openPR Logo
Press release

Packaging Coating Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022

12-22-2017 07:38 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR



With the growing demand for protection and safety of products, packaging has been subject to significant transformation. In order to ensure safety and protection of the products, manufacturers in various industries are integrating advanced technology in the packaging products. Surge in demand for enhanced packaging techniques has led to increasing demand for packaging coating in several industries including food and beverages, pharmaceutical, and chemical.

Click Here For Sample Report @

According to a recent report published by Fact.MR, the global packaging coating market is expected to represent a value of over US$ 4,000 Mn by the end of 2022.

Significant Demand in Food and Beverages Industry
As preference for preservation of taste, smell, and nutritious value of the food products is increasingly, manufacturers witness significant demand for packaging coatings in the food industry. In order to ensure protection from adhesion and corrosion of the food products, manufacturers are using acrylic coatings in the food and beverages packages.

Construction Industry to Impact the Market Growth
Construction industry continues to witness considerable demand for packaging coating in order to protect aluminium coils and steel materials used during construction. Moreover, electronic appliances and roof coatings witness considerable demand in the construction industry. Several construction materials including roof, and electronic appliances need water-proof and anti-corrosion protection. Attributed to growing need for water-proof and corrosion resistance, demand for packaging coating such as acrylic coating is expected to rev up.

Construction materials are manufactured with thermoplastics including power tools, gear wheels, and cupboard hinges. As thermoplastics are sensitive to the changing temperature, several construction materials need protective packaging. Due to increasing need for protective packaging, manufacturers are increasingly using packaging coatings such as acrylic coatings for providing safety to the product.

Consumption in the Electronic Industry
Besides construction industry, packaging coating also witnesses considerable demand in the consumer products and electronics industry. With increasing application of thermoplastic materials among the manufacturers of the consumer products, demand for temperature sensitive packaging is expected to increase. Manufacturers prefer packaging consumer products including power tools, gear wheels, and cupboard hinges with acrylic coated packages to provide protection.

Moreover, thermoplastic materials also witness high adoption in several industries including semiconductor and electronic packaging, industrial products, and automotive. Surge in demand for automotive, industrial, and electronic products is expected to impact growth of the global packaging coating market positively.

Food and Beverages to Represent a Leading Segment
As demand for protective packaging in the construction and electronic industry increases, manufacturers turn to acrylic packaging coating. Acrylic coating as compared to other coatings is expected to witness the highest revenue growth, representing over US$ 400 Mn by the end of 2022. However, fluoropolymer coating is expected to register the highest CAGR in the global market throughout 2022.

On the basis of packaging type, the flexible plastic segment is expected to witness the highest revenue growth, followed by the metal can segment. The flexible plastic segment is expected to represent a value of over US$ 200 Mn by the end of 2017. However, the liquid carton segment is expected to register the highest CAGR in the global packaging coating market.

Food and beverages segment as compared to other end users is expected to witness the highest revenue growth, representing a value of over US$ 400 Mn by 2022. The industrial product segment is expected to register the highest CAGR growth in the global market through 2022.

Coil & Sheet Coating is expected to witness the highest revenue growth as compared to other coating technology, accounting for a value of US$ 700 Mn by the end of 2017. However, spray coating and roll coating is expected to register the highest CAGR in the global packaging coating market through 2022.

Browse Full Report with TOC @

Competitive Tracking
Leading market players in the global packaging coating market include PPG, AkzoNobel, Sherwin Williams, BASF SE, Evonik, Kansai Paints, Nippon paint, Solvay, Axalta, and DuPont.

Check Discount @

About Fact.MR

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.

Contact Us

11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States

This release was published on openPR.

Permanent link to this press release:

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 Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022 here

News-ID: 872664 • Views: 148

More Releases from Fact.MR

Mini LED Market to Expand 7.5X by 2030, Finds New Study by Fact.MR
In recent years, increasing popularity of OLED TVs in China and India has been significantly influencing growth of the mini LED market. With an increase in disposable income of a majority of the population in these countries, the inclination towards smart screens with higher lifespan and better performance is expected to open up numerous growth opportunities for the mini LED market. Moreover, aspiring and affluent households have increased their spending
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel
07-02-2020 | Health & Medicine
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of

All 5 Releases

More Releases for CAGR

Polyisobutylene Market at a CAGR of 5.60%
Transparency Market Research (TMR) witnesses the global polyisobutylene market has a highly fragmented competitive scenario. Some of the companies operating in the global polyisobutylene market are Lanxess, Nizhekamskneftekhim, and ExxonMobil Corp. accounted for 65% in 2016. The key players in this market have taken up profoundly imaginative marketing systems, for example, incorporated tasks with licensed innovations for the further advancement of their organizations. These organizations are additionally expected to forcefully
Probiotic Ingredients Market at a CAGR 6%
A hectic lifestyle, result of longer and more demanding work days and work life, is leading to consumers shift preferences in terms of plugging the dietary gaps. While it is a logical outcome of this lifestyle that more and more people have no time to prepare elaborate meals, packed with nutrition, it is also true that awareness regarding the same is leading to hustle for capsule health. Read report Overview- What this
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Biogas Market CAGR to Grow at 6.5%
Global demand for biogas has witnessed a spike in demand, owing to mounting concerns over depleting fossil reserves and environmental impact of conventional fuels. According to Future Market Insights, global biogas market revenues totalled nearly US$ 24.5 Bn in 2015. During the forecast period 2016-2026, global biogas revenues are estimated to reach US$ 48, 761.2 million, growing at a steady 6.5% CAGR. Between 2016 and 2026, the global biogas revenues
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020