Uploaded on Apr 8, 2021
Steel drums market is expected to reach USD 12.47 billion by 2027 growing at a growth rate of 5.51% in the forecast period of 2020 to 2027. Growing demand for cost efficient packaging solution and increase usage of steel drums in bulk packaging are the factors which will create new opportunities for the steel drum market in the forecast period of 2020 to 2027.
Steel Drums Market Size, Scope, Trends, Top Companies Share, Growth and Opportunities Forecast to 2027
Steel Drums Market Size, Scope, Trends, Top
Companies Share, Growth and Opportunities Forecast
to 2027
Steel Drums Market By Material Type (Stainless Steel, Cold Rolled Steel, Carbon Steel),
Head Type (Tight Head, Open Head), Capacity (Up to 10 Gallons, 10- 30 Gallons, 30- 50
Gallons, 50-80 Gallons, 80 Gallons and Above), End- User (Food & Beverage, Healthcare
& Pharmaceutical, Oil & Lubricants, Paints & Dyes, Chemical and Solvent, Building &
Construction, Agriculture, Other Application), Country (U.S., Canada, Mexico, Brazil,
Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland,
Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea,
Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific,
Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa), Industry
Trends and Forecast to 2027
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Report Description
Steel drums market is expected to reach USD 12.47 billion by 2027 growing at a growth
rate of 5.51% in the forecast period of 2020 to 2027. Growing demand for cost efficient
packaging solution and increase usage of steel drums in bulk packaging are the factors
which will create new opportunities for the steel drum market in the forecast period of
2020 to 2027.
Steel drums as the name suggests are those drums which are made steel and are used to
carry both harmful and harmless substances such as chemicals, paints, oil and other.
Steel is regarded as strong and robust products for the production of industrial grade
containers. These steel drums have the ability to work well in different temperatures and
remain unaffected by the thermal shocks.
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Major Key Players
Some of the major players operating in this market are :
• BWAY Corporation
• Greif.
• NORTH COAST CONTAINER LLC
• Rahway Steel Drum Company
• General Steel Drum LLC
• Skolnik Industries Inc
• The Metal Drum Company
• Clouds Drums Dubai LLC
• James G Carrick Ltd,
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Market Segmentation
• By Material Type (Stainless Steel, Cold Rolled Steel, Carbon Steel)
• By Head Type (Tight Head, Open Head)
• By End- User (Food & Beverage, Healthcare & Pharmaceutical, Oil &
Lubricants, Paints & Dyes, Chemical and Solvent, Building & Construction,
Agriculture, Other Application)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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About Data Bridge Market
Research
An absolute way to forecast what future holds is to comprehend the trend
today!
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neoteric Market research and consulting firm with unparalleled level of
resilience and integrated approaches. We are determined to unearth the best
market opportunities and foster efficient information for your business to
thrive in the market. Data Bridge endeavors to provide appropriate solutions
to the complex business challenges and initiates an effortless decision-making
process.
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