
IBC Rental Business Market
Chemical & Industrial Material
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Reports and Insights
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August 2022
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IBC Rental Business Market Overview
The report is titled as ‘IBC Rental Business Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the IBC Rental Business market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market.
IBC Rental Business Introduction
An intermediate bulk container (IBC) can be understood as a kind of container that serves its application to transport pastes, liquids, and solids. An intermediate bulk container is designed with several different materials. It is named “intermediate” since it is larger than a drum, but smaller than a tank. There is a wide range of applications of intermediate bulk containers across various industries around the world. For instance, in the chemical industry, intermediate bulk containers are likely to be employed to ship various kinds of powders that are utilized as constituents for a chemical compound, or they also serve applications in containing a liquid that plays a role of catalyst to accelerate chemical reactions. In addition to that, the intermediate bulk containers are utilized in the oil & gas industry to convey specimens of a given well extraction or for emergency water for exceedingly remote jobs. All the more, they are also likely to be employed at airports to hold and convey thawing chemicals. Owing to which, the intermediate bulk container (IBC) witnessed higher demand across the global markets.
The IBC rental business can be perceived as the services of renting IBCs for a short or longer time period as per the needs of the clients. The leading players of the market with low capital and having a brief requirement for IBCs are electing for rental IBCs. In the past few years, the demand for IBC rental business and services associated with it has observed a considerable spike as industry participants adopt these rental services for both industrial as well as non-industrial activities. Thus, the global IBC rental business market is projected to grow significantly over the years.
IBC Rental Business Market Segmentation
The IBC rental business market is segmented on the basis of material type, product type, content, capacity, end user, and region.
By Material Type
Stainless Steel
Plastic
By Product Type
Stainless Steel
Carbon
Plastic
Composite
By Content
Solids
Semi-Solids
By Capacity
1,001-1,500 Liters
1,501-2,000 Liters
Above 2,000 Liters
By End User
Petroleum and Lubricants
Paints, Inks and Dyes
Food and Beverages
Personal Care and Cosmetics
Synthetic and Natural Rubber
Tires and Auto Components
Pharmaceuticals
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
IBC Rental Business Market Key Players
Some of the key participating players in IBC Rental Business market are Goodpack Pte Ltd., METANO IBC SERVICES, INC., Brambles Ltd, TPS Rental Systems Ltd, IBC Containers, HOYER GmbH, Arlington Packaging (Rental) Limited, CHEP, Berry Global Inc., Bulk Lift International, LLC, Conitex Sonoco, GLOBAL-PAK, INC, Greif, Plastipak Holdings, Inc., SYSPAL Ltd., DS Smith, Plymouth Industries, Pensteel Ltd., SIA FLEXITANKS. and BASF SE
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product developments and launches
IBC Rental Business Adoption Rate, by End User
Top Companies Historical Growth Rate
Pricing Impact
Impact of Regulations
Advantages of IBC Rental Business
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.
Frequently Asked Question
What is the projected market size & Compound Annual Growth Rate (CAGR) of the IBC rental business market?
The IBC rental business market is estimated to reach at a value of US$ *** Mn by the end of 2022 and expected to reach at a value of US$ *** Mn by 2030 with a significant CAGR of ***%.
Which base year is used in the IBC rental business market report?
The base year for the report is 2021 in IBC rental business market.
What segments are covered in IBC rental business market report?
The IBC rental business market is segmented on the basis of material type, product type, content, capacity, end user, and region.
What are the key participating players in the IBC rental business market?
Some of the key participating players in IBC Rental Business market are Goodpack Pte Ltd., METANO IBC SERVICES, INC., Brambles Ltd, TPS Rental Systems Ltd, IBC Containers, HOYER GmbH, Arlington Packaging (Rental) Limited, CHEP, Berry Global Inc., Bulk Lift International, LLC, Conitex Sonoco, GLOBAL-PAK, INC, Greif, Plastipak Holdings, Inc., SYSPAL Ltd., DS Smith, Plymouth Industries, Pensteel Ltd., SIA FLEXITANKS. and BASF SE.