Resin can be defined as a natural element which is found in many plants which are categorised as coniferous trees. However, in chemical industry resins are classified as a viscous material which may be plant-derived or synthetic by nature. Natural resins are produced in several plants as a result of external impact leading to damage to their outer shell to protect the plant from parasites and other pathogens. Commercially, resin is used as a synthetic material to make varnishes, food glazing, adhesives, nail paints and perfumes etc. Globally increasing demand for the resins into packaging materials is expected to remain as a key growth driver for the Barrier Resinss during the period of study.
This report identifies the Barrier Resins market size in for the year 2015-2017, and forecast of the same for year 2022. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to Barrier Resins market.
Geographically Asia-Pacific dominated Barrier Resins market due to higher demand of the Barrier Resins materials from the food & beverage and medical & pharmaceutical industry in the region. Asia-Pacific is also expected to remain the fastest growing regional market for the Barrier Resins driven by increasing demand for the Barrier Resins as a result of rapid industrialization in the Asia pacific region, especially in China and India, which are estimated to fuel the growth of the Barrier Resinss market. Asia-Pacific was followed by North America and Europe as the second and third largest markets for Barrier Resins.
This report segments Barrier Resins market on the basis of type, applications and regional market as follows:
- On the basis of type this report on Barrier Resins market is segmented as follows, covering all major types used in the Barrier Resins as follows: Bio Based, Synthetic
- This report on Barrier Resinss also covers in detail various applications of Barrier Resinss, some of the major applications covered in the report are Food & Beverage, Pharmaceutical & Medical, Cosmetics, Agriculture, Industrial
- This report on Barrier Resins has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
Sample Companies Profiled in this Report are:
- EVAL Europe N.V
- Honeywell International, Inc.
- The Dow Chemical Company
- Kuraray Co., Ltd
- Asahi Kasei Corporation