Bi-axially Oriented Polypropylene (BOPP) Market – Real Time Analysis & Forecast 2017 – 2025 by lilywhite · January 30 Carlos Correa Astros Jersey , 2019
The global market for bi-axially oriented polypropylene (BOPP) market is growing and one of the key factors for its growth is the high demand from labeling, packaging, printing, and lamination applications. The demand for bi-axially oriented polypropylene is also increasing from pharmaceutical and cosmetic packaging sectors. The growing inclination of consumers towards spending increasingly on personal wellbeing will help the bi-axially oriented polypropylene market to grow. The growing awareness among consumers towards food preservation is also boosting the growth of the market.
The wavering price of crude oil will negatively impact the BOPP market as polypropylene is a derivate of crude oil. On the other hand Carlos Beltran Astros Jersey , the application of BOPP as tapes in industrial packaging will drive the growth prospects of the global bi-axially oriented polypropylene market. The superior strength offered by BOPP along with high clarity are two important reasons for being preferred across industrial packaging sector. BOPP films are more flexible, a packaging solution. This ensures faster packaging and improved sealing properties, attracting several manufacturers in the food and non-food packaging industries to replace their conventional packaging materials.
Bi-axially oriented polypropylene has abilities such as reprocessing and recyclability which are further strengthening their demand in packaging applications. Metalized bi-axially oriented polypropylene adds sparkle to packaging and thus, they are much in demand for gift wrapping and decorative packaging. All these factors will ensure a continued demand for bi-axially oriented polypropylene in the period from 2017 to 2025.
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Global BOPP Market: Overview
Bi-axially oriented polypropylene (BOPP) films have been available in the global聽 market for nearly four decades and are now extensively used in place of aluminum foil Brian McCann Astros Jersey , cellophane, and waxed paper across a number of applications. Owing to their superior strength, excellent printability, clarity Andy Pettitte Astros Jersey , flatness, and light weight, BOPP films have become indispensable in the packaging industry and are used for packaging a variety of consumer products such as foods and beverages, textiles Alex Bregman Astros Jersey , garments, stationary, and textiles. The production of BOPP films is safe and energy efficient. BOPP films can be recycled and reprocessed into products for a number of new applications.
Global BOPP Market: Key Trends
The increasing use of BOPP in flexible packaging is the key driver of the global BOPP market. In the past few years, the global demand for flexible packaging has increased at a significant pace owing to demand from industries such as food and beverages Authentic Roy Oswalt Jersey , pharmaceuticals, and personal care, consequently boosting the consumption of BOPP on a global front. In the next few years as well, the thriving market for flexible packaging will boost the global uptake of BOPP.
However Authentic Preston Tucker Jersey , the fluctuating costs of crude oil, which is one of the primary raw materials for polypropylene, are expected to impact the costs of BOPP and thus the profitability of players operating in the highly competitive market.
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Global BOPP Market: Regional Analysis
The Asia Pacific market for bi-axially oriented polypropylene presently holds the dominant share in the global market, leading other regional markets by a sizeable margin. The Asia Pacific BOPP market is also expected to achieve growth at a considerable pace over the next few years owing to the high demand for BOPP in the packaging and labelling industries.
China is the leading consumer of BOPP products and is expected to account for a considerable share in the revenue of the global market throughout the report鈥檚 forecast period. In regions such as Middle East and Africa and Latin America Authentic Norichika Aoki Jersey , the demand for BOPP products is expected to rise owing to the expansion of the food and beverages industry and increased consumption of packed products.