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Biaxially Oriented Polyamide (bopa) Film Market Is Anticipated To Grow At A Cagr Of 5.5% During 2022-2028

The global biaxially oriented polyamide (BOPA) film market is projected to reach $5 billion by 2028, at a CAGR of 5.5% during 2022-2028. The growth of biaxially oriented polyamide (BOPA) film market is driven by increasing demand for flexible packaging due to the growth in food & pharmaceutical market and increasing penetration of BOPA film due to its superior mechanical strength, higher transparency, chemical resistance, and excellent gas barrier properties as compared to biaxially oriented polypropylene (BOPP) and biaxially oriented polyethylene terephthalate (BOPET) film.
Some of the key questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the biaxially oriented polyamide (BOPA) film market by process (sequential, simultaneous, blown), function type (barrier, safety, microporous, and others), end use industry (food packaging, pharmaceutical packaging, other packaging, balloon, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What ...
... are the business risks and threats to the biaxially oriented polyamide (BOPA) film market?
Q.4 What are some changing demands of customers in the biaxially oriented polyamide (BOPA) film market?
Q.5 What are the new developments in the biaxially oriented polyamide (BOPA) film market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this biaxially oriented polyamide (BOPA) film area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this biaxially oriented polyamide (BOPA) film market?
Emerging trends, which have a direct impact on the dynamics of the industry, include growing use of linear simultaneous stretching line (LISIM) technique and growing demand for balanced film with better dimensional stability and less shrinkage.
Market Segmentation:
Based on function, the biaxially oriented polyamide (BOPA) film market is segmented into barrier, safety, microporous, and others. The barrier segment is accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during the forecast period supported by superior protection properties, such as loss from aroma, permeation of water, increases shelf-life, maintain taste.
Asia Pacific is expected to be the largest region and is also expected to witness the highest growth over the forecast period because of growth in the demand for food and pharmaceutical packaging, automobile, and construction sectors due to economic expansions in India and China.
Key Players in the biaxially oriented polyamide (BOPA) film market are Unitika Ltd., Green Seal Holding, Domo Chemicals, Toray, and A.J. Plast.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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