Press release
Heated IBCs Market Report, Analysis, Current Trends and Forecast till 2025
This exclusive report will provide you with the market size and forecast (US$ Mn) for the global market and its segments for the period from 2017 to 2025 along with the growth rate (CAGR) from 2017 to 2025, considering 2016 as base year. In addition, drivers, restraints and opportunities, competitive landscape have also been covered under the current proposed table of contents, which will in due course help you to take strategic decisions with respect to the market.
Global Heated IBCs Market: Introduction
Expanding cold chains and rising population across wider geographies is leading to efficient and reliable cold chain solutions. Bulk transportation of perishable liquids is a challenging task in food supply chains. In bulk liquids transportation where temperature control is required, heated inter mediate bulk containers (IBCs) are increasingly used. Heated IBC containers comes with many varieties of heating pads, which generally consists of a rubber pad and a covering jacket. Heated IBCs are also equipped with electronic heat sensors and monitors. The silicon rubber mat can be easily inserted and removed from the cage. The cage jacket is made of waterproof, weatherproof and flame retardant materials, like insulated polyurethane, with two separate heating circuits and thermostats. The growing demand for heated IBCs is influencing manufacturers of IBCs to expand their product portfolio by launching of new heated IBCs. Rising concern of food & beverages wastage during cold chain transport is influencing the cold chain service providers to adopt heated IBCs. Overall, the heated intermediate bulk containers market is expected to grow at a lucrative CAGR during the forecast period.
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Global Heated IBCs: Market Dynamics
In June 2017, Liquid CONcept GmbH & Co. KG, a transportation specialist in Germany invested in Heated Intermediate Bulk Containers (IBCs). Compared to other bulk transporting products, heated IBCs provide increased cost efficiency and reliability. These IBCs are predominantly used in temperature controlled foodstuffs e.g. chocolate, caramel paste and edible oils, but are also used to store liquid products. Food & beverage businesses in European countries such as Germany, Italy, France, Denmark, Slovakia, and others increasingly preferring these heated IBCs. In recent few years, IBC rental service providers are increasingly adding heated IBCs into their portfolio. The technology for temperature controlled or heated IBCs is continuously evolving. Manufacturers are increasingly investing in research & development to improve the performance of these IBCs. As of now, the market share of heated IBCs in overall bulk liquid transportation is very low and hardly stands at 2% - 3.5%.
Global Heated IBCs: Market Segmentation
The global heated IBCs market is segmented on the basis of product type, capacity, and application. On the basis of product type, the global heated IBCs market is segmented into:
Fabric Heating Jackets which wrap around the Intermediate Bulk Containers
Silicone Heaters that are placed under the Intermediate Bulk Container
Submersible Heaters that drop in the Intermediate Bulk Containers
Based on the capacity, global heated IBCs market is segmented into:
Less than 500 L
500 to 700 L
700 to 1000 L
1000 to 1500 L
1500 to 2000 L
2000 to 3000 L
More than 3000 L
Based on the application, global heated IBCs market is segmented into:
Vegetable oils
Dairy
Fresh produce
Juices
Food Ingredients
Others
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Global Heated IBCs Market: Regional outlook
Heated IBCs market has been segmented on the basis of region into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA), and Japan. Western Europe is expected to dominate the overall global heated IBCs market, followed by North America. This is due to increasing adoption of heated IBCs in western European countries e.g. Germany, Austria, Switzerland, Denmark and others. Over the forecast period, APEJ heated IBCs market is expected to overtake the Western Europe heated IBCs market. Emerging economies such as China, India, Brazil, Argentina and South Africa are expected to expand at a CAGR above 5%, due to growing demand for temperature controlled transportation packaging products.
Global Heated IBCs Market: Key players
Some of the players associated with the global heated IBCs market are Holroyd Components Ltd, TPS Rental Systems, ELEMEX Ltd., Kuhlmann Electro-Heat A/S, Thermon South Africa (Pty) Ltd., BriskHeat Corporation, and others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
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The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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