The report [211 Pages Report] "Barrier Resins Market by Type (PVDC, EVOH, PEN), Application (Food & Beverage, Pharmaceutical & Medical, Cosmetics, Agriculture, Industrial), and Region (Asia-Pacific, North America, Europe, South America, Middle East & Africa) - Global Forecast to 2026", The global barrier resins market is projected to reach USD 3.52 Billion by 2026, at a CAGR of 5.85% from 2016 to 2026.
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In 2015, the food & beverage application segment accounted for the largest market share, in terms of volume, followed by the pharmaceutical & medical, cosmetics, agriculture, industrial, and other applications. The rising demand for new product innovation, as well as the need for research and development in barrier resins to maintain the consistent quality of the end-product, has encouraged companies to adopt organic and inorganic strategies which will increase their market shares in the respective regions.
Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Patent Details
8 Barrier Resins Market, By Type
9 Barrier Resins Market, By Application
10 Barrier Resins Market, By Region
11 Competitive Landscape
12 Company Profiles
The Asia-Pacific region is expected to grow at the highest rate in the barrier resins market, in terms of value and volume, from 2016 to 2026. In recent years, the demand for the food & beverage and pharmaceutical & medical applications has increased in the Asia-Pacific region due to the growing population and rising disposable incomes, thus driving the barrier resins market in the region. Barrier resins are primarily used for the protection of the pharmaceutical products from light, moisture, oxygen, biological contamination, and mechanical damage.
The key players in this market are Asahi Kasei Corporation (Japan), Chang Chun Petrochemical Co., Ltd. (Taiwan), E.I. du Pont de Nemours and Company (U.S.), INVISTA (U.S.), Kuraray Co., Ltd (Japan), Kureha Corporation (Japan), Solvay S. A. (Belgium), Teijin Limited (Japan), The Dow Chemical Company (U.S.), The Nippon Synthetic Chemical Industry Co., Ltd. (Japan), Zhejiang Juhua Co., Ltd. (China), Honeywell International, Inc. (U.S.), and Ineos Group Limited (Switzerland).
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