According to Markntel Advisors Report, Southeast Asia Indian Subcontinent Can Coatings Market is expected to grow at a significant growth rate, and the analysis period is 2023-2028, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
The coating is the protective layer usually applied on both the interior exterior surfaces of metal containers, generally for functional, protective, and decorative purposes. There are a large variety of can coatings that are commercially available with different chemical compositions, production processes, and technical properties. Additionally, the demand for the can coatings arises from the food beverage companies as their packaging solution needs to be more effective, owing to improvising the shelf life of the product.
Southeast Asia Indian Subcontinent Can Coatings Market Research Report Summary:
Southeast Asia Indian Subcontinent Can Coatings Market is projected to grow at a CAGR of around 8.6% during the forecast period, 2023-28.
Time Period Captured in the Report:
- Historical Years: 2018-21
- Base Years: 2022
- Forecast Years: 2023-2028
Who are the Key Players Operating in the Southeast Asia Indian Subcontinent Can Coatings Market?
The top companies of the Southeast Asia Indian Subcontinent Can Coatings Market ruling the industry are:
PPG Industries Inc., Kansai Paints, PT. Magna Coating Indonesia, Toyo Ink Sc Holdings Co., Ltd, TIGER Drylac Vietnam Co. Ltd., Sherwin Williams Co., UBIS (Asia) Public Co., Ltd, AkzoNobel N.V., Eason Paint Public Company Limited, M-DEC Enterprise Pte. Ltd, Sun Chemical, Henkel AG Co.KGaA, and Others
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The Southeast Asia Indian Subcontinent Can Coatings Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
-By Application
-Food Cans
-2 Piece TFS DRD/Drawn Cans
-2 Piece Aluminum DRD/Drawn Cans
-3-piece tinplate welded cans
-Beverage Cans
-2 Piece Aluminum Cans
-3 Piece Tinplate Welded Cans
-General Line Cans
-Aerosol Cans
-2 Piece Aluminum Monobloc Cans
-3 Piece Tinplate Welded Aerosol Cans
-Tinplate Pails
-Drums
-By Material Type
-Epoxy
-Acrylic
-Polyester
-Others (Vinyl, Phenolic, Oleoresin, etc.)
-By Surface Type
-Interior
-Exterior
-By Food Cans Printing Type
-Printed Cans
-Non-Printed Cans
-By Country
-Thailand
-Malaysia
-Indonesia
-Vietnam
-Philippines
-Singapore
-Cambodia
-India
-Bangladesh
-Sri Lanka
-Others
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Market Dynamics - Southeast Asia Indian Subcontinent Can Coatings Market:
Use of Non-BPA (Bisphenol A) Coating for Aluminum Beverage Cans - In the past few years, packed food products in metal cans have witnessed a decrease in demand due to the growing consumer awareness about the ill effects of the BPA epoxy coatings used in food beverage cans. Therefore, to resolve the issue, companies like Toyochem, Sherwin Williams, etc., have introduced new BPA-free can coatings. The trend of BPA-free products is expected to expand further as packaged food organizations in different countries are laying out strict norms for BPA linings in food containers.
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