
The global BOPP synthetic paper market was valued at USD 171.4 million in 2017. BOPP possesses superior strength, clarity, flatness, and excellent printability. Furthermore, BOPP is available in various thickness sizes such as a minimum of 75 microns to a maximum of more than 400 microns. These are used across various applications, such as tags & label, commercial printing, retail & packaging segment, and outdoor signages and displays.
Global Synthetic Paper Market Revenue Share, by Product, 2017 (%)
In terms of application, the non-label segment generated the maximum revenue in 2017 and is estimated to maintain its dominance over the forecast period. The key factor driving this segment is the common usage of this paper for making ID cards, menus, document printouts, and photo printouts among others. Growing demand for ID cards across various institutions including colleges and offices is expected to drive the global synthetic paper market in non-label applications.
An analysis of the region-wise synthetic paper market demand indicated Asia Pacific as the largest consumer in the global synthetic paper market in 2017. Presence of vast populace coupled with growing packaging and labeling industry driven by increasing consumption of food & beverage products are the key factors behind the growing usage of synthetic paper in this region. Asia Pacific is also the fastest growing market for synthetic paper across the globe at an estimated CAGR of 7.4% between 2018 and 2025.
Key players in the global synthetic paper market include American Profol, Arjobex, DuPont Tyvek, HOP Industries, Nan Ya Plastics, PPG Industries, Taghleef Industries, Treofan Group, and Yupo Corporation. The market is highly competitive in nature owing to the presence of diversified local as well as international players. Furthermore, owing to the prosperous market growth, more and more players entering the market, hence resulting in a more competitive environment across the global synthetic paper industry.
Key segments of the global synthetic paper market
Product Overview, 2015-2025 (USD Million) (Kilo Tons)
- BOPP (Biaxial Oriented Polypropylene Synthetic Paper)
- HDPE (High-Density Polyethylene)
- Others
Application Overview, 2015-2025 (USD Million) (Kilo Tons)
- Labels
- Non Labels
Region Overview, 2015-2025 (USD Million) (Kilo Tons)
- North America
- U.S.
- Canada
- Europe
- Germany
- Asia Pacific
- China
- India
- Rest of the World
Reasons for the study
- While studying global synthetic paper market driven by the growing demand from numerous end use industries, majorly the tag & label industry.
- Printing compatibility of synthetic paper and high cost is the key challenge of synthetic paper industry.
- HDPE and BOPP synthetic papers are used across various applications, such as tags & label, commercial printing, retail & packaging segment, and outdoor signage’s and displays.
What does the report include?
- The global synthetic papers market study provides an in-depth analysis of the various type and application.
- Drivers, restraints and opportunities for the market have been covered in the study
- The study covers the different aspects of the value chain analysis.
- The global synthetic papers market report covers qualitative and quantitative analysis of the market segmented on the basis of type and application
- Historical, current and forecast market data is provided for all the segments on a country basis
- The study includes detailed profiles of key participants of the market based on product offerings, geographical presence, financial performance and recent initiative
Who should you buy this report?
- The global synthetic papers market study meets the needs for various parties including government and non-government associations, consultants , analysts, researchers and academicians
- The report is also suitable for companies that are currently operating in the market as well as those looking to integrate their operations in the synthetic papers industry.
Moreover, the study can also help new entrants take informed decisions about venturing into the market.
The global synthetic paper market demand stood at 146.6 kilo tons in 2017 generating a market revenue of more than USD 250 million. It's resemblance to that of natural paper coupled with superior properties such as tear and water resistance is driving the global synthetic paper market demand in printing, packaging and labeling applications.
Global Synthetic Paper Market Size and Forecast, by Application, 2015-2025 (USD Million)
Synthetic paper is more durable as compared to natural paper and provides high-quality printing. Furthermore, their tough nature allows long term durability which makes it a viable solution for labeling, thereby, preserving the aesthetics of the products for a longer period. Furthermore, synthetic paper uses plastic resin instead of pulped wood fibers, hence, synthetic paper is somewhat being viewed as slightly more eco-friendly by saving trees. “No Trees Were Harmed in the Making of This ‘Paper’” disclaimer is used by key players in this market to state their product as environmentally friendly. However, global synthetic paper prices averaged USD 1.90 per kilogram in 2017, a value much higher than a regular printing paper.
Synthetic papers are chemical-, tear-, grease-, and water-resistant, hence, can be used in pool, spa, booth or shower. The bright finish and smooth texture of synthetic paper make it suitable to print instruction manuals, emergency applications, lifeguarding, cookbooks, and children play magazines as they can be wiped clean. However, the requirement of special ink for high-quality printing along with high manufacturing cost is the key restraint for the growth of the synthetic paper market.
Synthetic paper is gaining more and more popularity as it is made up of polypropylene. According to the research conducted by Yupo Corporation, polypropylene used in the manufacturing of synthetic paper is made of carbon and hydrogen. When burned in the presence of sufficient oxygen, it releases H2O and CO2 instead of toxic content, such as nitrogen, and chlorine-based gases. Additionally, the majority of the synthetic papers available in the commercial market can be recycled hence, minimizing the environmental impact.
Key factors driving the global synthetic paper market growth are uneasiness about the future availability of pulped wood fiber and optimistic petrochemical industry. Furthermore, with new players entering in this market, the future of synthetic papers is likely to witness further development. For instance, a pound of commercial synthetic paper at present can go a lot further than wood fiber paper. It also does not absorb ink in the same fashion as paper, thus, also saving the cost on the ink.
The global BOPP synthetic paper market was valued at USD 171.4 million in 2017. BOPP possesses superior strength, clarity, flatness, and excellent printability. Furthermore, BOPP is available in various thickness sizes such as a minimum of 75 microns to a maximum of more than 400 microns. These are used across various applications, such as tags & label, commercial printing, retail & packaging segment, and outdoor signages and displays.
Global Synthetic Paper Market Revenue Share, by Product, 2017 (%)
In terms of application, the non-label segment generated the maximum revenue in 2017 and is estimated to maintain its dominance over the forecast period. The key factor driving this segment is the common usage of this paper for making ID cards, menus, document printouts, and photo printouts among others. Growing demand for ID cards across various institutions including colleges and offices is expected to drive the global synthetic paper market in non-label applications.
An analysis of the region-wise synthetic paper market demand indicated Asia Pacific as the largest consumer in the global synthetic paper market in 2017. Presence of vast populace coupled with growing packaging and labeling industry driven by increasing consumption of food & beverage products are the key factors behind the growing usage of synthetic paper in this region. Asia Pacific is also the fastest growing market for synthetic paper across the globe at an estimated CAGR of 7.4% between 2018 and 2025.
Key players in the global synthetic paper market include American Profol, Arjobex, DuPont Tyvek, HOP Industries, Nan Ya Plastics, PPG Industries, Taghleef Industries, Treofan Group, and Yupo Corporation. The market is highly competitive in nature owing to the presence of diversified local as well as international players. Furthermore, owing to the prosperous market growth, more and more players entering the market, hence resulting in a more competitive environment across the global synthetic paper industry.
Key segments of the global synthetic paper market
Product Overview, 2015-2025 (USD Million) (Kilo Tons)
- BOPP (Biaxial Oriented Polypropylene Synthetic Paper)
- HDPE (High-Density Polyethylene)
- Others
Application Overview, 2015-2025 (USD Million) (Kilo Tons)
- Labels
- Non Labels
Region Overview, 2015-2025 (USD Million) (Kilo Tons)
- North America
- U.S.
- Canada
- Europe
- Germany
- Asia Pacific
- China
- India
- Rest of the World
Reasons for the study
- While studying global synthetic paper market driven by the growing demand from numerous end use industries, majorly the tag & label industry.
- Printing compatibility of synthetic paper and high cost is the key challenge of synthetic paper industry.
- HDPE and BOPP synthetic papers are used across various applications, such as tags & label, commercial printing, retail & packaging segment, and outdoor signage’s and displays.
What does the report include?
- The global synthetic papers market study provides an in-depth analysis of the various type and application.
- Drivers, restraints and opportunities for the market have been covered in the study
- The study covers the different aspects of the value chain analysis.
- The global synthetic papers market report covers qualitative and quantitative analysis of the market segmented on the basis of type and application
- Historical, current and forecast market data is provided for all the segments on a country basis
- The study includes detailed profiles of key participants of the market based on product offerings, geographical presence, financial performance and recent initiative
Who should you buy this report?
- The global synthetic papers market study meets the needs for various parties including government and non-government associations, consultants , analysts, researchers and academicians
- The report is also suitable for companies that are currently operating in the market as well as those looking to integrate their operations in the synthetic papers industry.
Moreover, the study can also help new entrants take informed decisions about venturing into the market.
Chapter 1. Executive Summary
Chapter 2. Research Methodology
2.1. Research approach
2.2. Scope, definition, and assumptions
2.3. Data sources
Chapter 3. Market Outlook
3.1. Introduction
3.2. Key trends
3.2.1. Market drivers
3.2.2. Market restraints
3.2.3. Market opportunities
3.3. Value chain analysis
3.4. Porters five forces analysis
Chapter 4. Global Synthetic Paper Market Overview, By Product
4.1. Global synthetic paper market share, by product, 2017 & 2025
4.1.1. BOPP
4.1.1.1. Market size and projections, 2015-2025
4.1.2. HDPE
4.1.2.1. Market size and projections, 2015-2025
4.1.3. Others
4.1.3.1. Market size and projections, 2015-2025
Chapter 5. Global Synthetic Paper Market Overview, By Application
5.1. Global synthetic paper market share, by application, 2017 & 2025
5.1.1. Labels
5.1.1.1. Market size and projections, 2015-2025
5.1.2. Non Labels
5.1.2.1. Market size and projections, 2015-2025
Chapter 6. Global Synthetic Paper Market Overview, By Region
6.1. Global synthetic paper market share, by region, 2017 & 2025
6.1.1. North America
6.1.1.1. Market size and projections, 2015-2025
6.1.1.2. Market size and projections, by product, 2015 - 2025
6.1.1.3. Market size and projections, by application, 2015 - 2025
6.1.1.4. U.S.
6.1.1.4.1. Market size and projections, 2015-2025
6.1.1.4.2. Market size and projections, by product, 2015 - 2025
6.1.1.4.3. Market size and projections, by application, 2015 - 2025
6.1.1.5. Canada
6.1.1.5.1. Market size and projections, 2015-2025
6.1.1.5.2. Market size and projections, by product, 2015 - 2025
6.1.1.5.3. Market size and projections, by application, 2015 - 2025
6.1.2. Europe
6.1.2.1. Market size and projections, 2015-2025
6.1.2.2. Market size and projections, by product, 2015 - 2025
6.1.2.3. Market size and projections, by application, 2015 - 2025
6.1.2.4. Germany
6.1.2.4.1. Market size and projections, 2015-2025
6.1.2.4.2. Market size and projections, by product, 2015 - 2025
6.1.2.4.3. Market size and projections, by application, 2015 - 2025
6.1.3. Asia Pacific
6.1.3.1. Market size and projections, 2015-2025
6.1.3.2. Market size and projections, by product, 2015 - 2025
6.1.3.3. Market size and projections, by application, 2015 - 2025
6.1.3.4. India
6.1.3.4.1. Market size and projections, 2015-2025
6.1.3.4.2. Market size and projections, by product, 2015 - 2025
6.1.3.4.3. Market size and projections, by application, 2015 - 2025
6.1.3.5. China
6.1.3.5.1. Market size and projections, 2015-2025
6.1.3.5.2. Market size and projections, by product, 2015 - 2025
6.1.3.5.3. Market size and projections, by application, 2015 - 2025
6.1.4. Rest of the World
6.1.4.1. Market size and projections, 2015-2025
6.1.4.2. Market size and projections, by product, 2015 - 2025
6.1.4.3. Market size and projections, by application, 2015 - 2025
Chapter 7. Industry Structure
7.1. Competitive landscape analysis, 2017
7.2. Strategic framework
Chapter 8. Company Profiles
8.1. Yupo Corporation
8.1.1. Company overview
8.1.2. Product portfolio
8.1.3. Financial performance
8.1.4. Recent initiatives
8.2. Arjobex
8.2.1. Company overview
8.2.2. Product portfolio
8.2.3. Financial performance
8.2.4. Recent initiatives
8.3. Treofan Group
8.3.1. Company overview
8.3.2. Product portfolio
8.3.3. Financial performance
8.3.4. Recent initiatives
8.4. Dupont Tyvek
8.4.1. Company overview
8.4.2. Product portfolio
8.4.3. Financial performance
8.4.4. Recent initiatives
8.5. PPG Industries
8.5.1. Company overview
8.5.2. Product portfolio
8.5.3. Financial performance
8.5.4. Recent initiatives
8.6. HOP Industries
8.6.1. Company overview
8.6.2. Product portfolio
8.6.3. Financial performance
8.6.4. Recent initiatives
8.7. American Profol
8.7.1. Company overview
8.7.2. Product portfolio
8.7.3. Financial performance
8.7.4. Recent initiatives
8.8. Taghleef Industries
8.8.1. Company overview
8.8.2. Product portfolio
8.8.3. Financial performance
8.8.4. Recent initiatives
8.9. Nan Ya Plastics
8.9.1. Company overview
8.9.2. Product portfolio
8.9.3. Financial performance
8.9.4. Recent initiatives
8.10. List of other vendors