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The Global Packaging Coating Market Is Valued At Us$ 3.1 Bn Over The Next 10 Years

10-20-2022 02:08 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

According to Fact.MR the global Packaging Coating Market is currently valued at US$ 97 billion and is expected to grow at a CAGR of 6% between 2021 and 2031. According to MR's research analysis on gardening equipment, top suppliers include The Ames Companies Inc., Estwing Manufacturing Company Inc., Alamo Group Inc., Briggs and Stratton Corp., The Toro Co., Kubota Corp., and Robert Bosch GMBH, accounting for nearly 50% of global revenue in 2020.

Read Report Overview: https://www.factmr.com/report/262/packaging-coating-market

Key Takeaways from Market Study

North America accounted for a major chunk of the market at over 27% market share.
The U.S. is projected to create an incremental opportunity of over US$ 450 million during 2021-2031.
Europe's market for packaging coatings is likely to be the second-largest market during the forecast period.
Fluoropolymer coatings are likely to be one of the highly preferred packaging coating types. Towards the end of 2031, fluropolymer coatings are estimated to reach close to US$ 690 million in revenue.
Polyester coatings are also expected to experience robust demand growth during 2021-2031.
"Food packaging to provide strong demand growth for packaging coatings," says a Fact.MR analyst.

Download Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=262

Competitive Landscape as per Packaging Coating Industry Research

According to Fact.MR's market research analysis, DuPont, Solvay S.A., Nippon paint, Kansai Paints, Evonik Industries, BASF SE, Sherwin Williams, AkzoNobel, and PPG Industries are identified as key packaging coating manufacturers. Majority of the companies discussed in the report have focused on expansion, investments, acquisitions, delivery, portfolio expansion, and brand development.

DIC Corporation in 2019 acquired BASF's global pigment business segment which used to be known as BASF Colors & Effects. The acquisition widened the product portfolio of DIC Corporation. As a global manufacturer of pigments including those of coatings and inks, the company offers range of versatile solution to the consumers.
Ardagh Group, a leading metal can manufacturer on April, 2019 announced the expansion of their production facility in Brazil by looking into the growing demand for aluminum packaging.
In 2019, a North American company named Crown Beverage Packaging developed a new graphic studio for beverage cans. The Aim of the development was to attract customer through visual graphics designs.
In September 2017, Akzonobel acquired a French manufacturer named Disa Technology, the acquisition between both the companies made a great global footprint by supplying innovative performance coatings.
Similarly, recent developments related to companies manufacturing packaging coatings have been tracked by the team at Fact.MR, which are available in the full report.

Ask an Analyst: https://www.factmr.com/connectus/sample?flag=AE&rep_id=262

Market Segments Covered in Packaging Coatings Industry Analysis

By Coating Type

Acrylic Packaging Coatings

Epoxy Thermoset Packaging Coatings

Fluoropolymer Packaging Coatings

Plastisol Packaging Coatings

Polyester Packaging Coatings

Polyurethane Packaging Coatings

Others

By Packaging Type

Metal Can Packaging Coatings

PET Bottles Packaging Coatings

Glass Packaging Coatings

Flexible Plastic Packaging Coatings

Rigid Plastic Packaging Coatings

Liquid Carton Packaging Coatings

Others

By End-Use

Food & Beverage Packaging Coatings

Consumer Product Packaging Coatings

Chemical Packaging Coatings

Paint and Coating Packaging Coatings

Industrial Product Packaging Coatings

Semiconductor and Electronics Packaging Coatings

Others

By Technology

Coil & Sheet Packaging Coatings

Roll Packaging Coatings

Spray Packaging Coatings

Functional Packaging Coatings

Get Free Access of Complete Report : https://www.factmr.com/checkout/262

What insights does the Packaging Coating Market report provide to the readers?

Packaging Coating Market fragmentation on the basis of product type, end use, and region.
Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
Collaborations, R&D projects, acquisitions, and product launches of each Packaging Coating Market
Various regulations imposed by the governments on the consumption of Packaging Coating Market in detail.

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