Expected Growth Prospects of BOPET Films

What Exactly Is BOPET Films?

Bit of History

Originally developed by DuPont, Imperial Chemical Industries (ICI), and Hoechst in the mid-1950s, BOPET films (Biaxially-oriented Polyethylene Terephthalate Films), also defined as PET films, are created by stretching polyethylene terephthalate (PET) in two directions to complete a more adaptable form that combines the best of both worlds. They’re made to be very light and deliver exceptional clarity by the BOPET film manufacturer. Originally developed by DuPont, Imperial Chemical Industries (ICI), and Hoechst in the mid-1950s, BOPET (Biaxially-oriented Polyethylene Terephthalate Films), also defined as PET films, are created by stretching polyethylene terephthalate (PET) in two directions to complete a more adaptable form that combines the best of both worlds. They’re made to be very light and deliver exceptional clarity.

Their reflectance, stretchability, heat resistance, electrical insulation, biochemical and structural stability, and gas and scent barrier qualities make them desirable. Furthermore, they ate a very bland diet. They are also oil and grease resistant and tough to puncture.

Market Growth

Significant usage in both packing and technological applications will increase market demand. BOPET (biaxially oriented PET film) looks to be one of the fastest-growing plastic substrates, with consumption predicted to exceed 8 billion lb in 2016, up over 2 billion lb since 2010. This is according to AMI Consulting of Bristol, U.K., in its latest research, BOPET Films—the World Market 2016.

As per data by The Business Research Company, the plastics packing films and sheets manufacturing industry, including enterprises that turn plastic polymers into packaging materials and sheets, was valued at $104 billion in 2017. By 2021, the market is predicted to increase 6% per year, reaching $131 billion. New advances in the packaging business, such as single-serving packs, upright pouches, and easy-opening packs, have aided the rise.

Issues about non-recyclable plastic bags causing pollution on coastlines and in the marine ecosystem are projected to constrain the industry, which would otherwise develop rapidly. Customers are actively reusing or recycling plastic packaging, and governments have implemented malleable waste rules. Businesses have engaged in R&D to manufacture recyclable plastic films in response to climatic concerns. Even though it accounts for less than a tenth of the total market, the biodegradable market is expanding quicker than the non-biodegradable sector, especially in industrialized nations.

There are three sectors in the plastic container films and sheet market. In 2017, polyethylene (PE) accounted for more than two-thirds of the industry, followed by biaxially-oriented polypropylene (BOPP), which accounted for just under a fifth of the total. The other section is BOPET (biaxially oriented polyethylene terephthalate). BOPET will expand at an annual rate of 8.8% from 2017 to 2021, making it the fastest-growing sector. However, from 2017 to 2021, all categories will develop faster than before 2017.

Main Advantages of BOPET Films

1. Eco-friendly and functional:

One of the main reasons for the growing acceptance of BOPET films seems to be that these meet all of the environmental criteria. Consumers now recognize the need for environmental preservation. Consequently, people actively seek sustainable characteristics in the things they purchase. BOPET films, rather than typical plastic, seem to be the best option in this case. The sheets are 100 percent recyclable and may be recycled into a variety of various goods for a variety of uses. These sheets are your most excellent chance to protect your items from air pollution and harmful chemicals out of all the solutions currently on the market.

2. More Benefits for Less Money:

Despite the many advantages Biaxially-oriented Polyethylene Terephthalate sheets provide, they are less expensive than comparable alternatives. As the most successful options, such films aid in substantial cost reduction. BOPET films, unlike other polymers, do not need to be de-laminated and are inherently UV resistant. They are regarded for providing the most satisfactory protection for items during transit and storage against external damage and severe weather conditions. This allows businesses to save money on the price of repairing damaged items. Because they are environmentally friendly, these films comply with the majority of environmental legislation across the world. 

3. It Looks and Feels Great:

BOPET sheets are not always helpful but also appealing from an aesthetic standpoint. They provide the product package with a superb finish because of their high gloss and transparency. You can check out the BOPET film supplier for an affordable purchase rate. The films are also available in various additional finishes, textures, and ranges, such as silk and matte. The most pleasing aspect is that they maintain their wrinkle-free and shrink-free properties despite extended transport times and unfavorable weather conditions. Because of the stunningly clear packaging, consumers can see what they’re purchasing, which increases their trust in the brand.

4. A Treasure Chest of Options:

BOPET films’ physical qualities may be easily changed throughout the manufacturing process to better fit packaging or product needs. This may be accomplished by adding chemicals like friction breakers (surface modifiers) or colored enhancers to the PET resin during the polymerization process. External treatment may also be used to generate a variety of surface finishes. Transparent, surface-treated, glossy, heat-sealable, metallizable, chemically coated,  green, and other types of sheets are available due to these modifications. They’re also available commercially in various lengths, thicknesses, and characteristics.

Finally, Asia-Pacific is the biggest trading partner for plastic and sheets, accounting for two-thirds of the worldwide total and the speediest of the central regions, rising at double the pace of North America year over year. Apart from BOPET, which is increasing at a phenomenal 8.4 percent per year, Western Europe, the third-largest area, is developing even more gradually than North America.  While China’s market is the biggest, accounting for two-fifths of the region’s total, India’s is expanding far quicker, at about 11% year on year. Japan’s stock market is among the world’s slowest-growing, although this is beating the nation’s 1% Growth rate.