Introduction to the Faucet Cans Market
Faucet cans are dispensing systems designed to control the dispensing of flammable liquids in small sized containers. Faucet cans are available in the market in a variety of closing styles. A wide range of products are available for dispensing of flammable liquids. However, one of the key advantages of faucet cans is their ability to have control on the amount of liquid dispensed. Alternative solutions are relatively less efficient in comparison. Faucet cans are mostly used in lab environments and are kept on shelves. Storage and dispending of flammable and hazardous liquids must be highly regulated and the products should be compliant with mandated standards implemented by authorized organizations. The outlook for growth of the global faucet cans market is expected to remain moderate during the forecast period.
The Dynamics of Faucet Cans Market
Despite being a range of substitutes available in the market, faucet cans enjoy high preference owing to their efficient design. Therefore, one of the key factors for growth of the faucet cans market is the low threat of substitutes. Manufacturers of faucet cans differentiate their products on the basis of design and faucet style. Manufacturers of faucet cans are also focused on meeting the OSHA and NFPA code 30 requirements.
The buying power of buyers in the global faucet cans market is expected to remain high due to the presence of a relatively large number of manufacturers. Any lab having access to flammable liquids runs the risk of dangerous explosion due to exothermic reactions that are triggered by uncontrolled dispensing of chemicals. Faucet cans ensure a high degree of safety in labs having access of flammable liquids. Faucet cans are made available in a variety of capacities for a range of applications and requirements and can therefore be targeted for a wider scope of labs having different requirements.
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Faucet Cans Market: Regional Outlook
The North America region is expected to be the leading region in terms of market size in the global faucet cans market. This is due to stringent rules and regulations for safety in labs. Several manufacturers have been trying to use an improved design by using patented faucets. The Europe faucet cans market is also expected to make a significant contribution to the global market. Germany is expected to lead in terms of contribution to the Europe market. The faucet cans market is likely to witness a spike in demand in the Asia Pacific region during the forecast period. China is expected to emerge as the leading country in the Asia Pacific faucet cans market as demand for such solutions is expected to increase in the coming years. Faucet cans are likely to having high demand in countries like the U.S., Germany, France, and the U.K., among others in the Western Europe region.
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Gravity Flow Racking System Market: Segmentation
The defined scope for the global faucet cans market is as below –
By material type, the global faucet cans market is segmented as –
- Steel (Includes both galvanized and stainless steel)
- Plastic (Mostly High density Polyethylene)
*Brass and zinc are commonly used for the construction of additional faucets, but they have been considered in the study
By capacity, the global faucet cans market is segmented as –
- 1 gallon
- 2 gallon
- 3 gallon
- 5 gallon
Faucet Cans Market: Product USPs and Developments
Some of the key developments and notable faucet cans available in the market include –
- Faucet cans by Eagle have a valve that automatically closes in case the lever is not pressed avoiding leakage of flammable contents
Gravity Flow Racking System Market: Key Players
Some of the key participants operating in the faucet cans market include –
- Eagle Manufacturing Company
- Professional Paint Products, Inc.
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The study is a source of reliable data on:
- Market segments and sub-segments
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- Supply and demand
- Market size
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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)