Fmi Releases New Report on the Intermediate Bulk Container Market 2016-2026

An intermediate bulk container is a large vessel that is used to store fluid and bulk materials and also used to transport them. An extensive growth in demand for ocean transportation viz. a viz. containers also resulted in increase of similar products and industries. Intermediate bulk container is a reusable industrial container and its main purpose is to protect large quantities of goods like food ingredients, solvents, pharmaceuticals etc. These cubical shaped containers are mainly designed to move other cans and containers using a pallet jack or a forklift. Moreover, when compared to cylindrical-shaped containers, intermediate bulk containers can transport supplementary materials in the similar footprint being cubical in shape and have a durable lifespan of more than 20 years. Intermediate bulk containers are made of various materials including plastic, fiberboard, wood, metal etc. Most of the intermediate bulk containers have a built-in faucet/tap at the base of the container through which the liquid content can be withdrawn into smaller containers by attaching hoses/pipes. Intermediate bulk containers are used to ship and store commodities and raw materials, bulk chemicals and hazardous materials, petrochemical products, food syrups etc.

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Intermediate Bulk Container Market- Market Segmentation:

Global Intermediate Bulk Container market is segmented on the basis of container type, by materials type, and by end use. On the basis of container type the global intermediate bulk container market can be segmented as rigid containers and flexible bulk container. On the basis of materials type, intermediate bulk container market can be segmented into plastic, fiberboard, wood, aluminum and metal. On the basis of end use the global intermediate bulk container market can be segmented as food and beverages, healthcare, chemical, industrial goods and other industries...