LONDON--(BUSINESS WIRE)--Technvaio forecast the global drum liner market is expected to grow by USD 38.18 million during 2021-2025. This marks a significant market slow down compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of almost 2%.
For the Right Perspective & Competitive Insights- Request Free Sample Report on Pandemic Recovery Analysis
Read the 120-page report with TOC on "Drum Liner Market Analysis Report by Material (Flexible and Rigid) and Geography (North America, Europe, APAC, MEA, and South America), and the Segment Forecasts, 2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales and supply functions. https://www.technavio.com/report/report/drum-liner-market-industry-analysis
The drum liner market is driven by the growth of the global chemical warehousing and storage market. In addition, the growth of the adhesive industry is anticipated to boost the growth of the drum liner market.
Countries such as the US, China, South Korea, Japan, and Saudi Arabia account for more than 45% of the global chemical warehousing and storage market. These countries record a total storage capacity of 210 million cubic meters due to the rising chemical sales. The storage capacity in these counties attributes to the increased demand for agrochemicals and polymers. As most of the chemicals are stored in drums or barrels, the growth of the global chemical warehousing and storage market increases the demand for drum liners during the forecast period.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Major Five Drum Liner Companies:
BASCO Inc.
BASCO Inc. operates its business through the Unified segment. The company offers a wide array of drum liners with various materials such as HDPE, LDPE, PP, PTFE, SS.
Dana Poly Inc.
Dana Poly Inc. operates its business through Packaging products and Services. The company offers several options for drum liner products such as the round bottom, flat bottom, rigid, and semi-rigid.
Desco Industries Inc.
Desco Industries Inc. operates its business through the Unified segment. The company offers Velostat drum liners and Velostat conductive drum liners.
Dow Inc.
Dow Inc. operates its business through Packaging and Specialty Plastics, Industrial Intermediates and Infrastructure, and Performance Materials and Coatings. The company offers PE drum liner for various applications.
Heritage Packaging
Heritage Packaging operates its business through the Unified segment. The company offers round bottom drum liners of various materials such as foil barrier, metalized, PE, MIL-SPEC, and Co-extruded.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
Drum Liner Market Material Outlook (Revenue, USD Million, 2020-2025)
- Flexible - size and forecast 2020-2025
- Rigid - size and forecast 2020-2025
Drum Liner Market Geography Outlook (Revenue, USD Million, 2020-2025)
- North America - size and forecast 2020-2025
- Europe - size and forecast 2020-2025
- APAC - size and forecast 2020-2025
- MEA - size and forecast 2020-2025
- South America - size and forecast 2020-2025
Are you a start-up willing to make it big in the business? Grab an exclusive Report
Related Reports on Industrials Include:
Returnable Transport Packaging Market in APAC- The returnable transport packaging market size in APAC is segmented by end-user (food and beverage industry, manufacturing industry, and retail industry), geography (China, Japan, India, South Korea (Republic of Korea), and Rest of APAC), and key vendors. Click Here to Get an Exclusive Free Sample Report
Last-Mile Delivery Market in North America- The last-mile delivery market size in North America is segmented by service (B2C and B2B), geography (the US and Canada), and key vendors. Click Here to Get an Exclusive Free Sample Report
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.