Global Barrier Resins Market Outlook 2022

The barrier resins can prevent small molecular gases such as oxygen, water vapor, and liquid from penetrating the film. Among the barrier resins, EVOH, PVDC, PEN, nitrile-based resin, MXD6 aromatic nylon, are high barrier materials, and the most commonly used are PVDC and EVOH.
Barrier resins are mainly divided into EVOH, PVDC, and PEN, among which EVOH accounts for the most important part. The main applications of barrier resins are pharmaceuticals, food and beverages, personal care, household products, etc. The consumption of food and beverages accounted for 68.64% in 2019. SK (Dow), Kureha, Kuraray, Mitsubishi Chemical Corporation, Juhua Group and other companies are the leading suppliers in the industry. In 2019, Kuraray's market share accounted for 28.69% of the world.

Market Analysis and Insights: Global Barrier Resins Market
The global Barrier Resins market was valued at US$ 1531.7 million in 2020 and it is expected to reach US$ 1943.9 million by the end of 2027, growing at a CAGR of 3.5% during 2021-2027.

Global Barrier Resins Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Barrier Resins Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
EVOH Resin
PVDC
PEN
Others

Segment by Application
Pharmaceutical
Food and Drinks
Personal Care
Household Products
Others

By Company
Chang Chun Petrochemical
Asahi Kasei
SK (Dow)
Kureha
Kuraray
Teijin
Solvay
Juhua Group
Mitsubishi Chemical Corporation

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE