BOPET films market size is expected to reach USD 13.22 Billion in 2029 from USD 10.49 Billion in 2024 at a CAGR of 4.7% during the forecast period. The report provides key insights into current BOPET films market trends, growth drivers, challenges, and opportunities shaping the market landscape. Demand for BOPET films is increasing owing to their extensive usage in packaging, industrial, and specialty markets. BOPET films have superior tensile strength, thermal resistance, and remarkable barrier properties and are hence primarily used in food packaging, electronics, and medicines. Major benefits include moisture protection, optical transparency, recyclability, and higher printability. With the increasing demand for environmentally friendly and high-performance packaging products, the BOPET films market is gaining a strong push. Technologies like high-barrier coatings and recyclable films are also propelling industry growth while adding functionality to the product.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=92671991
Thick accounted for the second largest share in the global BOPET films market
Thick BOPET film occupies the second-highest market share among BOPET films in the global market based on its additional mechanical strength, thermal stability, and barrier properties. The films exhibit extensive applications in industrial, electric, and specialty applications where performance and durability are of utmost significance. With tensile strength of 150 to 200 MPa, it will resist large stress and deformation without cracking and failure, thus having durability and delamination prevention capabilities. The market for thick BOPET films is expanding as they are finding wide use in photovoltaic backsheets, electrical insulation materials, and release liners. Their good resistance to chemicals, humidity, and thermal variations renders them a common choice in applications such as high-performance laminates, printed circuits, and imaging films.
By application, electrical & electronics accounts for the second largest share of the BOPET films market
The electrical & electronics industry holds the second-highest market share in the market for BOPET films with its exceptional mechanical, thermal, and dielectric properties of the material. It is highly demanding in applications that include capacitors, insulation, and flexible printed circuits, for which high temperature resistance, dimension stability, and electrical insulation are necessary. While demand for high-speed and miniaturized electronic gadgets keeps growing, BOPET films have evolved as a preference for flexible display, touch panel, and consumer electronics battery insulation. Additionally, their chemical robustness, mechanical strength, and excellent moisture barrier properties make them an ideal preference for protective layering in semiconductor packaging and other electronic gadgets.
Pharmaceutical accounts for the third-largest share of the BOPET films market by end-use sector
BOPET films are extensively used in pharmaceutical blister packs, pouches, and strip packaging because of their better barrier properties, tensile strength, and good chemical, oxygen, and moisture resistance. The increased global consumption of drugs driven by the aging population, rising healthcare expenditure, and expansion of generic drug production has significantly increased the demand for BOPET films in the market. The pharmaceutical industry holds the third-largest market share in the BOPET film market, spurred by growing demand for high-performance packaging materials that ensure the integrity, stability, and shelf life of medicines.
Get a Sample Copy of This Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=92671991
Europe accounts for the third largest share in the global BOPET films market
Europe has the third-largest BOPET films market share in the world, supported by high demand from sectors like packaging, electronics, automobiles, and clean energy. Strong food and beverages sector in the region, in addition to the strict sustainability mandates, has further fueled the demand for BOPET films to be used for flexible packaging applications. The emphasis on circular economy activities and recyclability has also fueled innovation in BOPET films, and companies are already creating bio-based and recyclable versions. The largest European countries, including Germany, France, and the UK, are key players in market growth due to their manufacturing sophistication as well as the focus on high-performance materials.
The report profiles key players such as Toray Industries, Inc. (Japan), UFlex Limited (India), Polyplex (India), SRF Limited (India), Jindal Poly Films Limited (India), Mylar Specialty Films (US), Mitsubishi Polyester Films GmbH (Germany), SKC (South Korea), Jiangsu Shuangxing Color Plastic New Material Co. (China), and Vacmet India Limited (India).
Toray Industries, Inc. (Japan):
Toray is a global chemical and materials leader offering high-performance fibers, resins, films, and carbon fiber composites. Operating across fibers & textiles, performance chemicals, carbon fiber materials, environment & engineering, and life sciences, the company serves automotive, electronics, healthcare, and packaging sectors, with a strong global footprint across Asia, Europe, and North America.
UFlex Limited (India):
UFlex is a leading global flexible packaging and polymer company, operating across flexible packaging and engineering activities. It offers BOPET, BOPP, CPP films, packaging laminates, inks, adhesives, and advanced packaging machinery, with 11 manufacturing facilities worldwide and presence in over 150 countries.
Polyplex (India):
Polyplex is a major global producer of polyester films, specializing in BOPET, BOPP, CPP, and PET resin. With manufacturing facilities across India, Thailand, Turkey, the USA, Europe, and Indonesia, the company serves customers in 85 countries and ranks among the top global PET film capacity holders.
Inquire Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=92671991
SRF Limited (India):
SRF is a diversified chemicals and materials company operating in specialty chemicals, fluorochemicals, technical textiles, and packaging films. It offers BOPET and BOPP films for FMCG, food, and industrial applications, with 16 manufacturing facilities across India and international markets.
Jindal Poly Films Limited (India):
Part of the B.C. Jindal Group, Jindal Poly Films is a leading manufacturer of packaging films and non-woven fabrics. Its portfolio includes BOPET, BOPP, CPP, metallized and coated films, catering to food, pharmaceutical, consumer goods, and industrial packaging applications.
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.
Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.
The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook.
Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Florida
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/bopet-films-market-92671991.html
