Report Code: A09706 | Pages: NA | Mar 2023 | 1501 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Plastic Drums Market
Request Now !Plastic drums are containers made of plastic that are used for transportation and storage of various materials. Plastic drums are easy to handle, simple to empty and fill and are therefore used for transportation and storage of various industrial products including products in the agriculture, chemical, pharmaceutical, petroleum industries among others. Plastic drums can be manufactured in various shapes with no seams on the inside by the blow molding process. However, plastic drums are generally molded in cylindrical shape to allow for rolling and handling using conventional drum handling tools and trolleys. The cylindrical shape lacks sharp corners and is not vulnerable to damage from impact and exposure. Plastic drums can be recycled and reused while the plastics used for the manufacture of some plastic drums are biodegradable.Â
ÂMarket scope and structure analysis:
Report Metric | Details |
 Market size available for years |  2019–2027 |
 Base year considered |  2019 |
 Forecast period |  2020–2027 |
 Forecast units |  Value (USD Millions) |
 Segments covered | Material, Head Type, Capacity, Industry Verticals and Region. |
 Regions covered | North America (U.S., Mexico and Canada), Europe (Germany, UK, Netherlands, Italy and France), Asia-Pacific (China, Japan, South Korea, Sri Lanka and India), LAMEA (Latin America, Middle East, and Africa) |
 Companies covered | The key players in the Plastic drums market include BWAY, FDL Packaging Group, RPC, Sonoco Products Company, Jokey Group, Mauser Group B.V., Schutz Container Systems, Kodama Plastics Co. Ltd., Greif Packaging LLC and Remcon Plastics Incorporation among others. |
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COVID-19 scenario analysis:
Plastic drums can be used in a wide range of applications in various industries such as agriculture, chemical, pharmaceutical, petroleum industries among others. Plastic drums are easy to handle, simple to empty and fill. Thus, they have wide application across various industries for the logistics and transportation of various products. Plastics drums can be designed to meet various shapes and sizes depending upon the specific application and product type. The raw materials used for manufacturing plastic drums are easily available globally, which helps in the cost-effective production of high-quality plastic containers at economical rates. The major restraining factor for the growth of the global plastic drums market is the environmental degradation caused due to high volume use of plastics. Innovations in drum locking systems in plastic drums is expected to enhance their capabilities, thereby providing growth opportunity for the global plastic drums market. Due to availability of various innovative designs, the global plastic drums market is expected to grow as they may be used for the safe storage and transportation of various products.
Transportation and logistics services of various products around the world is very costly. The global transportation and materials handling market is also periodically affected by government regulations on labor hours and other related restraints. Also, the transportation and logistics industry is vulnerable to the fluctuating costs of crude oil and other economic factors. Plastic drums are lighter in weight than metal drums which helps in reducing the cost of transportation. Moreover, plastic drums can be stacked on pallets which is another factor that can help reduce handling and transportation costs. The reusability of plastic drums is thus very important for the global transportation and supply chain industry as it can help companies reduce some of their expenditure on logistics. By not having to spend additional amounts of capital for the procurement and maintenance of new drums, the company can save capital. Plastic drums can be re-used multiple times with repeated reconditioning. This is one of the most important factors behind the growth of the global plastic drums market. Plastic drums are designed with handles for easier handling and have strong locking systems and closures for protection of the products being transported. This can prevent risk of spillage and damage to the materials stored inside and thus reduce transportation and handling costs. Moreover, the cylindrical shape of plastic drums lacks sharp corners and is not vulnerable to damage from impact and exposure. Â These aforementioned factors are expected to aid the growth of the global plastic drums market.
Plastic drums can be used in a wide range of applications in various industries such as agriculture, chemical, pharmaceutical, petroleum industries among others. Plastic drums are can used to store corrosive materials as metal drums are not be preferred for storage of such materials. Plastic drums can be used to store various lubricants, coolants, or surfactants as the rate of oxidation of these products can be controlled or reduced when stored in nonreactive plastic containers and thus the life span of the lubricant can be better maintained. Plastic containers can be used to safely store compatible flammables in certain types of approved plastic containers. Pharmaceutical materials can also be stored in plastic drums and certain types of plastic drums can also be used for the safe storage of food and beverage industry products too. Plastic drums made out of polyethylene (HDPE) can be used for several industrial applications as polyethylene has high density and high molecular weight. Polyethylene drums are excellent and more suitable for industrial purposes because the HDPE material used for making the containers are inert by chemical nature and highly resistant to both low and high pH contents. These factors of high compatibility with various materials and wide usability are expected to aid the growth of the global plastic drums market.
Key segments covered:
Segments | Sub-segments |
 Material |
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 Head Type |
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 Capacity |
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  Industry verticals  |
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Key benefits of the report:
Plastic Drums Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
Aspects | Details |
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By Material |
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By Head Type |
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By Capacity |
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By Industry verticals |
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By Region |
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Key Market Players | BWAY, FDL, Packaging Group, RPC, Sonoco Products Company, Jokey Group, Mauser Group B.V., Schutz Container Systems, Kodama Plastics Co. Ltd., Greif Packaging LLC, Remcon Plastics Incorporation |
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