Lewes, DE -- (SBWIRE) -- 01/12/2018 -- Report forecast the synthetic paper market in Americas to grow at a CAGR of 6.65% during the period 2017-2021.

Synthetic paper is manufactured using synthetic resins derived from petroleum, which is the main raw material for the production. The paper has the characteristics of both plastic films as well as regular paper and is available in different grades and thicknesses based on the application. The features of the paper are like plastic films, but the appearance of synthetic paper is similar to that of regular paper. Synthetic paper is white and opaque like regular paper and has a resemblance in terms of the printability and processing capabilities.

The report covers the present scenario and the growth prospects of the synthetic paper market in Americas for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- US
- Canada
- Others

According to the report, one driver in the market is synthetic paper is a sustainable option over conventional paper. The demand for paper has been increasing due to its varied applications. It is used for packaging, cleaning, construction, value representation, storing information, and others. The main raw material used for the production of paper is wood pulp. The rising demand for paper has resulted in increasing deforestation across the world. This imposes a huge threat to the existence of various animals and impacts the environment in several ways. In the US, during 2016, the amount of paper used accounted for more than 9 billion tons, which constitutes around 25%-35% of the global paper consumption.

Further, the report states that one challenge in the market is expected surge in synthetic paper prices. The major supplier of raw materials for the synthetic paper market in the Americas is the oil and gas industry. The volatility in the price of raw materials used in the production of synthetic paper will affect its production. The crude oil prices dipped during the last three years, since 2014, due to over production of the oil by Organization of the Petroleum Exporting Countries (OPEC) and rise in alternatives like shale gas. At present, this has been benefitting the vendors. However, the oil prices are expected to rise in the coming years.

Synthetic Paper Market in Americas 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the synthetic paper market in Americas: DuPont, PPG Industries, Nan Ya Plastics, and YUPO.

Other Prominent Vendors in the market are: Arjobex, HOP industries, Taghleef Industries, American Profol, FLEXcon, Neenah Paper, Transcendia, and Seiko Epson Corporation.

Market driver
- Synthetic paper is a sustainable option over conventional paper
- For a full, detailed list, view our report

Market challenge
- Expected surge in synthetic paper prices
- For a full, detailed list, view our report

Market trend
- Rise in inkjet printing
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

Spanning over 68 pages "Synthetic Paper Market in Americas 2017 - 2021" report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Market segmentation by material, Geographical segmentation, Key leading countries, Decision framework, Drivers and challenges, Market trends, Vendor landscape, Appendix.

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