BOPET, Biaxially-Oriented Polyethylene Terephthalate, film made from PET is stretched in two different directions. The resulting film is water resistant and typically transparent. It is known for its high tensile strength, good chemical resistance, and gas and aroma barriers. It is typically used for food packaging and as a protective covering over paper.
BOPET film is mainly made from PTA and MEG. Due to its good performance, the product is widely used in many fields. Among various applications, packaging is the largest consumption field, which accounted for 61.59% share in 2015 globally.
The industry is in a rapid stage of development, especially in China. China has witnessed more and more capacity being released in the recent few years. Due to low technology barrier and wide usages, the industry is relatively fragmented in terms of manufacturers and consumers. The remarkable indicator of BOPET when purchased is its thickness. Different thickness will fit to the certain application fields. China and Korea lead the production of BOPET for the time being. The two regions contributed about 56.79% production in 2015. Toray, SKC Films, DuPont Teijin Films, etc. are leaders in the BOPET industry. In fact, many manufacturer engaged in the production of BOPET have extended their industry chain actively. From the raw materials to the downstream products, many companies have developed related business in order to promote their business development. China and Korea lead the production of BOPET for the time being. The two regions contributed about 56.79% production in 2015. Toray, SKC Films, DuPont Teijin Films, etc. are leaders in the BOPET industry. In fact, many manufacturer engaged in the production of BOPET have extended their industry chain actively. From the raw materials to the downstream products, many companies have developed related business in order to promote their business development.
There is no doubt that PTA and MEG price fluctuations influence the price change of BOPET film largely. Also, more and more capacity of BOPET film has been released in the past few years. Downward price trend of raw materials as well as intensified competition insider the industry will drive BOPET price to go down further in the near term. Also, profit of the whole industry is predicted to show the same trend as well.
According to this study, over the next five years the Biaxially Oriented Polyester(BoPET) market will register a 9.8% CAGR in terms of revenue, the global market size will reach US$ 19600 million by 2024, from US$ 11200 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Biaxially Oriented Polyester(BoPET) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Biaxially Oriented Polyester(BoPET) market by product type, application, key manufacturers and key regions and countries.
This study considers the Biaxially Oriented Polyester(BoPET) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Electrical Insulating Film
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Industrial & Specialties
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
DuPont Teijin Films
PT Trias Sentosa
Billion Indusrial Hildings
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Biaxially Oriented Polyester(BoPET) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Biaxially Oriented Polyester(BoPET) market by identifying its various subsegments.
Focuses on the key global Biaxially Oriented Polyester(BoPET) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Biaxially Oriented Polyester(BoPET) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Biaxially Oriented Polyester(BoPET) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.