Report Description

Global Barrier Resins Market is projected to grow at an impressive rate through 2028. This can be ascribed to the barrier resins in food packaging continues to be driven by improvements in food product shelf life, increased urbanization, shifting lifestyle trends, and growth in the pharmaceutical packaging sector in developing economies. In September 2022, the production volume of processed paper and cardboard in China was approximately 11.1 million metric tons.

However, the main challenges facing the market for barrier resins are rising prices, tight regulatory requirements, environmental regulations, and political standards. The demand for Barrier Resins is also anticipated to increase during the projected period as more application sectors choose sustainable packaging solutions due to regulatory restrictions.

The market for barrier resin is expanding as consumers desire food goods to last longer on the shelf. The demand for food goods with extended shelf lives has been rising. In food and beverage packaging, barrier resins seal out gases and protect items from moisture. They give the food a longer shelf life and better consistency, shield it from UV radiation and odors, and safeguard the food's nutrient content in the process.

Promising Demand from Packaging Industry
The global market for barrier resin is segmented into various application categories; however, demand for packaging from food and beverage is a promising driving factor. The packaging of food and drink items such as meat, fish, beer, wine, carbonated soft drinks, and canned milk is the main application of resin in this industry, which is the largest. Barrier resins are used in food and beverage packaging to protect vitamin content, increase shelf life, and improve food quality. They also stop odor and UV light penetration. There is a greater need for packaging due to growing urban populations, increasing demand for FMCGs, pharmaceuticals, and other consumer durables, and developing health and hygienic packaging issues. Due to its capacity to provide creative solutions to numerous packaging problems, the packaging is in high demand. IBEF adds that one of the most significant industries in the nation is food processing, which generates 70% of its revenue from retail and accounts for 32% of the country's overall food market while ranking fifth in production, consumption, and exports.

Growing Technological Advancement for Sustainable DevelopmentMany plants, particularly coniferous trees, naturally contain resin. Resin is a viscous substance that often transforms into polymers in polymer chemistry. Such dense compounds can be naturally occurring, manufactured, or plant derived. Resins are often blends of organic substances. Creating more ecologically friendly barrier resins is one of the significant trends in barrier resin technology. This is because conventional barrier resins are made using potentially hazardous petroleum-based materials. Environmentally friendly barrier resins are produced in various forms, including those derived from plant-based substances. During the predicted timeframe, sustainability tendencies are expected to increase. Because of how plastic is made, sustainability will always be a challenge. However, recycling, and other development streams will help to balance out such sustainability concerns. For instance, the Coca-Cola European partners promised to recycle 50% of the plastic used in PET bottles by 2025 and to collect all packaging in Western Europe. In the European region, PepsiCo declared a long-term goal of using 50% recycled plastic in its bottles by 2030 and a short-term target of about 45% by 2025.


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Market Segmentation

Global Barrier Resins market is segmented by type and application type. Based on product type, the market is divided into polyvinylidene chloride (PVDC), ethylene vinyl alcohol (EVOH), polyethylene naphthalate (PEN). Based on application, the market is segmented into food & beverage, pharmaceutical & medical, cosmetics, agriculture, others.

Market Players
Asahi Kasei Corporation, Chang Chun Petrochemical Co. Ltd., Du Pont de Nemours, Honeywell International, Inc., Mitsui Chemicals Inc., LG Chem, Teijin Limited, The Dow Chemical Company, The Nippon Synthetic Chemical Industry Co., Ltd, and Kuraray Co., Ltd are some of the key market players.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in metric tons, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, Volume Forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

           Type

           Application

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Canada, Mexico; China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Italy, Spain; Brazil, Argentina, Colombia; South Africa, UAE, Saudi Arabia, Turkey, and Egypt.

Key companies profiled

Asahi Kasei Corporation, Chang Chun Petrochemical Co. Ltd., Du Pont de Nemours, Honeywell International, Inc., Mitsui Chemicals Inc., LG Chem, Teijin Limited, The Dow Chemical Company, The Nippon Synthetic Chemical Industry Co., Ltd, and Kuraray Co., Ltd

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Global Barrier Resins Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Barrier Resins Market, By Type:
    • Polyvinylidene Chloride (PVDC)
    • Ethylene Vinyl Alcohol (EVOH)
    • Polyethylene Naphthalate (PEN)
  • Global Barrier Resins Market, By Application:
    • Food & Beverage
    • Pharmaceutical & Medical
    • Cosmetics
    • Agriculture
    • Others
  • Global Barrier Resins Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • India
      • Japan
      • Taiwan
      • South Korea
      • Australia
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies in Global Barrier Resins Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Barrier Resins Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, and Trends

4.    Voice of Customer

5.    Global Barrier Resins Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value & Volume

5.2.  Market Share & Forecast

5.2.1.    By Type (Polyvinylidene Chloride (PVDC), Ethylene Vinyl Alcohol (EVOH), Polyethylene Naphthalate (PEN))

5.2.2.   By Application (Food & Beverage, Pharmaceutical & Medical, Cosmetics, Agriculture, Others

5.2.3.     By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.4.     By Company (2022)

5.3.  Market Map

5.3.1.     By Type

5.3.2.     By Application

5.3.3.     By Region

5.4.  Pricing Analysis

6.    North America Barrier Resins Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Type

6.2.2.     By Application

6.2.3.     By Country

6.3.  Pricing Analysis

6.4.  North America: Country Analysis

6.4.1.     United States Barrier Resins Market Outlook

6.4.1.1.         Market Size & Forecast

6.4.1.1.1.             By Value & Volume

6.4.1.2.         Market Share & Forecast

6.4.1.2.1.             By Type

6.4.1.2.2.             By Application

6.4.2.     Mexico Barrier Resins Market Outlook

6.4.2.1.         Market Size & Forecast

6.4.2.1.1.             By Value & Volume

6.4.2.2.         Market Share & Forecast

6.4.2.2.1.             By Type

6.4.2.2.2.             By Application

6.4.3.     Canada Barrier Resins Market Outlook

6.4.3.1.         Market Size & Forecast

6.4.3.1.1.             By Value & Volume

6.4.3.2.         Market Share & Forecast

6.4.3.2.1.             By Type

6.4.3.2.2.             By Application

7.    Europe Barrier Resins Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Application

7.2.3.     By Country

7.3.  Pricing Analysis

7.4.  Europe: Country Analysis

7.4.1.     France Barrier Resins Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value & Volume

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Type

7.4.1.2.2.             By Application

7.4.2.     Germany Barrier Resins Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value & Volume

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Type

7.4.2.2.2.             By Application

7.4.3.     United Kingdom Barrier Resins Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value & Volume

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Type

7.4.3.2.2.             By Application

7.4.4.     Italy Barrier Resins Market Outlook

7.4.4.1.         Market Size & Forecast

7.4.4.1.1.             By Value & Volume

7.4.4.2.         Market Share & Forecast

7.4.4.2.1.             By Type

7.4.4.2.2.             By Application

7.4.5.     Spain Barrier Resins Market Outlook

7.4.5.1.         Market Size & Forecast

7.4.5.1.1.             By Value & Volume

7.4.5.2.         Market Share & Forecast

7.4.5.2.1.             By Type

7.4.5.2.2.             By Application

8.    Asia-Pacific Barrier Resins Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Application

8.2.3.     By Country

8.3.  Pricing Analysis

8.4.  Asia-Pacific: Country Analysis

8.4.1.     China Barrier Resins Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value & Volume

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Type

8.4.1.2.2.             By Application

8.4.2.     India Barrier Resins Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value & Volume

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Type

8.4.2.2.2.             By Application

8.4.3.     Japan Barrier Resins Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value & Volume

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Type

8.4.3.2.2.             By Application

8.4.4.     South Korea Barrier Resins Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value & Volume

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Type

8.4.4.2.2.             By Application

8.4.5.     Australia Barrier Resins Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value & Volume

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Type

8.4.5.2.2.             By Application

9.    South America Barrier Resins Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Application

9.2.3.     By Country

9.3.  Pricing Analysis

9.4.  South America: Country Analysis

9.4.1.     Brazil Barrier Resins Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value & Volume

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Type

9.4.1.2.2.             By Application

9.4.2.     Argentina Barrier Resins Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value & Volume

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Type

9.4.2.2.2.             By Application

9.4.3.     Colombia Barrier Resins Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value & Volume

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Type

9.4.3.2.2.             By Application

10.  Middle East and Africa Barrier Resins Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Application

10.2.3.  By Country

10.3.              Pricing Analysis

10.4.              MEA: Country Analysis

10.4.1.  South Africa Barrier Resins Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value & Volume

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Type

10.4.1.2.2.           By Application

10.4.2.  Saudi Arabia Barrier Resins Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value & Volume

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Type

10.4.2.2.2.           By Application

10.4.3.  UAE Barrier Resins Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value & Volume

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Type

10.4.3.2.2.           By Application

10.4.4.  Turkey Barrier Resins Market Outlook

10.4.4.1.      Market Size & Forecast

10.4.4.1.1.           By Value & Volume

10.4.4.2.      Market Share & Forecast

10.4.4.2.1.           By Type

10.4.4.2.2.           By Application

10.4.5.  Egypt Barrier Resins Market Outlook

10.4.5.1.      Market Size & Forecast

10.4.5.1.1.           By Value & Volume

10.4.5.2.      Market Share & Forecast

10.4.5.2.1.           By Type

10.4.5.2.2.           By Application

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

12.1.              Merger & Acquisition

12.2.              Product Launches

12.3.              Recent Developments

13.  Porters Five Forces Analysis

13.1.              Competition in the Industry

13.2.              Potential of New Entrants

13.3.              Power of Suppliers

13.4.              Power of Customers

13.5.              Threat of Substitute Products

14.  Competitive Landscape

14.1.              Business Overview

14.2.              Company Snapshot

14.3.              Products & Services

14.4.              Financials (In case of listed companies)

14.5.              Recent Developments

14.6.              SWOT Analysis

14.6.1.  Asahi Kasei Corporation

14.6.2.  Chang Chun Petrochemical Co. Ltd.

14.6.3.  Du Pont de Nemours

14.6.4.  Honeywell International, Inc.

14.6.5.  Mitsui Chemicals Inc.

14.6.6.  LG Chem

14.6.7.  Teijin Limited

14.6.8.  The Dow Chemical Company

14.6.9.  The Nippon Synthetic Chemical Industry Co., Ltd

14.6.10.  Kuraray Co., Ltd

15. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Based on type, Barrier Resins market is segmented into Polyvinylidene Chloride (PVDC), Ethylene Vinyl Alcohol (EVOH), Polyethylene Naphthalate (PEN)

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Asahi Kasei Corporation, Chang Chun Petrochemical Co. Ltd., Du Pont de Nemours, Honeywell International, Inc., Mitsui Chemicals Inc., LG Chem, Teijin Limited, The Dow Chemical Company, The Nippon Synthetic Chemical Industry Co., Ltd, and Kuraray Co., Ltd are the key players operating in global Edible Packaging Market.

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Based on the application, the market is segmented into Food & Beverage, Pharmaceutical & Medical, Cosmetics, Agriculture, Others. Food & Beverages is leading the market.

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The Asia Pacific is dominating the market and is expected to maintain its dominance over the next five years

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Sakshi Bajaal

Business Consultant
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