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1045396

Global Bulk Chemical Packaging Market - 2021-2028

Published: | DataM Intelligence | 180 Pages | Delivery time: 2 business days

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Global Bulk Chemical Packaging Market - 2021-2028
Published: January 7, 2022
DataM Intelligence
Content info: 180 Pages
Delivery time: 2 business days
  • Description
  • Table of Contents

Market Overview

The global bulk chemical packaging market size was worth US$ XX million in 2020 and is estimated to reach US$ XX million by 2028, growing at a CAGR of XX% during the forecast period (2021-2028).

Bulk chemicals, also known as commodity chemicals, are produced in large quantities to meet the growing demand in various industries. Bulk chemicals are made using batch and continuous methods. Large quantities of fundamental materials, such as crude oil and natural gas, make bulk chemicals. Bulk and commodity chemicals are used for trading organic and inorganic chemicals. A wide range of industries, including agriculture, construction and automotive, use bulk chemicals.

Bulk chemicals, also known as commodity chemicals, are used in various industries, including healthcare, food processing, chemicals, fertilizer, construction and transportation. Price instability in petroleum and natural gas and supply and demand imbalances are expected to be important hurdles to the global bulk chemicals market's growth.

Market Dynamics

Thanks to the booming industrial industry, bulk chemical packaging services are in high demand globally. A strong link has been discovered between industrial output and the need for bulk chemical packaging in businesses. Consistent chemical manufacturing output appears to have fueled a demand for bulk chemical packaging activities in recent years.

Increasing demand for safe chemical packaging

Driven by innovation, the packaging business consistently produces more effective packaging solutions than traditional options. The demand for safe packing solutions, specifically developed for shipping high-value items, has surged in recent years. Innovative bulk packaging solutions, such as intermediate bulk containers, were created for the safe packaging of hazardous chemicals and are suitable for a wide range of applications.

Intermediate bulk containers are made to transport liquid and granulated chemicals, whereas flexible intermediate bulk containers are made to transport powdered chemicals. Manufacturers and exporters need high-quality industrial packaging for their high-value items for risk-free chemical transportation. Spill-proof packaging is also preferred by shipping and logistics partners to reduce wastage of goods and keep the surface of the transport vehicle or ship undisturbed.

Widespread acceptance of intermediate bulk containers

Many different types of cargo can be stored and shipped in IBC containers. Because of its universal design, they can store and carry a wide range of commodities, from industrial chemicals to culinary products. Another significant benefit of IBC containers is their ease of stacking, handling and maneuvering.

IBC containers are designed to be readily lifted and moved by a typical pallet jack or forklift and they do not need to be placed on a pallet to be moved. IBC containers also stack safely and securely on top of one another, making storage more efficient. These design qualities make them simple for warehouse personnel, resulting in increased efficiency and safety on the warehouse floor every day.

Lack of imports and limited supply of raw materials

The shortage of imports limits the supply of raw materials, causing deliveries to be delayed and raw material costs to rise. As a result, Bulk Chemical Packaging manufacturers' profitability is constrained.

COVID-19 Impact Analysis

Due to the unprecedented spread of the COVID-19 pandemic, tight restrictions and lockdowns were implemented, interrupting supply chain activity across manufacturing plants. Certain exceptions were made for vital commodities, allowing the food and beverage and pharmaceutical industries to continue production and movement.

Food and feed additive demand remained strong, especially as consumers resorted to panic buying. Aside from that, the pharmaceutical industry has seen a dramatic increase in bulk chemical packaging due to rising demand for medical equipment and vital pharmaceuticals. As a result, demand for bulk chemical packaging may become even higher.

Segment Analysis

The bulk chemical packaging market is segmented into Drums, IBCs, Flexitanks, and others by product type.

Flexitank segment is expected to be the dominant type during the forecast period (2021-2028)

The flexitank sector is predicted to expand the most during the projection period. Instead of ISO tank containers, these tanks can export oils, wines, food-grade liquids and non-hazardous chemicals globally. Transporting and storing liquids has always been expensive and challenging. It allows liquid and dry bulk materials to be stored and transported flexibly and cost-effectively.

The rise of the business is mostly due to increased product demand for construction materials, polymers, detergents and powdered non-hazardous chemicals. It's available as a conductive, antistatic, flame retardant and dissipative bag for various packaging applications.

Geographical Analysis

Growing the food & beverages industry is likely to boost Asia-Pacific's growth.

The Asia-Pacific is predicted to lead the bulk chemical packaging market during the forecast period. The region's entire food and beverage business, particularly in China and India, has been greatly boosted by expanding population. Furthermore, as consumers' lives improve due to rising disposable income in Asia-Pacific countries, demand for fruit juices, wine, beer and coffee has soared.

To meet the increased demand for the food goods in the region, food production and supply are expanding, positively impacting industry growth over the forecast period. According to World Integrated Trade Solutions, China exported chemicals worth US$ 14 trillion to North America and US$ 39 trillion to East Asia and the Pacific in 2017. By 2025, these trends are predicted to persist, resulting in favorable market growth.

Competitive Landscape

Bulk chemical packaging is a strongly competitive global market. Acquisitions are being undertaken to gain market share and expand the company's reach. For example, Mauser Group launched a skin liner barrier technology for its rigid plastics packaging solutions on April 11, 2017.

Industrial Container Services, LLC acquired Buckner Barrel Sales Corporation on August 17, 2017 and the Minneapolis/St. Paul-based businesses of Twin City Container, Inc. on December 15, 2015.

Key players operating in the global market for Bulk Chemical Packaging include Grief Inc., C.L. Smith Company, Schutz Container Systems, Inc., Mauser Group B.V., Industrial Container Services (ICS), Sonoco Products Company, Alpha Packaging, Inc, Orlando Drum & Container Corporation, TPL Plastech Ltd. and Great Western Containers Inc.

Grief Inc.

Overview: Greif is a global leader in industrial packaging goods and services, to be the world's best customer service company in the industry. The company manufactures steel, plastic and fiber drums, intermediate bulk containers, reconditioned containers, flexible products, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a wide range of specialty goods. Greif serves its global and regional consumers by maintaining the key sites in over 40 countries.

Product Portfolio: It manufactures packaging accessories and provides filling, packaging and other services for various industries.

Key Development: Greif, Inc., a global pioneer in industrial packaging solutions, said that the Consumer Packaging Group business had been sold to Graphic Packaging Holding Company for US$85 million in cash, as previously reported. The proceeds from the sale of CPG will be used to pay off debt.

Why Purchase the Report?

Visualize the composition of the bulk chemical packaging segmentation by capacity, product, application and region, highlighting the critical commercial assets and players.

Identify commercial opportunities in bulk chemical packaging by analyzing trends and co-development deals.

Excel data sheet with thousands of data points of bulk chemical packaging - level 4/5 segmentation.

PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

Product mapping in excel for the key product of all major market players

The global bulk chemical packaging report would provide access to an approx. 59 market data table, 55 figures and 180 pages.

Target Audience

Service Providers/ Buyers

Industry Investors/Investment Bankers

Education & Research Institutes

Research Professionals

Emerging Companies

Manufacturers

Product Code: DMPAC4533

Table of Contents

1. Global Bulk Chemical Packaging Market Methodology and Scope

  • 1.1. Research Methodology
  • 1.2. Research Objective and Scope of the Report

2. Global Bulk Chemical Packaging Market - Market Definition and Overview

3. Global Bulk Chemical Packaging Market - Executive Summary

  • 3.1. Market Snippet By Capacity
  • 3.2. Market Snippet By Product
  • 3.3. Market snippet By Application
  • 3.4. Market Snippet by Region

4. Global Bulk Chemical Packaging Market-Market Dynamics

  • 4.1. Market Impacting Factors
    • 4.1.1. Drivers
      • 4.1.1.1. Increasing demand for safe chemical packaging
      • 4.1.1.2. Widespread acceptance of intermediate bulk containers
    • 4.1.2. Restraints
      • 4.1.2.1. Lack of imports and limited supply of raw materials
      • 4.1.2.2. XX
    • 4.1.3. Opportunity
    • 4.1.4. Impact Analysis

5. Global Bulk Chemical Packaging Market - Industry Analysis

  • 5.1. Porter's Five Forces Analysis
  • 5.2. Supply Chain Analysis
  • 5.3. Pricing Analysis
  • 5.4. Regulatory Analysis

6. Global Bulk Chemical Packaging Market - COVID-19 Analysis

  • 6.1. Analysis of COVID-19 on the Market
    • 6.1.1. Before COVID-19 Market Scenario
    • 6.1.2. Present COVID-19 Market Scenario
    • 6.1.3. After COVID-19 or Future Scenario
  • 6.2. Pricing Dynamics Amid COVID-19
  • 6.3. Demand-Supply Spectrum
  • 6.4. Government Initiatives Related to the Market During Pandemic
  • 6.5. Manufacturers Strategic Initiatives
  • 6.6. Conclusion

7. Global Bulk Chemical Packaging Market - By Capacity

  • 7.1. Introduction
    • 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Capacity
    • 7.1.2. Market Attractiveness Index, By Capacity
  • 7.2. 100-250 liters*
    • 7.2.1. Introduction
    • 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
  • 7.3. 250-500 liters
  • 7.4. Above 500 liters

8. Global Bulk Chemical Packaging Market - By Product

  • 8.1. Introduction
    • 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
    • 8.1.2. Market Attractiveness Index, By Product
  • 8.2. Drums*
    • 8.2.1. Introduction
    • 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
  • 8.3. IBCs
  • 8.4. Flexitanks
  • 8.5. Others

9. Global Bulk Chemical Packaging Market - By Application

  • 9.1. Introduction
    • 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
    • 9.1.2. Market Attractiveness Index, By Application
  • 9.2. Consumer Chemicals*
    • 9.2.1. Introduction
    • 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
  • 9.3. Specialty Chemicals
  • 9.4. Basic Inorganic Chemicals
  • 9.5. Polymers
  • 9.6. Petrochemicals

10. Global Bulk Chemical Packaging Market - By Region

  • 10.1. Introduction
  • 10.2. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
  • 10.3. Market Attractiveness Index, By Region
  • 10.4. North America
    • 10.4.1. Introduction
    • 10.4.2. Key Region-Specific Dynamics
    • 10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Capacity
    • 10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
    • 10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
    • 10.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
      • 10.4.6.1. U.S.
      • 10.4.6.2. Canada
      • 10.4.6.3. Mexico
  • 10.5. Europe
    • 10.5.1. Introduction
    • 10.5.2. Key Region-Specific Dynamics
    • 10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Capacity
    • 10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
    • 10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
    • 10.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
      • 10.5.6.1. Germany
      • 10.5.6.2. UK
      • 10.5.6.3. France
      • 10.5.6.4. Italy
      • 10.5.6.5. Spain
      • 10.5.6.6. Rest of Europe
  • 10.6. South America
    • 10.6.1. Introduction
    • 10.6.2. Key Region-Specific Dynamics
    • 10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Capacity
    • 10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
    • 10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
    • 10.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
      • 10.6.6.1. Brazil
      • 10.6.6.2. Argentina
      • 10.6.6.3. Rest of South America
  • 10.7. Asia-Pacific
    • 10.7.1. Introduction
    • 10.7.2. Key Region-Specific Dynamics
    • 10.7.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Capacity
    • 10.7.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
    • 10.7.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
    • 10.7.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
      • 10.7.6.1. China
      • 10.7.6.2. India
      • 10.7.6.3. Japan
      • 10.7.6.4. Australia
      • 10.7.6.5. Rest of Asia-Pacific
  • 10.8. The Middle East and Africa
    • 10.8.1. Introduction
    • 10.8.2. Key Region-Specific Dynamics
    • 10.8.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Capacity
    • 10.8.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
    • 10.8.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application

11. Global Bulk Chemical Packaging Market - Competitive Landscape

  • 11.1. Competitive Scenario
  • 11.2. Market Positioning/Share Analysis
  • 11.3. Mergers and Acquisitions Analysis

12. Global Bulk Chemical Packaging Market - Company Profiles

  • 12.1. Grief Inc.
    • 12.1.1. Company Overview
    • 12.1.2. Product Portfolio and Description
    • 12.1.3. Key Highlights
    • 12.1.4. Financial Overview
  • 12.2. C.L. Smith Company
  • 12.3. Schutz Container Systems, Inc.
  • 12.4. Mauser Group B.V.
  • 12.5. Industrial Container Services (ICS)
  • 12.6. Sonoco Product Company
  • 12.7. Three Rivers Packaging Inc.
  • 12.8. Orlando Drum & Container Corporation
  • 12.9. TPL Plastech Ltd.
  • 12.10. Great Western Containers Inc.(*LIST NOT EXHAUSTIVE)

13. Global Bulk Chemical Packaging Market - Premium Insights

14. Global Bulk Chemical Packaging Market - DataM

  • 14.1. Appendix
  • 14.2. About Us and Services
  • 14.3. Contact Us