Press release
The Global Packaging Coating Market Is Valued At Us$ 3.1 Bn Over The Next 10 Years
According to Fact.MR the global Packaging Coating Market is currently valued at US$ 97 billion and is expected to grow at a CAGR of 6% between 2021 and 2031. According to MR's research analysis on gardening equipment, top suppliers include The Ames Companies Inc., Estwing Manufacturing Company Inc., Alamo Group Inc., Briggs and Stratton Corp., The Toro Co., Kubota Corp., and Robert Bosch GMBH, accounting for nearly 50% of global revenue in 2020.Read Report Overview: https://www.factmr.com/report/262/packaging-coating-market
Key Takeaways from Market Study
North America accounted for a major chunk of the market at over 27% market share.
The U.S. is projected to create an incremental opportunity of over US$ 450 million during 2021-2031.
Europe's market for packaging coatings is likely to be the second-largest market during the forecast period.
Fluoropolymer coatings are likely to be one of the highly preferred packaging coating types. Towards the end of 2031, fluropolymer coatings are estimated to reach close to US$ 690 million in revenue.
Polyester coatings are also expected to experience robust demand growth during 2021-2031.
"Food packaging to provide strong demand growth for packaging coatings," says a Fact.MR analyst.
Download Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=262
Competitive Landscape as per Packaging Coating Industry Research
According to Fact.MR's market research analysis, DuPont, Solvay S.A., Nippon paint, Kansai Paints, Evonik Industries, BASF SE, Sherwin Williams, AkzoNobel, and PPG Industries are identified as key packaging coating manufacturers. Majority of the companies discussed in the report have focused on expansion, investments, acquisitions, delivery, portfolio expansion, and brand development.
DIC Corporation in 2019 acquired BASF's global pigment business segment which used to be known as BASF Colors & Effects. The acquisition widened the product portfolio of DIC Corporation. As a global manufacturer of pigments including those of coatings and inks, the company offers range of versatile solution to the consumers.
Ardagh Group, a leading metal can manufacturer on April, 2019 announced the expansion of their production facility in Brazil by looking into the growing demand for aluminum packaging.
In 2019, a North American company named Crown Beverage Packaging developed a new graphic studio for beverage cans. The Aim of the development was to attract customer through visual graphics designs.
In September 2017, Akzonobel acquired a French manufacturer named Disa Technology, the acquisition between both the companies made a great global footprint by supplying innovative performance coatings.
Similarly, recent developments related to companies manufacturing packaging coatings have been tracked by the team at Fact.MR, which are available in the full report.
Ask an Analyst: https://www.factmr.com/connectus/sample?flag=AE&rep_id=262
Market Segments Covered in Packaging Coatings Industry Analysis
By Coating Type
Acrylic Packaging Coatings
Epoxy Thermoset Packaging Coatings
Fluoropolymer Packaging Coatings
Plastisol Packaging Coatings
Polyester Packaging Coatings
Polyurethane Packaging Coatings
Others
By Packaging Type
Metal Can Packaging Coatings
PET Bottles Packaging Coatings
Glass Packaging Coatings
Flexible Plastic Packaging Coatings
Rigid Plastic Packaging Coatings
Liquid Carton Packaging Coatings
Others
By End-Use
Food & Beverage Packaging Coatings
Consumer Product Packaging Coatings
Chemical Packaging Coatings
Paint and Coating Packaging Coatings
Industrial Product Packaging Coatings
Semiconductor and Electronics Packaging Coatings
Others
By Technology
Coil & Sheet Packaging Coatings
Roll Packaging Coatings
Spray Packaging Coatings
Functional Packaging Coatings
Get Free Access of Complete Report : https://www.factmr.com/checkout/262
What insights does the Packaging Coating Market report provide to the readers?
Packaging Coating Market fragmentation on the basis of product type, end use, and region.
Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
Collaborations, R&D projects, acquisitions, and product launches of each Packaging Coating Market
Various regulations imposed by the governments on the consumption of Packaging Coating Market in detail.
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