Global Can Coatings Market
The global Can Coatings Market is forecast to reach USD 2.62 Billion by 2027, according to a new report by Reports and Data. Expanding utilization of metal cans in food and beverage application, high interest for can coatings in rising nations of APAC, increasing utilization of epoxy covering, new product improvements in can coatings, and variance in crude material costs, are the driving components for Can Coatings Market. Tough guidelines on BPA (biphenyl) is the significant restraining factor for Can Coatings Market. The development of can coatings be able to showcase in the regions is, for the most part, credited to the built-up food and refreshments, individual consideration, concoction, and pharmaceutical ventures. This, thus, is relied upon to impel the utilization of metal jars in food and refreshments, synthetic compounds, pharmaceutical, and individual consideration businesses. This is relied upon to drive the can coatings to be able to market in the region.
The report offers the latest impact of the COVID-19 crisis on the industry verticals. COVID-19 began in 2019 and has since then affected every country of the world, with the WHO declaring it as a public health emergency. The pandemic has brought dynamic changes in the industry as it has affected the supply chain, demands, trends, and overall market scenario. The report offers an initial and future impact assessment of the pandemic on key segments of the industry and offers revenue information in the post-pandemic scenario.
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The report is an engaging document that provides vital statistical information about the market in terms of dales, revenue, market share, and market size with regards to product types, application spectrum, regional bifurcation, leading players, and technological advancements.
A comprehensive analysis of the competitive landscape is offered in the report along with a study of the company profiles, product portfolio, manufacturing and production capacity, technological developments, R&D advancements, and strategic initiatives of the prominent players of the industry. Prominent players operating in the industry and profiled in the report include PPG Industries, Sherwin-Williams Company, AkzoNobel N.V, Kansai Paint Company Limited, Axalta Coating System, Eastman Chemical Company, VPL Coatings GmbH & Co KG, National Paint Factories, ALTANA AG, Tiger Coatings Gmbh & Co. Kg, Toyo Ink SC Holdings Co. Ltd.
The Global Can Coatings Market is segmented as follows:
Technology Outlook (Revenue, USD Billion; 2017-2027)
Conventional Solvent-borne, Water-borne, UV-cured, Other
Type Outlook (Revenue, USD Billion; 2017-2027)
Epoxy, Oleoresins, Vinyl, Phenolic, Acrylic, Polyesters, Polyolefin
Application Outlook (Revenue, USD Billion; 2017-2027)
Beverage Cans, Food Cans, Aerosol Cans, General line Cans, Paint & Coating, Other
The report provides an explicit analysis of the market with regards to growth driving factors, restraining factors, regulatory framework, threats and opportunities, financial hurdles to offer a thorough outlook of the market. The report also covers value chain analysis, market share, market size, CAGR, sales and revenue, import/export, the scope of the market, growth prospects, and other key factors. The report offers a regional analysis that covers key geographies such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report applies advanced analytical tools such as SWOT analysis, Porter’s Five Forces analysis, along with feasibility analysis and investment return analysis. It also offers strategic recommendations to new entrants as well as established companies about market barriers. It also offers insights into futuristic business opportunities, market scope, threats, and obstacles, to enable fruitful business decision-making process.
Furthermore, the report renders a complete analysis of the Can Coatings market that allows readers to formulate profitable and lucrative business strategies by offering insights into the competitive landscape, crucial market details, growth prospects, regional rules and regulations, and other key factors.
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