This report presents the worldwide Drum Storage Racks market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Drum storage racks are essential tools in the material handling industry. They are used for bolstering the handling and storing of drums that encase materials such as chemicals, petrochemicals, solvents, paints, fertilizers, and food and beverage chemical preservatives and additives.
More than 38% of the market’s incremental growth is expected to come from the North Americas. The countries in the region are focusing on the development of their chemical infrastructure. Moreover, the region also comprises of some of the leading oil-producing companies such as the US, Mexico, and Venezuela. This, coupled with the growing demand for oil and chemical products will drive the need for drum storage racks in this region.
The Drum Storage Racks market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Drum Storage Racks.
The following manufacturers are covered in this report:
Wesco Industrial Products
Drum Storage Racks Breakdown Data by Type
Drum Storage Racks Breakdown Data by Application
Chemicals and fertilizers industry
Petroleum and lubricants industry
Drum Storage Racks Production by Region
Drum Storage Racks Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Drum Storage Racks status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Drum Storage Racks manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Drum Storage Racks :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Drum Storage Racks market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.