Lucintel Forecasts the Global Biaxially Oriented Polyethylene Terephthalate (BOPET) Film Market to Reach $26 Billion by 2030
Lucintel Forecasts the Global Biaxially Oriented Polyethylene Terephthalate (BOPET) Film Market to Reach $26 Billion by 2030
Blog Article
According to the recent study the global Biaxially Oriented Polyethylene Terephthalate (BOPET) Film Market is projected to reach an estimated $26 billion by 2030 from $17 billion in 2023 at a CAGR of 7% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for flexible packaging and growth in the flat panel display market.
Browse 135 figures/charts and 113 tables in this 193-page report to understand trends, opportunities and forecast in global biaxially oriented polyethylene terephthalate (BOPET) film market by thickness (thin and thick), end use industry (packaging, industrial, electrical and electronics, magnetic media, and imaging), function (barrier, safety, decorative, microporous, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that thin film is expected to remain the largest segment, and witness the highest growth over the forecast period due to increasing demand in the food and pharmaceutical packaging markets.
Packaging will remain the largest end use industry, supported by increasing demand for food, personal care, and pharmaceutical packaging. The electrical and electronics end use market is expected to witness the highest growth due to growth in PCB and electrical insulation markets.
Asia Pacific is expected to remain the largest market by value and volume, and also witness the highest growth over the forecast period due to growth in flexible packaging and increasing demand for flat panel displays, printed circuit boards, and solar back sheets.
Mitsubishi Plastics, Toray, DuPont Teijin Films, Jindal Poly Films Ltd., Uflex Limited, Aj Plast, and Kolon are the major suppliers in the biaxially oriented polyethylene terephthalate (BOPET) film market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Lucintel
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Email: roy.almaguer@lucintel.com
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