The plastic drums market is poised for significant growth, driven by the suitability of plastic drums for liquid packaging and their inert nature towards chemicals, oils, and lubricants. Offering versatility through various color options and easy printing capabilities, plastic drums emerge as a convenient choice for both manufacturers and consumers alike. The escalating demand for packaged food is set to fuel the expansion of the plastic drums market, while advancements in recycling and biodegradable packaging further contribute to its growth. As plastic remains a predominant material in rigid bulk packaging, continuous innovation in plastic drum design opens avenues for reduced weight without compromising strength, promising a sustainable and efficient packaging solution.
The surging demand in the Asia Pacific region, particularly from the chemical and pharmaceutical sectors, is set to be a major catalyst for the plastic drums market. As the Asia Pacific region positions itself to dominate the global plastic drums market, there is a notable uptick in the adoption of these containers. In Europe and North America, the plastic drums market is anticipated to experience substantial growth, driven by the increasing acceptance of plastic drums within the rigid packaging industry. The Middle East and Africa region offer promising opportunities for the global plastic drums market during the forecast period. As industries in these regions undergo expansion, the necessity for efficient storage and transportation solutions intensifies, fostering the demand for plastic drums and contributing to the overall market growth.
The plastic drums market is on the brink of a significant upswing due to the suitability of plastic drums for liquid packaging. Furthermore, plastic drums exhibit a general resistance to the chemicals, oils, and lubricants contained within them. The availability of various color options and the ease of printing on plastic drums make them convenient for both manufacturers and consumers alike.
Request Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-7217
Plastic Drums Market: Key players
Some of the key players operating in the global plastic drums market are –
- Greif, Inc.
- FDL Packaging Group
- Industrial Container Services, Inc.
- Sonoco Products Company
- SCHÜTZ GmbH & Co. KGaA
- Mauser Group B.V.
- E-Con Packaging Pvt Ltd
- Delta Containers Direct Limited
Applications of Plastic Drum Containers
Plastic drum containers serve as reliable storage solutions across various industries due to their robustness and adaptability. Some prominent applications include:
- Chemical Industry: Plastic drums are commonly used to store and transport chemicals, solvents, and hazardous materials safely.
- Food and Beverage: These drums are suitable for storing bulk quantities of food ingredients, oils, syrups, and beverages.
- Agriculture: Plastic drums find use in storing fertilizers, pesticides, and agricultural chemicals.
- Pharmaceuticals: Pharmaceutical companies rely on plastic drums to store and distribute pharmaceutical intermediates and active ingredients.
- Paint and Coatings: The industry benefits from the airtight and leak-proof properties of plastic drums for storing paints and coatings.
Another trend in the plastic drums market is the increasing use of automation and technology. With the rise of Industry 4.0 and the growing demand for efficient and cost-effective manufacturing processes, many plastic drum manufacturers are turning to automation to streamline their production and improve their efficiency. This has led to the development of new technologies, such as automated blow molding machines and robotics, that can help manufacturers produce plastic drums more quickly and efficiently.
In conclusion, the plastic drums market is an important component of the packaging industry, with increasing demand from various industries such as chemical, food and beverage, and pharmaceuticals. The market is highly competitive, with a large number of players operating in the space, and is characterized by trends such as the growing demand for sustainable packaging solutions and the increasing use of automation and technology.
Buy Now/Purchase: https://www.futuremarketinsights.com/checkout/7217
Key Segmentations
Globally the Plastic drums market is segmented on the basis of material type, head type, capacity and end – use industry which are further segmented as –
On the basis of material type
- Polyethylene (PE)
- LDPE
- LLDPE
- HDPE
- Polypropylene (PP)
- Others
On the basis of head type
- Open head
- Tight head
On the basis of capacity
- Less than 10 gallons
- 10-30 gallons
- 30-55 gallons
- 55 gallons and above
On the basis of end – use industry, the global plastic drums market is segmented as –
- Food & Beverages
- Chemical & Petrochemicals
- Building and Construction
- Agriculture
- Pharmaceuticals
- Oil and lubricants
- Others
Request Report Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-7217
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
