Metal IBC Market – Global Industry Analysis and Forecast (2023-2029)

Metal IBC Market was valued at USD 1.63 Million in 2022 and is predicted to grow at a CAGR of 4.1 % to USD 2.16 Million by 2029.

Metal IBC Market Overview:

Metal IBCs are used for cross-border bulk transit and are stainless steel or carbon steel. Metal IBCs have been an essential part of the expansion of cross-border trade practices, particularly for end-users such as industrial chemicals. Metal IBCs have achieved enormous strategic relevance as a result of the significant reduction in snapping and spillage cases of bulk liquids. Furthermore, the worldwide market growth is driven by large manufacturing output and trade operations, which require the use of containers for exports and import. They are a reliable and cost-effective solution for carrying liquids because of their durability and stackable design. They are used across many industries like industrial chemicals, petrochemicals & lubricants, pharmaceutical, and many others. Metal IBC MarketTo know about the Research Methodology:-Request Free Sample Report The report explores the market's segments (Material, Design, Content-Type, End-Use, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2022 to 2029. The report investigates the market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the market's contemporary competitive scenario.

Metal IBC Market Dynamics:

An increase in demand for metal intermediate bulk container in end-use industries like automotive, construction, electrical and electronic, and packaging is expected to drive demand for the market during the forecast period. Flourishing Cross Border Businesses are expected to boost  market. Metallic IBC is made of carbon steel or stainless steel used for cross-border mass transit. Metal IBC has become an essential element of thriving cross-border trading activities, especially for various end-users such as industrial chemicals. Metallic IBC contributes significantly to minimizing liquid spills and spills. This helped them gain tremendous strategic value. In addition, the global market is driven primarily by increased trade activity and increased manufacturing production. The activities involve the need for vessels for the purpose of exports and imports activities. In the case of the shipping sector, containerization has resulted in considerable low costs, henceforth it is likely to drive the growth of the market. The utilization of RFID technology to trace and track IBCs has given a boost to customer service and saved costs, which has become a well-known trend amongst the competitors operating in the market. Strategic Collaborations are Expected to Widen Scope of Growth of the Market: Various largescale businesses have teamed up with transport and agencies to transport their goods, which includes liquids. Leading suppliers have various strategic alliances to strengthen their presence in the global IBC metal market. Working with transportation networks consists of some of the innovative tactics adopted by vendors in the worldwide market. Such measures are being taken to gain an edge over the industry's competitors. Competition among players is intensifying with the arrival of several local players who are enthusiastic about providing high-quality products. These companies are also focused on attracting new customers to their business in order to gain an edge over their competitors. Such increased competition in the market is likely to foster the growth of the global metal IBC market in the near future.

Metal IBC Market: Effect of COVID-19:

COVID-19 has caused havoc in the entire world, and almost every industry suffered a set-back, apart from few. It can be attributed to severe disruptions and changes in the manufacturing and supply-chain operations of various companies across industies, as a result of various precautionary lockdowns and other limitations imposed by governments all over the world. The worldwide Metal IBC market is no exception. Furthermore, the consumer demand has decreased as people are now more focused on reducing their non-essential expenses from their budgets as the general economic situation of most people has been badly impacted by the outbreak. On the other hand, respective governments begin to relax the restrictions, the global metal IBC market is expected to recover in the forecast period.

Metal IBC Market Segment Analysis:

On the basis of Material, the Metal IBC market has been classified into Stainless steel and carbon steel. The Stainless-steel IBCs are known to have better wear and tear qualities than carbon steel IBCs, and hence the stainless-steel IBC segment is expected to witness significant growth in the forecast period. Stainless steel held a market share of around 67.21% in the metal IBC market in 2021. The steel production through electric arc furnace method has increased in developing region because of the high availability of the scrape. On the basis of Content-Type, the Metal IBCM Market has been segmented into Liquids, Solids, And semi-solids segment. An Intermediate bulk container are primarily used for liquid transportation. The liquid segment is expected to account more than 80% share by 2029. On the basis of End-use, the Metal IBCM Market has been segmented into industrial chemicals, food and beverages, petroleum and lubricants, waste disposal/recycling, building and construction, pharmaceutical, and others. The global metal IBC market is dominated by the industrial chemicals segment. Metal IBCs are primarily utilized to transport hazardous chemicals in the industrial chemicals sub-sector. During the projection period, the dangerous chemicals segment is expected to grow at a CAGR of 4.5 %. Followed by the industrial chemical industry, the food & beverage industry and petroleum industry are expected to contribute 15% and 25% share in the market respectively during the forecast period. Metal IBC Market On the basis of region, the Metal IBC market has been segmented into North America, South America, Asia-Pacific, Middle East & Africa, and Europe. Asia Pacific is projected to be leading region With the rise of domestic industrial technologies, China's metal IBC market is expected to lead the global market in 2021, with a revenue share of 9.65% in the Asia Pacific region. China dominates the Asia-Pacific market and driving up demand for metal IBC because of the inherent development in the healthcare and pharmaceutical industries. China is expected to have a 13.66 % market share in 2032 because of its expanding population. An increase in demand for improved transportation alternatives from emerging end-users such as the food and beverage sector and waste disposal are expected to keep Asia Pacific region at dominant position during the forecast period. Key players operating in the Asia Pacific metal IBC market are employing a variety of creative strategies like collaboration with transportation networks. The market is expected to drive the market growth because of the high level of competition in the industry. Objective The objective of the report is to present a comprehensive analysis of the Metal IBC market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complex data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which is anticipated to give a clear, futuristic view of the industry to the decision-makers. The report also helps understand the Metal IBC market dynamics and structure by analyzing the market segments and projecting the Metal IBC market size. Explicit representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Metal IBC market make the report investor’s guide.

Metal IBC Market Scope: Inquire before buying

Metal IBC Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US$ 1.63 Mn.
Forecast Period 2023 to 2029 CAGR: 4.1% Market Size in 2029: US$ 2.16 Mn.
Segments Covered: by Material • Stainless-Steel • Carbon Steel
by Design • Cubical • Cylindrical
by Content-Type • Solids • Semi-Solids • Liquids
by End-use • Industrial Chemicals • Food & Beverages • Petroleum & Lubricants • Waste Disposal & recycling • Building & Construction • Pharmaceuticals • Others

Metal IBC Market, by Region

North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Metal IBC Market Key Players are:

• THIELMANN (Switzerland) • Hawman Container Services (Canada) • SYSPAL (United Kingdom) • La Garde (Switzerland) • Acura Group (United States) • Time Technoplast Ltd (Maharashtra, India) • METANO IBC SERVICES, INC. (Kent, United Kingdom) • Precision IBC (United States) • Hoover CS (United States) • Sharpsville Container (United States) • Pensteel Ltd. (United Kingdom) • Snyder Industries (United States) • Custom Metalcraft Inc (United States) • Titan IBC (Singapore) • YENCHEN MACHINERY CO., LTD (Taiwan) • Automationstechnik GmbH (Germany) Frequently Asked Questions: 1. What forecast period is considered for the Metal IBC market report? Ans. The forecast period for the Metal IBC market is 2023-2029. 2. What is the share of stainless steel in the metal IBC Market? Ans. Stainless steel in the material segment held approximately 67.21% in the global metal IBC market in 2021. 3. What is the compound annual growth rate (CAGR) of the Metal IBC market for the forecast period? Ans. The CAGR of the Metal IBC market for the forecast period 2023-2029 is 4.1 %. 4. What are the key factors driving the growth of the Metal IBC market? Ans. Flourishing Cross Border Businesses to Boost Metal IBC Market, Strategic Collaborations are Likely to Widen Scope of Growth of the Market and increased trade activity, leading to increased manufacturing production, are the key drivers of the growth of the metal IBC market. 5. What are the major key players covered in the Metal IBC market report? Ans. The major worldwide critical players in the Metal IBC market are La Garde and Acura Group.
1. Metal IBC Market: Research Methodology 2. Metal IBC Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Metal IBC Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Metal IBC Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Metal IBC Market Segmentation 4.1. Metal IBC Market, by Material (2022-2029) • Stainless-steel • Carbon Steel 4.2. Metal IBC Market, by Design (2022-2029) • Cylindrical • Cubical 4.3. Metal IBC Market, by Content Type (2022-2029) • Solids • Semi-solids • Liquids 4.4. Metal IBC Market, by End-use (2022-2029) • Industrial Chemicals • Food & Beverages • Petroleum & Lubricants • Waste disposal • Building & Construction • Pharmaceuticals • Others 5. North America Metal IBC Market (2022-2029) 5.1. North America Metal IBC Market, by Material (2022-2029) • Stainless-steel • Carbon Steel 5.2. North America Metal IBC Market, by Design (2022-2029) • Cylindrical • Cubical 5.3. North America Metal IBC Market, by Content Type (2022-2029) • Solids • Semi-solids • Liquids 5.4. North America Metal IBC Market, by End-Use (2022-2029) • Industrial Chemicals • Food & Beverages • Petroleum & Lubricants • Waste disposal • Building & Construction • Pharmaceuticals • Others 5.5. North America Metal IBC Market, by Country (2022-2029) • US • Canada • Mexico 6. European Metal IBC Market (2022-2029) 6.1. European Metal IBC Market, by Material (2022-2029) 6.2. European Metal IBC Market, by Design (2022-2029) 6.3. European Metal IBC Market, by Content Type (2022-2029) 6.4. European Metal IBC Market, by End-Use (2022-2029) 6.5. European Metal IBC Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Metal IBC Market (2022-2029) 7.1. Asia Pacific Metal IBC Market, by Material (2022-2029) 7.2. Asia Pacific Metal IBC Market, by Design (2022-2029) 7.3. Asia Pacific Metal IBC Market, by Content Type (2022-2029) 7.4. Asia Pacific Metal IBC Market, by End-Use (2022-2029) 7.5. Asia Pacific Metal IBC Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Metal IBC Market (2022-2029) 8.1. Middle East and Africa Metal IBC Market, by Material (2022-2029) 8.2. Middle East and Africa Metal IBC Market, by Design (2022-2029) 8.3. Middle East and Africa Metal IBC Market, by Content Type (2022-2029) 8.4. Middle East and Africa Metal IBC Market, by End-Use (2022-2029) 8.5. Middle East and Africa Metal IBC Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Metal IBC Market (2022-2029) 9.1. South America Metal IBC Market, by Material (2022-2029) 9.2. South America Metal IBC Market, by Design (2022-2029) 9.3. South America Metal IBC Market, by Content Type (2022-2029) 9.4. South America Metal IBC Market, by End-Use (2022-2029) 9.5. South America Metal IBC Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Automationstechnik GmbH (Germany) 10.1.1. Overview 10.1.2. Financial Overview 10.1.3. Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. THIELMANN (Switzerland) 10.3. Hawman Container Services (Canada) 10.4. SYSPAL (United Kingdom) 10.5. La Garde (Switzerland) 10.6. Acura Group (United States) 10.7. Time Technoplast Ltd (Maharashtra, India) 10.8. METANO IBC SERVICES, INC. (Kent, United Kingdom) 10.9. Precision IBC (United States) 10.10. Hoover CS (United States) 10.11. Sharpsville Container (United States) 10.12. Pensteel Ltd. (United Kingdom) 10.13. Snyder Industries (United States) 10.14. Custom Metalcraft Inc (United States) 10.15. Titan IBC (Singapore) 10.16. YENCHEN MACHINERY CO., LTD (Taiwan)
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