According to
a new market report published by Lucintel, the future of the BOPET film market
looks attractive with opportunities in the packaging, industrial, and
electrical & electronics industries. The global BOEPT film market is expected
to reach an estimated $25.7 billion by 2023 with a CAGR of 6.1% from 2018 to
2023. The major growth drivers for this market are increasing demand for flexible
packaging and growth in the flat panel display market.
In this
market, thin and thick BOPET films are used to provide barrier, safety,
decorative, and electrical insulation to various end use industries. Lucintel
forecasts that thin film is expected to remain the largest segment, and witness
the highest growth over the forecast period due to increasing demand in the food
and pharmaceutical packaging markets.
Within the BOPET
film market, packaging will remain the largest end use industry, and it is also
expected to witness the highest growth due to the increasing demand for food,
personal care, and pharmaceutical packaging.
Asia Pacific
is expected to remain the largest market by value and volume, and also witness
the highest growth over the forecast period due to the growth in flexible
packaging, and increasing demand for flat panel displays, printed circuit boards,
and solar back sheets.
Emerging trends, which have a direct impact
on the dynamics of the industry, include the development of bio-degradable and
water-soluble films, and increasing use in the weather resistant layer of PV
cell modules. DuPont Teijin Films, Toray, Polyplex, Jindal Poly House, SKC
Films, Uflex, Mitsubishi Film, Kolon Industries, and AJ Plast are among the
major suppliers of BOPET film.
Lucintel, a
leading global strategic consulting and market research firm, has analyzed growth opportunities in the
global BOPET film market by end use industry, thickness, function, and region.
Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global
BOPET Film Market 2018-2023: Trends, Forecast, and Opportunity Analysis.” The
Lucintel report serves as a catalyst for growth strategy as it provides a
comprehensive data and analysis on trends, key drivers, and directions. The
study includes a forecast for the global BOPET film market by end use industry,
thickness, function, and region as follows:
By End Use Industry [Volume (Kilotons) and $M
shipment analysis for 2012 – 2023]:
- Packaging
- Industrial
- Electrical and Electronics
- Magnetic Media
- Imaging
By Function
[Volume (Kilotons) and $M shipment analysis for 2012 – 2023]:
- Barrier
- Safety
- Decorative
- Microporous
- Others
By Thickness
[Volume (Kilotons) and $M shipment analysis for 2012 – 2023]:
- Thin
- Thick
By Region [Volume (Kilotons) and $M shipment
analysis for 2012 – 2023]:
·
North America
−
US
−
Canada
−
Mexico
·
Europe
−
Germany
−
Italy
−
France
−
Spain
·
Asia Pacific
−
China
−
India
−
South Korea
−
Japan
·
The Rest of the World
This
193-page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com. Lucintel
offerings include Chemical
Market Research Reports, Chemical
Industry Analysis Report, Opportunity
Screening and Analysis, Strategic
Growth Consulting and Capital
Investment Analysis.
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision-makers in a variety of industries. For
further information, visit www.lucintel.com.
This
report answers following 11 key questions:
Q.1 What are some of the most promising
potential, high-growth opportunities for the global BOPET film market by thickness
(thin and thick), end use industry (packaging, industrial, electrical and
electronics, and others), function (barrier, safety, decorative, microporous,
and others), and region (North America, Europe, Asia Pacific, and the Rest of
the World)?
Q. 2 Which segments will grow at a faster pace
and why?
Q.3 Which regions will grow at a faster pace
and why?
Q.4 What are the key factors affecting market
dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to
the market?
Q.6 What are emerging trends in this market
and the reasons behind them?
Q.7 What are some changing demands of
customers in the market?
Q.8 What are the new developments in the
market? Which companies are leading these developments?
Q.9 Who are the major players in this market?
What strategic initiatives are being implemented by key players for business
growth?
Q.10 What are some of the competitive products
and processes in this area and how big of a threat do they pose for loss of
market share via material or product substitution?
Q.11 What M & A activities have taken
place in the last 5 years in this market?
