Can Coatings Market Size to Reach USD 2.65 Billion by 2026; Global Market to Witness Progressive Growth Rates for Personal Care Products, says Fortune Business Insights™

Key companies Profiled are Axalta Coating Systems, The Sherwin-Williams Company, PPG Industries, Inc., BALL CORPORATION, Kupsa Coatings, Kansai Nerolac Paints Ltd., TOYOCHEM CO., LTD., IPC GmbH & Co. KG, CSC BRANDS, L.P., among others

PUNE, India, March 26, 2020 /PRNewswire/ -- The global can coatings market size is projected to reach USD 2.65 billion by 2026, 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.

What is the Scope of the Report?

The report offers a 360-degree overview of the market and its growth parameters, such as factors promoting, demoting, challenging, and creating opportunities for the market. It also offers details about market segmentation based on factors such as type, application, and geography, and the overall competitive landscape of the can coatings market. The report discusses the names and strategies adopted by players operating in the market to gain a competitive edge in the market. The report also throws light on current can coatings market trends are available for sale on the company website.

Request a Sample Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/can-coatings-market-102537

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

Market Drivers

Rise in Demand from Personal Care Products to Add Impetus to Market

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.                

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.

Regional Segmentation:

North America to Dominate Market with Increasing Demand for Metal Cans

From a geographical viewpoint, North America is holding the dominant can coatings market share with a revenue generation of $675.5 million in 2018. This growth is attributable to the increasing demand for metal can for packaging from industries such as personal care, pharmaceutical, food & beverage, chemical, and others. On the other side, Asia Pacific market is likely to witness the fastest growth in the forecast period on account of the growing population in nations such as China, India, Japan, and others and their increasing demand for food and beverage, and other canned products.

Furthermore, the market in Europe is expected to witness steady growth on account of the rise in demand for health care, personal care such as deodorants, spray medication, shaving foams, and others. Additionally, the increasing inclination towards healthy eating will also aid in the expansion of the market in the long run.

Quick Buy – Can Coatings Market - https://www.fortunebusinessinsights.com/checkout-page/102537

Detailed Table of Content:

• Introduction
• Research Scope
• Market Segmentation
• Research Methodology
• Definitions and Assumptions
• Executive Summary
• Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Key Insights
• Key Emerging Trends in Global Market
• Latest Technological Advancements
• Insights on Regulatory Scenario
• Porters Five Forces Analysis
• Key developments: Acquisition, Collaboration, New Product Launch and Joint Venture
• Can Coatings Market Analysis, Insights and Forecast – By Material
• Key Findings
• Market Analysis, Insights and Forecast – By Material
• Epoxy
• Acrylic
• Others
• Can Coatings Market Analysis, Insights and Forecast – By Application
• Key Findings
• Market Analysis, Insights and Forecast – By Application
• Food Can
• Beverage Can
• Aerosol Can
• Others
• Can Coatings Market Analysis, Insights and Forecast – By Region
• Key Findings
• Market Analysis, Insights and Forecast – By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

TOC Continued…!

Get your Customized Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/can-coatings-market-102537 

Major Industry Developments of Can Coatings Market Include:

March 2016 –  Campbell Soup Company declared the advent of polyester and acrylic materials into their can lining and withdrawal of manufacturing cans with Bisphenol A (BPA) lining content.

October 2015 –  New generation coatings was launched by PPG Industries with the product names NUTRISHIELD and Nutrishield SOLISTA for internal protection spray coatings used in wall-ironed food cans. This product will be utilized in products such as infant foods, pack ready meals, soups, and other food products in the food-can business.

Have a Look at Related Market Insights:

Optical Coatings Market Size, Share & Industry Analysis, By Type (Anti-reflection coatings, High reflection coatings, Filter coatings, Transparent conductive coatings, Electrochromic coatings, Partial reflection coatings), By Technology (Vacuum deposition, E-beam evaporation, Sputtering process, Ion-assisted deposition, Others) By End-Use Industry (Electronics, Telecommunication, Automotive) Others and Regional Forecast, 2019-2026

Floor Coatings Market Size, Share & Industry Analysis, By Type (Epoxy, Polyurethane, Polyester, Vinyl ester, Acrylic, Methyl methacrylate (MMA), Other), By End-Use Industry (Residential, Commercial, Industrial, Institutional)Others and Regional Forecast, 2019-2026

Powder Coatings Market Size, Share & Industry Analysis, By Type (Thermoplastics, Thermoset), By Application (Consumer Appliances, Industrial, Automobile, Architectural, Furniture, Others) Others and Regional Forecast, 2019-2026

Ceramic Coatings Market Size, Share & Industry Analysis, By Material Type (Oxide, Carbide, Nitride, Others), By Technology (Thermal Spray, Physical Vapor Deposition, Chemical Vapor Deposition, Others), By Application (Automotive & Transportation, Aerospace, Energy, Healthcare, Industrial Components, Others) Others and Regional Forecast, 2019-2026

Industrial Coatings Market Size, Share & Industry Analysis, By Resin Type (Epoxy, Alkyd, Acrylic, Polyurethane, Polyester), By Technology (Water based, Solvent based, Powder, High Solids, Others) By End-Use Industry (Packaging, Automotive, Industrial wood, Aerospace, Marine, Rail, Others) and Regional Forecast, 2019-2026

Paints and Coatings Additives Market Size, Share & Industry Analysis, By Type (Dispersing Agent, Rheology Agent, Leveling Agent, Anti-foaming Agent, Adhesion Promoting Agent, and Others), By Application (Automotive, Architectural, Wood, Industrial, and Others), and Regional Forecast, 2019-2026

Paints and Coatings Market Size, Share & Industry Analysis, By Resin (Epoxy, Acrylic, Polyester, Alkyd, PU, and Others), By Technology (Waterborne, Solvent Borne, Powder Coating, and Others) By Application (Architectural, Automotive OEM, Marine, Coil, General Industries, Protective Coatings, Automotive Refinish, Industrial Wood, and Others), and Regional Forecast, 2019 – 2026

About Us

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand current competitive challenges.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1-424-253-0390
UK : +44-2071-939123
APAC : +91-744-740-1245
Email: sales@fortunebusinessinsights.com 
Fortune Business Insights™
LinkedIn | Twitter | Blogs

Read Press Release: https://www.fortunebusinessinsights.com/press-release/can-coatings-market-9691

Photo: https://mma.prnewswire.com/media/1138109/Fortune_BI_Can_Coatings_Market.jpg

Logo: https://mma.prnewswire.com/media/881202/Fortune_Business_Insights_Logo.jpg