Industrial Drums Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2026

The "Industrial Drums" Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Industrial Drums Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence parameters like company profiles, product picture and specification, capacity, production, price, cost, revenue, and contact information. The Industrial Drums Market report provides an in-depth study of SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization.

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Top Companies in the Industrial Drums Market: Greif Inc., Sicagen India Ltd, Balmer Lawrie & Co. Ltd, Time Technoplast Ltd, SCH†TZ GmbH & Co. KGaA, Mauser Group NV, Industrial Container Services LLC, TPL Plastech Ltd, Eagle Manufacturing Company, U.S. Coexcell Inc. and others.

Key Market Trends:

Asia-Pacific to Witness a Significant Growth Rate

- The rapidly evolving manufacturing sector in the Asia-Pacific region is expected to increase the usage of industrial drums in the region. Global manufacturers are continuing to shift their manufacturing bases to emerging economies, like China, India, and Indonesia.
- The region is witnessing growth in terms of exports in vegetable oil and wines, which is also anticipated to further drive the growth of the industrial drums market in the region. Oil exporters in Asian countries prefer industrial drums over other bulk packaging products. India and China are known for their large-scale palm-oil exports, which may create significant demand for industrial drums in the region.
- Countries in Asia-Pacific, such as China and India, with strong agricultural produce, are improving their export volume by implementing effective means of storage, transport, and packaging solutions. China has been world's biggest exporter of goods since 2009. The exports of China in 2018 accounted for a revenue of USD 2,486.7 billion.

Industry News and Developments:

- February 2020 - Greif announced the expansion of its plastics operations on the West Coast of the United States. The company is installing a plastic drum blow molding machine in its Merced, CA facility. The blow molder is expected to be operational during the second quarter of 2020.
- June 2019 - Balmer Lawrie & Co. Ltd opened its new Industrial Packaging plant for steel drum manufacturing at Vadodara, Gujarat. The company is India’s largest 210L MS Drum manufacturer with a pan-India market share of around 34%. The company started the Vadodara plant with the aim of catering to the chemical industry with superior products and services.

Influence of the Industrial Drums Market Report:

-Comprehensive assessment of all opportunities and risk in the Industrial Drums market.

-Industrial Drums market recent innovations and major events.

-Detailed study of business strategies for growth of the Industrial Drums market-leading players.

-Conclusive study about the growth plot of Industrial Drums market for forthcoming years.

-In-depth understanding of Industrial Drums market-particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the Industrial Drums market.

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Table Of Content

Chapter 1 Study Coverage

Chapter 2 Executive Summary

Chapter 3 Industrial Drums Market Competitor Landscape by Players

Chapter 4 Industrial Drums Market Size by Type and Application

Chapter 5 Global and Regional Analysis

Chapter 6 Company Profiles

Chapter 7 Market Opportunities, Challenges, Risks and Influences Factors Analysis

Chapter 8 Value Chain and Sales Channels Analysis

Chapter 9 Research Findings and Conclusion

Chapter 10 Methodology/Research Approach

Finally, the Industrial Drums Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure, and so on. Industrial Drums industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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