Packaging Coating Additives Market - Forecast(2023 - 2028)

Report Code: CMR 52246 Report Format: PDF + Excel

Packaging Coating Additives Market Overview

Packaging Coating Additives Market is expected to be valued at $906.4 million by the end of the year 2026 after growing at a CAGR of 4.9% during the forecast period 2021-2026. The growth of the Packaging Coating Additives Market is driven by the significant increase in demand for anti-microbial coating in various sectors like the healthcare and medicine fields. These coating additives contain nonpolar organic solvents which help in dissolving nonpolar substances such as oils, fats, and greases. 

These types of coatings go well with goods that are extracted through solid-phase microextraction since it helps in portioning between solid and liquid. The increased awareness about health in recent days due to epidemics like H5N1 Avian Influenza, H1N1 flu (Swine Flu), and Ebola has also contributed to the significant growth of the packaging coating additives industry.

COVID-19 Impact

Amid the Covid-19 pandemic, the Packaging Coating Additives Market has taken a toll in terms of volume sales, production and distribution. The logistics were also highly impacted owing to the numerous restrictions laid down by governments across the globe. There were restrictions on imports, exports and trading activities due to the pandemic, which led to the abrupt halting of the operations of the Packaging Coating Additives Market. However, the market is expected to grow in the upcoming years in a significant rate, which is estimated to be driven by the increase in demand from the healthcare sector.

Report Coverage

The report: “Packaging Coating Additives Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Packaging Coating Additives Industry.

By Type: Pigments, Binders, Dispersants, Defoamers, Lubricants, Insolubilizers, Antifoaming Agent, Optical Brightening Agent, Preservatives, and Others
By Formulation: Water borne, Solvent borne, Powder based, and Others.
By Function: Antioxidants, UV Stabilizers, Anti-Static, Clarifying Agents, Anti-Block, Anti-Fog, Anti- Microbial, Slip, and Others.
By Application: Food Packaging, Beverage Packaging, Personal Care and Cosmetics Packaging, Household and Consumer Packaging, Industrial Packaging and Healthcare, Pharmaceuticals and Nutraceuticals packaging, and others.
By Geography: North America (U.S., Canada, Mexico), Europe (Germany, UK, France, Italy, Netherlands, Belgium Spain, Russia and Rest of Europe), APAC (China, Japan India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America) and RoW (Middle East and Africa).

Key Takeaways

  • Asia-Pacific market is expected to hold the largest share in the packaging coatings additives market, which is driven by the industrial development and improvement in economic conditions in APAC countries such as China and India.
  • The growth in Packaging Coating Additives Market can also be attributed to the increase in awareness about health conditions in growing countries after the pandemics such as Ebola and Swine flu.
  • The special properties of the packaging coating additives products such as anti-fog, anti-microbial, etc., are creating lucrative opportunities for the products in the market.
  • The packaging coatings additives market is estimated to grow at a significant percentage prior to the present pandemic, owing to its uses in the healthcare sector. 

FIGURE: Packaging Coating Additives Market Revenue, 2020-2026 (US$ Million) 

 Packaging Coating Additives Market

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Packaging Coating Additives Market Segment Analysis- By Type

Preservatives segment held the largest share of more than 20% in the Packaging Coating Additives Market in the year 2020. Preservatives is extensively used in food products and packaged food items. Packaging coating additives was greatly used in the food industry, which eventually increased the demand for preservatives segment. The need for nonpolar organic solvents, for protection from leakage of oil, fat and grease of the food led to the growth of the Packaging Coating Additives Market as nonpolar organic solvents is one of the coating additives which is highly used in the Packaging Coating Additives Market.

Packaging Coating Additives Market Segment Analysis- By Formulation

Water-borne or water-based formulation segment held the largest share of around 35% in the Packaging Coating Additives Market in the year 2020. Water-based formulation or water borne coating additives is highly preferred as it is environmentally friendly and also has very low or no impact on environment and health. Furthermore, there are several government subsidiaries and aids for water-borne coating additives. Water-based formulation helps in absorbing water or any liquid and does not damage the pack at the event of any leakage. It makes the packaging water-proof. This is highly driving the water-based formulation or water borne segment in the Packaging Coating Additives Market.

Packaging Coating Additives Market Segment Analysis- By Function

Anti-block segment held the largest share of 18% in the Packaging Coating Additives Market  in the year 2020. The main factor driving the anti-block segment is the cost effectiveness associated with the type of coating. The anti-block additive is primarily used to create little bumps on polymer film’s surfaces which helps in preventing polymer films from sticking into each other. This helps in keeping the product safe and prevents from any damages that could be caused. This is highly driving the anti-block segment in the Packaging Coating Additives Market.

Packaging Coating Additives Market Segment Analysis- By Application

Food packaging segment held the largest share of 22% in the Packaging Coating Additives Market in the year 2020. The main driver for food packaging in this segment is the increase in general awareness about hygiene and safety. Another main driver is the increase in demand for packaged food online food deliver system in the recent days, especially in developing countries which requires proper packaging which will help in preserving the packaged food properly for a long time and help save the food until it is being delivered to the consumer.

Packaging Coating Additives Market Segment Analysis- By Geography

Asia Pacific region held the largest share of around 40% in the Packaging Coating Additives Market in the year 2020. This is highly driven by the industrial development and improvement in economic conditions in countries such as China and India. The largest share of packaging coating additives in the APAC region is also due to the rising middle-class family in developing countries, relatively cheaper land area, cheap labor and changing lifestyle etc., in countries like India, China and South Korea.  APAC also constitutes approximately 61% of the world’s population, which means the demand for food production and healthcare is relatively higher in this region as compared to other regions, and therefore the scope for growth of packaging coatings additives market is higher in the Asia Pacific region.

Packaging Coating Additives Market Drivers

Rising demand for packaged foods in developed and developing countries and Strict government regulations regarding food and pharma packaging

With the increase in middle class family group around the world, the disposable income of an average citizen has also increased. This has led to the increase in the spending capacity of the middle class, which has eventually increased the demand for packaged items, which has given scope for packaging coatings market. There are strict government rules and regulations regarding the food and pharma packaging in the most of the countries in recent days which has hugely driven the Packaging Coating Additives Market. The packaging coating has become a necessity for products such as food and medicine, without which the manufacturers will face legal actions.

Growing packaging demand in healthcare sector

The changing lifestyles in the developing countries and developed countries have given rise to the need for healthcare facilities in these countries which is the main contributor to the development of packaging coating additives. The increase in delivery system for medical products, has increased the need for proper packaging, which has led to the rise in demand for packaging coating additives. 

Packaging Coating Additives Market Challenges

Volatile raw materials

The unpredictable and constant changes in prices of raw materials is a major market restraint. This makes the market situation very unpredictable and therefore forces the manufacturers to take risks. This might push the manufacturers into overstocking of raw materials, which is waste of resource and time. This will lead to spoilage of the stock and eventually damage to the stock. This is one of the biggest challenge to the Packaging Coating Additives Market.

Packaging Coating Additives Market Industry Outlook

Innovation, technological advancements, diverse product portfolio, adoption of developmental strategies, acquisition and mergers are some of the key strategies adopted by players in the Packaging Coating Additives Market. Major players in the Packaging Coating Additives Market are Lonza Group AG, Arkema Group, BYK, Ampacet Corporation, PCC Group, Croda International Plc, BASF SE, Clariant AG, Lonza Group and Evonik Industries AG among others.

Acquisitions/Technology Launches

  • In January 2020, ProAmpac acquired Rosenbloom Groupe Inc., Hymopack Ltd. And Dyne-A-Pak, businesses based in Canada that manufatures packaging products. This acquisition facilitates the expansion of ProAmpac in the region.

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1. Packaging Coating Additives Market- Market Overview
    1.1 Definitions and Scope
2. Packaging Coating Additives Market - Executive Summary
    2.1 Key Trends by Type
    2.2 Key Trends by Formulation
    2.3 Key Trends by Function
    2.4 Key Trends by Application
    2.5 Key Trends by Geography
3. Packaging Coating Additives Market – Comparative analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Packaging Coating Additives Market - Startup companies Scenario Premium     Premium
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Packaging Coating Additives Market – Industry Market Entry Scenario Premium     Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Packaging Coating Additives Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. Packaging Coating Additives Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Packaging Coating Additives Market – By Type (Market Size -$Billion)
    8.1 Pigments
        8.1.1 Kaolin
        8.1.2 Calcium Carbonate
        8.1.3 Titanium Dioxide
        8.1.4 Others
    8.2 Binders
        8.2.1 Acrylic Emulsions
        8.2.2 SBR Latex
        8.2.3 Casein
        8.2.4 Others
    8.3 Dispersants
    8.4 Defoamers
    8.5 Lubricants
    8.6 Insolubilizers
    8.7 Antifoaming Agent
    8.8 Optical Brightening Agent
    8.9 Preservatives
    8.10 Others
9. Packaging Coating Additives Market – By Formulation (Market Size -$Billion)
    9.1 Waterborne
    9.2 Solvent-borne
    9.3 Powder-based
    9.4 Others
10. Packaging Coating Additives Market – By Function (Market Size -$Billion)
    10.1Antioxidants
    10.2 UV Stabilizers
    10.3 Anti-Static
    10.4 Clarifying Agents
    10.5 Anti-Block
    10.6 Anti-Fog
    10.7 Anti-Microbial
    10.8 Slip
    10.9 Others
11. Packaging Coating Additives Market - By Application (Market Size -$Billion)
    11.1 Food Packaging
    11.2 Beverage Packaging
    11.3 Personal Care and Cosmetics Packaging
    11.4 Household and Consumer Packaging
    11.5 Industrial Packaging
    11.6 Healthcare, Pharmaceuticals, and Nutraceuticals
12. Packaging Coating Additives Market - By Geography (Market Size -$Million/Billion)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 UK
        12.2.2 Germany
        12.2.3 France
        12.2.4 Italy
        12.2.5 Netherlands
        12.2.6 Spain
        12.2.7 Russia
        12.2.8 Belgium
        12.2.9 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 Japan
        12.3.3 India
        12.3.4 South Korea
        12.3.5 Australia and New Zeeland
        12.3.6 Indonesia
        12.3.7 Taiwan
        12.3.8 Malaysia
        12.3.9 Rest of APAC
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Colombia
        12.4.4 Chile
        12.4.5 Rest of South America
    12.5 Rest of the World
        12.5.1 Middle East
            12.5.1.1 Saudi Arabia
            12.5.1.2 U.A.E
            12.5.1.3 Israel
            12.5.1.4 Rest of the Middle East
        12.5.2 Africa
            12.5.2.1 South Africa
            12.5.2.2 Nigeria
            12.5.2.3 Rest of Africa
13. Packaging Coating Additives Market – Entropy
    13.1 New Product Launches
    13.2 M&As, Collaborations, JVs and Partnerships
14. Packaging Coating Additives Market – Market Share Analysis Premium
    14.1 Market Share at Global Level - Major companies
    14.2 Market Share by Key Region - Major companies
    14.3 Market Share by Key Country - Major companies
    14.4 Market Share by Key Application - Major companies
    14.5 Market Share by Key Product Type/Product category - Major companies
15. Packaging Coating Additives Market – Key Company List by Country Premium Premium
16. Packaging Coating Additives Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global Packaging Coating Additives Market By Function Market 2019-2024 ($M)
1.1 Anti-Block Market 2019-2024 ($M) - Global Industry Research
1.2 Anti-Fog Market 2019-2024 ($M) - Global Industry Research
1.3 Antimicrobial Market 2019-2024 ($M) - Global Industry Research
1.4 Antistatic Market 2019-2024 ($M) - Global Industry Research
1.5 Slip Market 2019-2024 ($M) - Global Industry Research
2.Global Packaging Coating Additives Market By Formulation Market 2019-2024 ($M)
2.1 Water-Based Market 2019-2024 ($M) - Global Industry Research
2.2 Solvent-Based Market 2019-2024 ($M) - Global Industry Research
2.3 Powder-Based Market 2019-2024 ($M) - Global Industry Research
3.Global Packaging Coating Additives Market By Function Market 2019-2024 (Volume/Units)
3.1 Anti-Block Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Anti-Fog Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Antimicrobial Market 2019-2024 (Volume/Units) - Global Industry Research
3.4 Antistatic Market 2019-2024 (Volume/Units) - Global Industry Research
3.5 Slip Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Packaging Coating Additives Market By Formulation Market 2019-2024 (Volume/Units)
4.1 Water-Based Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Solvent-Based Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Powder-Based Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Packaging Coating Additives Market By Function Market 2019-2024 ($M)
5.1 Anti-Block Market 2019-2024 ($M) - Regional Industry Research
5.2 Anti-Fog Market 2019-2024 ($M) - Regional Industry Research
5.3 Antimicrobial Market 2019-2024 ($M) - Regional Industry Research
5.4 Antistatic Market 2019-2024 ($M) - Regional Industry Research
5.5 Slip Market 2019-2024 ($M) - Regional Industry Research
6.North America Packaging Coating Additives Market By Formulation Market 2019-2024 ($M)
6.1 Water-Based Market 2019-2024 ($M) - Regional Industry Research
6.2 Solvent-Based Market 2019-2024 ($M) - Regional Industry Research
6.3 Powder-Based Market 2019-2024 ($M) - Regional Industry Research
7.South America Packaging Coating Additives Market By Function Market 2019-2024 ($M)
7.1 Anti-Block Market 2019-2024 ($M) - Regional Industry Research
7.2 Anti-Fog Market 2019-2024 ($M) - Regional Industry Research
7.3 Antimicrobial Market 2019-2024 ($M) - Regional Industry Research
7.4 Antistatic Market 2019-2024 ($M) - Regional Industry Research
7.5 Slip Market 2019-2024 ($M) - Regional Industry Research
8.South America Packaging Coating Additives Market By Formulation Market 2019-2024 ($M)
8.1 Water-Based Market 2019-2024 ($M) - Regional Industry Research
8.2 Solvent-Based Market 2019-2024 ($M) - Regional Industry Research
8.3 Powder-Based Market 2019-2024 ($M) - Regional Industry Research
9.Europe Packaging Coating Additives Market By Function Market 2019-2024 ($M)
9.1 Anti-Block Market 2019-2024 ($M) - Regional Industry Research
9.2 Anti-Fog Market 2019-2024 ($M) - Regional Industry Research
9.3 Antimicrobial Market 2019-2024 ($M) - Regional Industry Research
9.4 Antistatic Market 2019-2024 ($M) - Regional Industry Research
9.5 Slip Market 2019-2024 ($M) - Regional Industry Research
10.Europe Packaging Coating Additives Market By Formulation Market 2019-2024 ($M)
10.1 Water-Based Market 2019-2024 ($M) - Regional Industry Research
10.2 Solvent-Based Market 2019-2024 ($M) - Regional Industry Research
10.3 Powder-Based Market 2019-2024 ($M) - Regional Industry Research
11.APAC Packaging Coating Additives Market By Function Market 2019-2024 ($M)
11.1 Anti-Block Market 2019-2024 ($M) - Regional Industry Research
11.2 Anti-Fog Market 2019-2024 ($M) - Regional Industry Research
11.3 Antimicrobial Market 2019-2024 ($M) - Regional Industry Research
11.4 Antistatic Market 2019-2024 ($M) - Regional Industry Research
11.5 Slip Market 2019-2024 ($M) - Regional Industry Research
12.APAC Packaging Coating Additives Market By Formulation Market 2019-2024 ($M)
12.1 Water-Based Market 2019-2024 ($M) - Regional Industry Research
12.2 Solvent-Based Market 2019-2024 ($M) - Regional Industry Research
12.3 Powder-Based Market 2019-2024 ($M) - Regional Industry Research
13.MENA Packaging Coating Additives Market By Function Market 2019-2024 ($M)
13.1 Anti-Block Market 2019-2024 ($M) - Regional Industry Research
13.2 Anti-Fog Market 2019-2024 ($M) - Regional Industry Research
13.3 Antimicrobial Market 2019-2024 ($M) - Regional Industry Research
13.4 Antistatic Market 2019-2024 ($M) - Regional Industry Research
13.5 Slip Market 2019-2024 ($M) - Regional Industry Research
14.MENA Packaging Coating Additives Market By Formulation Market 2019-2024 ($M)
14.1 Water-Based Market 2019-2024 ($M) - Regional Industry Research
14.2 Solvent-Based Market 2019-2024 ($M) - Regional Industry Research
14.3 Powder-Based Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Packaging Coating Additives Market Revenue, 2019-2024 ($M)
2.Canada Packaging Coating Additives Market Revenue, 2019-2024 ($M)
3.Mexico Packaging Coating Additives Market Revenue, 2019-2024 ($M)
4.Brazil Packaging Coating Additives Market Revenue, 2019-2024 ($M)
5.Argentina Packaging Coating Additives Market Revenue, 2019-2024 ($M)
6.Peru Packaging Coating Additives Market Revenue, 2019-2024 ($M)
7.Colombia Packaging Coating Additives Market Revenue, 2019-2024 ($M)
8.Chile Packaging Coating Additives Market Revenue, 2019-2024 ($M)
9.Rest of South America Packaging Coating Additives Market Revenue, 2019-2024 ($M)
10.UK Packaging Coating Additives Market Revenue, 2019-2024 ($M)
11.Germany Packaging Coating Additives Market Revenue, 2019-2024 ($M)
12.France Packaging Coating Additives Market Revenue, 2019-2024 ($M)
13.Italy Packaging Coating Additives Market Revenue, 2019-2024 ($M)
14.Spain Packaging Coating Additives Market Revenue, 2019-2024 ($M)
15.Rest of Europe Packaging Coating Additives Market Revenue, 2019-2024 ($M)
16.China Packaging Coating Additives Market Revenue, 2019-2024 ($M)
17.India Packaging Coating Additives Market Revenue, 2019-2024 ($M)
18.Japan Packaging Coating Additives Market Revenue, 2019-2024 ($M)
19.South Korea Packaging Coating Additives Market Revenue, 2019-2024 ($M)
20.South Africa Packaging Coating Additives Market Revenue, 2019-2024 ($M)
21.North America Packaging Coating Additives By Application
22.South America Packaging Coating Additives By Application
23.Europe Packaging Coating Additives By Application
24.APAC Packaging Coating Additives By Application
25.MENA Packaging Coating Additives By Application
26.Croda International PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.BASF SE, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Clariant AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Lonza Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.3M, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Arkema Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Evonik Industries AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Solvay S.A., Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Akzo Nobel N.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)