The global synthetic paper market totaled 250 mln lbs in 2014, and is expected to reach 267 mln lbs in 2015, and 370 mln lbs by 2020, a compound annual growth rate (CAGR) of 6.7% from 2015 to 2020, as per BCC Research. The non-label application segment of the synthetic paper market is expected to increase from 156 mln lbs in 2015 to 214 mln lbs in 2020, with a CAGR of 6.5% from 2015 to 2020. The global synthetic paper market for label/tag applications is expected to increase from 111 mln lbs in 2015 to 156 mln lbs in 2020, with a CAGR of 7% from 2015 to 2020.
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