Product Type Barrier Films to Dominate the Market
By product type, the barrier film segment currently dominates the global market. Ultra-high oxygen barrier characteristics, flex crack and thermal resistivity, and a variety of other functional benefits are all provided by specialty and high-performance barrier films.
Superior gas and water vapour barrier performance serves to protect the products against corrosion, rotting, moisture absorption, drying, and oxidation.
As a result, they're frequently employed in the packaging sector, particularly in the food packaging industry.
Barrier films are also commonly utilised in vacuum insulated panels and electronic applications such as displays and organic-based electronics.
As a result of the rising demand from the aforementioned application areas, barrier films are expected to dominate the market examined over the forecast period.
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