Biaxially Oriented polyamide film, also known as BOPA film, is made of polyamide resin, which can be used for a wide range of applications especially where high barrier requirements to gas, fat and transmission of aroma are necessary. High resistance to impact puncture and pin holing. Polyamide (PA) is also known as Nylon, it is a clear and printable thermoplastic that has a relatively high melting point, exceptional strength and toughness, and good oxygen barrier properties. Nylon is ideal for cheese packaging because it has excellent oxygen barrier properties but is carbon dioxide (CO2) permeable, thus if CO2 is formed during storage it will not be trapped inside the package.    

Based on application, the bi-axially oriented polyamide films market has been divided into food packaging, pharmaceutical packaging, balloon and others. Food packaging accounted for a significant share in the global bi-axially oriented polyamide films market due to the rise in packaged food industry. Bi-axially oriented polyamide films in pharmaceutical packaging is expected to experience a high growth rate, led by developments in the pharmaceutical sector. Industrial advancements are anticipated to drive the bi-axially oriented polyamide films market during the forecast period. Bi-axially oriented polyamide films are basically used when when high mechanical strength, high melting point, transparency, and good oxygen barrier is required.

In terms of region, the global bi-axially oriented polyamide films has been distributed over Asia Pacific, North America, Europe, Middle East & Africa, and Latin America. Asia Pacific was a major market for bi-axially oriented polyamide films in 2015 and is estimated to expand due to the rising number of end use industries. The growing demand for bi-axially oriented polyamide films in the pharmaceutical sector is also likely to boost the need for bi-axially oriented polyamide films in Asia Pacific in 2015. Its applications are driven by the rise in food packaging industry. The U.S. and China are likely to constitute major shares in the bi-axially oriented polyamide films market in Asia Pacific and North America respectively due to the evolution in fabrication. The market is anticipated to witness a shift from developed countries to the developing economies of Asia due to the fewer stringent environmental regulations in the latter. China and India are projected to register a high growth rate in the bi-axially oriented polyamide films market due to the advancements in end-use sectors, technological developments, and new innovative products launched in these countries. Thus creating a huge demand for bi-axially oriented polyamide films in Asia Pacific for the forecast period.

The global demand for bi-axially oriented polyamide films is anticipated to rise significantly in the near future, thereby offering immense growth opportunities for the market. The rapid rise in demand for this product in end-use applications, competitive manufacturing costs, and high economic growth rates are propelling the bi-axially oriented polyamide films market in Asia Pacific. These factors are attracting companies to adopt expansions and R&D strategies in the region. Market players are focusing on Asia Pacific to gain substantial market shares. Producers of bi-axially oriented polyamide films have been compelled to adopt expansion and acquisition strategies to meet the global demand. Several producers are shifting their plants to countries such as China and India due to the high demand and low raw material and labor costs there. The developments in various end-use sectors in the region have fuelled the requirement for Bi-axially Oriented Polyamide Films during the forecast period.

Key players operating in the global Bi-axially Oriented Polyamide Films market are Impex Global, LLC, Green Seal Holding, Unitika Ltd, Toray, Domo Chemicals, TOYOBO Co.,LTD, Honeywell, Hyosung, Kolon Industries, Inc., Biaxis, Mf-Folien, and Zidong Chemical.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Bi Axially Oriented Polyamide Films Market

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