The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

An increase in demand for food products with a longer shelf life is expected to drive innovation in barrier resins manufacturing, driving the market during the forecast period.

The global barrier resins market is expected to grow from $3.41 billion in 2022 to $3.61 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The barrier resins market size is expected to grow to $4.56 billion in 2027 at a CAGR of 6.0%.

Get A Free Sample On The Global Barrier Resins Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5881&type=smp

Global Barrier Resins Market Segments Include:

• By Packaging Type: Flexible Packaging, Rigid Packaging
• By Resin Type: Polyvinylidene Chloride, Ethylene Vinyl Alcohol, Polyethylene Naphthalate, Polyamide, Polyethylene Terephthalate, Polyethylene, Polypropylene, Polyvinyl Alcohol, and Other Resin Types
• By Application: Food and Beverage, Pharmaceutical and Medical, Cosmetics, Agriculture, Industrial, and Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global barrier resins market in 2021.

Major Market Players in the barrier resins market include Kuraray Co., Ltd., The Dow Chemical Company, Tenjin Limited, Asahi Kasei Corporation, Solvay International, El du Pont de Nemours and Company, Ineos, Lyondellbasell Industries, Honeywell International Inc.

Organic resin development is a key trend that is gaining traction in the barrier resin market. Major players in the barrier resin market are concentrating on the development of new organic resins that are environmentally friendly and sustainable. For example, Royal DSM, a key science-based company involved in health, nutrition, and materials, will launch sustainable and plant-based Discovery resins for the packaging industry in December 2020. The SP-6400XP is a Discovery resin from DSM that emits fewer VOCs and carbon emissions for the printing and packaging industries.

The Barrier Resins Global Market Report 2023  provides a barrier resins market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The barrier resins market forecast analyzes barrier resins market size, barrier resins market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Barrier resins are plastics used in packaging to prevent gases, vapours (water or solvent), or liquids from penetrating. Barrier resins are plastics used in packaging to prevent gases (oxygen, carbon dioxide, and nitrogen), vapour (water or solvent), or liquid from passing through.

Explore Similar Reports From The Business Research Company:

Plastic Material And Resins Global Market Report 2023

Specialty Resins Global Market Report 2023

Plastic Resins Global Market Report 2023

Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: