The Barrier Resins Market is expected to register a CAGR of 6% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report presents analysis based on type (PVDC, EVOH, PEN, and others). The report is segmented by application (food and beverage, healthcare, agriculture, and others). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.
Purpose of the ReportThe report Barrier Resins Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Barrier Resins Market Segmentation
Type- PVDC
- EVOH
- PEN
- Food and Beverage
- Healthcare
- Agriculture
Strategic Insights
Barrier Resins Market Growth Drivers- E-commerce and Packaging Drive Growth in Barrier Resins Market: Packaging is one of the primary driving forces of the barrier resins market, particularly aided by the boom in e-commerce. Since most customers these days prefer shopping online, shipping calls for some form of strong and protective packaging. This protective packaging is necessary because barrier resins shield the products from humidity, air and any other damaging factors, thus assisting in delivering the products to the end users in perfect condition.
- Barrier Resins Enhancing Shelf Life and Product Quality in the Food and Beverage Sector: In addition, there has been a rise in the number of products that are packaged in the buoyed food and beverage sector. With more consumers preferring safe and faster alternatives, the manufacturers have taken to the use of barrier resins to extend the shelf life of the products. These materials also preserve the product's quality, which is essential in the acquisition and retention of the consumers.
- Consumer Awareness on Food Safety Fuels Demand for Barrier Resins in Packaging: Another contributing factor is the ever-increasing consumer awareness over food safety. Many consumers are worried about the quality and wholesome products purchased, which makes a number of brands advance their packaging system. Barrier resins solve the problem by ensuring that there is positive protection against external factors and hence, their application is on the rise in various industries.
- Rising Demand for Bio-Based and Biodegradable Barrier Resins Driven by Environmental Awareness: A noticeable trend in the barrier resins market is the increasing consumption of bio-based and biodegradable resins. With the growth of awareness around environmental protection, there is a yearning to replace the traditional plastics made of petroleum products with sustainable solutions for everyone. Biomaterials with similar barrier properties are less of a burden on the earth’s fossil fuels, thus engaging the green stakeholders.
- Government Regulations and Consumer Preferences Accelerating Shift Towards Bioplastics: On the other hand, expectations from clients have also raised the need for bioplastics due to the plastic use and plastic waste guidelines that governments are enforcing more rigorously. Businesses can promote themselves by encouraging these alternative options as they help to avoid the risk of penalties imposed by such rules. Such transitions towards sustainability are not only market entailing processes but approach clients with preferences for green products.
- Advancements in Technology Enhancing Performance of Bio-Based Barrier Resins: Also, new technologies play a part concerning bio-based barrier resins’ turn of viability prospects. Improvements in science and technology change the dynamics by providing better formulations that improve performance with these materials. As it happens, the market is bound to witness increased application of bio-based alternatives as more such technologies come up.
- Growth Opportunities for Barrier Resins Market with Water-Based Coatings: Water-based coating technologies offer vast opportunities for the growth of the barrier resins market. The environmentally-friendly approach adopted by different industries is responsible for promoting the use of water-based coatings because of their lower volatile organic compound (VOC) emissions. This is in regard to the existing efforts around the world to mitigate environmental concerns. Therefore, the spandex coatings are highly appealing to the producers as well as the end users.
- Environmentally-Friendly Water-Based Coatings Gaining Popularity Across Multiple Industries: One more benefit that most customers have to bear in mind is water-based coatings. These coatings can be applied to different surfaces and can provide excellent moisture, oxygen, and other element barriers. This versatility allows its application across several industries, including food, pharmaceutical packaging, and cosmetics, thus expanding the market for these barrier resins. Also, the introduction of new inner water-based formulations helps in the development as well.
- Advancements in Resin Chemistry Enhancing Durability and Adhesion of Water-Based Coatings: New resin chemistry has allowed for improved durability and adhesion of water-based coatings, making them very competitive with solvent coatings. Water-based coatings will continue to enhance performance, which implies acceptance of these technologies by a larger base of manufacturers, increasing the demand for barrier resins.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Barrier Resins Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Barrier Resins Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Based on geography, Asia Pacific held the largest share of the barrier resins market due to increasing demand for packaging materials from various industries such as food and beverage, pharmaceuticals, and consumer goods.
Based on application, the food and beverage segment is expected to witness the fastest growth during the forecast period
The growing focus on sustainability is expected to be the key market trends.
Growing demand from the packaging industry is driving the market growth.
Dow Chemical Company; BASF SE; Solvay; Kuraray Co., Ltd.; Mitsubishi Chemical Corporation; Asahi Kasei Corporation; LyondellBasell Industries; Honeywell International Inc.; Kuraray Group; and Eastman Chemical Company are some of the key players operating in the barrier resins market
The Barrier Resins Market is estimated to witness a CAGR of 6% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Barrier Resins Market - By Type
1.3.2 Barrier Resins Market - By Application
1.3.3 Barrier Resins Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. BARRIER RESINS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. BARRIER RESINS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. BARRIER RESINS MARKET - GLOBAL MARKET ANALYSIS
6.1. BARRIER RESINS - GLOBAL MARKET OVERVIEW
6.2. BARRIER RESINS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. BARRIER RESINS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. PVDC
7.3.1. Overview
7.3.2. PVDC Market Forecast and Analysis
7.4. EVOH
7.4.1. Overview
7.4.2. EVOH Market Forecast and Analysis
7.5. PEN
7.5.1. Overview
7.5.2. PEN Market Forecast and Analysis
8. BARRIER RESINS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. FOOD AND BEVERAGE
8.3.1. Overview
8.3.2. Food and Beverage Market Forecast and Analysis
8.4. PHARMACEUTICAL AND MEDICAL
8.4.1. Overview
8.4.2. Pharmaceutical and Medical Market Forecast and Analysis
8.5. COSMETICS
8.5.1. Overview
8.5.2. Cosmetics Market Forecast and Analysis
8.6. AGRICULTURE
8.6.1. Overview
8.6.2. Agriculture Market Forecast and Analysis
8.7. INDUSTRIAL
8.7.1. Overview
8.7.2. Industrial Market Forecast and Analysis
9. BARRIER RESINS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Barrier Resins Market Overview
9.1.2 North America Barrier Resins Market Forecasts and Analysis
9.1.3 North America Barrier Resins Market Forecasts and Analysis - By Type
9.1.4 North America Barrier Resins Market Forecasts and Analysis - By Application
9.1.5 North America Barrier Resins Market Forecasts and Analysis - By Countries
9.1.5.1 United States Barrier Resins Market
9.1.5.1.1 United States Barrier Resins Market by Type
9.1.5.1.2 United States Barrier Resins Market by Application
9.1.5.2 Canada Barrier Resins Market
9.1.5.2.1 Canada Barrier Resins Market by Type
9.1.5.2.2 Canada Barrier Resins Market by Application
9.1.5.3 Mexico Barrier Resins Market
9.1.5.3.1 Mexico Barrier Resins Market by Type
9.1.5.3.2 Mexico Barrier Resins Market by Application
9.2. EUROPE
9.2.1 Europe Barrier Resins Market Overview
9.2.2 Europe Barrier Resins Market Forecasts and Analysis
9.2.3 Europe Barrier Resins Market Forecasts and Analysis - By Type
9.2.4 Europe Barrier Resins Market Forecasts and Analysis - By Application
9.2.5 Europe Barrier Resins Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Barrier Resins Market
9.2.5.1.1 Germany Barrier Resins Market by Type
9.2.5.1.2 Germany Barrier Resins Market by Application
9.2.5.2 France Barrier Resins Market
9.2.5.2.1 France Barrier Resins Market by Type
9.2.5.2.2 France Barrier Resins Market by Application
9.2.5.3 Italy Barrier Resins Market
9.2.5.3.1 Italy Barrier Resins Market by Type
9.2.5.3.2 Italy Barrier Resins Market by Application
9.2.5.4 United Kingdom Barrier Resins Market
9.2.5.4.1 United Kingdom Barrier Resins Market by Type
9.2.5.4.2 United Kingdom Barrier Resins Market by Application
9.2.5.5 Russia Barrier Resins Market
9.2.5.5.1 Russia Barrier Resins Market by Type
9.2.5.5.2 Russia Barrier Resins Market by Application
9.2.5.6 Rest of Europe Barrier Resins Market
9.2.5.6.1 Rest of Europe Barrier Resins Market by Type
9.2.5.6.2 Rest of Europe Barrier Resins Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Barrier Resins Market Overview
9.3.2 Asia-Pacific Barrier Resins Market Forecasts and Analysis
9.3.3 Asia-Pacific Barrier Resins Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Barrier Resins Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Barrier Resins Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Barrier Resins Market
9.3.5.1.1 Australia Barrier Resins Market by Type
9.3.5.1.2 Australia Barrier Resins Market by Application
9.3.5.2 China Barrier Resins Market
9.3.5.2.1 China Barrier Resins Market by Type
9.3.5.2.2 China Barrier Resins Market by Application
9.3.5.3 India Barrier Resins Market
9.3.5.3.1 India Barrier Resins Market by Type
9.3.5.3.2 India Barrier Resins Market by Application
9.3.5.4 Japan Barrier Resins Market
9.3.5.4.1 Japan Barrier Resins Market by Type
9.3.5.4.2 Japan Barrier Resins Market by Application
9.3.5.5 South Korea Barrier Resins Market
9.3.5.5.1 South Korea Barrier Resins Market by Type
9.3.5.5.2 South Korea Barrier Resins Market by Application
9.3.5.6 Rest of Asia-Pacific Barrier Resins Market
9.3.5.6.1 Rest of Asia-Pacific Barrier Resins Market by Type
9.3.5.6.2 Rest of Asia-Pacific Barrier Resins Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Barrier Resins Market Overview
9.4.2 Middle East and Africa Barrier Resins Market Forecasts and Analysis
9.4.3 Middle East and Africa Barrier Resins Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Barrier Resins Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Barrier Resins Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Barrier Resins Market
9.4.5.1.1 South Africa Barrier Resins Market by Type
9.4.5.1.2 South Africa Barrier Resins Market by Application
9.4.5.2 Saudi Arabia Barrier Resins Market
9.4.5.2.1 Saudi Arabia Barrier Resins Market by Type
9.4.5.2.2 Saudi Arabia Barrier Resins Market by Application
9.4.5.3 U.A.E Barrier Resins Market
9.4.5.3.1 U.A.E Barrier Resins Market by Type
9.4.5.3.2 U.A.E Barrier Resins Market by Application
9.4.5.4 Rest of Middle East and Africa Barrier Resins Market
9.4.5.4.1 Rest of Middle East and Africa Barrier Resins Market by Type
9.4.5.4.2 Rest of Middle East and Africa Barrier Resins Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Barrier Resins Market Overview
9.5.2 South and Central America Barrier Resins Market Forecasts and Analysis
9.5.3 South and Central America Barrier Resins Market Forecasts and Analysis - By Type
9.5.4 South and Central America Barrier Resins Market Forecasts and Analysis - By Application
9.5.5 South and Central America Barrier Resins Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Barrier Resins Market
9.5.5.1.1 Brazil Barrier Resins Market by Type
9.5.5.1.2 Brazil Barrier Resins Market by Application
9.5.5.2 Argentina Barrier Resins Market
9.5.5.2.1 Argentina Barrier Resins Market by Type
9.5.5.2.2 Argentina Barrier Resins Market by Application
9.5.5.3 Rest of South and Central America Barrier Resins Market
9.5.5.3.1 Rest of South and Central America Barrier Resins Market by Type
9.5.5.3.2 Rest of South and Central America Barrier Resins Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. BARRIER RESINS MARKET, KEY COMPANY PROFILES
11.1. ASAHI KASEI CORPORATION
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CHANG CHUN PETROCHEMICAL CO., LTD.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. DOWDUPONT, INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HONEYWELL INTERNATIONAL, INC
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. INEOS GROUP LTD.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. INVISTA
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. KURARAY CO., LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. KUREHA CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SOLVAY SA
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TEIJIN LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Asahi Kasei Corporation
2. Chang Chun Petrochemical Co., Ltd.
3. DowDuPont, Inc.
4. Honeywell International, Inc
5. INEOS Group Ltd.
6. INVISTA
7. Kuraray Co., Ltd.
8. Kureha Corporation
9. Solvay SA
10. Teijin Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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