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MarketResearch.biz delivers in-depth insights on the global can coatings market in its upcoming report titled, “Global Can Coatings Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global can coatings market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global can coatings market report has been segmented on the basis of type, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Cans are manufactured using different metals such as tin, aluminum, and electrolytic chromium coated steel. In the food & beverage industries, inner surface of cans has a direct contact with food & beverages and to minimize interaction between can and food, a coating is applied. In addition, coating help in preserving a taste of the food & beverage and store for a longer time. Major functions of a coating involve preventing chemical mitigation into food, preserve food and maintain its organoleptic or nutritional properties for long period of time, and protecting metal of the can. The coatings possess inert properties when utilized for aerosol cans and general line.
Can coatings be majorly employed in metal packaging to enhance as well as improve flexibility, resistance, and adhesion. In addition, this product is used in metal shaping process for hardness, resistance, elasticity, and adhesion. Metal packaging products apply can coatings on account of various properties such as resistance to foodstuffs as well as acidic additives. Can coatings products be employed in various end-use industries as it provides protection and decorative aesthetics, majorly to metal packaging.
North America can coatings market is estimated to account for major share in terms of revenue in the global can coatings market. Asia Pacific can coatings market is anticipated to witness fastest growth in terms of revenue over the next 5 years, owing to increasing demand from the food & beverage industries in countries in this region. China market is estimated to account for significant share in terms of revenue in the Asia Pacific, whereas the India market is anticipated to register highest CAGR over the forecast period. Rising disposable income of people and rapid growth in urban and rural regions in this region are other factors fueling growth of food & beverages and dairy, which in turn is estimated to fuel growth of can coatings in this region.
Global Can Coatings Market Segmentation:
Segmentation by type:
- Other (oleoresins, vinyl, alkyd, and polyolefin)
Segmentation by application:
- Food Can
- Beverage Can
- General Line Can
- Aerosol Can
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Akzo Nobel N.V.
- PPG Industries, Inc.
- The Valspar Corporation
- Kansai Paint Co., Ltd.
- Altana AG
- National Paints Factories Co. Ltd.
- ICI Packaging Coatings Limited
- Tiger Coatings GmbH & CoKG
- Toyochem Co., Ltd.
- VPL Coatings GmbH & Co KG
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