The global polypropylene film market is anticipated to grow with a significant CAGR of 8.3% during the forecast period. The growth of the polypropylene film market is attributed to its increasing application in packaging owing to its lightweight property. Polypropylene films exhibit great efficiency and cost-effectiveness in comparison to other packaging plastic films. The use of polypropylene films reduces the damage of the product during the transport and changing weather conditions to a great extent. In addition to this, the use of polypropylene films can also protect products from wet weather more accurately in comparison to other polyester films. Additionally, biaxially oriented polypropylene (BOPP) films also provide protection against air pollution and toxic chemicals. This is anticipated to significantly drive the adoption of BOPP in the polypropylene films industry.
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Moreover, BOPP films are also resistant to oils, grease, and UV lights, and are difficult to puncture which will raise their application in the packaging industry. BOPP films have excellent gloss property and are high transparency. BOPP film’s several different ranges and finishes are available in the market such as matt and silk. BOPP films are wrinkle and shrink free which keeps the packaging immaculate against changes in the environment and it is also recyclable.
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Other polypropylene film’s standard application includes printing and lamination, textbook covering, extrusion coating, reverse printing, and lamination. In addition to this, polypropylene films are also used as adhesive tapes and pressure-sensitive tapes. Additionally, polypropylene films are also having some electrical applications such as cable overwrapping, capacitor manufacturing, and many more. Growth in the electric vehicle industry is expected to significantly raise the demand for the polypropylene-based capacitors in the near future. It is anticipated to provide a significant growth opportunity to the polypropylene film market during the forecast period. Some of the major companies working in the polypropylene film market include B.C. Jindal Group, CCL Industries Corp., Mitsui Chemicals Tohcello. Inc., Toray Industries, Inc., Plastchim-T, Treofan Group, Cosmo Films Ltd., and Amcor PLC.
Global Polypropylene Films Market- Segmentation
By Product Type
- Cast Polypropylene (CPP)
- Bi-Axially Oriented Polypropylene (BOPP)
By Application
- Packaging
- Capacitors Manufacturing
- Medical & Pharmaceutical
- Others (Cosmetic and Agriculture)
Global Polypropylene Films Market- Segment by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East Africa
Company Profiles
- 3B Films Pvt. Ltd.
- Amcor PLC
- BASF SE
- C. Jindal Group
- Berry Global Inc.
- CCL Industries Corp.
- Copol International Ltd.
- Cosmo Films Ltd.
- LyondellBasell Industries N.V.
- Mitsui Chemicals Tohcello. Inc.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)