Asia-Pacific is the Biggest as well as the Fastest-Growing Market for Barrier Materials

Date: 2015-11-15

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.

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). 

Contact With Us
Join templatemonster at google+
Customized Research
Request Sample