BOPA films Market 2019 to 2024, key industry players & growth trends

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BOPA films Market Growth Outlook with Industry
Review and Forecast 2019-2024
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Global Market Scenario of BOPA films Industry

• The medical pharmaceutical industry will
  escalate the BOPA films market growth due to its
  applications in the packaging of medical
  equipment such as syringe bandages, surgical
  instruments, medicinal pills, etc. Low oxygen
  transmission rate and high resistance to organic
  solvents, chemicals, and gases make BOPA films a
  perfect packaging material for the medical
  pharmaceutical sector.
• Biaxially Oriented Polyamide (BOPA) Films will
  surpass USD 6 billion by 2024 according to a new
  research report. Biaxially Oriented Polyamide
  (BOPA) films are manufactured by stretching
  polyamide films in the machine and transverse
  direction. Biaxial orientation of the film
  imparts unique characteristics such as superior
  mechanical strength, dimensional stability, and
  resistance against burst, impact, aroma, and gas.
  
• The product exhibits glossy and transparent
  surface, which provides an aesthetic look for
  packaging purposes. BOPA films are gaining
  popularity as a high-performance packaging
  material among other biaxially oriented films
  used in the flexible packaging of food
  beverage, medical pharmaceutical, and
  electronics and household products.

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Continue-

• The food beverage sector provides a lucrative
  growth opportunity for the product market owing
  to its inimitable properties. BOPA films have a
  vital role in the packaging of processed food,
  seafood, dairy products, and others. Food
  beverage application category depicted the
  maximum growth of over 9 CAGR and a revenue of
  over USD 1.5 billion in 2016.
• Rapid urbanization coupled with long working
  hours in Asia Pacific provides a rising trend in
  the consumption of processed and ready-to-eat
  food, which will surge the demand for flexible
  packaging material in the forthcoming period.
  Various government regulations pertaining to
  packaged food quality will augment the growth of
  BOPA films market.

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360 Industry Analysis

• Asia Pacific will be profitable for the growth
  and will account for more than 75 of the overall
  market in the coming years. Trending demand for
  BOPA films with the growing endorsement of the
  product in the packaging sector in developing
  countries will drive market growth.
•  

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• Competitive Analysis
• The key participants in the BOPA films industry
  are Mitsubishi, Unitika, AMB Spa, A.J. Plast
  Public Company, Advansix, Green Seal Holding,
  Kuraray, Sojitz, Domo, NOW Plastics, Idemitsu,
  Kunshan Yuncheng Plastic Industry, Thaipolyamide,
  GUNZE, Impak Films, and AEC Group.

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