According to a recent market study published by Growth Market Reports, titled, “BPA Free Can Coating Market by Resin Type, Technology, Can Type, End-use, and Coating Surface: Size, Share, Trends and Opportunity Analysis, 2018-2028”, the market was valued at US$ 385.7 Million in 2020 and is expected to grow at a moderate growth rate of 4.7% by the year 2028. The increasing product penetration in food and beverage industry is expected to fuel the market growth during the forecast period.

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The BPA free can coating market is expected to witness a decline in year-on-year growth for 2020 as compared to for previous year 2019. Interruption in the supply chain across the globe due to the spread of COVID-19, has a significant negative impact on the product sales. Thus, the import and export of the can coatings has witnessed a decrease in sales in 2020. The partial closing of manufacturing units and wholesalers in first and second quadrants of 2020 had a significant impact on the sales of the can coating. Moreover, inadequate raw material supply and lack of available workforce for production of can coating in the first and second quadrant of 2020 had hampered the market growth in 2020.

As per Growth Market Reports industry analyst Partha Paul, “The BPA Free Can Coating Market is anticipated to witness significant growth during forecast period 2020-2028. The China & SEA BPA-Free Can Coatings market is expected to grow at 4.7% CAGR during the forecast period owing to the growing health risk awareness associated with bisphenol A (BPA). BPA is toxic and has many side effects to the human body, hence consumers are now days demanding for BPA free food or cans free from BPA content. The market is primarily developed in North America & Europe region. The Asia Pacific region is still growing and as compared with those regions, the China & SEA region is comparatively new. The BPA-Free Can Coatings market is expected to grow at a healthy pace in the region. Due to the adverse impact of Covid-19, the sales of the market went down, however it is anticipated to see a healthy growth rate in China & SEA region in coming years.”

The Coronavirus disease 2019 (COVID-19) pandemic has highlighted economic disparities in the China & SEA demand in the crises of China & SEA interdependence and governance challenges. Epidemics are isolated concerns for businesses and prospects for emerging patterns and vulnerabilities. According to the current pandemic situation, strict measures are required for monitoring the situation, which in turn, affect businesses causing unanticipated short and long-term effects.

Consequently, epidemics and pandemics are problems for individual market and an enhancement of existing dynamics and limitations. In the long-term, COVID-19 can serve as another opportunity for manufacturers to reconsider their commitment to the supply chain in regions prone to outbreaks and to reconfigure themselves regionally.
In current scenario, COVID-19 is hampering the production process of several manufacturing industries and businesses. Moreover, trade barriers are further reducing the demand-supply of various products and services.


The sales of can coatings had declined in 2020 due to the pandemic spreading across the world. Moreover, partial & full lock-down and mobility restrictions also pushed down the sales of the entire industry initially. However, countries are gaining momentum with the time frame, and thus, can manufacturers also witness better sales across the region. The growing demand for canned food and beverages has propelled the sales of can coatings, however, growing consumer concern for BPA has pushed the can coating manufacturers for BPA-free alternatives.

Key Takeaways from the Study

  • The players including Arkema, Eternal, Dow Chemical China Co. Ltd., Eastman Chemical Company, Galstaff Multiresine, Toyobo (Shanghai) Co. Ltd., SK Chemicals, Royal DSM, Hexion New Materials, Nan Ya Plastics Corporation, Olin Corporation, PPG Coatings, Valspar, Magna Coatings Indonesia, and AkzoNobel hold a major market share of BPA free can coating Market in year 2020.
  • In terms of value, the interior coating surface segment accounted for substantial share of the market in 2020 and is expected to expand at a substantial CAGR during the forecast period.
  • In terms of volume, the interior coating surface segment held significant share of the market in 2020, and is expected to expand at a substantial CAGR during the forecast period.

Report Scope

Report Metric

Details

Market Value in 2020

US$ 385.7 Million

Market Growth Rate (from 2020 to 2028)

4.9%

Historical Data

2018, & 2019

Base Year

2020

Forecast Period

2021 - 2028

Units Considered

Value (US$ Million), Volume (Tons)

Market Segments

By Resin Type, By Technology, By Can Type, By End Use, By Coating Surface

Key Companies Profiled

Akzo Nobel N.V., ELANTAS GmbH, Valspar, Henkel Malaysia Sdn Bhd, Eastman Malaysia, PPG Coatings (Malaysia) Sdn. Bhd. and others

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience

  • Supply-side: Manufacturers, raw material suppliers, and distributors
  • Demand Side: Food and Beverage industry and others.
  • Regulatory Side: Concerned government authorities, and other regulatory bodies.
  • Associations and Industry Bodies: FDA