Market revenue in 2022 | USD 13.1 million |
Market revenue in 2030 | USD 20.6 million |
Growth rate | 5.8% (CAGR from 2022 to 2030) |
Largest segment | Bopp |
Fastest growing segment | HDPE |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | BOPP, HDPE, PET |
Key market players worldwide | Formosa Plastics Group, Sihl Group, Cosmo Films, Transcendia, Toyobo Co Ltd, Technovative Group Inc, Jindal Poly Films, Illinois Tool Works |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to synthetic paper market will help companies and investors design strategic landscapes.
Bopp was the largest segment with a revenue share of 58.02% in 2022. Horizon Databook has segmented the Mexico synthetic paper market based on bopp, hdpe, pet covering the revenue growth of each sub-segment from 2018 to 2030.
Synthetic paper is primarily used for unconventional applications such as for SCUBA surveys of sea life. The products are also used for developing wine tags. Custom-made synthetic paper warnings are often seen hanging on doors, which cannot be affected by wind or rain.
PPG Industries, Inc. manufactures Teslin, a synthetic paper used as durable pressure-sensitive labels on shipping containers, industrial drums, blood bags, medical packaging & pallet, and shipping and supply-chain labels.
Teslin synthetic paper is apt for use in durable label applications that require processing with multiple printing technologies including laser printing. Traditionally, sheet wraps around stick labels were made of lithographically printed art paper laminated with BOPP protective film. However, they failed to provide an overall waterproof function, and the cost was higher in comparison to synthetic paper.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico synthetic paper market , including forecasts for subscribers. This country databook contains high-level insights into Mexico synthetic paper market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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