Global Industrial Drums Market Overview:
The analysis of the Global Industrial Drums market encompasses various aspects including price trends of target brands, market insights from other countries, findings from clinical trials and literature research, examination of the refurbished market, and product base analysis. Additionally, services such as target rival market analysis covering technology research and market portfolio strategies are included. The study incorporates an extensive competitor analysis to reflect the current market scenario.
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Market Scope:
This research provides annual projections up to 2027 and offers insights into the major end users of the Global Industrial Drums market. It evaluates the revenue, sales, and growth rate of the Global Industrial Drums market globally.
Dynamics:
Chemicals and fertilizers, as well as petroleum lubricants, have all been packaged in industrial barrels. Furthermore, the packaging sector is increasing its use of industrial drums. The package manufacturers are concentrating on recycling, downgauging, pack size optimization, and safety. Many firms and businesses can benefit from the advantages offered by industrial drums to efficiently manage sustainability goals.
Increased cross-continent trading among end-users such as petroleum and chemicals, among others, is also projected to drive market development.
Segmentation:
By Product Type, 2019-2026
Steel Drums
Plastic Drums
Fiber Drums
By End-user Industry, 2019-2026
Food and Beverage
Chemical and Fertilizers
Petroleum and Lubricants
Other End-user Industries
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Key Players: The prominent players in the market are:
• Greif, Inc.
• Sicagen India Ltd.
• Balmer Lawrie & Co. Ltd.
• Time Technoplast Ltd.
• SCHUTZ GmbH & Co. KGaA
• Mauser Group NV
• Industrial Container Services LLC
• TPL Plastech Ltd
• Eagle Manufacturing Company
• U. S. Coexcell, Inc.
• North Coast Container Corp.
• Rahway Steel Drum Co, Inc.
• General Steel Drum LLC
• Izvar Ambalaj Sanayi VE Ticaret AS
• Chicago Steel Container Corp.
• Other Key Players
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Regional Analysis: The regional analysis of the Global Industrial Drums market includes factors influencing individual markets and legislative changes affecting current and future trends. Projections for different countries are based on factors such as consumption patterns, production volumes and sites, import-export trends, price analysis, and value chain analysis.
The report covers the following regions:
• North America (United States, Canada)
• European Union (Germany, France, United Kingdom, Russia)
• Asia-Pacific (China, Japan, Korea, India, Southeast Asia, Australia) • Latin America (Brazil, Argentina, Colombia)
• Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)
Key Questions Addressed:
• What emerging trends are expected in the Global Industrial Drums market during the forecast period?
• What will be the size of the Global Industrial Drums market by 2027?
• Which company held the largest market share in 2020?