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The global metal packaging market size was valued at USD 143.06 billion in 2022. The market is projected to grow from USD 146.70 billion in 2023 to USD 181.49 billion by 2030, exhibiting a CAGR of 3.09% during the forecast period. Information Source - https://www.fortunebusinessinsights.com/metal-packaging-market-103867 Metal packaging is a packaging solution offered to various end-use industries with the usage of steel or aluminum. Noteworthy properties such as recyclability, high density, high thermal conductivity, toughness, and mechanical durability boost its use in several applications. Segments- Aluminum Dominates the Segment Owing to its Noteworthy Benefits On the basis of material, the market is bifurcated into steel and aluminum. Aluminum holds the largest share of the market. The lightweight, corrosion-resistant property augments its usage in several end-use industries, thus propelling the segment's growth. Cans & Containers Hold the Largest Share Due to their Increased Usage in FMCG Products Based on product type, the market is segmented into containers & cans, bottles & jars, caps & closures, tins, barrels & drums, and others. Containers & cans are used on a large scale in several end-use industries such as personal care, food & beverages, and household owing to their recyclable and versatile properties. Food & Beverages Holds the Dominant Share Owing to the Widespread Usage of Metal Packaging in the Food Industry According to end users, the market is divided into food & beverages, personal care & cosmetics, pharmaceuticals, paints & varnishes, household, and others. The food & beverage segment leads the market globally. Owing to busy lifestyles, the growing usage of ready-to-eat food products among working professionals, athletes, campers, and travelers leads to the metal packaging market growth. Geographically, the market is analyzed across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Report Coverage- The report offers: Major growth drivers, restraining factors, opportunities, and potential challenges for the market. Comprehensive insights into regional developments. List of major industry players. Key strategies adopted by the market players. Latest industry developments such as product launches, partnerships, mergers, and acquisitions. Drivers & Restraints- Increasing Demand for Metal Packaging in Varied Industries Foster the Market Growth Metal packaging has a wide range of usage in many industries such as pharmaceuticals, personal care & cosmetics, food & beverages, and consumer goods. The increasing demand and need for metal packaging from key companies for brand attraction and differentiation among most customers also drive market growth. The surge in demand for alcoholic & non-alcoholic beverages, ready-to-eat, canned food products, and processed food also enhances the market growth. Steel has very poor chemical stability, low resistance to acid and alkali, and easily prone to rust. The metal ions precipitate if acidic materials such as food products are packed in metal packaging. Metal packaging is more costly than other packaging materials, so the production cost is higher. Regional Insights- North America to Hold the Largest Share Owing to Increasing Demand for Metal Packaging The largest metal packaging market share is anticipated to be held by North America. The massive reliance on energy drinks and goods canned in the U.S. also contributes to the rising demand for metal packaging in North America. Asia Pacific led the market growth, followed by North America. The growth is credited due to the rapid expansion of the steel industry in the region over the last 10 years. China is the biggest steel producer, thus contributing to market growth. Europe is a rapidly-growing region due to the rising use of metal cans consisting of alcoholic and non-alcoholic beverages, the growing household, cosmetics industries, personal care, and processed foods. Competitive Landscape- Prominent Players in the Market Observe Noteworthy Growth Opportunities Key players in the market include Crown Holdings, Ardagh Group, Ball Corporation, Silgan Holdings, Amcor Limited, and others. Numerous other players operating in the industry are focused on providing advanced packaging solutions.

According to a research report titled “Antimicrobial Coatings Market, 2020-2027” by Fortune Business Insights™, the global antimicrobial coatings market size was USD 3,690.0 million in 2019 and is expected to reach USD 8,650.7 million by 2027, exhibiting a CAGR of 11.5% during the forecast period. Information Source - https://www.fortunebusinessinsights.com/antimicrobial-coatings-market-102784 The rise can be attributed to the increasing use of antimicrobial coatings by paint manufacturers to inhibit the growth of pathogens. The coatings contain additives that offer long-lasting and adequate protection against fungi, bacteria, and mold. The market is segmented into metallic and non-metallic types. The metallic segment is fragmented into copper, silver, and others, with the silver sub-segment holding a major share in the industry. The market is also divided based on application into mold remediation, medical & healthcare, food & beverage, building & construction, textile, and others. The medical & healthcare segment is expected to record commendable growth over the estimated period due to the rising product usage in medical appliances, products, and surfaces for preventing the spread of infection. Drivers and Restraints: The report provides an overview of the crucial steps taken by major industry participants to sustain their industry position, after extensive research and engagements with prominent industry stakeholders. The rising awareness regarding healthcare-related infections (HCAI) and an increase in efforts toward their prevention are the major drivers of market growth. However, the use of these products can lead to substantial changes in the emission levels of toxic agents into the environment, which is anticipated to hamper market expansion to some extent. Regional Insights: North America is expected to emerge as a key region driven by escalating demand from medical applications, surging government healthcare expenditure, and high standards of living in the U.S. The Asia Pacific region is also anticipated to record substantial escalation over the forecast period, attributed to the expansion of the food & beverage, pharmaceuticals, and construction industries.

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Acetone Market Growth Size, Share, Industry Analysis, Future Growth, Business Prospects and Forecast to 2028 The global acetone market is expected to gain momentum from the high demand for petrochemicals and chemicals from several end-use industries. This information is given by Fortune Business Insights™ in a new study, titled, “Acetone Market Size, Share & COVID-19 Impact Analysis, By Application (Solvent, Bisphenol A (BPA), Methyl Methacrylate (MMA), and Others), By End-use (Paints & Coatings, Plastic, Automotive, Adhesives, Pharmaceuticals, Cosmetics, Electrical & Electronics, and Others), and Regional Forecast, 2020-2027.” The study further mentions that the acetone market size was USD 3,962.0 million in 2019 and is projected to reach USD 4,995.3 million by 2027, exhibiting a CAGR of 3.7% during the forecast period. COVID-19 Pandemic to Affect Growth Backed by Ongoing Crude Oil Price War The COVID-19 pandemic has negatively affected the global chemical industry. It has disrupted supply chains and created uncertainty in the demand worldwide. Also, restrictions from governments on manufacturing activities may hinder growth. The ongoing crude oil price war is also set to hamper growth. How Did We Create This Report? We employ iterative and comprehensive research techniques focusing on minimizing deviance. We use a combination of top-down and bottom-up approaches for estimating and segmenting quantitative aspects of the parent’s market. At the same time, data triangulation is used to look at the market from three perspectives. Simulation models were used to gather data about the market forecasts and estimates. Drivers & Restraints- Increasing Manufacturing of Sanitizers and Disinfectants to Drive Growth The increasing production of disinfectants and sanitizers worldwide is set to surge the demand for dimethyl ketone as isopropanol is derived from it. Besides, the high popularity of cosmetics and personal care products would aid the acetone market growth throughout the forthcoming years. However, acetone possesses higher initiation energy points and can’t auto-ignite. This may hamper its demand. Segment- Paints & Coatings Segment to Grow Steadily Fueled by Higher Usage of Solvents Based on end-use, the plastic segment earned 33.3% in terms of the global acetone market share in 2019. The paints & coatings segment generated the largest share in 2019 because of the rising usage of solvents in this sector as it can dissolve non-polar and polar substances. Browse Summary: https://www.fortunebusinessinsights.com/acetone-market-104446

The global antimicrobial coatings market size was USD 3,690.0 million in 2019 and is projected to reach USD 8,650.7 million by 2027, exhibiting a CAGR of 11.5% during the forecast period. The escalation can be attributed to the rising product usage by paint manufacturers to inhibit the growth of pathogens. The coatings contain additives that offer long-lasting and adequate protection against fungi, bacteria, and mold. This information is cited by Fortune Business Insights™ in its research report, titled “Antimicrobial Coatings Market, 2020-2027”. Information Source - https://www.fortunebusinessinsights.com/antimicrobial-coatings-market-102784 Segments: Metallic Segment to Register Notable Surge Due to Growing Adoption of Silver Coatings On the basis of type, the market is segregated into metallic and non-metallic. Of these, the metallic segment is fragmented into copper, silver, and others. The silver sub-segment held a major share in the industry. The rise can be credited to the extensive usage of silver antimicrobial coatings due to their low toxicity. Based on region, the industry is segmented into North America, Latin America, Europe, the Middle East & Africa, and Asia Pacific. Medical & Healthcare Segment to Record Appreciable Rise Owing to Increasing Product Usage in Medical Appliances Based on application, the market is subdivided into mold remediation, medical & healthcare, food & beverage, building & construction, textile, and others. The medical & healthcare segment is expected to register commendable growth over the estimated period. The rise can be attributed to the escalating product usage in medical appliances, products, and surfaces for preventing the spread of infection. Report Coverage: The report provides an in-depth analysis of the significant trends that are expected to drive the business landscape across various regions. It further gives an overview of the crucial steps taken by major industry participants for sustaining their industry position. The insights have been provided after extensive research and engagements with prominent industry stakeholders. Drivers and Restraints: Rising Product Usage in Healthcare on Account of Surging Awareness Regarding HCAI (Healthcare-Related Infections) Antimicrobial coatings market growth can be credited to the growing awareness regarding healthcare-related infections (HCAI) and an increase in efforts toward their prevention. It further comprises the adoption of antimicrobial paints combined with active ingredients as a preventive strategy. However, the use of these products can lead to substantial changes in the emission levels of toxic agents into the environment. This is anticipated to hamper market expansion to some extent. Regional Insights: North America to Emerge as Key Region Driven by Escalating Demand from Medical Applications North America antimicrobial coatings market share is poised to register appreciable expansion over the coming years. The growth is being propelled by the soaring demand from medical and indoor air/HVAC applications. Additional aspect propelling regional expansion is the enforcement of favorable policies. This is further being supplemented by the surging government healthcare expenditure and high standards of living in the U.S. The industry value in the Asia Pacific region is anticipated to record substantial escalation over the forecast period. The rise can be attributed to the expansion of the food & beverage, pharmaceuticals, and construction industries. Competitive Landscape: Industry Players Enter Collaborations & Partnership Agreements to Sustain Market Position Prominent market players are focusing on the adoption of various initiatives such as mergers, acquisitions, and others for the consolidation of their industry position. Several companies are also participating in research activities for enabling the development of superior antimicrobial coatings. Some of the additional initiatives include surging participation in trade conferences and the rollout of numerous strategies for enhancing business prospects. Key Industry Development: November 2020 – Zonitise announced the launch of an antibacterial surface layer equipped for the continuous removal of dangerous microorganisms. The coating was designed for removing pathogens such as the TGEV coronavirus as well as various other viruses and bacteria, claimed the company. List of Key Players Mentioned in the Report: Nippon Paint (India) Company Limited PPG Industrial Coatings Diamond Vogel Akzo Nobel N.V. Diamond Vogel DuPont Axalta Coating Systems DSM The Sherwin-Williams Company

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