Can Coatings Market Research Report, Types, Technology, Application and Region Forecast to 2026

The Global Can Coatings Market is valued to reach USD 2.05 Billion by 2022, growing at CAGR of 3.25% during forecast period 2020-2026. Increase in global supply of food and beverages in cans, surge in personal care, chemical and pharmaceutical industries, rising demand of soft drinks, coupled with recyclability of cans are the key factors augmenting the market growth.

Protective coatings offer corrosion control and ensure a long term protection within a wide range of corrosive conditions. Similarly, canned food and beverages form an integral part of global food supply. Consumer demand for quality foods with flavor, texture and color stands important from the consumption aspects and in this regards, manufacturers are now emphasizing on technological feasibility, commercial availability and health aspects of alternative options for coatings. Natural resins are used as a coating material that are derived from plants. Synthetic resins are identical to plant resins but are liquid monomers.

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