Synthetic Paper Technologies, Markets to Expand to 2020
According to a new report by BCC Research, Wellesley, Mass., USA, 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 non-label application segment of the synthetic paper market is expected to increase from 156 million pounds in 2015 to 214 million pounds in 2020, with a CAGR of 6.5% from 2015 to 2020. The global synthetic paper market for label/tag applications is expected to increase from 111 million pounds in 2015 to 156 million pounds in 2020, with a CAGR of 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 that 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 also describes 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.
More information about this report, being distributed by Reportlinker, New York, N.Y., USA, is available online.
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