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Barrier Resins Market to Witness Huge Growth by Key Players: LyondellBasell Industries, Kuraray Co Ltd, Exxon Mobil Corporation, The Dow Chemical Company

09-01-2021 02:53 PM CET | Industry, Real Estate & Construction

Press release from: ReportsnReports

According to Market Study Report, Barrier Resins Market provides a comprehensive analysis of the Barrier Resins Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.

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 %.

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#Top Key Players- LyondellBasell Industries (US), Kuraray Co Ltd. (Japan), Exxon Mobil Corporation (US), and The Dow Chemical Company (US)

“The largest segment in the market is PVDC”
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.

“Pharmaceutical & medical industry will emerge as the fastest-growing segment by 2026.”
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.

“APAC is the largest market in all end-use industries due to the presence of major developing economies and large population.”
APAC is the largest market for barrier resins, accounting for a share of 42.5%, in terms of value, in 2020. The growing packaging industry and the increasing demand in the agriculture sector are the factors driving the barrier resins market in the region.

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Table Of Contents
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Inclusions And Exclusions
1.4 Market Scope
Figure 1 Barrier Resins Market
1.4.1 Regions Covered
1.4.2 Years Considered For The Study
1.5 Currency
1.6 Unit Considered
1.7 Stakeholders
1.8 Summary Of Changes
2 Research Methodology
2.1 Research Data
Figure 2 Barrier Resins Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Primary Data Sources
2.1.2.2 Key Data From Primary Sources
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown Of Primary Interviews
2.2 Market Size Estimation
2.2.1 Top–Down Approach
Figure 3 Market Size Estimation: Top–Down Approach
Figure 4 Barrier Resins Market Size Estimation, By Volume
Figure 5 Barrier Resins Market, By Region
Figure 6 Barrier Resins Market, By End-Use Industry
Figure 7 Market Size Estimation: Top–Down Approach, By Resin Type
2.3 Market Forecast Approach
2.3.1 Demand–Side Forecast
2.4 Data Triangulation
Figure 8 Barrier Resins Market: Data Triangulation
2.5 Factor Analysis
2.6 Assumptions
2.7 Risk Analysis Assessment
2.8 Limitations
3 Executive Summary
Table 1 Barrier Resins Market Snapshot (2021 Vs. 2026)
Figure 9 The Polyethylene Segment Dominated The Barrier Resins Market In 2020
Figure 10 Food & Beverage Segment Led The Barrier Resins Market In 2020
Figure 11 Apac To Be Largest And Fastest–Growing Region For Barrier Resins Market During Forecast Period
Table 2 Major Players Profiled In This Report
4 Premium Insights
4.1 Attractive Opportunities In The Barrier Resins Market
Figure 12 Barrier Resins Market To Witness Moderate Growth During Forecast Period
4.2 Barrier Resins Market, By Resin Type
Figure 13 Polyethylene Resin To Be The Largest Segment Between 2021 And 2026
4.3 Apac: Barrier Resins Market Share, By End-Use Industry And Country
Figure 14 China Accounted For The Largest Share Of The Apac Market In 2020
4.4 Global Barrier Resins Market: Major Countries
Figure 15 India To Emerge As A Lucrative Market During The Forecast Period
4.5 Barrier Resins Market: Developed Vs. Developing Countries
Figure 16 Barrier Resins Market To Witness Higher Growth In Developing Countries
Figure 17 India And China To Register Highest Cagr In Apac During The Forecast Period

…….CONTINUED

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