Portland, OR — (SBWIRE) — 09/08/2017 — Bi-axially oriented polypropylene sheets are polypropylene based sheets that are stretched along two axes generally in a sequential manner. Bi-axially oriented polypropylene sheets are manufactured using stenter and tubular processes. The stenter process is widely preferred commercially when compared to the tubular process due to its inherent advantages that include extensive thin sheets and mass production. Currently, bi-axially oriented polypropylene sheets are available in several forms such as matte BOPP sheets, plain BOPP sheets, anti-fog BOPP sheets, and heat sealable BOPP sheets.
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The overall demand for bi-axially oriented polypropylene sheets is anticipated to be in line with the demand for flexible packaging to be consistent with the growth of the global food and beverages industry. Furthermore, bi-axially oriented polypropylene sheets are also utilized in agricultural applications such as mulching, greenhouse, irrigation & reservoir, tunnels, and silage. The construction industry serves as one of the most important applications for non-packaging applications of bi-axially oriented polypropylene sheets.
The global bi-axially oriented polypropylene sheets market has witnessed tremendous growth opportunities in the last few years. North America is expected to be the dominant region in the market. Moreover, the increasing demand for bi-axially oriented polypropylene sheets materials especially in line with the regulatory sanctions for automotive weight, along with the rising adoption of bio-plastics especially in North America and Asia-Pacific are some other key factors that drive the growth of the global market. Furthermore, the increasing demand for cakes, snacks, ready-to-eat packaged foods, breads, confectioneries, and frozen foods has brought a significant impetus in the overall demand for bi-axial oriented polypropylene sheets globally. Also, the rising demand for these sheets in labeling, packaging, lamination, and printing are also anticipated to bolster the overall growth. However, fluctuating raw material prices may hamper the growth in the foreseeable years.
The global biaxially oriented polypropylene sheets market can be segmented on the basis of application, end-user industry, and geography. On the basis of application, it is segmented into food & beverages, tapes, tobacco, and others. On the basis of end-user industry, it is segmented into construction, automotive, food & beverages, electrical & electronics, and others. On the basis of geography, it is segmented into North America, Europe, Asia-Pacific, and LAMEA.
The major players that operate in the global market are focusing on key market strategies such as mergers, acquisitions, collaborations, and partnerships. They are also focusing on strengthening their market reach in order to maintain their goodwill in the ever competitive market.
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Some of the key players in the global market include:
– Sealed Air Corporation
– Amcor Limited
– Bemis Company Inc.
– Jindal Poly Films Ltd.
– Toyobo Co. Ltd.
– AEP Industries Inc.
– Berry Plastics Group
– Saudi Basic Industries Corporation
– Toray Industries.
– This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2016 to 2023 to assist in identifying prevailing market opportunities.
– Major countries in each region are mapped according to the individual market revenue.
– The region-wise and country-wise bi-axially oriented polypropylene sheets market conditions have been comprehensively analyzed.
– This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment globally.
– An in-depth analysis of each segment of the bi-axially oriented polypropylene sheets market has been provided, to assist with prevailing market opportunities.
Bi-axially Oriented Polypropylene Sheets Market Key Segments:
By End-User Industry
– Food & Beverages
– Electrical and Electronics
– Food Packaging
– North America
o Rest of Europe
o Rest of Asia-Pacific
o South Africa
o Rest of LAMEA
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