Bisphenol-A (BPA) is an estrogen-like chemical used in the manufacture of reusable plastic products. A BPA-free product is one that is made without the use of the organic compound Bisphenol A. Because of its high lead content, BPA has the potential to cause a variety of health problems, including cancer. Since BPA-based cans have an adverse effect on health and food safety, demand for BPA-free cans is growing.
MARKET DYNAMICS
Rising awareness about health and food safety is expected to propel the BPA-free cans market forward. The use of BPA-free cans is increasing in end-use industries such as cosmetics and personal care, pharmaceuticals, and food and beverages, which is propelling the BPA-free cans market forward. The demand for BPA-free cans is also being fueled by various governments taking strict measures against the use of BPA-based products. BPA, on the other hand, is a significant component of the industrial chemical. Since BPA prevents corrosion, it is thought to be the simplest chemical to use in the production of cans. As a result, many industries' preference for BPA is likely to stifle the demand for BPA-free cans in the near future.
MARKET SCOPE
The "Global BPA Free Cans Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the BPA free cans market with detailed market segmentation by material type and end use industry. The global BPA free cans market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading BPA free cans market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
By Material Type
- Plastic
- Aluminium
- Steel
By End Use Industry
- Food and Beverage
- Pharmaceuticals
- Personal and Home care
- Others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global BPA free cans market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The BPA free cans market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the BPA free cans market from both the demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the BPA free cans market in these regions.
MARKET PLAYERS
The report covers vital developments in the BPA free cans market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market payers from the BPA free cans market are anticipated to lucrative growth opportunities in the future with the rising demand for BPA free cans in the global market. Below mentioned is the list of few companies engaged in the BPA free cans market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the BPA free cans market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- CPMC Holdings Limited
- KANGNAM JEVISCO CO., LTD.
- Kian Joo Can Factory Berhad
- The Sherwin-Williams Company
- Silgan Containers LLC
- CCL Industries
- Ardagh Group
- Toyo Seikan Co. Ltd.
- CAN-PACK Group
- PPG Industries Inc.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.