[211 Pages Report] Global Barrier Resins Market is estimated to reach USD 3.52 billion by 2026, at a CAGR of 5.85% from 2016 to 2026. In this study, 2015 has been considered as the base year. This report aims to estimate the market size and the future growth potential of the global barrier resins market across different segments such as type, application, and region. Factors influencing market growth such as drivers, restraints, opportunities, and industry-specific challenges have been studied in the report. Also, the report analyzes the opportunities in the market for stakeholders and presents the competitive landscape for market leaders.
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Key Target Audience:
North America was the most active region from 2011 and 2016, in terms of strategic initiatives. Investments & expansions and new product launches are the preferred strategies in this region. Companies such as Kuraray Co., Ltd. (Japan), The Dow Chemical Company (U.S.), E. I. du Pont de Nemours and Company (U.S.), Teijin Limited (Japan), Solvay S.A. (Belgium), and Honeywell International, Inc. (U.S.) made several new product launches and expansions in the region to increase their production capacities of barrier resins.
Major manufacturers such as Asahi Kasei Corporation (Japan), Chang Chun Petrochemical Co., Ltd. (Taiwan), E.I. du Pont de Nemours and Company (U.S.), INVISTA (U.S.), Kuraray Co., Ltd (Japan), Kureha Corporation (Japan), Solvay S. A. (Belgium), Teijin Limited (Japan), The Dow Chemical Company (U.S.), The Nippon Synthetic Chemical Industry Co., Ltd. (Japan), Zhejiang Juhua Co., Ltd. (China), Honeywell International, Inc. (U.S.), and Ineos Group Limited (Switzerland) are profiled in this report. These companies have adopted both organic and inorganic growth strategies.
E.I. du Pont de Nemours and Company and Kuraray Co., Ltd are the most active players in the global barrier resins market. They accounted for the largest share of all the developmental activities undertaken in the barrier resins market between 2011 and 2016.
As a part of its strategy, DuPont focuses on expanding its barrier resins business by investing into research & development activities, specifically, in the Asia-Pacific region. The company has launched various barrier resins products in the last two years. In October 2014, Teijin DuPont Films Japan Limited a joint venture of Teijin Limited & E. I. du Pont de Nemours and Co., launched the Polyethylene Naphthalate (PEN) film named Teonex QF. This product provides excellent heat resistance & strength. With this development, the company targets the increase of its sales revenue to USD 2.00 billion by 2017. Also in 2014, a joint venture of Teijin Limited & E. I. du Pont de Nemours and Co. launched a high performance polyester film to provide protection from ultraviolet light. The company, through this development, met the increasing demand for polyester films in electronic materials.
Another company that has established a strong foothold in the barrier resins market is Kuraray Co., Ltd (Japan). The company is focused on both, organic and inorganic growth strategies and focuses on expanding its base through investments & expansions and mergers & acquisitions strategies. Recently, in May 2016, the company announced that they will expand the production of Ethylene vinyl alcohol (EVOH) resin by mid-2018 in Texas. This will enable the company to cater to the growing needs of consumers. Also, in April 2015, Kuraray Co., Ltd. acquired Plantic Technologies Limited (Australia), which is a manufacturer of bio-based barrier materials. This acquisition met the increasing demand for barrier materials for bio-based food packaging such as fresh case ready beef, pork, lamb and veal, smoked and processed meats, chicken, and fresh seafood and pasta applications.
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Don't miss out on business opportunities in Barrier Resins Market.
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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
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MarketsandMarkets™ INC.
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Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
Request for PDF of the report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=231202902
Key Target Audience:
- Manufacturers of barrier resins
- Raw material suppliers (resins)
- Equipment manufacturers
- Traders, distributors, and suppliers of barrier resins
- Research institutes and government organizations
- Market research and consulting firms
- Manufacturers in end-use industries, such as, food & beverage, pharmaceutical & medical, cosmetics, agriculture, and industrial among others
- Environment protection agencies
North America was the most active region from 2011 and 2016, in terms of strategic initiatives. Investments & expansions and new product launches are the preferred strategies in this region. Companies such as Kuraray Co., Ltd. (Japan), The Dow Chemical Company (U.S.), E. I. du Pont de Nemours and Company (U.S.), Teijin Limited (Japan), Solvay S.A. (Belgium), and Honeywell International, Inc. (U.S.) made several new product launches and expansions in the region to increase their production capacities of barrier resins.
Major manufacturers such as Asahi Kasei Corporation (Japan), Chang Chun Petrochemical Co., Ltd. (Taiwan), E.I. du Pont de Nemours and Company (U.S.), INVISTA (U.S.), Kuraray Co., Ltd (Japan), Kureha Corporation (Japan), Solvay S. A. (Belgium), Teijin Limited (Japan), The Dow Chemical Company (U.S.), The Nippon Synthetic Chemical Industry Co., Ltd. (Japan), Zhejiang Juhua Co., Ltd. (China), Honeywell International, Inc. (U.S.), and Ineos Group Limited (Switzerland) are profiled in this report. These companies have adopted both organic and inorganic growth strategies.
E.I. du Pont de Nemours and Company and Kuraray Co., Ltd are the most active players in the global barrier resins market. They accounted for the largest share of all the developmental activities undertaken in the barrier resins market between 2011 and 2016.
As a part of its strategy, DuPont focuses on expanding its barrier resins business by investing into research & development activities, specifically, in the Asia-Pacific region. The company has launched various barrier resins products in the last two years. In October 2014, Teijin DuPont Films Japan Limited a joint venture of Teijin Limited & E. I. du Pont de Nemours and Co., launched the Polyethylene Naphthalate (PEN) film named Teonex QF. This product provides excellent heat resistance & strength. With this development, the company targets the increase of its sales revenue to USD 2.00 billion by 2017. Also in 2014, a joint venture of Teijin Limited & E. I. du Pont de Nemours and Co. launched a high performance polyester film to provide protection from ultraviolet light. The company, through this development, met the increasing demand for polyester films in electronic materials.
Another company that has established a strong foothold in the barrier resins market is Kuraray Co., Ltd (Japan). The company is focused on both, organic and inorganic growth strategies and focuses on expanding its base through investments & expansions and mergers & acquisitions strategies. Recently, in May 2016, the company announced that they will expand the production of Ethylene vinyl alcohol (EVOH) resin by mid-2018 in Texas. This will enable the company to cater to the growing needs of consumers. Also, in April 2015, Kuraray Co., Ltd. acquired Plantic Technologies Limited (Australia), which is a manufacturer of bio-based barrier materials. This acquisition met the increasing demand for barrier materials for bio-based food packaging such as fresh case ready beef, pork, lamb and veal, smoked and processed meats, chicken, and fresh seafood and pasta applications.
Early buyers will receive 10% customization on this report.
Don't miss out on business opportunities in Barrier Resins Market.
Speak to Our Analyst and gain crucial industry insights that will help your business grow.
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=231202902
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
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