Barrier Films MARKET EVOLVING TECHNOLOGY AND BUSINESS OUTLOOK 2020 TO 2027

1. Barrier Films Market To Reach USD 36.88 Billion By 2026 www.reportsanddata.com sales@reportsanddata.com

2. Market Summary The development of food and beverage industries owing to the rise in demand for consumers and growth in population are propelling the market growth. Market Size – USD 25.39 Billion in 2018, Market Growth - CAGR of 4.7%, Market Trends – The advent of environmentally friendly packaging materials.

3. Our Approach Market Summary The global barrier films market is forecast to reach USD 36.88 Billion by 2026, according to a new report by Reports and Data. Barrier films are materials used for the packaging of goods. These goods need to be protected not only from contaminants like gas and moisture but also insects and spillage. They also offer insulation and offer certain properties like their lightweight nature, robust build, and uncompromising effect on the substrate. They are flexible and printable and hence makes them available for a wide array of applications. The market for barrier films is influenced by the rising demand for convenient food products, the evolution of environment friendly chemicals required by food and beverage industries, and development of packaging industries, which require large protective films. Apart from edibles, these packaging products are used in pharmaceutical industries and for toiletries. They are also in high demand from the agricultural industry where the transportation of goods is very important. The afore-mentioned factors collectively create drivers for the market growth while factors such as derogatory effects of barrier films pose limitations in the market. These unfavorable factors include the susceptibility to deformation and degradation, along with the inconsistent market prices for raw materials used in production. These factors bring in restraints for the market growth, which are being overcome with further research in the field along with higher commercialization of these products in the general consensus. Key participants include 3M, Honeywell International Inc., Eastman Chemical Company, Alcan Packaging, Fraunhofer-Gesellschaft, Centre for Process Innovation Limited, Beneq, Toppan Printing Co. Ltd., Sigma Technologies Int'l. LLC, and General Electric Company, among others.

4. Our Approach Market Summary To Get Sample Copy of Report visit: https://www.reportsanddata.com/sample-enquiry-form/2144 Segments covered in the report: Contaminant Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) Oxygen and Other Gas Corrosion Moisture Others Material Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) Polyethylene Polypropylene Polyethylene Terephthalate Organic Coatings Inorganic Oxide Coatings Others

5. Our Approach Market Summary End-Users Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) Food & Beverage Packaging Pharmaceutical Packaging Agriculture Others Major Geographies Covered in the Barrier Films Market Report: North America (U.S., Canada) Latin America (Chile, Brazil, Argentina, Rest of Latin America) Europe (U.K., Italy, Germany, France, Rest of EU) Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC) Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA) To get a Discount on the Barrier Films Market Report, Click @ https://www.reportsanddata.com/discount-enquiry-form/2144

6. Our Approach Market Summary Further key findings from the report suggest The polyethylene segment is expected to observe the highest CAGR of 5.5% during the forecast period. Films of this material helps in the protection of shelf products from oxygen degradation. Oxygen degradation causes undesirable smell, taste, and color. This increases the shelf life of products and hence customer acceptability of the shelved goods. Inorganic Oxide Coatings have been seen to have held a market share of 8% in the year 2018. These coatings prevent corrosion of the substrate. These coatings can be applied with or without electrical support and serve as a better protector than paints. Moisture protection barrier films are set to witness a CAGR of 4.9% during the forecast period. These films are used in the manufacturing of drugs that are to be ingested and also for the packaging of water sensitive products. They are dissolved rapidly once ingested and also increase the shelf life of the products. Asia Pacific is forecasted to observe the highest CAGR of 5.1% during the forecast period. Countries like India, Japan, and China are quickly catching up with the growth in the barriers films market. The advent of packaged food and beverage industries because of the urbanization in the lives of the residents of this region shall propel the market growth here. Read More @ https://www.reportsanddata.com/report-detail/barrier-films-market

7. Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com Our Approach About Us