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Packaging Coatings - Global Market Trajectory & Analytics

  • ID: 5141246
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Akzo Nobel NV
  • ALTANA AG
  • BASF SE
  • Endura Coatings
  • Kansai Paint Co. Ltd.
  • Michelman, Inc.
Global Packaging Coatings Market to Reach $4.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Packaging Coatings estimated at US$3.1 Billion in the year 2020, is projected to reach a revised size of US$4.2 Billion by 2027, growing at a CAGR of 4.4% over the analysis period 2020-2027. Epoxy thermoset, one of the segments analyzed in the report, is projected to record a 4.8% CAGR and reach US$1.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Urethane segment is readjusted to a revised 4% CAGR for the next 7-year period.





The U.S. Market is Estimated at $892.6 Million, While China is Forecast to Grow at 7.3% CAGR

The Packaging Coatings market in the U.S. is estimated at US$892.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$746.9 Million by the year 2027 trailing a CAGR of 7.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

Uv-curable Segment to Record 5.7% CAGR

In the global Uv-curable segment, USA, Canada, Japan, China and Europe will drive the 5.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$472.9 Million in the year 2020 will reach a projected size of US$683 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$566.8 Million by the year 2027, while Latin America will expand at a 6.2% CAGR through the analysis period.

Select Competitors (Total 41 Featured):
  • Akzo Nobel NV
  • Allnex
  • ALTANA AG
  • Arkema Group
  • Axalta Coating Systems LLC
  • BASF SE
  • DowDuPont, Inc.
  • Endura Coatings
  • Evonik Industries AG
  • Kansai Paint Co., Ltd.
  • Mantrose-Haeuser Co., Inc.
  • Michelman, Inc.
  • PPG Industries, Inc.
  • Sun Coating Company
  • The Sherwin-Williams Company
  • The Valspar Corporation
  • VPL Coatings GmbH & Co KG
  • Wacker Chemie AG
Frequently Asked Questions about the Global Market for Packaging Coatings

What is the estimated value of the Global Market for Packaging Coatings?

The Global Market for Packaging Coatings was estimated to be valued at $3.1 Billion in 2020.

What is the growth rate of the Global Market for Packaging Coatings?

The growth rate of the Global Market for Packaging Coatings is 4.4%, with an estimated value of $4.2 Billion by 2027.

What is the forecasted size of the Global Market for Packaging Coatings?

The Global Market for Packaging Coatings is estimated to be worth $4.2 Billion by 2027.

Who are the key companies in the Global Market for Packaging Coatings?

Key companies in the Global Market for Packaging Coatings include Akzo Nobel NV, Allnex, ALTANA AG, Arkema Group, Axalta Coating Systems LLC, BASF SE, DowDuPont, Inc., Endura Coatings and Kansai Paint Co. Ltd..
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Akzo Nobel NV
  • ALTANA AG
  • BASF SE
  • Endura Coatings
  • Kansai Paint Co. Ltd.
  • Michelman, Inc.

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 41
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Akzo Nobel NV
  • Allnex
  • ALTANA AG
  • Arkema Group
  • Axalta Coating Systems LLC
  • BASF SE
  • DowDuPont, Inc.
  • Endura Coatings
  • Evonik Industries AG
  • Kansai Paint Co. Ltd.
  • Mantrose-Haeuser Co. Inc.
  • Michelman, Inc.
  • PPG Industries, Inc.
  • Sun Coating Company
  • The Sherwin-Williams Company
  • The Valspar Corporation
  • VPL Coatings GmbH & Co KG
  • Wacker Chemie AG
Note: Product cover images may vary from those shown