Container Glass Coating Market is anticipated to grow at a CAGR of 5.85% from 2021 to 2027 globally - Axiom MRC
Container Glass Coating Market is anticipated to grow at a CAGR of 5.85% from 2021 to 2027 globally - Axiom MRC
Date: October 2021
New York, September 2021: Axiom Market Research & Consulting™ added a report on Container Glass Coating Market which includes study on product type, coating type, end use industry, and geography. The Container Glass Coating Market was projected to grow at a CAGR of 5.85% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the Container Glass Coating Market.
The factors such as increasing popularity of the aesthetic attributed to the customer goods, along with the increasing adoption of the container glass coatings for the enhancement of the material properties of the container glass are responsible for boosting the growth of the container glass market. The increasing food and beverage industry that had been coupled with the increasing demand for the glass packaging has also been refuelling the growth of the container glass coating market during the forecast period.
The report analyses the container glass coating market based on the product type, coating type, end use industry and geography. By product type, the container glass coating market includes hot end coatings and cold end coatings. By coating type, the container glass coating market includes coloured coatings, frost effect coatings, anti-scratch coatings, and decorative coatings. By end use industry, the container glass coating market includes food and beverage industry, pharmaceutical industry, and technical products industry. By geography, the container glass coating market is studied across the regions including North America, Europe, Asia Pacific, and Rest of the World.
The hot end coatings product type segment has dominated the container glass coating market in 2020
The hot end coating of the glass containers has been a standard process at every container glass manufacturer, and it has also been increasing the surface strength of the containers prior to the application of the CEC.
The decorative coatings of the coating type segment have dominated the container glass coating market in 2020
Due to the increasing preferences towards the aesthetic attributes of the customer goods has been responsible for propelling the growth of the container glass market, and the increasing demand for the decorative containers has also been boosting the growth of the container glass coating market during the forecast period.
The food and beverage end use industry has dominated the container glass coating market in 2020
Because of the increasing demand for the glass container in the food and beverage industry, along with the increasing adoption of the glass coating for the enhancement of the material properties of the containers is also contributing towards the growth of the container glass coating market during the forecast period.
North America dominated the container glass coating market in 2020
Because of the growing food and beverage industry in the region of North America, along with the demand for the aesthetic containers in the region has been responsible for the growth of the container glass coating market in the region of North America during the forecast period.
Key Players
The key players in the container glass coating market are Arkema Group, Bottle Coatings, Keco Coatings, Toyo Glass Co. Ltd., Emst Deigel Gmbh, Gulbrandsen, Tib Chemicals Ag, Nordson Corporation, Tib Chemicals Ag and Deco Glass Gmbh among others.