Plastics for Barrier Packaging
Report Highlights
The global plastic barrier packaging market volume should reach 12.8 billion pounds by 2027 from 11.0 billion pounds in 2022 at a compound annual growth rate (CAGR) of 3.0% for the forecast period of 2022 to 2027.
Report Includes
- 36 tables
- An overview of the U.S. markets for plastics used in barrier packaging
- Estimation of the market size and analyses of market trends, with data from 2021, estimates for 2022 and 2026 and projections of compound annual growth rates (CAGRs) through 2027
- Description of plastic resin chemistry, manufacture, and properties, and information on commodity resins, newer polymerization technologies and polymer fabrication technologies
- Highlights of the market potential for flexible green packaging based on technology, application, end user, and region
- Identification of market drivers, restraints and other forces impacting the market and evaluation of current market size and forecast, and assessment of new developments in the industry
- Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies and a relevant patent analysis
- Company profiles of major market players within the industry, including AdvanSix Inc., BASF SE, The Dow Chemical Company, LyondellBasell, and Toray Industries Inc.
Report Scope
This BCC Research study provides in-depth coverage of many of the most important technological, economic, political, and environmental considerations in the U.S. barrier packaging polymer industry. It is primarily a study of U.S. markets. However, because of the increasingly global nature of polymer and packaging chemistry, it touches on some noteworthy international activities, primarily those having an impact on the U.S. market, such as imports/exports and foreign firms operating in this country.
We analyze and forecast market estimates for barrier packaging plastic resins in volume (million pounds). Our base market estimate year is 2021, and we forecast market growth for a five-year period to 2027. All market volumes are at the manufacturer or producer level.
Frequently Asked Questions (FAQs)
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Synopsis
Report Metrics | Details |
Base year considered | 2021 |
Forecast period considered | 2022–2027 |
Base year market size | $10.8 billion |
Market size forecast | $12.8 billion |
Growth rate | CAGR of 3.0% from 2022 to 2027 |
Units considered | $ Millions |
Segments covered | Type, Application |
Key Market Drivers |
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Companies studied |
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Report Highlights
The U.S. packaging barrier resin market should reach 9.4 billion pounds in 2017 and 10.6 billion pounds in 2022, with a compound annual growth rate (CAGR) of 2.5% through 2017-2022.
Report Includes
- 20 data tables and 15 additional tables
- An overview of the global markets for plastics used in barrier packaging
- Analyses of global market trends, with data estimates for 2017 and projections of compound annual growth rates (CAGRs) through 2022
- Information on barrier polymers and their applications, their technology, competing barrier materials, and future trends
- Analysis of the market's drivers and opportunities
- In-depth analysis of the market's restrictions, specifically including susceptibility to contamination or degradation, disposability and recyclability issues, challenges compared to competing materials, and costs
- Profiles of major players in the industry
Report Highlights
The U.S. packaging barrier resin market reached 8.8 billion pounds in 2014. This market is expected to grow to about 9.8 billion pounds in 2019, with a compound annual growth rate (CAGR) of 2%.
Report Includes
- An overview of the global markets for plastics used in barrier packaging
- Analyses of global market trends, with data from 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
- Information on barrier polymers and their applications, their technology, competing barrier materials, and future trends
- Analysis of the market's drivers and opportunities
- In depth analysis of the market's restrictions, specifically including susceptibility to contamination or degradation, disposability and recyclability issues, challenges compared to competing materials, and cost
- Comprehensive profiles of major players in the industry.
Report Highlights
The U.S. barrier packaging market totaled 8.1 billion lbs in 2011 and should grow at a compound annual growth rate (CAGR) of 1.5% over the next five years reaching 8.7 billion lbs in 2016.
Report Highlights
- The U.S. packaging barrier resin market reached 8 billion pounds in 2007. It is expected to reach 10.7 billion pounds by the end of 2012, a compound annual growth rate (CAGR) of 5.8%.
- The largest market for barrier packaging is food and beverage packaging, which accounts for more than 95% of applications in the U.S.
- Other important markets include chemical/industrial products packaging and healthcare products packaging.
Report Highlights
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The barrier plastic packaging industry in the U.S. amounted to about 5.8 billion pounds in 2004 and should rise at an overall 8.1% average annual growth rate (AAGR) to about 8.6 billion pounds in 2009.
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Barrier resins make up nearly 89% of the market and will continue to do so through 2009.
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Permeable films will grow only slightly faster than barrier resins and will represent a 759 million pound market in 2009.
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Tie layer resins (adhesive resins used to bond dissimilar resins together) will rise at an AAGR of only 5.5% over the period to just over 200 million pounds.
Report Highlights
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The barrier plastic packaging industry in the United States is a large business. Its size is, in large part, determined by how one defines "barrier" and therefore what resin products and packaging structures are included in the scope of the analysis. We define a barrier resin as one that has low permeation to the most important gases that can penetrate and damage a packaged product. These gases primarily are oxygen and water vapor. We also include the important thermoplastic polyester, PET, because of its extensive use both as a barrier bottle resin for carbonated and other beverages and as a secondary barrier and structural substrate for many other barrier films. PET also is receiving more attention and gaining increased importance for packaging of beer in new higher barrier PET structures.
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The total U.S. market amounted to almost four billion pounds in our base year of 1999, and will grow at an overall 9.4% AAGR for all barrier resins to more than six billion pounds over the next five years to the forecast year 2004. The value of this market, in constant 1995 dollars at bulk resin prices at the manufacturer level, increases from almost $2.8 billion to $4.3 billion.
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Ethylene-vinyl alcohol (EVOH) copolymers: EVOH is the highest oxygen barrier resin now produced. BCC estimates that about 64 million pounds was used in the U.S. in base year 1999, and BCC forecasts growth at an AAGR of 11% to 108 million pounds in 2004. Most EVOH is used in the U.S. for food packaging (53 million pounds in 1999), with smaller and growing barrier markets for automotive fuel tanks and healthcare packaging.