Reports and Data estimates the global Barrier Films competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Barrier Films during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Amcor Plc, Raven Industries, Inc., Berry Global, Inc., Toppan Printing Co., Ltd., Jindal Poly Films Limited, Sealed Air Corporation, Bemis Company, Inc., Mondi plc, Winpak Ltd., and Cosmo Films Limited
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Restraint: degradability susceptibility
Barrier films are sensitive to oxidative degradation at high temperatures. PVDC, which contains properties comparable to PVC, becomes unstable when exposed to UV radiation and heat. The existence of pinholes and fractures in the coated layers is the primary cause of barrier film degradation. Nylon is one of the materials utilized in the manufacturing of barrier films that provide better flavor and gas barrier control. Nylon, on the other hand, readily absorbs moisture and acts as a plasticizer, reducing the polymer’s gas barrier properties. When exposed to light or high temperatures, several of the resins used to make barrier films change their properties. It affects the mechanical and tensile strengths of films and, in some cases, causes scaling. Multilayer films have qualities that single-layer films do not have, including increased strength and resilience. These are created by combining two or even more co-extruded or laminate thermoplastic films to create a single homogeneous film with unique individual layers. These offer a number of qualities that monolayer films cannot match. However, because these multilayer films are made from a range of materials, their recyclability is a serious issue. As a result, recycling various materials requires separate processing, which is not a viable option.
Material Outlook:
Based on material, the global barrier films market has been segmented into Polypropylene (PP), Polyethylene Terephthalate (PET) / Biaxially-Oriented Polyethylene Terephthalate (BoPET), polyamide, organic coatings, Polyethylene (PE), inorganic oxide coatings, and others. Polyethylene (PE) segment is expected to account for largest revenue share in the global market over the forecast period due to rising application of polyethylene. Polyethylene is utilized in crates, trays, dairy and soft drink bottles, food packaging covers, jerry cans, barrels, and commercial bulk containers, among others. Polypropylene offers a suitable toughness to the finished product in such applications. Polyethylene is used in a variety of consumer products, such as garbage cans, kitchenware, freezer containers, toys, and more, because of its low cost and ease of processing. Polyethylene is primarily used in ropes, fisheries and sports nets, farming nets, industrial and ornamental fabrics, and other applications because of its high tensile strength. Other uses for polyethylene include pipes and fittings owing to its chemical and hydrolyzed resistance, and in vehicle fuel tanks, wire and cable energy sheeting, and telecommunications wires. Furthermore, expanding scope of application of polyethylene across various industries is expected to drive growth of this segment over the forecast period.
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For the purpose of this report Reports and Data has segmented global Barrier Films market on the basis of type, application, and region:
By Properties Outlook
- Corrosion Resistance
- Oxygen & Other Gas Resistance
- Moisture Resistance
- Others
By Type Outlook
- Low Barrier
- Medium Barrier
- High Barrier
- Ultra-High Barrier
By End-Use Outlook
- Pharmaceutical Packaging
- Food & Beverage Packaging
- Agriculture
- Electronics
- Aerospace
- Automotive
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
- What is the expected year-on-year growth of the Barrier Films during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
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