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Comprehensive Analysis on Tinplate Packaging Market by Top Players Kian Joo Can Factory Berhad, United States Steel, Crown, Baosteel Group, Berlin Metals, Henkel AG & Co. KGaA, TON YI INDUSTRIAL CORP., Hegang Co., Ltd. and ChinaSteel.,Toyo Kohan Co. Ltd.

06-14-2019 06:06 PM CET | Industry, Real Estate & Construction

Press release from: Data Bridge Market Research

/ PR Agency: Data Bridge Market Research
Global Tinplate Packaging Market

Global Tinplate Packaging Market

Market Analysis: Global Tinplate Packaging Market

Global Tinplate Packaging Market is expected to rise to an estimated value of USD 9.79 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the rise in demand for sustainable methods of packaging.

The Global Tinplate Packaging Market report is thoroughly designed with diagrams, graphs, bars, charts, and realistic figures to specify the status of the specific industry on the global and regional level. This Global Tinplate Packaging Market report can be customized as per the clients’ requirements. The Global Tinplate Packaging Market report presents highly detailed data including recent trends, Market demands, supply and distribution chain management strategies which will help to identify the work-flow of Materials & Packaging Industry. It provides critical and detailed data for investment plans with research and development budgets, row material budgets, labour cost, and other funds.

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Tinplate Packaging Industry is Food cans and the lids of glass screw-cap containers are made of tinplate. This material can be completely recycled, a measure that over half of the energy used in its production. Recycling is mainly financed by a prepaid disposal fee.

Tinplate is steel with a thin coating of tin for rust protection. A layer of white enamel is added to some food cans produced from this materials to protect the contents. Crown caps for bottles and the lids of glass screw-cap containers are also usually made of tinplate. tinplate are collected separately each year. This corresponds to 1.5 kg per capita per year.

Key Market Competitors: Global Tinplate Packaging Market

• Tata Tinplate
• AJ Packaging Limited
• BALL CORPORATION
• thyssenkrupp AG
• Zenith Tins Pvt. Ltd.
• Ardagh Group S.A.
• Guangnan (Holdings) Limited
• JFE Steel Corporation
• Colep UK Ltd
• ArcelorMittal
• Toyo Kohan Co., Ltd.
• NIPPON STEEL CORPORATION
• POSCO
• Kian Joo Can Factory Berhad
• United States Steel
• Crown; Baosteel Group
• Berlin Metals
• Henkel AG & Co. KGaA
• TON YI INDUSTRIAL CORP.
• Hegang Co., Ltd.
• ChinaSteel.

Market Drivers: Global Tinplate Packaging Market

Benefits such as eco-friendly nature, due to their complete recycling capabilities and lack of quality loss with recycling are factors driving the growth of the market
Increased usage of this packaging method from food & beverages industry due to a rise in consumption of packaged food products is expected to positively affect the growth of the market

Market Restraints: Global Tinplate Packaging Market

• Growth in concerns regarding the manufacturing of steel towards the environment are factors expected to restrain the growth of the market
• Availability of cheaper and lightweight substitutes such as flexible packaging methods is expected to restrain the market growth

Segmentation: Global Tinplate Packaging Market

Global Tinplate Packaging Market By Packaging Product (Beverage Cans, Food Cans, 18-Liter Cans, Artistic Cans), Product (Prime Grade Tinplate, Secondary Grade Tinplate, Others), Application (Food & Beverages, Electrical & Electronics, Engineering, Construction, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

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Key Developments in the Market:

• In June 2018, BALL CORPORATION and Platinum Equity Advisors, LLC announced that they had agreed to a partnership and the formation of “Ball Metalpack”, which will be focused on the manufacturing of steel containers for aerosol packaging, food, household consumables, pet food, nutritionals and other applications throughout the U.S. The company share will be segregated as 51% share of Platinum Equity and 49% of BALL CORPORATION. BALL CORPORATION will sell its US steel food and aerosol packaging business divisions to “Ball Metalpack” for USD 600 million.

• In April 2018, thyssenkrupp AG announced the launch of an updated version “2.0” to their Packaging Steel App providing enhanced functioning and information to their users. The updated version provides all the relevant products that the company deal from the steel packaging segment, and also provides proper certification of tinplate.

Competitive Analysis: Global Tinplate Packaging Market

Global tinplate packaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of tinplate packaging market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Major Topics Covered in this Report: Global Tinplate Packaging Market

Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Market Size by Manufacturers

Chapter 4 Production by Regions
Chapter 5 Consumption by Regions
Chapter 6 Market Size by Type

Chapter 7 Market Size by Application
Chapter 8 Manufacturers Profiles
Chapter 9 Production Forecasts

Chapter 10 Consumption Forecast
Chapter 11 Upstream, Industry Chain and Downstream Customers Analysis
Chapter 12 Opportunities & Challenges, Threat and Affecting Factors

Chapter 13 Key Findings
Chapter 14 Appendix

Access Detailed TOC at@ https://databridgemarketresearch.com/toc/?dbmr=global-tinplate-packaging-market

Focus of the report:

1. The study provides an in-depth analysis of the Global Tinplate Packaging Market and current & future trends to elucidate imminent investment pockets.
2. Changing market dynamics of the industry
3. Strategies of key players and product offerings
4. In-depth market segmentation
5. Recent industry trends and developments
6. Analyze and forecast Global Tinplate Packaging Market on the basis of type, function and application.

Contact:

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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