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.
The global Biaxially Oriented Polyester(BoPET) market was 11200 million US$ in 2018 and is expected to 23500 million US$ by the end of 2025, growing at a CAGR of 9.7% between 2019 and 2025.
This report studies the Biaxially Oriented Polyester(BoPET) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Biaxially Oriented Polyester(BoPET) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
DuPont Teijin Films
PT Trias Sentosa
Billion Indusrial Hildings
By the product type, the market is primarily split into
Electrical Insulating Film
By the end users/application, this report covers the following segments
Industrial & Specialties
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Biaxially Oriented Polyester(BoPET) market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Biaxially Oriented Polyester(BoPET) market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Biaxially Oriented Polyester(BoPET) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Biaxially Oriented Polyester(BoPET) with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Biaxially Oriented Polyester(BoPET) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Biaxially Oriented Polyester(BoPET) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Biaxially Oriented Polyester(BoPET) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Biaxially Oriented Polyester(BoPET) market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.