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Global Barrier Resins Market Growth, Share, Size, Trends, and Forecast (2023 - 2032) | Kuraray Co., Ltd., The Dow Chemical Company, Tenjin Limited, Asahi Kasei Corporation, Solvay Internationa
Barrier Resins Market Report
As per the barrier resin market report by The Business Research Company, an increase in demand for the longer shelf life of food products is contributing to the growth of the barrier resin market. There has been an increasing demand for food products with a longer shelf life. Barrier resins are used in the food and beverage packaging industry to protect packed goods from moisture and to prevent gas penetration. They provide enhanced shelf life and consistency and prevent odours and UV rays from entering the container, thus protecting the vitamin content of the food.
The global barrier resins market size grew from $3.41 billion in 2022 to $3.61 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The barrier resins market size is expected to grow to $4.56 billion in 2027 at a CAGR of 6.0%.
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Major competitors in the barrier resin market include Kuraray Co., Ltd., The Dow Chemical Company, Tenjin Limited, Asahi Kasei Corporation, Solvay Internationa, El du Pont de Nemours and Company, Ineos, Lyondellbasell Industries, Honeywell International Inc., Mitsui Chemicals, Inc., LG Chem, INVISTA, Chang Chun Petrochemical Co., Ltd., Mitsubishi Chemical Corporation, Valspar Corporation, Sabic, Borealis Ag, Sinopec, Braskem S.A., Hanwha Total Petroleum, NOVA Chemicals Corporation, EVAL Europe N.V, Zheijang Juhua Co., Ltd., Toray Industries and Mitsubishi Gas Chemical Company Inc.
The barrier resin market is segmented -
•By Packaging Type: Flexible Packaging, Rigid Packaging
•By Resin Type: Polyvinylidene Chloride, Ethylene Vinyl Alcohol, Polyethylene Naphthalate, Polyamide, Polyethylene Terephthalate, Polyethylene, Polypropylene, Polyvinyl Alcohol, and Other Resin Types
•By Application: Food and Beverage, Pharmaceutical and Medical, Cosmetics, Agriculture, Industrial, and Other Applications
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the barrier resin market.
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Barrier resins refer to plastics that are used in packaging to prevent the penetration of gases, vapors (water or solvent), or liquids. Barrier resins are plastics used in packaging to prevent the passage of gases (oxygen, carbon dioxide, and nitrogen), vapor (water or solvent), or liquid.
The Table Of Content For The Barrier Resins Market Include:
1. Executive Summary
2. Barrier Resins Market Characteristics
3. Barrier Resins Market Trends And Strategies
4. Barrier Resins Market - Macro Economic Scenario
5. Barrier Resins Market Size And Growth
……
26. Africa Barrier Resins Market
27. Barrier Resins Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Barrier Resins Market
29. Barrier Resins Market Future Outlook and Potential Analysis
30. Appendix
The "Global Barrier Resins Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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