#Biaxially Oriented Polyester(BoPET) Market Growth
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raghavpolymers49 · 11 days ago
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Polyester Film Manufacturers in India
Introduction
Polyester film, a versatile and widely used material, is essential in various industries, including packaging, electrical, and automotive. In India, the demand for polyester films has surged, driven by rapid industrialization and an expanding consumer market. This article explores the landscape of polyester film manufacturers in India, highlighting key players, production processes, and future prospects.
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The Polyester Film Market in India
The Indian polyester film market is characterized by a diverse range of products, including biaxially oriented polyester (BOPET) films, which are known for their strength, clarity, and resistance to moisture and chemicals. These properties make BOPET films suitable for applications such as food packaging, insulation, and graphics.
According to industry reports, the Indian polyester film market is projected to grow significantly, driven by increasing demand from the packaging sector, especially with the rise of e-commerce and food delivery services. The government's push for 'Make in India' has also encouraged local production, reducing dependence on imports.
Production Processes
The production of polyester films involves several key steps:
Polymerization: The process begins with the polymerization of terephthalic acid and ethylene glycol to produce polyethylene terephthalate (PET) resin.
Film Extrusion: The PET resin is then melted and extruded into a thin sheet, which is subsequently cooled and solidified.
Biaxial Orientation: The film is stretched in both the machine direction and the transverse direction to enhance its mechanical properties, clarity, and barrier characteristics.
Surface Treatment: Many manufacturers apply surface treatments to improve adhesion for printing and lamination processes.
Challenges Facing the Industry
Despite the growth prospects, the polyester film industry in India faces several challenges:
Environmental Concerns: The production and disposal of polyester films raise environmental issues. Manufacturers are increasingly focusing on recycling and developing biodegradable alternatives.
Competition from Imports: While local production is growing, competition from imported films can put pressure on domestic manufacturers. The industry must innovate to compete effectively.
Raw Material Prices: Fluctuations in the prices of raw materials, particularly petrochemicals, can impact production costs and profitability.
Future Prospects
The future of polyester film manufacturing in India looks promising. With the increasing focus on sustainable packaging solutions, manufacturers are exploring eco-friendly alternatives and recycling technologies. Furthermore, the rise of industries such as solar energy and electric vehicles presents new opportunities for specialty polyester films.
Government initiatives aimed at boosting manufacturing and infrastructure development will also play a crucial role in shaping the industry. As consumer preferences evolve, the ability to adapt to new trends and technologies will be vital for the success of polyester film manufacturers in India.
Conclusion
The polyester film manufacturing sector in India is on a path of robust growth, driven by innovation, sustainability, and a burgeoning market. With key players focusing on quality and eco-friendly practices, the industry is poised to meet the challenges ahead while catering to the diverse needs of various sectors. As India continues to establish itself as a manufacturing hub, polyester films will undoubtedly play a significant role in its industrial landscape.
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psatalk · 7 months ago
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UFlex commissions plants in Panipat, Russia
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Marking a milestone in its global journey of expansion and innovation, multinational flexible packaging and solutions company Uflex has announced that starting March 31, 2024, it has successfully commenced commercializing poly-condensed polyester chips at its manufacturing facility in Haryana's Panipat , near Delhi-NCR.
The company has also announced the commissioning of a 6.5-meter-wide cast polypropylene (CPP) film line with an installed capacity of 18,000 metric tons per annum (MTPA) in Russia through its subsidiary Flex Films Rus LLC, Russia.
UFlex’s polyester chips manufacturing plant has an impressive installed capacity of 168,000 metric tons per annum (MTPA) and reaffirms its commitment to expanding its vertical integration footprint. The Panipat plant will primarily manufacture poly-condensed polyester chips, which is a key raw material required to produce BOPET packaging films. In addition to catering to its in-house packaging film production, the facility will cater to third-party customers, contributing to the growth and sustainability of the packaging film industry in India.
The Panipat facility complements the company's packaging films India footprint in Noida, the National Capital Region and Dharwad, Karnataka, solidifying UFlex's presence and capabilities in serving its packaging film customers across India.
The CPP packaging film line in Russia will complement the existing capacity of one 8.7-meter-wide Biaxially Oriented Polyethylene Terephthalate (BOPET) Film Line with a capacity of 30,000 TPA and one 2.85-meter-wide plasma enhanced avant-garde metallizer with a capacity of 8,000 TPA.
Ashok Chaturvedi, chairman and managing director, UFlex, said, “We are extremely buoyant about the commissioning of our polyester chips plant in Panipat, and the CPP line in Russia. Now more than ever, our customers are interested in reliability, speed, and quality in their supply chain, and this expansion will allow us to deliver on those expectations. We are relying on our vertical integration strategy to meet the ever-increasing demand of the packaging industry and are betting on new capacities, expanded global footprint, and the ability to deliver quality, innovation, and customized solutions that the industry expects from UFlex. Leveraging advanced technology and sustainable practices, the company remains dedicated to delivering superior products and solutions that address the dynamic needs of the packaging market.”
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chemanalystdata · 2 years ago
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South America BOPP Film Market to Grow at a CAGR of 6.83% by 2032 | ChemAnalyst
According to ChemAnalyst report, “South America BOPP Film Market Analysis: Industry Market Size, Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Demand by Country, Company Share, Foreign Trade, 2015-2032”, The South America BOPP Film market has expanded remarkably in the historic period of 2015-2022 and is expected to grow at a CAGR of 6.83% reach 1100 thousand tonnes during the forecast period and by 2032.  Surging demand from Food Packaging, Tobacco Packaging, Non-Food Packaging, and Industrial end-use industries, is expected to hike the demand for the BOPP Film market in the forecast period.
BOPP (Biaxially Oriented Polypropylene) film is generated by generally stretched in both machine direction and transverse direction. Due to its fair price, and resilience to stress, this film substrate makes it perfect for applications including packaging, graphics, and labelling. The film is frequently employed in the food and beverage packaging industry due to its properties like optical clarity, moisture resistance, and high tensile strength. When compared to other plastic films like polyester and LDPE, BOPP films have a significantly smaller carbon footprint. In fact, BOPP film, which is more environmentally friendly than cellulose film, is the recommended substrate. Consumers in the region are growing increasingly concerned with the environment and how product packaging affects landfills, which is causing the industry to grow. Numerous industries, including packaging, labelling, and lamination, use BOPP films. Packaging is the most lucrative business for BOPP films due to the fact that it is used to package food products. BOPP films are used in food packaging because of their attributes, such as moisture resistance, seal ability, high clarity, and graphic reduction, which play a part in extending the shelf life of food products.
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Films made of BOPP polyester are frequently used for packaging, labelling, and laminating because to their mechanical and optical properties. The demand for BOPP films is rising in South America as a result of the expanding use of films across a variety of end-user industries, including the food and beverage, pharmaceutical, and packaging sectors. The region's increasing demand for BOPP films is also being backed up by the electronic industry's growing use of packaging and laminating films. Due to advancements made by BOPP films, including their superior high-speed printing capability, resistance to dangerous chemicals and pollution, good puncture resistance, and flex resistance across a wide temperature range, the demand of BOPP is anticipated to move towards higher levels.
The South America BOPP Film market is segmented based on end-use, sales channel, and region. Based on the end-user industry, the South America BOPP Film market is segmented into Food Packaging, Tobacco Packaging, Non-Food Packaging, Industrial, and Others. Although, Food Packaging is consuming the majority of BOPP Film and held a market share of approximately 65% in the year 2022. BOPP films protect the food from contamination by the rapid growth of bacteria, thus having a huge market as a packaging material.
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“South America BOPP Film Market Analysis: Industry Market Size, Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Demand by Country, Company Share, Foreign Trade, 2015-2032” Major players in the South America BOPP Film are Taghleef Latin America S.A., Bopp del Ecuador S.A (Ecuador), Polo Films, Opp Film Peru, Oben Group (PackFilm Colombia Termopack Colombia), Oppfilm Argentina S.A., OPP Film Chile, Opp Film El Salvador (El Salvador), Polo Indústria e Comércio, Vitopel do Brasil Ltda., Vitopel Argentina S.A., and Others.
“Good strength, fatigue resistance, moisture resistance, low toxicity, flexible finishing options, and transparency are a outstanding characteristics of BOPP films. As BOPP Film is used for packaging in a number of downstream industries, including food, tobacco, non-food, and industrial, the demand for these films is anticipated to increase over the anticipated period. It is crucial to monitor which region will take the largest market share in the next years as flexible packaging becomes increasingly common in the food and pharmaceutical industries. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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vicky8588 · 3 years ago
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Plastic Films and Sheets Market
Market Overview
The Global "Plastic Films and sheets market" is expected to grow at a CAGR of 5.8% during the forecast period.
 Plastic film is a thin continuous polymeric material. Thicker plastic material is often called a "sheet". These thin plastic membranes are used to separate areas or volumes, to hold items, to act as barriers, or as printable surfaces. Plastic Films are used in a wide variety of applications. These include packaging, plastic bags, labels, building construction, landscaping, electrical fabrication, photographic film, film stock for movies, videotape, etc. Plastic Sheets are crafted from raw plastic and are used as a component in crafting machines from MineFactory Reloaded. They are also used in crafting the factory machine block, another integral component in crafting machines from mine factory reloaded.
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Market Dynamics
Rising demand for bioplastic materials and increasing usage of plastic Films & sheets in agriculture are the major driving factors for the market growth. With the economy slowly on the rise Europe's bioplastic interest peaks. Bioplastics production, though small, is growing rapidly, with many new products and applications emerging as a consequence of intensive research and development (R&D) efforts. Bioplastic companies hire new employees, build business partnerships and up to manufacturing. To name a few examples, many food-chain suppliers, Coca-Cola, Pepsi-Cola, Nestle, and consumer companies such as Mazda and Newell Rubbermaid are already pushing for a greater percentage of the storage, plastic Films, and materials to come from renewable sources. Production and bioplastic technologies are certainly expanding as the market increases its demand. Bioplastic industries have a strong foothold in Asia-particularly in Japan and China.
 Regulations restricting the use of non-biodegradable plastics are the key restraint hampering the growth of the market.
 Market Segmentation
By application, the plastic Films and sheets market is segmented into packaging and non-packaging. The packaging is again divided into industrial packaging, food packaging, pharmaceutical & medical packaging and consumer goods. Non-Packaging is further classified into medical & health care, construction and agriculture. The global plastic Films and sheets market size by packaging segment was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period.
   On the basis of product, the plastic Films and sheets market is classified into polyester (PES), polyvinyl chloride (PVC), biaxially-oriented polyethylene terephthalate (BOPET), linear low-density polyethylene (LLDPE), polyamides (PA), high-density polyethylene (HDPE) and others. Others are further divided into high-density polyethylene (HDPE), low-density polyethylene (LDPE), cast polypropylene (CPP). The global plastic Films and sheets market size by high-density polyethylene (HDPE) segment was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period.
 HDPE is the most widely used type of plastic. It’s used to make many types of bottles and containers. Unpigmented bottles are translucent, have good barrier properties and stiffness, and are well suited to packaging products with a short shelf life such as milk. Because HDPE has good chemical resistance, it is used for packaging many household and industrial chemicals such as detergents and bleach. Pigmented HDPE bottles have better stress crack resistance than unpigmented HDPE. Companies are introducing HDPE products in the market. For instance, Envision has launched a product that is fit for most high-density polyethylene (HDPE) plastic.
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 Geographical Analysis
The Asia Pacific plastic Films and sheets market size was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period. Asia Pacific is expected to grow with high CAGR in the forecast period due to the huge demand for plastic Films and sheets especially in the food & beverage and pharmaceutical industry. China and India are expected to grab major market share in the forecast period. Companies are focusing on acquisitions in order to extend their market shares. For instance, In August 2019, Piovan SpA has acquired TobaPNC Co. Ltd., a South Korean automation company specializing in industrial processes for plastics. Adding to this, Bemis hs acquired Foshan New Changsheng Plastics Films Co., has built a platform in the Asia Pacific region. Furthermore, In July 2017, In China, Dow’s Packaging and Specialty Plastics (P&SP), a business unit of The Dow Chemical Company has launched tenter frame biaxially oriented polyethylene (TF-BOPE), innovative and revolutionary addition to the INNATE™ Precision Packaging Resin family.
   Competitive Landscape
The plastic Films and sheets market is highly competitive with existing players in the market.
 Some of the major players include Saudi Basic Industries Corporation, Jindal Poly Films Ltd., Sealed Air Corporation, Toray Industries, Inc., Berry Plastics Group, Inc., Amcor Limited, Uflex Ltd, Bemis Company, Inc., AEP Industries Inc., and Toyobo Co., Ltd.
 The key players are adopting various key strategies such as product launches, collaborations, mergers & acquisitions which are contributing to the growth of the Plastic Films and Sheets Market.
 In August 2019, Curbell Plastics Inc. of Orchard Park has acquired Nationwide Plastics Inc., which fabricates plastic parts and does precision machining.
 In August 2019, Piovan SpA has acquired TobaPNC Co. Ltd., a South Korean automation company specializing in industrial processes for plastics.
 In November 2018, Tekni-Plex, Inc. has acquired Beyers Plastics, Puurs, Belgium, a cleanroom Class 7 extruder and converter of polyethylene (PE) film, from investment company FAMO N.V
 In February 2018, Delta Plastics, a significant player in agricultural plastics recycling, has acquired two related companies, Los Angeles-based Command Packaging and Salinas, Calif.-based Encore Recycling.
 In July 2017, In China, Dow’s Packaging and Specialty Plastics (P&SP), a business unit of The Dow Chemical Company has launched tenter frame biaxially oriented polyethylene (TF-BOPE), innovative and revolutionary addition to the INNATE™ Precision Packaging Resin family
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chemanalyst · 3 years ago
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BOPET Films Market to Grow at a CAGR of 4.8% by 2030
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According to ChemAnalyst report, “BOPET Films Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, The BOPET Films market has witnessed considerable growth as it reached 4.21 million tonnes in 2020 and is expected to achieve a healthy CAGR of 4.8% during the forecast period until 2030. The rapidly growing demand for BOPET Films due to its versatile properties by various end-use industries is expected to boost the BOPET Films market globally in the span of the next ten years. Increasing demand for BOPET Films by the flourishing packaging industry is the major factor driving the BOPET Films market across the globe. However, the high production cost of BOPET films can somehow hinder market growth in the future.
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BOPET stands for Biaxially Oriented Polyethylene Terephthalate, which is a Polyester film made from orientated Polyethylene Terephthalate (PET). These versatile engineered films are clear, flexible, and transparent in nature and inherent versatile properties such as high tensile strength, reflectivity, chemical, and dimensional stability, gas and aroma barrier properties, and electrical/thermal insulation.
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The BOPET films are widely used for various industrial and commercial applications including flexible packaging, insulating materials, covering over paper, consumer electronics, printing media, green energy, automotive parts, medical devices, and others. The biaxial orientation of the PET film makes it desirable for food packaging, electrical/thermal insulation, and printing sheets. BOPET films are extensively used in plastic bottles for soft drinks due to their excellent water and moisture barrier properties. Owing to their high mechanical strength, these films are often used in tape applications such as the carrier for magnetic tape or backing for pressure-sensitive adhesive tapes. Flexible packaging structures account for the largest end-use of BOPET films where its unique properties have enabled it to become the backbone that high-performance multi-layer plastic structures are built around. Due to growing urbanization and industrialization, the demand for plastic packaging, electronic products, and digital printing is rapidly increasing along with retail sales of food and grocery, which is likely to augment the BOPET market in the next few years.
The BOPET Films Market is segmented on the basis of type, end-use, sales channel, and region. Based on different types, the BOPET films are categorized into Thin films and Thick films. The thin films segment is anticipated to dominate the BOPET films market globally in the upcoming years owing to the rising demand for BOPET films in the food and beverage, and pharmaceuticals industry. On the basis of end-use industries, the BOPET market is segregated into packaging, pharmaceuticals, electrical and electronics, imaging, industrial, automotive, and others. Among these, the packaging industry holds the largest share in the BOPET films market and is expected to maintain its dominance until 2030 due to the increasing demand for flexible packaging especially from the personal care, food and beverages, and pharmaceutical sector across the globe.
The unprecedented fall of COVID-19 in 2020 caused a drastic decline in the BOPET Films market around the world. Many end-user industries including personal care, automotive, electrical and electronics, imaging, and others witnessed a huge negative impact due to the interruptions in the global supply chain. Several manufacturing units halted their operations temporarily during the first half of 2020 in order to contain the spread of the deadly coronavirus, which had affected the BOPET films market across the globe.  However, the demand for BOPET Films from the flexible packaging industry remained significant during the covid times.
Among different regions, the Asia Pacific region dominated the BOPET Films market globally in 2020 and is expected to maintain its dominance over the next ten years owing to the rising demand for flexible packaging, flat panel displays, printed circuit boards, etc. especially in emerging economies like China, India, Japan, and others. Rapid industrialization and urbanization in India and China have led to continuous changes in people’s lifestyles which has further propelled the demand for BOPET films in the Asia Pacific region. In North America, the demand for BOPET films is continuously growing in the food and beverages, and construction industry, which will then accelerate the BOPET films market in the forecast period.
BOPET Films Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, some of the major players operating in BOPET Films market include include Toray, SKC Films, DuPont, Mitsubishi, Jiangsu Shuangxing, Polyplex, Kolon, Jindal, JBF, SRF, Terphane, Uflex, PT Trias Sentosa, Polinas, Coveme, Jiangsu Xingye, Kanghui Petrochemical, Billion Indusrial Hildings, DDN, Fuweifilm, Qiangmeng Industry, Ningbo Jinyuan, Shaoxing Weiming, and others.
“Growing demand for BOPET Films from the blooming packaging industry is likely to boost the BOPET Films market across the globe in the next ten years. Increasing awareness regarding fitness trends, healthy foods, and natural ingredients is driving the food and beverages industry which is expected to propel the demand for BOPET films in the upcoming years. Emerging technological advancements like drone technology will further create new opportunities for growth for leading players in the BOPET films industry.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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technogeekstmr · 3 years ago
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Global Snack Food Packaging Market Scenario Highlighting Major Drivers & Trends, 2021-2027
Snack food is becoming a mainstream trend that has gathered force over time and is considered as one of the most preferred form of commodities, hence snack food packaging should be attractive to buyers in order to gain their attention. Shifting preference of consumers for snack foods into meals are changing how restaurants and packaged food manufacturers market food. Packaged food manufacturers stay on top of their changing preferences and needs, mostly for health, value and quality as well. For instance, nearly 80% of consumers looks for best value products
Snack Food Packaging Market: Dynamics
The growing number of nuclear families coupled with increasing disposable incomes has unwrapped tremendous opportunities for the ready to eat snack foods which in turn driven the growth for the global snack food packaging market in the near future. The opportunity to indulge in exotic flavor options at reasonable prices, convenience and changing consumer lifestyle are the major factors that influence the growth of snack food packaging market. The consumers crave for healthier snack food products and they are unwilling to sacrifice flavor as these are now trends in the overall snack food market. Furthermore, the trend of eating snacks in between meals has led to the tremendous demand for the global snack food packaging market.
Branding and product innovation act as a decisive factor which has provided impetus to the global snack food packaging market. Manufacturers emphasis on their product offering in order to suit the taste of the consumers and developing new alternatives to provide to geographic specific demand which has expanded their consumer base.
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Innovations in the global packaging industry, such as sophisticated packaging products which are made of materials such as biaxially-oriented polypropylene (BOPP), biaxially-oriented polyethylene terephthalate (BOPET), and cast polypropylene (CPP) has led manufacturers of snack food packaging market to provide attractive and colorful packs to draw attention to consumers.
Snack Food Packaging Market: Segmentation
On the basis of material type, the global snack food packaging market is segmented into
Plastic
Paper
Metal
Others
BOPP
Polypropylene
Polyethylene
LLDPE
Polyester
Others
On the basis of packaging types, the global snack food packaging market is segmented into
Flexible Packaging
Rigid Packaging
Others
On the basis of application, the global snack food packaging is segmented into,
Bakery Snacks
Candy & confections
Savory Snacks
Nuts & Dried Fruits
Others
On the basis of end-use, the global snack food packaging market is segmented into,
Restaurants
Food truck
Full service restaurants
Quick service restaurants
catering
Snack Food Packaging Market: Region wise Outlook
In geography, the global snack food packaging market is divided into majorly five regions such as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. In the global snack food packaging market, developed countries of North America like U.S, accounts for largest market share which is attributed to the high consumption of consumers as well as stringent government regulations on the safety and the quality of the snack food products. U.S is considered as a mature market for bakery and snack foods and is projected to grow with around 4% throughout 2016 to 2020 and Europe is considered to be the second largest market in the global snack food packaging market. However, outside of the U.S the opportunity to increase the sales of snack foods is also increasing as well. Asia Pacific is expected to be primarily driven mainly by china, Japan and India in the global snack food packaging market. Latin America and Middle East & Africa are expected to witness sluggish growth over the forecast period. In Latin America, Brazil, Mexico and rest of Latin America are expected to create market opportunities for companies involved in the global snack food packaging market.
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Snack Food Packaging Market: Key Players
Some of the key players who are engaged in manufacturing snack food packaging are Sonoco Products, Sealed Air Corporation, Graham Packaging Holdings, Bemis Company, American Packaging, Bryce Corporation and many others, Swiss pack private limited and many more.
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sandlerresearch · 4 years ago
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Halogen-Free Flame Retardant Bopet Films Market by End-use Industry (Electrical Insulation, Transportation, Building & Construction), Region (APAC, North America, Europe, Rest Of World) - Global Forecast to 2026 published on
https://www.sandlerresearch.org/halogen-free-flame-retardant-bopet-films-market-by-end-use-industry-electrical-insulation-transportation-building-construction-region-apac-north-america-europe-rest-of-world-global-forec.html
Halogen-Free Flame Retardant Bopet Films Market by End-use Industry (Electrical Insulation, Transportation, Building & Construction), Region (APAC, North America, Europe, Rest Of World) - Global Forecast to 2026
“The halogen-free flame retardant BOPET films market is witnessing growing demand from end-use industries such as electrical insulation, transportation, and building & construction. Its growth is attributed to stringent government rules against toxicity of halogenated flame retardants and strict fire-safety guidelines.”
The global halogen-free flame retardant BOPET films market size is projected at USD 9 million in 2021 and is projected to reach USD 13 million by 2026, at a CAGR of 7.5%, between 2021 and 2026. The growth in the market is attributed to growing concern about public health fire safety regulations are becoming more stringent.
Halogen-free flame retardant BOPET (biaxially oriented polyethylene terephthalate) film is a versatile engineered polyester film made by stretching PET film in a longitudinal and transverse direction, and halogen additives or coatings are not used in its manufacturing. It has high electrical insulation, tensile strength, chemical, and dimensional stability, transparency, reflectivity, gas and aroma barrier properties. Most commercial BOPET films are inherently resistant to heat, chemicals, and water absorption. It is used in electronics, transportation, construction, label industries, and others.
“Electrical Insulation is the largest end-use industry segment of the halogen-free flame retardant BOPET films market.”
The electrical insulation segment accounted for the largest share in the global halogen-free flame retardant BOPET films market during the forecast period. The increase in manufacturing of wires & cables and rising demand for high quality consumer electronics will drive the market. Halogen-free flame retardant BOPET films are used for insulation applications in motor winding, transformers, television screen films, battery labels, flexible printed circuits, wires & cables (secondary insulation), and semiconductors. Moreover, halogen-free flame retardant BOPET films are used to match the level of fire resistance that must be achieved based on the fire safety standards.
“APAC is the largest and fastest-growing market for halogen-free flame retardant BOPET films market.”
APAC is projected to be the largest market for halogen-free flame retardant BOPET films during the forecast period and is projected to register the highest CAGR. The high economic growth in developing countries and increasing disposable incomes have made APAC an attractive market for halogen-free flame retardant BOPET films. The tremendous growth of industrial production increased trade, and the implementation of stringent regulations are primarily responsible for the high consumption of halogen-free flame retardant BOPET films in the region.
The breakdown of primary interviews is given below:
By Company Type: Tier 1 – 55%, Tier 2 – 20%, and Tier 3 –25%
By Designation: C-Level Executives – 40%, Director-Level – 35%, and Others – 25%
By Region: North America – 40%, Europe – 25%, APAC – 25%, Rest of World – 10%
The key companies profiled in this report on the halogen-free flame retardant BOPET films market include Toray Industries, Inc. (Japan), Mitsubishi Chemical Holdings Corporation (Japan), DuPont Teijin Films (US), Shanghai Huzheng Industrial Co., Ltd. (China), Mainyang Prochema Commercial Co. Ltd. (China), and Teraoka Seisakusho Co. Ltd. (Japan) are the key players operating in the halogen-free flame retardant BOPET films market.
Research Coverage
The halogen-free flame retardant BOPET films market has been segmented based on  end-use industry and region. This report covers the halogen-free flame retardant BOPET films market and forecasts its market size until 2026. It also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their position in the halogen-free flame retardant BOPET films market. The report also provides insights into the drivers and restraints in the halogen-free flame retardant BOPET films market along with opportunities and challenges. The report also includes profiles of top manufacturers in the halogen-free flame retardant BOPET films market.
Reasons to Buy the Report
The report is expected to help market leaders/new entrants in the following ways:
This report segments the halogen-free flame retardant BOPET films market and provides the closest approximations of revenue numbers for the overall market and its segments across different verticals and regions.
This report is expected to help stakeholders understand the pulse of the  halogen-free flame retardant BOPET films market and provide information on key market drivers, restraints, challenges, and opportunities influencing the market growth.
This report is expected to help stakeholders obtain an in-depth understanding of the competitive landscape of the halogen-free flame retardant BOPET films market and gain insights to improve the position of their businesses. The competitive landscape section includes detailed information on strategies, such as partnership/collaboration/alliance, joint ventures, new product launch/development, expansion/investment, mergers & acquisitions.
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swanandcmiprs · 4 years ago
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POLYETHYLENE NAPHTHALATE MARKET ANALYSIS (2019-2027)
Polyethylene naphthalate or PEN is a polyester derived from naphthalate-2, ethylene glycol, and 6-dicarboxylic acid. Although polyethylene naphthalate is similar to terephthalate (PET) chemically, it is more temperature resistant and a better barrier compared to PET. It features excellent physical properties such as good thermal conductivity, dimensional stability, dielectric strength, excellent hydrolysis resistance, low thermal shrinkage, and high mechanical strength. Polyethylene naphthalate finds applications in manufacturing of various products such as industrial fibers, beverage containers, textiles, foamed articles, films, and other thermoformed applications. Generally, it is available in the market in the form of films, laminates, and rods.
Market Outlook
Global polyethylene naphthalate market size was valued at US$ 1,126.9 million in 2018, and is expected to register a CAGR of 8.48% during the forecast period (2019-2027). This is owing to a rise in the use of polyethylene naphthalate in various applications such as electronics and electrical equipment. Polyethylene naphthalate has excellent dielectric constant and high resistance to temperature, which is expected to increase its demand and subsequently boost the market growth in the near future. Furthermore, polyethylene naphthalate is used in manufacturing of beverage containers, especially for carbonated drinks. Polyethylene naphthalate has received the U.S. FDA approval to pack carbonated beverages, which is expected to support growth of the market during the forecast period. Moreover, perishable food products that are needed to be protected from sunlight require packaging containers made of polyethylene naphthalate, which is expected to propel the market growth in the near future. Furthermore, as compared to polyethylene terephthalate, PEN is lighter in weight which reduces the shipping cost. This has made more and more manufacturers to turn towards polyethylene naphthalate packaging, and hence support the market growth.
However, a higher price of polyethylene naphthalate compared to PET is expected to restrain growth of the global polyethylene naphthalate market during the forecast period.
Market Regional Analysis
North America is expected to account for the largest market share in the global polyethylene naphthalate market during the forecast period. Growing use of polyethylene naphthalate in the food and beverage industry is expected to increase its demand and subsequently boost the market growth. Asia Pacific is expected to witness slower growth as compared to North America and Europe, though poses tremendous opportunities for the market players in the near future. Emerging economies in the Asia Pacific such as Japan and China are expected to hold the dominant positions in the region.
Market Players
Key players operating in the global polyethylene naphthalate market include Teijin Ltd., Advansa Sasa Polyester San A.S. DuPont, DuraFiber Technologies, Toray Monofilament, Kolon Plastics, and Sumitomo Chemical.
Key Developments:-
In October 2017, Indorama Ventures Public Company Limited (IVL) which a chemical manufacturer announced that the company has entered into agreement to acquire DuPont Teijin Films (DTF), a manufacturer of Biaxially-oriented Polyethylene Terephthalate (BOPET) and Polyethylene Naphthalate (PEN) films. The agreement incudes to acquire DTF’s 8 production assets in the US, Europe and China along with the global innovation center in the UK.
In May 2017, DuPont Teijin Films (DTF) announced its collaboration with SBE Inc. Under this agreement SBE Inc. would supply capacitors using DuPont Teijin Film PEN HV film for all high performance high temperature applications.
In 2016, Tekra, A Division of EIS, Inc. has announced the addition of new flame retardant polyester films to be used as low cost alternatives in construction, electronics, labels and lightning industries. The company used halogen free polyethylene terephthalate (PET) films and polyethylene naphthalate (PEN) films from DuPont Teijin to its new product.
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digitalconvo · 4 years ago
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Polyfilm Market Analysis by Growth, Size (Value and Volume), Trends 2025
Global Polyfilm Market: Overview
Polyfilms have become an integral part of our daily lives. They are eco-friendly and can be safely used for food packaging. Due to their flexible nature, these films find application in many end-use industries.
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On the basis of Resin type, the polyfilm market can be segmented into low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), High-density polyethylene (HDPE), biaxially oriented polypropylene film (BoPP), biaxially-oriented polyethylene terephthalate (BoPET), and biaxially oriented nylon film (BoPA)
The report presents a comprehensive overview of the various factors contributing to the expansion of the global polyfilm market. It also presents insights into challenges that the market could face over the forecast period. The prevailing trends in overall market operations are also studied in the report in detail.
Global Polyfilm Market: Key Trends
There are a few factors that are giving impetus to the polyfilm market growth. They include technological developments in agriculture, rising demand for BoPET films, and increased usage of bio-based polymers. On the other hand, several European countries have stringent government and environmental regulations, limiting the growth of the polyfilm market.
In terms of end-use industry, the packaging and agriculture segment is anticipated to witness substantial growth. The increase in population has given a boost to the food packaging industry, thereby raising the demand for polyfilms. Due to their environment-friendly characteristics and long shelf life, polyfilms have an edge over other films in the market. Plus, the improving retail sector is pushing the demand for polyfilms. Besides this, the increasing usage of greenhouse films for increased crop yield is leading to a rise in the demand for polyfilms in the agriculture segment of the market. Polyfilms are also being widely used across beauty and personal care, food and beverages, tobacco, and hygiene industries.
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Based on resin type, LLDPE is a key market segment. High mechanical strength, transparency, improved sealing property, glossy appearance, and low production cost are a few of the properties augmenting the demand for LLDPE. LLDPE also performs well when blended with other resins.
Global Polyfilm Market: Regional Overview
From a geographical standpoint, the global polyfilm market can be segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Asia Pacific accounts for a large share in the polyfilm market in terms of volume, owing to the fact that a majority of the polyfilm manufacturers are based in India.
China is another promising market for polyfilms in the Asia Pacific region. Companies are spending significant amounts in setting up manufacturing units in this country. Few factors such as increased health awareness, changing lifestyle, and long shelf life of the film is driving the growth of the market. Environment-friendly bio-based polyfilms are also quite popular in China; however due to their high cost, they are losing out to other cheaper alternatives available in the market.
Global Polyfilm Market: Key Markets
The report profiles some of the prominent competitors operating in the polyfilm market. It also provides insights into the threats and opportunities that the companies are expected to witness in the coming years. The players in the global polyfilm market include Max Speciality Films, Formosa Plastics Corporation, Chiripal Polyfilm, Cosmo Films, Polyplex Corporation, Uflex Limited, Taghleef Industries, Vacmet India Pvt Limited, Garware Polyester, Jindal Polyfilm, and SRF Limited.
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myoliver123stuff · 5 years ago
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BOPET Packaging Films Market Industry Growth Prospects & Trends Analysis By 2018–2025
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Market Overview:
Biaxially-oriented polyethylene terephthalate (BOPET) is a polyester film which is formed by stretched polyethylene terephthalate(PET) and it is used for its high chemical, tensile strength, and dimensional stability, transparency, reflectivity, gas and aroma barrier properties, and electrical insulation.BOPET packaging film itself is a good oxygen barrier, so it is used extensively in food & beverage packaging. Global BOPET Packaging Films Market was valued USD XX million in in 2018, the market is expected to grow with the CAGR of XX % in the forecasted period and to reach USD XX million by 2025.
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Market Dynamics:
The primary driver for the BOPET Packaging Films is growing due to increased demand for packaging which will enhance the shelf life of products. For packaging of hot fills BOPET Packaging Films are the best suitable. BOPET Packaging Films can withstand their properties at high temperatures, the temperature sensitivity is very low compared to other similar kind of packaging products. BOPET Packaging Films packaging costs very much low as compared to aluminum foil which is also used for food packaging. BOPET packaging films also used to pack cosmetics & personal care. Cosmetics have limited shelf life therefore they have to be stored properly. BOPET packaging films can also be used in pharmaceutical industry.
Key Players:
The BOPET Packaging Filmsmarket consists global and regional players including Uflex Ltd., SKC Films, Toray industries Ltd., Dupont-Teijin Films, Ester industries Ltd., Mitsubishi Polyester Film, Inc., Jindal polyfilms Ltd, Polyplex Corporation Limited and others.
Market Segmentation:
The global BOPET Packaging Films market is segmented on the basis of size, product type, end use industries, coating and region. On the basis of coatingthe BOPET Packaging Films market is classified into non-coated and coated. Based on product type the BOPET Packaging Films market is bifurcated intopouches, sachets, bags, shrink films, stretch wraps and others. Further, on the basis of end use industries the globalBOPET Packaging Films are classified into semiconductors & electronics industries, food & beverage, personal care, cosmetics, homecare, automobile industry, pharmaceutical industry and others.
BOPET Packaging Films market by region segmented into North America, Europe, Latin America, Asia-Pacific and Middle East & Africa.
Market segmented on the basis of coating: – Coated • UV treated • corona treated • chemical coated • acrylic coated • copolymer treated – Non-coated
Market segmented on the basis of end use industries: – Semiconductors & Electronics Industries – Food & Beverage – Personal Care – Cosmetics – Homecare – Automobile Industry – Pharmaceutical Industry – Others
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Market segmented on the basis of product type: – Pouches – Sachets – Bags – Shrink films – Stretch wraps – Others
Market segmented on the basis of region: – North America • US • Canada • Mexico – Europe • UK • Germany • France • Rest of Europe – Asia-Pacific • China • Japan • India • Australia • Rest of Asia-Pacific – Latin America • Brazil • Rest of Latin America – Middle East and Africa (MEA) • South Africa • Saudi Arabia • Rest of MEA
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captainrashmistuff-blog · 5 years ago
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nehasharmamine · 5 years ago
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Global Biaxially Oriented Polyester(BoPET) Market 2019 | Manufacturers In-Depth Analysis Report to 2024
The latest trending report Global Biaxially Oriented Polyester(BoPET) Market 2019-2024 added by DecisionDatabases.com
BOPET, Biaxially-Oriented Polyethylene Terephthalate, film made from PET is stretched in two different directions. The resulting film is water resistant and typically transparent. It is known for its high tensile strength, good chemical resistance, and gas and aroma barriers. It is typically used for food packaging and as a protective covering over paper.
The worldwide market for Biaxially Oriented Polyester(BoPET) is expected to grow at a CAGR of roughly 9.8% over the next five years, will reach 19600 million US$ in 2024, from 11200 million US$ in 2019.
This report focuses on the Biaxially Oriented Polyester(BoPET) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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Market Segment by Manufacturers, this report covers
 Toray
 SKC Films
 DuPont Teijin Films
 Mitsubishi
 Polyplex
 Kolon
 Jindal
 JBF
 SRF
 Terphane
 Uflex
 PT Trias Sentosa
 Polinas
 Coveme
 Jiangsu Shuangxing
 Jiangsu Xingye
 Kanghui Petrochemical
 Ouya (Cifu)
 Billion Indusrial Hildings
 Ningbo Jinyuan
 Shaoxing Weiming
 Shaoxing Xiangyu
 DDN
 Jianyuanchun
 Fuweifilm
 Qiangmeng Industry
 Jiangsu Yuxing
Market Segment by Regions, regional analysis covers
 North America (United States, Canada and     Mexico)
 Europe (Germany, France, UK, Russia and     Italy)
 Asia-Pacific (China, Japan, Korea, India     and Southeast Asia)
 South America (Brazil, Argentina,     Colombia etc.)
 Middle East and Africa (Saudi Arabia,     UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
 Universal Film
 Electrical Insulating Film
 Capacitor Film
 Laminating Film
Market Segment by Applications, can be divided into
 Packaging
 Industrial & Specialties
 Electrical
 Imaging
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The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Biaxially Oriented Polyester(BoPET) product scope, market overview, market opportunities, market driving force and market risks. Chapter 2, to profile the top manufacturers of Biaxially Oriented Polyester(BoPET), with price, sales, revenue and global market share of Biaxially Oriented Polyester(BoPET) in 2017 and 2018. Chapter 3, the Biaxially Oriented Polyester(BoPET) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Biaxially Oriented Polyester(BoPET) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019. Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019. Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019. Chapter 12, Biaxially Oriented Polyester(BoPET) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024. Chapter 13, 14 and 15, to describe Biaxially Oriented Polyester(BoPET) sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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Global Cationic Dyeable Polyester Fiber Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 @ https://www.decisiondatabases.com/ip/29150-cationic-dyeable-polyester-fiber-market-analysis-report
Global Optical Polyester Film Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 @ https://www.decisiondatabases.com/ip/40783-optical-polyester-film-industry-analysis-report
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vicky8588 · 3 years ago
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Metallized Rollstock Film Market
Market Overview:
The Global Metallized Rollstock Film Market is predicted to reach at a high CAGR during the forecast period (2021-2028)
The need for high barrier packaging contributes to metallized films development. Metallized roll stock films are available in most widely used materials and sizes, and compatible with most form-fill-seal machines. Metallized roll stock film is made up of cast polypropylene (CPP), biaxially-oriented polyethene terephthalate (BOPET) and biaxially oriented polypropylene (BOPP). These films exhibit a high barrier against oxygen and moisture and find extensive application in the manufacturing sector, particularly for product packaging which requires extended shelf life. The metallized films provide a wide variety of colours for wrapping as well as packaging choices with different sealing and barrier properties. These properties not only provide versatility in design but also increase the protection and quality of products compared to others.
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Market Dynamics:
The metallized roll stock film is gaining traction due to changing packaging scenarios in various industries. Also, the glossy look of the metallized roll stock film enhances the brand identity of the products, it also assists high printability, hence used as a branding and promotion tool for industries. The metallized roll stock films market is witnessing innovations in product development activities pertaining to packaging technology, packaging material development and chemical properties of packaging material. The increase in barrier properties of metallized roll stock film is expected to remain a prominent choice for various packaging applications. Food products manufacturers are looking for packaging formats that can enhance the shelf life of products to cater to a greater number of people in less time. Metallized roll stock film is an ideal decision to keep items from oxygen and dampness. These factors are expected to augment the global metallized roll stock film market.
However, problems related to product inspection is expected to hinder the market growth during the forecast period.
Market Segmentation:
–        By Product Type
·       BOPET Metalized Rollstock Film
·       Metallized BOPP Film
·       Metallized CPP Film
·       Polyester Film
·       Others
– By Thickness
·       Less than 10 microns
·       11 microns – 50 microns
·       51 microns – 100 microns
·       101 microns – 150 microns
·       151 microns & Above
Competitive Landscape:
The global metallized roll stock film market is fragmented in nature with the presence of many formulators. Cosmo Films, Jindal Poly Films Ltd, Uflex Ltd and Toray Plastics Inc. are key players in the market among others. Emphasis is given on the expansion, merger, acquisition and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. For instance, in August 2018, Cosmo films launched the Cast Polypropylene (CPP) metallized film with high metal bonds.
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pavanghage · 3 years ago
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Biaxially Oriented Polyester(BoPET) Market Size, Share, Development, Growth and Demand Forecast to 2025
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Biaxially Oriented Polyester(BoPET) Market is analyzed with industry experts in mind to maximize return on investment by providing clear information needed for informed business decisions. This research will help both established and new entrants to identify and analyze market needs, market size and competition. It explains the supply and demand situation, the competitive scenario, and the challenges for market growth, market opportunities and the threats faced by key players.
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A 360 degree outline of the competitive scenario of the Global Biaxially Oriented Polyester(BoPET) Market is presented by Axel Reports Market Insights. It has a massive data allied to the recent product and technological developments in the markets.
It has a wide-ranging analysis of the impact of these advancements on the market’s future growth, wide-ranging analysis of these extensions on the market’s future growth. The research report studies the market in a detailed manner by explaining the key facets of the market that are foreseeable to have a countable stimulus on its developing extrapolations over the forecast period.
Reasons for buying this report:
It offers an analysis of changing competitive scenario.
For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.
It offers seven-year assessment of Global Biaxially Oriented Polyester(BoPET)
It helps in understanding the major key product segments.
Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
It offers regional analysis of Global Biaxially Oriented Polyester(BoPET) Market along with business profiles of several stakeholders.
It offers massive data about trending factors that will influence the progress of the Global Biaxially Oriented Polyester(BoPET)
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By Market Players: Toray SKC Films DowDuPont Mitsubishi Polyplex Kolon Jindal JBF SRF Terphane Uflex PT Trias Sentosa Polinas Coveme Jiangsu Shuangxing Jiangsu Xingye Kanghui Petrochemical Ouya (Cifu) Billion Indusrial Hildings Ningbo Jinyuan Shaoxing Weiming Shaoxing Xiangyu DDN Jianyuanchun Fuweifilm Qiangmeng Industry Jiangsu Yuxing By Type Universal Film Electrical Insulating Film Capacitor Film Laminating Film By Application Packaging Industrial & Specialties Electrical Imaging
A detailed outline of the Global Biaxially Oriented Polyester(BoPET) Market includes a comprehensive analysis of different verticals of businesses. North America, Latin America, Asia-Pacific, Africa, and Europe have been considered for the studies on the basis of several terminologies.
This is anticipated to drive the Global Biaxially Oriented Polyester(BoPET) Market over the forecast period. This research report covers the market landscape and its progress prospects in the near future. After studying key companies, the report focuses on the new entrants contributing to the growth of the market. Most companies in the Global Biaxially Oriented Polyester(BoPET) Market are currently adopting new technological trends in the market.
Finally, the researchers throw light on different ways to discover the strengths, weaknesses, opportunities, and threats affecting the growth of the Global Biaxially Oriented Polyester(BoPET) Market. The feasibility of the new report is also measured in this research report.
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Table of Contents:
Global Biaxially Oriented Polyester(BoPET) Market Overview
Economic Impact on Industry
Market Competition by Manufacturers
Production, Revenue (Value) by Region
Production, Revenue (Value), Price Trend by Type
Market Analysis by Application
Cost Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Market Effect Factors Analysis
Global Biaxially Oriented Polyester(BoPET) Market Forecast
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nicolasmatamoros6675 · 4 years ago
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Snack Food Packaging Market 2020- Future Development, Manufacturers Analysis and Forecast Report
Snack food is becoming a mainstream trend that has gathered force over time and is considered as one of the most preferred form of commodities, hence snack food packaging should be attractive to buyers in order to gain their attention. Shifting preference of consumers for snack foods into meals are changing how restaurants and packaged food manufacturers market food. Packaged food manufacturers stay on top of their changing preferences and needs, mostly for health, value and quality as well. For instance, nearly 80% of consumers looks for best value products
Snack Food Packaging Market: Dynamics
The growing number of nuclear families coupled with increasing disposable incomes has unwrapped tremendous opportunities for the ready to eat snack foods which in turn driven the growth for the global snack food packaging market in the near future. The opportunity to indulge in exotic flavor options at reasonable prices, convenience and changing consumer lifestyle are the major factors that influence the growth of snack food packaging market. The consumers crave for healthier snack food products and they are unwilling to sacrifice flavor as these are now trends in the overall snack food market. Furthermore, the trend of eating snacks in between meals has led to the tremendous demand for the global snack food packaging market.
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Branding and product innovation act as a decisive factor which has provided impetus to the global snack food packaging market. Manufacturers emphasis on their product offering in order to suit the taste of the consumers and developing new alternatives to provide to geographic specific demand which has expanded their consumer base.
Innovations in the global packaging industry, such as sophisticated packaging products which are made of materials such as biaxially-oriented polypropylene (BOPP), biaxially-oriented polyethylene terephthalate (BOPET), and cast polypropylene (CPP) has led manufacturers of snack food packaging market to provide attractive and colorful packs to draw attention to consumers.
Snack Food Packaging Market: Segmentation
On the basis of material type, the global snack food packaging market is segmented into
Plastic
Paper
Metal
Others
BOPP
Polypropylene
Polyethylene
LLDPE
Polyester
Others
On the basis of packaging types, the global snack food packaging market is segmented into
Flexible Packaging
Rigid Packaging
Others
On the basis of application, the global snack food packaging is segmented into,
Bakery Snacks
Candy & confections
Savory Snacks
Nuts & Dried Fruits
Others
On the basis of end-use, the global snack food packaging market is segmented into,
Restaurants
Food truck
Full service restaurants
Quick service restaurants
catering
Snack Food Packaging Market: Region wise Outlook
In geography, the global snack food packaging market is divided into majorly five regions such as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. In the global snack food packaging market, developed countries of North America like U.S, accounts for largest market share which is attributed to the high consumption of consumers as well as stringent government regulations on the safety and the quality of the snack food products. U.S is considered as a mature market for bakery and snack foods and is projected to grow with around 4% throughout 2016 to 2020 and Europe is considered to be the second largest market in the global snack food packaging market. However, outside of the U.S the opportunity to increase the sales of snack foods is also increasing as well. Asia Pacific is expected to be primarily driven mainly by china, Japan and India in the global snack food packaging market. Latin America and Middle East & Africa are expected to witness sluggish growth over the forecast period. In Latin America, Brazil, Mexico and rest of Latin America are expected to create market opportunities for companies involved in the global snack food packaging market.
Snack Food Packaging Market: Key Players
Some of the key players who are engaged in manufacturing snack food packaging are Sonoco Products, Sealed Air Corporation, Graham Packaging Holdings, Bemis Company, American Packaging, Bryce Corporation and many others, Swiss pack private limited and many more.
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globalmarketreports · 4 years ago
Text
Global BOPET Packaging Film Market 2020 : Industry Growth, Sales Revenue, Business Strategy and Forecast by 2027
The BOPET Packaging Film Market report, at first, has given a brief understanding of the industry through basic overview. This overview includes the market definition, key applications of the product, and the recent manufacturing technology employed for such production. The global BOPET Packaging Film Market has been analyzed in detail to gain an understanding of the competitive landscape, key regional status, and recent trends noted in the relevant industry. This analysis also contains the product price margins, along with risk factors that are associated with manufacturers. The report on BOPET Packaging Film Market has explored various market dynamics that hold a significant influence during the forecast period of 2020 to 2027.
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BOPET is commonly called as Biaxially-Oriented Polyethylene Terephthalate.  BOPET is the polyester film which is made by stretching polyethylene terephthalate (PET). These films provide various benefits like tensile strength, transparency, chemical and dimensional stability, reflectivity, electrical insulation, and gas and aroma barrier properties. Food contamination is major concern in food and beverage industry, especially in retail chain.
Market Drivers
Increase in demand for advanced packaging solutions is the key driving factor which is expected to boost the global BOPET packaging film market growth. Further, increase in awareness about advantages of BOPET films will have the positive impact on global BOPET packaging film market growth. Also, increase in demand for BOPET packaging films in cosmetic industry which is expected to propel the growth of global BOPET packaging film market during this forecast period. Moreover, rise in adoption of BOPET packaging films in various industries such as packaging, industrial, electrical and electronics, imaging, and other industries will fuel the global BOPET packaging film market growth.
Market Restraints
However, availability of other products and fluctuations in raw material cost are the restraining factor which are expected to hamper the global BOPET packaging film market growth.
Market Key Players
Various key players are discussed in this report such as JBF RAK LLC, Terphane LLC, Polyplex, Fatra A.S., RETAL Industries, Futamura Chemical, SRF Limited, Jindal Poly Films, Dupont Teijin Films, Toray Plastics, and Uflex Ltd.
Market Taxonomy
By Thickness
Thin
Thick
By Coating Type
Coated
Non-coated
By Product Type
Sachets
Pouches
Bags
Shrink Films
Stretch Wraps
Others
By Application
Food & Beverages
Cosmetics
Electrical and Electronics
Industrial
Imaging
Pharmaceutical
Automotive
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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