According To New Report The Future Of Functional And Barrier Coatings For Paper And Board Packaging To 2020 Sustained Growth In Demand For Paperbased Packaging Materials Is Stimulating Demand For Functional And Barrier Coatings Total Demand Is Expected To Increase From 24 Million Tonnes Of Material In 2014 To Over 32 Million Tonnes By 2020 With The Market Value Growing At 5 Annually In Constant 2014 Terms From Nearly 54 Billion To Over 71 Billion Over The Period This Will Be Particularly Evident In The Emerging Markets Of Africa Asia And Southcentral America With The Unrest In The Middle East Casting A Cloud Over Otherwise Good Growth In This Region As Wellnbsp Demand In North America Will Lose Some Market Share To These Regions Especially Asia While Europe Should Maintain Its Position In The Market Over The Review Period Ldquoat A Macroeconomic Level Urbanisation Population Growth Ageing Populations And The Growth Of The Emerging Economies Are All Exerting Varying Degrees Of Stimulus On The Demand For Coatingsrdquo Said Stephen Harrod Author Of The Report Ldquochanges In Retail Infrastructure In The Emerging Regions Are Opening Up New Opportunities For Packaging Generally And Consequently For The Coating Industryrdquoin Total Over 30 Of All Paperbased Packaging Carries Some Form Of Functional Or Barrier Coating Ranging From 100 Of Liquid Packaging Board To Just 7 Of Corrugated Materials This Rises To More Than 45 Of Food Packaging With A Third Of Beverage Packs And A Fifth Of Nonfood Materials Carrying These Coatingsnbspnbsp The 5 Billion Functional And Barrier Coating Industry Is Turning Green With The Need For Recyclability Being Driven At All Levels From Legislative And Regulatory Requirements Through To Consumer Perceptions And Pressure Groups And Key Technological Breakthroughs Are Making Their Presence Felt In Addition Consumer Trends Such As Increasing Demand For Smaller Pack Sizes Provides A Stimulus For The Coatings Market As More And Smaller Packs Present A Greater Surface Area For Coating Than The Fewer And Larger Packs They Replace Extrusion Polymers Which Include Polyethylene Pe Polypropylene Pp Polyamide Nylon And Recycled Polyethylene Terephthalate Petr Show The Best Prospects And Will Absorb The Lionrsquos Share Of The Anticipated Growth In This Market Moving From A 61 Share Of 2014 Volumes To Some 635 Of The Projected 2020 Market This Will Be Driven Largely By Solid Growth In Demand For Liquid Packaging Board Coupled With Strong Growth In Demand For These Coatings From Nonfood Applications Though From A Low Basethe Future Of Functional And Barrier Coatings For Paper And Board Packaging To 2020 Provides An Indepth Analysis Of The Market Forces Driving Growth And Offers A Comprehensive Overview Of The Industry For Raw Material Suppliers Product Managers And Engineers Packaging Converters And Other Key Personnel In The Packaging Supply Chain
