Global Can Coatings Market Analysis, 2024-2030
Description
The can coatings are layers applied to objects and other surfaces to prevent direct exposure to prevent rusting, corrosion or to add luster to the surface. The can coating substances are classified further into epoxy, acrylic, and polyester based on type and purpose of the can coating.
The can coatings industry has major applications in the real world across various sectors. The food can industry requires this substance as an effective and essential coating. While other beverage cans, general line cans, aerosol cans also utilize the product to the fullest. They are used in various industries as they are corrosion resistant and protect cans from staining. The can coatings are also used as decorative to add an aesthetic value to it. Additionally, It is used in coating drums, pails, and buckets on a large scale.
The report on the global can coatings market reveals the existing market conditions through conducting 311 hours of both primary and secondary market research. The can coatings market is now extensively spreading its influence across the global market. The value of the global can coatings market in 2018 is estimated at US $ xxx million dollars which is expected to reach an outstanding market valuation of US $ xxx million dollars by the last quarter of 2023. This market is anticipated to grow annually at the rate of xx%.
The major factors that contribute to the growth of the market include its vast utility in the real world. The can coatings are highly efficient and in demand, as they protect them from corrosion, rusting and other redox reactions. They also protect cans from sulfide staining which makes its useful in sectors like packaging, food and beverage industries.
Even though, the can coatings market is growing in demand. There are certain factors that impede the growth of the market. The can coatings may change the color, smell, and taste of foods, hence leading to their spoilage. They are also less flexible, so they do not stick much to the metal surface which is a major drawback. So, these are some of the factors that could hamper the growth of the can coatings market.
A large can coatings market is present in regions such as North America, Europe, the Asia Pacific, the Middle East and Africa, and other parts of the world. The can coatings market is expected to grow rapidly in North America due to the increasing demand for the substance, followed by other countries.
The major market players in the can coatings market include PPG, VALSPAR, International Packaging Coatings, TIGER Coatings, and National Paints Factories. Other crucial manufacturers and supplies include Akzo Nobel, ALTANA, Toyochem, KANSAI PAINT, and VPL Coatings.
Our Approach
The research process includes the market segmentation of the global Can coatings market, recognizing the factors influencing the growth affecting every market segment and then conducting market forecast. Market forecasts are conducted by considering the insights given by the industry experts in the global can coatings market chain. Market Krystal hence dedicated around 32 interviews for this study and all the particulars pertaining to it are mentioned below:
By company type:
Manufacturers (45%), Suppliers (15%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
By geography:
North America (30%), Asia (40%), Europe (30%)
By designation:
Top level (45%), Operation level (35%), Mid-level (20%)
Contents of the report:
The can coatings industry has major applications in the real world across various sectors. The food can industry requires this substance as an effective and essential coating. While other beverage cans, general line cans, aerosol cans also utilize the product to the fullest. They are used in various industries as they are corrosion resistant and protect cans from staining. The can coatings are also used as decorative to add an aesthetic value to it. Additionally, It is used in coating drums, pails, and buckets on a large scale.
The report on the global can coatings market reveals the existing market conditions through conducting 311 hours of both primary and secondary market research. The can coatings market is now extensively spreading its influence across the global market. The value of the global can coatings market in 2018 is estimated at US $ xxx million dollars which is expected to reach an outstanding market valuation of US $ xxx million dollars by the last quarter of 2023. This market is anticipated to grow annually at the rate of xx%.
The major factors that contribute to the growth of the market include its vast utility in the real world. The can coatings are highly efficient and in demand, as they protect them from corrosion, rusting and other redox reactions. They also protect cans from sulfide staining which makes its useful in sectors like packaging, food and beverage industries.
Even though, the can coatings market is growing in demand. There are certain factors that impede the growth of the market. The can coatings may change the color, smell, and taste of foods, hence leading to their spoilage. They are also less flexible, so they do not stick much to the metal surface which is a major drawback. So, these are some of the factors that could hamper the growth of the can coatings market.
A large can coatings market is present in regions such as North America, Europe, the Asia Pacific, the Middle East and Africa, and other parts of the world. The can coatings market is expected to grow rapidly in North America due to the increasing demand for the substance, followed by other countries.
The major market players in the can coatings market include PPG, VALSPAR, International Packaging Coatings, TIGER Coatings, and National Paints Factories. Other crucial manufacturers and supplies include Akzo Nobel, ALTANA, Toyochem, KANSAI PAINT, and VPL Coatings.
Our Approach
The research process includes the market segmentation of the global Can coatings market, recognizing the factors influencing the growth affecting every market segment and then conducting market forecast. Market forecasts are conducted by considering the insights given by the industry experts in the global can coatings market chain. Market Krystal hence dedicated around 32 interviews for this study and all the particulars pertaining to it are mentioned below:
By company type:
Manufacturers (45%), Suppliers (15%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
By geography:
North America (30%), Asia (40%), Europe (30%)
By designation:
Top level (45%), Operation level (35%), Mid-level (20%)
Contents of the report:
- Insights on the global can coatings industry dynamics
- Estimation of the current global can coatings market size in terms of value and volume.
- Global can coatings market breakup based on type (acrylic, epoxy, polyester, oleoresin, alkyd, vinyl, polyolefin), application (food cans, general line cans, beverage cans, aerosol cans), and geography (North America, Europe, Asia-Pacific, Middle East, Africa & Latin America)
- Validated global can coatings market forecast for the next five years
- Comprehensive analysis of the key companies working across different nodes of global can coatings industry value chain
Table of Contents
- 1. Introduction
- Purpose of the report
- Research methodology
- Executive summary
- 2. Product Overview
- Product analysis
- Portfolio analysis of top companies
- Value chain analysis
- Market dynamics
- 3. Global Market Analysis
- Global can coatings market size (2024–2030)
- By value
- By volume
- Global can coatings market share (2024–2030)
- By type
- By application
- By company
- By geography
- 4. North America Market Analysis
- North America can coatings market size (2024–2030)
- By value
- By volume
- North America can coatings market share (2024–2030)
- By type
- By application
- By company
- By geography
- 5. Europe Market Analysis
- Europe can coatings market size (2024–2030)
- By value
- By volume
- Europe can coatings market share (2024–2030)
- By type
- By application
- By company
- By geography
- 6. Asia-Pacific Market Analysis
- Asia-Pacific can coatings market size (2024–2030)
- By value
- By volume
- Asia-Pacific can coatings market share (2024–2030)
- By type
- By application
- By company
- By geography
- 7. Middle East Market Analysis
- Middle East can coatings market size (2024–2030)
- By value
- By volume
- Middle East can coatings market share (2024–2030)
- By type
- By application
- By company
- By geography
- 8. Africa Market Analysis
- Africa can coatings market size (2024–2030)
- By value
- By volume
- Africa can coatings market share (2024–2030)
- By type
- By application
- By company
- By geography
- 9. Latin America Market Analysis
- Latin America can coatings market size (2024–2030)
- By value
- By volume
- Latin America can coatings market share (2024–2030)
- By type
- By application
- By company
- By geography
- 10. Competitive Intelligence
- International Packaging Coatings
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 2
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 3
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 4
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 5
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 6
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 7
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 8
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 9
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- 11. Appendix
- Primary research breakup
- List of interview participants
- Discussion guide
- Interview transcript
- About Market Krystal team
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