Know More About Changing Market Dynamics of BOPP (Biaxially Oriented Polypropylene) Film Industry – Business Strategy, Segmentation, Competitive Landscape, Market Opportunity, Size and Share (2019-2026)

About BOPP (Biaxially Oriented Polypropylene) Film

Biaxially Oriented Polypropylene, denoting a white, mechanically rugged material and has a good performance for resisting chemicals. BOPP is manufactured from polypropylene, which is extruded and stretched in both the machine direction and across machine direction and then formed the BOPP. It is widely used for producing plastic products and applied in packaging and labeling process due to the feature that is easy to coat, print and laminate so that to give the required appearance and properties for use as a packaging material, such as for fresh produce, snacks, confectionery, etc. Typically, this is called converting process, while it is normally manufactured in large rolls which are slit on slitting machines into smaller ones for applying on a packaging machine.

The report shows the BOPP (Biaxially Oriented Polypropylene) Film market is valued at approximately USD xxxx million in 2019 and is expected to generate revenue of around USD xxxx million by 2026, growing at a CAGR of roughly xxxx% from 2019 and 2026.

Market Opportunity

One of the major drivers to stimulating the global BOPP market growth is the increasing demand for BOPP applied in packaging, labeling, printing and lamination applications. Further, the growth of the market is also reliant on the global insulation business development, the flourishing momentum of the industry will somehow positively propel the BOPP market. Moreover, the application in food & beverage sector can further supplement the market expansion, since its higher strength and clarity benefits, which be a great help in effective coating and printing over snacks, frozen food, ready-to-eat meals, and etc.

Market Player

Global major suppliers of the BOPP (Biaxially Oriented Polypropylene) Film profiled in the report are as follows:

Toray Plastics

Profol

INNOVIAan

Jindal Films Americas LLC

Vibac

Treofan

SIBUR

Impex Global, LLC

MANUCOR SPA

Gettel Group

FlexFilm

Cosmo Film

FuRong

Braskem

Kinlead

FSPG

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Market Segmentation

By Type

Ÿ Food Packaging Grade

Ÿ Standard

Ÿ White & Opaque

Ÿ Heat Sealable

By Application

Ÿ Food & Beverage Packaging

Ÿ Medical & Health Care Product Packaging

Ÿ Electronics Packaging

Ÿ Cigarette Packaging

Ÿ Label

Ÿ Industrial

By Geography

Ÿ North America

u U.S.

u Canada

u Mexico

Ÿ Europe

u Germany

u France

u Italy

u Spain

u U.K.

u Nordic Countries

u Belgium

u Russia

u Rest of Europe

Ÿ Asia Pacific

u China

u India

u Australia

u Japan

u South Korea

u Australia and New Zealand

u Rest of Asia Pacific

Ÿ Latin America, Middle East & Africa

u GCC Countries

u Brazil

u Nigeria

u Argentina

u South Africa

u Others

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Here are some key trends about what you need to keep an eye out for Global BOPP (Biaxially Oriented Polypropylene) Film Market in 2019 - 2026:

1. Asia-Pacific area is leading the global market growth, accounting for a market share up to two-thirds of the total global shares. Due to the rapid growing cosmetic and food industries thus soaring large demand for flexible packaging solutions.

2. North America, the largest revenue region in the overall market, will witness substantial growth in coming years as a result of the driving power by pharmaceutical sector in the U.S. area, along with the penetration of convenient food packaging.

3.The industrial application set to make rapid strides for further triggering the market during the forecast period, credited to the growing adoption of BOPP in tapes for industrial packaging.

4. Raging competition among key players is fueling the industry expansion as well. Take Jindal Films Americas LLC, which are increasing expenditures on the sector and attracting more investment inflow to carry out its global expansion plans.

5. However, the side effect on the price may impede market growth. Since the price of BOPP is much reliant on the polypropylene’s, which have a strong correlation with crude oil, hence, any fluctuations of price in each side will cause a negative impact.

Market Analyze Period

• Base Year: 2018

• Estimated Year: 2019

• Forecast Period: 2019 to 2026

Report Key Audience

• BOPP (Biaxially Oriented Polypropylene) Film manufacturers

• Raw material suppliers of BOPP (Biaxially Oriented Polypropylene) Film

• Downstream vendors and end-users

• Traders, distributors, and resellers of BOPP (Biaxially Oriented Polypropylene) Film

• Polymer and plastic industry associations

• Chemical industry administrator, C-level executives of the industries

• Market Research and consulting firms

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