Can Coatings Market Size, In-Depth Qualitative Insights, Explosive Growth Opportunity, Regional Analysis by Fortune Business Insights
The global can coatings market size is projected to reach USD 2.65 billion by the end of 2026. The increasing demand for the product across numerous industries will create several growth opportunities. According to a report published by Fortune Business Insights, titled “Can Coatings Market Size, Share & Industry Analysis, By Type (Epoxy, Acrylic, and Others), By Application (Food Cans, Beverage Cans, Aerosol Cans, and Others) and Regional Forecast, 2019-2026,” the market was worth USD 1.97 billion in 2018 and will exhibit a CAGR of 3.8% during the forecast period, 2019-2026.
The recent coronavirus outbreak has had an adverse impact on several businesses across the world. Due to the severity of the disease, governments across the world are taking strict measures to curb the spread of the disease. Due to the rapid spread of the disease, several businesses have been shut down. The shut downs in retail stores and commercial chains has affected the growth of the market in 2020.