Packaging Coatings Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Packaging Coatings Market: By Substrate (Plastic, Metal, Paper, Glass) Resin (Epoxy, Acrylic, Polyurethane, Polyester) Formulation (Water-Based, Solvent-Based, Radiation-Cured, Powder-Based) Application (Beverage, Food Products, Caps and Closures, Monobloc and Tubes) and Geography

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Report

Description

Packaging coatings market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report gives historical, current, and future market sizes (US$ Mn) on the basis of type, substrate, application, end user and region. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global packaging coatings products. Some of the key factors fueling the market growth include growing scope of packaging in various products, rapid growth of the food & beverage industry, increasing growth of the e-commerce industry, high demand of flexible packaging for consumer goods. However, stringent government regulations and rising concerns on amount of bisphenol-A in packaging coatings may hinder the market growth. Further, R&D activities to develop sustainable and more effective packaging coatings and production of environment-friendly packaging coatings in the packaging coatings provides huge opportunity for the market growth. Packaging coatings market is surging owing to frequent acquisitions and launchings by the market players. For Instance, in Mar 2019, PPG acquired Whitford Worldwide Company a global manufacturer that specializes in low-friction and nonstick coatings for industrial applications and consumer products.

Packaging Coatings Market

MARKET SUMMARY
-
x
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– x%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Packaging Coatings Market Analysis

  • Packaging coatings market expanding at significant CAGR over 2022 to 2028 due to growing scope of packaging in various products
  • Based on type, epoxy thermoset segment accounted for larger market revenue share in 2019 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global Packaging Coatings market
Market Leaders
  • Valspar
  • PPG Industries
  • AkzoNobel
  • Wacker Chemie AG
  • Lubrizol
  • Jamestown Coating technologies
  • BASF SE
  • Sun Coating Company
  • Star LaminatorsInc.
  • Mantrose-Haeuser Co.Inc.
Packaging Coatings Market

Drivers and Restraints

With the increase in nuclear families and changes in lifestyle, consumption patterns have transformed. The consumption of organic food and beverages have been escalating owing to rising health concerns which has been significantly boosting the demand for the coatings in the packaging are backing the surged demand. The global packaging industry has steadily grown over the recent years. Coating technology has been proposed as an additional strategy for accomplishing a more rational use of the materials used within the food packaging sector. Coatings used for metal food packaging that directly or indirectly contact food have the added compliance requirement with current food-contact standards, including standards for species that can be extracted and/or migrate into the food chain from coatings or other materials.


Packaging Coatings Market

Asia Pacific dominates the market

Asia Pacific accounted for larger revenue share in global packaging coatings market with considerable CAGR. The growth of the market in the region can be attributed to the rapid increase in the number of end user industries and growing demand for packaging coatings in the packaged food and consumer goods. North America held substantial market share during estimated period owing to rise in food packaging practices. U.S is the major contributor for the growth of the market in the region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2016-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Packaging Coatings Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

1. Executive Summary
2. Global Packaging Coatings Market Introduction
2.1. Global Packaging Coatings Market – Taxonomy
2.2. Global Packaging Coatings Market –Definitions
2.2.1. By Substrate
2.2.2. By Resin
2.2.3. By Formulation
2.2.4. By Application
2.2.5. By Region
3. Global Packaging Coatings Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Packaging Coatings Market Dynamic Factors – Impact Analysis
3.6. Global Packaging Coatings Market – Competition Landscape
4. Global Packaging Coatings Market Analysis,2017-2021 and Forecast, 2022-2028
4.1. Market Analysis,2017-2021 and Forecast, 2022-2028(Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Packaging Coatings Market, By Substrate, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. Plastic
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Metal
5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Paper
5.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Glass
5.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Others
5.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
6. Global Packaging Coatings Market, By Resin, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1. Epoxy
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Acrylic
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Polyurethane
6.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Polyester
6.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Others
6.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
7. Global Packaging Coatings Market, By Formulation, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. Water-Based
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Solvent-Based
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Radiation-Cured
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Powder-Based
7.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
8. Global Packaging Coatings Market, By Application, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. Beverages
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Food Products
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Caps and Closures
8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Monobloc and Tubes
8.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Others
8.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
9. Global Packaging Coatings Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. North America
9.1.1. Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Packaging Coatings Market – Opportunity Analysis Index, By Substrate, Resin, Formulation, Application, and Region, 2022-2028
10. North America Packaging Coatings Market Analysis,2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
10.1. Substrate Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Plastic
10.1.2. Metal
10.1.3. Paper
10.1.4. Glass
10.1.5. Others
10.2. Resin Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Epoxy
10.2.2. Acrylic
10.2.3. Polyurethane
10.2.4. Polyester
10.2.5. Others
10.3. Formulation Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Water-Based
10.3.2. Solvent-Based
10.3.3. Radiation-Cured
10.3.4. Powder-Based
10.4. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Beverages
10.4.2. Food Products
10.4.3. Caps and Closures
10.4.4. Monobloc and Tubes
10.4.5. Others
10.5. Country Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Packaging Coatings Market – Opportunity Analysis Index, By Substrate, Resin, Formulation, Application, and Country, 2022-2028
10.7. North America Packaging Coatings Market Dynamics – Trends
11. Europe Packaging Coatings Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
11.1. Substrate Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Plastic
11.1.2. Metal
11.1.3. Paper
11.1.4. Glass
11.1.5. Others
11.2. Resin Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Epoxy
11.2.2. Acrylic
11.2.3. Polyurethane
11.2.4. Polyester
11.2.5. Others
11.3. Formulation Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Water-Based
11.3.2. Solvent-Based
11.3.3. Radiation-Cured
11.3.4. Powder-Based
11.4. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Beverages
11.4.2. Food Products
11.4.3. Caps and Closures
11.4.4. Monobloc and Tubes
11.4.5. Others
11.5. Country Analysis 2017-2021and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Rest of Europe
11.6. Europe Packaging Coatings Market – Opportunity Analysis Index, By Substrate, Resin, Formulation, Application, and Country, 2022-2028
11.7. Europe Packaging Coatings Market Dynamics – Trends
12. Asia-Pacific Packaging Coatings Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
12.1. Substrate Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Plastic
12.1.2. Metal
12.1.3. Paper
12.1.4. Glass
12.1.5. Others
12.2. Resin Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Epoxy
12.2.2. Acrylic
12.2.3. Polyurethane
12.2.4. Polyester
12.2.5. Others
12.3. Formulation Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Water-Based
12.3.2. Solvent-Based
12.3.3. Radiation-Cured
12.3.4. Powder-Based
12.4. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Beverages
12.4.2. Food Products
12.4.3. Caps and Closures
12.4.4. Monobloc and Tubes
12.4.5. Others
12.5. Country Analysis2017-2021and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. China
12.5.2. India
12.5.3. Japan
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Packaging Coatings Market – Opportunity Analysis Index, By Substrate, Resin, Formulation, Application, and Country,2022-2028
12.7. Asia-Pacific Packaging Coatings Market Dynamics – Trends
13. Latin America Packaging Coatings Market Analysis,2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
13.1. Substrate Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Plastic
13.1.2. Metal
13.1.3. Paper
13.1.4. Glass
13.1.5. Others
13.2. Resin Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Epoxy
13.2.2. Acrylic
13.2.3. Polyurethane
13.2.4. Polyester
13.2.5. Others
13.3. Formulation Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Water-Based
13.3.2. Solvent-Based
13.3.3. Radiation-Cured
13.3.4. Powder-Based
13.4. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Beverages
13.4.2. Food Products
13.4.3. Caps and Closures
13.4.4. Monobloc and Tubes
13.4.5. Others
13.5. Country Analysis 2017-2021and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America
13.6. Latin America Packaging Coatings Market – Opportunity Analysis Index, By Substrate, Resin, Formulation, Application, and Country, 2022-2028
13.7. Latin America Packaging Coatings Market Dynamics – Trends
14. Middle East and Africa Packaging Coatings Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
14.1. Substrate Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. Plastic
14.1.2. Metal
14.1.3. Paper
14.1.4. Glass
14.1.5. Others
14.2. Resin Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.2.1. Epoxy
14.2.2. Acrylic
14.2.3. Polyurethane
14.2.4. Polyester
14.2.5. Others
14.3. Formulation Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Water-Based
14.3.2. Solvent-Based
14.3.3. Radiation-Cured
14.3.4. Powder-Based
14.4. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Beverages
14.4.2. Food Products
14.4.3. Caps and Closures
14.4.4. Monobloc and Tubes
14.4.5. Others
14.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. South Africa
14.5.3. Rest of MEA
14.6. MEA Packaging Coatings Market – Opportunity Analysis Index, By Substrate, Resin, Formulation, Application, and Country, 2022-2028
14.7. MEA Packaging Coatings Market Dynamics – Trends
15. Competition Landscape
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, KeyOfferings, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Akzo Nobel N.V.
15.2.2. Arkema Group
15.2.3. Axalta Coating Systems Llc
15.2.4. BASF Se
15.2.5. Mantrose-Haeuser Co., Inc.
15.2.6. Ppg Industries, Inc
15.2.7. Sun Coating Company
15.2.8. The Dow Chemical Company
15.2.9. The Valspar Corporation
15.2.10. Wacker Chemie Ag
16. Research Methodology
17. Key Assumptions and Acronyms

Report

Company Profile

  • Valspar
  • PPG Industries
  • AkzoNobel
  • Wacker Chemie AG
  • Lubrizol
  • Jamestown Coating technologies
  • BASF SE
  • Sun Coating Company
  • Star LaminatorsInc.
  • Mantrose-Haeuser Co.Inc.

Description

Packaging coatings market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report gives historical, current, and future market sizes (US$ Mn) on the basis of type, substrate, application, end user and region. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global packaging coatings products. Some of the key factors fueling the market growth include growing scope of packaging in various products, rapid growth of the food & beverage industry, increasing growth of the e-commerce industry, high demand of flexible packaging for consumer goods. However, stringent government regulations and rising concerns on amount of bisphenol-A in packaging coatings may hinder the market growth. Further, R&D activities to develop sustainable and more effective packaging coatings and production of environment-friendly packaging coatings in the packaging coatings provides huge opportunity for the market growth. Packaging coatings market is surging owing to frequent acquisitions and launchings by the market players. For Instance, in Mar 2019, PPG acquired Whitford Worldwide Company a global manufacturer that specializes in low-friction and nonstick coatings for industrial applications and consumer products.

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