MRFR

  Market Research Future Insights According to MRFR analysis, the global  Biaxially Oriented Polyethylene Terephthalate (BOPET) films market  is expected to register a CAGR of ~22% from 2022 to 2030 and hold a value of over USD 37 billion by 2030. Biaxially Oriented Polyethylene Terephthalate (BOPET) films are a type of  polyester  film that has been stretched in two perpendicular directions (biaxially oriented) to improve its physical and mechanical properties. BOPET films are widely used in packaging, labeling, electrical insulation, and other applications due to their excellent properties such as high tensile strength, chemical resistance, optical clarity, and barrier properties. The COVID-19 pandemic has significantly impacted the BOPET films market, mainly due to the disruption in supply chains and the reduced demand from end-use industries such as packaging and labeling. However, the increasing demand for packaged food, personal care, and pharmaceutical pr...

  Market Forecast The global biaxially oriented polyethylene terephthalate (BOPET) films market is expected to exhibit a CAGR of over 6.8 %  to reach a value of around  USD 24.8 billion  by the end of 2028. Polyethylene terephthalate (PET) films are created by forming the material into a film and then stretching it in both machine and cross directions. This film provides great clarity, stiffness, a smooth surface, chemical and abrasion resistance, and is easy to work with. BOPET films are popular because they are simple to prepare and provide an effective oxygen barrier. Ink, glue, and aluminium metallization adhere better to BOPET films. Medical devices, consumer electronics, renewable energy, and automotive, among other industries, use BOPET films. Get sample copy of report at:  https://www.marketresearchfuture.com/sample_request/10737   Regulatory Framework All materials and/or raw materials used are compliant with FDA regulations and restrictions on ind...