U.S. Synthetic Paper Market Size & Outlook, 2022-2030
U.S. synthetic paper market, 2018-2030 (US$M)
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U.S. synthetic paper market highlights
- The U.S. synthetic paper market generated a revenue of USD 207.9 million in 2022 and is expected to reach USD 311.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.2% from 2023 to 2030.
- In terms of segment, bopp was the largest revenue generating product in 2022.
- HDPE is the most lucrative product segment registering the fastest growth during the forecast period.
Synthetic paper market data book summary
| Market revenue in 2022 | USD 207.9 million |
| Market revenue in 2030 | USD 311.3 million |
| Growth rate | 5.2% (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 |
Other key industry trends
- In terms of revenue, U.S. accounted for 19.4% of the global synthetic paper market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. synthetic paper market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 20.6 million by 2030.
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Synthetic Paper Market Scope
Synthetic Paper Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. synthetic paper market outlook
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 56.95% in 2022. Horizon Databook has segmented the U.S. synthetic paper market based on bopp, hdpe, pet covering the revenue growth of each sub-segment from 2018 to 2030.
Synthetic paper is typically manufactured using synthetic resin derived from petroleum. This has given synthetic paper characteristics similar to those of plastic film; however, its appearance is similar to that of a regular paper made from wood pulp. Majority of synthetic papers exhibit properties similar to those of a regular paper.
Synthetic papers made from BOPP films have a smooth matt surface, which helps in imparting a strong dense image with good print adhesion. U.S.-based American Profol Inc. manufactures ProPaper, a bright white, stiff, polypropylene film engineered to feed quickly and reliably through sheeters and printing presses.
The company also produces polyethylene banner film, which is a tough polyethylene substrate for printed advertising graphics. This product is used to print banners, pennants, advertising graphics, cold weather applications, and outdoor graphics.
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Our clientele includes a mix of synthetic paper market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. synthetic paper market , including forecasts for subscribers. This country databook contains high-level insights into U.S. synthetic paper market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. synthetic paper market size, by product, 2018-2030 (US$M)
U.S. Synthetic Paper Market Outlook Share, 2022 & 2030 (US$M)
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