Global Plastic Drums Market, By Material Type (Polyethylene, Polypropylene, Others), Head Type (Open Head, Tight Head), Capacity (Less Than 10 Gallons, 10-30 Gallons, 30-55 Gallons, 55 Gallons And Above), End User (Food & Beverages, Chemical and Petrochemicals, Building and Construction, Agriculture, Pharmaceuticals, Oil and lubricants, Others), Country (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) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Plastic Drums Market
The plastic drums market will register the growth at a rate of 7.9% for the forecast period of 2021 to 2028. The plastic drums market report analyses the growth, which is currently being growing due to the rising adoption of biodegradable materials.
Plastic drums are utilized for the transportation and storage of industrial products which needs an appropriate handling of the filling product. Plastic drums can be made up of high-density polyethylene or polypropylene.
Major factors that are expected to boost the growth of the plastic drums market in the forecast period are the easy accessibility of the raw material, the growing government guidelines for the adoption of biodegradable material. Furthermore, the increasing acceptance of plastic drums over conventional drums in the advancing countries and the increasing demand for packed food amongst the population are anticipated to further propel the growth of the plastic drums market in the timeline period.
On the other hand, the growing consciousness regarding the environmental degradation and the plastic has a tendency of degradation eventually with time because of the aspects such as the excessive light or denting are few of the factors that are estimated to impede the growth of the plastic drums market in the near future.
This plastic drums 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 the plastic drums market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Plastic Drums Market Scope and Market Size
The plastic drums market is segmented on the basis of material type, head type, capacity and end user. 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.
- On the basis of material type, the plastic drums market is segmented into polyethylene, polypropylene, others.
- On the basis of head type, the plastic drums market is segmented into open head, tight head.
- On the basis of capacity, the plastic drums market is segmented into less than 10 gallons, 10-30 gallons, 30-55 gallons, 55 gallons and above.
- On the basis of end user, the plastic drums market is segmented into food and beverages, chemical and petrochemicals, building and construction, agriculture, pharmaceuticals, oil and lubricants, others.
Plastic Drums Market Country Level Analysis
The plastic drums market is analysed and market size, volume information is provided by country, material type, head type, capacity and end user as referenced above.
The countries covered in the plastic 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 plastic drums market due to plastic drums offer various advantages such as re-usability and cost-efficiency. Furthermore, the shipping industry to transport large volume products will further boost the growth of the plastic drums market in the region during the forecast period. Asia Pacific projected to observe significant amount of growth in the plastic drums market due to the increase in the demand for petrochemicals. Moreover, the cost efficiency of plastic is offering convenience to the customers is further anticipated to propel the growth of the plastic drums market in the region in the coming years.
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.
Competitive Landscape and Plastic Drums Market Share Analysis
The plastic 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 plastic drums market.
The major players covered in the plastic drums market report are Grief, BWAY Corporation, SCHÜTZ GmbH & Co. KGaA, U.S. COEXCELL INC., KODAMA PLASTICS Co., Ltd., Interplastica Pvt. Ltd., RPC Promens, Orlando Drum & Container Corporation, CL Smith, GREAT WESTERN CONTAINERS INC., TPL Plastech Limited, Curtec International B.V., Vallero International Srl, REMCON Plastics Inc., Hazmatpac, Inc., Industrial Container Services, AST Kunststaoffverarbeitung, The Cary Company., U.S. Plastic Corp., Uline, Quality Custom Plastic Moulding, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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