In recent years, EVOH for packaging has witnessed robust market adoption, asserting its dominance in the barrier films segment. Both flexible and rigid packaging manufacturers widely incorporate EVOH to enhance the barrier properties of their products, offering distinctive solutions to consumers. The demand for PVDC barrier films is on the decline, primarily due to the emergence of EVOH-based films in the market. EVOH’s exceptional transparency and gloss characteristics contribute to heightened aesthetics in products, fueling its increasing demand. Recognized for its eco-friendly nature and recyclability, EVOH minimizes environmental impact, finding applications in various food packaging sectors, including meat, baby food, personal care, cosmetics, and more.
EVOH has become the preferred barrier resin in the flexible and rigid packaging market as manufacturers prioritize its eco-friendly and effective qualities over conventional PVDC resins. In contrast to PVDC, EVOH is free from harmful elements like chlorine, metals, and dioxins, eliminating the risk of causing endocrinological disorders. Notably, EVOH films exhibit a remarkable 10,000 times greater gas barrier compared to standard LDPE films. The primary role of EVOH lies in offering a robust barrier for food products, extending their shelf life and ensuring enduring freshness. This shift reflects the industry’s commitment to sustainable and efficient packaging solutions.
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Market Drivers:
- Barrier Properties: EVOH is known for its excellent barrier properties against oxygen, gases, and aromas. This makes it a preferred material for packaging applications, especially in the food industry, where extending the shelf life of products is crucial.
- Food Safety and Preservation: The demand for packaging materials that can ensure the safety and preservation of food products has been a significant driver for EVOH. Its ability to prevent the ingress of oxygen helps in preserving the freshness of packaged foods.
- Environmentally Friendly Packaging: EVOH is recyclable, which aligns with the growing demand for sustainable and eco-friendly packaging solutions. As environmental concerns continue to rise, the use of recyclable materials in packaging gains importance.
- Flexible Packaging Growth: The rise in popularity of flexible packaging, which offers advantages like lightweight, cost-effectiveness, and extended shelf life, has contributed to the increased use of EVOH in packaging applications.
- Technological Advancements: Ongoing advancements in EVOH production technologies and processing techniques have improved its performance and cost-effectiveness, making it more attractive for various packaging applications.
Market Restraints:
- Cost: EVOH is relatively more expensive compared to other packaging materials. The cost factor can be a significant restraint, especially for price-sensitive markets and applications.
- Moisture Sensitivity: EVOH can be sensitive to moisture during processing, which may affect its barrier properties. This sensitivity can pose challenges in certain manufacturing and application processes.
- Limited Heat Stability: EVOH has limitations in terms of heat stability, which can affect its performance in applications that involve high-temperature processing or storage.
- Recycling Challenges: While EVOH is recyclable, the recycling infrastructure for it may not be as well-established as for some other materials. This could limit its adoption in regions where recycling facilities are not readily available.
- Competition from Alternative Materials: The packaging industry is diverse, with various materials offering different advantages. EVOH faces competition from alternative barrier materials, such as aluminum foil and metallized films, which may impact its market share in specific applications.
Key EVOH for Packaging Market Takeaways and Projections
- The U.S. is expected to lead the North America EVOH for Packaging market, projecting the fastest growth in the region between 2022-2032
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.
Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of EVOH for Packaging market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
It also provides a list of leading players and recent development in the global EVOH for Packaging market. Some of the key players in the EVOH for Packaging market are
- Kuraray Europe GmbH,
- Nippon Gohsei (UK) Limited,
- Arkema S.A.,
- Chang Chun Group,
- KUREHA CORPORATION,
- EVAL Europe NV,
- Soarus L.L.C.,
- Gantrade Corporation,
- Waldorf Technik GmbH,
- SCHUR Flexibles GmbH,
- Coveris Holdings S.A.,
- Flavorseal Llc,
- BUERGOFOL GmbH, and
- Flexopack S.A.
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Market Segmentations:
By Processing Methods
- Co-extruded film extrusion (blown or cast)
- Monolayer film extrusion (blown or cast)
- Co-extrusion blow molding
- Sheet co-extrusion
- Co-extrusion coating
- Injection molding
- Laminating
By Product Application
- Flexible Films
- Bottles
- Trays
- Bag-in-box
- Pipes
- Laminated Tubes
- Others
By End Use
- Food
- Meat, Poultry, and Seafood
- Pet Food
- Baby Food
- Others
- Personal Care & Cosmetics
- Household
- Pharmaceutical
- Others
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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