Biaxially Oriented Polypropylene (BOPP) in Films and Sheets Market


Posted July 28, 2015 by MicroMktM

The global BOPP in films and sheets market was valued at $10,714.0 million in 2014, and is projected to reach $14,117.8 million by 2019, at a CAGR of 5.8% from 2014 to 2019.

 
Biaxially oriented polypropylene (BOPP) film is a polypropylene film, which is extensively used for packaging. Biaxial orientation is a process that includes heating of a cast film in order to bring it to a stretchable temperature. These films are stretched in a machine in the diagonal direction, which is carried out by the adoption of two methods, namely tenter method and bubble method. Biaxially oriented polypropylene (BOPP) films can resist UV light, and they also possess a smooth surface, good clarity, and excellent chemical and abrasion resistance properties.

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The global BOPP in films and sheets market was valued at $10,714.0 million in 2014, and is projected to reach $14,117.8 million by 2019, at a CAGR of 5.8% from 2014 to 2019. The rising demand for packaged food and pharmaceutical packaged products, for safety and hygiene reasons is one of the key factors driving the growth of the BOPP in films and sheets market. On the other hand, restricted use of non-biodegradable plastics is restraining its market growth.

Biaxially oriented polypropylene (BOPP) film is a polypropylene film, which is extensively used for packaging. Biaxial orientation is a process that includes heating of a cast film to bring it to a stretchable temperature. These films are stretched in a machine in the diagonal direction, which is carried out through two methods such as tenter method and bubble method. Biaxially oriented polypropylene (BOPP) films can resist UV light, and it also possesses ingrained properties such as smooth surface, good clarity, and excellent chemical and abrasion resistance.

By geography, the BOPP in films and sheets market is classified into North America, Europe, Asia-Pacific, and RoW. This market in the Asia-Pacific region was valued at $3,586.0 million in 2014, and is projected to reach $5,102.5 million by 2019, at a CAGR of 7.3% during the forecast period.

Based on application, the biaxially oriented polypropylene (BOPP) market is segmented into food packaging, pharmaceuticals packaging, consumer goods packaging, industrial packaging, agriculture, construction, and medical among others. Among them, the food packaging application segment accounted for the highest share of 44.5%, followed by the pharmaceutical packaging application segment that occupied a share of 7.9% in 2014.

Key players operating in the global BOPP in films and sheets market include Sealed Air Corporation (U.S.), Amcor Limited (Australia), Bemis Company Inc. (U.S.), Jindal Poly Films Ltd. (India), Toyobo Co. Ltd. (Japan), AEP Industries Inc. (U.S.), Berry Plastics Group (U.S.), Saudi Basic Industries Corporation (Saudi Arabia), and Toray Industries (Japan).


Biaxially Oriented Polypropylene (BOPP) in Films and Sheets Market: http://www.micromarketmonitor.com/market-report/biaxially-oriented-polypropylene-films-and-sheets-reports-1719379844.html
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Last Updated July 28, 2015