According to ChemAnalyst report, “Global BOPP (Biaxially Oriented Polypropylene) and BOPET (Biaxially Oriented polyethylene terephthalate) films Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global BOPP and BOPET films market has shown tremendous growth in the past five years and is anticipated to achieve a CAGR of 4.88% during the forecast period.

Increasing population and growing demand for ready to eat foods, demand from pharmaceutical industry as a packaging material, development of new technologies and increasing e-commerce activities would drive the demand for films in the forecast period.

This revolutionary technology is known to be the most economical one, with remarkable benefits such as reduced capital investments, maintenance costs, and waste treatment.Request Sample: https://www.chemanalyst.com/ChemAnalyst/RequestFormAmong various applications of films, food and beverages dominate the Global BOPP and BOPET films market.

South Asia, particularly India, seems to be the key market for chemicals as the country is seen as a generally under-supplied market with limited domestic manufacturing.

Moreover, increasing focus of the Indian government towards spreading awareness for production in India through campaigns such as MAKE IN INDIA Project would stimulate the growth of the global ABS market in the forecast period.According to ChemAnalyst report, Global BOPP and BOPET films Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, some of the major players operating global BOPP and BOPET films market are Kemira Oyj, AkzoNobel N.V., BASF SE, Dow Chemical Company, Nalco Holdings, and Ashland, Inc. etc.

The technology improves the efficiency of the manufacturing process and cuts CO2 emissions and water and electricity use.“Being directly linked to the Chemicals industry, the global BOPP and BOPET films industry has shown a robust growth alongside growing population and changing consumer preference.