Global BOPP Films Market; by Production Process (Tubular, Tenter); By End User Vertical (Food, Pharmaceutical & Medical, Beverage, and Industrial); and Region –Analysis of Market Size, Share & Trends for 2016 – 2019 and Forecasts to 2030
Biaxially Oriented Polypropylene or BOPP films have an effective barrier to moisture and a stronger barrier to oxygen with the metalized variety. For food packaging, these properties of BOPP films play a key role for extending the shelf-life of items, thereby reducing food waste. BOPP movies have clear screen integrity due to their narrow-gauge distribution, except for barrier properties. Good heat seal efficiency, large screen windows lower the temperature of the initial seal and good machinability further improve their usefulness for retaining food quality in food packaging industries.
Fatpos Global anticipates the BOPP films market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. According to the report, Due to its surging demand for electronics, food packaging and insulating applications, the global Biaxially oriented polypropylene market will expand over the forecast period. Owing to its improved thermal insulation properties over counterparts like wax paper and cellophane, Biaxially Focused Polypropylene (BOPP) films are being used at an appreciable pace in recent times.
BOPP films Market: Segments
Global market has been segmented on the basis of production process, end user vertical, and by location. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, Mid East and Africa.
By Production process (in %), global BOPP films Market, 2019
The Tenter segment is anticipated to register XX% of the volume share and is expected to grow at a highest CAGR.
Global BOPP films Market is segmented by production process into: Tubular, Tenter
The thickness of the BOPP film formed by the tenter process ranges from 8-50 micro meters while the line production ranges from 100-550 kg / h. The double bubble method processes fairly complex film structures which the conventional tenter frame process is not completely feasible with. It results in the characteristics of balanced film by simultaneous stretching of a cooled and reheated layer. Therefore, in both ways, the film characteristics are identical, an effect that is not attainable with regular tenter frame technologies. Tenter frame processes have a performance much greater than the tubular cycle. It’s primarily used for making BOPP and BOPET films.
Global BOPP films Market: Market Dynamics
• Enhanced characteristics
BOPP films excel in their fine clarity, temperature tolerance, strength, and barrier properties; the rising use of OPP films is also bound to enhance the growth of BOPP films. They are also available in a wide variety for thickness and surface characteristics, presenting several options for their offers to the customer.
• Quality issues
Newly designed, rigid packaging demand in the packaging industry and standard and quality issues for BOPP films are key factors restricting the growth of the BOPP film market. BOPP Film Industry High Barrier Growth is limited by poor quality sealing.
Global BOPP films Market: Regions
In terms of value and volume, Asia Pacific was the largest market accounting for XX% of total market volume share in 2019
Asia Pacific led the global market for BOPP mulch films with XX% of the overall demand in 2019. With fast industrialization and urbanization, China has been the leading consumer to an improved standard of living and increasing demand for food products. The increasing demography in this region provides an enormous consumer base for FMCG goods and food & beverages, which is expected to contribute to the growth of the BOPP film industry. Changes in packaging types, advances in flexible packaging designs and increased demand for personal care products as the young population rises, are anticipated to propel the market growth for BOPP films in this region.
Global BOPP films Market: Key Players
• Cosmo Films Limited (India)
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• CCL Industries (Canada)
• Sibur Holdings (Russia)
• Inteplast Group (US)
• Uflex Ltd. (India)
• Polibak (Turkey)
• Taghleef Industries (UAE)
• Toray Industries (Japan)
• Jindal Poly Films (India)
• Zhejiang Kinlead Innovative Materials (China)
• Poligal S.A. (Spain)
• Other prominent players
Global BOPP films market report also contains analysis on:
• BOPP films Market Segments:
o By Production process:
o By end user vertical:
Pharmaceutical & Medical
• BOPP films Market Dynamics
• BOPP films Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints