Global HDPE Synthetic Paper Market, By Type (Blow-Molded HDPE, Injection-Molded HDPE, Colored & Natu

Published Date: | Report Code : MT1958272

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HDPE Synthetic Paper Market Dynamic:

High-density polyethylene is produced from high-density polymerization of the ethylene monomer. The HDPE paper although not much higher in density than the LDPE paper, the HDPE has little branching characteristics that provide it with better intermolecular adhesive forces. The HDPE paper is in increasing demand owing to the increasing demand for frozen food, packaging, and labeling, business cards, calendars, book covers, newspapers, maps, and garments. With the tremendous growth of the food packaging industry, the demand for HDPE paper is increasing globally. Due enhanced to characteristics like high heat stability, water resistance, fatigue resistance, high tensile strength, and ease of printing, the demand for HDPE paper is projected to rise throughout the forecast period.

The demand for synthetic paper is increasing heavily in the paper industry than in any other industry. An increase in demand for tear-resistant, and weathering properties for outdoor advertising by way of banners, signs, window displays, public relations, and media & entertainment, among others, has spurred demand in this industry. Nowadays bio-degradable paper is in demand in the food processing industry as is poses no threat to human consumption. This has spurred a tremendous increase in demand for HDPE paper necessitating more companies for entering the market.

The Asia Pacific is showing rampant growth in this market owing to the growth of the processing industry, increasing urbanization & growth of the media print industry. The North American & European region is also showing steady growth in this market due to governments encouraging the use of paper bags over plastic bags. The Middle East is still emerging with regards to this market.

Key Factors Impacting Market Growth:

  • Increasing demand in food packaging & processed food industry

  • Governments encouraging the use of paper bags over conventional plastic bags

  • Increasing environmental concerns over use plastics

  • Development of bio-degradable materials

Regional Analysis:

By region, HDPE synthetic paper market has been segmented in North America, Europe, Asia pacific, Middle East, and Rest of the World. The North America and Western Europe regions are estimated to register a stable demand during the forecast period with market recovery from recent slowdowns. North America region includes US, Canada, and Mexico. US is estimated to dominate this market with a sizeable share followed by Canada, and Mexico. Industrial sector is a major contributor US and Canada economies overall. Hence, the supply of advanced materials in production activities is critical to the overall growth of industries in this region. Western Europe region is dominated by Germany, UK, France, Italy, and Spain. These countries also have a strong influence of the industrial sector resulting in sizeable demand for HDPE synthetic paper market.

Asia Pacific is estimated to register highest CAGR by region during the forecast period. The presence of some of the high growth economies such as China and India is expected to propel the demand in this region. In addition, this region has witnessed strategic investments by major companies to increase their market presence. Middle East and Eastern Europe are estimated to be other key regions for HDPE synthetic paper market with a strong market potential during the forecast period. Rest of the World consisting of South America and Africa are estimated to be emerging markets during the forecast period.

Key Developments:

  1. In June 2019, Yupo Corporation developed its new synthetic paper which is manufactured from biodegradable plastic resin, and is used for the labels application. This YUPO Green Synthetic paper is made from sugarcane bagasse which is a substitute for conventional crude oil-based paper. This development was an initiative from Yupo Corporation which was undertaken with reference to the goal of sustainable development of the organization and to produce environment-friendly products.

  2. In January 2019, the Agfa-Gevaert Group and Fujitex Co., Ltd. signed an agreement for the distribution of synthetic paper under the trade name, SYNAPS. The agreement includes the distribution of SYNAPS XM products, as Fujittex has a strong hold on the printer market.

Companies Covered: Nan Ya Plastics Corporation, PPG Industries, Agfa-Gevaert Group, Yupo Corporation, Arjobex SAS, American Profol, HOP Industries Corporation, Relyco Sales, Transilwrap Company, Inc., Cosmo Films, Neenah Inc., and Toyobo Co., Ltd...

Market Segmentation:

By Type:

  • Blow-Molded HDPE

  • Injection-Molded HDPE

  • Colored & Natural HDPE

By Application:

  • Labels

  • Printing

  • Paper Bags

  • Others

By End User Industry:

  • Media Print

  • Packaging

  • Paper & Pulp

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Type

    • By Application

    • By End User Industry

  • Western Europe:

    • By Country (Germany, UK, France, Spain, Rest of Western Europe)

    • By Type

    • By Application

    • By End User Industry

  • Eastern Europe:

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Type

    • By Application

    • By End User Industry

  • Asia Pacific

    • By Country (China, Japan, India, Rest of Asia Pacific)

    • By Type

    • By Application

    • By End User Industry

  • Middle East:

    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)

    • By Device Type

    • By Application

    • By End Users

  • Rest of the World

    • By Region (Latin America, Brazil, Rest of the World)

    • By Type

    • By Application

    • By End User Industry

Reasons To Buy This Report:

  • Market size estimation of the global HDPE synthetic paper market on a regional and global basis

  • The unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

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