Global Can Coatings Market By Type (Epoxy, Acrylic, Polyester, Oleoresins, Vinyl, Alkyd, Polyolefin), Application (Food Cans, Beverage Cans, General Line Cans, Aerosol Cans), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Can coatings market will grow at a rate of 3.65% for the forecast period of 2020 to 2027. Rising consumption of metal cans in food and beverage application is a vital factor driving the growth of can coatings market swiftly.
Can coatings are used in metal packaging to enhance or improve adhesion, resistance and flexibility. They are also used for elasticity, adhesion, hardness, and resistance to metal shaping processes. They are used in numerous applications all over the globe along with providing protection and decorative aesthetics.
Rising use of epoxy coating is a vital factor in escalating market growth. Also, the increased demand for can coatings, new product developments in can coatings and rising demand from the food and beverage industries are the major factors among others driving the bio plasticizer market. Moreover, rapid urbanization and diversity in the usage of can coatings in numerous applications will further create new opportunities for the can coatings market in the forecast period of 2020- 2027.
However, fluctuation in the prices of raw materials and stringent regulations on BPA (bisphenol) are the major factors among others acting as restraints, and will further challenge the growth of can coatings market in the forecast period mentioned above.
This can coatings market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on can coatings market us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Can Coatings Market Scope and Market Size
Can coatings market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on application, the can coatings market is segmented into food cans, beverage cans, general line cans and aerosol cans
- The can coatings market is segmented on the basis of type into epoxy, acrylic, polyester, oleoresins, vinyl, alkyd and polyolefin
Can Coatings Market Country Level Analysis
Can coatings market is analysed and market size, volume information is provided by country, type and application as referenced above.
The countries covered in the can coatings market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the can coatings market due to increase in the consumption of metal can several industries such as pharmaceutical, food and beverages, chemical, personal care among others. Europe is the expected region in terms of growth in can coatings market due to increasing demand in food and beverages, health care industries and personal care.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Can Coatings Market Share Analysis
Can coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to can coatings market.
The major players covered in the can coatings market report are Valspar, Dow, PPG Industries, Inc., Akzo Nobel N.V., ALTANA, Kansai Paint Co.,Ltd., National Paints Factories Co. Ltd., IPC GmbH & Co. KG, TIGER Coatings GmbH & Co. KG, VPL Coatings GmbH & Co KG, BALL CORPORATION, Kupsa Coatings among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Can Coatings Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.