Update on World BOPET Market Trends
- Published: July 08, 2011
NORTHAMPTONSHIRE, UK | PCI Films Consulting, a leading specialist in oriented plastic film market intelligence, publishes its “World BOPET Film Market Trends Statistical Update 2011.” Researched through April and May 2011, the report builds upon the 2010 study, bringing together global data gathered from manufacturers, users, and machinery suppliers to provide an authoritative view of the current situation, the prospect for capacity growth and pricing, and forecasts for thin and thick BOPET film markets to 2015.
The study reports: The global BOPET film shortage has eased to the point that supplies are now plentiful, and new capacity coming on stream before 2015 will ensure that the uncertainties of 2010 will not return in the short to medium term. Prices have eased considerably on the availability of extra volume from India and softening of demand, probably due to the running down of stocks built up at the end of 2010. The Indian government’s decision to ban BOPET laminate packaging will further improve supply, and substantial new investment is planned by the emerging global players based in India and China. While the thick film (>50ยต) market will continue to grow strongly, driven by developments in photovoltaic and flat screen applications, flexible packaging continues to be the main driver for the BOPET film industry, accounting for 54% of the total, and with prospects for continuing growth of around 8.5% per annum, though there will continue to be substantial regional variations in growth rate.
Data is broken down by global region and by major nations within each region. Historic and current market data includes typical selling prices; activities of the world’s BOPET producers are pinpointed with revelations of their plans for future production against clear predictions of world and regional demand growth, categorized by end-use.
The report is considered a must-read for suppliers of polyester raw materials, extrusion equipment manufacturers, manufacturers of BOPET films and their competitors (including aluminum foil and paper producers), flexible packaging converters, and major end users and brand owners. Financial institutions, it is suggested, may also find the report useful for identifying opportunities in the oriented plastics industry.
The list price for the report is €3,500, and it can be purchased by calling +44 0 1604 749001 or visiting PCI Films Consulting’s website.