openPR Logo
Press release

Packaging Coating Market to Reach Worth of US$4,000 Mn, Observes Fact.MR | Major Players Covered Axalta Coating Systems, DuPont, Solvay S.A., Nippon paint, Kansai Paints, Evonik Industries

12-13-2018 10:56 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Fact.MR

Fact.MR

The growing demand for better packaging to fulfil wide range of needs, such as aesthetics, branding, and functional, in various end-use industries has proportionately shaped the contours of the global packaging coating market. The growing consumer shift toward convenience products and ready-to-eat food products has increasingly impacted the developments in packaging coating for the food and beverages industry applications. The growth is catalyzed by the advent of packaging coatings that can meet the needs of good adhesion to different substrates, has better chemical resistance, and resist well thermoactivation, among various functions. Furthermore, the rising demand for external and internal protective packaging that can meet the needs of consumer aesthetics is also propelling the expansion of the packaging coating market. Such aspects include higher shelf appeal and brand differentiation for packaged food and beverages products.

The global packaging coating market is projected to expand at modest CAGR of 5.5% during 2017–2022 and will cross a valuation of US$4,000 Mn by the end of this period.

Request For Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=262

The rapid strides being made by functional packaging has considerably impacted the dynamics of the packaging coating market. Over the past few years, acrylic among various packaging coating types has been garnering popularity as an advanced functional packaging coating. The coating type in the packaging coating market is witnessing substantial demand in several end-use industries in the packaging coating market, owing to its attractive properties. Some of beneficial characteristics of acrylic coating pertain to the ease of application, advanced heat- and water- resistance, and print receptivity. These features are especially vital for consumers in the food and beverages packaging and construction packaging industries.

Recent advances in chemistries related to their cross-linking properties have significantly enhanced the water-resistance performance, thus boosting the packaging coating market. Acrylic type packaging coating is anticipated to garner higher sales volumes than all other types in the global packaging coating market. By the end of 2022, the segment is estimated to reach worth of over US$400 Mn. However, fluoropolymer segment is expected to expand at relatively higher CAGR during the assessment period in the packaging coating market.

Recent advancements witnessed in the food packaging technology are opening new, exciting avenues for formulators of packaging coating. The integration of coil and sheet coating technology with food and beverages packaging has substantially added to the revenue in the packaging coating market. The coating technology is expected to gain popularity in the coming years. The estimated valuation of the segment in 2017 is US$700 Mn by 2017 end. However, the technology the demand for which is expected to rise at the most rapid CAGR is the spray coating and roll coating segment.

Browse Full Report on Packaging Coating Market with TOC- https://www.factmr.com/report/262/packaging-coating-market

The extensive use of flexible plastics in various end-use industries is a crucial factor offering a robust impetus to the expansion of the packaging coating market. The flexible plastic segment estimated valuation crossed US$200 Mn by 2017 end. However, among the key packaging types in the global packaging coating market, the demand for liquid carton segment is projected to expand at the most attractive CAGR during 2017–2022.

Numerous prominent players in the packaging coating market are substantially spending on research and development programs to develop advanced formulations. Several players are pursuing elaborate testing of their products to enhance the performance of their products in the packaging coating market.

Some of the leading players operating in the packaging coating market are Axalta Coating Systems, DuPont, Solvay S.A., Nippon paint, Kansai Paints, Evonik Industries, BASF SE, Sherwin Williams, AkzoNobel, and PPG Industries.

Ask Our Industry Expert about Packaging Coating Market Trends and Analysis- https://www.factmr.com/connectus/sample?flag=S&rep_id=262

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Packaging Coating Market to Reach Worth of US$4,000 Mn, Observes Fact.MR | Major Players Covered Axalta Coating Systems, DuPont, Solvay S.A., Nippon paint, Kansai Paints, Evonik Industries here

News-ID: 1411950 • Views:

More Releases from Fact.MR

Intelligent Transport System Market is Evaluatedto Reach USD 63.77 Billion by 2034 | Fact.MR
Intelligent Transport System Market is Evaluatedto Reach USD 63.77 Billion by 20 …
Fact.MR today released its latest report on the Intelligent Transport System (ITS) Market, projecting robust growth driven by increasing urbanization, rising demand for efficient traffic management, and advancements in smart mobility technologies. Valued at USD 30.66 billion in 2024, the global market is forecasted to expand at a compound annual growth rate (CAGR) of 7.6%, reaching USD 63.77 billion by 2034. This significant growth underscores the critical role of ITS
Digital Door Lock System Market is Growing at a CAGR of 16% by 2034 | Key Players: Honeywell International Inc., Godrej & Boyce Manufacturing Company Ltd., and Samsung Electronics Co Ltd
Digital Door Lock System Market is Growing at a CAGR of 16% by 2034 | Key Player …
Digital Door Lock System Market is valued at USD 11 billion in 2024 and is projected to expand at a compound annual growth rate (CAGR) of 16%, reaching USD 48.7 billion by 2034. This remarkable growth is driven by the increasing popularity of smart homes, which integrate advanced security features for enhanced convenience and protection. Digital door lock systems, utilizing technologies like biometrics and wireless connectivity, offer keyless entry, remote
Electronic Access Control Systems Market is Estmated to Reach USD 32.5 Billion by 2033 | Key Players: Cisco Systems, Siemens AG, Honeywell International Inc., Robert Bosch GmbH, Schneider Electric SE
Electronic Access Control Systems Market is Estmated to Reach USD 32.5 Billion b …
The global electronic access control systems market is valued at USD 14.64 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 8.3%, reaching USD 32.5 billion by 2033. This growth is driven by the increasing need for advanced security solutions amid rising threats of terrorism, break-ins, and data breaches. Electronic access control systems, encompassing biometrics, card-based, keypad, intruder alarm, and perimeter security technologies,
Neurology Devices Market is Estimated to Reach USD 22,335.5 Million by 2035 | Fact.MR Report
09-01-2025 | Health & Medicine
Fact.MR
Neurology Devices Market is Estimated to Reach USD 22,335.5 Million by 2035 | Fa …
Neurology Devices Market was valued at USD 10,944.3 million in 2024 and is forecasted to expand at a CAGR of 6.7%, reaching USD 22,335.5 million by 2035. This growth reflects the increasing demand for advanced diagnostic and therapeutic tools to address neurological disorders, including Alzheimer's disease, Parkinson's disease, major depression, epilepsy, spinal cord injury, and traumatic brain injury. Neurology devices play a crucial role in diagnosing, preventing, and treating these

All 5 Releases


More Releases for CAGR

[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends. Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064 According to the report published by Allied Market Research,
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032. This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031. Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,