MRRSE announces addition of new report"Bi-axially Oriented Polypropylene (BOPP) Market (Application - Food, Tapes, Tobacco) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2024"to its database
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Bi axially oriented polypropylene (bopp) market analysis, development, growth and demand forecast to 2024
1. Bi-axially Oriented Polypropylene (BOPP) Market Analysis,
Development, Growth and Demand Forecast to 2024
Report Description
Bi-axially oriented polypropylene (BOPP) is polypropylene
based film or sheet stretched across two axes in a sequential
manner. BOPP films are manufactured using tubular film and
2. stenter processes. Commercially, stenter process is preferred
to the tubular process considering the inherent advantages
such as mass production and extensive thin films. Presently,
BOPP films are available in various product forms, such as
plain BOPP films, matte BOPP films, heat sealable BOPP
films, and anti-fog BOPP films, wherein each of these films
offers varied properties that makes it suitable for usage in
wide range of applications. BOPP films are primarily
employed in the food industry for packaging of frozen food,
meat & cheese, pet food, bakery products and
confectionaries, and fresh produce. Rising demand for these
applications in various regions is likely to propel demand for
BOPP films in the near future. BOPP is also used in tapes,
tobacco packaging, gift packaging, cosmetics packaging,
3. pharmaceutical packaging, lamination, and other applications.
Flexible packaging is used in majority of these applications.
Considering the extensive growth of the global flexible
packaging market, demand for BOPP is projected to increase
significantly in the next few years. Asia Pacific dominates the
BOPP market in terms of production and demand. Countries
such as China, India, Thailand, and South Korea are expected
to be the key producers and consumers of BOPP. Growth of
the market is likely to be restrained due to fluctuation in
raw material prices, as these are dependent on crude oil
prices and supply of BOPP in the market. These factors are
projected to hamper market growth during the forecast
period. Rising demand for specialty films in the packaging
4. industry is expected to act as a major opportunity in the
BOPP market in the next few years.
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oriented-polypropylene-market
This report analyzes and forecasts the market for BOPP at the
global and regional level. The market has been forecast based
on volume (kilo tons) and revenue (US$ Mn) from 2016 to
2024, considering 2015 as the base year and historic trend
from 2013 to 2015. The study includes drivers and restraints
of the global BOPP market. It also covers impact of these
drivers and restraints on demand for BOPP during the
5. forecast period. The report also highlights opportunities in
the BOPP market at the global and regional level.
The report includes detailed value chain analysis, which
provides a comprehensive view of the global BOPP market.
Porter’s Five Forces model for the BOPP market has also
been included to help understand the competitive landscape
in the market. The study encompasses market attractiveness
analysis, wherein applications are benchmarked based on
their market size, growth rate, and general attractiveness.
The study provides a decisive view of the global BOPP
market by segmenting it in terms of applications such as
food, tapes, tobacco, and others including consumer goods,
6. labels, and other packaging. These segments have been
analyzed based on present and future trends. Regional
segmentation includes current and forecast demand in North
America, Central America Europe, Asia Pacific, South
America, and Middle East & Africa.
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The report provides the actual market size of BOPP from
2013 and estimated market size for 2016 with forecast for the
next eight years. The global market size of BOPP is provided
in terms of volume and revenue. Market volume has been
defined in kilo tons, while market revenue is in US$ Mn.
7. Market numbers are estimated based on key applications of
BOPP. Market size and forecast for numerous applications
have been provided in terms of global, regional, and country
level markets.
In order to compile the research report, we conducted in-
depth interviews and discussions with a number of key
industry participants and opinion leaders. Primary research
represented the bulk of research efforts, supplemented by
extensive secondary research. We reviewed the key players’
product literature, annual reports, press releases, and
relevant documents for competitive analysis and market
understanding. Secondary research includes a search of recent
trade, technical writing, Internet sources, and statistical data
8. from government websites, trade associations, and agencies.
This has proven to be the most reliable, effective, and
successful approach for obtaining precise market data,
capturing industry participants’ insights, and recognizing
business opportunities.
Secondary research sources that are typically referred to
include, but are not limited to company websites, annual
reports, financial reports, broker reports, investor
presentations, SEC filings, Plastemart magazine, TPE
magazine, internal and external proprietary databases, and
relevant patent and regulatory databases such as ICIS,
Hoover’s, oneSOURCE, Factiva and Bloomberg, national
government documents, statistical databases, trade journals,
9. market reports, news articles, press releases, and webcasts
specific to companies operating in the market.
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We conduct primary interviews on an ongoing basis with
industry participants and commentators to validate data and
analysis. These help validate and strengthen secondary
research findings. These also help develop the analysis team’s
expertise and market understanding.
The report comprises profiles of major companies operating in
the global BOPP market. Key players in the BOPP market are
10. Jindal Poly Films Ltd., Dunmore Corporation, Innovia Films,
BIOFILM, Taghleef Industries, Treofan Group, Vibac Group
S.p.A., Futamura Chemical Co., Ltd., Poligal S.A., Manucor
S.p.A., Uflex Ltd., Cosmos Films Ltd., Tempo Group, Polyplex
Corporation Limited, Kopafilm Elektrofolien GmbH, Rowad
Global Packaging Co. Ltd., Zubairi Plastic Bags Industry LLC,
Chemosvit A.S., Xpro India Limited, SRF Limited, Oben
Holding Group, Biaxplen Ltd. and Vitopel S.A. Market players
have been profiled in terms of attributes such as company
overview, financial overview, business strategies, and recent
developments.
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