The latest report by IMARC Group, titled “Barrier Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032“, The global barrier materials market size reached US$ 3.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.8 Billion by 2032, exhibiting a growth rate (CAGR) of 4.7% during 2024-2032.

Barrier materials are packaging and coatings solutions employed to reduce or prevent the diffusion of gases and permeability of liquids or radiation. They are effective in preventing the penetration of water vapors, carbon dioxide, oxygen, nitrogen, aroma compounds, and light and maintaining the quality of the packaged contents. Some commonly utilized barrier materials include plastic, glass, metal, and laminated films. They are often combined with other materials such as polypropylene, polyethylene, polyamide, ethylene vinyl alcohol, polylactic acid, and ethylene-vinyl acetate to enhance optical clarity, sealing, and other mechanical and barrier properties. Nowadays, barrier materials are widely adopted in pharmaceuticals, cosmetics, food and beverage (F&B), automotive, and agriculture sectors.  

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/barrier-materials-market/requestsample

Barrier Materials Market Trends and Drivers:

The market's primary driver stems from the expanding food and beverage (F&B) industry. Additionally, the increasing need for barrier materials in product packaging, aimed at preventing contamination, extending shelf-life, and ensuring food safety, contributes significantly to market expansion. This is further bolstered by the widespread adoption of packaging materials across various sectors such as fish, dairy, meat, and farm produce, aimed at safeguarding against contamination and maintaining quality, thus accelerating the adoption rate. Moreover, the emergence of bio-based barrier materials, which are compostable, recyclable, and biodegradable, serves as another crucial factor driving growth. Furthermore, the utilization of these materials in the pharmaceutical industry to prevent spillage of temperature-sensitive drugs through enhanced scratch and abrasion resistance is also a key influencer. The market is additionally influenced by increasing consumer spending capabilities and extensive research and development (R&D) efforts focused on producing scratch and abrasion-resistant materials, ultimately shaping a favorable market outlook.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

  • Polyvinylidene Chloride (PVDC)
  • Ethylene Vinyl Alcohol (EVOH)
  • Polyethylene Naphthalate (PEN)
  • Others

Breakup by End Use Industry:

  • Pharmaceutical
  • Food and Beverage
  • Agriculture
  • Cosmetics
  • Automotive
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • 3M Company
  • Arkema Group
  • Asahi Kasei Corporation
  • Chang Chun Petrochemical Co., Ltd.
  • Kuraray Co., Ltd.
  • Kureha Corporation
  • Mondi plc
  • Solvay SA
  • Teijin Limited
  • The Dow Chemical Company.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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