The food can coatings market size is expected to increase with rapid growth in recent years due to globally changing lifestyles and increasing disposable income. Demand for food can coatings has increased in recent years due to the increase in processed foods in the packaging industry. In addition, increased use in meat and fruit-based can packaging applications will increase the size of the product market. Can coatings for metal packaging products provide resistance to food and acid additives. In addition, the protective and decorative aesthetics will increase the demand for a variety of applications worldwide. High product costs can hamper the food can coatings market size. This will limit production and profit margins between product manufacturers and suppliers, which may limit product growth in the market during the forecast period.
A full report of Food Can Coatings Market available at https://www.orionmarketreports.com/food-can-coatings-market/15259/
Key leading players operating in this market include Akzo Nobel N.V., ARKEMA GROUP, Axalta Coating Systems LLC, BASF SE, Mantrose-Haeuser Co. Inc., PPG Industries, Inc., Sun Coating Company, The Dow Chemical Company, The Valspar Corporation, and Wacker Chemie AG, Allnex Belgium SA/NV, and FlintGroup.
Food Can Coatings Market: Segmentation
By Type
• Epoxy
• Polyester
• Acrylic
• Others (Oleoresins, Vinyl, Alkyd, Polyolefin, etc.)
By Formulation
• Solvent based
• Water based
• UV cured
• Others (oil, powder, etc.)
By Application
• Fruits
• Vegetables
• Meat
• Others
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