Title: Barrier Films Market Strategies and Insight Driven Transformation 2020-2027
1Barrier Films Market To Reach USD 36.88 Billion
By 2026
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2 Market Summary
The development of food and beverage industries
owing to the rise in demand for consumers and
growth in population are propelling the market
growth. Market Size USD 25.39 Billion in
2018, Market Growth - CAGR of 4.7, Market Trends
The advent of environmentally friendly
packaging materials.
3 Our Approach
Market Summary
- The global barrier films market is forecast to
reach USD 36.88 Billion by 2026, according to a
new report by Reports and Data. Barrier films are
materials used for the packaging of goods. These
goods need to be protected not only from
contaminants like gas and moisture but also
insects and spillage. They also offer insulation
and offer certain properties like their
lightweight nature, robust build, and
uncompromising effect on the substrate. They are
flexible and printable and hence makes them
available for a wide array of applications. - The market for barrier films is influenced by the
rising demand for convenient food products, the
evolution of environment friendly chemicals
required by food and beverage industries, and
development of packaging industries, which
require large protective films. Apart from
edibles, these packaging products are used in
pharmaceutical industries and for toiletries.
They are also in high demand from the
agricultural industry where the transportation of
goods is very important. - The afore-mentioned factors collectively create
drivers for the market growth while factors such
as derogatory effects of barrier films pose
limitations in the market. These unfavorable
factors include the susceptibility to deformation
and degradation, along with the inconsistent
market prices for raw materials used in
production. These factors bring in restraints for
the market growth, which are being overcome with
further research in the field along with higher
commercialization of these products in the
general consensus. - Key participants include 3M, Honeywell
International Inc., Eastman Chemical Company,
Alcan Packaging, Fraunhofer-Gesellschaft, Centre
for Process Innovation Limited, Beneq, Toppan
Printing Co. Ltd., Sigma Technologies Int'l. LLC,
and General Electric Company, among others.
4 Our Approach
Market Summary
- To Get Sample Copy of Report visit
https//www.reportsanddata.com/sample-enquiry-form
/2144 - Segments covered in the report
- Contaminant Type Outlook (Volume, Kilo Tons
Revenue, USD Billion 2016-2026) - Oxygen and Other Gas
- Corrosion
- Moisture
- Others
- Material Type Outlook (Volume, Kilo Tons
Revenue, USD Billion 2016-2026) - Polyethylene
- Polypropylene
- Polyethylene Terephthalate
- Organic Coatings
- Inorganic Oxide Coatings
- Others
5 Our Approach
Market Summary
- End-Users Outlook (Volume, Kilo Tons Revenue,
USD Billion 2016-2026) - Food Beverage Packaging
- Pharmaceutical Packaging
- Agriculture
- Others
- Major Geographies Covered in the Barrier Films
Market Report - North America (U.S., Canada)
- Latin America (Chile, Brazil, Argentina, Rest of
Latin America) - Europe (U.K., Italy, Germany, France, Rest of
EU) - Asia Pacific (India, Japan, China, South Korea,
Australia, Rest of APAC) - Middle East Africa (Saudi Arabia, U.A.E.,
South Africa, Rest of MEA) - To get a Discount on the Barrier Films Market
Report, Click _at_ https//www.reportsanddata.com/dis
count-enquiry-form/2144
6 Our Approach
Market Summary
- Further key findings from the report suggest
- The polyethylene segment is expected to observe
the highest CAGR of 5.5 during the forecast
period. Films of this material helps in the
protection of shelf products from oxygen
degradation. Oxygen degradation causes
undesirable smell, taste, and color. This
increases the shelf life of products and hence
customer acceptability of the shelved goods. - Inorganic Oxide Coatings have been seen to have
held a market share of 8 in the year 2018. These
coatings prevent corrosion of the substrate.
These coatings can be applied with or without
electrical support and serve as a better
protector than paints. - Moisture protection barrier films are set to
witness a CAGR of 4.9 during the forecast
period. These films are used in the manufacturing
of drugs that are to be ingested and also for the
packaging of water sensitive products. They are
dissolved rapidly once ingested and also increase
the shelf life of the products. - Asia Pacific is forecasted to observe the highest
CAGR of 5.1 during the forecast period.
Countries like India, Japan, and China are
quickly catching up with the growth in the
barriers films market. The advent of packaged
food and beverage industries because of the
urbanization in the lives of the residents of
this region shall propel the market growth here. - Read More _at_ https//www.reportsanddata.com/report-
detail/barrier-films-market
7 Our Approach
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