Bi-axially Oriented Polypropylene (BOPP) Market - Detailed Analysis of Current Industry Figures with Forecasts Growth By 2025
The global market for bi-axially oriented polypropylene (BOPP) market is growing and one of the key factors for its growth is the high demand from labeling, packaging, printing, and lamination applications. The demand for bi-axially oriented polypropylene is also increasing from pharmaceutical and cosmetic packaging sectors. The growing inclination of consumers towards spending increasingly on personal wellbeing will help the bi-axially oriented polypropylene market to grow. The growing awareness among consumers towards food preservation is also boosting the growth of the market.
The wavering price of crude oil will negatively impact the BOPP market as polypropylene is a derivate of crude oil. On the other hand, the application of BOPP as tapes in industrial packaging will drive the growth prospects of the global bi-axially oriented polypropylene market. The superior strength offered by BOPP along with high clarity are two important reasons for being preferred across industrial packaging sector. BOPP films are more flexible, a packaging solution. This ensures faster packaging and improved sealing properties, attracting several manufacturers in the food and non-food packaging industries to replace their conventional packaging materials. Bi-axially oriented polypropylene has abilities such as reprocessing and recyclability which are further strengthening their demand in packaging applications. Metalized bi-axially oriented polypropylene adds sparkle to packaging and thus, they are much in demand for gift wrapping and decorative packaging. All these factors will ensure a continued demand for bi-axially oriented polypropylene in the period from 2017 to 2025.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1580
Global BOPP Market: Overview
Bi-axially oriented polypropylene (BOPP) films have been available in the global market for nearly four decades and are now extensively used in place of aluminum foil, cellophane, and waxed paper across a number of applications. Owing to their superior strength, excellent printability, clarity, flatness, and light weight, BOPP films have become indispensable in the packaging industry and are used for packaging a variety of consumer products such as foods and beverages, textiles, garments, stationary, and textiles. The production of BOPP films is safe and energy efficient. BOPP films can be recycled and reprocessed into products for a number of new applications.
Global BOPP Market: Key Trends
The increasing use of BOPP in flexible packaging is the key driver of the global BOPP market. In the past few years, the global demand for flexible packaging has increased at a significant pace owing to demand from industries such as food and beverages, pharmaceuticals, and personal care, consequently boosting the consumption of BOPP on a global front. In the next few years as well, the thriving market for flexible packaging will boost the global uptake of BOPP.
Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1580
However, the fluctuating costs of crude oil, which is one of the primary raw materials for polypropylene, are expected to impact the costs of BOPP and thus the profitability of players operating in the highly competitive market.
Global BOPP Market: Regional Analysis
The Asia Pacific market for bi-axially oriented polypropylene presently holds the dominant share in the global market, leading other regional markets by a sizeable margin. The Asia Pacific BOPP market is also expected to achieve growth at a considerable pace over the next few years owing to the high demand for BOPP in the packaging and labelling industries.
China is the leading consumer of BOPP products and is expected to account for a considerable share in the revenue of the global market throughout the report’s forecast period. In regions such as Middle East and Africa and Latin America, the demand for BOPP products is expected to rise owing to the expansion of the food and beverages industry and increased consumption of packed products.
Global BOPP Market: Market Potential
Asia Pacific being the most promising investment grounds for the BOPP industry, BOPP manufacturers are increasingly focusing on strengthening their grip on the regional market, through extension of production capacities of already present facilities or installing new ones in countries such as India and China. Cosmo Films, one of the leading companies in the global BOPP market, followed suit with its recent announcement of production capacity expansion by 40% at one of its plants in India. With this expansion, the company aims at catering to both domestic and export markets.
Get a discount @ https://www.tmrresearch.com/sample/sample?flag=D&rep_id=1580
Global BOPP Market: Competitive Analysis
The global BOPP market features an exceedingly fragmented vendor landscape, with none of the top vendors accounting for a significant share in the overall market. The presence of a large number of small and large manufacturers has led to extreme cost competitiveness in the market, which is expected to further intensify owing to the entry of a large number of local players in the near future. Large vendors will also catalyze price wars in the market through economies of scale.
Some of the leading players operating in the global BOPP market are Taghleef Indsutries, Jindal Poly Films, Vibac Group S.p.A., Vibac Group, Poligal S.A., Cosmo Films, Oben Group, Vitopel, Zubairi Plastic Bags Industry LLC, Futamura Chemical Co., Ltd., Treofan Group, Innovia Films, Manucor S.p.A., Kopafilm Elektrofolien GmbH, Rowad Global Packaging Co. Ltd., Chemosvit A.S., Dunmore Corporation, Oben Holding Group, Xpro India Limited, Cosmos Films Ltd., Uflex Ltd., Polyplex Corporation Limited, Tempo Group, SRF Limited, and Biaxplen Ltd.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
Head - Internet Marketing
This release was published on openPR.
Permanent link to this press release:
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 Bi-axially Oriented Polypropylene (BOPP) Market - Detailed Analysis of Current Industry Figures with Forecasts Growth By 2025 here
News-ID: 672462 • Views: 136
More Releases from TMR Research
Lecithin Market- Top Key Participants, In-depth Analysis, Revenue, Challenges An …
Lecithin Market: An Overview Lecithin market is increasingly expanding into new regions, thanks to rising large-scale food processing, and rising demand for cost-effective raw materials. The market remains a fragmented and competitive landscape as technical knowledge for manufacturing lecithin remains widespread. Moreover, the entry to barrier in this market are also relatively small as new players the production costs for making end-products for food mixtures remains within the grasp of several
Marula Oil Market Top Key Players, Business Overview, Revenue, Upcoming Trends t …
Global Marula Oil Market: Overview Marula oil can be separated from the bits (nuts) of the products of the Marula trees. Marula is a normal sized fruit from dioecious tree which are found in the Miombo forests of Southern Africa, West Africa. Marula oil can be extracted either from the seed of the marula natural product or from the nut hard shell and is customarily utilized over a few enterprises including,
Industrial Hemp Market In-Depth Overview, Growth Factors, Regional Analysis And …
Global Industrial Hemp Market: Overview The global industrial hemp market is projected to chart a stellar growth between 2019 and 2029, owing to an impressive CAGR (Compound Annual Growth Rate) of 14.0%. The growth is majorly attributable to rising demand for bakery products like cookies and bread. Besides, its use in a number of products like salad dressings, cooking oil, and dairy alternatives has a positive role to play too. Get Brochure
Mineral Salt Ingredients Market Industry Challenges, Business Overview and Forec …
Global Mineral Salt Ingredients Market: Overview The rising incidence of diseases related to iron-deficiency has played a key role in driving demand within the global mineral salt ingredients market. There is increasing apprehension about widespread toll of such diseases, especially in developing countries. Therefore, the efforts of governments to improve the human development index of nations have focused on improved healthcare and disease prevention. This trend has led to the production
More Releases for BOPP
Global BOPP Film Production Line Market Analysis by 2020-2025
Global Info Research offers a latest published report on BOPP Film Production Line Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global BOPP Film Production Line Concentrate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. Click to view the full report
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
Flourishing Food Industry Fueling BOPP Market
Bi-axially Oriented Polypropylene (BOPP) Market: Snapshot Packaging, especially flexible packaging, is one of the most dynamic industries today owing to its extensive application in the food and beverages, personal care, and pharmaceutical sectors. The rising demand for bi-axially oriented polypropylene (BOPP) in packaging, labeling, printing, and lamination can be primarily attributed to the booming growth in the aforementioned industries. Transparency Market Research predicts that the demand for BOPP will be in
BOPP Industry 2018: Forecast to 2025
Download Report Sample @ https://www.deepresearchreports.com/contacts/request-sample.php?name=883774 The Global BOPP Industry: 2018 Market Report is a professional and in-depth study on the current state of the BOPP Market. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The BOPP market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Complete report on BOPP market spread across 122
Bi-axially Oriented Polypropylene (BOPP) Market : Competitive Landscape by 2025
Bi-axially Oriented Polypropylene (BOPP) Market: Snapshot The global market for bi-axially oriented polypropylene (BOPP) market is growing and one of the key factors for its growth is the high demand from labeling, packaging, printing, and lamination applications. The demand for bi-axially oriented polypropylene is also increasing from pharmaceutical and cosmetic packaging sectors. The growing inclination of consumers towards spending increasingly on personal wellbeing will help the bi-axially oriented polypropylene market to
High-barrier BOPP Film Market: Opportunity Analysis and Industry Forecast
High barrier BOPP film is relative definition since the concept is strictly dependent on applications: Flexible packaging materials are the subject of this paper and shelf life requirement for the different products set the barrier properties level. High barrier BOPP films are flexible and used in a varied kind of applications such as plain films, heat sealable films, multi-layer films, metallized films, pearlized films, synthetic paper, white opaque films, label