Global Barrier Materials
Market expected to grow at a significant CAGR in the upcoming years as the
scope and its applications are rising enormously across the globe. Barrier
materials are the packaging or enclosure material used to stop passage of
gases, radiation, or liquids. To convey a range of functionality to the film,
barrier film assembly is characteristically multilayer by lamination. In
packaging of food and beverages to surge the shelf life of the consumables, the
US Food and Drug Administration (FDA) have made it compulsory to use barrier
materials.Prominent factors that are playing major role in the growth of
Barrier Materials Market are, high chemical and thermal stability, high
resistance to bending, transparency, ability to process under gentle reaction conditions,
and are suitable for roll-to-roll manufacturing. Barrier Materials Market
segmented based on type, end users, and region. Type into PEN, PVDC, and EVOH
classify Barrier Materials Market.
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The PVDC segment accounted for
the largest market share of Barrier Materials Market and expected to remain
dominant in the upcoming years. The reason being, increasing demand for
high-performance packaging applications like food and beverage, cosmetics, and
scratch resistant. Moreover, PVDC consists of properties such as gloss and
printing characteristics, antilog, and provides suitable transparency. It is a
barrier polymer, formed by the polymerization of a vinylidene chloride monomer
(acrylic esters and unsaturated carboxyl groups).On the other hand, EVOH segment
estimated to grow at fastest pace over the foremost period. The reason being,
it is highly flexible thermoplastic barrier material and inclusively used in
food & beverage and pharmaceutical packaging as these are weather, oil
& solvent resistant, moldable & recyclable, and highly transparent.
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| Barrier Materials Market by Million Insights |
End user into Agriculture
Industry, Food and Beverage Industry, Cosmetics Industry, Pharmaceutical
Industry, and others classify Barrier Materials Market. The food & beverage
segment is growing at a fastest pace and estimated to grow at highest CAGR in
the upcoming years. The reason being, these materials prevents degradation of
nutrients from oxidation by eliminating the entry of oxygen and other gases, it
extend shelf life, and preserve flavor and quality.Barrier Materials Market
segmented, geographically into America (North America, South America), Europe
(Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and
Africa. Globally, Asia Pacific regional market accounted for the largest market
share of Barrier Materials Market in terms of volume and will maintain its
dominance in the upcoming years. India and China are the major consumers of
barrier materials in this region. The reason being, rising population,
promising investment policies, and government initiatives to endorse industrial
growth.
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