New York, According to a new market research report published by Global Insight Services “Barrier Resins Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Barrier resins are materials that are used to create an impermeable barrier between two substances. This can be used to prevent the passage of liquids, gases, or other materials. Barrier resins are typically made from polymers, such as polyethylene or polypropylene.
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Key Trends
Barrier resins are a type of plastic that is used to create a barrier between two substances. They are often used in food packaging, as they can prevent the transfer of oxygen, water, and other chemicals. Barrier resins are typically made from polymers, such as polyethylene or polypropylene.
One of the key trends in barrier resin technology is the development of barrier resins that are more environmentally friendly. This is because traditional barrier resins are made from petroleum-based products, which can be harmful to the environment. There are a number of different types of eco-friendly barrier resins that are being developed, such as those made from plant-based materials.
Another key trend is the development of barrier resins that have improved barrier properties. This is because the better the barrier properties, the longer the food will stay fresh. One way that this is being achieved is by using nanotechnology to create resins with very small pores.
Key Drivers
Barrier resins are used in a variety of applications to improve the barrier properties of packaging materials.
The key drivers of the barrier resins market are the growing demand for packaged food and beverages, and the need for packaging materials that can extend the shelf life of products.
Barrier resins can also be used in packaging for pharmaceuticals and medical devices, as well as in industrial applications.
Market Segments
The Barrier Resins Market is segmented by type, end-use industry and region. By type, the market is divided into PVDC, EVOH and PEN. Based on end-use industry, it is bifurcated into food & beverage, pharmaceutical & medical, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Barrier Resins Market includes players such as DuPont, INEOS, INVISTA, NOVA Chemicals Corporation, Valspar Corporation, Mitsui Chemicals, Inc., EVAL Europe N.V, Honeywell International, Inc., The Dow Chemical Company and Kuraray Co., Ltd.
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Reasons to buy Barrier Resins Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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