This report studies the Global Biaxially Oriented Polyester (BoPET) Market status and forecast, categorizes the global Biaxially Oriented Polyester(BoPET) market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
BOPET, Biaxially-Oriented Polyethylene Terephthalate, film made from PET is stretched in two different directions. The resulting film is water resistant and typically transparent. It is known for its high tensile strength, good chemical resistance, and gas and aroma barriers. It is typically used for food packaging and as a protective covering over paper. BOPET film is mainly made from PTA and MEG. Due to its good performance, the product is widely used in many fields. Among various applications, packaging is the largest consumption field, which accounted for 61.59% share in 2015 globally.
The industry is in a rapid stage of development, especially in China. China has witnessed more and more capacity being released in the recent few years. Due to low technology barrier and wide usages, the industry is relatively fragmented in terms of manufacturers and consumers. The remarkable indicator of BOPET when purchased is its thickness. Different thickness will fit to the certain application fields. China and Korea lead the production of BOPET for the time being. The two regions contributed about 56.79% production in 2015. Toray, SKC Films, DuPont Teijin Films, etc. are leaders in the BOPET industry. In fact, many manufacturer engaged in the production of BOPET have extended their industry chain actively.
From the raw materials to the downstream products, many companies have developed related business in order to promote their business development. China and Korea lead the production of BOPET for the time being. The two regions contributed about 56.79% production in 2015. Toray, SKC Films, DuPont Teijin Films, etc. are leaders in the BOPET industry. In fact, many manufacturer engaged in the production of BOPET have extended their industry chain actively. From the raw materials to the downstream products, many companies have developed related business in order to promote their business development.
There is no doubt that PTA and MEG price fluctuations influence the price change of BOPET film largely. Also, more and more capacity of BOPET film has been released in the past few years. Downward price trend of raw materials as well as intensified competition insider the industry will drive BOPET price to go down further in the near term. Also, profit of the whole industry is predicted to show the same trend as well.
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The Biaxially Oriented Polyester (BoPET) market has been experiencing steady growth graph since past years. During the 2017-2025 timeline, the global market for Biaxially Oriented Polyester (BoPET) is expected to reflect a 1.3x increase in the revenue growth. In 2017 the global Biaxially Oriented Polyester (BoPET) market was valued at US$ 3,240 Million and by the end of the assessment year (2025), it is estimated to touch a value more than US$ 4,290 Million growing at a value CAGR of 3.6% throughout the period of forecast.
The major players covered in this report
DuPont Teijin Films
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Electrical Insulating Film
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
Industrial & Specialties
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In this study, the years considered to estimate the market size of Biaxially Oriented Polyester (BoPET) are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
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