Can Coatings Market is expected to reach USD 2.52 billion by 2025, from USD 1.91 billion in 2017, growing at a CAGR of 3.5% during the forecast period of 2018 to 2025 (Current Year Statistic Will Be Provided in Report). The report includes market shares of can coating market for global, Europe, North America, Asia Pacific and South America.
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Can coatings are used in metal packaging to improve resistance, adhesion and flexibility. They are also used for adhesion, elasticity, hardness and resistance to metal shaping processes. It also required preservation features such as resistance to acidic foodstuffs and additives. They are used in several applications across worldwide with providing protection and decorative aesthetics.
- Its key applications consist of food cans, beverage cans, general line cans, and aerosol cans.
- Out of these, food cans is one of the important applications for the growth of can coating market as food cans considerably helps in preserving the quality of food products and prevent the food from spoilage.
The market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. Some of the major players operating in the global can coatings market are
- PPG Industries
- The Valspar Corporation
- Akzo Nobel N.V.
- KANSAI PAINT CO., LTD
- National Paints Factories Co. Ltd
- International Packaging Coatings GmbH
- TIGER Coatings GmbH & Co. KG
- VPL Coatings GmbH & Co KG, among others.
The global can coatings market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. This market report defines the market trends and forecast the upcoming opportunities and threats of the global can coatings market in the next 8 years.
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Major Market Drivers and Restraints:
- Increasing consumption of metal cans in food & beverage application
- High demand for can coatings in emerging countries of APAC
- Increasing use of epoxy coating
- New product developments in can coatings
- fluctuation in raw material prices
- Stringent regulations on BPA (bisphenol)
The global can coatings market is segmented based on type, application and geographical segments.
- Based on type, the global can coatings market is segmented into
- Polyolefin and others
- On the basis of application, the global can coatings market is segmented into
- Food cans
- Beverage cans
- General line cans
- Aerosol cans and others
- Based on geography, the global can coatings market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa.
- Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Table of Content
1.1. Objectives Of The Study
1.2. Market Definition
1.3. Overview Of Global Can Coatings Market
1.4. Currency And Pricing
1.6. Markets Covered
- Market Segmentation
2.1. Markets Covered
2.2. Geographic Scope
2.3. Years Considered For The Can Coatings Study
2.4. Currency And Pricing
2.5. Research Methodology
2.6. Primary Interviews With Key Opinion Leaders
2.7. Secondary Sources
- Market Overview
- Executive Summary
- Premium Insights
- Global Can Coatings Market, By Application
- Global Can Coatings Market, By Product
- Global Can Coatings Market, By Vertical
- Global Can Coatings Market, By Geography
- Global Can Coatings Market, Company Landscape
- Company Profile
- Related Reports
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