Global Industrial Drums Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Industrial Drums Market 2021 (Includes Business Impact of COVID-19)
Global Industrial Drums Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028 report has been recently generated by Trusted Business Insights. The global industrial drums market report has been segmented on the basis of product type, capacity, end user, and region.
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Global Industrial Drums Market: Introduction


An industrial drum is a cylindrical hollow holder used principally for the mass freight delivery. Industrial drums can be made up of paperboard (also known as fiber drum), steel, and even plastics. These drums are specifically used for fluids and shipping powders and unsafe items.


Global Industrial Drums Market: Dynamics


The global industrial drums market is expected to register significant growth over the forecast period, owing to increasing global trade. In addition, increasing product demand among various end-user sectors, manufacturers of chemicals, materials, and petroleum lubricants, in particular, is expected to drive the growth of the global industrial drums market over. Industrial drums are estimated to become an economical means of transport packaging for delivery of other non-hazardous products, such as wines, fruit juices, etc. Prominent industrial packaging manufacturers have teamed up with local as well as international plastic packaging manufacturers in order to increase their product range and to meet the increasing demand from various end-use industries. Moreover, expansion of manufacturing activities in the developing economies across the globe is expected to trigger demand for industrial drum, which in turn is expected to drive growth of the global industrial drums market over the estimated time period. Availability of industrial drums according to customer specific requirement is also expected to augment growth of the global industrial drums market.

The adoption rate of automation technology in the production process of industrial drums is slow and is expected to impact growth of the global market over the estimated time period. Complexities in the supply chain is a challenge as the manufacturers struggle to reject the demand variability. Continuous pressure to decrease product costs while redefining overall product offering is also expected to affect the market growth to a certain extent over the forecast period.


Global Industrial Drums Market: Analysis by Region


Asia Pacific market is likely to register a considerable growth rate in the industrial drums market over the forecast period, owing to the extensive use of industrial drums in vegetable oil and wines export. Oil exporters in the Southeast Asian region, such as Indonesia & Malaysia prefers industrial drums in comparison to other packaging solutions. Industrial drums offer high efficiency and operational effectiveness in the transportation of major products in liquid form. North America market is also expected to capture a major revenue share in the global industrial drums market over the forecast period, owing to the increasing demand for fertilizers and chemical from several industries.


Below are the active patents related to Industrial Drums Market.


Patent Number: CA2372365C

Tighthead drum

Abstract

A one piece thermoplastic tighthead drum having a drum body, a bottom, a top and at least one handling ring, at least one of said top and/or bottom including a raised central section surrounded by an annular groove defined by a groove floor, a first sidewall connecting the groove floor and the raised central section and a second sidewall comprising at least a portion of the handling ring. The drum body, the top and/or bottom having the handling ring associated with it and the handling ring converge in an area of merger, the interior surface of which comprises a smooth undulating surface having at least four radii. The configuration provides a double hinge for minimizing the effects of drop impact in the area of merger.

Application File Date: 2002-02-19

Application Granted Date: 2006-06-27

Current Assignee: Mauser Werke GmbH RSH ACQUISITION CORP Mauser USA LLC

Patent Number: US7138574B1

Drumhead tightening and tuning apparatus

Abstract

An apparatus for tightening a drumhead having a rim and a skin set on a drum body portion. The apparatus utilizes an annular member having a track. A fastener is also employed for holding the annular member relative to the drum body. A retainer is provided and includes a surface for engaging the rim of the drumhead with at least one projection which engages the track of the annular member. The retainer is capable of rotating to move the projection along the track to loosen or tighten the skin of the drumhead through contact with the drum body.

Application File Date: 2004-09-09

Application Granted Date: 2006-11-21

Inventor: David M. Spinazzola

Global Industrial Drums Market Segmentation:

Segmentation by Product Type:

  
Steel Drum
  
Plastic Drum
  
Fiber Drum

Segmentation by Capacity:

  
Up to 100 Liter
  
100 to 250 Liter
  
250 to 500 Liter
  
Above 500 Liter

Segmentation by End-User:

  
Building & Construction
  
Chemical & Fertilizers
  
Food & Beverages
  
Other End Uses
  
Paints, Inks, & Dyes
  
Petroleum & Lubricants
  
Pharmaceuticals


Key Market Players included in the report:


  
Balmer Lawrie & Co. Ltd
  
BWAY Corporation
  
Chicago Steel Container Corporation
  
Clouds Drums Dubai LLC
  
Container Solutions
  
Eagle Manufacturing Company
  
FDL Packaging Group
  
Fibre Drums.
  
General Steel Drum LLC
  
Greif Inc.
  
Industrial Container Services LLC
  
Izvar Ambalaj Sanayi VE Ticaret AS
  
James G Carrick & Co Ltd
  
Mauser Group NV
  
Metal Drum Co Ltd/The
  
North Coast Container Corp.
  
Orora Packaging Australia Pty Ltd
  
Rahway Steel Drum Co Inc.
  
S. COEXCELL
  
Schutz Container Systems
  
Sicagen
  
Skolnik Industries Inc.
  
Time Technoplast Ltd
  
TPL Plastech Limited
U.S. COEXCELL INC

April 2021 - Mauser Packaging Solutions acquired the Global Tank Srl through Joint Venture NCG-Maider in Italy. Via this acquisition, Mauser Packaging Solutions will further extend the offering of industrial packaging products (Steel & Plastic drums) and services in the Italian market while strengthening the company’s position as one of the prominent market players in reconditioning.

May 2020 - SCHUTZ GmbH & Co. KGaA SchUtz added the new Ecobulk MX 560 to its extensive product range. This new IBC has a lower height than standard models and a nominal volume of 560 liters or 150 gallons, making it ideal for applications where smaller containers are an advantage, but where maximum performance and the highest quality are also decisive.

February 2020 - Greif announced the expansion of its plastics operations on the West Coast of the United States. The company is installing a plastic drum blow molding machine in its Merced, CA facility and is in an operational position.