Global Bulk Chemical Drums Market Segmentation, By Capacity Type (100-250 Liters, 250-500 Liters, Over 500 Liters), End-Use Packaging (Consumer Chemicals, Specialty Chemicals, Polymers, Basic Inorganic Chemicals, Petrochemicals) - Industry Trends and Forecast to 2031.
Global Bulk Chemical Drums Market Size
Global bulk chemical drums market size was valued at USD 11.81 billion in 2023 and is projected to reach USD 20.59 billion by 2031, with a CAGR of 7.20% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
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Attributes
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Bulk Chemical Drums Key Market Insights
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Segmentation
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By Capacity Type: 100-250 Liters, 250-500 Liters, Over 500 Liters
By End-Use Packaging: Consumer Chemicals, Specialty Chemicals, Polymers, Basic Inorganic Chemicals, Petrochemicals
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Key Market Players
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TPL Plastech Limited, DS Smith, Greif., CL Smith, SCHÜTZ GmbH & Co. KGaA., Berry Global Inc., BWAY Corporation, Industrial Container Services, Sonoco Products Company, The Cary Company., Milford Barrel., Enviro-Pak, Inc., International Paper., Sealed Air, Hoover Ferguson Group, Inc, Orlando Drum & Container Corporation, Snyder Industries
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Global Bulk Chemical Drums Market Dynamics
Increasing preferences towards higher valve container for storage of large volume of chemicals, rising national as well as international bulk chemical trade, growing number of applications from emerging economies along with adoption of advanced packaging solutions which will likely to enhance the growth of the bulk chemical drums market in the forecast period of 2023-2031. One of the major factor contributing in the growth and create various opportunities in the growth of the market is the identification of potential resources.
Increasing prices of raw materials along with trade restrictions in importing goods could restrict the growth of the bulk chemical drums market in the above mentioned forecast period.
This market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Bulk Chemical Drums Market Scope
Bulk chemical drums market is segmented on the basis of capacity type and end-use packaging. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
Capacity Type
- 100-250 liters
- 250-500 liters
- Over 500 liters
End-Use Packaging
- Consumer chemicals
- Polymers
- Specialty chemicals
- Basic inorganic chemicals
- Petrochemicals
Bulk Chemical Drums Market Regional Analysis
Bulk chemical drums market is analyzed and market size, volume information is provided by country, capacity type, and end-use packaging as referenced above.
The countries covered in the bulk chemical drums market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the bulk chemical drums market due to the increasing demand of bulk chemicals in the U.S. while Asia-Pacific region is expected to hold the largest growth rate due to the growing potential for market players to unleash the market demand.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Bulk Chemical Drums Market Share
Bulk chemical drums market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bulk chemical drums market.
Bulk Chemical Drums Market Leaders Operating in the Market Are:
- TPL Plastech Limited
- DS Smith
- Greif.
- CL Smith
- SCHÜTZ GmbH & Co. KGaA.
- Berry Global Inc.
- BWAY Corporation
- Industrial Container Services
- Sonoco Products Company
- The Cary Company.
- Milford Barrel.
- Enviro-Pak, Inc.
- International Paper.
- Sealed Air
- Hoover Ferguson Group, Inc
- Orlando Drum & Container Corporation
- Snyder Industries
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