Asia-Pacific (APAC) - Packaging Coatings Market size to increase by USD 432.18 million between 2022 to 2027| Akzo Nobel NV, Avient Corp., Axalta Coating Systems Ltd. and more among key companies in the market- Technavio

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Dec 13, 2023, 13:15 ET

NEW YORK, Dec. 13, 2023 /PRNewswire/ -- The Asia-Pacific (APAC) - Packaging Coatings Market size is expected to grow by USD 432.18 million, accelerating at a CAGR of 4.64% during the forecast period, according to Technavio. Increasing demand for eco-friendly coatings is notably driving the packaging coatings market in APAC. However, factors such as need for high capital investments may impede market growth. We provide a detailed analysis of 20 companies operating in the packaging coatings market in APAC including Akzo Nobel NV, Avient Corp., Axalta Coating Systems Ltd., BASF SE, Berkshire Hathaway Inc., DIC Corp., Dow Chemical Co., Eastman Chemical Co., Flint Group, Henkel AG and Co. KGaA, Hitech Corp. Ltd., Kemira Oyj, Michelman Inc., Nippon Paint Holdings Co. Ltd., PPG Industries Inc., Royal Mail Plc, Stahl Holdings B.V., Suzhou 3N Materials Technology Co. LTD., The Sherwin Williams Co., and Vizag Chemical International. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request Sample Report

Technavio has announced its latest market research report titled Packaging Coatings Market in APAC 2023-2027

Asia-Pacific (APAC) - Packaging Coatings Market 2023-2027: Company Analysis

Akzo Nobel NV - The company offers packaging coatings for steel cans and aluminum cans.

This report provides a full list of key companies, their strategies, and latest developments. Buy the full report now for detailed company information

Asia-Pacific (APAC) - Packaging Coatings Market 2023-2027: Segmentation

Technology

Solvent-borne
Waterborne
Powdered coatings
Others

Product

Acrylic
Epoxy
Polyurethane
Polyester
Others

The solvent-based segment is projected to experience notable expansion in the Packaging Coatings Market during the forecast period. Conventional solvent-based packaging coatings, due to their high emission of volatile organic compounds (VOCs), are recognized for their contribution to air pollution. These coatings, formulated through solvent-based technology, can be categorized into high-solid solvent-based packaging coatings and conventional solvent-based packaging coatings.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View PDF Sample Report

Asia-Pacific (APAC) - Packaging Coatings Market 2023-2027: Key Highlights

Historic Market Size 2017-2021
CAGR of the market during 2023-2027
Detailed information on factors that will assist packaging coatings market in APAC growth during the next five years
Forecasts on upcoming trends and changes in consumer behavior
The growth of the packaging coatings market in APAC
Analysis of the competitive landscape and detailed information on companies
Comprehensive details of factors that will impede the growth of packaging coatings market in APAC companies

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TOC:

Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Technology
Market Segmentation by Product
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio