Chemical Drums Market, By Material (Plastic, Steel, and Fiberboard ), By Capacity (Small drums, Large drums), By Closure type (Removable lids, Bolted closures, and Drum plugs), By Application (Industrial chemicals, Pharmaceuticals, Food-grade products, an

Chemical Drums Market, By Material (Plastic, Steel, and Fiberboard ), By Capacity (Small drums, Large drums), By Closure type (Removable lids, Bolted closures, and Drum plugs), By Application (Industrial chemicals, Pharmaceuticals, Food-grade products, and Hazardous waste), By Shape (Cylindrical, Conical, and Square), By Reusability (Single-use drums and Reusable/reconditioned drums), By Customization (Personalized labels, Logos, and Markings), By Industry (Chemical manufacturing, Pharmaceuticals, Oil and gas, Food and beverage, and Agriculture), By Geographical Region (Regional preferences, Regulatory requirements, and Market dynamics), By UN Certification (Compliance with UN regulations for hazardous material transportation), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Chemical drums are hollow and cylindrical containers which are made of steel. They are usually fitted with a metal or plastic lid. They are commonly used as intermediate containers between process units or for liquid collection or separation of two immiscible fluids. They also offer flow rate stability for process streams. In the case of leaking or deteriorating drums, the contents are advised to transfer to a safer container by using a specialized drum pump. If the drum is unable to be moved without rupturing, it should be placed in an over pack and transported to waste management. The over pack can be sealed with a rubber seal and cushioning material to prevent movement and absorb liquids in the event of a leak. Global chemical drums market has been growing steadily over the past few years. Chemical drums refer to specialized containers that are used for transporting, handling, and storing of various industrial and agricultural chemicals in the drums form. They are made up of materials such as steel, plastics or fiber that provide effective chemical resistance. Growing demand from industries such as paints & coatings, pharmaceuticals, agriculture and others has been driving the need for reliable and safe packaging of chemicals in the form of drums.

Market Dynamics:

Global chemical drums market is driven by the rising demand for chemicals in industries such as agriculture, electronics, manufacturing, construction, and oil refining. These chemicals are used in production processes that involve a high level of toxicity or require the use of large quantities of chemicals.

However, plastic drums, which are frequently used in the chemical industry, have a considerable negative influence on the environment. Drums constructed of plastic are mostly made of non-biodegradable materials, which add to the pollution and waste of plastic. Manufacturers of plastic drums face hurdles as a result of expanding environmental restrictions and consumer demand for sustainable packaging solutions, which increases the demand for eco-friendly substitutes.

Key features of the study:

• This report provides in-depth analysis of the global chemical drums market, and provides market size (US$ Bn ) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global chemical drums market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Greif, Inc., Mauser Group, SCHÜTZ GmbH & Co. KGaA, Time Technoplast Ltd., Hoover Ferguson Group, Balmer Lawrie & Co. Ltd., Sicagen India Ltd., Industrial Container Services, LLC, Fibrestar Drums Limited, Snyder Industries, Inc.,Sonoco Products Company, Great Western Containers Inc.,Myers Container LLC,Myers Industries, Inc., Eagle Manufacturing Company.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global chemical drums market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global chemical drums market

Detailed Segmentation:

• By Material:
• Plastic
• Steel
• Fiberboard
• By Application:
• Industrial chemicals
• Pharmaceuticals
• Food-grade products
• Hazardous waste
• By Shape:
• Cylindrical
• Conical
• Square
• By Capacity:
• Small drums
• Large drums
• By Reusability:
• Single-use drums
• Reusable/reconditioned drums
• By Customization:
• Personalized labels
• Logos
• Markings
• By Closure type:
• Removable lids
• Bolted closures
• Drum plugs
• By UN Certification:
• Compliance with UN regulations for hazardous material transportation
• By Industry:
• Chemical manufacturing
• Pharmaceuticals
• Oil and gas
• Food and beverage
• Agriculture
• By Geographical Region:
• Regional preferences
• Regulatory requirements
• Market dynamics
• By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
• By Company
• Greif, Inc.
• Mauser Group
• SCHÜTZ GmbH & Co. KGaA
• Time Technoplast Ltd.
• Hoover Ferguson Group
• Balmer Lawrie & Co. Ltd.
• Sicagen India Ltd.
• Industrial Container Services, LLC
• Fibrestar Drums Limited
• Snyder Industries, Inc.
• Sonoco Products Company
• Great Western Containers Inc.
• Myers Container LLC
• Myers Industries, Inc.
• Eagle Manufacturing Company