NEW YORK, Feb. 17, 2016 /PRNewswire/ -- Barrier materials are used to block the penetration of small atmospheric and molecular gases such as O2, CO2, N2, water vapor, volatile flavor and aroma ingredients, into packaging. Barrier materials excel with regard to their physical and chemical properties, such as high heat resistance, high stability, and enormous physical durability. These materials are highly specialized in terms of their unique optical, chemical, and environmental properties. Barrier materials have a high potential to resolve a wide number of current material challenges in food & beverage, pharmaceutical, cosmetic, and agriculture applications.
Asia-Pacific is the biggest as well as the fastest-growing market for barrier materials, having a significant share of about 42.37% of the total market in 2014. The market patterns of barrier materials and its various products are continuously showing an upward trend, which is mainly due to the growing food & beverage and pharmaceutical industries. China is the leading country and the fastest-growing market in the region and also across the globe, closely followed by the U.S., at the global level in terms of consumption.
Among various major types of barrier materials, PVDC dominated the market with nearly 41.99% of the total barrier materials market share in 2014. EVOH is another major type segment that is expected to grow significantly, between 2015 and 2020.
This study aims to estimate the market of barrier materials in 2014, in terms of volume and value and project its demand by 2020. This market research study provides a detailed qualitative and quantitative analysis of the barrier materials market. It provides a comprehensive review of major market drivers, restraints, opportunities, and challenges in the market. The market is further segmented and projected by regions—Asia-Pacific, North America, Europe and RoW, which are further segmented by key countries in each region. We have used different secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of barrier materials. Primary sources that include experts from related industries and suppliers have been interviewed to verify and collect critical information as well as to assess the prospects of barrier materials.
It also includes the company profiling and competitive strategies adopted by various market players, including Kuraray Co., Ltd (Japan), The Dow Chemical Company (U.S.), E.I. DuPont de Numerous and Co. (U.S.), Solvay SA (Belgium), and Chang Chun Petrochemical Co., Ltd (Taiwan).
Scope of the report:
This research report categorizes the market of barrier materials on the basis of types, end-user industry, and region along with forecast of revenue and analyzing trends in each of the submarkets.
On the basis of types: The barrier materials market is segmented on the basis of materials such as PVDC, EVOH, and PEN. Each type is further described in detail in the report with value forecasts for aforementioned.
On the basis of end-user industries: The barrier materials market is segmented on the basis of end-user industries that include food & beverage, pharmaceutical, cosmetic, agriculture, and other end-user industries. Each end-user industry is further described in detail in the report with value forecasts for aforementioned period.
On the basis of region: The barrier materials market is segmented by regions—Asia-Pacific, North America, Europe, and RoW; and they are further segmented by key countries in each region that include China, India, Japan, Taiwan, the U.S., Germany, the U.K., France, The Netherlands, Italy, and Brazil.
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