An intermediate bulk container is defined as a vessel that is useful for storage. It is a pallet, mounted industrial-grade reusable container that can be used for storing and transporting bulk liquids and powders. There are three types of IBC’s like rigid, folding, and flexible and the application of IBC is in the transportation sector to store chemicals, solvents, pharmaceuticals, and others.
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By geography, North America is going to have a huge demand during the forecast period due to the increase in the need for chemicals, paints, inks & dyes, and food applications. Increasing industrial output stabilized manufacturing sector and growing demand for efficient industrial packaging solutions are among the factors driving the growth of the IBCs market in this region.
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Some of the key players profiled in the Intermediate Bulk Containers (IBC) Market include Berry Global, Inc, Bulk Lift International, Inc, DS Smith Plc, Environment Packaging Technology Inc, HCS Group, Hoover Ferguson Group, International Paper Company, Mauser Packaging Solutions, Mondi Plc, Obal Centrum s.r.o, Pensteel Ltd, Schafer Werke Gmbh, SCHÜTZ GmbH & Co. KGaA, SIA Flexitanks Limited, Snyder Industries, Inc, SYSPAL Ltd, Thielmann US LLC, Time Technoplast Ltd, and Transtainer.
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