Published on : Jul 26, 2018
Albany, New York, July 26, 2018: BPA has received a lot of attention in recent years due to how harmful it is to people's health. It is a widely used chemical for producing plastics and is also used to line aluminum and tin cans for food storage. In recent years, consumer disinterest in BPA-based products led food processing companies to use BPA-free coatings in their metal can packaging format which has ultimately increased the demand for BPA-free metal cans. Market Research Hub (MRH) has freshly broadcasted a study titled “BPA-Free Cans Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” to its massive repository, which gives readers a clear overview of the market by highlighting global market scenario and future prospects.
The main motive of this 208-page precise study is to provide a thorough analysis of the market trends, factors in the current market along with its market size forecast during the period 2018-2026. According to the research, BPA has been shown to cause adverse biological effects, and this has led to growth in the use of BPA free drink bottles. In fact, government in some of the countries has banned the use of BPA in food contact packaging applications after realizing its harmful health effects. Analysts of the report have evaluated that the global BPA free cans market is expected to grow at a CAGR of 3.9% during the forecast period (2018-2026). In 2018, the market value is estimated to be worth US$ 7,894.3 Mn.
In the initial section, this report encloses an elaborate executive summary that offers a quick snapshot of the entire market along with brief information about different market segments and their sub-segments. The market has been analyzed on the basis of capacity, product type, material type, and application. Apart from that readers can expect a wealth of qualitative and quantitative insights on the key factors that are influencing the global BPA free cans market around the globe.
Moving further, this intelligent study also covers the geographical segmentation which analyzes the scope of the market in different regions including North America, Europe, Asia Pacific, Middle East & Africa and Latin America. It has been identified that the North America region is anticipated to lead the global BPA free cans market during the forecast period. The report also adds that the region has highest per capita consumption of packaging which is a major contributing factor to the market growth.
The major product types of BPA free cans include 2-Piece, Monobloc and 3-Piece. By material type, it covers plastic, aluminum and steel. Application-wise segmentation includes beverages, pharmaceuticals, food, personal care and home care. Of these, the food segment is expected to rule the market through the forecast period. On the other hand, steel segment is expected to dominate the market in terms of material.
At last, key players operating in the global BPA free cans market are highlighted in detail. Few of the key players include Crown Holdings, Inc., The Valspar Corporation, Ardagh Group S.A., HUBER Packaging Group GmbH, Ball Corporation, Kian Joo Group, Silgan Containers LLC, Kangnam Jevisco Co., Ltd., CCL Industries Inc., CAN-PACK Group, CPMC Holdings Limited, Toyo Seikan Co. Ltd., PPG Industries, Inc., DowDupont Inc.,
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