Global Barrier Resins Market to Exhibit a 4.4% CAGR Through 2025

The global barrier resins market which was last evaluated for worth US$2.7 bn during 2016, is expected to generate a value of US$3.9 bn by 2025, according to the latest research report titled “Barrier Resins Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” added into the database of Market Research Hub (MRH). The report also estimates that the global barrier resins market is predicted to exhibit a 4.4% CAGR during the assessment period from 2017 to 2025.

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The comprehensive report contains executive summary that shares key information about the global barrier raisins market including market size, market value in USD and market value share. The report has another section of market overview that provides details on key industry developments, identification of drivers and restraints for the market growth and future opportunities. According to the report, the growth in demand for small size flexible packaging and decrease in usage of PVC are some of the factors driving the growth of the global barrier raisins market. On the other hand, the report identifies that high production cost and long lead time becomes restraint to the growth of the market. As per the report, increasing awareness about consumption of high quality food products and growing need for increasing the shelf life of food products are some of the future opportunities available in the global market of barrier raisins.

The study uses analysis techniques such as porter’s Analysis, value chain analysis and SWOT analysis to conduct in-depth analysis of global barrier resins market. The material segment is further sub-segmented into Nylon, EVOH, PVDC and others. The application segment is divided into chemical industry, cosmetics & personal care, agriculture, food & beverage, medical and others. The last section of region is categorized into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The report has also bifurcated the global market of barrier raisins into material, application and region and shares details of analysis in terms of key findings, market value share, market size forecast and market attractiveness analysis. The report estimates that food and beverage application segment which has led the market during 2016, is expected to generate a CAGR of 4.6% during the forecast period.

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The report throws some light on competition involved in the global barrier raisins market by listing major companies operating in the market some of which are The Dow Chemicals Company, E. I. DU PONT DE NEMOURS AND COMPANY, Kuraray Co., Ltd., Mitsubishi Gas Chemical, Inc, Asahi Kasei Corporation and Solvay S.A..

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This release was published on openPR.