The Can Coatings Market report also provides company profiles and competitive strategies adopted by major market players, such as PPG Industries (US), Valspar (US), Akzo Nobel (Netherlands), ALTANA (Germany), KANSAI PAINT (Japan), Toyochem (Japan), National Paints Factories (Jordan), International Packaging Coatings (Germany), TIGER Coatings (Germany), and VPL Coatings (Germany)among others.
Download Sample Papers of Can Coatings Market spread across 146 Pages, Profiling 10 Companies and Supported with 150 Tables and 42 Figures is now available at www.rnrmarketresearch.com/contacts…ple?rname=1449561 .
The global can coatings market is estimated at USD 1.91 billion in 2017 and is projected to reach USD 2.27billion by 2022, at a CAGR of 3.4% between 2017 and 2022. Can coatings find applications in food, beverage, aerosol and general line cans.
Food and beverage cans cumulatively account more than more than 70% of the can coatings market.
Increasing per capita expenditure on food & beverages, rising disposable income, standard living.
Key Target Audience:
- Regional Manufacturers’ Associations
- Raw Material Manufacturers (companies involved in resins, solvents, and additives production)
- Metal Can Producers
- Traders, Distributors, and Suppliers of Can Coatings
- Government and Regional Agencies and Research Organizations
Beverage cans was the largest market for can coatings, by type in 2016. The growth of this segment is attributed to the high demand for these coatings to coat beverage cans to maintain taste and flavor of beverages.
Beverage can producers have to comply with strict regulations by food authorities regarding the quality of cans. Can coatings provides also avoids contamination of beverages products with can’s metal.
This is expected to drive the demand for can coatings in beverage cans applications.
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Epoxy was the largest market for can coatings, in 2016. Their protective function, stability makes them the most commonly used coating material.
Most epoxy coatings are synthesized from bisphenol A (BPA) and epichlorohydrin forming BPA-epoxy resins. Some epoxy coatings blends that have widespread acceptance across the end-user applications include epoxy-phenolic, acrylates, anhydrides, and amines.
Can Coatings Market, By Type
2 Epoxy Can Coatings
3 Acrylic Can Coatings
4 Polyester Can Coatings
Can Coatings Market, By Application
2 Food Cans
3 Beverage Cans
4 General Line Cans
5 Aerosol Cans
APAC is the fastest-growing market for can coatings. The growth of the segment is mainly attributed to the increasing demand for the can coatings in the packaging industry for the packaging of pharmaceutical, food & beverage, and chemical products.
The increasing per capita expenditure on healthcare, personal care, and food & beverage products, huge consumer base, growing urban population, low labor costs, and easy availability of raw materials are attracting international pharmaceutical, chemical, and food & beverage manufacturers to shift their production facilities to the region, thus creating high demand for metal cans in these industries.
Connect for More Details for More Information “Can Coatings Market by Type (Epoxy, Acrylic, Polyester, Oleoresins, Vinyl, Alkyd, Polyolefin), Application (Food Cans, Beverage Cans, General Line Cans, Aerosol Cans), and Region(APAC, North America, Europe, South America, ME&A) - Global Forecast to 2022” report @ www.rnrmarketresearch.com/contacts…unt?rname=1449561 .
This study has been validated through primaries conducted with various industry experts globally. These primary sources have been divided into three categories, namely, by company, by designation, and by region.
- By Company Type – Tier 1 – 50%, Tier 2 –33%, and Tier 3 – 17%
- By Designation – C Level – 17%, Director Level – 33%, and Others – 50%
- By Region – Europe – 25%, Asia Pacific – 50%, North America – 25%
The report covers the can coatings market and its applications across different industry verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments, such as type, application and region.
The report also includes an in-depth competitive analysis of the key market players along with their company profiles.
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