Steel Drums Market: An Overview

Steel is considered as one of the most reliable and durable materials for the production of industrial grade packaging containers. Steel drums are used for packaging of liquids, semi-solids as well as powders. Steel drums perform remarkably well in an extensive range of temperatures, pressure, and humidity, while maintaining their structural integrity irrespective of heat and flame, without any leakage or spillage. Steel drums remain unaffected by the thermal shocks and are less likely to implode when proper work conditions are maintained, these conditions for handling steel drums depend on the drum contents. Variety of steel drums are available in the market, the closed or tight head type steel drums are typically used for storing low viscosity fluids while open head type steel drums are convenient for storing solids and hazardous liquids. Steel drums continue to be a feasible option for storing and transporting chemicals, lubricants, flammable & combustible materials and more due to their fire resistant properties. Steel drums prove to be a reliable solution to the bulk packaging needs. These properties are anticipated to further propel the demand for steel drums in the global steel drums market during the forecast period.

Get Sample Copy:

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=48114

Steel Drums Market: Dynamics           

Steel drums manufacturers across the globe are citing an increase in demand for cost-effective yet efficient packaging solutions to overcome the bulk packaging challenges. Therefore, many industrial rigid packaging manufacturers are focusing on producing innovative packaging solutions to satisfy up-and-coming demands from the end-use industries. Industries prefer steel drums over its counterparts due to their high mechanical strength, and when adequately emptied steel drums can be reused multiple times. The reconditioning and recycling helps in cutting back the expenses incurred during storage and shipping. Escalating demand for paints and dyes is creating more opportunities for the steel drums in the global packaging market. Another factor for the thriving of global steel drums market is an increased demand for consumer goods. As the consumer awareness is escalating, inclination towards sustainable packaging solutions is growing and consumers are preferring steel drums which are reusable which helps in cut back on plastic usage. In recent years, plastic drums and containers entered the market and the demand is flourished due to their lightweight and insulation properties. However, steel drums remain the ideal storage option as they promise levels of resilience and sanitation that plastic cannot, and are much more eco-friendly. Fiber drums pose competition to the steel drums market. They are much lighter, and therefore easier to handle. The fiber drum is more resistant against corrosion than steel drums. This might slow down the growth of global steel drums market.

Grab an exclusive PDF Brochure of this report:

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=48114

Steel Drums Market: Segmentation

Globally, the steel drums market has been segmented as –

On the basis of material type, the steel drums market has been segmented as-

  • Stainless steel
  • Cold rolled steel
  • Carbon steel

On the basis of head type, the steel drums market has been segmented as-

  • Tight head
  • Open head

On the basis capacity, the steel drums market has been segmented as-

  • Up to 10 Gallons
  • 10- 30 Gallons
  • 30- 50 Gallons
  • 50-80 Gallons
  • 80 Gallons and above

On the basis of end use industry, the steel drums market has been segmented as-

  • Food & Beverages
  • Healthcare and Pharmaceuticals
  • Oils & Lubricants
  • Paints & Dyes
  • Chemicals and solvents
  • Building and construction
  • Agriculture
  • Other industrial applications

Steel Drums Market: Regional Outlook

Geographically, the steel drums market has been divided into seven key regions as:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Middle East & Africa
  • Japan

Steel Drums Market: Key players

  • Mauser Group B.V.
  • Greif, Inc.
  • North Coast Container Corp.
  • Rahway Steel Drum Co Inc.
  • General Steel Drum LLC
  • Skolnik Industries Inc.
  • Metal Drum Co Ltd/The
  • Clouds Drums Dubai LLC
  • James G Carrick & Co Ltd
  • Chicago Steel Container Corp.
  • Izvar Ambalaj Sanayi VE Ticaret AS
  • Industrial Container Services, Inc.
  • Schutz Container Systems, Inc.

Many local and unorganized players are expected to contribute to the global steel drums market during the forecast period.

Request For Customization:

https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=48114

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

Read Our Latest Press Release:

https://www.prnewswire.com/news-releases/plastic-corrugated-packaging-market-expands-scope-of-businesses-in-ecommerce-industry-to-deliver-sustainable-packaging-solutions-tmr-301200091.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad-hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

Contact

Transparency Market Research State Tower,

90 State Street,

Suite 700,

Albany NY – 12207

United States

USA – Canada Toll Free: 866-552-3453

Email: [email protected]

Website: https://www.transparencymarketresearch.com