Packaging Coatings Resins Market Size, Share, Growth, Segment, Trends, Developing Technologies, Investment Opportunities, Revenue and Forecast
Packaging
coatings resins market is expected to register its growth at a rate of
5.90% for the forecast period of 2021 to 2028. Data Bridge Market Research report on packaging
coatings resins market provides analysis and insights regarding the various
factors expected to be prevalent throughout the forecasted period while
providing their impacts on the market’s growth. The rise in the retail and
e-commerce industries is expected to augment market growth in the forecast
period of 2021 to 2028. The rapid industrialization and urbanization across the
globe, rise in the demand for flexible packaging to store various consumer
goods, rise in the utilization of acrylic-based coatings and rise in the
consumption and manufacturing of PET bottles are also expected to be as the
major factors leading to the growth of the packaging coatings resins market.
The major factor accountable for the growth of the market is the rise in the
food and beverages industry.
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Market Analysis and
Insights
Packaging coatings are the type of specialized chemical agents
which are applied inside or on the surface of packaging products. They are
applied to various plastic, metal and paper-based containers, closures,
cans and industrial packaging products. However, the volatile raw material prices and
reduced export demand are expected to act as major restraining factors towards
the growth of the packaging coatings resins market, whereas the strict
regulatory policies and pressure of cutting prices can challenge to the market
growth over the forecast period. This packaging
coatings resins market report provides details of new recent developments,
trade regulations, import export analysis, production analysis, value chain
optimization, market share, impact of domestic and localized market players,
analyses opportunities in terms of emerging revenue pockets, changes in market
regulations, strategic market growth analysis, market size, category market
growths, application niches and dominance, product approvals, product launches,
geographical expansions, technological innovations in the market. To gain more
info on packaging coatings resins market contact Data Bridge Market Research
for an Analyst Brief, our team will help you take an informed market
decision to achieve market growth.
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Packaging Coatings
Resins Market Scope
Packaging coatings resins market is segmented on the basis of
type, substrate, formulation, application and end user. The growth amongst the
different segments helps you in attaining the knowledge related to the
different growth factors expected to be prevalent throughout the market and
formulate different strategies to help identify core application areas and the
difference in your target markets.
- On the basis of
type, the packaging coatings resins market is segmented into epoxy
thermoset, urethane, UV-curable, BPA free, soft touch UV-curable and
urethane and others.
- Based on
substrate, the packaging coatings resins market is segmented into metal,
rigid plastic, glass, liquid cartons, paper-based containers, flexible
packaging and others.
- On the basis of
formulation, the packaging coatings resins market is segmented into
water-based, solvent-based, radiation-cured and powder-based.
- The application
segment for packaging coatings resins market includes food cans, beverage
cans, caps and closures, aerosols and tubes, industrial packaging,
promotional packaging, and specialty packaging.
- On the basis of
end user, the packaging coatings resins market is segmented into food and
beverages, cosmetics, pharmaceuticals, consumer electronics and
automotive components.
Competitive Landscape and Packaging
Coatings Resins Market Share Analysis
Packaging coatings resins market competitive landscape
provides details by competitor. Details included are company overview, company
financials, revenue generated, market potential, investment in research and
development, new market initiatives, global presence, production sites and
facilities, production capacities, company strengths and weaknesses, product
launch, product width and breadth, application dominance. The above data points
provided are only related to the companies’ focus related to packaging coatings
resins market.
The major players
covered in the packaging coatings resins market report are
Akzo Nobel N.V., Arkema, Axalta Coating Systems
LLC, BASF SE, Mantrose-Haeuser Co., Inc., PPG Industries, Inc.,
Sun Adhesives & Chemicals Pvt Ltd., Dow, Wacker Chemie AG, The
Sherwin-Williams Company, ALTANA, Henkel AG & Co. KGaA, Jotun, ALLNEX GMBH,
W. R. Grace & Co.-Conn., Kansai Paint, Covestro AG, Evonik Industries AG,
Mitsubishi Chemical Corporation, and TORAY INDUSTRIES, INC., among other
domestic and global players. Market share data is available for global, North
America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South
America separately. DBMR analysts understand competitive strengths and provide
competitive analysis for each competitor separately.
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