A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Barrier
Materials
Market. The
study, titled “Barrier
Materials Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
Barrier
materials are on the rise as they have been widely accepted in
various applications owing to their unique properties such as their
high performance levels, long shelf life, and the thermal stability
they provide to food products by reducing the passage of aroma,
radiation, gases, and water vapor. These materials are transparent,
flexible, and employed in the production of thin films and sheets for
food packaging to obstruct atmospheric air and preserve the quality
of food for longer durations. Barrier materials help wet foods retain
moisture and dry foods absorb it. These factors are likely to propel
the barrier materials market over the forecast period, apart from the
growth of manufacturing sectors due to the rising industrialization
around the world. Concerns over health care and social security have
led to improvements in high-end barrier materials. The burgeoning
food & beverages industry in Asia Pacific is expected to create
more opportunities for the market over the next few years.
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Report Preview:
Barrier
materials finds its maximum usage in food and beverages industry due
to increasing demand for packaged food. For instance, the US Food and
Drug Administration (FDA) have made it mandatory to use barrier
materials in packaging of food and beverages to increase the shelf
life of the consumables. Barrier materials are also being
increasingly used for packaging pharmaceuticals ingredients to
prevent them from sensitive atmospheric temperature. Therefore
increasing adoption of barrier materials in food and beverages and
pharmaceutical industry will play a key role in driving the growth of
this market. As food and beverage industry has increasing share
worldwide, this will boost the market demand overtime.
The
barrier materials market has been classified by type into the
following categories: PVDC, EVOH, PEN, and others. PVDC was the
leading segment in 2016 and is anticipated to retain its dominance
over the forecast period. PVD is an efficient polymer formed via the
polymerization of vinylidene chloride monomer with a range of
monomers such as unsaturated carboxyl groups and acrylic esters. It
is extensively used in high-performance packaging applications in the
medical, cosmetics, and food & beverages sectors. PVDCs are
transparent, glossy, recyclable, scratch-proof, and printable – and
thereby increasingly preferred over other types. Based on end-user
industry, the barrier materials market is segregated into the
following groups: pharmaceuticals, food & beverages, agriculture,
cosmetics, and others. Food & beverages was a rapidly expanding
sector in 2016 and is estimated to remain dominant over the forecast
period, driving the barrier materials market. Rising demand for
convenience food products is likely to motivate this industry and
thereby the barrier materials market over the predicted period.
Geographically,
the barrier materials market is distributed over North America,
Europe, Asia Pacific, Middle East & Africa, and Latin America.
Asia Pacific constituted the dominant share of the market in 2016 and
is likely to retain its position over the forecast period. Rising
demand for barrier materials such as EVOH, PVDC, and PEN has been a
crucial factor responsible for the surge in industrialization and
manufacturing activities. Increasing focus on health care and social
security has led to the evolution of the barrier materials market in
Asia Pacific. China is a key country in this region. North America
accounted for a considerable market share due to its well-established
end-user industries. Middle East & Africa is an emerging region
for the barrier materials market as they are widely used for food &
beverages and pharmaceuticals.
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to view Sample Report:
Key
players operating in the barrier materials market include Solvay SA,
Dow Chemicals, Teijin, Kuraray Co. Ltd., and E. I. du Pont de Nemours
and Company. Other major companies include Chang Chun Petrochemical,
Kureha Corporation, and The Nippon Synthetic Chemical Industry.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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