HOME Top Market Reports Can Coatings Market by Type (Epoxy, Acrylic, Polyester, Oleoresins, Vinyl, Alkyd, Polyolefin), Application (Food Cans, Beverage Cans, General Line Cans, Aerosol Cans), and Region(APAC, North America, Europe, South America, ME&A) - Global Forecast to 2022

Can Coatings Market by Type (Epoxy, Acrylic, Polyester, Oleoresins, Vinyl, Alkyd, Polyolefin), Application (Food Cans, Beverage Cans, General Line Cans, Aerosol Cans), and Region(APAC, North America, Europe, South America, ME&A) - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: April 2018
Report Code: CH 6144

 

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The global can coatings market was valued at USD 1.85 Billion in 2016 and is projected to reach USD 2.27 Billion by 2022, at a CAGR of 3.4% during the forecast period. In this study, 2016 has been considered the base year and 2017-2022 as the forecast period for estimating the can coatings market size.

The objectives of the study are:

  • To analyze and forecast the global can coatings market, in terms of value and volume
  • To provide detailed information about the key growth factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
  • To analyze and forecast the size of the market on the basis of type and application
  • To estimate and forecast the market size on the basis of five regions, namely, Europe, Asia Pacific, North America, Middle East & Africa, and South America
  • To estimate and forecast the can coatings market at country-level in each of the regions
  • To analyze the market opportunities and competitive landscape of the market
  • To analyze competitive developments such as new product launches & developments, expansions, mergers & acquisitions, and joint ventures & partnerships in the can coatings market
  • To strategically identify and profile the key market players and analyze their core competencies*

Note: Core competencies* of the companies are determined in terms of their key developments and key strategies adopted by them to sustain their position in the market.

Different secondary sources, such as company websites, encyclopedia, directories, and databases such as Hoovers, Bloomberg, Businessweek, Factiva, and OneSource have been used to identify and collect information useful for this extensive, commercial study of the global can coatings market. Primary sources, including experts from related industries, have been interviewed to verify and collect critical information and assess prospects of the market. The top-down approach has been implemented to validate the market size in terms of value. With data triangulation procedures and validation of data through primaries, the exact values of the overall parent market size and individual market sizes have been determined and confirmed in this study.

Can Coatings Market

To know about the assumptions considered for the study, download the pdf brochure

The can coatings market has a diversified and established ecosystem of upstream players, such as raw material suppliers, and downstream stakeholders, such as manufacturers, vendors, end users, and government organizations.

These stakeholders include can coatings manufacturers such as PPG (US), Valspar (US), Akzo Nobel (Netherlands), ALTANA (Germany), KANSAI PAINT (Japan), Toyochem (Japan), National Paints Factories (Jordan), International Packaging Coatings (Germany), TIGER Coatings (Germany), and VPL Coatings (Germany).

Key Target Audience:

  • Regional Manufacturers’ Associations
  • Raw Material Manufacturers (companies involved in resins, solvents, and additives production)
  • Metal Can Producers
  • Traders, Distributors, and Suppliers of Can Coatings
  • Government and Regional Agencies and Research Organizations

“This study answers several questions for the stakeholders, primarily, which market segments they need to focus on during the next two to five years to prioritize their efforts and investments”

Scope of the Report:

This research report categorizes the global can coatings market based on type, application, and region; forecasts revenue growth and provides an analysis of trends in each of the submarkets.

Based on Type:

  • Epoxy
  • Acrylic
  • Polyester
  • Others

Each type is further described in detail in the report with volume forecasts until 2022.

Based on Application:

  • Food Can
  • Beverage Can
  • General Line Can
  • Aerosol Can
  • Others

Each application is further described in detail in the report with value and volume forecasts until 2022.

Based on Region:

  • Asia Pacific
  • North America
  • Europe
  • Middle East & Africa
  • South America

Each region is further segmented by key countries, such as China, India, Indonesia, Japan, South Korea, the US, Mexico, Canada, Germany, the UK, Italy, France, Turkey, Russia, Saudi Arabia, the UAE, Argentina, and Brazil.

Available Customizations: The following customization options are available for the report:

  1. Company Information

Analysis and profiles of additional global as well as regional market players (up to three)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Units Considered
    1.7 Limitations
    1.8 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 29)
    4.1 Attractive Opportunities in the Can Coatings Market
    4.2 Can Coatings Market, By Application
    4.3 Can Coatings Market, By Type and Region
    4.4 Can Coatings Market Attractiveness

5 Market Overview (Page No. - 32)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Consumption of Metal Cans in Food & Beverage Application
           5.2.2 Restraints
                    5.2.2.1 Stringent Regulations on Bpa
           5.2.3 Opportunities
                    5.2.3.1 New Product Developments in Can Coatings
                    5.2.3.2 High Demand for Can Coatings in Emerging Countries of APAC
           5.2.4 Challenges
                    5.2.4.1 Fluctuation in Raw Material Prices
    5.3 Porter’s Five Forces Analysis
           5.3.1 Threat of New Entrants
           5.3.2 Bargaining Power of Buyers
           5.3.3 Threat of Substitutes
           5.3.4 Bargaining Power of Suppliers
           5.3.5 Intensity of Competitive Rivalry
    5.4 Macroeconomic Indicators
           5.4.1 Introduction
           5.4.2 Global and Regional Per Capita Food Consumption
           5.4.3 Global GDP Per Capita Outlook, By Country (USD)

6 Can Coatings Market, By Type (Page No. - 41)
    6.1 Introduction
    6.2 Epoxy Can Coatings
    6.3 Acrylic Can Coatings
    6.4 Polyester Can Coatings
    6.5 Others

7 Can Coatings Market, By Application (Page No. - 49)
    7.1 Introduction
    7.2 Food Cans
    7.3 Beverage Cans
    7.4 General Line Cans
    7.5 Aerosol Cans
    7.6 Others

8 Can Coatings Market, By Region (Page No. - 59)
    8.1 Introduction
    8.2 North America
           8.2.1 US
           8.2.2 Canada
           8.2.3 Mexico
    8.3 APAC
           8.3.1 China
           8.3.2 Japan
           8.3.3 India
           8.3.4 South Korea
           8.3.5 Indonesia
           8.3.6 Rest of APAC
    8.4 Europe
           8.4.1 Western Europe
                    8.4.1.1 Germany
                    8.4.1.2 Italy
                    8.4.1.3 France
                    8.4.1.4 UK
                    8.4.1.5 Rest of Western Europe
           8.4.2 Central & Eastern Europe
                    8.4.2.1 Russia
                    8.4.2.2 Turkey
                    8.4.2.3 Rest of Central & Eastern Europe
    8.5 South America
           8.5.1 Brazil
           8.5.2 Argentina
           8.5.3 Rest of South America
    8.6 Middle East & Africa
           8.6.1 UAE
           8.6.2 Saudi Arabia
           8.6.3 Rest of Middle East & Africa

9 Competitive Landscape (Page No. - 115)
    9.1 Overview
    9.2 Market Ranking Analysis
    9.3 Competitive Scenario
           9.3.1 Expansion
           9.3.2 Acquisition
           9.3.3 Joint Venture
           9.3.4 New Product Launch

10 Company Profiles (Page No. - 119)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     10.1 Akzo Nobel
     10.2 PPG
     10.3 Valspar
     10.4 Kansai Paints
     10.5 Altana
     10.6 National Paint Factories
     10.7 International Packaging Coatings
     10.8 Tiger Coatings
     10.9 Toyochem
     10.10 VPL Coatings
     10.11 Other Key Players

*Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

11 Appendix (Page No. - 138)
     11.1 Insights From Industry Experts
     11.2 Discussion Guide
     11.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     11.4 Introducing RT: Real-Time Market Intelligence
     11.5 Author Details


List of Tables (150 Tables)

Table 1 Per Capita GDP Outlook, By Country (USD)
Table 2 Can Coatings Market Size, By Type, 2015–2022 (Kiloton)
Table 3 Can Coatings Market Size, By Type, 2015–2022 (USD Million)
Table 4 Epoxy Can Coatings Market Size, By Region, 2015–2022 (Kiloton)
Table 5 Epoxy Can Coatings Market Size, By Region, 2015–2022 (USD Million)
Table 6 Acrylic Can Coatings Market Size, By Region, 2015–2022 (Kiloton)
Table 7 Acrylic Can Coatings Market Size, By Region, 2015–2022 (USD Million)
Table 8 Polyester Can Coatings Market Size, By Region, 2015–2022 (Kiloton)
Table 9 Polyester Can Coatings Market Size, By Region, 2015–2022 (USD Million)
Table 10 Other Can Coatings Market Size, By Region, 2015–2022 (Kiloton)
Table 11 Other Can Coatings Market Size, By Region, 2015–2022 (USD Million)
Table 12 Can Coatings Market Size, By Application, 2015–2022 (Kiloton)
Table 13 Can Coatings Market Size, By Application, 2015–2022 (USD Million)
Table 14 Can Coatings Market Size in Food Cans Application, By Region, 2015–2022 (Kiloton)
Table 15 Can Coatings Market Size in Food Cans Application, By Region, 2015–2022 (USD Million)
Table 16 Can Coatings Market Size in Beverage Cans Application, By Region, 2015–2022 (Kiloton)
Table 17 Can Coatings Market Size in Beverage Cans Application, By Region, 2015–2022 (USD Million)
Table 18 Can Coatings Market Size in General Line Cans Application, By Region, 2015–2022 (Kiloton)
Table 19 Can Coatings Market Size in General Line Cans Application, By Region, 2015–2022 (USD Million)
Table 20 Can Coatings Market Size in Aerosol Cans Application, By Region, 2015–2022 (Kiloton)
Table 21 Can Coatings Market Size in Aerosol Cans Application, By Region, 2015–2022 (USD Million)
Table 22 Can Coatings Market Size in Other Applications, By Region, 2015–2022 (Kiloton)
Table 23 Can Coatings Market Size in Other Applications, By Region, 2015–2022 (USD Million)
Table 24 Can Coatings Market Size, By Region, 2015–2022 (Kiloton)
Table 25 Can Coatings Market Size, By Region, 2015–2022 (USD Million)
Table 26 North America: Can Coatings Market Size, By Country, 2015–2022 (Kiloton)
Table 27 North America: By Market Size, By Country, 2015–2022 (USD Million)
Table 28 North America: By Market Size, By Type, 2015–2022 (Kiloton)
Table 29 North America: By Market Size, By Type, 2015–2022 (USD Million)
Table 30 North America: By Market Size, By Application, 2015–2022 (Kiloton)
Table 31 North America: By Market Size, By Application, 2015–2022 (USD Million)
Table 32 US: Can Coatings Market Size, By Type, 2015–2022 (Kiloton)
Table 33 US: By Market Size, By Type, 2015–2022 (USD Million)
Table 34 US: By Market Size, By Application, 2015–2022 (Kiloton)
Table 35 US: By Market Size, By Application, 2015–2022 (USD Million)
Table 36 Canada: Can Coatings Market Size, By Type, 2015–2022 (Kiloton)
Table 37 Canada: By Market Size, By Type, 2015–2022 (USD Million)
Table 38 Canada: By Market Size, By Application, 2015–2022 (Kiloton)
Table 39 Canada: By Market Size, By Application, 2015–2022 (USD Million)
Table 40 Mexico: By Market Size, By Type, 2015–2022 (Kiloton)
Table 41 Mexico: By Market Size, By Type, 2015–2022 (USD Million)
Table 42 Mexico: By Market Size, By Application, 2015–2022 (Kiloton)
Table 43 Mexico: By Market Size, By Application, 2015–2022 (USD Million)
Table 44 APAC: Can Coatings Market Size, By Country, 2015–2022 (Kiloton)
Table 45 APAC: By Market Size, By Country, 2015–2022 (USD Million)
Table 46 APAC: By Market Size, By Type, 2015–2022 (Kiloton)
Table 47 APAC: By Market Size, By Type, 2015–2022 (USD Million)
Table 48 APAC: By Market Size, By Application, 2015–2022 (Kiloton)
Table 49 APAC: By Market Size, By Application, 2015–2022 (USD Million)
Table 50 China: Can Coatings Market Size, By Type, 2015–2022 (Kiloton)
Table 51 China: By Market Size, By Type, 2015–2022 (USD Million)
Table 52 China: By Market Size, By Application, 2015–2022 (Kiloton)
Table 53 China: By Market Size, By Application, 2015–2022 (USD Million)
Table 54 Japan: By Market Size, By Type, 2015–2022 (Kiloton)
Table 55 Japan: By Market Size, By Type, 2015–2022 (USD Million)
Table 56 Japan: By Market Size, By Application, 2015–2022 (Kiloton)
Table 57 Japan: By Market Size, By Application, 2015–2022 (USD Million)
Table 58 India: By Market Size, By Type, 2015–2022 (Kiloton)
Table 59 India: By Market Size, By Type, 2015–2022 (USD Million)
Table 60 India: By Market Size, By Application, 2015–2022 (Kiloton)
Table 61 India: By Market Size, By Application, 2015–2022 (USD Million)
Table 62 South Korea: By Market Size, By Type, 2015–2022 (Kiloton)
Table 63 South Korea: By Market Size, By Type, 2015–2022 (USD Million)
Table 64 South Korea: By Market Size, By Application, 2015–2022 (Kiloton)
Table 65 South Korea: By Market Size, By Application, 2015–2022 (USD Million)
Table 66 Indonesia: By Market Size, By Type, 2015–2022 (Kiloton)
Table 67 Indonesia: By Market Size, By Type, 2015–2022 (USD Million)
Table 68 Indonesia: By Market Size, By Application, 2015–2022 (Kiloton)
Table 69 Indonesia: By Market Size, By Application, 2015–2022 (USD Million)
Table 70 Rest of APAC: By Market Size, By Type, 2015–2022 (Kiloton)
Table 71 Rest of APAC: By Market Size, By Type, 2015–2022 (USD Million)
Table 72 Rest of APAC: By Market Size, By Application, 2015–2022 (Kiloton)
Table 73 Rest of APAC: By Market Size, By Application, 2015–2022 (USD Million)
Table 74 Europe: Can Coatings Market Size, By Country, 2015–2022 (Kiloton)
Table 75 Europe: By Market Size, By Country, 2015–2022 (USD Million)
Table 76 Europe: By Market Size, By Type, 2015–2022 (Kiloton)
Table 77 Europe: By Market Size, By Type, 2015–2022 (USD Million)
Table 78 Europe: By Market Size, By Application, 2015–2022 (Kiloton)
Table 79 Europe: By Market Size, By Application, 2015–2022 (USD Million)
Table 80 Germany: Can Coatings Market Size, By Type, 2015–2022 (Kiloton)
Table 81 Germany: By Market Size, By Type, 2015–2022 (USD Million)
Table 82 Germany: By Market Size, By Application, 2015–2022 (Kiloton)
Table 83 Germany: By Market Size, By Application, 2015–2022 (USD Million)
Table 84 Italy: Can Coatings Market Size, By Type, 2015–2022 (Kiloton)
Table 85 Italy: By Market Size, By Type, 2015–2022 (USD Million)
Table 86 Italy: By Market Size, By Application, 2015–2022 (Kiloton)
Table 87 Italy: By Market Size, By Application, 2015–2022 (USD Million)
Table 88 France: Can Coatings Market Size, By Type, 2015–2022 (Kiloton)
Table 89 France: By Market Size, By Type, 2015–2022 (USD Million)
Table 90 France: By Market Size, By Application, 2015–2022 (Kiloton)
Table 91 France: By Market Size, By Application, 2015–2022 (USD Million)
Table 92 UK: Can Coatings Market Size, By Type, 2015–2022 (Kiloton)
Table 93 UK: By Market Size, By Type, 2015–2022 (USD Million)
Table 94 UK: By Market Size, By Application, 2015–2022 (Kiloton)
Table 95 UK: By Market Size, By Application, 2015–2022 (USD Million)
Table 96 Rest of Western Europe: By Market Size, By Type, 2015–2022 (Kiloton)
Table 97 Rest of Western Europe: By Market Size, By Type, 2015–2022 (USD Million)
Table 98 Rest of Western Europe: By Market Size, By Application, 2015–2022 (Kiloton)
Table 99 Rest of Western Europe: By Market Size, By Application, 2015–2022 (USD Million)
Table 100 Russia: By Market Size, By Type, 2015–2022 (Kiloton)
Table 101 Russia: By Market Size, By Type, 2015–2022 (USD Million)
Table 102 Russia: By Market Size, By Application, 2015–2022 (Kiloton)
Table 103 Russia: By Market Size, By Application, 2015–2022 (USD Million)
Table 104 Turkey: By Market Size, By Type, 2015–2022 (Kiloton)
Table 105 Turkey: By Market Size, By Type, 2015–2022 (USD Million)
Table 106 Turkey: By Market Size, By Application, 2015–2022 (Kiloton)
Table 107 Turkey: By Market Size, By Application, 2015–2022 (USD Million)
Table 108 Rest of Central & Eastern Europe: By Market Size, By Type, 2015–2022 (Kiloton)
Table 109 Rest of Central & Eastern Europe: By Market Size, By Type, 2015–2022 (USD Million)
Table 110 Rest of Central & Eastern Europe: By Market Size, By Application, 2015–2022 (Kiloton)
Table 111 Rest of Central & Eastern Europe: By Market Size, By Application, 2015–2022 (USD Million)
Table 112 South America: By Market Size, By Country, 2015–2022 (Kiloton)
Table 113 South America: By Market Size, By Country, 2015–2022 (USD Million)
Table 114 South America: By Market Size, By Type, 2015–2022 (Kiloton)
Table 115 South America: By Market Size, By Type, 2015–2022 (USD Million)
Table 116 South America: By Market Size, By Application, 2015–2022 (Kiloton)
Table 117 South America: By Market Size, By Application, 2015–2022 (USD Million)
Table 118 Brazil: By Market Size, By Type, 2015–2022 (Kiloton)
Table 119 Brazil: By Market Size, By Type, 2015–2022 (USD Million)
Table 120 Brazil: By Market Size, By Application, 2015–2022 (Kiloton)
Table 121 Brazil: By Market Size, By Application, 2015–2022 (USD Million)
Table 122 Argentina: By Market Size, By Type, 2015–2022 (Kiloton)
Table 123 Argentina: By Market Size, By Type, 2015–2022 (USD Million)
Table 124 Argentina: By Market Size, By Application, 2015–2022 (Kiloton)
Table 125 Argentina: By Market Size, By Application, 2015–2022 (USD Million)
Table 126 Rest of South America: By Market Size, By Type, 2015–2022 (Kiloton)
Table 127 Rest of South America: By Market Size, By Type, 2015–2022 (USD Million)
Table 128 Rest of South America: By Market Size, By Application, 2015–2022 (Kiloton)
Table 129 Rest of South America: By Market Size, By Application, 2015–2022 (USD Million)
Table 130 Middle East & Africa: By Market Size, By Country, 2015–2022 (Kiloton)
Table 131 Middle East & Africa: By Market Size, By Country, 2015–2022 (USD Million)
Table 132 Middle East & Africa: By Market Size, By Type, 2015–2022 (Kiloton)
Table 133 Middle East & Africa: By Market Size, By Type, 2015–2022 (USD Million)
Table 134 Middle East & Africa: By Market Size, By Application, 2015–2022 (Kiloton)
Table 135 Middle East & Africa: By Market Size, By Application, 2015–2022 (USD Million)
Table 136 UAE: By Market Size, By Type, 2015–2022 (Kiloton)
Table 137 UAE: By Market Size, By Type, 2015–2022 (USD Million)
Table 138 UAE: By Market Size, By Application, 2015–2022 (Kiloton)
Table 139 UAE: By Market Size, By Application, 2015–2022 (USD Million)
Table 140 Saudi Arabia: By Market Size, By Type, 2015–2022 (Kiloton)
Table 141 Saudi Arabia: By Market Size, By Type, 2015–2022 (USD Million)
Table 142 Saudi Arabia: By Market Size, By Application, 2015–2022 (Kiloton)
Table 143 Saudi Arabia: By Market Size, By Application, 2015–2022 (USD Million)
Table 144 Rest of Middle East & Africa: By Market Size, By Type, 2015–2022 (Kiloton)
Table 145 Rest of Middle East & Africa: By Market Size, By Type, 2015–2022 (USD Million)
Table 146 Rest of Middle East & Africa: By Market Size, By Application, 2015–2022 (Kiloton)
Table 147 Rest of Middle East & Africa: By Market Size, By Application, 2015–2022 (USD Million)
Table 148 Acquisitions, 2012–2017
Table 149 Joint Ventures, 2012–2017
Table 150 New Product Launches, 2012–2017


List of Figures (42 Figures)

Figure 1 Can Coatings Market Segmentation
Figure 2 Can Coatings Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Can Coatings Market: Data Triangulation
Figure 6 Beverage Cans to Be the Fastest-Growing Application
Figure 7 Epoxy Can Coatings to Dominate the Can Coatings Market
Figure 8 North America Dominated the Can Coatings Market in 2016
Figure 9 Can Coatings Market to Witness Moderate Growth During Forecast Period
Figure 10 Beverage Cans to Be the Largest Application
Figure 11 Epoxy Can Coatings Accounted for the Largest Market Share in 2016
Figure 12 APAC and South America to Register High CAGR in the Can Coatings Market
Figure 13 Drivers, Restraints, Opportunities, and Challenges in the Can Coatings Market
Figure 14 Can Coatings Market: Porter’s Five Forces Analysis
Figure 15 Global and Regional Per Capita Food Consumption (Kcal Per Capita Per Day)
Figure 16 APAC and North American Industrial Production Outlook
Figure 17 Epoxy to Be the Largest Segment of the Can Coatings Market
Figure 18 North America to Be the Largest Market for Epoxy Can Coatings
Figure 19 North America to Be the Fastest-Growing Market for Acrylic Can Coatings
Figure 20 North America to Be the Largest Market for Polyester Can Coatings
Figure 21 North America to Be the Largest Market for Other Can Coatings
Figure 22 Beverage Cans to Be the Largest Application in the Can Coatings Market
Figure 23 North America to Be the Largest Market for Can Coatings in Food Cans Application
Figure 24 North America to Be the Largest Market for Can Coatings in Beverage Cans Application
Figure 25 North America to Be the Largest Market for Can Coatings in General Line Cans Application
Figure 26 North America to Be the Largest Market for Can Coatings in Aerosol Cans Application
Figure 27 North America to Be the Largest Market for Can Coatings in Other Applications
Figure 28 Can Coatings Market Regional Snapshot
Figure 29 North American Can Coatings Market Snapshot
Figure 30 APAC Can Coatings Market Snapshot
Figure 31 European Can Coatings Market Snapshot
Figure 32 Brazil is the Largest and Fastest-Growing Market
Figure 33 Middle East & African Can Coatings Market Snapshot
Figure 34 Companies Primarily Adopted Expansions and Acquisitions as Key Growth Strategies (2012–2017)
Figure 35 Market Ranking of Key Players, 2016
Figure 36 Expansions, 2012–2017
Figure 37 Akzo Nobel: Company Snapshot
Figure 38 PPG: Company Snapshot
Figure 39 Valspar: Company Snapshot
Figure 40 Kansai Paints: Company Snapshot
Figure 41 Altana: Company Snapshot
Figure 42 Toyochem: Company Snapshot

The global can coatings market is estimated at USD 1.91 Billion in 2017 and is projected to reach USD 2.27 Billion by 2022, at a CAGR of 3.4% between 2017 and 2022. The market is witnessing growth due to the increasing use of can coatings in food and beverage cans to protect food and beverage products from contamination from can’s metal. Growing consumption of aerosol cans across the globe and especially in emerging countries is expected to fuel the consumption of can coatings in aerosol cans application.

Based on type, epoxy was the largest type segment of the can coatings market in 2016. These coatings offer strong chemical and moisture resistance to cans. They also avoid contamination of food products from can’s metal. This makes these coatings suitable for applications in food, beverage, and general line cans.

Based on application, beverage cans was the largest segment of the global can coatings market, in 2016. The large market size of beverage cans is due to the fact that their consumption in emerging countries is growing rapidly due to the increasing per capita expenditure on food & beverages, rising disposable incomes, improved lifestyles, and growing middle-class population, which is the prominent consumer of beverages. This, in turn, is expected to propel the growth of beverage cans segment.

North America was the largest market for can coatings, in terms of value and volume, in 2016. The growth of can coatings market in the region is mainly attributed to the established food & beverages, personal care, chemical, and pharmaceutical industries. This, in turn, is expected to propel the consumption of metal cans in food & beverages, chemicals, pharmaceutical, and personal care industries. This is expected to drive the can coatings market in the region.

APAC is projected to be fastest-growing can coatings market, in terms of value, during the forecast period. APAC is a manufacturing hub for food & beverages, pharmaceutical, and chemical industries. This is expected to drive the consumption of metal cans, thus fueling the can coatings market.

Can Coatings Market

PPG Industries (US), Valspar (US), Akzo Nobel (Netherlands), ALTANA (Germany), KANSAI PAINT (Japan), Toyochem (Japan), National Paints Factories (Jordan), International Packaging Coatings (Germany), TIGER Coatings (Germany), and VPL Coatings (Germany) lead the global can coatings market. These players are the major manufacturers of can coatings and are gaining a strong foothold in the market through their strategies of capacity expansions and product developments.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

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