Synthetic Paper Market in Americas to Grow by USD 51.21 Million | Key Drivers and Trends | Technavio

NEW YORK, Aug. 19, 2021 /PRNewswire/ -- The synthetic paper market in Americas is expected to grow by USD 51.21 million during 2021-2025, progressing at a CAGR of 6.48%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth according to the latest market research report by Technavio.

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Synthetic Paper Market in Americas: High demand from beverage industry to drive growth
Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The high demand from the beverage industry is notably driving the synthetic paper market growth in Americas, although factors such as fluctuating crude oil prices may impede market growth in Americas. This synthetic paper market analysis report of Americas also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth.

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As per Technavio, the superior features of synthetic paper will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2021-2025.

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Synthetic Paper Market In Americas: Segmentation Analysis
This market research report segments the synthetic paper market in Americas by Material (BOPP, HDPE, and Others) and Geography (US, Canada, and Rest of Americas).

75% of the market's growth will originate from the US during the forecast period. The US has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The superior features of synthetic paper will facilitate the synthetic paper market growth in the US over the forecast period.

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Some of the key topics covered in the report include:
Market Challenges
Market Drivers
Market Trends
Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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