New Trends of Metal Packaging Coatings Market with Worldwide Industry Analysis to 2031

Market-Research
Metal Packaging Coatings Market

Key Insights of Metal Packaging Coatings Market

 

Packaging Industry Shifting Away from BPA to Metal will Bolster Applications of Metal Packaging Coatings

 

Bisphenol A (BPA) is an industrial chemical, which is a structural component in a variety of plastic packaging materials, such as polycarbonate bottles. However, with awareness about the migration of BPA from food-contact materials in food products and its impact on human health, various governments have imposed regulations to limit the use of BPA in food packaging. For example, the Commission Regulation (EU) 2018/213 was recently published by the European Commission to restrict the use of BPA in plastic food contact materials.

Adoption of High-performance Resins to Boost Quality of Metal Packaging Coatings – A Key Trend

 

On account of the positive prospects of the metal packaging coatings market, leading manufacturers are aiming to discover novel materials and resins to introduce more innovative products to boost profitable sales. Chemical resistance, better sterilization, superior performance, and barrier properties are among the important characteristics of metal packaging coatings that leading manufacturers are aiming to deliver.

 

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Growing Importance of Packaging Aesthetics Trigger Demand for Metal Packaging Coatings for Decoration

 

The packaging industry is gaining momentum, which is mainly attributed to the increasing growth of the e-commerce sector, and demand for innovative packaging materials to improve sales of packaged goods has been on the rise ever since. Taking into account the positive impact of attractive packaging outlook on the purchasing decisions of consumers, players in the metal packaging coatings market are introducing innovative, decorative coatings for metal packaging solutions.

 

Metal packaging coatings market players are likely to introduce high-quality, durable, and safer metal decorating coatings and inks to enhance the outer appearance of packaging solutions. With growing awareness about how packaging design influences consumer behavior, demand for decorative inks and coatings for metal packaging is expected to drive a popular trend in the metal packaging coatings market in the foreseeable future.

 

Competitive Landscape

 

The Fact.MR report provides comprehensive information about the leading players in the metal packaging coatings market in its competitive landscape segment. This chapter includes detailed information about each stakeholder in the metal packaging coatings market, and the information includes key financials, recent strategies, and SWOT analysis of each player in the metal packaging coatings market. The metal packaging coatings market players featured in the Fact.MR report include PPG Industries, Inc., Akzo Nobel N.V., The Sherwin-Williams Co., RPM International Inc., Nippon Paint Holdings Co., Axalta Coating Systems, BASF Coatings GmbH, Kansai Paint Co. Ltd., Behr Process Corp., Benjamin Moore & Co., and Nippon Paint (USA).

 

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Key Developments

 

PPG Industries, Inc., an American paints & coatings company, recently announced that its metal deco ink business has been acquired by Sun Chemical, another leading supplier of printing inks in the metal packaging coatings market. Sun Chemical has adopted strategies to grow in the metal packaging coatings market by acquiring businesses that complement the growing needs for new ways of decorating metal packaging materials.

 

Akzo Nobel N.V., a Dutch performance coatings company in the metal packaging coatings market, recently launched Vitalure™ G2 10 – a new metal packaging coating for internal protection of three-piece food cans and ends. The company claimed that the new coating exhibits strong technical performance characteristics to suit the specific requirements of the food & beverage industrial applications.

 

Kansai Paint Co. Ltd., a Japanese chemical company in the metal packaging coatings market, recently acquired shares of the Sadolin Group, an East African coating manufacturer. With this acquisition, the company is aiming to enter new markets and using globalization as a prioritized measure to gain momentum in the metal packaging coatings market in the upcoming years.

 

Other players in the metal packaging coatings market, such as Nippon Paint Holdings Co., RPM International Inc., and Axalta Coating Systems, are aiming to expand their businesses in the Asia Pacific region, to capitalize on the rapid growth of the end-user industries of metal packaging coatings in the region. Furthermore, introducing environmentally friendly and more sustainable metal packaging coating solutions remains another leading trend in the metal packaging coatings market.

 

Detailed TOC of Metal Packaging Coatings Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2028

 

1. Global Economic Outlook

 

2. Executive Summary

     2.1. Summary of Key Findings

     2.2. Industry Structure

     2.3. Global Metal Packaging Coatings Market - Wheel of Fortune (Opportunity Assessment)

     2.4. Global Metal Packaging Coatings Market – Mega Trends

 

3. Global Metal Packaging Coatings Market Overview

     3.1. Global Metal Packaging Coatings Market – Introduction

     3.2. Market Breakdown/Research Scope

     3.3. Global Metal Packaging Coatings Market Definition

     3.4. Global Metal Packaging Coatings Market Size (US$ Bn & Volume (Tones)) and Forecast, 2013-2027

            3.4.1. Global Metal Packaging Coatings Market Y-o-Y Growth

 

4. Coating Production Outlook

 

5. Associated Indicators Assessment

     5.1. Market Dynamics

            5.1.1. Key Drivers and Trends

            5.1.2. Market Challenges

            5.1.3. Restraints

     5.2. Supply Chain

     5.3. Cost Breakdown Analysis

     5.4. Pricing Analysis

     5.5. Raw material Cost Breakdown Analysis

     5.6. Metal Packaging Coatings Market – Forecast Scenario

     5.7. Metal Packaging Coatings Market – Forecast Factors

 

6. Global Metal Packaging Coatings Market Analysis and Forecast 2013-2027

     6.1. Global Metal Packaging Coatings Market Size and Forecast By Resin Type, 2013-2027

            6.1.1. Acrylics Market Size and Forecast, 2013-2027

                     6.1.1.1. Revenue (US$ Bn) & Volume (Tones) Comparison, By Region

                     6.1.1.2. Market Share Comparison, By Region

                     6.1.1.3. Y-o-Y growth Comparison, By Region

 

And more…

 

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