Latin America Polypropylene (PP) Packaging Film Market Share

Market Share of Latin America Polypropylene (PP) Packaging Film Industry

The Latin America polypropylene (pp) packaging film market is moderately competitive. Players in the market are into a strategic collaboration to expand their presence across the globe. Moreover, with new product launches, innovations in the offerings, players are focusing on increasing their market share. Some of the key developments in the market are:

• In March 2020, Innovia Films Launches an embossable BOPP film Rayoface mBoss which offers increased shelf appeal with foiling capability of the paper-like surface.
• In Oct 2019, Alpek, one of the petrochemical companies in the Americas had signed an agreement with Lotte Chemical Corporation to acquire a 100% stake in Lotte Chemical UK Limited, which owns and operates 350,000 tons per year polyethylene terephthalate ('PET') facility in Wilton, United Kingdom.

Latin America Polypropylene Packaging Film Market Leaders

1. Borealis AG

2. Braskem Idesa

3. Chevron Phillips Chemical Company LLC

4. Celanese Corporation

5. Alpek S.A.B. de C.V

*Disclaimer: Major Players sorted in no particular order