Plastic Rigid IBC Market | COVID-19 Impact, Analysis and Demand with Forecast to 2023
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.
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Scope of the Report
This study provides an overview of the global plastic rigid IBC market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and the rest of the world (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global plastic rigid IBC market by material, by capacity, by end use, and by region. COVID-19 Impact
Key Players
The prominent players in the Plastic Rigid IBC Market Schutz Container Systems (US), Greif, Inc. (US), Maschiopack GmbH (Germany), SCHÜTZ GmbH & Co. KGaA (US), Bulk Handling Australia (Australia), ZIBO JIELIN PLASTIC
Segmentation
For the purpose of analysis, the global plastic rigid IBC market 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 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. Rise in demand for plastic rigid IBC containers across the food & beverage segment, attributed to growing demand for storage and transportation of bulk food products and various beverages across long distances from the manufacturing units. Petroleum & Lubricants segment is also expected to contribute significantly during the forecast period mainly due to increase in automobile sales.
Intended Audience
End-Users
Government Associations
Research Institutes
Distribution vendors
Technology Innovators
Manufacturers
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