Press release
Can Coatings Sales Market to Reach USD X.XX Billion by 2030, Surge Driven by High Demand for Food and Beverage Cans
The Can Coatings market is set for robust growth, projected to rise from USD 1.02 Billion in 2017 to an as-yet-undetermined figure by 2030, as per a report by Dataintelo. The market growth trend, registering a Compound Annual Growth Rate (CAGR) of 5.1% from 2017 to 2030, is supported by the rising demand for food and beverage cans, paired with technological breakthroughs in the can coatings industry.The report reveals that the epoxy segment is anticipated to spearhead the global can coatings market during the projected period. Epoxy-based coating systems are prevalently utilized for food and beverage cans, owing to their superior barrier properties against gases, moisture vapor, aromas, and flavors; not to mention their resilience against solvents and acids.
These insights provide a comprehensive view of the trends and factors influencing the can coatings market, with the data collected over years of research. This report offers an invaluable reference for stakeholders, investors and potential entrants in the Can Coatings market to align their strategies and investments with the market's ever-evolving landscape.
Dataintelo's report demonstrates a keen understanding of the pivotal drivers, opportunities, restraints and challenges in the Can Coatings Market. The detailed analysis is key to unveiling hidden growth opportunities available in the sector, simplifying decision making for industry participants and contributing to their strategic planning process
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/299442
๐๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
The can coatings sales market has been segmented on the basis of๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
โ Epoxy
โ Acrylic
โ Polyester
โ Others
๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
โ Online
โ Offline
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
โ Food Can
โ Beverage Can
โ General Line Can
โ Aerosol Can
โ Others
๐๐ง๐ ๐๐ฌ๐๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
โ Food & Beverage
โ Healthcare
โ Personal Care
โ Industrial
๐๐๐ ๐ข๐จ๐ง
โ Asia Pacific
โ North America
โ Latin America
โ Europe
โ Middle East & Africa
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
โ PPG (US)
โ Valspar (US)
โ Akzo Nobel (Netherlands)
โ ALTANA (Germany)
โ KANSAI PAINT (Japan)
โ Toyochem (Japan)
โ National Paints Factories (Jordan)
โ International Packaging Coatings (Germany)
โ TIGER Coatings (Germany)
โ VPL Coatings (Germany)
In the can coatings sales market, the segment analysis can be divided on the basis of product type, distribution channel, application, and end-user industry. The can coatings product types include epoxy, acrylic, polyester, among others. The market's distribution channels can be offline and online, demonstrating the varied accessibility of these products. The application segment defines the utility of the coatings and is differentiated into food cans, beverage cans, general line cans, aerosol cans along with others. Finally, based on the end-user industry, the use of can coatings spans across several vital sectors including food and beverages, healthcare, personal care and industrial.
On a regional viewpoint, the can coatings sales market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The Asian market, with its booming consumer goods industry, has a high potential for growth given the rising demand for canned goods. North America, home to several key players, has been a significant contributor owing to its strong economy and presence of major can manufacturers. The European market offers promising potential with an increasing focus on sustainable solutions and advanced coating technologies. Markets in Latin America and the Middle East & Africa also contribute to the global scenario reflecting a diverse application of can coating across the food, beverage and industrial sectors. Key players operating in this global market space include PPG, Valspar, Akzo Nobel, ALTANA, KANSAI PAINT, Toyochem, National Paints Factories, International Packaging Coatings, TIGER Coatings and VPL Coatings, showcasing a global and diverse supplier landscape
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/299442
Market Drivers for Can Coatings Sales Market:
1. Increasing demand for metal packaging: With the rising need for metal packaging in various sectors like food and beverage, pharmaceuticals, and industrial goods, the demand for can coatings is also seeing a positive uptick.
2. Enhanced product safety: Can coatings are often used to improve product safety by protecting canned goods from bacterial and microbial contamination. This is a significant driver in industries where product safety is a crucial concern.
3. Stricter regulatory requirements: As governments globally demand more rigorously regulated and environment-friendly coatings, the need for safe, eco-conscious can coating solutions is driving the market.
4. Improved shelf life: Can coatings help extend the shelf life of products, making them a staple in the food & beverage and pharmaceutical industries, serving as a significant market driver.
5. Growing consumer awareness: There is increasing consumer awareness about the need for safe packaging materials that do not leach harmful chemicals into food products, driving growth in the can coatings market.
Opportunities for Can Coatings Sales Market:
1. Technological advancements: With continual advancements in technology, there lie opportunities in creating innovative, safe, and eco-friendly can coatings.
2. Emerging economies: Emerging markets, such as those in Asia Pacific and Latin America, are likely to offer substantial opportunities for the growth of the can coatings market due to an upsurge in the demand for can-packed products.
3. Use in diverse industries: There's a significant opportunity for usage of can coatings in various sectors like pharmaceuticals, chemicals, food & beverage and others, that require advanced packaging solutions.
4. Recycling trend: Increased focus on recycling cans for environmental reasons is likely to drive demand for more durable, longer-lasting coatings that can survive multiple rounds of recycling.
5. Novel product development: There may be opportunities for new product development, such as coatings that improve product flavour or promote longer shelf-life
๐๐จ๐ฎ ๐๐๐ง ๐๐ข๐ซ๐๐๐ญ๐ฅ๐ฒ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/299442
1. Who Should Buy This Report?
- Business Owners: They need such reports to help them understand the market trends and customer behavior, helping them to plan strategies that lead to business success.
- Marketing Professionals: These reports provide critical insights that can help in planning effective marketing strategies.
- Investors: They need this report to understand the market's future directions to make informed investment decisions.
- Market Analysts: For them, these reports are essential to keep up with the market trends and dynamics.
- Product Managers: This report can help them understand the consumer's demands, helping them improve or develop products that meet customers' needs.
- Sales Managers: It can help them understand the sales trend and plan their sales strategy accordingly.
Good Things about Dataintelo:
1. Comprehensive Reports: Dataintelo provides well-researched and comprehensive reports, which cover a wide range of business and market aspects.
2. Expert Analysis: Reports are prepared by a team of expert analysts who use their skills and experience to deliver highly accurate analysis and predictions.
3. Global Coverage: It provides global coverage of a range of industries, from technology to consumer goods, and more.
4. Regular Updates: It offers regular report updates to ensure the data reflects the most current trends and insights.
5. Customizable Reports: Dataintelo offers customization options to provide reports tailored to the specific needs of any business.
6. Excellent Customer Support: Dataintelo has a dedicated customer support team that is ready to assist clients with any queries or issues they may have.
7. Affordable: The reports are competitively priced, making it accessible to businesses of all sizes
Contact Us :
Dataintelo
Name - Alex Mathews
Phone No.: +1 909 414 1393
Email - sales@dataintelo.com
Website - https://dataintelo.com
Address - 500 East E Street, Ontario, CA 91764, United States.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ง ๐๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐ฌ ๐ฉ๐๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐๐๐.
๐๐ฆ๐๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐๐ฅ๐๐ฌ@๐๐๐ญ๐๐ข๐ง๐ญ๐๐ฅ๐จ.๐๐จ๐ฆ
๐๐๐จ๐ฎ๐ญ ๐๐๐ญ๐๐ข๐ง๐ญ๐๐ฅ๐จ:
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