30 July 2021
Visiongain has published a new report on Can Coatings Market Report to 2031: Segmentation by Type (Epoxy, Oleoresin, Vinyl, Phenolic, Acrylic, Polyester, Polyolefin, Additives, Other Type) Segmentation by Coating Technologies (Conventional solvent borne coatings, High-solids coatings, Waterborne coatings, Ultraviolet radiation-cured (UV-cured) coatings, Powder coatings, Other Technologies) Segmentation by Application (Food Can, Beverage Can, General Line Can, Aerosol Can, Others, Other Application) PLUS COVID-19 Impact Analysis and Recovery Pattern Analysis (V-shaped, W-shaped, U-shaped, L-shaped) Profiles of Leading Companies, Region and Country.
Visiongain has estimated that the total market for Can Coatings would be around $xx million in 2020 and is projected to grow at a CAGR of xx% during the forecast period 2021-2031. Canning of food and beverages allows their preservation for months to years while maintaining taste and nutritional values. Metal cans are generally coated with an organic layer protecting the integrity of food cans from effects of the food.
Can Coatings Are Mainly Used To Increase And Enhance Flexibility, Adhesion And Resistance In Metal Packing
As food and Drink Cans are used more often to safeguard products against contamination, the market is predicted to rise. Strict BPA use laws (Bisphenol A) and raw material volatility will, nevertheless, impede market expansion. Can coatings are mainly used to increase and enhance flexibility, adhesion and resistance in metal packing. In addition, this product is used for the elasticity, hardness, resistance and adherence of metal shaping processes.
The Region Of Asia-Pacific Is Expected To Be The Fastest Expanding Market For Coatings Worldwide
The region of Asia-Pacific is expected to be the fastest expanding market for coatings worldwide. Due to cheap labor and low raw material cost, the region is a producing hub for food and drinks, pharmaceutical and chemical industries. This will increase the consumption of metal cans and feed the market for canvases. In addition, increased personal care, healthcare, food and drinks spending per capita, increased urban population, and a wide consumer base, have been a major draw to the region's pharmaceutical and food and beverage producers.
Epoxy Can Be Widely Used By Drink Manufacturers In A Wide Range Of Applications
In recent years, however, manufacturers began replacing epoxy-based coating with different substitutes by various regulating authorities due to toxicological presence and regulative laws. Current use is being made of acrylic and polyester coating as first generation replacements to epoxy coatings, and more recently, polyolefin and non-BPA epoxy coatings. Acrylic-based coating can provide a smooth look and corrosion combined with resistance to sulfide blemishes. These coatings are, however, fragile, and can modify the smell and flavor of meals. These coatings are therefore appropriate for common line duct applications. The drink cans are the greatest section of application for coats, since it facilitates the maintenance of the product flavor and taste. Alcoholic (beer) and non alcoholic beverages are used for drinking cans (energy drinks, teas, fruit juices, herbal teas, soft drinks, etc.). Drinks can prolong a barrier to oxygen and light, which keeps beverages flavor and freshness.
The Increase In Demand Is Due To The Increased Need For The Preservation Of Taste And Flavor Through Can Coating
In addition, beverage cans cool down faster than other materials, such as plastics, and customers like them. The increase in demand is due to the increased need for the preservation of taste and flavor through can coating. Herstellers of beverages might be subject to strict rules established by cans quality food authorities. The market for can coatings is expected to increase.
The Biggest Market For Cancoatings Is North America
The expansion of the market for canned coating products in the region is due to the constant presence of food and drinks, personal services, chemical and drug sectors. Their use in turn is predicted to increase the demand for can-coatings in the region by utilizing metal cans in food and beverages, chemicals, the pharmaceutics and the personal care industries.
National Paint Factories
International Packaging Coatings
Keim Additec Surface USA LLC
Pilot Chemical Company
Shamrock Technologies, Inc.
Eagle Specialty Products
Shepherd Color Company, The
ANGUS Chemical Company
Arkema Coating Resins
Brenntag North America
Custom Milling and Consulting, Inc.
Hockmeyer Equipment Corporation
Hydrite Chemical Co.
Michelman - World HQ
Micro Powders, Inc.
NETZSCH Premier Technologies
Norstone/Grinding Media Depot/Blade Depot/Tank PROvider
Orion Engineered Carbons
Pan Technology, Inc.
SpecMetrix Systems (Sensory Analytics )
How this report can help you to get an competitive edge in the global market
• Visiongain Report provides detailed trend analysis of the global Can Coatings market in the following years to determine prospective investment areas.
• Visiongain report helps you to get a thorough understanding of the factors behind the demand driving drivers of various Can Coatings segments in the world's top expenditure countries and identify their opportunities.
• Visiongain report will enhance your understanding for Can Coatings market, including in terms of demand drivers, trends in the industry and the latest technological developments.
• Visiongain report helps you to determine the major channels that drive the world Can Coatings market and provide a clear picture of future opportunities, which lead to revenue expansion.
• Channel resources by focusing on current programmes implemented by the various countries on the global Can Coatings market.
The comprehensive report offers market estimation and forecast for the period ranging 2021 – 2031 for leading national markets and rest of the world. Moreover, the report contains dedicated leading companies covering 10 leading producers in the field of Can Coatings.
The Can Coatings Market Report 2021-2031 report will be of value to anyone who wants to better understand the market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the industry.
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