At 4% CAGR Packaging Coatings Market to Reach USD 5 Billion by 2028, Axalta Coating Systems, Akzo Nobel NV, ALUMAX INDUSTRIAL CO. LTD, ALLNEX NETHERLANDS BV - Digital Journal

2022-07-01 11:26:59 By : Mr. Sunny Hua

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The Packaging Coatings Market Research Report Study. Covers global and regional markets with an in-depth analysis of the overall market growth prospects. It also sheds light on the comprehensive competitive landscape of the global market with a forecast period of 2022 to 2028. The Packaging Coatings Market Research Report. Further provides a dashboard overview of the key players covering successful marketing strategies, market contribution, and recent developments in historical and current contexts, along with the forecast period 2022 to 2028. The revenue generated by the market was around USD 3.5 billion in 2022 and is expected to reach nearly USD 5 billion in 2028 and is expected to grow with a CAGR of over 4% over the forecast period 2022-2028.

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The Major Factor Driving the Market Studied is the Growing Coatings Usage in Developing Markets

Packaging coatings are used for protection, performance, and decoration purposes for plastic tubes, metal cans, or any other substrate used in packaging. Packaging coatings are used for protection, performance, and decoration purposes for plastic tubes, metal cans, or any other substrate used in packaging. The major factor driving the market studied is the growing coatings usage in developing markets. On the flip side, increasing regulations are expected to hinder the growth of the market studied. The growing demand for coatings for high-speed packaging lines is enhancing the use of solid acrylics. Solid acrylic resins in packaging coating applications offer properties such as wet & dry adhesion, early water resistance, corrosion & chemical resistance, hardness, good inter-coat adhesion, and excellent exterior durability.

These properties make acrylic resin a perfect suitable coating for applications like beverage cans, solid cans, etc. The prime reason for the growth of this market is the increasing food & beverage industry. Acrylics in packaging coatings are used heavily for packaging FMCG products owing to their innovative & visual appeal for customer attraction and convenience. The growth in lifestyle and consumption patterns has increased the demand for packaged products resulting in growing packaging industry. COVID-19 was an incomparable global public health emergency that has affected almost every industry and is projected to impact these various industry growths during the forecast period. During the Covid-19, pandemic people were compelled to stay in their homes. The governments of many countries turned their focus to healthcare from other industries.

This significantly disrupted their supply chain operations and manufacturing as lockdowns were imposed by the respective governments. Manufacturing facilities were all shut down due to the pandemic in almost every country across the globe. Logistical restrictions, manpower shortage, material unavailability, and other restrictions had reduced the growth of the industry.

This report focuses on Packaging Coatings Market Status, Future Forecast, Growth Opportunity, Key Market, and Key Players. The Packaging Coatings Market Report. Studies various parameters, such as raw materials, cost and technology, and consumer preferences. It also provides important market credentials such as history, various spreads, and trends, and an overview of the trade, regional markets, trade, and market competitors. It covers capital, revenue, and pricing analysis by business, along with other sections such as plans, support areas, products offered by major manufacturers, alliances, and acquisitions. Headquarters delivery.

To understand how the Impact of Covid-19 is covered in this Report:

The complete profile of the company is mentioned. And it includes capacity, production, price, revenue, cost, gross margin, sales volume, revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making the report. Historical market data Packaging Coatings and forecast data from 2022 to2028.

Major players are included in the Packaging Coatings market report. They are Axalta Coating Systems, Akzo Nobel NV, ALUMAX INDUSTRIAL CO. LTD, ALLNEX NETHERLANDS BV, Arkema Group, Asian paints, BASF SE, Berger Paints India Limited, CAROLYN, and Chemetall.

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Market segmentation Packaging Coatings by substrate type (metal, rigid plastic, glass, liquid cartons, paper-based containers), type (epoxy thermoset, BPA free, UV-curable & urethane), application (aerosols, tubes, caps, food cans), end-user (food & beverages, cosmetics, pharmaceutical)

Geographically, this report is segmented into Several Key Regions, With Sales, Revenue, Market Share, and Growth Rate of Packaging Coatings in Those Regions, from 2022 to 2028

=> North America (US, Canada, and Mexico)

=> Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)

=> Asia Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia, and Vietnam)

=> South America (Brazil, Argentina, Colombia, etc.)

=> The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria, and South Africa)

-Market Landscape: Here, the Packaging Coatings Market opposition is based on value, revenue, trade, and organization-specific pie slices, market rates, cut-throat situation landscape, and market rates. Patterns, integrations, developments, acquisitions, and, in general, most recent top organizations It is part of the industry.

-Manufacturers Profiles: Here, they are considered to be the driving force for the Packaging Coatings Market. It is dictated by regions marketed, major products, net margin, revenue, cost, and generation.

-Market Status and Outlook by Region: In this segment, the report studies the market size by region, net advantage, exchanges, revenue, generation, overall industry share, CAGR, and region. Here, is the Packaging Coatings Market. It is studied in depth according to regions and countries such as North America, Europe, China, India, Japan, and MEA.

-Market Outlook – Production Side – In this report, the authors have focused on the creation and estimates regarding creation by type, key manufacturer indicators, and estimates regarding creation and creation.

-Results and Conclusions of the Research: It is one of the last parts of the report where the researcher’s findings and the conclusion of the exploratory study are presented.

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– Regulatory Agencies, including Government Agencies and NGOs

– Research and Development (R&D) Trade Agencies

– Imports and Exports, Government Agencies, Research Agencies, and Companies Consultants

– Trade associations and industry groups.

The Study Objectives of this Report are:

To analyze the Packaging Coatings Industry status, future forecast, growth opportunity, key market, and key players.

Present the development of the Supply of Packaging Coatings Market products. In the United States, Europe, and China.

Strategically profile key players and comprehensively analyze their development plans and strategies.

To define, describe and forecast the market by product type, market, and key regions.

2.3. Packaging Coatings Market Regional Highlights

Chapter – 3 Global Packaging Coatings Market Overview

3.3. Analysis of COVID-19 impact on the Packaging Coatings Market

3.4. Porter’s Five Forces Analysis

3.6. Value Chain Analysis of Packaging Coatings Market

Chapter – 4 Packaging Coatings Market Macro Indicator Analysis

Chapter – 5 Global Packaging Coatings Market by Substrate Type

Chapter – 6 Global Packaging Coatings Market by Type

Chapter – 7 Global Packaging Coatings Market by Application

Chapter – 8 Global Packaging Coatings Market by End-user

Chapter – 9 Global Packaging Coatings Market by Region 2022-2028

Chapter – 10 Company Profiles and Competitive Landscape

10.1. Competitive Landscape in the Global Packaging Coatings Market

Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of the packaging coatings.

=> Complete coverage of all the product types and applications segments to analyze the trends, developments, and forecast of market size up to 2028.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand and/or diversify.

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