Heavy Duty IBC Market – Overview

Heavy duty IBC are packaging solutions for various liquid and granular products manufactured in food, beverage, pharmaceutical and chemical industry etc. It ensures safe storage of the product during transportation and logistics. The high capacity IBC also helps in down gauging the transportation cost incurred by multiple transportation. The Heavy duty IBC can be stacked together thereby allowing larger volume of product to be shipped at a time. The Heavy duty IBC are designed for multiple uses, another factor that helps in reducing overall cost of production and transportation of the product. The heavy duty intermediate bulk container manufacturers are using materials such as Paper, Plastics such as PE, PP, and Steel to manufacture IBCs that best suits the wide range of industrial products. The heavy duty intermediate bulk containers are produced with various capacities ranging from 1200 gallons to 2500 gallons offering a wide range of choice for the end users. Due to this product and economical friendly feature the heavy duty IBC market is anticipated to grow in terms of value and volume throughout the forecast period.

Heavy Duty IBC Market – Dynamics

Heavy duty IBCs are finding application across several industrial verticals including food and beverage industry, pharmaceutical industry, chemical industry and automotive industry, etc. All this industry are involved in transporting their products across the globe and hence requires reliable packaging solutions which ensures product safety and are economically feasible. This can be easily achieved by the use of intermediate bulk containers which ensures product safety and are cost effective packaging solutions as it helps in down gauging the overall packaging cost attributed by its features like multiple usage, large storage capacity, feasibility with different industrial products and easy handling. This industrial as well as end user favorable features are expected to drive the overall market of heavy duty IBC between 2017 and 2027. However, the existing packaging solutions such as cartons, drums, barrels and totes are anticipated to act as restraint and challenge the growth of the heavy duty IBC market throughout the forecast period.

Heavy Duty IBC Market – Segmentation

The Heavy duty IBC market is segmented as follows:

On the basis of material, Heavy duty IBC market is segmented into:

  • Paper
    • Corrugated Paper
  • Plastic
    • PP
    • PE
    • Others
  • Metals
    • Stainless steel
    • Carbon steel

On the basis of End Use Industry, Heavy duty IBC market is segmented into:

  •  Food and Beverage
  • Agricultural
  • Pharmaceutical
  • Chemical
  • Automotive
  • Paints and lubricants
  • Others

On the basis of storage capacity, Heavy duty IBC market is segmented into:

  • less than 1200 gallons
  • 1200 gallons – 1500 gallons
  • 1500 gallons – 2000 gallons
  • 2000 gallons – 2500 gallons
  • Greater than 2500 gallons

Heavy Duty IBC Market – Region Wise Outlook

On the basis of geographical regions, the global Heavy duty IBC market is segmented into following regions: North America, Latin America, Europe, Asia Pacific and Middle East & Africa.

North America has an established overall market and therefore is anticipated to show a relatively slower growth in heavy duty IBC market between 2017 and 2027. Latin America has experienced a sluggish growth in industries like food, pharmaceutical, automotive, etc. which accounts for major demand for heavy duty IBC and therefore the heavy duty IBC market in the region is expected to show a lower demand over the forecast period. However, Asia Pacific which has emerged as a hub for food and pharmaceutical industries over the past few decades and the trend is expected to continue throughout the forecast period. This in turn is anticipated to reflect into an increasing demand for the heavy duty IBCs from these industries thereby creating more opportunities between 2017 and 2027. Europe and Middle East and Africa have experienced a stagnant economy over past few years and therefore the heavy duty IBC market is expected to show a sluggish growth in these regions over the forecast period.

Heavy Duty IBC Market – Key Players

The key players in the Heavy Duty IBC Market includes ORBIS Corporation, The Cary Company, Myers Industries, Inc., United States Plastic Corporation, Bulk Handling Australia, Triple Diamond Plastics, LLC, Nihon Matai Co.,Ltd.

The report offers an accurate evaluation of the market through detailed qualitative insights and verifiable projections about market size. The projections presented in the report have been derived using proven research methodologies and assumptions.

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

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   
     

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Heavy Duty Ibc Market

Pre Book