The report [211 Pages Report] "Barrier Resins Market by Type (PVDC, EVOH, PEN), Application (Food & Beverage, Pharmaceutical & Medical, Cosmetics, Agriculture, Industrial), and Region (Asia-Pacific, North America, Europe, South America, Middle East & Africa) - Global Forecast to 2026", The global barrier resins market is projected to reach USD 3.52 Billion by 2026, at a CAGR of 5.85% from 2016 to 2026.

Request for PDF of report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=231202902

Drivers & Opportunities in global industry:

High Growth of Pharmaceutical Packaging Industry in Emerging Economies
Enhanced Shelf Life of Packaged Food Products
Growing Urbanization and Changes in Lifestyle Driving the Food Packaging Market
Development of Bio-Based Barrier Resins
Growing Consumer Awareness About Food Safety
China leads the Asia-Pacific region barrier resins market due to its huge population and growing economy. It is projected to be the fastest-growing global barrier resins market. Rapid developments in the barrier resins technology in major economies, namely, China, India, and Japan is vigorously pushing the demand for barrier resins in the Asia-Pacific region. Also, with the increasing demand and rising incomes, China is expected to remain the main hub for the consumption of barrier resins during the forecast period.

 The growth of the barrier resins market is mainly due to the growth of the pharmaceutical packaging industry in emerging economies, the enhanced shelf life of packaged food products, and the growing urbanization and changing lifestyles that are driving the food packaging market. The Asia-Pacific is the fastest-growing region in the application of barrier resins, as, the various countries in the region, mainly India and China are growing at a rapid pace and expanding exponentially with the high growth of end-use industries.

 Ethylene vinyl alcohol (EVOH) is projected to be the largest type in the global barrier resins market. EVOH is a highly flexible thermoplastic barrier resin that is used in the food & beverage and pharmaceutical packaging applications, as it is highly transparent, weather, oil & solvent resistant, moldable, and recyclable. Owing to their superior gas barrier properties, EVOH copolymers are often used as the internal layer in multilayer food packaging films and blow-molded rigid containers for a variety of packaging purposes. Technological advancements in EVOH, due to the high barrier resistance property against oxygen and moisture, required in food packaging applications, is boosting the global barrier resins market.

The key players in this market are Asahi Kasei Corporation (Japan), Chang Chun Petrochemical Co., Ltd. (Taiwan), E.I. du Pont de Nemours and Company (U.S.), INVISTA (U.S.), Kuraray Co., Ltd (Japan), Kureha Corporation (Japan), Solvay S. A. (Belgium), Teijin Limited (Japan), The Dow Chemical Company (U.S.), The Nippon Synthetic Chemical Industry Co., Ltd. (Japan), Zhejiang Juhua Co., Ltd. (China), Honeywell International, Inc. (U.S.), and Ineos Group Limited (Switzerland).

Early buyers will receive 10% customization on this report.

Don't miss out on business opportunities in Barrier Resins Market.

Read our blog for more details: https://chemabd007.blogspot.com/2019/03/barrier-resins-market-worth-usd-352.html

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide 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 a 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.

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