Scope of the Study
Barrier resins are plastics used for packaging that prevent gas (oxygen, carbon dioxide and nitrogen), vapour (water or solvent) or liquid penetration. Commercial polymers such as nylons, polyolefins, polyvinyl chloride and polystyrene are used for packaging, but their barrier properties are significantly inferior to those of the barrier resins. Vinylidene chloride copolymers (PVDC) are the earliest and most widely used high barrier resins.
The market study is being classified by Type (Polyvinylidene Chloride (PVDC), Ethylene-vinyl alcohol (EVOH), Polyethylene naphthalate (PEN) and Others), by Application (Food & Beverage, Pharmaceutical & Medical, Cosmetics, Agriculture, Industrial and Others) and major geographies with country level break-up.
INVISTA (United States), Kuraray Co., Ltd (Japan), Asahi Kasei Corporation (Japan), Chang Chun Petrochemical Co., Ltd. (Taiwan), E.I. du Pont de Nemours and Company (United States), Solvay S. A. (Belgium), The Nippon Synthetic Chemical Industry Co., Ltd. (Japan), Teijin Limited (Japan), Kureha Corporation (Japan) and The Dow Chemical Company (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Ineos Group Limited (Switzerland), Zhejiang Juhua Co., Ltd. (China) and Honeywell International, Inc. (United States).
Research Analyst at AMA predicts that Japanese Vendors will contribute to the maximum growth of Global Barrier Resins market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Barrier Resins market by Type, Application and Region.
On the basis of geography, the market of Barrier Resins has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand for Packaged Food with Improved Shelf Life
- High Demand from Pharmaceutical Packaging Industry
- High Demand for Innovative Products
- Fluctuations in the Raw Material Prices
- High Cost Associated With Barrier Resin Packaging
- Growing Packaging Industry Worldwide
- Increasing Research and Development Activities
- Increasing Environmental Concerns for Plastics
- Stringent Government Rules and Regulations about Food Packaging
Market Leaders and their expansionary development strategies
On 5th March 2019, Global chemical producer Indorama Ventures Public Company (IVL) has completed the acquisition of INVISTA Resins & Fibers, a specialty chemicals asset headquartered in Germany. The portfolio of Indorama Ventures includes integrated PET, olefins, fibers, packaging and specialty chemicals.
Key Target AudienceBarrier Resin Manufacturers, Research Professionals, Emerging Companies, Distributors, Government Body & Associations and End-user
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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