Press release
Ultra-high Barrier Films Market: Worldwide Industry Analysis and New Market Opportunities Explored
The global packaging industry has undergone significant transformation in the last two decades, setting high standards for product quality and integrity year-on-year. Advancement in technology, particularly in fields such as food processing, pharmaceutical drug formulation, and electronics, has led to increasing demand for packaging and protective solutions which enhance the shelf-life of the product and maintain its integrity, with a low rate of permeation.
The same demand has led to the introduction of several protective and high-barrier protective solutions. Aluminium foil is at the pinnacle of performance, when it comes to high barrier applications. However, due to the presence of pinholes, the performance is degraded. The high-barrier industry has been around for nearly seven decades. High-barrier had its beginning with foil substrates. Companies such as Mill Print and Standard Packaging achieved high-barrier performance by extruding polyethylene, and laminating to foils.
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High-barrier films are produced using materials such as Ethylene Vinyl Alcohol (EVOH), Cyclic Olefin Copolymers, Amorphous PET, Polyacrylonitrile, and Nanocomposites, among others. In today’s times, high-barrier coatings are also used. Some of the prominent barrier materials used are – PVdC, PVOH, SiOx, and Al2O3. For ultra-high barrier applications, a combination of both films and coatings are used. Demand for ultra-high barrier films is expected to go up with further advancement in technology, especially from the food & beverage, pharmaceutical, and electronics industries.
Global ultra-high barrier films market: Key Players
Some of the key players operating in the global ultra-high barrier films market are – Avery Dennison Israel Ltd, Sigma Technologies Int'l, LLC, Cosmo Films Limited, Jindal Poly Films Limited, Perlen Packaging AG, Honeywell International Inc., Toray Plastics (America), Inc., Taghleef Industries L.L.C., Klöckner Pentaplast Europe GmbH & Co. KG, Amcor Limited, Celplast Metallized Products Limited, and Ester Industries Ltd., among others.
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Some of the companies which supply the technology and materials for the production of ultra-high barrier films are – Exxon Mobil Corporation, E.I. du Pont de Nemours and Company, Plantic Technologies Ltd., and Huntsman International LLC., among others.
The road ahead
The ultra-high barrier films market is anticipated to be positively influenced by evolving consumer preferences, and R&D in advanced packaging technologies. Development of high performance materials and coatings will continue to enhance the way ultra-high barrier films perform.
For instance, nanotechnology was used to enhance the functionality of ultra-high barrier films, by increasing their transparency and stretchability. The features greatly benefit the food, medical, and other packaging market today.
Ultra-high barrier films also have immense opportunity for growth in the field of flexible electronics. The production of flexible electronics with roll-to-roll (r2r) production compatibility will have a significant impact on the electronics and computing industry.
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Key Product Launches
In January, 2017, Cosmo Films Limited, which is an India-based specialty films manufacturer, launched new transparent and metalized films. The company’s new transparent barrier films can be wrapped over coffee & tea, perfume boxes, and chewing gum, among others.
In July 2017, to cater to the rising demand for creative materials solutions with high barrier performance, particularly for enhanced shelf-life and e-commerce applications, Toray Plastics (America), Inc. introduced two new ultra-high barrier PET films.
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