|Global Analysis of Can and Coil Coatings Market, Forecast to 2025|
|Can Coatings Market is Likely to be Largely Influenced by Regulatory Implications, Whereas Performance, Durability, and Aesthetics will Drive the Coil Coatings Market|
Frost & Sullivan’s latest analysis, Global Can and Coil Coatings Market, reveals that the market is slated to register a steady compound annual growth rate (CAGR) of 4.7% from 2018 to 2025. While can coatings demand will be driven by the increasing usage of beverage cans in developing countries, growth in building and construction (B&C) applications and functionality requirements in appliances and automotive markets will accelerate coil coatings revenues. Furthermore, health and safety (H&S) regulations, along with sustainability initiatives, are expected to play a key role in market developments by driving the need for BPA-free can coatings, chrome-free coil coatings, and water-borne can coating formulations.
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