Plotter paper began in the late 1800's when the paper roll in a printing press was invented in USA.
The foothold on the way we process plotter paper today came via Xerox and HP in the late 1950's to the late 1970's. Xerox was then developing machines that would use 3 inch core rolls of bond paper to produce copies of prints when HP was developing machines that would use 2 inch core rolls of bond paper to produce prints. Both leaders used different technologies to produce prints on the page; Xerox used toner and HP used ink.
It could be said from those two companies is which America has grown in potter paper. The term 'plotter paper' is an acronym. Something that people have come up with over time. Since the machine was a plotter machine, when paper was needed for the plotter machine in the office, again, the 'call out' would be sounded for a need of more 'plotter paper'.