North America BOPP Film Market to Grow at a CAGR of 4.68% by 2032 | ChemAnalyst


Posted May 10, 2023 by chemanalystreports

The North America BOPP Film market has expanded remarkably in the historic period of 2015-2022 and is expected to grow at a CAGR of 4.68% reach 1700 thousand tonnes during the forecast period and by 2032.

 
According to ChemAnalyst report, “North America BOPP Film Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, 2015-2032”, The North America BOPP Film market has expanded remarkably in the historic period of 2015-2022 and is expected to grow at a CAGR of 4.68% reach 1700 thousand tonnes during the forecast period and by 2032. Rapidly rising 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 made using polypropylene. In order to create BOPP films (Biaxially Oriented Polypropylene Films), the film is generally stretched in both machine direction and transverse direction. Due to its fair conformability, economies, and resilience to fatigue, the polypropylene film substrate makes it perfect for applications including packaging, graphics, and labelling. The film is frequently used in the food and beverage packaging industry because it has the properties like optical clarity, moisture resistant, high tensile strength, and Comparing BOPP films to other plastic films like polyester and LDPE, they have a relatively low carbon footprint. In fact, due to its environmental friendliness, BOPP film is regarded as preferred substrate after cellulose film. The market is expanding as a result of consumers in the area becoming more concerned about the environment and how product packaging affects landfills. BOPP films are used in a variety of industries, including packaging, labelling, and lamination. Given that it is used to package food products, packaging is the most lucrative industry for BOPP films. Due to their qualities, including moisture resistance, seal ability, high clarity, and graphic reduction, BOPP films are employed in food packaging with their role in extending the shelf life of food items.

Read Full Report Here: https://www.chemanalyst.com/industry-report/north-america-bopp-and-bopet-films-market-529

The increased need for ready-to-eat meals and drugs that must be sealed in flexible films are the key drivers boosting the demand for BOPP films. These films are the ideal packaging material for medications due to their oil and moisture resistance, as well as their gas barrier components. It is also expected that the region's growing e-commerce operations, which call for high-quality packaging materials, will fuel the market for BOPP films. The growing usage of films for packaging and laminating in the electrical and electronic industries has a significant impact on the film market as well. The USA is in the lead among all the other parts in terms of output.

The North America BOPP Film market is segmented based on end-use, sales channel, and region. Based on the end-user industry, the North America BOPP Film market is segmented into Food Packaging, Tobacco Packaging, Non-Food Packaging, Industrial, and Others. Among these, the Food Packaging is consuming the majority of BOPP Film and held a market share of approximately 62% in the year 2022. Properties like puncture resistance and resistance to work under a wide range of temperatures is what drives the heavy usage of BOPP films in the food industry and is likely to maintain its dominance in the forecast period.

Read Full Report Here: https://www.chemanalyst.com/industry-report/north-america-bopp-and-bopet-films-market-529

“North America BOPP Film Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, 2015-2032” Major players in the North America BOPP Film are Innovia Films Zacapu, Jindal Films Americas LLC, Biofilm S.A., Taghleef Latin America S.A., Toray Plastics (America), Inc., Inteplast ViAm Films, Inteplast ViAm Films, and Others.


“BOPP films have a number of superior qualities, including good strength, fatigue resistance, moisture resistance, low toxicity, adaptable finishing options, and adjustable transparency. The demand for BOPP Film is expected to continue to rise over the projected period as it is utilised for packaging in a number of downstream industries, including food, tobacco, non-food, and industrial. As flexible packaging becomes more prevalent in the pharmaceutical and food sector, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.



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Last Updated May 10, 2023