Transparency Market Research Biaxially Oriented Polypropylene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
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Biaxially Oriented Polypropylene Market
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Biaxially Oriented Polypropylene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 Biaxially Oriented Polypropylene (BOPP) is formed when polypropylene films are stretched and extruded in both directions, i.e., across machine direction (AMD) and machine direction (MD). This process of creating biaxial formation increased clarity and strength of the polymer. BOPP is manufactured by two methods: bubble method and tenter method. The properties of BOPP are high tensile strength, high clarity and gloss, excellent water vapor barrier, oil and grease resistant and puncture and flex-crack resistant. The applications of BOPP include packaging of food products, labeling, pressure sensitive tapes, consumer products, stationary, metalizing and pharmaceuticals. Browse Biaxially Oriented Polypropylene Market Report with Full TOC at http://www.transparencymarketresearch.com/biaxially-oriented-polypropylene-market.html Burgeoning global packaging industry is expected to drive the biaxially oriented polypropylene market. The packaging industry in developed as well as developing countries is growing as a result of an increasing consumption of consumer goods, which in turn drives the need for more sophisticated packaging. Much of this increased consumption is attributable to higher disposable incomes of the middle class in developing countries. A thriving consumer goods market indirectly boosts demand for BOPP. Further, upcoming global sporting events and an increased life expectancy are driving the packaging industry in emerging markets such as Brazil. Higher life expectancy is boosting demand in the pharmaceutical and food packaging market, which in turn is driving the BOPP market. However, price volatility in raw material prices is expected to hamper the BOPP market. Raw material used in its manufacture is polypropylene which is a crude oil derivative and hence subject to crude oil supply and price volatility. New high performance and cost effective product developments through research & development activities is expected to provide immense opportunities for the players in the BOPP market. Asia Pacific was the largest market in terms of production and consumption of biaxially oriented polypropylene. Growing flexible packaging industry and changing consumer behavior is expected to drive the market in the region. North America followed Asia Pacific in terms of consumption of BOPP. Shifting consumer preference towards flexible packaging and labeling of the consumer products is expected to fuel the market in the region. In addition, governmental regulations those imposes labeling of consumer products is further driving the market in the region. Growth in demand from Europe was moderate, but it is expected to gain momentum in the near few years. Global biaxially oriented polypropylene market is consolidated with few players present in the market. Major players are having presence across value chain with backward integration. Market players are coming up with innovative products for packaging applications. Product innovation forms the major part of business strategies for the players which requires strong research & development activities. Mergers & acquisitions are quite prominent in the market to gain regional market share. Strategic alliances are also part of business strategies for few companies. For instance, Granwell Products entered into the strategic
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alliance with Formosa Plastics Group of Taiwan. According to this alliance, Granwell Products uses BOPP manufacturing technology of Formosa Group. Further, marketing and branding are major affecting business strategies among the BOPP market players. These players adopt aggressive marketing strategies to retain or to gain market share in regional markets. Some of the key players in biaxially oriented polypropylene (BOPP) market include Innovia Films, Cosmo Films Ltd., Dunmore Corporation, Kopafilm, Ampacet Corporation, Granwell Products, Taghleed Industries, Coperion K-Tron, Vibac, Borealis AG, Arkema S.A., China National Petroleum Corporation, Du Pont, The Dow Chemical Company, SABIC, Sinopec Corp, Exxon Mobil Corporation, Formosa Plastics Group and Eni S.p.A.
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This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
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North America
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Asia Pacific
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Europe
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Rest of the World
This report provides comprehensive analysis of
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Market growth drivers
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Factors limiting market growth
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Current market trends
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Biaxially Oriented Polypropylene Market
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Market structure
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Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
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It provides a forward looking perspective on different factors driving or restraining market growth
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It provides a six-year forecast assessed on the basis of how the market is predicted to grow
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It helps in understanding the key product segments and their future
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It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
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It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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It provides distinctive graphics and exemplified SWOT analysis of major market segments
Browse Biaxially Oriented Polypropylene Market Report with Full TOC at http://www.transparencymarketresearch.com/biaxially-oriented-polypropylene-market.html
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Biaxially Oriented Polypropylene Market
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
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