Market Share of Industrial Drums Industry
The industrial drums market is characterized by differentiation, growing levels of product penetration, and high levels of competition. Sustainable competitive advantage can be gained through innovation in design, capacity, and application. The penetration rates of these products grow due to their increasing adoption by end-users, including chemicals and fertilizers, and the rates are expected to grow further during the forecast period. Some of the key players in the market include Greif Inc., Schütz GmbH & Co. KGaA, and Mauser Group BV.
- February 2023: Mauser Packaging Solutions expanded its product offering in South Africa by investing in state-of-the-art plastic drum manufacturing equipment. Based in Durban, South Africa, the new line manufactures UN-certified, tight-head polyethylene barrels in sizes 210 l, 232 l, and 250 l. Plastic barrels are available in mono-layer or multi-layer formats and are ideal for chemical, food, oil, and lubricant use.
- January 2023: To increase the output of open-head steel drums, SCHÜTZ Container Systems expanded its steel drum manufacturing facility in Houston, United States. This expansion and service offering provide local customers with a complete selection of new and reconditioned IBCs, PE, and steel drums.
Industrial Drums Market Leaders
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Greif Inc.
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Sicagen India Ltd
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Balmer Lawrie & Co Ltd
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Time Technoplast Ltd
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Mauser Packaging Solutions
*Disclaimer: Major Players sorted in no particular order
