The requirement of highly innovated polymer film with higher optical, mechanical, thermal, and physical characteristics in different industries such as packaging, electronics, and imaging drives the biaxially oriented polyethylene terephthalate market.
Portland, OR -- (SBWIRE) -- 08/30/2017 -- Biaxially-Oriented Polyethylene Terephthalate or BoPET is a polyester film used in a wide range of applications due to its high tensile strength, chemical stability, transparency, electrical insulation, gas, and aroma barrier properties. BoPET is made from stretched polyethylene terephthalate that has excellent optical, mechanical, thermal, and physical characteristics. Due to its greater resistant to gas and aroma barrier than plastics, its more preferred in food packaging industry. With the use of BoPET film in food packaging, the shelf life of the food is increased and the freshness of the food item kept intact. Due to the advance characteristics of biaxially oriented polyethylene terephthalate, it has found its way, to many industrial sectors and end-user industries.
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The requirement of highly innovated polymer film with higher optical, mechanical, thermal, and physical characteristics in different industries such as packaging, electronics, and imaging drives the biaxially oriented polyethylene terephthalate market. However, high manufacturing cost and capital investment restrains the growth of the market. Development of technology in polymerization has led to the development of more refine biaxially oriented polyethylene terephthalate with higher characteristics.
The market is segmented on the basis application and geography. By application, it is classified into packaging, insulating material, electronic and acoustical, imaging, and others (adhesive tapes, solar sails, and solar filters). By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Some of the major players analyzed in this report are Sumilon Polyester Ltd., Andritz AG, JBF Industries Ltd, Mitsubishi Polyester Film Inc., Uflex Ltd., CHIRIPAL POLY FILM, Brckner Maschinenbau GmbH & Co. KG, Polyplex Corporation Ltd, Toray Industries Inc, and POLNAS