Global Biaxial Oriented (BO) Film Market Overview:
Biaxial oriented (BO) film is used in both machine and transverse directions which generate the molecular chain orientation in two directions. It is developed by stretching polypropylene film in both machine direction and transverse direction. It is widely used in packaging, labeling, and lamination application in products like biscuits, bakery, snacks, dried food, toiletries products. In food packaging, it is used for its properties like scalability, moisture barrier, graphic reproduction, etc.
- Need for Plastic Film with Strength and Transparency in Industrial Application
- Demand for the Film Because of its Highly Effectiveness in Food Packaging and Lamination
- Popularity of Biaxial Oriented (BO) Film in Biscuits, Bakery, and Confectionery Products
- Complexities and Complications Involved in Biaxial Oriented (BO) Film Application
- Surging Demand for the Environmentally Friendly Biaxial Oriented (BO) Film in Various Industry
- Stringent Regulatory Guidelines on the Biaxial Oriented (BO) Film
Some of the key players profiled in the report are DuPont de Nemours, Inc., (United States), Mitsubishi Motors Corporation (Japan), Toray Industries, Inc. (Japan), FlexFilms (United States), Treofan Group (Germany), Innovia Films (CCL Industries) (United Kingdom), Poligal. S.A. (Spain), Cosmo Films Ltd. (India) and Jindal Poly Films Limited (India). Considering Market by , the sub-segment i.e. will boost the Biaxial Oriented (BO) Film market.
Latest Market Insights:
On 11th November 2020, Dow Packaging and Specialty Plastics have introduced a new range of tenter frame, biaxially-oriented polyethylene (TF-BOPE) materials for linear low, medium, and high-density packaging films. According to the company, these solutions enable customers to use printable, tough, stiff, and visually appealing BOPE films to produce resource-efficient, mono-material packaging that is designed for recyclability.
On 17th March 2020, Innovia Films has launched Rayoface mBoss, a new Biaxially Oriented Polypropylene (BOPP) film. According to the company, its new film has been specially engineered to offer long-lasting premium embossing performance
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Biaxial Oriented (BO) Film market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Biaxial Oriented (BO) Film market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Biaxial Oriented (BO) Film Manufacturers, Biaxial Oriented (BO) Film International Traders, Biaxial Oriented (BO) Film Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.