Market Share of Americas Polypropylene (PP) Films Industry
The competitive landscape of the Americas PP Films Market is expected to move towards moderate fragmentation, as the region houses multiple vendors across all formats. With the presence of Toray, Oben Holding, the market has been observing multiple investments for local as well as global players. Further, the market players are witnessing strategic collaborations and acquisitions, as Latin America is witnessing significant investments in BOPP manufacturing, as the enterprises' propensity to produce locally is increasing. Also, significant developments such as new product launches is expected to boost the market presence of the market players.
- June 2020 - Innovia Films launched a new family of highly functional and recyclable BOPP films, which are being marketed under the brand name Encore.
- July 2019 - The AmTopp Division of Inteplast Group (Livingston, NJ) increased its stretch film manufacturing capacity by adding two cast film extrusion lines in its newly acquired facility in Remington, IN. This expansion will add 60 million pounds to Inteplast's current 385-million-pound capacity throughout its other locations in Lolita and Houston, TX; Charlotte, NC; and Phoenix, AZ; bringing its total name plate capacity to 445 million pounds.
- January 2019 - Taghleef Industries completed the acquisition of Biofilm, thereby, expanding its presence in the region. With this acquisition, the company aims to provide the industry's best label films and products unique to Ti, such as DERPROSA and EXTENDO, among other Biofilm's range of innovative products, including high barrier metalized films and high seal integrity films.
Americas Polypropylene (PP) Films Market Leaders
Toray Plastics (America), Inc.
Oben Holding Group
Taghleef Industries
Altopro S.A. de C.V.
Inteplast Group
*Disclaimer: Major Players sorted in no particular order
