Lucintel’s latest market report analyzed that BOPA film provides attractive opportunities in the packaging, automotive, construction, and electrical & electronic industries. The BOPA film market is expected to reach $3.5 billion by 2025 with a CAGR of 5.6%. In this market, sequential process is the largest segment by process, whereas food packaging is largest by end use industry. The growing use of linear simultaneous stretching line (LISIM) technique and growing demand for balanced film with better dimensional stability and less shrinkage provides strategic growth path in this market.
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Based on process, the BOPA film market is segmented into sequential, simultaneous, and blown. The sequential process segment accounted for the largest share of the market in 2020 due to low-cost, flexibility in the process while stretching, and high production rate and simultaneous process is expected to experience the highest growth in the forecast period, supported by the increasing demand for high value BOPA films for advanced applications, such as retortable pouches.
Browse in-depth TOC on “BOPA Film Market”
78 – Tables
113 – Figures
175 – Pages
The BOPA film market is marked by the presence of several big and small players. Some of the prominent players offering BOPA film include Unitika Ltd., Green Seal Holding, Domo Chemicals, and A.J. Plast are among the major suppliers of BOPA film.
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