© 2016 Global Market Insights. All Rights Reserved Barrier Resins Market ( ) forecasts on regional growth, industry players and more Barrier Resins Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Poland, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2017 – 2024

© 2016 Global Market Insights. All Rights Reserved Barrier Resins Market size will witness significant growth rate from 2017 to Growth in pharmaceutical packaging industry along with increasing penetration of bio-based material will drive the industry growth. Strong outlook in food & beverages, cosmetics, industrial and agriculture industry will propel barrier resins market growth. Improved shelf life of packaged food coupled with rising demand for convenience food products are among major factors driving industry demand. Shifting trend towards small households due to changing lifestyles and rapid urbanization will support barrier resins market growth. Increasing product usage in packaging food & beverages including bakery & confectionery, dairy products, fruits & vegetables, meat products, sauces and condiments will drive business growth. Rapid globalization and strengthening economic conditions have enhanced the living standards globally. Increasing consumer spending on cosmetic products including skin care, hair care and makeup products will drive barrier resins market. Global Market Scenario of Barrier Resins

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© 2016 Global Market Insights. All Rights Reserved Product Analysis:- Barrier resins market is segmented based on product as bio-based and synthetic products. Bio- based material will witness notable gains in forecast period due to increasing consumer preference for ecofriendly substitutes. These resins derive their carbon molecules from the renewable feed stocks and offer minimal carbon footprint impact. Enhanced physical performance and shelf life are other factors supporting product demand. Regional Trends:- North America is expected to witness notable gains in forecast period due to growth in packaging industry. Shifting retailer perception towards packaging as promoting tool rather than product protection will provide positive outlook for product demand. Expansion in cosmetics industry due to rising consumer demand will drive barrier resins market size.

© 2016 Global Market Insights. All Rights Reserved Competitive Trends: Global industry share is highly fragmented and competitive due to presence of numerous international and regional manufacturers. Dow Chemicals Company, Kuraray, INEO Group, Honeywell International, Asahi Kasei Corporation, Invista, Solvay, du Pont de Nemours, Zhejiang Juhua, Teijin, Kureha Corporation, and Nippon Synthetic Chemical are among prominent players in barrier resins market. Mergers & acquisitions, supply agreements and product portfolio expansion are among major strategies adopted by manufacturers to strength their foothold. For instance, in April 2015, Kuraray announced acquisition of Plantic Technologies for expansion into bio-based barrier materials for industrial and food packaging applications.

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