Can Coatings for Food & Beverages Market 2027 Future Trends and Analysis by Top Key Players – Akzo Nobel N.V., ALTANA AG, International Packaging Coatings GmbH, Kansai Paint Co., Ltd.
Cans which are used in the food, and beverage industry are made up of three types of metals namely tin-coated steel, aluminum can and electrolytic chromium coated steel. The primary purpose of using these metals is for the preservation of canned foods and beverages. Cans preserve the taste and nutritional values of food and beverage filling for up to several years with the help of coating. Can coating protects the integrity of the can from the effects of the food and prevents chemical reactions between the can's metal and the food.
Increasing consumption of metal cans in various food & beverage application driving the demand for can coatings market. Furthermore, new product developments in can coatings for food safety is also projected to influence significantly the can coatings market. Moreover, increasing use in food cans and beverage cans to protect food and beverages from contamination with can's metal is fueling the can coatings market. The growing demand for acrylic coatings in the food industry is anticipated to generate untapped opportunity for the market participants.
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The global can coatings market is segmented on the basis of type and application. Based on type, the market is segmented into epoxy can coatings, acrylic can coatings, polyester can coatings and others. On the basis of the application the market is segmented into food cans, beverage cans, general line cans, aerosol cans, and other.
Top Leading Market Players:
1. Akzo Nobel N.V.
2. ALTANA AG
3. International Packaging Coatings GmbH
4. Kansai Paint Co., Ltd.
5. National Paints Factories Co. Ltd.
6. PPG Industries, Inc.
7. The Valspar Corporation
8. TIGER Drylac U.S.A., Inc.
9. TOYOCHEM CO., LTD.
10. VPL Coatings GmbH & Co KG
As leading companies in Can Coatings Market continues to broaden their addressable market, by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all the prominent players faces an increasing level of competition, both from start-ups as well the leading global technology and industrial companies in the world. Various companies in the value chain are acquiring other local players and operating through joint ventures with retailers in the market to maintain their position in market and provide efficient solutions to its customers.
The Can Coatings Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global can coatings market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The can coatings market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting can coatings market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the can coatings market in these regions.
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Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market
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