CHEMICAL DRUMS MARKET ANALYSIS

Chemical Drums Market, By Material (Plastic, Steel, and Fiberboard ), By Capacity (Small drums, Large drums), By Closure type (Removable lids, Bolted closures, and Drum plugs), By Application (Industrial chemicals, Pharmaceuticals, Food-grade products, and Hazardous waste), By Shape (Cylindrical, Conical, and Square), By Reusability (Single-use drums and Reusable/reconditioned drums), By Customization (Personalized labels, Logos, and Markings), By Industry (Chemical manufacturing, Pharmaceuticals, Oil and gas, Food and beverage, and Agriculture), By Geographical Region (Regional preferences, Regulatory requirements, and Market dynamics), By UN Certification (Compliance with UN regulations for hazardous material transportation), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Recent Developments

New product launches

In 2021, Stericycle launched the bio-contain 100% recycled chemical drum. This drum is manufactured using post-consumer High Density Polyethylene (HDPE), making it 100% recycled. It is specifically designed to get recycled and meet the requirements of the US EPA's Universal Waste Rule. The Bio-Contain drum offers an eco-friendly solution for chemical storage and transportation.
In 2020, Sealed Air (packaging company known for its brands: Cryovac food packaging and Bubble Wrap cushioning packaging) introduced the ChemSafe 9500 Drum. This chemical drum focuses on providing enhanced safety and security. It features a double-wall construction for added strength and protection. The drum is equipped with a tamper-evident seal, thus ensuring the integrity of the contents during storage and transportation.

Acquisition and partnerships

In 2022, Greif (industrial packaging products and services leader with a vision to be the best performing customer Service Company) completed the acquisition of Sonoco Products Company's (global packaging solutions leader) chemical drums business. This strategic move enabled Greif to enhance its product portfolio in the global chemical drums segment and broaden its customer base, thus strengthening its position in the market.
In 2021, Berry Global (leaders in plastic packaging manufacturing, process & sustainable product innovation & design) acquired the chemical drums business of RPC Group PLC (largest supplier of plastic packaging). This acquisition enabled Berry Global to expand its range of chemical drums products and extend its market reach, thus tapping into new customer segments and regions.