SKU: DMCH2676 | Published On: Jan 13 2023 | Available Formats
The India BOPET Film Market is expected to grow at a high CAGR during the forecasting period (2022-2029).
Polyester or biaxially oriented polyethylene terephthalate (BOPET) is a high-performance, crystal clear thermoplastic made from ethylene glycol and dimethyl terephthalate (DMT). In comparison with other common plastic films, BOPET film has higher tensile strength, excellent dimensional stability, low moisture absorption, and good retention of physical properties over a fairly wide temperature range. It also has superior UV resistance, excellent electrical properties, good optical clarity, high gloss, and good gas barrier but only moderate moisture barrier properties. It is the ideal film for quality printing and lamination and a good choice for high-performance plastic films and sheets. It has a relatively high melting point, which makes it suitable for applications that require sterilization at high temperatures.
Metrics |
Details |
Market CAGR |
High |
Segments Covered |
By Thickness, By Feature, By Application, By End-User and By Region |
Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
Fastest Growing Region |
Asia Pacific |
Largest Market Share |
North America |
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The India BOPET Film Market is primarily driven by the rising demand for flexible packaging. The driving force for flexible packaging are factors such as the increase in demand for convenient packaging needed in the food & beverages and pharmaceutical industries. And the other factor for the growth of the BOPET film market is the rising demand for food packaging such as meat, fruits & vegetables, and others. The panels display in these electronic devices use BOPET films which indeed drives the market for BOPET films.
However, due to volatility in the prices of crude oil which is the raw material for the BOPET resins acts as a hindrance to the BOPET film market.
By geography, the India BOPET Film Market is segmented into North India, South India, West India, and East India.
North India holds the largest market share for BOPET Film due to rapid industrialization and infrastructural development activities along with the high production and sales of electrical & electronics products in the region. A developing nation like China and India has high demands for the BOPET Film market due to use in food and beverage has made North America hold most of the market share. However, West India is after North India in terms of market share of BOPET Film Market, followed by South India.
What is the India BOPET Film Market growth?
The market is growing at a High CAGR.
What is India BOPET Film Market size in 2021
The India BOPET Film Market size was valued at USD YY million in 2021.
Who are the key players in India BOPET Film Market?
Major players are Uflex Limited, SRF Limited, Polyplex, Garware Polyester Ltd., CHIRIPAL POLY FILM, Ester Industries Ltd., Filmtech Company.
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