Plastic Rigid IBC Market Share, Outlook and Future Scope Analysis And Forecast To 2023
Plastic Rigid IBC Market Share Global Synopsis
IBC stands for Intermediate Bulk Container. Plastic rigid IBC are industrial containers that are self- standing, rigid and reusable. It can be lined or unlined and is made of polymer material. Various features associated with plastic rigid IBC are cost effectiveness and reusability. IBC containers are used in storing and transporting liquids such as chemicals, solvents, food ingredients, pharmaceutical products and others in bulk quantity.
The Plastic Rigid IBC Market Share is expected to grow over the CAGR of around 5.8% during the period 2017 to 2023.
Key Players
The prominent players in the Plastic Rigid IBC Market Share Schutz Container Systems (US), Greif, Inc. (US), Maschiopack GmbH (Germany), SCHĂTZ GmbH & Co. KGaA (US), Bulk Handling Australia (Australia), ZIBO JIELIN PLASTIC PIPE MANUFACTURE CO., LTD (China), WERIT Kunststoffwerke W. Schneider GmbH & Co.KG (Germany), Snyder Industries, Inc. (US), Sintex Industries (India), Hoover Ferguson Group, Inc. (US) among others.
Segmentation
For the purpose of analysis, the global Plastic Rigid IBC Market Share has been divided on the basis of four segments: material, capacity, end use, and region. On the basis of material, the market has been segmented into HDPE, LDPE, LLDPE, PVC and others. Under the material segment, HDPE accounts for the largest market share. HDPE IBC containers are preferred due to their extensive flexibility and cost effectiveness.
On the basis of capacity, the market has been segmented as follows: up to 500 liters, 500 to 1000 liters, 1000 to 1500 liters, 1500 to 2000 liters and above 2000 liters. Plastic rigid IBC containers of 500 to 1000 liters dominate the capacity segment of the market and the same is expected to grow at the highest CAGR during the forecast period.
On the basis of end-use, the market has been segmented as industrial chemicals, petroleum & lubricants, food & beverages, paints inks dyes, pharmaceuticals, and others. Food & beverages dominates the end-use segment and is expected to grow at a highest CAGR during the forecast period.
Intended Audience
End-Users
Government Associations
Research Institutes
Distribution vendors
Technology Innovators
Manufacturers
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