Sellbyville, DE -- (SBWire) -- 10/26/2018 --GMI presents a most up-to-date research on "Biaxially Oriented Polyamide (BOPA) Films Market – Global Industry Analysis, Size, Share, (Plain BOPA, Specialty BOPA [Two-layered, Three-layered, Five-layered, Seven-layered]), Growth Potential, Trends Statistics, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC) and Forecast 2017 – 2024".
Biaxially Oriented Polyamide (BOPA) Films Market size will surpass USD 6 billion by 2024; according to a new research report by Global Market Insights, Inc. The superior barrier properties of BOPA films will augment its market growth in the study period. The product has excellent mechanical properties such as resistance to puncture, burst, impact, and tear. It also exhibits high abrasion as well as flex crack resistance. Stretching the film in two directions enhances its dimensional stability providing optimum performance during converting and packaging.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2173
The food & beverage sector provides a lucrative growth opportunity for the product market owing to its inimitable properties. BOPA films have a vital role in the packaging of processed food, seafood, dairy products, and others. Food & beverage application category depicted the maximum growth of over 9% CAGR and a revenue of over USD 1.5 billion in 2016. Rapid urbanization coupled with long working hours in Asia Pacific provides a rising trend in the consumption of processed and ready-to-eat food, which will surge the demand for flexible packaging material in the forthcoming period. Various government regulations pertaining to packaged food quality will augment the growth of BOPA films market.
The medical & pharmaceutical industry will escalate the BOPA films market growth due to its applications in the packaging of medical equipment such as syringe & bandages, surgical instruments, medicinal pills, etc. Low oxygen transmission rate and high resistance to organic solvents, chemicals, and gases make BOPA films a perfect packaging material for the medical & pharmaceutical sector.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2173
On application basis, the BOPA films market is categorized as medical & pharmaceuticals, electronics, food & beverage, and others, which include book lamination, household products, balloons, etc. The food & beverage sector covered over 65% of the end-use landscape and will gain by approximately 10% CAGR during the study period.
Asia Pacific is the most significant BOPA films market which is likely to account for over three-fourth of the total industry by 2024. Asia Pacific product market will gain by around 11.5% CAGR during the study period. High growth in the Asia Pacific flexible packaging market coupled with increased acceptance of the product in the packaging industries of China, Japan, and South Korea will augment the BOPA films market in this region.
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/biaxially-oriented-polyamide-bopa-films-market
Major BOPA films market players include Unitika, AdvanSix, Sojitz, Mitsubishi, Kunshan Yuncheng Plastic Industry, AMB Spa, Triton, Oben, A.J. Plast Public Company, Green Seal Holding, Cangzhou Mingzhu Plastic Company, Kuraray, Domo, Impak Films, GUNZE, NOW Plastics, Thaipolyamide, AEC Group, Transparent Paper Ltd., Idemitsu, etc.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Biaxially Oriented Polyamide (BOPA) Films Market Growing at 10% CAGR by 2024 : Sojitz Corporation, Mitsubishi Chemical Holdings America, AMB Spa, AdvanSix
Asia Pacific is the most significant Biaxially Oriented Polyamide (BOPA) Films Market which is likely to account for over three-fourth of the total industry by 2024.