Synthetic Paper Market Share
Segmentation Analysis:
The global synthetic paper market can be segmented based on type, application, and end-use industry.
1. Type:
a) Biaxially Oriented Polypropylene (BOPP) Synthetic Paper: BOPP synthetic paper is a popular type within the market. It is manufactured by stretching polypropylene film in both the machine (longitudinal) and transverse (lateral) directions, resulting in improved strength, durability, and tear resistance. BOPP synthetic paper is extensively used in the packaging industry for labels, tags, posters, and banners due to its excellent printability and moisture resistance.
2. Application:
a) Printing and Writing: Synthetic papers find significant applications in the printing and writing segment. These papers offer excellent print quality, smooth surface, and resistance to water, oil, and chemicals. Printing and writing sub-segment includes applications such as brochures, menus, catalogs, instruction manuals, and promotional materials.
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Competitive Landscape:
The synthetic paper market is highly competitive with the presence of several major players. Some of the key players operating in this market include Relyco Sales Inc., Yupo Corporation, PPG Industries Inc., Cosmo Films Limited, Arjobex SAS, Agfa-Gevaert N.V., and American Profol Inc., among others. These companies focus on strategic partnerships, product innovations, mergers and acquisitions, and geographic expansion to strengthen their market position. The competitive landscape of the synthetic paper market is characterized by intense rivalry and continuous technological advancements.
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