The growing sales of automobiles and various manufacturing activities across developing economies are opening new opportunities for the growth of the market. Jerry cans are used to store and transport various chemicals, oils, and lubricants. Growing demand for leakage-free and moisture resistant packaging is expected to generate growth opportunities for the Jerry Cans Market Share. However, different regulations and standards associated with the packaging may hinder the growth of the market.
Market Research Analysis
For the purpose of this study, the global Jerry Cans Market Share has been divided on the basis of five segments namely material, capacity, molding process, end user, and region. On the basis of material, the market has been segmented into plastic and metal. Under the material segment, plastic accounts for the largest market share. Plastic jerry cans are preferred due to their durable, leakage-free, chemical and temperature resistant, and lightweight packaging.
On the basis of molding process, the market has been segmented as blow molding, injection molding, and extrusion molding. Blow molding dominates the molding process segment of the market and is expected to grow at the highest CAGR during the forecast period. Rise in demand for transportation of oil, chemicals, and other for various industrial applications is driving the growth of this segment.
On the basis of end-use, the market has been segmented into chemicals & agrochemicals, pharmaceuticals, oil & gas, food & beverages, and others. Oil & gas dominates the end-use segment of the market and is expected to grow at the highest CAGR during the forecast period. Rise in demand for jerry cans across the oil & gas segment, attributed to growth in automobile sales and manufacturing activities.Â
Scope of the Report
This study provides an overview of the global COVID-19 Impact, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and the rest of the world (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global Jerry Cans Market Share by its material, by capacity, by molding process by end use, and region.
Key Players
The prominent players in the Jerry Cans Market Share Scepter Canada Inc. (Canada), Mauser Group B.V. (Netherlands), Greif Inc. (US), Elkhart Plastics, Inc. (Indiana), Barrier Plastics, Inc (USA), WERIT Kunststoffwerke W. Schneider GmbH & Co.KG (Germany), Denios AG (Germany), Parekhplast India Limited (India), Yates Steels Ltd (UK), SCHÃœTZ GmbH & Co. KGaA (Germany) and among others.
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