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Barrier Materials Market - Global Industry Analysis, Forecast 2015 – 2023

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Growth in the packaging industry has boosted demand for barrier materials in the global market in the past few years. Barrier materials, as the name depicts, offer resistance against atmospheric gases, water vapor, heat, and aromas. The barrier mate
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Barrier Materials Market - Global
Industry Analysis, Size, Share, Growth,
Trends and Forecast 2015 - 2023
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REPORT DESCRIPTION
Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Barrier
Materials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” This report
likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and
worldwide business sector industry structure.
Growth in the packaging industry has boosted demand for barrier materials in the global market in the past few years. Barrier
materials, as the name depicts, offer resistance against atmospheric gases, water vapor, heat, and aromas. The barrier
materials market can be segmented on the basis of application into agriculture packaging, cosmetics, food & beverages, and
pharmaceuticals. On the basis of raw material, the barrier materials market is segmented into EVOH (ethylene vinyl alcohol),
PEN(polyethylene naphthalate), and PVDC (polyvinylidenechloride). These barrier materials have superior chemical and physical
properties such as high stability at extreme conditions, strong durability, and greatimpact strength. Packaging of several foods,
beverages, pharmaceutical products, cosmetics, and agriculture products should possess these properties to protect contents
from contamination.
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Key application of barrier materials is in the food & beverages industry. Increasing demand for packed food globally is
driving the barrier materials market. The FDA and other regulating bodies have made it mandatory to increase the usage of
barrier materials in the packaging of food and beverages to increase the shelflife of consumables during packaging. Barrier
materials are also primarily consumed during the packaging of various pharmaceutical ingredients, which are highly sensitive to
atmospheric temperature. Different cosmetic products in liquid, powder, and gel forms require packaging that keeps the product
intact and prevents it fromexposure to humidity. Barrier materials are consumed on a large scale for packaging of cosmetics.
Recently, there was high demand for packed fruits and vegetables due to non-uniformity in weather cycles. These packed fruits
and vegetables are exported to various parts of the world on a large scale. Barrier materials are largely used in the packaging of
these agricultural products.
Demand for PVDC (polyvinylidenechloride) is higher as compared to other barrier materials due to properties such as
transparency, glossiness, high strength, printadhesion, as well as thermal and chemical resistance. As PVDC has lower impact
on the environment, it meets all requirements of certifying authorities in North America and Europe. This, in turn, drives demand
for PVDC in the barrier materials market.Demand for EVOH (ethylene vinyl alcohol) is strong in the barrier materials market due
to ease of availability and high flexibility.
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Some of the key drivers of the barrier materials market are food & beverages and pharmaceutical applications. Rise in
demand for canned and tetra packed food products and beverages is likely to fuel growth of the barrier materials market in the
next few years. Increasing health issues is leading to rise in consumption of medicated products. Thus, significant growth in the
pharmaceutical industry is expected to propel demand for barrier materials in this industry. The only restraint hindering growth
of the barrier materials market is stringent rules and regulations associated with the packaging of food and pharmaceutical
products.Various companies are coming up with bio-based materials that are more sustainable due to environmental issues
arising during the manufacture of raw materials. Certified packaging using barrier materials increases the shelflife of packed
food, thus increasing awareness and trust of consumers.
Asia Pacific is estimated to be the largest market for barrier materials during the forecast period. Rising industrialization and
increasing manufacturing base in countries such as China, India, and Japan are likely to drive demand for barrier materials
significantly.Rapid growth in the packed food industry in North America and Europe is likely to fuel growth of the barrier
materials market in the near future.
Some of the key players involved in the manufacture of barrier materials are Asahi Kasei Chemicals Corporation, The
Dow Chemical Company, DuPont, Chang Chun PetroChemical Co., Ltd, Kuraray Co. Ltd., Kureha Corporation, Solvay SA, Teijin
Limited, and Zhejiang Juhua Co.,Ltd.
This research report analyzes this market on the basis of its market segments, major geographies, and current
market trends. Geographies analyzed under this research report include
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North America
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Asia Pacific
•
Europe
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Middle East and Africa
•
Latin America
This report provides comprehensive analysis of
•
Market growth drivers
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Factors limiting market growth
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Current market trends
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Market structure
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Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market
projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis
and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the
existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
•
This report provides pin-point analysis for changing competitive dynamics
•
It provides a forward looking perspective on different factors driving or restraining market growth
•
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
•
It helps in understanding the key product segments and their future
•
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
•
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of
market segments
•
It provides distinctive graphics and exemplified SWOT analysis of major market segments
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