The major players in the reconditioned steel drums market include Greif, Inc., Mauser Group B.V., The Cary Company, Rahway Steel Drum Co Inc., Mitchell Container Services, Inc., Chicago Steel Container Corp., General Steel Drum LLC, Schutz Container Systems, Inc., North Coast Container Corp., Metal Drum Co Ltd/The, Industrial Container Services, Inc., James G Carrick & Co Ltd, Clouds Drums Dubai LLC, Skolnik Industries Inc., Izvar Ambalaj Sanayi VE Ticaret AS.
Rising environmental concern across the globe is consider as a key factor that drive the market growth. Furthermore, high cost of raw materials and high cost of production is another factor that propel the demand. In addition to this, high value added taxes and implementation of strict rules and regulation by many government is boosting the market growth. Apart from this, key players are focusing towards acquisition or collaboration with local / regional unorganized players who provide reconditioning services. Other factor includes rising demand from many end-use industry, for instance, industrial chemical packaging is expected to fuel the demand over the forecast period.
The entire reconditioned steel drums market has been sub-categorized into material type, head type, size and end use industry. The report provides an analysis of these subsets with respect to the geographical segmentation.
By Material Type
- Stainless Steel Drums
- Cold Rolled Steel Drums
- Carbon Steel Drums
By Head Type
- Tight Head (closed top) Reconditioned Steel Drums
- Open Head (removable top) Reconditioned Steel Drums
By Size
- Capacity Up to 10 Gallons
- 10- 25 Gallons
- 25- 40 Gallons
- 40-55 Gallons
- Capacity of 55 Gallons and above
By End Use Industry
- Food & Beverages
- Pharmaceuticals & Healthcare
- Building and Construction
- Oils & Lubricants
- Chemicals and solvents
- Paints & Dyes
- Agriculture & Allied Industry (Fertilizers / Pesticides)
- Other
current and future demand for reconditioned steel drums market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa
Source: https://www.valuemarketresearch.com/report/reconditioned-steel-drums-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.