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Prolonged Food Freshness Drives Growth In The Barrier Resins Market: The Driving Engine Behind Barrier Resins Market Evolution in 2025
Barrier Resins
Barrier Resins Market Size Growth Forecast: What to Expect by 2025?
The market size for barrier resins has experienced robust growth in the preceding years. It is projected to increase from $3.86 billion in 2024 to $4.1 billion in 2025, with a compound annual growth rate (CAGR) of 6.2%. The notable growth during the historical period can be credited to an increased requirement for food packaging, higher consumer consciousness regarding food safety, regulatory adherence, expansion of the pharmaceutical sector, and market globalization.
How Will the Barrier Resins Market Size Evolve and Grow by 2029?
In the coming years, the market size of barrier resins is anticipated to see robust growth, swelling to $5.72 billion by 2029 with an 8.7% compound annual growth rate (CAGR). Factors contributing to this projected expansion in the forecast period can be traced back to the surge in e-commerce, escalating demand in the agriculture sector, the booming packaging industry, and an increase in disposable income. Notable trends in the predicted period encompass digital printing on barrier packaging, antimicrobial barrier coatings, eco-friendly barrier resins, recyclable barrier materials, and high-barrier films.
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What Drivers Are Propelling the Growth of Barrier Resins Market Forward?
The desire for prolonged durability of food items is propelling the expansion of the barrier resins market. A surge in interest for food items that last longer has been observed. Barrier resins, utilised in the food and beverage packaging sector, safeguard packaged goods from humidity and avert gas infiltration. They offer increased longevity and stability, and block odours and UV rays from penetrating the package, thereby preserving the food's vitamin content. In the UAE, FMCG company Truebell experienced a thrice-over enhanced demand for durable goods. An upsurge in the popularity of lasting food products, as well as baking components coupled with intensified consumption of home-prepared meals was observed by the company. As such, the escalating demand for food products with an extended shelf life will spearhead the growth of the barrier resins market.
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Which Emerging Trends Are Transforming the Barrier Resins Market in 2025?
Top corporations in the barrier resins industry, such as Covestro AG, are venturing into the creation of innovative products like Decovery CQ 6010 to boost their market profits. Introduced in May 2023 by the German materials firm Covestro AG, Decovery CQ 6010 is a semi bio-based resin. It is ideal for numerous culinary uses due to its resistance to oil, grease, and moisture barriers. The resin, procured freely from sources like maize, castor beans, and tree bark, accounts for approximately 37% of its make-up. Moreover, Decovery CQ 6010 has a significantly lower carbon footprint in comparison to virgin PE and traditional fossil-based coatings.
What Are the Key Segments in the Barrier Resins Market?
The barrier resins market covered in this report is segmented -
1) By Packaging Type: Flexible Packaging, Rigid Packaging
2) By Resin Type: Polyvinylidene Chloride, Ethylene Vinyl Alcohol, Polyethylene Naphthalate, Polyamide, Polyethylene Terephthalate, Polyethylene, Polypropylene, Polyvinyl Alcohol, Other Resin Types
3) By Application: Food And Beverage, Pharmaceutical And Medical, Cosmetics, Agriculture, Industrial, Other Applications
Subsegments:
1) By Flexible Packaging: Pouches and Bags, Wrappers, Films and Laminates
2) By Rigid Packaging: Containers, Trays and Tubs, Caps and Closures
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Who Are the Key Players Shaping the Barrier Resins Market's Competitive Landscape?
Major companies operating in the barrier resins market include Kuraray Co. Ltd., The Dow Chemical Company, Tenjin Limited, Asahi Kasei Corporation, Solvay International SA, E.I. du Pont de Nemours and Company, Nspec Ethylene Oxide and Specialities, LyondellBasell Industries NV, Honeywell International Inc., Mitsui Chemicals Inc., LG Chem Ltd., INVISTA Textiles UK Ltd., Chang Chun Petrochemical Co. Ltd., Mitsubishi Chemical Corporation, Valspar Corporation, Saudi Basic Industries Corporation, Borealis Ag, China Petroleum & Chemical Corporation, Braskem S.A., Hanwha TotalEnergies Petrochemical Co. Ltd., NOVA Chemicals Corporation, EVAL Europe N.V, Zhejiang Juhua Co. Ltd., Toray Industries Inc., Mitsubishi Gas Chemical Company Inc., Elion Technology Co. Ltd., Kureha Corporation, Kuraray America Inc., Eastman Chemical Company, Exxon Corporation., Chevron Phillips Chemical Company LLC, Berry Global Inc., Sealed Air Corporation, Amcor Limited, Bemis Company Inc., Sumitomo Chemical Co. Ltd., Daikin Industries Ltd.
What Geographic Markets Are Powering Growth in the Barrier Resins Market?
Asia-Pacific was the largest region in the barrier resins market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the barrier resins market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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