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text 2019-09-20 14:10

Growing demand from the Asia Pacific region, such as paper and paper bags are expected to fuel the Global Synthetic Paper Market

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The Synthetic Paper Market is estimated at USD 587 million in 2019, and is projected to reach USD 873 million by 2024, at a CAGR of 8.3% from 2019 to 2024.

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Increasing applications in labels, printing, and paper bags are leading to the demand for synthetic paper from end-use industries. Synthetic papers are used owing to properties, such as water resistance, tear resistance, chemical resistance, and dimensional stability, among others. Major end-use industries of synthetic paper include paper, packaging, and others.

Major companies operating in the synthetic paper market include Nan Ya Plastics Corporation(Taiwan), PPG Industries (US), Agfa-Gevaert Group (Belgium), Yupo Corporation (Japan), Arjobex SAS (France), American Profol (US), HOP Industries Corporation(US), Relyco Sales (US), Transilwrap Company, Inc. (US), Cosmo Films (India), Neenah Inc. (US), and Toyobo Co., Ltd (Japan), among others.

Nan Ya Plastics Corporation (Taiwan), PPG Industries (US), Agfa-Gevaert Group (Belgium), Yupo Corporation (Japan), Arjobex SAS (France) are the key players holding a significant share in the synthetic paper market. Among these, Yupo Corporation (Japan) is one of the leading manufacturing companies in terms of number of developments and has a number of distributors of synthetic paper in North America, Asia Pacific, the Middle East & Africa, and Europe.

The company is also focusing on new product launches for products, such as Yupo Green, a biodegradable synthetic paper to enhance its product portfolio. 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, and was undertaken with reference to the goal of sustainable development of the organization and to produce environment-friendly products.

Agfa-Gevaert Group (Belgium) is a major company providing synthetic paper in 40 countries and has its network of agents and representatives where it does not have its own sales organization. The company develops, produces, and distributes wide-ranging analog & digital imaging systems and IT solutions, for the printing industry, healthcare sector, and for specific industrial applications. It operates 3 business segments, namely, Agfa Graphics, Agfa HealthCare, and Agfa Specialty Products.

The Agfa-Gevaert Group offers a diverse product portfolio satisfying the needs of consumers across various market segments. The company has been expanding its business in various segments through a balanced strategic approach, such as agreements and acquisitions. For instance, the company entered into an agreement with Fujittex to expand its distribution network.

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The Asia Pacific region is estimated to lead the market in 2019 and is also projected to grow at a high CAGR during the forecast period, owing to the increasing demand for synthetic paper from China, Japan, and India. High demand from end-use industries, such as paper, packaging, food & beverages, cosmetics, pharmaceuticals, chemicals, and manufacturing is driving the growth of the synthetic paper products market in these countries. Continuous industrialization and innovation in paper technology, and awareness regarding the printability of synthetic paper is leading to the increasing consumption of synthetic paper.

Reference: https://www.marketsandmarkets.com/Market-Reports/synthetic-paper-market-141930359.html

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text 2019-05-23 12:34

Thermal Paper Market Segmentation, Industry Outlook and Forecasts

Industries Study Report

23 May 2019, Global thermal paper market is anticipated to witness an exponential growth in the forecast period. Thermal paper changes color upon introduction to heat & light due to the presence of a coating pigment. Furthermore, these papers are highly sensitive toward exterior adulteration. Thermal papers offer a clear print for a prolonged period as compared to traditional print paper.

The factors that propel the growth of the market include increasing awareness about the benefits of POS terminals, technological progression such as mobile wallets, online banking demand, and developments in thermal transfer technology. On the other hand, there are factors that may hamper the growth of the market including fluctuating prices and supply of raw materials and lack of skilled and trained workers. Thermal paper market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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The market could be explored by technology, application, and geography. Market could be explored by technology as Thermal Transfer and Direct Thermal. The “Direct Thermal” segment led the thermal paper market in 2017 and will continue to lead in the forecast period. In thermal paper no ribbon is used in printing. It produces the image directly on the printed material. Direct thermal printing uses chemically treated, heat-sensitive media that goes black when it permits under the thermal print head.

The key applications that could be explored in the market include Thermal paper for Lottery & Gaming Applications, Thermal paper for Fax & Point of Sale Applications, Thermal paper for Packaging Labels & Tags Applications, Thermal paper for Medicinal Applications, Thermal paper for Transport Applications (Parking Ticket, Train Ticket, Boarding Pass and Others), Thermal paper for Financial Services, Banking and Insurance (BFSI) Applications and Other applications such as Security paper. The “POS (Point of Sale)” segment led the market in 2017 and will continue to lead in the forecast period. POS (Point of Sale) is followed by Lottery & Gaming applications.

North America accounted for the major share of the thermal paper industry in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth purchasing power of the middle-income population, include rising per capita income, developing food & beverage, and tourism segments is driving the need for POS and labelling applications in this region. North America is followed by Asia-Pacific region owing to technological advancement and increasing demand.

Some of the key players that fuel the growth of the thermal paper market comprise Appvion Incorporated, Koehler Paper Group, Oji Holdings Corporation, Siam Paper Public Company Limited, Nakagawa Manufacturing (USA), Inc., Ricoh Company, Ltd., Jujo Thermal Ltd., Henan Province JiangHe Paper Co., Ltd., Mitsubishi Paper Mills Limited, Shandong Chenming Paper Holdings Ltd, Guangdong Guanhao High-Tech Co., Ltd., PM Company L.L.C., Jiangsu Wampolet Paper Co., Ltd, and Hansol Paper Co Ltd. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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paper market thermal paper market thermal paper paper industry chemicals materials

text 2019-04-15 11:42

e-Paper Display (EPD) Industry, 2012-2026 | Global and Chinese Market Research Report

Market Research Reports

April 15, 2019: The 'Global and Chinese e-Paper Display (EPD) Industry, 2012-2022 Market Research Report' is a professional and in-depth study on the current state of the global e-Paper Display (EPD) industry with a focus on the Chinese market. The report provides key statistics on the market status of the e-Paper Display (EPD) manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international and Chinese major industry players in detail.