According to the recent study the biaxially oriented polyamide (BOPA) film market is projected to reach an estimated $5 billion by 2030 at a CAGR of 5.5% from 2024 to 2030. Growth in this market is primarily driven by due to the growth in food & pharmaceutical market and increasing penetration of BOPA film due to its superior mechanical strength, higher transparency, chemical resistance, and excellent gas barrier properties as compared to biaxially oriented polypropylene (BOPP) and biaxially oriented polyethylene terephthalate (BOPET) film.
Browse 113 figures/charts
and 104 tables in this 186-page report to understand trends, opportunities and
forecast in biaxially oriented polyamide (BOPA) film market by process
(sequential, simultaneous, blown), function type (barrier, safety, microporous,
and others), end use industry (food packaging, pharmaceutical packaging, other
packaging, balloon, and others), and region (North America, Europe, Asia Pacific,
and the Rest of the World).
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Lucintel forecasts that the sequential process is expected to remain the
largest segment due to low-cost, flexibility in the process while stretching,
and high production rate.
Food packaging is
expected to remain the largest end use industry; it is also expected to witness
the highest growth during the forecast period, supported by the growth in
demand for processed meat, red meat, and cheese packaging.
Asia Pacific is expected
to remain the largest market by value and volume and is also expected to
witness the highest growth over the forecast period because of growth in the
demand for food and pharmaceutical packaging, automobile, and construction
sectors due to economic expansions in India and China.
Unitika Ltd., Green Seal
Holding, Domo Chemicals, Toray, and A.J. Plast are among the major biaxially
oriented polyamide (BOPA) film providers.
This unique 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 write us at helpdesk@lucintel.com
About Lucintel
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972 636 5056
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