Synthetic Paper Market to Witness Widespread Expansion by 2027
The global synthetic paper market size is estimated at USD 766 million in 2021 and is projected to reach USD 1,286 million by 2027, at a CAGR of 9.2%, between 2022 and 2027. Synthetic paper is manufactured with synthetic resins derived from petroleum (primary material). Resin selection plays a major role in the attributes exhibited by different synthetic papers. It is preferred over conventional paper...
Printing is the largest preferred application for synthetic paper
The global synthetic paper market size is projected to grow from USD 526 million in 2020 to USD 819 million by 2025, at a CAGR of 9.2% between 2020 and 2025. The major driving factors of the market include eco-friendly synthetic paper and wide application areas of synthetic paper.
The key players in the synthetic paper market are PPG Industries, Inc. (US), Seiko Epson Corporation (Japan), Agfa-Gevaert...
Global Synthetic Paper Market by Application – Key Revenue Pockets & Trends 2024
The Global Synthetic Paper Market is estimated at USD 587 million in 2019 and is projected to reach USD 873 million by 2024, at a CAGR of 8.3% from 2019 to 2024. The growing demand for synthetic paper from the paper, packaging, and other end-use industries is expected to drive the synthetic paper market.
The key factors for the growing demand are rising environmental concerns due to use of wood...