Lucintel's latest market report analyzed that biaxially oriented polyethylene terephthalate (BOPET) film provides attractive opportunities in the packaging, industrial, and electrical & electronics industries. The biaxially oriented polyethylene terephthalate (BOPET) film market is expected to reach $28.1 billion by 2027 with a CAGR of 5.4%. In this market, thin film is the largest segment by thickness, whereas packaging is largest by end use industry. The development of bio-degradable and water-soluble films and increasing use in the weather resistant layer of PV cell modules provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/bopet-films-market.aspx Based on thickness, the biaxially oriented polyethylene terephthalate (BOPET) film market is segmented into thin and thick. The thin film segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to increasing demand in the food and pharmaceutical packaging markets.
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The Biaxially Oriented Polyethylene Terephthalate (BOPET) Film Market is marked by the presence of several big and small players. Some of the prominent players offering biaxially oriented polyethylene terephthalate (BOPET) film include Mitsubishi Plastics, Toray, DuPont Teijin Films, Jindal Poly Films Ltd., Uflex Limited, Aj Plast, Kolon.
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