Can Coatings Market Size, Share & Industry Analysis, By Type (Epoxy, Acrylic, and Others), By Application (Food Cans, Beverage Cans, Aerosol Cans, and Others) and Regional Forecast, 2019-2026
The Global Can Coatings Market size and share is projected to reach USD 2.65 billion by 2026,
The increasing demand from the food and beverage industry to feed the growing population is a major factor promoting the can coatings market growth. Moreover, change in consumer lifestyle, and increasing trend of mobile food products with an extended shelf life is also augmenting the market. Can coatings are utilized both on the exterior and interior surface for preserving food for a longer period, especially in cases of food and beverage products.
on account of change in living habits and rising demand for canned products from the food and beverage industry. Cans are used for preserving products and storing them for safe transport from manufacturing units to the end-user. The increasing popularity of packaged food and beverage products is a significant factor boosting the can coatings market size. More information on the market is provided in a recently published report by Fortune Business insights™ titled, “Can Coatings Market Size, Share & Industry Analysis, By Type (Epoxy, Acrylic, and Others), By Application (Food Cans, Beverage Cans, Aerosol Cans, and Others) and Regional Forecast, 2019-2026.” As per this report, the market value was USD 1.97 billion in 2018 and is expected to rise at a CAGR of 3.8% between 2019 and 2026.
Competitive Landscape:
Expansion of Product Portfolio- Key Strategy Adopted by Players
Major can coatings manufacturers are excluding harmful chemical materials for production and including elements such as polyester and acrylic for can production. Besides this, producers are focusing on geographical expansion, strengthen their distribution channels, and product launches for exceptional food and beverage variety such as soups, baby-milk, and others to attract high can coatings market revenue on the one hand and emerge dominant in the market competition on the other.
List of Notable Market Players in Can Coatings Market;
- PPG Industries, Inc.
- Kansai Nerolac Paints Ltd.
- BALL CORPORATION
- CSC BRANDS, L.P.
- Axalta Coating Systems
- National Paints Factories Co. Ltd.
- CSC BRANDS, L.P.
- TOYOCHEM CO. LTD.
- IPC GmbH & Co. KG
- VPL Coatings GmbH & Co KG
- The Sherwin-Williams Company
- Kupsa Coatings
Browse Summary of This Research Report with TOC: https://www.fortunebusinessinsights.com/can-coatings-market-102537
However, government restrictions on specific can coating technology and application methods, use of VOC emission content, solvents used, resins, and other can coating formulation in chemicals and materials that may cause health problems may cause hindrance to the overall market in the long run.
The increasing demand from the food and beverage industry to feed the growing population is a major factor promoting the can coatings market growth. Moreover, change in consumer lifestyle, and increasing trend of mobile food products with an extended shelf life is also augmenting the market. Can coatings are utilized both on the exterior and interior surface for preserving food for a longer period, especially in cases of food and beverage products.
on account of change in living habits and rising demand for canned products from the food and beverage industry. Cans are used for preserving products and storing them for safe transport from manufacturing units to the end-user. The increasing popularity of packaged food and beverage products is a significant factor boosting the can coatings market size. More information on the market is provided in a recently published report by Fortune Business insights™ titled, “Can Coatings Market Size, Share & Industry Analysis, By Type (Epoxy, Acrylic, and Others), By Application (Food Cans, Beverage Cans, Aerosol Cans, and Others) and Regional Forecast, 2019-2026.” As per this report, the market value was USD 1.97 billion in 2018 and is expected to rise at a CAGR of 3.8% between 2019 and 2026.
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