Category : Materials And Chemicals | Published Date : Jun 2023 | Type : Press Release
The report highlights the increasing demand for convenient and lightweight flexible packaging solutions. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the biaxially oriented polyamide films market.
The biaxially oriented polyamide films market is bifurcated into type, technology, and application. Based on type, the market is segmented into specialty films and plain films. In 2022, the plain films segment dominate in the overall biaxially oriented polyamide films market. The technology segment is categorized into sequential films, simultaneous films, blown films, and others. In 2022, sequential films segment accounted for the highest market share in the biaxially oriented polyamide films market. Based on application, the market is segmented into packaging (food, confectionary, pharmaceutical, personal care products, tobacco, and others), labelling, tapes, laminations, and others. In 2022, the packaging segment dominate in the overall biaxially oriented polyamide films market.
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Report Attributes | Report Details |
By Type | Specialty Films and Plain Films |
By Technology | Sequential Films, Simultaneous Films, Blown Films, and Others |
By Application | Packaging (Food, Confectionary, Pharmaceutical, Personal Care Products, Tobacco, and Others), Labelling, Tapes, Laminations, and Others |
By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
The market is dominated by certain major companies such as Unitika Ltd., TPL Transparent Paper Ltd., and Mitsubishi Chemical Corporation have a strong market position in current market circumstances. Further, the biaxially oriented polyamide films market is expected to witness significant growth in the coming years due to the rising development of the pharmaceutical and food & beverage industries. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.