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Biaxially Oriented Polypropylene Film (BOPP Film) Price Trend and Forecast
Biaxially Oriented Polypropylene Film (BOPP Film) Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Biaxially Oriented Polypropylene Film (BOPP Film) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Biaxially Oriented Polypropylene Film (BOPP) Price Trend for the Q1 of 2024
The Biaxially Oriented Polypropylene Film (BOPP) is a versatile and widely used packaging material known for its exceptional tensile strength, excellent optical properties, moisture barrier properties, and resistance to chemicals and oils. It is produced through a process called biaxial orientation, where the film is stretched simultaneously in both machine and transverse directions, resulting in improved strength, clarity, and stiffness compared to traditional polypropylene films.
BOPP Film Price Chart
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During the first quarter of the year 2024, the BOPP price trends were observed to be inclining for the entire period as the packaging industry exuded regularly increasing demands. A rise in crude oil prices also had a role to play in this incline. In the Indian market, the monthly average prices went from about 1419 USD/MT in January’24 to around 1517 USD/MT in March’24. This yielded an approximate 6% growth in the regional price trend for BOPP.
Analyst Insight
According to Procurement Resource, given the current supply and demand outlooks, the future projections look promising for BOPP. The market prices are expected to incline in the coming months as well.
Procurement Resource provides latest prices of Biaxially Oriented Polypropylene Film (BOPP Film). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Biaxially Oriented Polypropylene Film (BOPP) is a versatile polymer film manufactured through a biaxial orientation process involving stretching the film in both machine and transverse directions. This production method imparts exceptional mechanical properties to the film, including high tensile strength, stiffness, and dimensional stability. BOPP film is widely utilized in packaging applications due to its excellent clarity, barrier properties against moisture and chemicals, and printability. It serves as a preferred material for flexible packaging, labeling, and lamination, as well as in various industrial applications such as capacitor films and adhesive tapes, where durability and performance are paramount.
Product Details
| Report Features | Details |
| Product Name | Biaxially Oriented Polypropylene Film (BOPP) |
| HS Code: | 39202090 |
| Chemical Formula | (C3H6)n |
| Industrial Uses | Packaging, Printing and Lamination, Textiles, Tape and Adhesives, Pharmaceuticals |
| Molecular Weight | 17.031 g/mol |
| Synonyms | BOPP film, Polypropylene film, Biaxially oriented film |
| Supplier Database | Taghleef Industries LLC, SRF Limited, Toray Industries Inc., Oben Holding Group, Uflex Limited |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Process
In this, polypropylene resin pellets are extruded into a thick molten sheet. This sheet is then simultaneously stretched in both the machine direction (MD) and the transverse direction (TD) to align polymer molecules, enhancing strength and clarity. After stretching, the film undergoes heat setting to relieve internal stresses and ensure dimensional stability. Finally, the cooled film is wound into rolls for further processing.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e., government agencies, external trade bodies, and industry publications).
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