142 Pages Report on Barrier Material Market was valued at USD 1.74 Billion in 2014 and is expected to reach USD 2.64 Billion by 2020, at a CAGR of 7.26%, between 2015 and 2020.

Barrier materials are categorized into varied types, such as PVDC, EVOH, and PEN, based on their functionalities. They possess inherent properties, such as high durability, strong impact and thermal, and chemical resistances. PVDC are advantageous in terms of transparency, gloss & printing characteristics, good scratch & abrasion resistance, and antilog as compared to other types. PVDC are readily available and can be easily converted into finished products, thereby meeting the necessary performance demands for varied applications, such as food & beverage, pharmaceutical, cosmetic, and agriculture industries.

Download Free PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=53103702

The major types of barrier materials include PVDC, EVOH, and PEN. The demand for barrier materials is expected to be high across industries such as food & beverage, pharmaceutical, cosmetic, and agriculture.

The barrier material market is observing a huge number of opportunities from which future growth is expected. The Supply-demand gap in raw materials and safeguarding against counterfeit products are the major challenges in the barrier material market.

On the basis of end-user industry, the barrier material market is further categorized into food & beverage, pharmaceutical, cosmetic, and agriculture, and others. In terms of volume, the food & beverage segment accounted for the largest share of 48.13% of the market in 2014, while, the market share for pharmaceutical was estimated to be 24.35%. The food & beverage end-user application of barrier materials is projected to grow at the highest CAGR of 5.20% between 2015 and 2020, in terms of volume. The growth in end user-segment is primarily driven by the growing food & beverage and pharmaceutical industries, mainly in the developing nations.

For More Info: https://www.marketsandmarkets.com/Market-Reports/barrier-materials-market-53103702.html

The major players of barrier material include Kuraray Co., Ltd (Japan), The DOW Chemical Company (U.S.), E.I. Du Pont de Numerous and Co. (U.S.), Solvay SA (Belgium), and Chang Chun Petrochemical Co., Ltd (Taiwan), Kureha Corporation (Japan), Ashahi Kasei Corporation (Japan), Teijin Limited (Japan), and Zhejiang Juhua Co., Ltd. (China).

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: [email protected]