Product Code: ETC4505008 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Barrier resins are essential materials in the packaging industry, and the Singapore barrier resins market has witnessed substantial growth in response to the increasing demand for high-quality, sustainable packaging solutions. These resins provide excellent gas and moisture barrier properties, making them ideal for preserving the freshness and quality of packaged food and beverages. With the rising consumer awareness of eco-friendly packaging, the market has also experienced a shift towards recyclable and biodegradable barrier resins. This market segment is integral to Singapore packaging industry, catering to both local and export markets.
The Singapore Barrier Resins market is experiencing significant growth, primarily driven by the packaging industry. Barrier resins are essential for extending the shelf life of perishable products, including food and beverages. The rising demand for packaged and convenience foods, along with consumer awareness of food safety and quality, has led to increased adoption of these resins. Furthermore, the pharmaceutical and healthcare sectors rely on barrier resins to protect sensitive drugs and medical devices, contributing to market expansion.
The Singapore barrier resins market faces challenges related to consumer demand for sustainable packaging materials. Barrier resins are commonly used in food packaging to extend shelf life, but there is a growing push for more eco-friendly alternatives. Market players must find ways to improve the recyclability and biodegradability of barrier resin-based packaging while maintaining the essential barrier properties.
The barrier resins market in Singapore saw mixed effects from the COVID-19 pandemic. On one hand, the demand for barrier resins used in food packaging and medical applications increased due to the heightened focus on hygiene and preservation. On the other hand, industries like manufacturing and automotive, which also use barrier resins, saw reductions in demand. Manufacturers had to adjust their product offerings to cater to the changing market dynamics, focusing on the healthcare and packaging sectors to mitigate the overall impact.
In the Singapore Barrier Resins Market, key players like Kuraray Co., Ltd., Mitsui Chemicals, and Teijin Limited are prominent. These companies offer high-performance barrier resins for food packaging and other applications. Local manufacturers like BarrierTech Singapore contribute to the market by addressing local demand for advanced barrier solutions.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Barrier Resins Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Barrier Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Barrier Resins Market - Industry Life Cycle |
3.4 Singapore Barrier Resins Market - Porter's Five Forces |
3.5 Singapore Barrier Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Barrier Resins Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Singapore Barrier Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Barrier Resins Market Trends |
6 Singapore Barrier Resins Market, By Types |
6.1 Singapore Barrier Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Barrier Resins Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Barrier Resins Market Revenues & Volume, By PVDC, 2021-2031F |
6.1.4 Singapore Barrier Resins Market Revenues & Volume, By EVOH, 2021-2031F |
6.1.5 Singapore Barrier Resins Market Revenues & Volume, By PEN, 2021-2031F |
6.2 Singapore Barrier Resins Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Singapore Barrier Resins Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.3 Singapore Barrier Resins Market Revenues & Volume, By Pharmaceutical & Medical, 2021-2031F |
6.2.4 Singapore Barrier Resins Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.5 Singapore Barrier Resins Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.6 Singapore Barrier Resins Market Revenues & Volume, By Industrial, 2021-2031F |
7 Singapore Barrier Resins Market Import-Export Trade Statistics |
7.1 Singapore Barrier Resins Market Export to Major Countries |
7.2 Singapore Barrier Resins Market Imports from Major Countries |
8 Singapore Barrier Resins Market Key Performance Indicators |
9 Singapore Barrier Resins Market - Opportunity Assessment |
9.1 Singapore Barrier Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Barrier Resins Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Singapore Barrier Resins Market - Competitive Landscape |
10.1 Singapore Barrier Resins Market Revenue Share, By Companies, 2024 |
10.2 Singapore Barrier Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |