FMI’ Analyst view: “Circling Sustainability: The Resilient Rise of Returnable Plastic Crates in Market Dominance”

The returnable plastic crate market size is projected to be worth US$ 1.7 billion in 2023. The market is likely to reach US$ 2.9 billion by 2033. The market is further expected to surge at a CAGR of 5.4% during the forecast period 2023 to 2033.

Key Market Trends and Highlights:
In some regions, government regulations and industry standards promote the use of returnable packaging to reduce environmental impact. Compliance with these regulations can create opportunities for the market. Innovations in plastic materials and crate design have improved the durability and functionality of returnable plastic crates. RFID and tracking technologies have also enhanced the management of returnable packaging systems. The ability to customize returnable plastic crates to suit specific product requirements and branding needs has become a trend. The flexibility makes them attractive to a wide range of industries. The growth of industries such as agriculture, automotive, and retail, which rely on efficient transportation and storage of goods, creates opportunities for the returnable plastic crate market.

Returnable Plastic Crate Market Key Drivers:
• Growing environmental awareness and a shift towards sustainable packaging solutions have driven the adoption of returnable plastic crates. The crates are reusable, reducing the need for single use packaging and contributing to waste reduction.
• Companies have recognized the economic benefits of using returnable plastic crates. The long term cost savings in terms of reduced packaging expenditure and waste disposal costs make them an attractive option, while the initial investment may be higher than disposable alternatives.
• Returnable plastic crates are designed to optimize supply chain and logistics operations. They are stackable, durable, and lightweight, making them ideal for transporting goods efficiently, reducing transportation costs, and minimizing product damage.
• In industries such as agriculture, food processing, and pharmaceuticals, returnable plastic crates offer advantages in terms of cleanliness and food safety. They are easy to clean and sanitize, reducing the risk of contamination.Challenges in the Returnable Plastic Crate Market: 

• The upfront cost of purchasing returnable plastic crates can be higher than that of single use packaging options, which may deter cost conscious businesses from making the switch.
• Some industries and businesses may not be fully aware of the benefits and cost savings associated with returnable plastic crates, leading to a lack of adoption.
•  Established supply chain practices and reliance on traditional packaging may create resistance to change, making it challenging for businesses to transition to returnable plastic crates.
• A lack of standardized crate sizes and designs can complicate the adoption of returnable plastic crates, as businesses may struggle to find compatible systems or may incur additional costs for customization Country wise Insights.

Environmental Regulations Driving the Market in the United States The returnable plastic crate market in the United States expected to expand at a CAGR of 2.8% through 2033. The increasing emphasis on sustainability and environmental responsibility has driven the adoption of returnable plastic crates in the United States. Businesses are looking for eco-friendly alternatives to single use packaging, and returnable plastic crates align with these objectives by reducing waste and promoting circular economy principles. The country has various environmental regulations and policies at the federal, state, and local levels that encourage businesses to reduce their carbon footprint and promote sustainable practices. The regulations can drive companies to explore returnable plastic crate solutions.

Efficient logistics and supply chain management have become essential in the modern business landscape. Returnable plastic crates are designed to optimize transportation, reduce shipping costs, and minimize product damage, making them attractive for companies looking to enhance their supply chain operations. Government Initiatives to Accelerate Market Growth in the United Kingdom The returnable plastic crate market in the United Kingdom is anticipated to expand at a CAGR of 4.4% through 2033.

The United Kingdom has been actively promoting sustainability and environmental responsibility. Returnable plastic crates are considered a more eco-friendly option compared to single use packaging, which aligns with the efforts of the country to reduce waste and promote circular economy principles.The government in the country has shown a commitment to creating a circular economy by encouraging the use of recyclable and reusable packaging. Returnable plastic crates support these initiatives by reducing the need for disposable packaging. Stringent environmental regulations and policies in the country push companies to adopt more sustainable practices. Businesses are encouraged to explore packaging solutions like returnable plastic crates to meet these regulatory requirements.

Agriculture and Horticulture Industries Fueling the Market in India:
The returnable plastic crate market in India is poised to expand at a CAGR of 6.5% through 2033. The agriculture and horticulture industries in India have seen increased adoption of returnable plastic crates for the transportation of fruits, vegetables, and other produce. The crates help protect perishable goods and extend their shelf life. The growth of organized retail and eCommerce in India has increased the demand for durable packaging solutions. Returnable plastic crates are well suited for product transport and storage in these sectors. While there may be an initial investment in acquiring returnable plastic crates, businesses can achieve long term cost savings by reducing packaging expenses and waste disposal costs. The ability to customize returnable plastic crates to meet specific product requirements and branding needs is attractive to businesses looking to establish their identity and cater to specific market demands.

Cost Efficiency Spearhead the Market in China:
Returnable plastic crate trends in China are taking a turn for the better. A 5.9% CAGR is forecast for the country from 2023 to 2033. Returnable plastic crates are designed to enhance supply chain efficiency. They are stackable, lightweight, and durable, reducing transportation costs and minimizing product damage. While there may be an initial investment in acquiring returnable plastic crates, businesses in China can achieve long term cost savings by eliminating the need for single use packaging, reducing packaging costs, and waste disposal expenses. Collaborative supply chain models, including crate pooling and sharing, have gained momentum in China. The models make it more convenient and cost effective for businesses to adopt returnable plastic crates. The ability to customize returnable plastic crates to meet specific product requirements and branding needs appeals to businesses looking to establish their identity and cater to specific market demands.

Temperature Controlled Logistics Driving the Sales in Japan:
The returnable plastic crate market in the Japan is anticipated to expand at a CAGR of 3.2% through 2033. Japan has a strong focus on environmental sustainability and reducing plastic waste. Returnable plastic crates are viewed as a more eco friendly option compared to single use  packaging, aligning with the efforts to promote recycling and waste reduction in the country The commitment to high quality standards, particularly in industries like pharmaceuticals, food processing, and electronics, in the country, makes returnable plastic crates an attractive choice for maintaining product integrity and compliance. The need for temperature controlled logistics in Japan, especially for the transport of fresh and frozen food products, has increased the use of returnable plastic crates with insulation properties. Innovations in crate design and the integration of tracking technologies, such as RFID and IoT, have improved the management and traceability of returnable plastic crates in Japan.

Competitive Landscape:
The key strategies chosen by large companies include several growth strategies such as technology development, expansion as well and mergers and acquisitions to surge market share, reach and revenue

• In 2023, Brambles announced the launch of its new CHEP Fresh Crate, which is designed to reduce spoilage and extend the shelf life of fresh produce.
• In 2023, Schoeller Allibert announced the expansion of its production capacity for returnable plastic crates at its plant in Poland.
•  In the same year, TEPS A announced the launch of its new Ecobox returnable plastic crate, which is made from 100% recycled materials.
•  In 2022, Tran Pak Inc. announced the acquisition of Scholler Allibert’s North American business, which makes Tran Pak the largest manufacturer of returnable plastic crates in North America.
• In the same year, Gamma Wole announced the launch of its new Smart Crate returnable plastic crate, which is equipped with RFID tags to track its location and usage.

www.futuremarketinsights.com   

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Sinwa Renews and Expands its Collaboration with XSYS

Leading Chinese platemaker Sinwa Printech, also known as Sinwa, has recently integrated a ThermoFlexX Catena-WDLS washer, dryer, light finisher, and stacker unit from XSYS into its operations. This strategic investment aims to elevate the level of automation within the trade shop’s workflow and enhance the quality of its flexo plates.

A subsidiary of Taiwan Sinwa Printech Group, Sinwa Shanghai was founded in Shanghai, in 2000. Since then, it has expanded by establishing branches with facilities in multiple cities.

As a trailblazer in technology, Sinwa was the first trade shop in China to introduce CDI plate imager technology. In 2015, it took another step forward with the installation of a state-of-the-art nyloflex NExT Exposure from Flint Group to provide added value to its customers. This commitment to innovation has earned the company numerous awards over the years, as well as the loyalty of its printer customers in the labels and packaging industry.

Building on its well-established relationship with Flint Group (now XSYS), the latest introduction at Sinwa is a highly automated and integrated ThermoFlexX Catena-WDLS washer, dryer, light finisher, and stacker system. This cutting-edge technology streamlines the platemaking workflow by minimizing the need for manual intervention, enabling fully optimized plate production with very low waste. “Since the installation a few months ago, the Catena-WDLS has performed exceptionally well, providing high consistency and stability. The new system has been instrumental in simplifying our platemaking process, improving standardization levels, raising quality consistency, and boosting overall efficiency,” stated Mr. Michael Lin, President of Sinwa.

The ThermoFlexX Catena-WDLS unit sets a new benchmark for automation in modern flexo plate processing. Once a plate is loaded into the machine, it operates seamlessly without the need for any additional operator involvement or interaction until the plate emerges fully finished and ready for cutting or dispatch. “The operators quickly became comfortable with the new integrated system. They no longer need to monitor each process step closely or transport plates from one unit to the next. They also appreciate the cleaner workshop environment resulting from the WDLS’s fully enclosed environment and efficient extraction,” added Mr. Michael Lin.

The demand in China for higher levels of automation in platemaking is set to continue, promising to reshape the landscape of flexo printing. XSYS stands at the forefront of this transformation with its advanced technology portfolio including the end-to-end fully automated Catena+ solution, which integrates the Catena-WDLS system. “XSYS is very proud to partner with Sinwa, an innovation leader, as we pave the way in automated flexo platemaking. In this era of process digitalization, XSYS enables platemakers to transition from mechanization to full automation, helping to reduce costs, deliver highest quality, and improve sustainability,” commented QiHong-Magenta Zheng, General Manager, XSYS China.

www.xsysglobal.com

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New Load cells PR 55, PR 58 and PR 79 High-Precision Load cells for Demanding Applications in Industry

With the LC series load cells from Minebea Intec, a world-leading manufacturer of industrial weighing and inspection technologies, you can rely on the most accurate weighing results. Minebea Intec Intec has now completed this product series with the two single point load cells PR 55 and PR 58 as well as the bending beam load cell PR 79. These high quality stainless steel load cells offer a reliable solution for demanding weighing processes in industrial environments and are all certified according to the international standards OIML, NTEP, ATEX and IECEx. These and other selected weighing components are now available via the online shop (shop.minebea-intec.com). Here, customers can quickly obtain product information and order the products directly.

Whether in the food, chemical, agricultural or building materials industries: single point and bending beam load cells play a decisive role in various applications. Be it in the weighing of
containers or silos to optimize dosing and filling processes, for level control, in mechanical engineering or as an integrated component of check weathers and platform scales.

The LC series load cells range from simple single point:
aluminums load cells like the PR 43 to hermetically welded variants like the new PR 55 load cell with a Y-value of up to 25,000 for high-precision applications. The new LC Nito PR 79 bending beam load cell is a true all-rounder. With load levels from 91kg to 5t, it can be used not only for platform scales but also for container weighing. Our load cells impress with quality and a correspondingly long service life, says Yannick Salzmann, Product Manager Process  Weighing Products. We have recently been able to further increase our throughput times by investing in our production, which means that our customers benefit from fast delivery times.

Load cells developed in cooperation with Minebea Mitsumi:
Minebea Intec has worked closely with its parent company Minebea Mitsumi in the development and production of the LC series load cells. The Minebea Mitsumi Group is a listed Japanese corporation with over 92,000 employees worldwide with headquarters in Tokyo. The company is active in various industries and produces, among other things, high-precision manufacturing parts such as ball bearings or motors. Through the cooperation in this project, both sides were able to optimally utilize their competences. The partnership guarantees the high quality and reliability of the load cells. Together with Minebea Mitsumi, we are proud to offer high-quality load cells that meet the needs of our customers says Yannick Salzmann. Everything from a single source at Minebea Intec:
comprehensive consulting and services At Minebea Intec, customers not only receive high-quality weighing and inspection solutions such as the new load cells. The company also offers comprehensive consulting and service quality. We accompany our customers through the entire process from incoming goods to outgoing goods, says Yannick Salzmann. In addition to load cells, the product portfolio includes high-resolution platform scales, check weathers, metal detectors, visual inspection systems, X-ray inspection systems, price labelling systems and intuitive software solutions. We are happy to address the individual requirements of our clientele. Our experienced team is available to answer all questions in order to realize demanding weighing processes in the industrial environment in the best possible way.

About Minebea Intec:
Minebea Intec is a leading manufacturer of industrial weighing and inspection technologies. Headquartered in Hamburg, the company offers products and services that have stood for innovation, performance and reliability for more than 150 years. The product portfolio includes high-resolution platform scales, load cells, hopper and silo scales, check weathers, metal detectors, X-ray inspection systems and intuitive software solutions. Over 1,000 employees at 18 locations worldwide increase the precision and efficiency of industrial customers weighing and production processes. A network of over 200 partners in 71 countries complements the sales and service locations of the global player. The performance strength and distinctive German Quality are reflected in the brand promise the true measure. Minebea Intec is part of the Minebea Mitsumi Group, a leading supplier of high-precision manufacturing parts such as ball bearings or motors, as well as high-quality electronic components such as sensors, antennas and IoT solutions. Headquartered in Tokyo and with over 92,000 employees worldwide, the group reported consolidated net sales of 1,292,203 million yen (approximately 9.17 billion euros) for the 2023 financial year.
www.minebea-intec.com

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Husky Returns to Gulfood Manufacturing Showcasing Technologies, Solutions and Services Enabling Regional Packaging Producers to Achieve Sustainability and Circularity

Husky Technologies, a pioneering technology provider enabling the delivery of essential needs to the global community, is returning to Gulfood Manufacturing in Dubai, UAE from November 7-9. Husky’s booth, located in Hall 2, Stand B 2-4, is showcasing the company’s latest technologies, solutions and services designed to enable regional food and beverage packaging producers to increase sustainability while achieving growth, flexibility, differentiation and world-class production capabilities.

“As we celebrate our 70^th year in business and close to 20 years serving the Middle East, we are excited to be exhibiting at Gulfood Manufacturing and are now even more resolute in our commitment to enabling producers to be more competitive in this dynamic and growing region,” said Wassim Labban, Husky’s Vice President, Rigid Packaging, EEMEIA, SEA, ANZ. “In today’s global economy, there is an immediate need to address the challenges of evolving markets while driving sustainable practices. At Gulfood Manufacturing, we are presenting how we are responding to this demand by delivering essential innovations that enable the circular economy, in this region and around the world.”

Investing in the production of sustainable packaging molding solutions has long been a top priority for Husky. The company has been at the forefront of developing a diverse range of technologies, solutions and services that enable producers to operate more sustainably while delivering circular packaging that has a lower carbon footprint.

Highlights will include:

• Husky’s latest generation platform of proven HyPET systems tailored for the production of up to 100% recycled PET that include a purpose-built drying solution, optimized energy management, enhanced melt control, automated mold cleaning, integrated part quality inspection, and more.
• Lightweighting solutions to enable producers to effectively reduce the amount of virgin resin in each complete package, including closure, preform and bottle, minimizing carbon footprint while lowering material, production and shipping costs.
• Decades of packaging expertise and part design experience to enable producers to meet new and upcoming circular packaging regulations by facilitating the successful conversion from alternate packaging materials to durable, reliable, and infinitely recyclable PET.
• The adoption of world-class manufacturing processes that reduce energy consumption, minimize variability, and optimize operational efficiency. This includes Husky COMPLETE, the industry’s only complete, connected, end-to-end production solution modelled to transform variability into stability throughout every stage of PET preform production, including Husky’s Advantage+Elite real-time proactive, predictive, and transparent monitoring solution that reduces the variability risk associated with running higher percentages of post-consumer resin.

https://www.husky.co/

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Clariant Inaugurates Daya Bay Exolit OP Flame Retardant Plant

•  CHF 60 million investment in new high performance halogen-free flame retardant facility completed on time in the first stage of an overall CHF 100 million investment
• Will support rapidly growing demands from China- and Asian-based component manufacturers for innovative & sustainable fire protection in E-mobility, E&E, transportation, 5G communications, infrastructure, and appliances
• Establishes flame retardant production & local teams with technical expertise close to customers’ operations

Clariant, a sustainability focused specialty chemical company, today marks another milestone in its China Strategy with the official opening of its new state-of-the-art production facility for halogen-free flame retardants in Daya Bay, Huizhou.

The CHF 60 million investment into the plant’s first production line will provide local customers with access to innovative and sustainable Exolit OP flame retardants and related technical expertise to support the significant growth of engineering plastics applications in E-mobility and electrical & electronic segments. A second line is under construction and expected to be onstream during 2024, representing a further CHF 40 million investment.

“With this world-class manufacturing plant, we strengthen our leading position and global competence in innovative and sustainable fire safety solutions. We have the proximity to better service customers in China and across the Asia Pacific region behind the innovative components, devices and systems advancing technological developments in e-mobility, infrastructure,5G communications, energy delivery and more. Local production means we can improve cooperation and design tailored solutions to their developing needs as well as significantly reduce delivery lead times,” comments Angela Cackovich, President of BU Adsorbents & Additives, and Clariant EMEA Region.

The new plant will produce Clariant’s global range of patent-protected organophosphorus flame retardants and supplements the capacity of Clariant’s two Exolit OP plants in Knapsack, Germany. The team at the One Clariant Campus in Shanghai will support customers in the joint development and in-application testing of flame retarded solutions.

Angela Cackovich continues: “Brands and equipment manufacturers are switching to non- halogenated flame retardants to address the challenges of increasing safety, sustainability and technical performance requirements in E-mobility and Electronics. For engineering plastics, our Exolit OP solutions can help fulfil needs for application safety improvements and the reliability of maintaining mechanical, electrical and fire retardancy performance properties over a product life cycle and after recycling.

Importantly, they also offer environmental and health profiles verified by third parties. By collaborating across value chains we can capture unmet needs as applications become more demanding, innovate faster together, and ensure the optimum solution to meet evolving regulatory and physical property as well as processing requirements.” Despite the challenges posed by delays in equipment delivery, travel restrictions, and unpredictable supply chain interruptions, the teams from Clariant China and Europe, local authorities in the chemical park, and external partners pulled together to ensure the project was accomplished within 18 months, on schedule and on budget. All 1.2 million man hours worked since construction began were accident free.

The new flame retardant plant is operated by a 100-strong team of local employees and is located within the Huizhou Daya Bay Economic and Technological Development Zone (Daya Bay Chem Park) in Guangdong Province. Clariant’s Daya Bay site utilizes green electricity, enabling a significant reduction in Scope 2 (CO2) emissions, and is also home to its Care Chemicals Ethoxylation plant, which is currently undergoing a CHF 80 million expansion.

www.clariant.com

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Asahi Kasei Invests in US Startup NFW – Cooperation to Deliver Scale in the Field of Non-Petroleum-Based, Fully Circular Leather Alternatives for Automotive Interiors

Asahi Kasei has decided to invest in US-based startup NFW, a producer of non-petroleum-based leather alternative for car interiors. As part of Asahi Kasei’s medium-term growth strategy and in close cooperation with Sage Automotive Interiors, Inc. (Sage), an Asahi Kasei company and a leading global provider of innovative and functional materials for the automotive interior, this strategic partnership enables another major step to support global automotive OEMs in reducing the environmental burden of automobiles.

Based in Peoria, Illinois, NFW was founded in 2015 and has developed the only platform capable of producing precision-engineered, natural (non-petroleum-based) leather, foam, and textiles to replace animal and petrochemical-based materials. Certified by the United States Department of Agriculture as having 100% biobased content, MIRUM, the company’s patented leather alternative, is made from natural rubber, natural fibers, plant oils, natural pigments, and minerals. The material offers superior durability and quality that can replace traditional animal-based or synthetic leather products without the use of any polyurethane or other coatings.

Sage is engaged in developing, manufacturing, and selling innovative functional materials used in automobile interiors globally. Since its acquisition by Asahi Kasei in 2018, Sage has strengthened its business activities in Europe and China through mergers and acquisitions in parallel to expanding its lineup of growth-potential materials such as suede and synthetic leather. As one of the leading global suppliers in the car seat fabric market, Sage has a strong presence among automakers and suppliers.

Dirk Pieper, Chairman of the Sage Board of Directors and Lead Executive for the development and growth of Asahi Kasei’s overall automotive product offering, stated, “The cooperation with NFW will enable Asahi Kasei and Sage to assist global automakers in reducing the environmental burden of their cars. By jointly developing and manufacturing a non-petroleum-based and fully circular leather alternative, the Asahi Kasei Group takes a leading position in revolutionizing the market for car interior materials.”

First project within the “Care for Earth” investment framework
The cooperation with NFW is the first project within Asahi Kasei’s “Care for Earth” investment framework, announced in April 2023. Asahi Kasei allocated up to $100 million for investments worldwide in early-stage startups that aim to solve issues in environmental fields such as hydrogen, energy storage, carbon management, and bio-based chemicals over the 5-year period up to fiscal 2027. As described in its April 2022 medium-term management plan, the car interior material business is one of Asahi Kasei’s “10 Growth Gears” (GG10)—businesses that are to drive future growth, targeting more than 70% of operating income around 2030.

About NFW
NFW is a platform for plastic-free performance materials spanning sheet goods, textiles, molded composites, and foams. NFW follows three Ground Rules in everything they develop: start well, stay clean, and end well. The multi-material platform serves a wide range of industries—from fashion and footwear to automotive and upholstery. NFW technology seamlessly embeds into existing supply chains, enabling the world’s most iconic brands to design and scale products with high-performance, naturally circular materials. NFW makes global brands more sustainable, empowering them to create without plastics. Alongside the boldest brands and visionary designers, NFW is pioneering a post- linear, post-oil economy.

About Sage Automotive Interiors
Sage Automotive Interiors (www.sageautomotiveinteriors.com) is one of the world’s leading providers of automotive interior materials—seating, door panel surfaces, and headliners—to automotive Original Equipment Manufacturers (OEMs). Global offices and manufacturing locations include North America, South America, EMEA, and Asia. Sage’s core strengths are consumer research, sustainability, and innovative problem-solving for OEMs. Sage’s vision is to continually lead the market in design, engineering, and technical capability, supported by world-class manufacturing. Sage Automotive Interiors is an Asahi Kasei company.

About the Asahi Kasei Corporation
The Asahi Kasei Group contributes to life and living for people around the world. Since its founding in 1922 with ammonia and cellulose fiber businesses, Asahi Kasei has consistently grown through the proactive transformation of its business portfolio to meet the evolving needs of every era. With more than 48,000 employees worldwide, the company contributes to a sustainable society by providing solutions to some of the world’s toughest challenges through its three business sectors: Material, Homes, and Health Care. Its Material sector, comprised of Environmental Solutions, Mobility & Industrial, and Life Innovation, includes a wide array of products, from battery separators and biodegradable textiles to engineering plastics and sound solutions.

www.asahi-kasei.com

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Packaging and Technical Growth Drives BOPET Film Demand

Global market demand for BOPET film continues to grow despite current economic uncertainty and market challenges, according to a new report by leading industry consultants, AMI Consulting. BOPET producers are adapting to the shift towards more regional supply and increasing tariffs, and taking short-term measures to address falling prices and widespread de-stocking throughout the customer base. In spite of all this, growth opportunities abound and BOPET manufacturers are setting out on the race to supply the burgeoning packaging growth across Asia and for the manufacture of the next generation of high technology and green energy products.

Packaging remains the largest end-use market for BOPET films and in spite of sustainability pressures, is growing strongly across developing markets and within profitable niches globally. The use of flexible packaging including BOPET film for non-food items is lower than for food providing good opportunity to switch from rigid packaging, and BOPET lids and labels in combination with PET trays and bottles offer a mono-material solution.

Use of BOPET in food packaging is steadily increasing in low per capita consumption regions such as the Indian Sub-Continent and SEA, where packaged food is becoming more widely available. End-users are recognising that BOPET films can offer properties vital for food security such as good barrier and materials reduction, whilst providing a cost-effective solution. Mono-material PET solutions are seeing R&D interest, with promising developments in sealing properties.

Technical and non-packaging applications are emerging as the better growth opportunity for BOPET film in the next five years, with 5% growth expected to 2027, compared with 3% for packaging films. The stand-out growth application for BOPET in volume terms continues to be photovoltaics, although low prices which continue to offer limited investment opportunities. Supportive government policies may yet persuade those who exited this market to re-enter and support the regional development of green energy industries. Electrical applications are forecast to show ongoing healthy growth, thanks to new battery applications, the growth in flexible electronics and new energy segments. To serve a greater range of growth opportunities, thin film lines are being stretched to their limits and modified to produce both thinner and thicker BOPET films.

The market remains attractive in the longer term both for existing players who continue to invest in broadening their product ranges for new applications, and for new BOPET producers aiming to benefit from the growth of both packaging films and industrial BOPET markets. Both markets are anticipated to exceed global GDP growth in the forecast period with many converters and end-users optimistic about continued growth in demand for BOPET across both packaging and industrial markets in the future.

https://www.amiplastics.com/

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