openPR Logo
Press release

High Performance Barrier Films Market is expected to reach US$ 15.6 Billion in 2032

09-14-2022 07:49 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Future Market Insights

Future Market Insights

Growth of high-performance barrier films depends on busy consumer lifestyle and constant demand for on-the-go and convenience products. High-performance barrier films primary function is to protect the product from moisture and oxygen. High-performance barrier films fulfills the increasing demand for barrier protection for aroma, flavor, UV radiation, carbon dioxide and chemicals.

Food packaging accounts for almost 70% in the global high-performance barrier films demand. High-performance barrier films are manufactured using resins such as PET, EVOH, PTFE (polytetrafluoroethylene), PVdC, polyamide, polyethylene naphthalene (PEN), aluminum and others. High-performance barrier films find application in industries including packaging, construction, automobile, electronics & electricals. High-performance barrier films exhibit features such as chemical resistivity, high tear strength and high tensile strength.

Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-9334

Advancement in technology, particularly in fields such as pharmaceutical drug formulation, electronics, food processing. Technological advancement in high-performance barrier films has increased demand for protective packaging and solutions which improve the shelf-life of the product while maintaining low permeation rate and its integrity. The growth of non-food markets such as pharmaceuticals and cosmetics and toiletries is much higher than food high-performance barrier films application. High-performance barrier films resin manufacturers continue to develop and improve plastic films and additives for packaging production.

Global high-performance barrier films: Dynamics

Rising demand for high-performance barrier films in solar PVs and semiconductor insulations expected to boost demand. Additionally, high-performance barrier films are used in food processing industry and pharmaceutical blister packaging, which is expected to fuel the demand during the forecast period. Over 65% of high-performance barrier films are used for packaging purpose. Growing application of chemically inert and flexible material for packaging food and beverages is likely to fuel high-performance barrier films growth. The rising consumer awareness for food hygiene and safety is expected to boost demand for high-performance barrier films.

Some high-performance barrier films manufacturers are adopting sustainability strategies by creating renewable cellulose-based barrier and biodegradable films. For instance Innovia Films and Sappi Fine Paper Europe have combined their compostable substrates - Innovia's 'NatureFlex' and Sappi's 'Algro Nature' - that provides a packaging solution that offers for either industrial or home composting.

The demand for food with a high quality and most importantly longer shelf life has led to the increase in the demand for multilayer film structures that can keep the food product fresh or consumable for several days. Recycling becomes a particular problem with multi - layer barrier films structures containing more than one type of plastic. As high-performance barrier films are difficult to separate and may hamper the growth.

Ask an Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-9334

Global high-performance barrier films: Regional Outlook

Geographically, the high-performance barrier films market is segmented into North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East & Africa (MEA). The US & Germany is expected to be a mature market in the high-performance barrier films market. While, India & China are expected to witness the maximum growth of high-performance barrier films during the forecast period mainly due to the changing consumer life style and the demand for packaging that increases the shelf life of the product.

Emerging and developing economies such as India, Indonesia, and Vietnam etc. are forecast to grow at twice the rate of matured countries such as the US, Germany, Italy, France etc. and offer the lucrative opportunities for the high-performance barrier films market. GCC Countries and South Africa are also expected to experience an above average growth in the high-performance barrier films market.

Global high-performance barrier films: Key Manufacturers

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 LLC.
Klöckner Pentaplast Europe GmbH & Co
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with cosmetic containers market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Regional analysis includes -

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan (APEJ)
Japan
Middle East & Africa (MEA)
Request Complete TOC @ https://www.futuremarketinsights.com/toc/rep-gb-9334

Global high-performance barrier films: Segmentation

On the basis of material, the Global high-performance barrier films market is segmented on the basis of material in to:

Polyethylene (PE)
Polypropylene (PP)
Polyethylene Terephthalate (PET)
Polystyrene (PS)
Polyvinyl Chloride (PVC)
Polylactic acid
On the basis of material, the Global high-performance barrier films market is segmented on the basis of packaging format in to:

Bags & Pouches
Stand-up Pouches
Retort
Non-Retort
Tray Lidding Films
Forming Webs
Wrapping Films
Blister Pack Base Webs
On the basis of material, the Global high-performance barrier films market is segmented on the basis of end-use in to:

Food & Beverage
Pharmaceuticals
Electronics
Construction
Agriculture & Allied Industries

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release High Performance Barrier Films Market is expected to reach US$ 15.6 Billion in 2032 here

News-ID: 2733677 • Views: 161

More Releases from Future Market Insights

Automatic Filling Machine Market expanding at a CAGR of 4.6% by the year 2032
The market for automatic filling machines is anticipated to reach a value of US$ 6,619.1 million in 2022 and grow at a moderate CAGR of 4.6% over the same period. By 2032, the market is anticipated to increase to a value of US$10,378.0 million. According to Future Market Insights' analysis, the historical CAGR was 2.6%. Automatic filling machines, which are tools used to fill holding containers like pouches, bags, bottles, and boxes with solid, semi-solid, and liquid product
Market for Gourmet Salts is Expected to Expand at US$ 480.06 Mn by 2032 | FMI
The market for gourmet salts worldwide is predicted to increase at a CAGR of 7.3% over the course of the projected period. It is projected to increase in value from US$ 237.3 Mn in 2022 to US$ 480.06 Mn by 2032. Gourmet salts are unrefined, top quality salts obtained from a natural source with a low sodium content. This salt is used in cuisine to enhance taste of food and also
Lactose-free Cheese Market to Surpass US$ 1.5 Bn by 2032 with Burgeoning Prevale …
According to FMI, the global lactose-free cheese market size is expected to reach a valuation of US$ 676.3 Mn by the end of 2022. The market is set to accelerate at a CAGR of 8.4% during 2022-2032. It is anticipated to be valued at US$ 1,515.1 Mn in 2032. FMI further states that around 35% of the global population was lactose intolerant, and 28% had dairy sensitivity or allergy in 2020.
Electrical Steel Market to grow at a rate of 6.5% by 2031 | Get Customized Repor …
The electrical steel market value will total US$ 37.5 Bn in 2021, as per Future Market Insights (FMI). Exhibiting a CAGR of 6.5% for 2021-2031, the market is expected to reach US$ 70.5 Bn by the end of 2031. Despite logistical challenges amid restrictions imposed to contain the pandemic in 2020, the market is forecast to register 5.3% year-on-year growth in 2021. The demand for electrical steel will surge particularly in

All 5 Releases


More Releases for Poly

Poly-Vents Market to Witness Remarkable Growth | Filtration Group Corporation; P …
Data Bridge Market Research has provides the Qualitative and informative knowledge by adding titled “Poly-Vents Market Analysis and Forecast, 2020 – 2027”. In this report, Researchers have analysed Strength, Weakness, opportunities and threats in the market and provides the unbiased picture of the market with the informative knowledge. The Poly-Vents Market report additionally states import/trade utilization, free market activity figures, cost, value, volume and gross edges. The study bridges the historical
Poly-Vents Market To Witness Astonishing Growth | Competitive Outlook By Filtrat …
The Latest survey report on Poly-Vents Market?research gives a holistic overview of the growth and other aspects of the industry in vital countries (regions). The regions provided in this market document show the geographical boundaries across the globe. This report is a wonderful guide to achieve an information or key data about market, emerging trends, product usage, customer inclinations, motivating factors for customers, competitor strategies, brand positioning, future trends, customer
Poly Adenosine Diphosphate Ribose Polymerase Market Drivers
Poly adenosine diphosphate ribose polymerase (PARP) is a family of 17 enzymes that combine several (poly) units of ADP-ribose in a chain and transfer them to the target proteins. These proteins aid in restoring the damage in DNA caused due to various factors such as exposure to UV rays, radiation, some anti-cancer drugs or other substances in the environment. PARP inhibitors aid in blocking the enzyme important for the repair
Poly Adenosine Diphosphate Ribose Polymerase Market Drivers
Poly adenosine diphosphate ribose polymerase (PARP) is a family of 17 enzymes that combine several (poly) units of ADP-ribose in a chain and transfer them to the target proteins. These proteins aid in restoring the damage in DNA caused due to various factors such as exposure to UV rays, radiation, some anti-cancer drugs or other substances in the environment. PARP inhibitors aid in blocking the enzyme important for the repair
Poly Hydroxyalkanoate Market Analysis Report
The global Poly Hydroxyalkanoate market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2017, growing at a CAGR of XX% between 2016 and 2022. Detailed Report With TOC: https://www.reportsandmarkets.com/reports/global-and-japan-poly-hydroxyalkanoate-market-analysis-report-1532782 Japan plays an important role in the global market, with the market size of xx million USD in 2016 and will be xx million USD in 2017, with a CAGR of
Poly Hydroxyalkanoate Market Research Report 2017-2022
The global Poly hydroxyalkanoate market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Detailed Report With TOC Here: https://www.reportsandmarkets.com/reports/global-poly-hydroxyalkanoate-market-research-report-types-applications-1532600 This report offers an overview of the market trends, drivers, and barriers with respect to the Polyhydroxyalkanoate market. It also provides a detailed overview of the market of different regions