Industrial Bulk Chemical Packaging Market

Bulk Chemical Packaging Market: Growth in Intercontinental Trade of Industrial Chemicals Fuelling Demand: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027

  • 2018-12-14
  • REP-GB-8138
  • 160 pages
  • PDF PPT EXCEL
 Industrial Bulk Chemical Packaging Market

An Incisive, In-depth Analysis on the Industrial Bulk Chemical Packaging Market

This study offers a comprehensive, 360 degree analysis on the Industrial Bulk Chemical Packaging market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Industrial Bulk Chemical Packaging market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Bulk Chemical Packaging Market Analysis: More than 30% of the Revenue to Be Generated by the Speciality Chemicals Segment in 2018, Which Is Expected to Increase Further by the End of 2027

The global market for Bulk Chemical Packaging was valued at US$ 9,498.3 Mn in 2017 and is projected to expand at a CAGR of 6.8% during the forecast period (2018-2027).

In terms ofproduct type, the drums segment is expected to be the most attractive product segment in the Bulk Chemical Packaging market across the globe. Increase in the manufacturing sector is subsequently creating demand for Bulk Chemical Packaging. There is a high co-correlation between industrial output and demand for industrial packaging. Stabilised manufacturing sector output has enhanced the demand for Bulk Chemical Packaging. The Asia Pacific excluding Japan (APEJ) Bulk Chemical Packaging market is expected to lead the global Bulk Chemical Packaging market.

Bulk Chemical Packaging Market: Drivers & Restraints

The increase in the application of larger, higher-value containers is expected to fuel the growth of the global Bulk Chemical Packaging manufacturers. The global trade of industrial bulk chemical products has increased three-fold over the past two decades. Adoption of Bulk Chemical Packaging solutions among the chemical industry users has resulted in a spur in demand. Despite the positive factors, there are certain factors which hinder the growth of the global Bulk Chemical Packaging market. Fluctuating raw material prices have led to an increase in the prices of bulk containers. Moreover, the lack of imports is limiting the supply of raw materials, resulting in delayed deliveries, and increasing raw material prices. As a result, the profitability of the Bulk Chemical Packaging manufacturers is limited.

Bulk Chemical Packaging Market: Taxonomy

The global market for Bulk Chemical Packaging is segmented by product type, capacity type, and end-use packaging applications.

By product type, the global Bulk Chemical Packaging market is segmented into:

  • Drums

  • IBC’s

  • Flexitanks & Others

By capacity type, the global Bulk Chemical Packaging market is segmented into:

  • 100-250 liters

  • 250-500 liters

  • Above 500 liters

By end-use packaging applications, the global Bulk Chemical Packaging market is segmented into:

  • Consumer Chemicals

  • SpecialtyChemicals

  • Basic Inorganic Chemicals

  • Polymers

  • Petrochemicals

By product type, the drums segment is expected to drive the global Bulk Chemical Packaging market, in terms of revenue during the forecast period. As per the volumetric analysis, by capacity, the 100-250 liters type is expected to dominate the global Bulk Chemical Packaging market. Bulk Chemical Packaging is gaining popularity due to its wide end-use packaging applications in consumer chemicals and specialty inorganic chemicals. Initiatives by global companies will further encourage consumers to use Bulk Chemical Packaging products. Bulk Chemical Packaging companies have gained significant opportunities during the forecast period.

Bulk Chemical Packaging Market: Key Developments

  • On April 11, 2017, Mauser Group launched a skin liner barrier technology for its rigid plastics packaging solutions.

  • In August 2017, Industrial Container Services, LLC acquired Buckner Barrel Sales Corporation.

  • In August 2017, Industrial Container Services, LLC acquired Buckner Barrel Sales Corporation.

  • In December 2015, Industrial Container Services, LLC acquired the Minneapolis/St. Paul-based businesses of Twin City Container, Inc.

Bulk Chemical Packaging Market: Acquisitions

  • On 4 May 2015, Mauser group acquired Grief Plastic Drums and IBC businesses in Brazil.

  • On April 01, 2015, Mauser announced the acquisition of IBC NA and Clean Tide Container to expand its footprint in the United States.

Bulk Chemical Packaging Market: Competitive Landscape

Among the key regional markets, the APEJ Bulk Chemical Packaging market is projected to exhibit relatively higher growth in the global Bulk Chemical Packaging market and will grow at a CAGR of over 6.8% during the forecast period. Revenue from the Bulk Chemical Packaging markets in North America and Europe is expected to collectively account for over 38.2% of the global Bulk Chemical Packaging market revenue in 2018.

In the global Bulk Chemical Packagingmarket report, we have discussed individual strategies followed by the company profiles. The ‘Competitive Landscape’ section is included in the global Bulk Chemical Packaging market report to provide report audience with a dashboard view and company share analysis of the top manufacturers operating in the global Bulk Chemical Packaging market report.

Key players operating in the global market for Bulk Chemical Packaging include Grief Inc., C.L.Smith Company, Schutz Container Systems, Inc., Mauser Group B.V., Industrial Container Services (ICS), Sonoco Product Company , Three Rivers Packaging Inc., TPL Plastech Ltd., Milford Barrel Co. Inc., Enviro-Pak Inc., Orlando Drum & Container Corporation, Fibrestar Drums Limited, Great Western Containers Inc., Patrick J. Kelly Drums, Inc., International Paper Company, Berry Global Inc., Sealed Air Corporation, DS Smith Plc., Hoover Ferguson Group, and Synder Industries Inc.

In this report, Future Market Insights (FMI) offers a 9-year forecast of the global bulk chemical packaging market between 2018 and 2027. In terms of value, the global bulk chemical packaging market is expected to expand at a CAGR of 6.8% during the forecast period. The study reveals market dynamics in six geographic segments along with bulk chemical packaging market analysis for the current market environment and future scenario over the forecast period.

Report Description

This Future Market Insights report studies the global bulk chemical packaging market for the period 2018–2027. The prime objective of the global bulk chemical packaging market is to offer insights and key market trends pertaining to the global bulk chemical packaging market that are gradually helping transform global businesses.

The global bulk chemical packaging market report begins with an executive summary for various categories and their share in the chemical packaging market. It is followed by market dynamics and an overview of the global bulk chemical packaging market, which includes FMI analysis of market drivers, restraints, and trends that are affecting the growth of the bulk chemical packaging market. Furthermore, to understand the popularity of the market segment, an attractiveness index and BPS analysis with elaborated insights on the same is provided, which will show the market’s attractiveness based on factors such as CAGR and incremental opportunity. To show the performance of the bulk chemical packaging market in each country and region, BPS and Y-o-Y growth analysis of bulk chemical packaging are provided.

The global market for bulk chemical packaging is further segmented as per product type, capacity type, and end-use packaging applications. On the basis of product type, the global bulk chemical packaging market is segmented into drums, IBC’S, and flexi tanks & others. On the basis of capacity type, the global bulk chemical packaging market is segmented into 100-250 litres, 250-500 litres, and above 500 litres. On the basis of end-use applications, the global bulk chemical packaging market is segmented as consumer chemicals, speciality chemicals, basic inorganic chemicals, polymers, and petrochemicals.

The next section of the report highlights the bulk chemical packaging market, by region, and provides the market outlook for 2018–2027. The study investigates the Y-o-Y growth regionally, as well as analyses the drivers that influence the regional bulk chemical packaging market. Main regions assessed in the report on the global bulk chemical packaging market include North America, Latin America, Europe, Japan, Asia Pacific excluding Japan (APEJ), and Middle East & Africa (MEA). The global bulk chemical packaging market evaluates the present scenario and growth prospects of the regional bulk chemical packaging market for 2018–2027.

To ascertain the market size in terms of value and volume, the revenue generated by the key manufacturers of bulk chemical packaging and their respective production capacity is taken into consideration. The forecast presented here assesses the total revenue generated by value, across the bulk chemical packaging market. In order to provide an accurate forecast, we initiated by sizing up the current market, which forms the basis of how the bulk chemical packaging market is expected to develop in the future. In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR but also analyse bulk chemical packaging market based on key parameters, such as year-on-year (Y-o-Y) growth rates, to understand the predictability of the bulk chemical packaging market, and identify the right opportunities across the market.

The market segments for the global bulk chemical packaging market have been analysed in terms of basis point share (BPS) to understand the individual segment’s relative contribution to market growth. This detailed level of information is important for identifying various key trends in the bulk chemical packaging market. Another key feature of the global bulk chemical packaging market is the analysis of key segments in terms of absolute dollar opportunity. Absolute dollar opportunity is critical for evaluating the scope of opportunity that a provider can look to achieve, as well as to identify potential resources from a delivery perspective of the bulk chemical packaging market. The overall absolute dollar opportunity along with a segmental split is mentioned in the report titled global bulk chemical packaging market.

To understand key growth segments in terms of growth and adoption of bulk chemical packaging globally, Future Market Insights developed the bulk chemical packaging market ‘Attractiveness Index.’ The resulting index should help providers identify real market opportunities in the global bulk chemical packaging market.

In the final section of the on bulk chemical packaging, the ‘dashboard view’ of the companies is provided to compare the current industrial scenario and their contribution to the total bulk chemical packaging market. Moreover, it is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment. Report audiences can gain segment-specific bulk chemical packaging manufacturer insights to identify and evaluate key competitors based on an in-depth evaluation of their capabilities and success in the bulk chemical packaging marketplace.

Detailed profiles of companies in the global bulk chemical packaging market are also included in the report to evaluate their strategies, key product offerings, and recent developments. Key manufacturers operating in the bulk chemical packaging market include Grief Inc., C.L.Smith Company, Schutz Container Systems, Inc., Mauser Group B.V., Industrial Container Services (ICS), Sonoco Product Company, Three Rivers Packaging Inc., TPL Plastech Ltd., Milford Barrel Co. Inc., Enviro-Pak Inc., Orlando Drum & Container Corporation, Fibrestar Drums Limited, Great Western Containers Inc., Patrick J. Kelly Drums, Inc., International Paper Company, Berry Global Inc., Sealed Air Corporation, DS Smith Plc., Hoover Ferguson Group, and Synder Industries Inc.

Bulk Chemical Packaging Market: Key Segments Covered

By product type, the global bulk chemical packaging market is segmented as:

  • Drums

  • IBC’s

  • Flexitanks & Others

By capacity type, the global bulk chemical packaging market is segmented as:

  • 100-250 litres

  • 250-500 litres

  • Above 500 litres

By end-use packaging applications, the global bulk chemical packaging market is segmented as:

  • Consumer Chemicals

  • Speciality Channels

  • Basic Inorganic Chemicals

  • Polymers

  • Petrochemicals

Regional analysis of the bulk chemical packaging market is presented for the following market segments:

  • North America

    • U.S.

    • Canada

  • Latin America

    • Brazil

    • Mexico

    • Rest of Latin America

  • Europe

    • Germany

    • U.K.

    • Spain

    • France

    • Italy

    • Rest of Europe

  • Asia Pacific Excluding Japan (APEJ)

    • China

    • India

    • Malaysia

    • Singapore

    • Australia

    • Rest of APEJ

  • Middle East and Africa (MEA)

    • GCC Countries

    • South Africa

    • Israel

    • Rest of MEA

Industrial Bulk Chemical Packaging Market Reports - Table of Contents

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