The global plastic rigid (IBC) market is predicted to grow at a steady rate over the forecast period, reaching a substantial strong value in 2020. The rapid expansion of the pharmaceutical, food and beverage, cosmetics, and home chemicals sectors is a major element driving market revenue growth. In addition, over the projection period, growing industrialization is expected to raise demand for plastic IBC.
Intermediate bulk containers are multi-use industrial grade reusable containers that are pallet mounted and used for storing, handling, and transporting bulk powders and liquids. IBC tanks are divided into two categories: rigid and flexible. Plastic rigid IBCs are manufactured of polyethylene (PE) and are quite inexpensive.
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The study includes a company market share analysis to provide a more comprehensive picture of the major industry players. The study also covers important market strategic developments such as acquisitions and mergers, new product launches, agreements, partnerships, collaborations and joint ventures, research and development, and geographical expansion of major market participants on a global and regional basis. Furthermore, the research looks at the product portfolios of various organisations in different locations.
Segmenting the market by product type, capacity, end-user, and region, the study provides a clear picture of the plastic rigid IBC market. The market has been estimated from 2018 to 2024, and all segments have been examined based on current and projected trends. North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa are among the regions segmented.
Some major players operating in the global plastic rigid IBC market are, Bulk Handling Australia, Schutz Container Systems, Greif, Inc., Jielin, Maschiopack GmbH, WERIT, Snyder Industries, Time Technoplast Ltd., Hoover Ferguson Group, Sintex, and Mauser Group, among others.
The global plastic rigid IBC market is divided into the following segments in this report:
Global Plastic Rigid IBC Market: Product Type Analysis
● Linear Low-Density Polyethylene (LLDPE)
● Low-Density Polyethylene (LDPE)
● High-Density Polyethylene (HDPE)
● Polyvinyl Chloride (PVC)
Global Plastic Rigid IBC Market: Application Analysis
● Petroleum and Lubricants
● Industrial Chemicals
● Inks and Dyes
● Food and Beverages
The following are the segments discussed in the report:
This research covers historical data points, projections, and revenue growth for each region, major nation, and segment from 2022 to 2028, as well as analysis, industry trends, and consumption pattern insights for each region, major country, and segment. Industry trends, drivers, restraints, opportunities, threats, market strategies, segment revenue, and market share contribution by each regional and country market are included in the worldwide plastic rigid IBC market study. The research also includes an industry analysis and competitive landscape, as well as business financials and impact analysis. The research contains a comprehensive analysis and evaluation of the global plastic rigid IBC market, as well as changing dynamics and trends, scenarios, extensive market and regional segmentation, regional landscape, and regional landscape analysis and evaluation, key investments, product offers, product launches, and revenue details from the past, present, and future.
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