Barrier Coatings for Paper Packaging Market Summary
Barrier coatings for paper and cardboard substrates are ideal for products that protect against water leakage and vapors, solvents, oils, fatty acids and other substances. It improves the performance and functionality of paper packaging, better protects the product inside, and is used to meet specific performance requirements in applications such as food, dry goods, medical or consumer packaging.
According to the new market research report “Barrier Coatings for Paper Packaging – Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Barrier Coatings for Paper Packaging market size is projected to reach USD 4.06 billion by 2029, at a CAGR of 5.4% during the forecast period.
- Global Barrier Coatings for Paper Packaging MarketSize(US$ Million), 2018-2029
Source: QYResearch, “Barrier Coatings for Paper Packaging – Global Market Insights and Sales Trends 2024”
- Global Barrier Coatings for Paper Packaging TopTenPlayers Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, “Barrier Coatings for Paper Packaging – Global Market Insights and Sales Trends 2024”
According to QYResearch Top Players Research Center, the global key manufacturers of Barrier Coatings for Paper Packaging include BASF, Dow, Henkel, Michelman, Covestro, Clariant, Storaenso, Kuraray, Solenis, Sierra Coating Technologies LLC, etc.
In 2022, the global top 10 players had a share approximately 33.2% in terms of revenue.
In recent years, consumers have become increasingly concerned about the environmental impact of products, resulting in increasing demand for sustainable paper and paperboard packaging. This trend has had an impact on paper and paperboard packaging manufacturers, who have been forced to stop using barrier coatings containing polyethylene, paraffin-based waxes, silicones and fluorinated chemicals in favor of more environmentally friendly barrier coatings layer, this phenomenon is even more prominent in the food and beverage packaging industry.
The extensive range of barrier coatings for paper and board provides protection against water, vapors, hot and cold liquids and grease. The current trend in the market for barrier coatings for paper is towards the use of recyclable coatings, i.e., paper and paperboard coated with these barrier coatings are repulpable, recyclable, compostable and biodegradable, facilitating paper and paperboard packaging production Build a sustainable brand image that is recognized by brand owners, retailers and consumers.
Industry development opportunities: Growing demand from the fast food and beverage container industry is driving the growth of the barrier coating market for paper.
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