The global demand for Barrier Resins Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Barrier resins are certain plastics used for packaging that prevent gas, vapor (water or solvent), or liquid penetration. These can be used as coatings, which are located onto various substrates to help preserve and protect the items within those materials. The most commonly used barrier resins are Ethylene Vinyl Alcohol Copolymer (EVOH). It has the best barrier properties to gases such as nitrogen, oxygen, and carbon dioxide; thus, best for the packaging of cosmetics, food, drugs, and other perishable or fragile products to expand shelf life. EVOH has superior barrier properties compared with many other typical films like polyvinylidene chloride.
The growing consumer packaged goods and fast-moving consumer goods worldwide are the primary factors driving the barrier resins market. The rising consumer awareness towards healthy purchasing and high preference for fresh food products with proper packaging contributes to the barrier resins market's growth. Also, speedy urbanization and increased shelf life of processed food products using barrier resins are expected to create more demand for barrier resins. Moreover, the growing applications of packaging in all industrial and commercial sectors and expanding the pharmaceutical packaging industry in developing economies are likely to provide profitable growth opportunities for key players of the barrier resins market in the coming years.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of barrier resins .
The entire barrier resins market is segmented and each segment is analyzed exclusively. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product type
- Polyvinylidene Chloride (PVDC)
- Ethylene Vinyl Alcohol copolymer ( EVOH)
- Polyethylene naphthalate (PEN)
- Agricultural Industrial
- Chemical Industries
- Food & Beverage
- Personal Care & Cosmetics
- Pharmaceutical & Medical
This section covers regional segmentation which accentuates on current and future demand for barrier resins market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Barrier Resins Market by Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the barrier resins market include DuPont, INEOS, INVISTA, NOVA Chemicals Corporation, Valspar Corporation, Mitsui Chemicals, Inc., EVAL Europe N.V, Honeywell International, Inc., The Dow Chemical Company, Kuraray Co., Ltd, Asahi Kasei Corporation.S. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.