Ultra-High Barrier Coating Market Size will Grow Profitably and Estimates Strong Development by 2025

Ultra-High Barrier Coating Market Size will Grow Profitably and Estimates
Strong Development by 2025
Ultra-high barrier coating in packaging application intact the products with higher strength,
lightweight, better flexibility and higher clarity. The ultra-high barrier coating market is expected
to propel due to increase in demand for packaging materials in food and beverage industry. The
ultra-high barrier coating helps in protecting the products content, reduces the need for
preservatives, and improve the shelf life coupled with better gloss and transparency of the
product. According to the Food and Drugs Administration (FDA), in 2015, in the global food
market, food packaging and packaged food accounted to have a share of two-third, owing to
which the ultra-high barrier coating market is expected to propel in the forecast period. In terms
of beverage, polyethylene terephthalate (PET) bottles are accounted to act naturally as an ultrahigh barrier coating for juice bottles, wine bottles, beers, and others. Ultra-high barrier coating is
regarded as added-value specialty films, for instance Silicon Oxide (SiOx) and Ethylene Vinyl
Alcohol (EVOH) coated film acts as substitute for aluminum foils, reduction on lamination steps,
and also provides better product visibility compared to normal BOPP films. Others factors which
is expected to boost the ultra-high barrier coating market are its functional properties such as
sustainability, helps in cost reduction during manufacturing, increases the shelf life. The ultrahigh barrier coated packages provide transparent packaging which provides the consumers to
ensure the quality of the food. Owing to these factors the ultra-high barrier coating market is
expected to propel during the forecast period (2018 – 2025).
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Ultra-High Barrier Coating: An Upward Trend
The ultra-high barrier coating market is expected to grow due to various technological
advancement in various sectors includes food processing, drug formulation, electronic parts, and
others. The protective solutions and packaging solutions provided by ultra-high barrier coating
helps to enhance the product shelf-life with low permeation rate, and also upholds the product
integrity. The ultra-high barrier coatings and films acts as a superb substitute compared to
Aluminum foil used are utilized in high barrier application, which was accounted to have a
market of over US$ 700 million in 2015. The aluminum foil market as a high coating barrier is
expected to be hampered due to presence of pinholes which degrades its performance, owing to
which the ultra-high barrier market is expected to propel in the forecast period. Various
companies such as Mill Print, Standard Packaging, and other through there technological
advancement in ultra-high barrier coating achieved barrier materials such as Polyvinyl Alcohol
(PVOH), Polyvinylidene Chloride (PVDC), Aluminum oxide (Al2O3), Silicon Oxide (SiOx).
The demand for ultra-high barrier coating market is expected to grow due to its ultra-high barrier
applications which combines both coating and films. Ultra-high barrier films comprise of
materials such as Poly-acrylonitrile, Amorphous PET, and Cyclic Olefin Copolymers. Thus, the
market for ultra-high barrier coatings is expected to grow due to advancement in technology, in
various end-use industries such as pharmaceutical, food & beverage, electrical and electronics,
and other industries during the forecast period.
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Regional Acumens:
Europe is dominating the ultra-high barrier coatings market, while Asia Pacific is expected to be
the fastest growing region for the market in the forecast period. The ultra-high barrier coatings
market is expected to propel due to increase in consumption of ready-to-go artisanal and healthy
food, growing purchasing rate of groceries and other daily need through online shopping which
is coupled with the busy life-style patterns. Others factors which is expected to boost the market
for ultra-high barrier coating is the need for longer shelf-life which is majorly triggered by the
distributing channels such as supermarket, hypermarket, and others. The packaged food is
required to have a higher shelf life in the Asia-Pacific region, due to its tropical weather the food
deteriorates faster compared to other regions. Thus, Asia Pacific is expected to be the fastest
growing region for the ultra-high barrier coating market during the forecast period (2018 –
2025).
Competitive Landscape:
The major players for the ultra-high barrier coating market include Perlen Packaging AG,
Taghleef Industries L.L.C, Honeywell International Inc., Klöckner Pentaplast Europe GmbH &
Co. KG, and Cosmo Films Limited among others. Rising demand for packaging solutions and
creative materials with ultra-high barrier coating has allowed various companies to focus on
numerous innovations and technological advancement.
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Ultra-High Barrier Coating Market, By Application (Coffee Packets, Baked Goods, Powdered Food Packets, Pet Foods, Shampoo Bottles, And Others), By Materials (PVOH, PET, PVdC, SiOx, And Others), By End-Use Industry (Healthcare, Personal Care, Electrical & Electronics, Textiles, And Others) – Global Industry, Insights, Trends, And Forecast – 2017 To 2025

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