Can Coatings Market overview:
North America has the highest market share as of 2020 accounting to about 47 % followed by Asia-Pacific (APAC) region which has around 28 % market share. APAC region is estimated to have the highest average CAGR during the forecast period of about 4.5 %.
Can Coatings Market segmentation:
On the basis of Type, the market is separated into Epoxy, Acrylic, Polyester, Oleoresins, Vinyl, Alkyd, Polyolefin. The Epoxy segment has the highest market share as of 2018 of about 57 %, and its share is expected to remain increasing in the forecast period. The epoxy-based coating provides stability, protective function, and chemical resistance to the cans. Moreover, these coatings help in increasing the durability of products, ensuring food security, and creating a protective layer between foods or drinks and the metal.
On the basis of Application, the market is separated into Food Cans, Beverage Cans, General-Line Cans, Aerosol Cans. Beverage Cans has the largest segment of Can Coating Market by type in 2020 and is projected to remain so in the forecast period. The large market size of beverage cans is due to growing consumption in emerging countries owing to their increase in disposable income, and a growing middle-class population, which is the prominent consumer of beverages.
Can Coatings Market geographical analysis:
On the basis of region, the Can Coatings Market is segregated into regions of North America, South America, Asia Pacific, Middle East and Africa, and Europe. North America is the largest market for can coatings, both in terms of market share and sales as of 2020. The can coatings market in the region is mainly attributed to the established food & beverages, personal care, chemical, and pharmaceutical industries.
After North America, the APAC region comes in second in terms of market share with around 28 % market share. APAC region also has the highest market growth rate averaging about 4.5 % owing to its growing middle-class population, newly setup industries for can coating, and growing preference for canned beverage preference. China and India mainly fuel this growth.
Can Coatings Market key players:
Major companies plying their trade in the Can Coatings Market include PPG Industries (US), Valspar (US), Akzo Nobel (Netherlands), ALTANA (Germany), KANSAI PAINT (Japan), Toyochem (Japan), National Paints Factories (Jordan), International Packaging Coatings (Germany), TIGER Coatings (Germany), and VPL Coatings (Germany) are the key players in can coating market.
Recent Development
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1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Epoxy
5.1.3 Acrylic
5.1.4 Polyester
5.1.5 Oleoresins
5.1.6 Vinyl
5.1.7 Alkyd
5.1.8 Polyolefin
5.1.9 Y-o-Y Growth Analysis, By Type
5.1.10 Market Attractiveness Analysis, By Type
5.1.11 Market Share Analysis, By Type
5.2 Application
5.2.1 Introduction
5.2.2 Food Cans
5.2.3 Beverage Cans
5.2.4 General-Line Cans
5.2.5 Aerosol Cans
5.2.6 Y-o-Y Growth Analysis, By Type
5.2.7 Market Attractiveness Analysis, By Type
5.2.8 Market Share Analysis, By Type
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Application
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 VPL Coatings (Germany)
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 PPG Industries (US)
8.3 Valspar (US)
8.4 Akzo Nobel (Netherlands)
8.5 ALTANA (Germany)
8.6 KANSAI PAINT (Japan)
8.7 Toyochem (Japan)
8.8 National Paints Factories (Jordan)
8.9 International Packaging Coatings (Germany)
8.10 TIGER Coatings (Germany)
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
