Flexible Intermediate Bulk Container (FIBC) Market 6.3% CAGR by 2021 Says a New Report at ReportsnReports.com

PUNE, India, June 16, 2017 /PRNewswire/ --

According to the flexible intermediate bulk container industry report, the increased production and trade of horticulture products and chemicals have boosted the need for bulk packaging and hence, the demand for FIBCs. FIBCs are used in chemical, fertilizers, and food sectors. Significant growth in sectors such as food and horticulture, which are posting above average CAGRs, has led to a considerable increase in the demand for FIBCs. The growing need to reduce the overall weight of the bulk packaging and transporting materials is a major factor driving the demand for packaging sacks in the construction, chemical, and fertilizer sectors.

Complete report on flexible intermediate bulk container market spread across 72 pages, analyzing 5 major companies and providing 24 data exhibits now available at http://www.reportsnreports.com/reports/917459-global-flexible-intermediate-bulk-container-market-2017-2021.html.

Commenting on the flexible intermediate bulk container market report, an analyst says the growing environmental concern about the usage of synthetic plastic, which is mostly derived from petroleum feedstock, has encouraged the industry to develop eco-friendly plastics for consumers. Companies such as Braskem and The Dow Chemical Company have been investing heavily in developing technologies to produce bio-based polymers through biomass. We expect that bio-based polymer will be produced more than 2.5 times than its volume in 2015. Its volume was around 6.6 million tons in 2015, which is expected to grow to more than 16.7 million tons by 2020. Globally, polypropylene and polyethylene are the widely used plastics for the production of FIBCs. Increased demand for bio-based products has shifted the focus of manufacturers from synthetic to bio-based polypropylene for the production of FIBCs.

The following companies are the key players in the global FIBC market: Berry Plastics, Conitex Sonoco, Greif, Global-Pak, and Plastipak. Other prominent vendors in the market are: AmeriGlobe, B.A.G. Corp, Bulk Lift International, Halsted Corp, Intertape Polymer Group, J&HM Dickson, Jumbo Bag, Langston, LC Packaging, MiniBulk, Mondi, RDA Bulk Packaging, and Taihua Group. Buy a copy of Global Flexible Intermediate Bulk Container Market 2017-2021 report at http://www.reportsnreports.com/purchase.aspx?name=917459.

Global Flexible Intermediate Bulk Container Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. This report covers the present scenario and the growth prospects of the global flexible intermediate bulk container market for 2017-2021. To calculate the market size, the report considers the global demand for FIBC.

Further, the report states that fluctuations in the price of raw materials are another major challenge faced by vendors in the global FIBC market. Crude oil and natural gas are the major sources of naphtha and ethylene, which are the basic materials used to manufacture polypropylene. The polypropylene market and manufacturers have been facing challenges in areas such as fluctuation in the demand and supply of raw materials and volatility in prices.

The flexible intermediate bulk container market study conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Another related report is Global Aseptic Packaging Market 2017-2021, the analysts forecast the global aseptic packaging market to grow at a CAGR of 10.25% during the period 2017-2021. To calculate the market size, the report considers the revenue generated through different applications of aseptic packaging and types of aseptic packaging. The following companies are the key players Amcor, Bermis, DuPont, Reynolds Group Holdings and Tetra Laval. Other prominent vendors are Krones, Parish Manufacturing, Printpack, Robert Bosch, Scholle Packaging and SIG Combibloc. Browse complete report at http://www.reportsnreports.com/reports/857425-global-aseptic-packaging-market-2017-2021.html.

Explore other new reports on Manufacturing & Construction Market @ http://www.reportsnreports.com/market-research/manufacturing/.

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