Future Market Insights
The high barrier packaging industry is growing across the globe due to growing demand for packed foods. EVOH encapsulation film is often used in the new application in high barrier flexible packaging. EVOH (Ethylene vinyl alcohol) is a formal copolymer of ethylene and vinyl alcohol. EVOH encapsulation film avoids the infusion of gases including oxygen and water vapor. EVOH encapsulation film is used for high barrier flexible packaging because of its excellent organoleptic, outstanding gas barrier and easy process ability on a wide range of extrusion processing product. The passive property of these EVOH films and their ability to the reservation of products for a longer period make them a preferable choice in the food industry. There are three primary ways by which food products degrade, one of them is physical damage or bruising, second is the chemical change that can cause deterioration of the food and reduce shelf life it includes oxidative reaction, third is microbiological changes, microbes can multiply under favorable condition. EVOH encapsulated film is one of the best solutions which provide all the feature against the food degradation, it is one the reason for gaining attraction in the high barrier food packaging industry. EVOH encapsulated films used for packaging the cheese, snacks, dairy products, and such kind of product, where the chance of formation of microorganism and germsare more.
EVOH Encapsulation Film- Market Dynamics:
There are several reasons which contribute to the growth of the EVOH encapsulation film market. One of the significant factors which contribute towards the growth of EVOH encapsulation film market is growing demand for packed food in the developing country in the upcoming years.In the emerging country per capita income is rising and change in food habits with busy lifestyle has led to augment demand for packed food. The increasing demand for confectionery and packaged foods in developing countries absolutely influence the EVOH encapsulation film market. Moreover, the EVOH encapsulation film is often best material for packaging rather than an alternative such as metal, wood, and glass. Another factor is the low amount of raw material required for providing the same gas barrier as compared to other LDPE films, it also contributes in the growth of the film’s market. The restraint in the growth of the EVOH film market has regulated the use of film by the government which is made from plastic and having the problem in degradation.
EVOH Encapsulation Film- Market Segmentation:
The EVOH encapsulation film market can be segmented by mole of polymer, and by end use.
On the basis of mole of polymer, EVOH encapsulation films is segmented into –
On the basis of end use, clear barrier films is segmented into –
EVOH Encapsulation FilmMarket - Regional outlook:
Geographically the EVOH encapsulation films market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA). The EVOH encapsulation film market is expected to witness a sluggish growth over the forecast period of 2017-2025. Moreover, North America is expected to be the largest EVOH encapsulation film market due to the rising demand from the food and pharmaceutical industry. Apart from this, the extensive evolution of the retail sector in the growing economies such as India & China is expected to boost further the sales of the EVOH encapsulation film market in Asia Pacific by the end of the forecast period of 2017- 2025. Latin America and Middle East & Africa are expected to witness sluggish growth and over the forecast period. However, China and India based EVOH encapsulation film manufacturers are looking to seize most of the opportunity offered in terms of revenue from the global film market.
EVOH Encapsulation FilmMarket - Key players:
Few of the players identify across the global in the EVOH encapsulation film are Coveris, Vishakha Polyfab Pvt. Ltd., Glory Films, ARKEMA Group, Essen Multipack Limited, NIPPON GOHSEI Group, Kuraray Co., Ltd., AVI Global Plast. FOLIEN DRUCK GMBH, UAB Umara etc.
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