India Synthetic Paper Market to Grow at Over 13% until 2024
According
to TechSci Research report, “India
Synthetic Paper Market By Product Type, By
Application, By Region, Competition, Forecast & Opportunities, 2024”, India synthetic paper market is forecast to grow at a robust
CAGR of more than 13% until 2024 on account of rising environmental concerns
and increasing applications of synthetic paper in packaging industry. Demand
for synthetic paper is expected to rise in the coming years due to its higher durability
and longevity compared to ordinary paper. Moreover, it is eco-friendly and
opaque, besides being resistant to tear, water, oil, stains and chemicals. Other
major factors anticipated to drive India synthetic paper market include increasingly
strict regulatory norms against deforestation and other environmental issues,
100% recyclability and increasing applications in paper and packaging industry.
However, high cost and lack of awareness regarding the
usage of synthetic paper are likely to hamper the growth of the market during
forecast period.
Browse
20 market data Figures spread through 70 Pages and an
in-depth TOC on "India Synthetic Paper Market"
https://www.techsciresearch.com/report/india-synthetic-paper-market/4768.html
India synthetic paper market is segmented based on product type,
application and region. Based on product type, the market can be segmented into
Biaxially Oriented Polypropylene [BOPP] and High-Density Polyethylene [HDPE]. Among
these, BOPP segment is
anticipated to dominate the market until 2024 on account of its enhanced
properties such as ease of printing, fatigue resistance, heat stability, among
others, over HDPE. Cosmo Films Ltd., Jindal Poly Films Ltd., Cosmo Films
Ltd., E.I. DuPont India Private Limited, Yupo corporation, PPG coatings India
Private Ltd., Toyobo India Private Ltd., Kaveri Metallising & Coating Ind.
Pvt. Ltd., Fresco Print Pack Pvt. Ltd., JK Paper Ltd., Bio Green Papers Ltd.,
Epson India Pvt. Ltd. and others are some of the leading players operating in India
synthetic paper market.
Download
Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=4768
Customers can also request for 10% free
customization on this report.
Different
physical and chemical attributes of synthetic paper give it an advantage over
the ordinary paper. Synthetic paper is also resistant to sunlight and
ultra-violet radiations, thereby making it ideal for use in different outdoor
applications. “In terms of application, non-label accounted for the largest share
in 2018 as this application segment meets all the environmental requirements.
As a result, synthetic paper finds significant usage in non-label applications
such as charts, banners and maps.” said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“India Synthetic Paper Market By Product Type, By
Application, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of India
synthetic paper market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges and opportunities in India synthetic
paper market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]