Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | Barrier Materials Market Is Expected To Grow At A CAGR from 2019-2028polyethylene naphthalate, and others are the types of barrier materials covered in this market study. The aluminium segment held the largest market share in 2020 and is expected to grow at a CAGR of 5.60% during the forecast period.
A surge in the demand for packaged food products increases the demand for barrier materials for food packaging applications. Food is an integral part of daily life. Sustainability, counterfeit protection, efficiency, convenience, traceability, and flexibility are some of the main parameters associated with packaging solutions. For consumers, sustainable and easy-to-use packaging is becoming a priority now than ever before. Thus, factors such as growing demand of the consumer for packaged food owing to changing eating habits and improving lifestyle, high disposable income of the consumers, increasing population, demand for high quality and natural food with increased shelf life are propelling the growth of the market. Moreover, factors such as a surge in the demand for blister packaging and drug delivery systems, growing technological advancements, adoption of new regulatory standards and increased health awareness, and increasing demand for primary pharmaceutical packaging are again impelling the growth of the market. Barrier Materials Market Segmental Overview The report analyses the Barrier Materials market (https://www.axiommrc.com/
Some of the major players operating in this market include 3M (United States), Kuraray Co., Ltd (Japan), The Dow Chemical Company (United States), Solvay S.A (Belgium), Chang Chun Petrochemical Co., Ltd (Taiwan), DuPont de Nemours, Inc. (United States), Kureha Corporation (Japan), Asahi Kasei Corporation (Japan), Teijin Limited (Japan), Nippon Synthetic Chem Industry Co., Ltd. (Japan), Zhejiang Juhua Co., Ltd (China), Mondi Group plc (UK), Coexpan (Spain), Arkema (France), Toppan Printing CO. Ltd (Japan) among others. Get Sample PDF Copy of Report (Use Your Business Email for Quick Response): https://www.axiommrc.com/ End
|
|