openPR Logo
Press release

Industrial Chemical Packaging Market to reach 4.6 billion units by the year 2031

09-23-2022 11:46 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Industrial Chemical Packaging Market to reach 4.6 billion units

The industrial chemical packaging market is projected to expand at a steady pace, registering growth at 4.0% CAGR between 2021 and 2031, as per the a survey conducted by Future Market Insights.

Due to the unprecedented outbreak of COVID-19, restrictions imposed by regulatory authorities have negatively impacted the sales of industrial chemical packaging solutions. However, in the coming years spike in demand for chemicals and growth in international trade of hazardous materials will result in long term growth of the global industrial chemical packaging market.

Development of the latest international trade routes and improvements in supply chain and logistics networks will enable companies to deliver goods across continents in lesser time. These developments will therefore fuel the demand for durable and high-capacity packaging solutions for hazardous chemicals.

Request for a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5234

Manufacturers in the industrial packaging industry are adapting to the needs of modern-day markets. Continuous upgrades in production technology are made mandatory for all manufacturers, either small or large to stay competitive in the market.

State-of-the-art leak detecting machinery and advanced testing solutions are designed for making sure the chemical packaging solution is in tandem with international safety standards and complies with weight handling capacity.

Key Takeaways from Industrial Chemical Packaging Market

Intermediate bulk containers are the most widely used packaging format for safe and easy transportation of industrial chemicals, as these containers are versatile, pallet mounted cost-effective. IBC's currently account for more than 64% of industrial chemical packaging solutions sold worldwide.
Backed by the presence of the renowned pharmaceutical companies in the country, the U.S. is the largest consumer of chemical packaging solutions.  The U.S. market is anticipated to offer incremental opportunities worth US$ 4.4 Bn over the next decade.
Recyclable and re-usable features make plastic preferred material in the industrial chemical packaging market. It is expected to account for over 40% of packaging solutions produced over the forecast period.
After witnessing slight decline in FQ-20, Germany market is expected to register a y-o-y growth of almost 4% in the year 2021.
Specialty chemicals segment will offer incremental opportunity of US$ 36.5 Bn between 2021 and 2031.

"Meteoric rise in demand for advanced packaging solutions for hazardous materials, due to the implementation of stringent international safety standards for storage and transportations of harmful chemicals is pushing the demand for advanced leak-proof packaging products," says FMI analyst.

Ask Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-5234

Sustainability to be a Key Concern for Top Manufacturers

Increasing global pollution has compelled key players of the packaging industry to use eco-friendly raw materials, which are recyclable or offer re-usability. Along with that, manufacturers need durable materials to provide strength to the industrial chemical packaging solutions, which can carry heavy weight.

Producers are therefore shifting focus towards High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Metallized Polyethylene Terephthalate (MET-PET), and other reusable materials, which are cost-effective and have a wide range of features.

Industrial Chemical Packaging Market Landscape

Some of the key players dominating the global industrial packaging market are ProAmpac, Tote Systems International, LP, US Display Group, Myers Industries, Inc., Assmann Corp. of America, DENIOS Ltd., Hoover CS, Segezha Group GmbH, CLA Containers, Greif, Inc., RIKUTEC Group, Müller Group, Knack Packaging Private Limited, Mauser Group B.V., PVN Fabrics Pvt. Ltd., Time Technoplast Ltd., Pyramid Technoplast Pvt Ltd., Tripura Containers Private Limited, East India Drums & Barrels Mfg. Co and Schuetz GmbH & Co. KGaA.

Industrial Chemical Packaging Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the industrial chemical packaging market, analyzing historical demand from 2015-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the industrial chemical packaging market on the basis of packaging format (IBC, flexi tanks, drums, pails & jerry cans, bags & sacks and others), material (metal, plastic and paper & paperboard) and the chemical type (specialty chemicals and commodity chemicals) across seven regions

Contact: 
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
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs 

About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Industrial Chemical Packaging Market to reach 4.6 billion units by the year 2031 here

News-ID: 2747934 • Views:

More Releases from Future Market Insights

Tire Changing Machines Market Growth Driven by Automation and Aftermarket Expansion
Tire Changing Machines Market Growth Driven by Automation and Aftermarket Expans …
The tire changing machines market is estimated at USD 575.3 million in 2025 and expected to reach USD 893.4 million by 2035, reflecting a CAGR of 4.5%. While the growth rate is moderate, the expansion is steady, supported by a surge in global vehicle ownership, expansion of automotive aftermarkets, and increasing adoption of automation technologies across workshops and service centers. This market's cost structure is shaped by raw materials, precision manufacturing,
Particulate Matter Monitoring Market to Reach USD 4.4 Billion by 2035 Driven by Tech and Regulation
Particulate Matter Monitoring Market to Reach USD 4.4 Billion by 2035 Driven by …
The global particulate matter monitoring market is on track to grow at an impressive rate, reaching USD 4.4 billion by 2035 from USD 1.4 billion in 2025. This robust compound annual growth rate of 12.0% reflects rising environmental awareness, tougher regulations, and the surge of new technologies enabling more accurate, real-time monitoring solutions. Full Market Report available for delivery. For purchase or customization, please request here: https://www.futuremarketinsights.com/reports/sample/rep-gb-25736 Rising Demand Across Industries and
Smart Agriculture Market to Reach USD 72.1 Billion by 2035 with Strong Growth Driven by Precision Farming
Smart Agriculture Market to Reach USD 72.1 Billion by 2035 with Strong Growth Dr …
The global smart agriculture market is on a remarkable growth trajectory, projected to expand from USD 23.2 billion in 2025 to USD 72.1 billion by 2035, achieving a robust CAGR of 12.0%. The expansion reflects the growing demand for precision farming, sensor-based monitoring systems, and automation-driven crop management practices. Intermediate milestones highlight this upward trend, with the market anticipated to hit USD 36.5 billion by 2029 and USD 51.3 billion
Hydrogen Fluoride Gas Detection Market Poised for Steady Growth, Reaching USD 1083.4 Million by 2035
Hydrogen Fluoride Gas Detection Market Poised for Steady Growth, Reaching USD 10 …
The hydrogen fluoride gas detection market is on track for consistent growth, projected to increase from USD 652.6 million in 2025 to USD 1083.4 million by 2035, registering a compound annual growth rate (CAGR) of 5.2%. Year-on-year expansion highlights a steady trajectory, with the market estimated to reach USD 799.3 million by 2029 and USD 930.5 million by 2032. This momentum is fueled by rising demand for safety monitoring in

All 5 Releases


More Releases for Packaging

Personalized Packaging Market 2019 By Key Players: Owens Illinois, Salazar Packa …
Personalized Packaging Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. Download PDF Sample of this Report @ http://www.supplydemandmarketresearch.com/home/contact/277379?ref=Sample-and-Brochure&toccode=SDMRCH277379&utm_source=S2 The following manufacturers are covered: Owens Illinois Salazar Packaging Design Packaging PrimeLine Packaging International Packaging Elegant Packaging Pak Factory ABOX Packaging ACG Ecopak CB Group SoOPAK Company Huhtamaki
E-Commerce Packaging Market by Top Key Players - Pioneer Packaging, Arihant pack …
E-commerce packaging involves the use of materials for safe packaging of products sold by the e-commerce industry. E-commerce packaging plays a vital role in the consumers' perception about the e-retailer. It also indicates the perceived value of the item received. Packaging reflects the value of shipment in the e-commerce supply chain, that is, better the packaging, better the product inside it. Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2904563 The E-Commerce
Luxury Packaging Market 2019 SWOT Analysis By Top Key Players; MW Luxury Packagi …
Luxury Packaging Market report provides an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. The company profiles of all the key players and brands that are dominating the Luxury Packaging Market with moves like product launches, joint ventures, merges and accusations which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned
Global Luxury Packaging Market 2019 Top Key Players: MW Luxury Packaging, Progre …
Summary WiseGuyReports.com adds “Luxury Packaging Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database. This report provides in depth study of “Luxury Packaging Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Luxury Packaging Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as
Top Manufacturer in Luxury Packaging Market 2019: MW Luxury Packaging, Progress …
Luxury packaging is used for packaging and decorating high-end products.An increase in the luxury product consumption rate and the number of product launches in the fashion and cosmetic sectors are some major factors driving the market growth. The global Luxury Packaging market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives
Personalized Packaging Market 2025 | Design Packaging, Inc., PrimeLine Packaging …
As per the new market report published by Research Report Insights titled ‘Personalized Packaging Market’: Global Industry Analysis and Forecast 2017-2025’, global personalized packaging market attained a value worth US$ 25,577.9 Mn in 2017 and will possibly thrive at a promising CAGR of 5.1% over the forecast period (2017-2025). The global personalized packaging market has witnessed solid growth during the past few decades, owing to the increasing trend of luxury