The global demand for Packaging Coatings Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Packaging coatings are numerous specialized chemical agents that are applied inside or on the surface of packaging products. They are used on various metal, plastic and paper-based containers, cans, closures, and industrial packaging products. The most commonly available resins used for packaging coatings are epoxy resins, acrylic resins, polyester and polyurethane resins. These coatings assist in enhancing the product shelf-life and provide additional protection, corrosion resistance, and aesthetic appeal. Due to this, they find its application in personal care, food and beverage and healthcare industries.
The rising e-commerce industries, coupled with the rapid industrialization and urbanization across the globe, is one of the major factors driving the market. Also, the increasing utilization of acrylic-based coatings is creating a positive impact on the market. Moreover, the rising demand for canned food and beverages is also providing a boost to the market growth. Other factors, including the increasing consumer inclination for attractive packaging, technological advancements are projected to drive the market further.
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 packaging coatings.
The entire packaging coatings market has been sub-categorized into substrate, resin, formulation 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 Products
- Caps and Closures
- Monobloc and Tubes
This section covers regional segmentation which accentuates on current and future demand for packaging coatings 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 Packaging Coatings 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 packaging coatings market include Akzo Nobel N.V., Arkema Group, Axalta Coating Systems LLC, BASF SE, Mantrose-Haeuser Co. Inc., PPG Industries Inc., Sun Coating Company, The Dow Chemical Company, The Valspar Corporation, Wacker Chemie AG Ltd., etc. 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.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.