Global Biaxially Oriented Polyamide - nylon Film - BOPA
Market Report
2024
the global biaxially oriented polyamide (BOPA) nylon film market size was USD 1.2 billion in 2022 and will grow at a compound annual growth rate (CAGR) of 2.80% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global biaxially oriented polyamide (BOPA) nylon film market size was USD 1.2 billion in 2022 and will grow at a compound annual growth rate (CAGR) of 2.80% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Biaxially Oriented Polyamide - nylon Film - BOPA Market Sales Revenue 2022 | $ 1.2 Billion |
Global Biaxially Oriented Polyamide - nylon Film - BOPA Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.8% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Biaxially Oriented Polyamide - nylon Film - BOPA Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Biaxially oriented nylon film, also known as BOPA (biaxially oriented polyamide) films, is a form that has become popular in specialty packaging. BOPA nylon films offer outstanding mechanical strength, puncture, abrasion, and flex-crack resistance. Developing layer co-extrusion techniques is essential for BOPA nylon films' rising market possibilities. The demand for hygienic packaging is rising in many other companies, one of the main drivers fueling market revenue growth. BOPA nylon films have received widespread support from the pharmaceutical and personal care product industries. As more applications are submitted, the BOPA nylon films market's revenue prospects are anticipated to improve. Furthermore, the expansion of the global biaxially oriented polyamide (BOPA) nylon film market is also being driven by rising demand for thermoformed packaging products in both the food and non-food industries.
The biaxially oriented polyamide (BOPA) nylon film sector is expanding as a result of these advances, which enable companies to provide better-tailored products and services.
For instance, in October 2021, Retort Pouch Recyclable was introduced by Mondi plc, a well-known provider of paper and packaging. Aluminum is swapped out for a fully recyclable retort pouch solution with the help of our creative high-barrier film. Due to the comprehensive study, the mono-material solution is totally recyclable and ideally suited for producers of wet pet food.
Biaxially orientated polyamide (BOPA) films are increasingly used as flexible packaging materials, particularly in the food and beverage industry and the quickly expanding personal care products industry, which accounts for the market expansion.
According to the Environmental Protection Agency (EPA) of the United States, 14.5 million tons of packaging and plastic containers were produced in the country in 2018.
(Source:www.epa.gov/facts-and-figures-about-materials-waste-and-recycling/plastics-material-specific-data)
Furthermore, the most significant polyamide film is BOPA, a great option for demanding packaging applications. In comparison to non-oriented cast PA film, BOPA nylon film has greater stiffness, tensile strength, lower elongation, higher oxygen and aroma barriers, abrasion resistance, and resistance to flex-cracks, which makes it the perfect material for all converting processes like printing, lamination, and coating products. The BOPA nylon films market is estimated to grow positively during the projected period due to all these attributes.
Due to the required functionality, barrier, thickness, cheap cost, and expanding applications, multilayer flexible packaging has been more popular over the years than biaxially oriented polyamide (BOPA) nylon film. As the delamination process of these films is too challenging in practice, wherein the cost of recycling is higher than making a new one, recycling or disposing of these packaging films is hard and demands significant expenditure for manufacturers. When it comes to maintaining the adhesive tie layer and film after orientation, biaxially oriented polyamide (BOPA) nylon film confronts various difficulties. Furthermore, the excessive orientation of polyamide film reduces the material's resilience and occasionally causes issues during the recycling process.
The employees of manufacturing companies are currently a source of concern because they must maintain social seclusion due to infection throughout the pandemic. Essential supplies are obtained by several nations from East Asian industrial complexes. The international supply chains have been hampered and disturbed by COVID-19. Additionally, the end-use industries influence the demand for biaxially oriented polyamide (BOPA) nylon film. Thus, the demand for biaxially oriented polyamide (BOPA) nylon film did develop slowly between March 2020 and September 2021 due to a slowdown in some food industry sectors.
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In order to expand the biaxially oriented polyamide (BOPA) nylon film market reach and hold onto their position in the cutthroat industry, the big players present on the international stage concentrate on important market strategies like mergers, acquisitions, collaborations, and partnerships. By expanding their production capabilities and building new manufacturing facilities, the businesses are also attempting to strengthen their competitive advantage and market penetration.
October 2020: The Gelest, Inc. was purchased by Mitsubishi Chemical Corporation from New Mountain Capital, LLC. Mitsubishi Chemical America's subsidiary Gelest is now its sole owner. In the fields of silicones, organosilanes, metal-organics, medical devices, personal care, and life sciences, Gelest is a well-known corporation. The advanced management and expanding customer base are the foundations upon which the company was acquired.
March 2019: The second BOPA (Nylon) line from Oben Holding Group S.A.C., erected in Peru, has a production capacity of 13,000 MT annually. The company's overall BOPA capacity was enhanced with this additional expansion to 20,000 MT/year.
(Source:www.extrusion-info.com/news/1651)
Top Companies Market Share in Biaxially Oriented Polyamide - nylon Film - BOPA Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2022 and accounted for a share of more than 37% of the global revenue due to several variables. Increased demand for BOPA nylon films from the home goods and personal care industries is primarily responsible for revenue growth in North America. The biggest force behind this development, which will spur considerable investments over the next ten years, has been rising demand from the pharmaceutical industry. Additionally, the quickly growing food manufacturing, food processing, food service, and food business in the area can be partly attributed to the market expansion in the area. Furthermore, according to Cognitive Market Research, In 2022, it was predicted that the US food business would be worth more than USD 1.5 trillion. The rapid growth of the regional food and beverage industry is also anticipated to contribute to this. Additionally, the demand for specialized packaging to shield food products from oxidation, microbial attack, and moisture and extend shelf life will likely expand. The statistics show that the food and beverage sector contributed more than 4% of the GDP to the American economy in 2022.
On the other hand, Asia Pacific is anticipated to be the fastest-growing region in the biaxially oriented polyamide (BOPA) nylon film market over the forecast period. The increasing number of pharmaceutical companies, as well as rising expenditures for R&D in the biopharmaceutical sector, as well as the growth of South Asia's "pharmerging" markets, as well as the rapid advancement of biomedical science (BMS) and medical technology in the area, cold-forming film, the rising demand for thermoforming film, and other packaging technology to create next-generation pharmaceutical packaging; and the rising medical skepticism. The value of the pharmaceutical industry in China was estimated to be close to USD 85 billion in 2018, whereas the pharmaceutical industry in Japan was estimated to be close to USD 77 billion in 2018.
The current report Scope analyzes Biaxially Oriented Polyamide - nylon Film - BOPA Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Biaxially Oriented Polyamide - nylon Film - BOPA Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Biaxially Oriented Polyamide - nylon Film - BOPA Industry growth. Biaxially Oriented Polyamide - nylon Film - BOPA market has been segmented with the help of its Type, Application , and others. Biaxially Oriented Polyamide - nylon Film - BOPA market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The mechanical simultaneous stretching type of BOPA nylon films uses two or more sets of rollers spaced apart to maintain the film's thickness while preventing shrinkage during the stretching process. BOPA nylon films of this type are stretched simultaneously in both machine and transverse directions.
According to Cognitive Market Research, a biaxially oriented polyamide) (nylon film technique, LISIM Simultaneous Stretching Type, employs simultaneous stretching in both the longitudinal and transverse axes. In terms of heat resistance, rip strength, or light transmission, this enables the creation of films with superior qualities.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Biaxially Oriented Polyamide - nylon Film - BOPA Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the food industry category led the market in 2022. The rapidly expanding packaging market worldwide and the burgeoning demand for packaging by several end-use industries, particularly in the food industry for packing perishable goods like vegetables, frozen and prepared foods, agricultural, and aquatic items, are both factors that contribute to the segment's growth.
Furthermore, BOPA is primarily used for coating and packaging in the pharmaceutical business. Biaxially oriented polyamide (BOPA) nylon films are projected to become more popular as a long-lasting packaging material for various medications as the pharmaceutical industry continues to expand. Furthermore, the film has several attributes, including low-temperature sensitivity, transparency, moisture resistance, and anti-corrosion qualities, which make it ideal for the pharmaceutical industry, particularly in sterilizing operations.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Biaxially Oriented Polyamide - nylon Film - BOPA Market is witnessing significant growth in the near future.
In 2023, the Sequential Stretching Type segment accounted for noticeable share of global Biaxially Oriented Polyamide - nylon Film - BOPA Market and is projected to experience significant growth in the near future.
The Food Industry segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Green Seal Holding , Cangzhou Mingzhu and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Biaxially oriented nylon film, also known as BOPA (biaxially oriented polyamide) films, is a form that has become popular in specialty packaging. BOPA nylon films offer outstanding mechanical strength, puncture, abrasion, and flex-crack resistance. Developing layer co-extrusion techniques is essential for BOPA nylon films' rising market possibilities.
Disclaimer:
Type | Sequential Stretching Type, Mechanical Simultaneous Stretching Type, LISIM Simultaneous Stretching Type |
Application | Food Industry, Household Products, Pharmaceuticals, Electronics, Others |
List of Competitors | Green Seal Holding, Unitike, Cangzhou Mingzhu, Kolon, DOMO Chemicals, Tianjin Yuncheng Plastic Industry, Biaxis, AdvanSix, J. Plast, Toyobo, Hyosung, Mf-Folien, FSPG Hi-Tech, JK Materials, Thaipolyamide, Zidong Chemical |
This chapter will help you gain GLOBAL Market Analysis of Biaxially Oriented Polyamide - nylon Film - BOPA. Further deep in this chapter, you will be able to review Global Biaxially Oriented Polyamide - nylon Film - BOPA Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Biaxially Oriented Polyamide - nylon Film - BOPA market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Sequential Stretching Type have a significant impact on Biaxially Oriented Polyamide - nylon Film - BOPA market? |
What are the key factors affecting the Sequential Stretching Type and Mechanical Simultaneous Stretching Type of Biaxially Oriented Polyamide - nylon Film - BOPA Market? |
What is the CAGR/Growth Rate of Food Industry during the forecast period? |
By type, which segment accounted for largest share of the global Biaxially Oriented Polyamide - nylon Film - BOPA Market? |
Which region is expected to dominate the global Biaxially Oriented Polyamide - nylon Film - BOPA Market within the forecast period? |
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