Can Coatings Market Scenario and Global Industry Research 2025

Global Can Coatings Market is expected to reach USD 2.52 billion by 2025, from USD 1.91 billion in 2017, growing at a CAGR of 3.5% during the forecast period of 2018 to 2025. The report includes market shares of can coating market for global, Europe, North America, Asia Pacific and South America.

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The market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. Some of the major players operating in the global can coatings market are market

• PPG Industries
• The Valspar Corporation
• Akzo Nobel N.V.
• ALTANA
• KANSAI PAINT CO., LTD
• TOYOCHEMCO.LTD
• National Paints Factories Co. Ltd
• International Packaging Coatings GmbH
• TIGER Coatings GmbH & Co. KG
• VPL Coatings GmbH & Co KG, among others.

The global can coatings market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

This market report defines the market trends and forecast the upcoming opportunities and threats of the global can coatings market in the next 8 years.

• Its key applications consist of food cans, beverage cans, general line cans, and aerosol cans.
• Out of these, food cans is one of the important applications for the growth of can coating market as food cans considerably helps in preserving the quality of food products and prevent the food from spoilage.

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The global can coatings market is segmented based on type, application and geographical segments.

• Based on type, the global can coatings market is segmented into

• Epoxy
• Acrylic
• Polyester
• Oleoresins
• Vinyl
• Alkyd
• Polyolefin and others
• On the basis of application, the global can coatings market is segmented into

• Food cans
• Beverage cans
• General line cans
• Aerosol cans and others
•  Based on geography, the global can coatings market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa.
• Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

Major Market Drivers and Restraints:

• Increasing consumption of metal cans in food & beverage application
• High demand for can coatings in emerging countries of APAC
• Increasing use of epoxy coating
• New product developments in can coatings
• fluctuation in raw material prices
• Stringent regulations on BPA (bisphenol)

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