The global demand for Can Coating Market is presumed to reach the valuation of nearlyUSD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022-2028. Whereas with regards to volume, the market was calculated XX KT in 2021 and foreseen to touch XX KT by 2028 with a CAGR of XX% during 2022-2028.
Can coatings are the coatings applied inside and outside of the cans to protect the contents such as drinks, food, and chemicals. It is also applied to prevent scratches on the surface of the cans. Additionally, it is highly functional as it provides safety and hygiene to the contents and protection of the flavors at the product quality design stage. The functions of can coating include anti-scratching, easy processing, anti-corrosion, and insulation to various metals. In addition to this, the coatings applied on cans, which are generally made up of aluminum, steel, and copper.
The increasing consumption of metal cans in food & beverage application is primarily driving the market growth. The rapidly growing packaging industry coupled with the shifting preference of people towards convenient packaging is again accelerating the market growth. However, government regulations and norms are expected to limit market growth. Whereas, new product developments and increasing demand from emerging economies are anticipated to augment demand over the forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of can coating.
The entire can coating market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Food Can
- Beverage Can
- General Line Can
- Aerosol Can
This section covers regional segmentation which accentuates on current and future demand for can coating market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Can Coating Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the can coating market include Akzo Nobel, Altana, International Packaging Coatings, Kansai Paints, National Paint Factories, PPG, Tiger Coatings, Toyochem, Valspar, VPL Coatings, and Other. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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