Published by IMARC Services Private Limited
Posted on October 10, 2021
According to the latest report by IMARC Group, the global barrier materials market grew at a CAGR of around 6% during 2015-2020. Looking forward, the market to continue its moderate growth during 2021-2026.
Barrier materials are coatings and packaging solutions that are used to prevent the diffusion of gases and the permeability of liquids and radiations. These materials are usually transparent and flexible in nature and are employed in the production of thin films and sheets for food packaging. Their usage obstructs the entry of atmospheric air, thereby preserving the quality of the packaged food. Apart from being used in the food industry to improve the shelf life and thermal stability of the products, they are also utilized across other industry verticals, such as cosmetics, pharmaceutical, automotive and agriculture, for a vast array of applications.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/barrier-materials-market/requestsample
Barrier Materials Industry Trends:
The market is primarily driven by the significant growth in the food industry across the globe. This can be attributed to the escalating sales of processed, packaged and on-the-go food products majorly due to the hectic lifestyles led by the masses, along with their inflating disposable incomes and the shifting dietary patterns. Consequently, there is an increasing need for packaging solutions that prevent contamination and spoilage of these products in an efficient manner. This is further supported by the stringent regulations imposed by several government agencies, including the US Food and Drug Administration (FDA), to extend the shelf life of consumables.
Apart from this, efficient barrier materials are widely utilized in the pharmaceutical industry to prevent the spoilage or spillage of temperature-sensitive drugs. These materials offer improved scratch and abrasion resistance when compared to conventionally used packaging solutions, thereby providing an impetus to the market growth.
The market is further driven by extensive research and development (R&D) activities conducted by the players in an attempt to introduce innovative product variants in the market. This has led to the launch of bio-based barrier materials that are recyclable, compostable and biodegradable in nature. Consequently, these materials are extensively being preferred by end users on account of the enhanced focus on sustainable development. Some of the other factors contributing to the market growth include the rising expenditure capacities of the consumers and the growing awareness regarding food safety among the masses.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
For more information about this report visit: https://www.imarcgroup.com/barrier-materials-market
Global Barrier Materials Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of the key players being 3M Company, Arkema S.A., Asahi Kasei Corporation, Chang Chun Petrochemical Co. Ltd., Kuraray Co. Ltd., Kureha Corporation, Mondi plc, Solvay S.A., Teijin Limited and The Dow Chemical Company.
The report has segmented the market on the basis of Type, End User and Region.
Breakup by Type:
Polyvinylidene Chloride (PVDC)
Ethylene Vinyl Alcohol (EVOH)
Polyethylene Naphthalate (PEN)
Others
Breakup by End Use Industry:
Pharmaceutical
Food and Beverage
Agriculture
Cosmetics
Automotive
Others
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
30 N Gould St
Ste R
Sheridan, WY 82801
USA
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal
According to the latest report by IMARC Group, the global barrier materials market grew at a CAGR of around 6% during 2015-2020. Looking forward, the market to continue its moderate growth during 2021-2026.
Barrier materials are coatings and packaging solutions that are used to prevent the diffusion of gases and the permeability of liquids and radiations. These materials are usually transparent and flexible in nature and are employed in the production of thin films and sheets for food packaging. Their usage obstructs the entry of atmospheric air, thereby preserving the quality of the packaged food. Apart from being used in the food industry to improve the shelf life and thermal stability of the products, they are also utilized across other industry verticals, such as cosmetics, pharmaceutical, automotive and agriculture, for a vast array of applications.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/barrier-materials-market/requestsample
Barrier Materials Industry Trends:
The market is primarily driven by the significant growth in the food industry across the globe. This can be attributed to the escalating sales of processed, packaged and on-the-go food products majorly due to the hectic lifestyles led by the masses, along with their inflating disposable incomes and the shifting dietary patterns. Consequently, there is an increasing need for packaging solutions that prevent contamination and spoilage of these products in an efficient manner. This is further supported by the stringent regulations imposed by several government agencies, including the US Food and Drug Administration (FDA), to extend the shelf life of consumables.
Apart from this, efficient barrier materials are widely utilized in the pharmaceutical industry to prevent the spoilage or spillage of temperature-sensitive drugs. These materials offer improved scratch and abrasion resistance when compared to conventionally used packaging solutions, thereby providing an impetus to the market growth.
The market is further driven by extensive research and development (R&D) activities conducted by the players in an attempt to introduce innovative product variants in the market. This has led to the launch of bio-based barrier materials that are recyclable, compostable and biodegradable in nature. Consequently, these materials are extensively being preferred by end users on account of the enhanced focus on sustainable development. Some of the other factors contributing to the market growth include the rising expenditure capacities of the consumers and the growing awareness regarding food safety among the masses.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
For more information about this report visit: https://www.imarcgroup.com/barrier-materials-market
Global Barrier Materials Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of the key players being 3M Company, Arkema S.A., Asahi Kasei Corporation, Chang Chun Petrochemical Co. Ltd., Kuraray Co. Ltd., Kureha Corporation, Mondi plc, Solvay S.A., Teijin Limited and The Dow Chemical Company.
The report has segmented the market on the basis of Type, End User and Region.
Breakup by Type:
Polyvinylidene Chloride (PVDC)
Ethylene Vinyl Alcohol (EVOH)
Polyethylene Naphthalate (PEN)
Others
Breakup by End Use Industry:
Pharmaceutical
Food and Beverage
Agriculture
Cosmetics
Automotive
Others
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
Browse related reports:
E-Bike Market 2021-26: Industry Trends, Share, Size, Growth and Research Report
Handicrafts Market Analysis 2021-26: Industry Trends, Share, Size, Growth and Forecast
Digital Classroom Market Report 2021-26: Industry Trends, Share, Size, Growth and Forecast
Gas Analyzer Market 2021-26: Industry Size, Share, Trends and Research Report
Eyewear Market 2021-26: Industry Size, Share, Trends and Research Report
Flavors and Fragrances Market 2021-26, Size, Share, Trends and Research Report
Sugar Market 2021-26: Size, Share, Price Trends and Research Report
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
30 N Gould St
Ste R
Sheridan, WY 82801
USA
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal
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