Press release
Barrier Resins Market | Key players operating in the market include LyondellBasell, Kuraray, Exxon Mobil, Dow
According to recent market research "Barrier Resins Market by Type (PVDC, EVOH, PEN), Application (Food & Beverage, Pharmaceutical & Medical, Cosmetics, Agriculture, Industrial), and Region (Asia-Pacific, North America, Europe, South America, Middle East & Africa) - Global Forecast to 2026", published by MarketsandMarkets, The barrier resins market exhibits high growth potential and is projected to reach a market size of USD 16.6 billion by 2026 from USD 12.4 billion in 2021, at a CAGR of 5.9 %. The market growth is being lead by the ease of use and customization of barrier resins products. APAC region is the largest market for barrier resins.
Browse 189 market data Tables and 49 Figures spread through 231 Pages and in-depth TOC on "Barrier Resins Market - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/barrier-resin-market-231202902.html
PVDC has been a staple part of food packaging for a long time but in recent years alternatives for PVDC has been developed which are more sustainable and less harmful. PVDC disintegrates at a comparatively lower temperature which creates an issue in recycling. EU recently banned or restricted the use of PVDC in various regions. The latest G7 summit focused on reducing carbon footprint and sustainable practices, even with the concerns PVDC markets shows growth driven by high barrier properties and the reduced waste in supply chain. The increase in flexible food packaging increases the demand of PVDC resins.
Advancement in manufacturing techniques and continuous development in the barrier resins have resulted in increasing demand of barrier resins in the pharmaceutical industry. This growth is expected to be the highest in the emerging economies such as Brazil, India, and China, as it is supported by increase in wealth and growing consciousness about improved healthcare facilities and healthier lifestyles. The COVID-19 outbreak increased the demand of single use and packaged medical products which resulted in increased demand of barrier resins as well.
For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=231202902
The barrier resins market exhibits high growth potential and is projected to reach a market size of USD 16.6 billion by 2026 from USD 12.4 billion in 2021, at a CAGR of 5.9 %. The market growth is being led by the ease of use and customization of barrier resins products. They provide great protection against moisture, UV rays, heat and many more external factors. They do not react with the chemicals being stored in them and protects their integrity. The growing demand in the packaging industry specially in food & beverage. APAC region is the largest market for barrier resins. Barrier resins are preferred over traditional packaging for being lightweight, customizable, moisture and leak-proof qualities, and ease of use. The only major concern was the environmental impact of non-biodegradable films which is getting slowly settled by the introduction of bio-based barrier resins.
These players have adopted various strategies, such as merger & acquisition, investment & expansion, new product launch, and partnership & agreement, to grow in the market. Investment & expansion and merger & acquisition were the key strategies adopted by the major players between 2018 and 2021. This strategy helped companies increasing their global presence, product portfolio, and market shares.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=231202902
Kuraray Co Ltd. is second in leading the barrier resins market. The company started with a purpose of commercializing synthetic rayon. The company has business in fibers & textiles and chemical segments. It produces barrier resins for agriculture, food & beverage, automotive, electronics, and other end-use industries. The company has business in APAC region and slowly developing in Europe.
Asahi Kasei Corporation is the leading company in the producing, processing, and selling of chemical products. It sells barrier resins through their subsidiary Asahi Kasei Chemical Corporation (Japan) as the leading producer of PVDC resins. It operates in various business segments including chemicals & fibers, homes & construction materials, electronics, health care, and others. The company serves customers in Japan & China mainly. The company is focused on developing global customer reach as an initiative they are building new plants including one in Changshu, Jiangsu, China. It has a wide range of barrier resins for applications, such as food, pharmaceuticals, and industrial. The company’s growth is driven by the flexible packaging market, which, in turn, drives the demand for barrier resins.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/barrier-resin.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/barrier-resin-market.asp
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Browse 189 market data Tables and 49 Figures spread through 231 Pages and in-depth TOC on "Barrier Resins Market - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/barrier-resin-market-231202902.html
PVDC has been a staple part of food packaging for a long time but in recent years alternatives for PVDC has been developed which are more sustainable and less harmful. PVDC disintegrates at a comparatively lower temperature which creates an issue in recycling. EU recently banned or restricted the use of PVDC in various regions. The latest G7 summit focused on reducing carbon footprint and sustainable practices, even with the concerns PVDC markets shows growth driven by high barrier properties and the reduced waste in supply chain. The increase in flexible food packaging increases the demand of PVDC resins.
Advancement in manufacturing techniques and continuous development in the barrier resins have resulted in increasing demand of barrier resins in the pharmaceutical industry. This growth is expected to be the highest in the emerging economies such as Brazil, India, and China, as it is supported by increase in wealth and growing consciousness about improved healthcare facilities and healthier lifestyles. The COVID-19 outbreak increased the demand of single use and packaged medical products which resulted in increased demand of barrier resins as well.
For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=231202902
The barrier resins market exhibits high growth potential and is projected to reach a market size of USD 16.6 billion by 2026 from USD 12.4 billion in 2021, at a CAGR of 5.9 %. The market growth is being led by the ease of use and customization of barrier resins products. They provide great protection against moisture, UV rays, heat and many more external factors. They do not react with the chemicals being stored in them and protects their integrity. The growing demand in the packaging industry specially in food & beverage. APAC region is the largest market for barrier resins. Barrier resins are preferred over traditional packaging for being lightweight, customizable, moisture and leak-proof qualities, and ease of use. The only major concern was the environmental impact of non-biodegradable films which is getting slowly settled by the introduction of bio-based barrier resins.
These players have adopted various strategies, such as merger & acquisition, investment & expansion, new product launch, and partnership & agreement, to grow in the market. Investment & expansion and merger & acquisition were the key strategies adopted by the major players between 2018 and 2021. This strategy helped companies increasing their global presence, product portfolio, and market shares.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=231202902
Kuraray Co Ltd. is second in leading the barrier resins market. The company started with a purpose of commercializing synthetic rayon. The company has business in fibers & textiles and chemical segments. It produces barrier resins for agriculture, food & beverage, automotive, electronics, and other end-use industries. The company has business in APAC region and slowly developing in Europe.
Asahi Kasei Corporation is the leading company in the producing, processing, and selling of chemical products. It sells barrier resins through their subsidiary Asahi Kasei Chemical Corporation (Japan) as the leading producer of PVDC resins. It operates in various business segments including chemicals & fibers, homes & construction materials, electronics, health care, and others. The company serves customers in Japan & China mainly. The company is focused on developing global customer reach as an initiative they are building new plants including one in Changshu, Jiangsu, China. It has a wide range of barrier resins for applications, such as food, pharmaceuticals, and industrial. The company’s growth is driven by the flexible packaging market, which, in turn, drives the demand for barrier resins.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/barrier-resin.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/barrier-resin-market.asp
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
