BOPP Film Market Size will reach to 30.7 billion USD in 2024
Biaxially oriented polypropylene film (BOPP film) is a plastic film stretched in both the machine direction and across machine direction. So its molecular chain is oriented in two directions as compared to mono orientation of cast polypropylene film (CPP film). Due to different production method, the BOPP film is more stiff and crinkly than CPP film. BOPP film is wildly used in the field of food packaging, hygiene packaging, graphics & labelling, electronics, tobacco and industrial.
This report cover the industrial chain of BOPP Film. Following are the industrial chain structure:
Source: HDIN Research
There are 40 BOPP Film manufacturers covered in the report including Toyobo, UFLEX, Toray, SRF, Mitsui Chemicals Tohcello, Jindal, Taghleef Industries, NAN YA PLASTICS, Polinas, PT Trias Sentosa Tbk, Jiangsu Shenda Group, Treofan Group, Thai Film Industries PCL (TFI), Sibur, Sanko Holding, Vibac Group, Oben Group, Cosmo Films Ltd., Zhejiang Great Southeast Corp., Anhui Tongfeng and other 20 manufacturers. APAC produces and consumes more than 40% BOPP film. China, India, Japan and Southeast Asia occupy more than 85% market share of APAC. Europe is the second largest market of BOPP film, following by North America, MEA and South America.
Global BOPP Film market size was estimated at 23.6 billion USD in 2018 and the market size will reach 30.7 billion USD in 2024, with a CAGR of 4.5%.
Source: HDIN Research