TABLE OF CONTENTS
SECTION PAGE
INTRODUCTION x
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
Macroeconomic Overview 5
Population & Household Trends 7
Personal Consumption Expenditures 10
Nondurable Goods Manufacturing Outlook 11
Packaging Industry Overview 12
Paper & Paperboard Packaging Industry Overview 14
Plastic Packaging Industry Overview 16
Metal Packaging Industry Overview 18
Glass Packaging Industry Overview 20
Flexible Packaging Industry Overview 22
Environmental Legislation & Regulatory Considerations 24
Technology 29
Competitive Products 30
Historical Market Trends 32
Pricing Trends 35
US Foreign Trade 37
International Markets 38
III. OVERVIEW 40
General 40
Demand by Value 41
Demand by Volume 43
Demand by Substrate 45
Demand by Packaging Type 48
Rigid Packaging 51
Metal Containers 53
Paperboard Containers 56
Plastic Containers 58
Glass & Other Containers 62
Flexible Packaging 64
IV. PACKAGING COATINGS 67
General 67
Demand by Formulation 69
Water-Based 70
Solvent-Based 71
Radiation-Cured 71
Powder 73
Demand by Polymer 74
Demand by Substrate 77
Demand by Packaging Type 80
Rigid Packaging 82
Metal Containers 84
Paperboard Containers 90
Plastic Containers 96
Glass & Other Rigid Containers 98
Flexible Packaging 100
Suppliers & Market Share 104
V. PACKAGING ADDITIVES 106
General 106
Demand by Type 107
Antistatic Agents 109
Stabilizers 111
Clarifiers 113
Brightening Agents 115
Other Additives 116
Impact Modifiers 117
Antimicrobial Agents 118
Antioxidants 120
Oxygen Scavengers 121
Miscellaneous Additives 123
Additives Demand by Substrate 124
Demand by Packaging Type 125
Rigid Packaging 128
Plastic Containers 130
Paperboard & Other Containers 131
Flexible Packaging 132
Suppliers & Market Share 133
VI. INDUSTRY STRUCTURE 136
General 136
Market Share 137
Competitive Strategies 141
Acquisitions, Divestitures & Industry Restructuring 142
Joint Ventures & Other Cooperative Agreements 145
Marketing & Distribution 147
Manufacturing 149
Research & Development 149
Company Profiles 150
Akcros Chemicals, see Akzo Nobel NV
Akzo Nobel NV 152
AlliedSignal Incorporated, see Honeywell International
American Acryl, see Total Fina Elf SA
Atofina Chemicals Incorporated, see Total Fina Elf SA
BASF AG 153
Benjamin Moore & Company, see Berkshire Hathaway
Berkshire Hathaway Incorporated 155
Big Flower Holdings Incorporated, see Vertis
BP plc 156
Chevron Phillips Chemical Company LP 157
Ciba Specialty Chemicals Incorporated 158
CK Witco Corporation, see Crompton Corporation
Clariant International Limited 160
Craig Adhesives and Coatings Company, see Vertis
Crompton Corporation 161
Crown Cork & Seal Company Incorporated 162
Cryovac Incorporated, see Sealed Air Corporation
Dainippon Ink and Chemicals Incorporated 163
Darex Container Products, see Grace (WR) & Company
Dow Chemical Company 165
Dow Corning Corporation 168
Eastman Chemical Company 169
Elf Aquitaine, see Total Fina Elf SA
Enviro-Coatings Canada Limited 171
Flexible Products Company, see Dow Chemical
Foster-Miller Incorporated 173
General Latex and Chemical Corporation, see Dow
Chemical
Georgia-Pacific Corporation 174
Grace (WR) & Company 175
Great Lakes Chemical Corporation 176
Honeywell International Incorporated 177
ICI Paints North America, see Imperial Chemical
Industries
Imperial Chemical Industries plc 178
Lawter International Incorporated, see Eastman Chemical
McWhorter Technologies Incorporated, see Eastman
Chemical
Michelman Incorporated 180
Milliken & Company 181
Northwest Coatings Corporation 182
OMNOVA Solutions Incorporated 183
Pactiv Corporation 184
Pierce & Stevens Corporation, see Sovereign Specialty
Chemicals Incorporated
PPG Industries Incorporated 184
Raffi & Swanson Incorporated 186
Reichhold, see Dainippon Ink and Chemicals
Rohm and Haas Company 186
Sealed Air Corporation 188
Sovereign Specialty Chemicals Incorporated 189
Sun Chemical Corporation, see Dainippon Ink
and Chemicals
Superex Polymers Incorporated, see Foster-Miller
Technical Coatings Company, see Berkshire Hathaway
Total Fina Elf SA 191
Union Carbide Corporation, see Dow Chemical
Uniqema, see Imperial Chemical Industries plc
Valspar Corporation 193
Vertis Incorporated 195
Watson-Standard Corporation 196
Webcraft Incorporated, see Vertis Incorporated
Wikoff Color Corporation 197
Witco Corporation, see Crompton Corporation
Other Companies Mentioned in Study 199
LIST OF TABLES
TABLE NUMBER PAGE
SECTION I
Summary Table 3
SECTION II
1 Macroeconomic Overview 7
2 Population & Household Trends 9
3 Personal Consumption Expenditures 11
4 Nondurable Goods Manufacturing Outlook 12
5 Packaging Shipments 14
6 Paper & Paperboard Packaging Shipments 16
7 Plastic Container Shipments 18
8 Metal Can Shipments by Type & Material 19
9 Glass Container Production 21
10 Flexible Packaging Demand 24
11 Historical Market Trends in Packaging Coatings & Additives 34
12 Pricing Trends in Packaging Coatings & Additives 36
SECTION III
1 Packaging Coatings & Additives Demand by Value 43
2 Packaging Coatings & Additives Demand by Volume 45
3 Coatings & Additives Demand by Packaging Substrate 47
4 Coatings & Additives Demand by Packaging Type 50
5 Rigid Packaging: Coatings & Additives Demand by Type
& Substrate 53
6 Metal Containers: Coatings Demand 55
7 Paperboard Containers: Coatings & Additives Demand 58
8 Advantages & Disadvantages of Selected Plastic
Packaging Resins 59
9 Plastic Containers: Coatings & Additives Demand
by Type & Container Type 62
10 Glass & Other Rigid Containers: Coatings Demand 64
11 Flexible Packaging: Coatings & Additives Demand
by Type & Substrate 66
SECTION IV
1 Packaging Coatings Demand 68
2 Packaging Coatings Demand by Formulation 70
3 Packaging Coatings Demand by Polymer 77
4 Packaging Coatings Demand by Substrate 79
5 Coatings Demand by Packaging Type 82
6 Rigid Packaging: Coatings Demand by Substrate 84
7 Metal Containers: Coatings Demand by Polymer
& Container Type 87
8 Metal Cans: Coatings Demand by Polymer & Material 89
9 Paperboard Containers: Coatings Demand
by Polymer, Function & Packaging Type 92
10 Plastic Containers: Coatings Demand by Polymer
& Container Type 98
11 Glass & Other Rigid Containers: Coatings Demand
by Polymer & Function 100
12 Flexible Packaging: Coatings Demand by Polymer & Substrate 103
SECTION V
1 Packaging Additives Demand 107
2 Packaging Additives Demand by Type 109
3 Antistatic Agents Demand by Packaging Type 111
4 Stabilizer Demand by Type & Packaging Type 113
5 Clarifier Demand by Packaging Type 114
6 Brightening Agent Demand by Packaging Type 116
7 Other Packaging Additives Demand 117
8 Impact Modifier Demand by Packaging Type 118
9 Antimicrobial Agent Demand by Substrate 120
10 Antioxidant Demand 121
11 Oxygen Scavenger Demand 123
12 Miscellaneous Packaging Additive Demand 124
13 Packaging Additives Demand by Substrate 125
14 Additives Demand by Packaging Type 128
15 Rigid Packaging: Additives Demand by Substrate 130
16 Plastic Containers: Additives Demand 131
17 Paperboard & Other Containers: Additives Demand 132
18 Flexible Packaging: Additives Demand by Substrate 133
SECTION VI
1 Estimated US Packaging Coatings & Additives Sales
by Company, 2000 140
2 Selected Acquisitions & Divestitures 143
3 Selected Cooperative Agreements 146
LIST OF CHARTS
CHART NUMBER PAGE
SECTION II
1 Market Trends in Packaging Coatings & Additives 35
SECTION III
1 Coatings & Additives Demand by Packaging Substrate, 2000 48
2 Coatings & Additives Demand by Packaging Type, 2000 51
SECTION IV
1 Market Share for Packaging Coatings in the US, 2000 105
SECTION V
1 Market Share for Packaging Additives in the US, 2000 135
SECTION VI
1 US Packaging Coatings & Additives Sales by Company, 2000 139
