BOPET Film Market Size will reach to 20.6 billion USD in 2024
Biaxially oriented polyester film (BOPET film) is a plastic film stretched in both the machine direction and across machine direction. So its molecular chain is oriented in two directions like BOPP film and BOPA film. But the price of BOPET film is usually lower than BOPP film and BOPA film. The advantages of BOPET film include high mechanical strength, good performance in optical, electrical insulation, dimensional stability, chemical resistance and gas barrier. So, it is widely used in the field of packaging, building product, electrical & electronics, imaging, industrial, photovoltaic & solar, label. The packaging industry consumes more than 65% BOPET film.
The key raw materials of BOPET film is polyester resin which is polymerized by purified terephthalic acid (PTA) and ethylene glycol (MEG). This report cover the industrial chain of BOPET Film. Following are the industrial chain structure chart:
There are 38 BOPET film manufacturers covered in the report including SKC, DuPont Teijin Films, Toray, Mitsubishi Polyester Film, Uflex, PT Trias Sentosa Tbk, SRF, Jindal, Jiangsu Shenda Group, Polinas, Kolon Industries, Hyosung, Toyobo, Nan Ya Plastics, Sichuan EM Technology, Zhejiang Nanyang, Zhejiang Great Southeast Corp., Anhui Tongfeng and other 19 manufacturers. The high-end BOPET film is used in photovoltaic & solar, electrical & electronics, and imaging. This market is dominated by SKC, DuPont Teijin Films and Toray. Packaging is the low-end application of BOPET film and there are a lot of manufacturers and overcapacity for packaging film.
Global BOPET Film market size was estimated at 16.2 billion USD in 2018 and the market size will reach 20.6 billion USD in 2024, with a CAGR of 4.1%.
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