Metal Packaging Coatings Market Size Estimates and Forecasts By Key Players


Posted February 3, 2020 by preefacto

Metal Packaging Coatings Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2027
 
The packaging industry is one of the foremost industrial sectors to give birth to the throwaway culture, which is responsible for the damages caused by millions of tons of waste produced each year. As a result, growing concerns about environment have given rise to sustainability trends in the packaging industry, thereby boosting adoption of metal packaging solutions.

The metal packaging coatings market banks on the growing shift from plastic to metal in the packaging industry. By 2018, the metal packaging coatings market is likely to envisage 3.8% y-o-y over 2017, according to a recent market study published by Fact.MR. The study remains bullish on positive growth of the metal packaging coatings market, as the use of metal packaging solutions has reached new heights in various industrial applications in the recent years.

The Fact.MR study thoroughly assesses macro and microeconomic factors that may redefine growth prospects of the metal packaging coatings market in the foreseeable future. The study also provides a holistic assessment of market dynamics to obtain nearly accurate conclusions about market growth and provides actionable insights to readers.

To offer a comprehensive assessment of opportunities, the study makes a scrutiny of growth prospects in various regions. The key regions comprise the following geographical segments:

North America (U.S., Canada)
Latin America (Brazil, Mexico)
Europe (U.K., BENELUX)
APEJ (India, Australia and New Zealand)
MEA (South Africa, GCC Countries)

The detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas. Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets. Shares of major regional markets are also presented in the analysis.

For a detailed industry outlook, Get the Report Sample at: https://www.factmr.com/connectus/sample?flag=S&rep_id=2433

The study provides detailed profile of key players and their offering in the metal packaging coatings market, which include

PPG
AkzoNobel
The Sherwin-Williams Co.
RPM International Inc.
Nippon Paint Holdings Co.
BASF Coatings
Kansai Paint Co. Ltd.
Behr Process Corp.
Axalta Coating Systems
Benjamin Moore & Co.
Nippon Paint (USA)

The report offers insight into the competitive dynamic in the metal packaging coatings market which has shaped the major strategies of each player. It also covers recent moves such as partnerships and collaborations, mergers and acquisitions, diversification and research investments, of each prominent player. The key factors that shape the entry barrier and intensity of competition in the metal packaging coatings market are presented in the analysis. Further, the study provides PESTLE analyses of numerous players and an evaluation of how the competitive landscape will evolve over the forecast period.

Sales of Metal Packaging Coatings will Remain Highly Concentrated in Developed Regions

According to the Fact.MR study, the metal packaging coatings market in developed regions, such as North America and Europe, is expected to account for more than half the sales of metal packaging coating in 2018. The study opines that the trend will continue to persist throughout the upcoming decade, generating most lucrative opportunities for metal packaging coating manufacturers in North America and European Union.

Some of the key findings of the Fact.MR study that elucidate the market scenario and competitive environment in developed metal packaging coatings markets are,

Collectively, North America and Europe will account for over 55% volume share of the global market for metal packaging coatings market in 2018
Stringent regulations on the use of plastic in food packaging solutions are bolstering the use of metal packaging, which is mainly boosting the growth of metal packaging coatings market in these regions
Increasing use of steel and aluminum containers in packaging for human as well as pet food products in developed countries is triggering adoption of metal packaging coatings
Awareness about sustainability of metal food packaging among consumers, which makes a huge impact on consumer behavior, has multiplied the number of metal packaging applications. This, in turn, will accelerate expansion of the metal packaging coatings market in developed countries
Leading metal packaging coatings market players in developed regions are adopting advanced technologies to introduce superior performance characteristics of metal packaging coatings. This is expected to complement the metal packaging coatings market growth in upcoming years.

On the basis of process type, the global metal packaging coatings market report offers insights into the opportunities and new avenues of following key segments:

Thermal
Coil
Electroplating
Extrusion
Hot-Dip Galvanizing

In order to analyze growth prospects in aforementioned segments in the global metal packaging coatings market, the study assesses demand and consumption patterns of following product segments

Acrylics
Fluoropolymers
Urethanes
Epoxy
Poly Alkyds
Amines

New Trends in Food & Beverage Packaging will Spur Demand for Metal Packaging Coatings

Growing needs for sustainable and environment-friendly packaging have exerted immense pressure on stakeholders in the packaged food & beverage industry. The selection of appropriate packaging materials plays a pivotal role in retaining the product quality and conservation throughout the period of consignment and storage. Despite the lower cost and functional benefits of plastic packaging, the F&B industry is shifting towards development of active packaging technologies, which is escalating the use of metal packaging for food & beverages.

The Fact.MR study projects that beverage cans will continue to generate maximum demand for metal packaging coatings, dominating the sales of various product types of metal packaging coatings by 2018. Thereby, modern food & beverage manufacturers plumping for metallic food packaging will augur well for the incremental growth of metal packaging coatings market in the foreseeable future.

Fact.MR study offers an in-depth explanation of how the metal packaging coatings market will grow during the forecast period 2018-2027. According to conclusions of the Fact.MR study, the metal packaging coatings market will grow at a healthy 4.1% volume CAGR through 2017.

Request for Report Methodology: https://www.factmr.com/connectus/sample?flag=RM&rep_id=2433

The global metal packaging coatings market report answers numerous pertinent questions, some of which are:

What are some of the latent areas of investments in the metal packaging coatings market?
Which region is expected to emerge as showing the most attractive growth rate during the forecast period and which factors will be crucial to its growth?
What trends are likely to change the status quo of the positions held by leading players of the metal packaging coatings market in the not-so-distant future?
Which product/service/technology segments holds game-changing potential to dramatically shape the competitive dynamic in the metal packaging coatings market?
What are the strategies adopted by top players to retain their stronghold in the metal packaging coatings market?
Which strategic moves will new entrants adopt to gain a strong foothold in the metal packaging coatings market?

How can Fact.MR Make Difference?

In-depth understanding of key industry trends shaping the present growth dynamics
Offers value chain analysis and price trend analysis of various offering of competitors
Offers data-drive decision to help companies decide strategies that need recalibration
Offers insights into areas in research and development that should attract
Identifies data outliers before your competitors
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Issued By FACT.MR
Country Ireland
Categories Business , News , Research
Tags metal packaging coatings
Last Updated February 3, 2020