New report :The global BOPET film

As the new report states: The global BOPET film shortage has eased to the point that supplies are now plentiful, and new capacity coming on stream before 2015 will ensure that the uncertainties of 2010 will not return in the short to medium term. Prices have eased considerably on the availability of extra volume from India and softening of demand, probably due to the running down of stocks built up at the end of 2010. The Indian government’s decision to ban BOPET laminate packaging will further improve supply, and substantial new investment is planned by the emerging global players based in India and China. While the thick film (>50µ) market will continue to grow strongly, driven by developments in photovoltaic and flat screen applications, flexible packaging continues to be the main driver for the BOPET film industry, accounting for 54% of the total, and with prospects for continuing growth of around 8.5% per annum, though there will continue to be substantial regional variations in growth rate.