Barrier Materials Market – Growth Prospects, Demand and Forecast 2025
Barrier materials are on the rise as they have been widely accepted in various applications owing to their unique properties such as their high performance levels, long shelf life, and the thermal stability they provide to food products by reducing the passage of aroma, radiation, gases, and water vapor. These materials are transparent, flexible, and employed in the production of thin films and sheets for food packaging to obstruct atmospheric air and preserve the quality of food for longer durations.
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Barrier materials help wet foods retain moisture and dry foods absorb it. These factors are likely to propel the barrier materials market over the forecast period, apart from the growth of manufacturing sectors due to the rising industrialization around the world. Concerns over health care and social security have led to improvements in high-end barrier materials. The burgeoning food & beverages industry in Asia Pacific is expected to create more opportunities for the market over the next few years.
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Key players operating in the barrier materials market include Solvay SA, Dow Chemicals, Teijin, Kuraray Co. Ltd., and E. I. du Pont de Nemours and Company. Other major companies include Chang Chun Petrochemical, Kureha Corporation, and The Nippon Synthetic Chemical Industry.