What is Global BOPP Synthetic Paper Market?
The Global BOPP Synthetic Paper Market is a specialized and in-depth study of the BOPP Synthetic Paper industry with a focus on the global market trend. BOPP, or Biaxially Oriented Polypropylene, Synthetic Paper is a type of synthetic paper that is made from polypropylene resin. During the production process, the polypropylene film is stretched in two directions, which results in a highly durable and tear-resistant paper. This type of synthetic paper is widely used in various industries due to its superior properties such as high tensile strength, chemical resistance, and thermal stability. It is also recyclable, making it an environmentally friendly alternative to traditional paper.
Coated Synthetic Paper, Uncoated Synthetic Paper in the Global BOPP Synthetic Paper Market:
Coated Synthetic Paper and Uncoated Synthetic Paper are two types of BOPP Synthetic Paper that are available in the Global BOPP Synthetic Paper Market. Coated Synthetic Paper is treated with a coating that enhances its printability. This type of synthetic paper is ideal for applications that require high-quality printing, such as labels, packaging, and commercial printing. On the other hand, Uncoated Synthetic Paper does not have a coating. It is typically used in applications that require durability and resistance to water and chemicals, such as maps, menus, and manuals. Both types of synthetic paper offer unique advantages, and the choice between the two depends on the specific requirements of the application.
Label, Non-Label in the Global BOPP Synthetic Paper Market:
The Global BOPP Synthetic Paper Market finds extensive usage in Label and Non-Label areas. In the Label sector, BOPP Synthetic Paper is used to manufacture labels for various products. These labels are resistant to water, chemicals, and tear, making them ideal for use in harsh environments. They also offer excellent printability, which allows for the creation of high-quality, vibrant labels. In the Non-Label sector, BOPP Synthetic Paper is used in a variety of applications such as packaging, commercial printing, and industrial uses. Its durability and resistance to various elements make it a preferred choice for these applications.
Global BOPP Synthetic Paper Market Outlook:
The Global BOPP Synthetic Paper Market is experiencing significant growth. In 2022, the market was valued at US$ 209.3 million. It is expected to reach a value of US$ 309.9 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period of 2023-2029. This growth can be attributed to the increasing demand for durable and recyclable paper alternatives in various industries. The market is dominated by key players such as Yupo, Nan Ya Plastics, HOP Industries, and American Profol, which collectively account for about 90% of the market share. Europe is the leading region in the global market, holding approximately 30% of the market share.
| Report Metric | Details |
| Report Name | BOPP Synthetic Paper Market |
| Accounted market size in 2022 | US$ 209.3 million |
| Forecasted market size in 2029 | US$ 309.9 million |
| CAGR | 5.7% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
|
| Segment by Application |
|
| Production by Region |
|
| Consumption by Region |
|
| By Company | Yupo, Nan Ya Plastics, HOP Industries, American Profol |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
