Tuesday, 02 January 2024 12:17 GMT

Packaging Coatings Market Set For Steady Expansion To USD 3.2 Billion By 2030


(MENAFN- EIN Presswire) Packaging Coatings Market, by Application

Packaging Coatings Market, by Application

Food cans held the largest share in 2020 (>25%) and will maintain dominance, driven by the convenience of canned, nutrient-rich foods.

DELAWARE, WILMINGTON, UNITED STATES, September 15, 2025 /EINPresswire / -- The global packaging coatings market was valued at $3.2 billion in 2020 and is projected to reach $4.9 billion by 2030, growing at a CAGR of 4.7% (2021–2030).

Key Growth Drivers:

- Rising demand for flexible packaging coatings
- Expansion of the food & beverage industry
- Opportunities from rapid growth of the packaging sector

However, stringent environmental regulations on packaging safety remain a restraint.

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Market Insights:

By Application

- Food cans held the largest share in 2020 (>25%) and will maintain dominance, driven by the convenience of canned, nutrient-rich foods.
- Industrial packaging will grow fastest, with a CAGR of 5.6%, due to its role across production and supply chains.

By Type

- Epoxy thermoset coatings led in 2020 (>40% share) thanks to superior thermal and mechanical stability.
- UV-curable coatings will register the highest CAGR (6.1%) owing to their efficiency under high-intensity UV light.

By Region

- Asia-Pacific (followed by Europe and North America) dominated in 2020 (~40% share) and will see the fastest CAGR of 5.3% through 2030, supported by urbanization and industrial growth.

Leading Companies:

- Akzo Nobel N.V.
- Axalta Coating Systems
- BASF SE
- Eastman Chemical Company
- Kemira
- PPG Industries, Inc.
- Sun Coating Company
- The Lubrizol Corporation
- The Sherwin-Williams Company
- Wacker Chemie AG

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Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

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