BOPET (biaxially-oriented polyethylene terephthalate) is a polyester film made through a process of stretching and orienting the polymer molecules in both the machine direction and the transverse direction. It is one of the most widely used and versatile plastic film substrates in the world.
BOPET is known for its excellent strength, clarity, and heat resistance, making it ideal for a wide range of applications. It is used in food and beverage packaging, photographic film, electrical insulation, and many other industrial applications. It is also used in the manufacture of labels, solar cells, and other products.
BOPET is a global commodity, with production facilities located all around the world. Due to its versatility and low cost, it is one of the most widely used plastics in the world. In 2019, the global production of BOPET was estimated to be 9.2 million metric tons. The major producers of BOPET are located in the United States, China, India, Europe, and other parts of Asia.
The global BOPET market was valued at US$ 16470 million in 2022 and is anticipated to reach US$ 31720 million by 2029, witnessing a CAGR of 9.7% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global BOPET Market available at: https://www.themarketreports.com/report/global-bopet-market-research-report
This report aims to provide a comprehensive presentation of the global market for BOPET, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding BOPET.
The key BOPET manufacturers are Toray, SKC Films, DowDuPont, Mitsubishi, Polyplex, Kolon, Jindal, JBF, SRF, Terphane, Uflex, PT Trias Sentosa, Polinas, Coveme, Jiangsu Shuangxing, Jiangsu Xingye, Kanghui Petrochemical, Ouya (Cifu), Billion Indusrial Hildings, Ningbo Jinyuan, Shaoxing Weiming, Shaoxing Xiangyu, DDN, Jianyuanchun, Fuweifilm, Qiangmeng Industry, Jiangsu Yuxing etc. Top 3 companies occupied about 15% market share.
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