COVID 19 Impact Analysis: Barrier Films Market Growth to be Fuelled by Advancements in Technology- Exclusive Report by MarketsandMarkets™

0
0

The global barrier films market size is estimated at USD 3.1 billion in 2020 and is projected to reach USD 4.1 billion by 2025, at a CAGR of 5.3%, between 2020 and 2025. Barrier films are single-layered or multi-layered films, which are manufactured from polymeric materials such as PE (polyethylene), PP (polypropylene), PVC (polyvinyl chloride), PET (polyethylene terephthalate), BOPET (biaxially-oriented polyethylene terephthalate), PS (polystyrene), EVOH (ethylene vinyl alcohol), inorganic oxides, aluminum, and polyamide. These films are specifically used for the packaging of food materials to ensure longer shelf life of products. These are also used in agriculture, aerospace, pharmaceutical, automotive and electronics industries. These films provide barrier against gas, aroma, vapor, and moisture. 

Get PDF Brochure for Research Insights at: 

The barrier films market is segmented based on material into PE, PP, PET/BOPET, polyamide, organic coatings, inorganic coatings, and others. PE holds the major market share of the overall barrier films market owing to its good moisture barrier properties. The inorganic oxide coatings segment is projected to be the fastest-growing segment during the forecast period as they have excellent moisture barrier properties and are transparent and cost-effective.

The barrier films market is segmented on the basis of end-use industry into food & beverage packaging, pharmaceutical packaging, agriculture, and others. Food & beverage end-use segment holds major market share of the overall barrier films market owing to growing need for product safety and convenience and increasing consumer preference for process & packaged food are driving the demand for barrier films in food & beverage packaging.

The key players in the barrier films market are Berry Global Inc. (US), Amcor Plc (Australia), Sealed Air (US), Raven Industries (US), Toppan Prnting Co., Ltd. (Japan), Cosmo Films Ltd. (India), Jindal Poly Films Ltd. (India), Dupont Teijin Films (US), Uflex Ltd. (India), and Sumitomo Chemical Co., Ltd. (Japan). The barrier films market report analyzes the key growth strategies adopted by the leading market players, between 2014 and 2020, which include expansions, merger & acquisition, new product developments, and collaborations. 

Berry Global, Inc. (US) is one of the major providers of engineered materials, nonwoven specialty materials, and plastic consumer packaging. The company is focused on providing high-quality custom-made solutions. In April 2017, Berry Plastics Group, Inc. changed its name to Berry Global, Inc. It serves barrier films through its consumer packaging international and consumer packaging North America segments. The company offers barrier films made from EVOH, HDPE, LLDPE, or PP. The company’s engineered materials division recently expanded with the acquisition of AEP Industries Inc. (US), a key player in flexible plastics packaging with an enriched portfolio of agricultural films and custom films in North America. Berry Global Group has a strong global presence, with more than 130 facilities. 

Get the Latest Version of the Report and ahead from Your Competitors: 

Amcor Plc (Australia) was formerly known as Australian Paper Manufacturers (APM). The company is a global packaging manufacturer that offers innovative and flexible packaging solutions. It offers plastic packaging film, metal, and glass packaging for several industries, such as food & beverage, medical, household, industrial goods, pharmaceutical, and tobacco. The company operates through two business segments, flexibles and rigid packaging. It offers barrier films through its flexibles business segment. 

Showing 0 results
Your Answer

Please first to submit.

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.