Global Stainless Steel IBC Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030
Stainless steel IBCs are suitable for the handling and storage of a wide range of liquids, semi solids, and granulated commodities.
Market Overview:The latest research study on the global Stainless Steel IBC market finds that the global Stainless Steel IBC market reached a value of USD 375.07 million in 2023. It’s expected that the market will achieve USD 589.63 million by 2029, exhibiting a CAGR of 7.83% during the forecast period.
The use advantage of the product
Stainless steel IBC has unique properties and advanced chemical resistance due to its stainless steel material. During the manufacturing process, chromium reacts with oxygen to form a protective oxide film on the surface of the container, so that once the surface of the container is damaged, the protective film can also repair itself, so that stainless steel IBC has a long service life. And this metal structure provides non-permeable and residue-free properties, which is ideal for applications with high purity or sensitive materials, so this product is very suitable for application in the chemical industry. In addition, IBCs are highly portable and reusable, easy to operate, fill, load, and unload, and generally require little maintenance beyond cleaning and inspection approvals. And stainless steel IBC in the process of operation can collide without deformation, damage also has a certain degree of self-repair, so it can be transported by air, sea, car and other means. The superior performance and unique properties of stainless steel IBC products make them occupy an important market share in the IBC market and become one of the first choices for storage and transportation.
Region Overview:Europe is projected to account for a considerable share of the Stainless Steel IBC market and is expected to become the largest region by 2028.
Company Overview:Schafer Werke Gmbhis one of the major players operating in the Stainless Steel IBC market, holding a share of 19.18% in 2023.
Schafer Werke Gmbh is a steel processing group with diversified business areas: SCHAFER Office and Operating Equipment, SCHAFER Container Systems IBC, SCHAFER Container Systems KEG, Schafer Office and operating equipment, Schafer Container Systems IBC, Schafer Container Systems KEg, SCHAFER IT-Systems and SCHAFER Perforated Sheets operates worldwide.
Segmentation Overview:Among different product types, Up to 1000 L segment is anticipated to contribute the largest market share in 2028.
According to the capacity division, the capacity of the product is Up to 1000 L, 1001 to 1500 L, 1501 to 2000 L and Above 2000 L. In the market segment classified by capacity, 1000L stainless steel IBC is the most popular, so it accounts for the largest share in the market segment.
Application Overview:By application, the Industrial Chemicals segment occupied the biggest share from 2018 to 2022.
Stainless steel IBC is a container tool for the packaging, storage and transport of liquids, particles and solids. Its unique properties and superior performance can be applied to a number of industries, including industrial chemicals, petroleum g and petrochemicals, food and beverages, coatings and paints, pharmaceuticals, and more.
Key Companies in the global Stainless Steel IBC market covered in Chapter 3:Schäfer Werke Gmbh
Cedarstone Industry, LLC
Automationstechnik Gmbh
Custom Metalcraft, Inc.
Thielmann AG
Snyder Industries Inc.
Titan IBC
Finncont Oy
In Chapter 4 and Chapter 14.2, on the basis of types, the Stainless Steel IBC market from 2019 to 2030 is primarily split into:Up to 1000 L
1001 to 1500 L
1501 to 2000 L
Above 2000 L
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Stainless Steel IBC market from 2019 to 2030 covers:Industrial Chemicals
Petroleum and Petrochemical
Food and Beverages
Coating and Paint
Pharmaceutical
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)