Budding Economies Shine Bright in Global Barrier Materials Market
Deerfield Beach, FL -- (SBWIRE) -- 06/22/2016 -- Barrier material is an enclosure material designed to stop means of access of gases, liquids, or radiation. Barrier materials market has witnessed a significant growth in the recent years, which is projected to continue in the years to come. Barrier materials market exhibit enormous opportunities for industry participants. Supply-demand gap in raw materials and protection against counterfeit products are the major challenges in the barrier materials market.
The report provides a decisive view of the barrier materials market by segmenting the market based on product types and end-use. Based on product type, market segmentation includes PVDC, EVOH, PEN and others. By end-use industry the market segmentation includes food & beverage, pharmaceutical, cosmetic, and agriculture. The major driving factor for the global barrier materials market is growing demand from packaging industry. Demand for EVOH (ethylene vinyl alcohol) is strapping in the barrier materials market due to ease of availability and high flexibility. The major restraint hampering growth of the barrier materials market is stringent rules and regulations associated with the packaging of food and pharmaceutical products.
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In order to give the users of this report a comprehensive view on the barrier materials market, we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter's Five Forces model for the barrier materials market has also been included. The study encompasses a market attractiveness analysis, wherein product segments and application segments are benchmarked based on their market size, growth rate and general attractiveness.
The study provides the comprehensive perspective on the barrier materials market growth, throughout the forecast period in terms of volume (in Kilo Tons) and revenue (in USD Million), across different region including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil. In terms of revenue and consumption, the barrier materials market for each application type and each of these regions has been forecast in the report for the period from 2014 to 2020.
Asia Pacific is biggest and fastest growing market for barrier materials during the forecast period. China is the key market in the region, accounting for more than half of the demand for barrier materials, followed by India, Japan, and Taiwan, where the demand is growing progressively.
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Leading manufacturers profiled in the report include Asahi Kasei Chemicals Corporation, Kuraray Co., Ltd, the Dow Chemical Company, and E. I. Du Pont de Numerous and Co., Solvay SA, Chang Chun Petrochemical Co., Ltd, Kureha Corporation, Solvay SA, Teijin Limited, and Zhejiang Juhua Co., Ltd.