openPR Logo
Press release

BOPP (biaxially oriented polypropylene) Market, Competitive Market Share & Forecast, 2017 – 2024

03-16-2017 12:15 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights Inc.

BOPP (biaxially oriented polypropylene) Market, Competitive

The global (biaxially oriented polypropylene) BOPP market share was highly fragmented with top product manufacturers accounting for less than 30% of the overall industry. Some of the industry share contributors include Biaxplen Ltd., Vitopel S.A., Oben Holding Group, SRF Limited, Xpro India Limited, Chemosvit A.S., Zubairi Plastic Bags Industry LLC, Rowad Global Packaging Co. Ltd.

(Biaxially Oriented Polypropylene) BOPP Market size looks poised to exceed USD 20 billion by 2024; as per a new research report by Global Market Insights, Inc.

Escalating product demand in labelling, packaging, lamination and printing applications was the major factor propelling the global biaxially oriented polypropylene (BOPP) market size in the past few years. In 2015, the global insulation business was valued at over USD 40 billion and may surpass USD 75 billion by 2024, with estimated 5% growth. This inclination will positively influence the global business over the projected timeframe. The product is widely used in the food packaging applications due to its higher strength and clarity, which helps in convenient coating and printing over frozen food, snacks, confectionary and ready to eat meals.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1117

The global food & beverage business is witnessing inclining growth due to enhancing consumer spending pattern along with improved lifestyle dynamics. In 2005, the overall food & beverage industry generated revenue more than USD 8 trillion and crossed USD 15 trillion in 2015, this results in fueling the BOPP (biaxially oriented polypropylene) market size.

The product is widely used in the pharmaceutical and cosmetic packaging. Positive growth outlook in these sectors mainly due to increasing consumer awareness towards personal wellbeing will stimulate the global biaxially oriented polypropylene(BOPP) market size by 2024. For instance, in 2005, the global cosmetic sector generated revenue close to USD 150 billion and reached USD 210 billion in 2015. BOPP film is broadly used in packaging applications across pharmaceutical and cosmetic industries, as it helps in preserving the product characteristics including aroma. The global BOPP market size for tobacco will observe sluggish growth around 4.5%.

Petrochemical derivate such as polypropylene (PP) is the chief raw material in the BOPP (biaxially oriented polypropylene) market share and thus follows the same price dynamic forces. Oscillating petrochemical prices across the globe may negatively influence the overall BOPP market price trends by 2024. Increasing product adoption in tapes for industrial packaging due to its high strength will upsurge growth prospects for the BOPP market size participants.

Browse key industry insights spread across 112 pages with 86 market data tables & 12 figures & charts from the report, “(Biaxially Oriented Polypropylene) BOPP Market Size By Application (Food, Tapes, Tobacco), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC) Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/biaxially-oriented-polypropylene-bopp-market

In 2015, food accounted for the largest biaxially oriented polypropylene market share. BOPP is widely used in food packaging applications owing to its low cost, high barrier and durability properties. These product characteristics help in protecting the food’s aroma and freshness. Escalating package food industry, particularly due to elevating working population across the globe will boost industry share by 2024.

BOPP market for tapes generated revenue close to USD 1.5 billion. Superior mechanical and optical characteristics of BOPP tapes, makes them desirable in industrial packaging applications. It also helps in easy labelling over the packed product and assists in product differentiation.

In 2015, North America biaxially oriented polypropylene market share accounted for more than 10% of the global revenue. The regional growth will be particularly driven by strong pharmaceutical industry in the U.S. Additionally, the region is substantial contributor in package food industry. This in turn will boost product regional product penetration.

Asia Pacific accounted for the biggest (biaxially oriented polypropylene) BOPP market share. Cumulating cosmetic and food industry in China and India due to improving consumer spending pattern is the major reason fueling regional growth.

In 2015, the overall biaxially oriented polypropylene market size was fragmented with major industry players holding less than 30% of the industry share. Some prominent BOPP market share contributors are Taghleef Industries, Innovia Films, Jindal Poly Films, Vitopel S.A, Biaxplen Ltd, Xpro India, Polyplex Corporation, Cosmos Films, SRF Limited, Chemosvit A.S and Oben Holding Group.

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

29L Atlantic Avenue, Suite L 105

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release BOPP (biaxially oriented polypropylene) Market, Competitive Market Share & Forecast, 2017 – 2024 here

News-ID: 471178 • Views:

More Releases from Global Market Insights Inc.

Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Included – Dow Dupont Inc., BASF SE, Clariant AG & More
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application. The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - Walmart, Costco Wholesale Corporation, LGM Pharma
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil. Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Trends to 2024 | MFG Chemicals, Huntsman Corporation, and Stepan Company
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024. Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care. Sulfosuccinates are mainly a mild type
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/233 Top Key Players in The Market are: Graphenea S.A., Applied Graphene Materials plc, ACS

All 5 Releases


More Releases for BOPP

BOPP Labels Market : Scope And Opportunities Analysis
We live in the era of digital transformation; the consumer market has gone through a paradigm shift in the last few years. The outbreak of covid-19 pandemic has opened the digital platforms like never before. Read Report Overview- https://www.transparencymarketresearch.com/bopp-labels-market.html The number of e-commerce sites and platforms for various goods have increased since the outbreak of covid- 19 crisis, leading to increasing in manufacturing of BOPP labels to suit the product requirements of
The Bopp Films Packaging Market To Stumble Upon Innovation
Persistence Market Research (PMR) has published a new research report titled “BOPP Films for Packaging Market: Global Industry Analysis 2012 – 2016 and Forecast 2017 – 2025.” The report states that the growing demand for packaged food across the globe has propelled the need for BOPP films for packaging. As consumers across the globe are constantly gaining awareness regarding the way food products are packed, the demand for cost-effective and
Bopp Capacitor Film Market: Competitive Dynamics & Global Outlook 2025
LP INFORMATION recently released a research report on the Bopp Capacitor Film market analysis, which studies the Bopp Capacitor Film's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global “Bopp Capacitor Film Market 2020-2025” Research Report categorizes the global Bopp Capacitor Film market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players
Global BOPP Wrap Industry Research Analysis by 2020- 2025
This report also researches and evaluates the impact of Covid-19 outbreak on the BOPP Wrap industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on BOPP Wrap and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.).   Global Info Research offers a latest published report on BOPP Wrap Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a
Latest Trends in BOPP Labels Market 2020-2025
This report also researches and evaluates the impact of Covid-19 outbreak on theBOPP Labelsindustry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects onBOPP Labelsand market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.). GLOBAL INFO RESEARCHadded a newresearch report to its exhaustive repository. The research report, titled [Global and China BOPP Labels Market 2020 by Manufacturers, Type and
Global BOPP Capacitor Film Market Outlook 2019-2024
Market Research Report Store offers a latest published report on BOPP Capacitor Film Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 158 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.marketresearchreportstore.com/reports/592688/global-bopp-capacitor-film-market-outlook   The analysts forecast the global BOPP