The hottest packaging market will lead BOPET film

2022-09-25
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The packaging market will drive the growth of BOPET film demand, which will lead other resin packaging films

release date: Source: Jufeng plastic editor: Yujia browsing times: 3893 copyright and disclaimer

core tip: after the ups and downs since the end of 2016, the price of BOPET ordinary film in China has not yet achieved symmetry between supply and demand in the BOPET market, and the cash flow processing fee needs to be rebalanced, The improvement and pull of the market requires more time and cooperation with the upstream. In the long run, the demand situation is resistant to decay, but in fact it will change along the inherent law

[China Packaging News] according to the tracking data of China plastic film, the price of BOPET ordinary film in China has experienced fluctuations since the end of 2016, the supply and demand of BOPET market has not yet achieved symmetry, the cash flow processing fee needs to be rebalanced, and the improvement and pull of the market requires more time and upstream cooperation. Looking at the long term, the demand situation itself will actually change along the inherent law

the demand for BOPET film in the packaging market is growing at a rate of 2.4% per year, and it is expected to increase to US $415million by 2021, surpassing other major resin packaging films. According to our tracking of the U.S. packaging film market, with the increasing demand for packaging (especially food index products and daily chemical packaging), the supply of BOPET film in North America will continue to rise

due to the better medium barrier performance and low price of pet than other resin materials, the demand for BOPET film in food packaging is expected to increase by 2.5% per year, reaching $282million in 2021. In 2016, meat, poultry, seafood and snack packaging were the main channels of BOPET film packaging, accounting for 40% of the total demand. The demand for BOPET film in the meat, poultry and seafood markets mainly includes hot food packaging and cooking bags, while the growth areas of snacks include high barrier transparent bags, nuts and potato chips bags, popcorn bags

the release of new capacity of BOPA is expected to be imminent in late 2017. At that time, the price war of BOPA will be inevitable, and the value of nobility will also become civilian price, which will greatly affect the material selection of food and daily chemical packaging enterprises. Increasing the export of nylon film will also be an important market choice for domestic BOPA film enterprises. The growth in demand for BOPET film may be limited by the competition of high barrier resins such as nylon and PVDC

these materials are relatively mature in the meat, poultry and seafood markets, and the application of BOPET film in the snack packaging field is limited. At present, the main material of snack packaging bags is still BOPP, but they are all used for surface printing. At present, the total production of BOPET in the world is only next to BOPP, which is millions of tons, while BOPA and PVDC are only hundreds of thousands of tons, which is not enough to shake the market structure of the whole packaging film. With the expansion and application of pet alumina, reinforced aluminum plating and other high barrier materials, there is still much room for growth of BOPET in the later stage

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