Metal Packaging Coatings Market to Partake Significant Development During 2030

The global metal packaging coatings market is set to record a CAGR of ~5% during the forecast period (2020-2030). Proper food and flavor protection, outstanding adhesion and flexibility in coating formulations has leveraged the demand for metal packaging coatings in the can manufacturing and coating formulating industries. Moreover, the preference for green manufacturing will create a robust environment for metal packaging coatings as they are free from toxic chemicals like epoxy and BPA. A notable preference for aluminum and steel cans in food and beverage industry is poised to drive market growth during the forecast period.

 

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Metal Packaging Coatings Market Regional Insights: Unquenchable Thirst for Beer enables Europe to emerge as a Dominant Region

Europe, being the largest beer producer, is set to lead the consumption of metal packaging coatings, accounting for over one third of the global consumption by 2030. The projected growth is attributed to increasing demand for canned drinks and foods in countries like Germany, Italy, Spain, and the United Kingdom. Following Europe is Latin America, expanding at a growth rate of ~5% over the forecast period. Alone, Brazil’s beverage industry was valued at around US$ 22 Bn in 2019, constituting a majority of the regional growth during the historical period. Adoption of modern machines and high investments in technological advancements by the Brazilian food and beverage industries will fuel the Latin American metal packaging coatings market during the forecast period.

metal packaging coatings market by region

Following Questions Answers Covered in the Report are:

  • How will the global Metal Packaging Coatings Market perform during the forecast period? What will be the market size in terms of value and volume?
  • Which segment will drive the global Metal Packaging Coatings Market? Which regional market will show extensive growth in the future? What are the reasons?
  • How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
  • What are the key strategies adopted by players to sustain themselves in the global Metal Packaging Coatings Market?
  • How will these strategies influence the market growth and competition?

 

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Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
  • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

 

Get More Insights –http://www.globenewswire.com/en/news-release/2018/01/10/1286645/0/en/Global-Automotive-Pumps-Market-to-Surpass-a-Valuation-of-US-75-200-Mn-By-2026-End.html

 

Metal Packaging Coatings Market: In-depth Analysis on Competitive Landscape

The report offers competitive scenario of the metal packaging coatings market, along with profiles of prominent companies contributing to market expansion. Essential and up-to-date data as well as information correlated to market performers, who are principally engaged in the production and supply of metal packaging coatings, have been presented with the help of a detailed dashboard view. The market share analysis and comparison of prominent players provided in the report permit readers to take preemptive steps in advancing their businesses.

Company profiles have been combined in the report, which exert essentials such as form portfolio, along with all-inclusive SWOT analysis on each player. The company’s presence is mapped and presented through the matrix for all prominent players functioning in the metal packaging coatings market. It offers actionable insights to readers, which helps in thoughtfully presenting market status, and predicting competition levels in the metal packaging coatings market. Prominent companies operating in the global metal packaging coatings market include Akzo Nobel N.V., Axalta Coating Systems Ltd., BASF SE, Dow, Hempel A/S, and Jotun Group.

 

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