Blog Post

Packaging Coatings Market to Reach 60 Million Gallons in 2020

(Cleveland, Jan. 2, 2017) According to a new study from The Freedonia Group — Manufacturing (OEM) Coatings Market in the US — through 2020, the market for packaging coatings is expected to increase 1.9 percent per year to 60 million gallons. Gains will represent a strong acceleration in growth compared with the 2010-2015 performance, in which demand was nearly flat.
Demand for packaging coatings will match gains in packaging shipments through 2020, although coating requirements will be limited to some degree by the utilization of more efficient coatings and application technologies. However, coatings demand will benefit from healthy growth in paper packaging shipments and an acceleration in the output of metal packaging.
According to analyst Matt Hurley, “Coatings will continue to be valued in the packaging industry for their ability to impart performance enhancing qualities such as barrier properties and antistatic capabilities.”
Packaging coatings are used to protect both the interior and exterior of rigid containers, chiefly food containers and beverage cans. Interior coatings are designed to protect the interior surface of packaging materials from contact with their contents, while exterior coatings are intended to enhance the container’s appearance. Other applications include aerosol cans, bottle crowns for glass and plastic packaging, and glass bottle closures.
Coatings are also important in other markets as well, such as toiletries (e.g., shaving cream or mousse, and aerosol cans) and the chemical industry (e.g., containers and metal drums, and paint cans).
As a result of safety and environmental concerns, there has been a shift away from solvent-based coatings and those containing BPA in food-contact applications. This has also produced changes in can design and shifts in canning and soldering techniques.
Suppliers of can coatings have also had to meet increasingly stringent environmental requirements related to the emission of volatile organic compounds from their products. As a result, water-based, radiation cured, and powder coatings continue to expand their market share in can coatings.
Manufacturing (OEM) Coatings Market in the US is available from The Freedonia Group. For further details, please visit: www.freedonia.com (Source: The Freedonia Group, Inc.)

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

roadmap
European Paper Industry Launches Bold Investment Roadmap

(Brussels, Feb. 27, 2017) The European paper industry today has launched the reviewed version

goic_logo
Link: Paper industry investments in Gulf valued at $3.9bn

(Qatar, Feb. 20, 2017) The Gulf Organization for Industrial Consulting (GOIC) announced in a

sackKraft_generic
Sack and kraft packaging demand shifting to consumer applications

(UK, 21 February 2017) World demand for sack and kraft paper used in packaging

containers_generic
BIR World Mirror on Recovered Paper / Quarterly Report – January 2017: “steep hike in sea freight rates; OCC prices remained firm in 4Q/16”

(Brussels, Belgium, January 13, 2017) Global economies are continuing to grow at a rather

containerboard_production
U.S. Containerboard Production Up 7.2% in December 2016

(Washington DC, USA, Jan. 17, 2016) The American Forest & Paper Association released its

woodchips
North American Wood Fiber Prices Have Trended Downward for Most of 2015 and 2016

(Seattle, USA, Dec. 22, 2016) Prices for wood fiber consumed by the pulp industry

folding_carton
New report says long-term growth predicted for folding carton market

(USA, Dec. 21, 2016) The Paperboard Packaging Council’s (PPC) recently released Trends: 2016 Industry

lumber
WRI estimates global demand for lumber to increase 13.6 per cent; in contrast to general world trade

(Seattle, USA, Dec. 13, 2016) Wood Resources International (WRI) estimates that the increase of

ecomm_packaging
U.S. Market for Boxes Used in E-Commerce to Grow 10% Annually Through 2020

(Cleveland, USA, Dec. 7, 2016) Demand for boxes for e-commerce packaging is forecast to

smithers_pira
Global nonwoven wipes market is forecast to reach $19.6 billion by 2021

(UK, 28 November 2016) The Future of Global Nonwoven Wipes to 2021 states the

containerboard_production
Top 3 Trends Impacting the Containerboard Market in North America Through 2020

(USA, Nov. 22, 2016) Technavio’s latest report on the containerboard market in North America

wood_fiber
North American Wood Fiber Prices Continued Downward Trend thru 3Q 2016

(Seattle, USA, Nov. 22, 2016) Prices for wood fiber consumed by the pulp industry

pressure_sensitive_tapes
Developing Markets Worldwide Drive Demand for Pressure Sensitive Tapes

(USA, Nov. 8, 2016) Advances in the global market for pressure sensitive tapes will

hainan_pm2
Slowdown Prompts China’s Pulp and Paper Producers to Consolidate, Invest Overseas

(Boston, Nov. 7, 2016) As China’s economic boom has slowed in recent years, its

Q3
Q3/2016 Global HW Market Review: 1.031MT growth in global demand for BEKP; HW vs. SW spread at a high US$148/t in Europe & US$105/t in China

(Sao Paulo, Brazil, October 31, 2016) Highlights: • Sales volume of 1,442 million tons in the

Fitch
Fitch: Latam Pulp and Paper’s Low Cost Position Helps to Weather Negative Trends

(Rio De Janeiro, Brazil, Oct 31, 2016) Brazilian and Chilean pulp companies’ excellent position

paper_general
Finland’s Forest and Paper Industry Continues Structural Change

(Helsinki, Oct. 19, 2016) According to a forecast released in early October by the

2_pulpwood
Global Pulpwood Prices Moved Upward in Second Quarter 2016

(Seattle, USA, Oct 17, 2016) Wood fiber costs currently account for almost 60% of

pricehike
Global Pulpwood Prices Rose in Q2, After 7 Consecutive Decreases

(Seattle, WA, USA, October 11, 2016) The wood fiber costs for the world’s pulp

shipping_containers
Who is buying Canada’s forest products? Nearly everyone!

(Montreal, Canada, 19 September 2016) Thanks to Canada’s reputation as a reliable, responsible supplier

brazil_pulp
Softwood lumber prices have trended upward during the first six months of 2016 because of higher demand and a weaker dollar

(Seattle, 18 September 2016) An excerpt from the newly released market report Wood Resource

forest_products
Report: The Global Forest Industry in the 2Q/2016

(Seattle, USA, 12 September, 2016) The Softwood Wood Fiber Price Index (SFPI) was up

rcp
BIR World Mirror on Recovered Paper / Quarterly Report – July 2016

(Amsterdam, July 18, 2016) International Markets with a focus on Asia Global uncertainties continue to

Loading...