Global Drum Liners Market Report is highly intended to offer robust acumen considering Drum Liners Market industry to aid a market contender with insightful analysis for Drum Liners Market size, share, competitive scenario, segments, sub-segments, and dominant industry competitors. The report focuses on the historic and current situation of the market to provide valuable forecast analysis based on sales revenue, global demand, and growth rate of the market.
Global Drum Liners market size will increase to 180.4 Million US$ by 2025, from 133.4 Million US$ in 2018, at a CAGR of 4.4% during the forecast period.
Market Key Players
CDF Corporation, Fujimori Kogyo, NITTEL, International Plastics, Protective Lining Corp, Vestil Manufacturing, ILC Dover, The Cary Company, Welch Fluorocarbon, Dana Poly, SPP Poly Pack.
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Market outlook and forecast for Drum Liners
The growth of the adhesive industry is one of the critical factors that will trigger the growth of the global drum liners market during the forecast period. Advanced economies in North America and Western Europe are the principal consumers of adhesives. The increase in motor vehicle manufacturing, electronics, packaging, tapes, labels, and footwear industries drive the demand for adhesives in this region. Moreover, the demand for adhesives will also increase from the emerging economies such as China and India owing to the rapid growth of the construction industry. This rising demand for adhesives will drive the need for drum liners because of the utility of drums. The global drum liners market will grow at a CAGR of close to 3% during the forecast period.
Segmentation: Drum Liners market
Drum Liners Breakdown Data by Type
Flexible Drum Liner
Rigid Drum Liner
Semi-rigid Drum Liner
Drum Liners Breakdown Data by Application
Petroleum & Lubricants
Food and Beverages
Cosmetics and Pharmaceuticals
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North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Geographically, North America is the largest region accounting for 34.1% of the global drum liner market in 2017 and is estimated to decline and reach 32.97% of the global market by the end of 2022. Asia-Pacific is expected to hold about 21.78% of the global drum liner market share in 2017 and is expected to reach 24.1% by the end of 2022.
Major Highlights of the Drum Liners Market
CAGR of the market during the forecast period 2019-2025
Detailed information on factors that will accelerate the growth of the Drum Liners during the next five years
Precise estimation of the global Drum Liners market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the Drum Liners industry across APAC, Europe, MEA, North America, and South America
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details of factors that will challenge the growth of Drum Liners companies
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