Steel Drums Market: Evolving Technology, Trends and Industry Analysis

Posted by Kishor on May 30th, 2019

Steel is considered as one of the most reliable and durable materials for the production of industrial grade packaging containers. Steel drums are used for packaging of liquids, semi-solids as well as powders. Steel drums perform remarkably well in an extensive range of temperatures, pressure, and humidity, while maintaining their structural integrity irrespective of heat and flame, without any leakage or spillage. Steel drums remain unaffected by the thermal shocks and are less likely to implode when proper work conditions are maintained, these conditions for handling steel drums depend on the drum contents.

Variety of steel drums are available in the market, the closed or tight head type steel drums are typically used for storing low viscosity fluids while open head type steel drums are convenient for storing solids and hazardous liquids. Steel drums continue to be a feasible option for storing and transporting chemicals, lubricants, flammable & combustible materials and more due to their fire resistant properties. Steel drums prove to be a reliable solution to the bulk packaging needs. These properties are anticipated to further propel the demand for steel drums in the global steel drums market during the forecast period.

Steel Drums Market: Dynamics           

Steel drums manufacturers across the globe are citing an increase in demand for cost-effective yet efficient packaging solutions to overcome the bulk packaging challenges. Therefore, many industrial rigid packaging manufacturers are focusing on producing innovative packaging solutions to satisfy up-and-coming demands from the end-use industries. Industries prefer steel drums over its counterparts due to their high mechanical strength, and when adequately emptied steel drums can be reused multiple times. The reconditioning and recycling helps in cutting back the expenses incurred during storage and shipping. Escalating demand for paints and dyes is creating more opportunities for the steel drums in the global packaging market.

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Steel Drums Market: Regional Outlook

Geographically, the steel drums market has been divided into seven key regions as:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Middle East & Africa
  • Japan

Steel Drums Market: Key players

  • Mauser Group B.V.
  • Greif, Inc.
  • North Coast Container Corp.
  • Rahway Steel Drum Co Inc.
  • General Steel Drum LLC
  • Skolnik Industries Inc.
  • Metal Drum Co Ltd/The
  • Clouds Drums Dubai LLC
  • James G Carrick & Co Ltd
  • Chicago Steel Container Corp.
  • Izvar Ambalaj Sanayi VE Ticaret AS
  • Industrial Container Services, Inc.
    • Schutz Container Systems, Inc.

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Kishor

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Kishor
Joined: February 12th, 2019
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