China’s BOPA film industry has high concentration and good industry development prospects
BOPA film, also known as biaxially oriented nylon film, refers to a film made of a specific polyamide 6 (nylon 6) material that is stretched longitudinally and transversely at a specific temperature in a biaxially stretched equipment and appropriately treated or processed. , has very high tensile strength, puncture resistance, excellent flexibility, weather resistance, resistance, high gas and aroma barrier properties. At present, BOPA film has become the third most widely used film packaging material after BOPP and BOPET films, and is widely used in many fields such as food, daily chemicals, new energy vehicles, medicine, and consumer electronics.
Currently, there are many companies around the world with BOPA film production capabilities and production lines. Among them, Japanese companies Unitika and Toyobo, Thai companies A.J.Plast, and Korean companies Kolon and Hyosung have strong competitiveness in the industry. In addition, Companies such as Germany’s Mf-Folien, Canada’s Biaxis, and the United States’ AdvanSix also have a certain market share and influence in the global BOPA film market. However, these companies have problems such as aging equipment, generally small production scale (the average single-line production capacity is 5,000 tons/year), and relatively high processing costs because their production lines were completed and put into operation earlier. Moreover, as the focus of global caprolactam industry production is tilted towards China, the overall production capacity of foreign PA6 film chips has declined. Foreign companies are importing more film chips from China, which will further increase the production cost of foreign BOPA films.
In the future, old foreign production lines may be gradually shut down due to their gradual loss of competitiveness, and the local supply capacity of BOPA film will gradually weaken. In addition, thanks to the development of China’s prepared dishes, logistics, medicine package and other industries, the demand for BOPA film has grown rapidly. China’s BOPA film industry has set off a wave of investment and expansion. The production capacity of China’s BOPA film industry may increase sharply in the future. Global BOPA film production The focus has further shifted to China.
After long-term development, China has mastered large-scale BOPA film production technology and has become an important BOPA film production country in the world. At present, China’s BOPA film manufacturers include Zhonglun New Materials Co., Ltd. (acquired Xiamen Changsu Industrial Co., Ltd. in December 2019), Shanxi Yuncheng Plate Making Group Co., Ltd., Xiaoxing Chemical Fiber (Jiaxing) Co., Ltd., Cangzhou Mingzhu Plastics Co., Ltd. and Huarida Packaging Materials Co., Ltd., the above five companies occupy more than 80% of China’s market, and the industry concentration is high. According to the released “2023-2028 China BOPA Film Industry Market In-depth Research and Development Prospects Forecast Report“, in 2022, China The output of the BOPA film industry is 15,600 tons.
Analysts believe that in the future, as my country’s macroeconomic environment continues to improve, the technical level of BOPA films will continue to upgrade, With the continuous expansion of application fields, coupled with the promotion of increasing per capita income and per capita consumption levels, the demand for BOPA films will maintain steady growth in the future. With the rapid development of new markets represented by high-end food and new energy, the demand for BOPA films will also usher in a period of rapid growth, and the industry prospects are good.