Barrier Resins Market was valued US$ 12.4 Bn in 2021 and is expected to grow US$ 18.88 Bn by 2029, at a CAGR of around 5.40% during the forecast period.
Barrier Resins Market Overview
The current situation of the market in terms of definitions, classifications, applications, and industrial chain structure is included in the Barrier Resins Market Research Report. The study offers objective, professional commentary on the current state of the market, market performance, rates of production and consumption, ratios of demand and supply, and revenue creation during the forecast period. The top companies operating in the industry are profiled in the Barrier Resins market study along with their strategic goals and corporate expansion plans. Among the techniques assessed in the study are brand marketing, product launches, joint ventures, partnerships and collaborations, government and corporate transactions, mergers and acquisitions, and partnerships and collaborations.
Barrier Resins Market Scope
The Maximize Market research Report provides Barrier Resins market insights for manufacturers, suppliers, distributors, and investors. All stakeholders in the Barrier Resins market, including industry experts, researchers, journalists, and business researchers, can benefit from the information and statistics provided in the report.
Maximize Market Research report explains how to do in-depth research on the Barrier Resins market and develop conclusions about the market's future growth factors. The research technique combines primary and secondary research methodologies to ensure the authenticity and validity of the findings in the research.
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Segmentation
By the material type analysis, Ethylene vinyl alcohol (EVOH) is expected to hold the largest market share of the global barrier resins market by 2029. EVOH is a highly flexible thermoplastic barrier resin that has main applications in the food & beverage and pharmaceutical packaging as it is highly transparent, oil & solvent resistant, moldable, and recyclable. Also, the EVOH barrier resin has superior barrier properties compared to other high barrier materials. Polyvinylidene Chloride (PVDC) and is capable of meeting other demanding requirements, as an oxygen barrier in medical packaging, flavor preservation in coffee, and a barrier to fragrances and solvents in cosmetics packaging.
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Key Players
• Kuraray Co., Ltd.
• The Dow Chemicals Company
• E. I. DU PONT De Nemours And Company
• Asahi Kasei Corporation
• Solvay S.A.
• Honeywell International Inc.
• Mitsubishi Gas Chemical, Inc.
• INEOS Group Ltd.
• Invista
• Chang Chun Petrochemical Co., Ltd.
• Kureha Corporation
• Teijin Limited
• The Nippon Synthetic Chemical Industry Co., Ltd.
• Zhejiang Juhua Co., Ltd.
• Valspar
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Regional Analysis
The report on the Barrier Resins Market's growth provides a detailed regional analysis. It demonstrates the most significant regional divides, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, has global influence. To keep ahead of the competition, market research gains a better perspective and understanding of the market and target audience.
Key Questions answered in the Barrier Resins Market Report are:
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Mar 05, 2023