Global Biaxially Oriented Polyamide (Nylon) Film (BOPA) market is expected to reach 1669.07 million USD by the end of 2023 Custom Research｜Research Report｜Management Consulting｜Seminar｜Database
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QYResearch BOPA film, made of nylon 6, is used in the packaging solutions in various industries. BOPA has a very high tensile strength, anti-puncture strength, excellent flexibility, resistance, resistance, high gas and aroma barrier properties, good transparency and gloss, excellent printability, a broad operating temperature range. Therefore, BOPA film is especially suitable for the packaging of perishable foods, frozen and cooked foods, vegetables, agricultural products and aquatic products packaging, medical supplies, electronic products packaging.
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Referring to the concrete application, food industry has the largest market share, which accounted for 76.48% share in 2016. BOPA film can also be used in the household products packaging, the second largest consumption filed with the share of 16.17%. China and Japan are the major production bases of BOPA film currently. The two regions contributed about 63.43% market share in 2016. China is the largest production base of BOPA film presently. Some companies in China, like Xiamen Changsu, are actively expanding their capacity, indicating a promising demand. As for the consumption, China is also the largest consumer, who held 40.87% share in global consumption market in 2016. The follower is Japan, with the consumption volume of 52597 MT in 2016. Information revealed that Asia-Pacific will continue to be the key production and sales region of BOPA film in the coming years, providing huge support to the BOPA film industry.
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Unitika exited China market in 2016, which led to other suppliers in the industry gained greatly. Due to Unitika’s stopped production in China, the price of BOPA price surged in the year in China. With some new capacities will be released in the future, it is estimated that the global BOPA film industry will keep upward tendency with the CAGR of 1.62% during the period of 2016-2023 and to be worthy of 1669.07 million USD in 2023.
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