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Global Metal Packaging Coatings Market to Settle at 3.3% Growth Rate by 2022-28

Posted on March 8, 2022 By Ctn_C

Packaging coatings are a special coating used on interior and exterior surfaces of cans for long-term preservation of content in food and beverage cans. It is an area that requires high technology as the functionality for long-term storing of content of cans is very important for customer health.

Global Metal Packaging Coatings key players include Valspar, PPG, AkzoNobel, etc. Global top three manufacturers hold a share over 65%.

Asia Pacific is the largest market, with a share about 40%, followed by Europe, and North America, both have a share about 55 percent.

In terms of product, 2 Piece Cans Coating is the largest segment, with a share about 45%. And in terms of application, the largest application is Metal Beer and Beverage Cans, followed by Food Cans, Caps and Closures, Monobloc and Tubes, etc.

 

Packaging coatings are a special coating used on interior and exterior surfaces of cans for long-term preservation of content in food and beverage cans. It is an area that requires high technology as the functionality for long-term storing of content of cans is very important for customer health.

Global Metal Packaging Coatings key players include Valspar, PPG, AkzoNobel, etc. Global top three manufacturers hold a share over 65%.

Asia Pacific is the largest market, with a share about 40%, followed by Europe, and North America, both have a share about 55 percent.

In terms of product, 2 Piece Cans Coating is the largest segment, with a share about 45%. And in terms of application, the largest application is Metal Beer and Beverage Cans, followed by Food Cans, Caps and Closures, Monobloc and Tubes, etc.

The global Metal Packaging Coatings market was valued at US$ 2906 million in 2020 and it is expected to reach US$ 4053.5 million by the end of 2027, growing at a CAGR of 3.3% during 2021-2027.

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Request for a free sample or purchase this report at: https://www.themarketreports.com/report/global-metal-packaging-coatings-market-outlook

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • 3 Piece Cans Coating
  • 2 Piece Cans Coating
  • Other

Segment by Application

  • Metal Beer and Beverage Cans
  • Food Cans
  • Caps and Closures
  • Monobloc and Tubes
  • Others

By Company

  • Valspar
  • PPG
  • Akzonobel
  • Henkel
  • Actega
  • Salchi Metalcoat
  • Jiangsu Yangrui New Materials
  • JEVISCO
  • Suzhou 3N Packaging Coatings
  • Jiangyin Hengyuan Coating

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

Contact Details:

Mr. Shirish Gupta

Sales Manager

The Market Reports | Industry and Market Reports at its Best

Call: +1-631-407-1315 / +91-750-729-1479

Email: sales@themarketreports.com

News Tags:Global Metal Packaging Coatings Industry Forecast 2028, Global Metal Packaging Coatings Market 2022, Metal Packaging Coatings Market; Global Metal Packaging Coatings Industry

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