Plastic drums are defined as the containers which are used for effectively store and transport industrial items, which requires strong maintenance and handling of the filling product. Such drums are composed of high-density polyethylene or polypropylene. However, polyethylene is one of the major raw material used for production of plastic drums.
MARKET DYNAMICS
The plastic drums market has witnessed a significant growth owing to factors such as rising trade of industrial goods. Moreover, cost effectiveness along with convenience is likely to propel the demand and would provide a huge market opportunity for the key players operating in the plastic drums market. However, stringent government regulations inposed upon the use of plastic is projected to hamper the overall growth of the plastic drums market.
MARKET SCOPE
The "Global Plastic Drums Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the plastic drums market with detailed market segmentation by material type and end use industry and geography. The global plastic drums market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading plastic drums market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global plastic drums market is segmented on the basis of material type and end use industry. On the basis of material type, the plastic drums market is segmented into Polyethylene (PE), LDPE, LLDPE, HDPE, Polypropylene (PP) and others. On the basis of end use industry, the plastic drums market is segmented into food and beverages, chemical and petrochemicals, building and construction, agriculture, pharmaceuticals and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global plastic drums market based on various segments. It also provides marketsize and forecast estimates from the year 2018to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Plastic drums market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the plastic drums market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Plastic drums market in these regions.
MARKET PLAYERS
The reports cover key developments in the plastic drums market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The marketpayers from plastic drums market is anticipated to lucrative growth opportunities in the future with the rising demand for plastic drums in the global market. Below mentioned is the list of few companies engaged in the Plastic drums market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the plastic drums market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AST Plastic Containers
- CurTec Holdings B.V.
- Delta Containers Direct Limited
- E-Con Packaging Pvt Ltd
- FDL Packaging Group
- Greif, Inc.
- Industrial Container Services, Inc.
- Mauser Group B.V.
- SCH?TZ GmbH & Co. KGaA
- Sonoco Products Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.