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Barrier Material Market Share

Report ID: GMI7072
Published Date: Oct 2023
Report Format: PDF

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Barrier Material Market Share

Major players operating in the barrier material industry include:

Dow Chemical Company
DuPont
3M Company
Honeywell International Inc.
Berry Global Group Inc.
Sealed Air Corporation
Amcor plc
Avery Dennison Corporation
WestRock Company
Tekni-Plex Inc.
RKW Group
Jindal Poly Films Ltd.
Toray Industries Inc.
Mitsubishi Chemical Holdings Corporation
Uflex Ltd.

Dow Chemical Company and DuPont have captured substantial market shares in the Asia-Pacific market, driven by companies in the Asia-Pacific region, driven by the surging demand for barrier material products, particularly in China and India. The Asia-Pacific region, the world's largest barrier material industry, is poised for continued growth due to rapid economic development, urbanization, and increasing demand across industries such as nuclear power, chemicals, ceramics, and aerospace. As leading producers, Dow Chemical Company and DuPont are well-positioned to cater to this escalating demand in the region.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for barrier material was USD 3.2 billion in 2022 and may reach USD 5.6 billion by the end of 2032 due to the increased demand for innovative packaging solutions with improved barrier characteristics in food and medicine sectors.

Barrier material industry size from the polyvinylidene chloride (PVDC) type segment reached USD 1.4 billion in 2022 owing to growing shift to greener materials and alternative recycling options due to environmental pressure.

U.S. industry size for barrier material was USD 0.8 billion in 2022 and is anticipated to expand at significant pace from 2023-2032 owing to the rising demand in eco-friendly packaging products.

Some of the major barrier material providers are Dow Chemical Company, DuPont, 3M Company, Honeywell International Inc., Berry Global Group Inc., and Sealed Air Corporation.