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A report on“ EVOH Films for Packaging Market ” has been appended into the market research report database of Reports and Insights, in recent times , that promises to offer a complete analysis to its readers on the growth forecasts and development prospects of the market, together with the potential business opportunities in the industry. The study, which emphasizes the most recent business dynamics, trends, growth drivers and opportunities that are impacting the market growth, also comprises the market size and the compounded average growth rate (CAGR) for the projected period 2022 and 2030. The report on“ EVOH Films for Packaging Market ” also incorporates an in-depth assessment on both the macro- and micro-environmental factors that are likely to impact the market growth over the forecast period. In addition to that, analytical tools such as Porter's five forces analysis and PESTEL analysis are utilized to reckon and gather the factors that are playing the role of the driving force for the growth of the market.
The EVOH films for packaging market is estimated to reach at a value of US$ 5.1 Bn by the end of 2022 and expected to reach at a value of US$ 7.7 Bn by 2030 with a significant CAGR of 5.1%.
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EVOH Films for Packaging Introduction
Ethylene-vinyl alcohol copolymer or EVOH can be distinguished as a pliant, transparent and crystal clear, as well as slick thermoplastic copolymer with exceptional flex-crack resistivity, along with extremely high resistance to oils, hydrocarbons, and natural solvents.
EVOH films, attributing to its excellent barrier properties to gasses such as nitrogen, oxygen, and carbon dioxide, makes its ideal packaging for a wide range of products including cosmetics, foods, drugs as well as other delicate or perishable products as it maintains and extends its shelf life.
In addition to that, compared with several other common films, EVOH has excellent barrier attributes. On that account as well as to maximize both performance and cost, it is oftentimes employed in multilayer, co-extruded films like PP, HDPE, and PET, which have excellent moisture barrier characteristics. Owing to which, the EVOH films are achieving several applications across various industries including food, healthcare, personal care and many more.
In addition to that, the growing demand for innovative packaging, particularly in the food industry, in order to extend the shelf life of products is further protected to offer major opportunities to the EVOH films for the packaging market in the forthcoming years.
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EVOH Films for Packaging Market Segmentation
The global EVOH films for packaging market is segmented on the basis of product type, application, end use, and region.
By Product Type
By Application
- Pouches
- Trays
- Bags & Sacks
- Wrapping Films
- Lids
- Liquid Packaging Solutions
- Others (Sachets, Bag-in-box, Tubes)
By End Use
- Food
- Personal Care & Cosmetics
- Household
- Pharmaceutical
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
EVOH Films for Packaging Market Key Players
Some of the key participating players in global EVOH films for packaging market are:
- Mitsubishi Chemical Holdings Group
- FLAIR Flexible Packaging Corporation
- Schur Flexibles Holding GesmbH
- Smurfit Kappa Group Plc
- Coveris Holdings S.A.
- Kuraray Co. Ltd
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