Global Synthetic Papers Market (2017-2023) - Rising Demand for Synthetic Paper in Publishing Industries - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Synthetic Papers Market Insights, Opportunity Analysis, Market Shares and Forecast, 2017 -2023" report to their offering.

Global synthetic papers market is anticipated to rise with a CAGR of about 7% during the years 2016-2023. The market has been valued at $323.6 million by the year 2016 and is depicted to generate a total revenue of about $519 million by the year 2023.

Rising demand for synthetic paper in publishing industries has acted as a major opportunities in the market. Furthermore, consistent growth in printing technologies has also acted as a crucial opportunity in the market. Some factors such as surging growth in labeling and packaging industries and increased demand for recyclable and sustainable products and high consumption of adhesive film taps in labeling and taping is driving the synthetic paper market are currently driving the growth in synthetic paper market.

Fluctuations in oil prices due to deliberate inflation by crude oil companies greatly affect the prices of synthetic papers that is a petroleum derived product. The prices of crude rose with a CAGR of 11.8% during the year 2004 to 2014. During the year 2015, huge drop in the crude oil price was observed, consecutively decreasing the prices of conventional plastics. However, in September 2016, prices rebounded with increase of 1.1%. In January 2016; the average crude oil price was valued at $29.38 per barrel that increased to about $52.62 per barrel by December 2016. Pricing strategies of synthetic paper industries are greatly affected due to this consistent fluctuation in the crude oil that act as a restraining factor for attracting new investments in the market.

Companies Mentioned

  • Yupo Corporation
  • Seiko Epson Corporation
  • Nan Ya Plastics Corporation
  • Agfa-Gevaert N.V.
  • Ppg Industries Inc.
  • Arjobex Sas
  • Hop Industries Corporation
  • Relyco Sales Inc
  • Transilwrap Company Inc
  • Mdv Papier-Und Kunststoffveredelung Gmbh
  • Cosmo Films Ltd
  • Kaveri Metallising & Coating Industries Pvt Ltd
  • Ppg Industries Ohio Inc
  • Dupont Ltd
  • Tagleef Industries

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographic Analysis

7. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/d9tqvq/global_synthetic

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Pulp and Paper

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Pulp and Paper