Barrier Resins Market Led by PVDC to see 5.85% CAGR to 2026
PUNE, India, November 3, 2016 /PRNewswire/ --
The global barrier resins market 2016 to 2026 research says increase in the disposable incomes of the middle-class population in Asia-Pacific, and demand from end-use industries are expected to fuel the demand, thus driving the barrier resins market in the region.
Complete report on barrier resins market spread across 211 pages, analyzing 13 major companies and providing 143 data tables as well as 63 figures is now available at http://www.rnrmarketresearch.com/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-ea-st-to-2026-market-report.html.
The global barrier resins market is estimated to reach USD 3.52 billion by 2026, at a CAGR of 5.85% from 2016 to 2026. Growth in the pharmaceutical packaging industry in emerging economies, enhanced shelf life of packaged food products, and growing urbanization and changing lifestyles are driving the food packaging market, which in turn is expected to drive the barrier resins market during the next ten years. The major restraining factors in the global barrier resins market are the increasing overall packaging costs, and stringent health regulatory compliance standards, environmental, and political norms.
Polyvinylidene Chloride (PVDC) is a highly effective polymer that is produced by the polymerisation of a vinylidene chloride (VDC) monomer with other monomers such as acrylic esters and unsaturated carboxyl groups. It is the chemistry, density and symmetry of the molecules in PVDC that gives the material its excellent barrier properties against fat, vapor, and gases. The barrier resins market report covers two different segmentations which include, market by type (PVDC, EVOH, PEN, and others), and by application (food & beverage, pharmaceutical & medical, cosmetics, agriculture, and industrial, and others) and market by five different regions along with the countries. The application segment is further analyzed for each country in the respective region.
The key companies profiled in this report 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). Order a copy of 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 research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=738429.
On a related note, another research on Epoxy Resin Market by Physical Form and End-Use Industry with Global Forecast to 2021 says epoxy resin market is projected to reach USD 8.77 billion by 2021, registering a CAGR of 5.77% between 2016 and 2021. The market is witnessing a moderate growth rate owing to increasing applications, technological advancements, and growing demand in Asia-Pacific. The epoxy resin market in the composites application segment is projected to witness the highest growth in. Economic expansion in the developing countries of Asia-Pacific will raise demand for composites insulation in both building construction and automotive industries. It is followed by North America and Western Europe. China, the U.S., and Germany are the largest producers of epoxy resins in these regions. The building & construction is the largest consumer of epoxy resins materials in Asia-Pacific. China and Japan have the largest share in the Asia-Pacific epoxy resin market. Companies profiled include Olin Corporation (U.S.), Nan Ya Plastics Corporation (Taiwan), Huntsman Corporation (U.S.), Hexion Inc. (U.S.), Kukdo Chemical Co. Ltd. (South Korea), Chang Chung Plastics Co. Ltd. (Taiwan), Aditya Birla Chemicals (Thailand), The 3M Company (U.S.), BASF SE (Germany) and Sinopec Corporation (China). Read more at http://www.rnrmarketresearch.com/global-epoxy-resin-market-by-application-geography-forecasts-up-to-2017-market-report.html.
Explore more reports on resins market at http://www.rnrmarketresearch.com/reports/materials-chemicals/plastics/resins.
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