Aerosol Can Coatings Market- An Overview
Aerosols consist of suspensions of fine solid particles infused in gas or air, which are filled in spray cans. They can be used in the healthcare industry as inhalers, disinfectants and nebulizers; in the household as air fresheners, perfumes, car coatings, cleaning agents and paints; also in food and beverage industry as a medium to store oil, whipped cream and various other substances. Aerosol cans are high in demand due to high customization and re-usable properties.
Aerosol cans usually have aluminium-finish or steel, coated with different alloys. Coatings are usually applied to the cans before they’re moulded, to single or double-sided depending on what product they will hold. Aerosol can coatings are done to make cans more durable, resistant to heat and scratches, and also to sustain the material inside them. They also make the cans look more attractive and indicate an aesthetic appeal. Coatings usually contain additives like hydrochloric acid and pigments to make them less adherent and more vivid in appearances.
Aerosol Can Coatings Market- Dynamics
Aerosol can coatings are available in many alternatives for the choice of coatings over them. Epoxy-based coatings held the maximum market share before manufacturers replaced them due to BPA-induced properties, which were toxic to the material stored inside them. Thus, Acrylic and polyester coatings were introduced as a replacement to epoxy-based coatings. Many countries have permanently banned the production of epoxy-based coatings for food and beverage packaging. Aerosol can coatings should adhere to metal’s chemical properties and make sure that the material packed inside is not contaminated under certain temperature or weather conditions.
The continuous increase in population and usage of canned products have increased the aerosol can coatings market significantly. Also, the development of new products like toilet seat sanitizers and hand sanitizer sprays have shown a rise in the production of aerosol cans, unswervingly increasing the demand for aerosol can coatings. With the rise in e-commerce, there is a steady increase in more innovative packaging and aesthetically-pleasing packing which indicates a huge scope for aerosol can coatings market. Moreover, companies are investing largely on R&D to make new products which can be served in sustainable packaging.
Aerosol can coatings play a major role between food and metal it is packed in since they act as a barrier between the two. Health concerns regarding canned food & beverage, stringent regulations on BPA (bisphenol) and rejection of additives used in can coatings can act as a restraint to the aerosol can coatings market.
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Aerosol Can Coatings Market- Segmentation
On the basis of material used for coating, aerosol can coated market can be segmented into:
- Epoxy coatings
On the basis of End Usage Industry, aerosol can coated market can be segmented into:
- Health Care & Pharmaceutical
- Personal Care
- Food & Beverage
- Paint and Coating
- Chemical & Gas
On the basis of technology used for coating, aerosol can coated market can be segmented into:
- Conventional solvent-borne
- Powder coatings
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Aerosol Can Coatings Market- Regional Outlook
Aerosol can coatings market is forecasted to increase in future due to cans being 100% recyclable and rise in demand for sustainable packaging. Asia Pacific region is forecasted to show growing demands in recent times due to increasing population and demand for ready-to-eat and ready-to-drink food & beverages. European sub-continents can increase the production of Aerosol cans by the installation of modern machinery due to advancements in technology, thus giving a sharp rise to the aerosol can coatings market while American markets could show new trends and a decrease in regular epoxy coatings due to stringent paint and coating laws.
Aerosol Can Coatings Market- Key players
Key players operating in the global can coatings market include PPG Industries, Inc., The Valspar Corporation, Akzo Nobel N.V, Henkel AG & Co, National Paints Factories Co. Ltd., and Covestro AG.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on aerosol can coatings market segments and geographies.
Regional Analysis Includes-
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa (MEA)
- A detailed overview of parent market for aerosol can coatings.
- Changing aerosol can coatings market dynamics in the industry
- In-depth aerosol can coatings market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments in aerosol can coatings market
- Competitive landscape
- Strategies for key players and products offered by aerosol can coatings industry
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for players to sustain and enhance their market footprint
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- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
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- Current trends/opportunities/challenges
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- Technological breakthroughs
- Value chain and stakeholder analysis
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