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Global Flexitanks Market Research and Upcoming Forecast Report
Author: Elena Anderson, Marketing Manager |
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Global Flexitanks Market Outlook 2026:
IMARC Group, titled “Flexitanks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global flexitanks marketexhibited strong growth during 2015-2020.
Flexitanks refer to bulk liquid storage units used to transport or store non-regulated liquids by simply placing them in a standard dry container. They are made using multiple layers of polyethylene with an outer covering of woven polypropylene and specialized coating requirements.
These coatings aid in improving structural integrity, avoiding microbial contamination and maintaining tank cleanliness. Some of the products and base materials that can be shipped in flexitanks include biodiesel, shampoo and cosmetic liquids, detergents, industrial oils, latex, emulsion, paper pulps and adhesives.
In recent years, flexitanks have gained immense traction across the globe as they are relatively a new and efficient way of storing liquids for various applications than traditional bulk tank containers. They also reduce the high cleaning costs and prevent spillage, leakage, damage and tainting of the vessel.
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Global Flexitanks Market Trends:
The market is primarily driven by the rising demand for food-grade products, such as edible oil, fruit concentrates, beverages, and non-hazardous chemical transportation, due to their high efficiency and superior protection against contamination.
Besides this, various advantages offered by flexitanks over other types of liquid containers like rigid plastic or steel tanks are also contributing to the market growth. These tanks are ideal for space-saving applications and provide the best capacity to weight ratio of any tank type.
These tanks are also widely employed as they are cost-effective and safe for both the environment and the stored liquid. Furthermore, flexitanks are used by the military and defense sector as fuel storage in emergencies for quick access to fuel in field hospitals, airports, and during natural disasters.
Moreover, there has been extensive investment in the research and development (R&D) projects to enhance the durability and yielding strength of these products for safe transportation.
On account of these factors, the market is anticipated to expand at a CAGR of around 18% during 2021- 2026.
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Key Market Segmentation:
Breakup by Product:
• Single-Trip
• Multi-Trip
Breakup by Application:
• Food
• Wine & Spirits
• Chemicals
• Oils
• Pharmaceutical Goods
• Others
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Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
Note: We are updating our research report 2021-2026. If you want to need latest primary
and secondary data with Cost Module, Business Strategy, Distribution Channel, etc
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Competitive Landscape:
• Braid Logistics UK
• Bulk Liquid Solutions (P) Ltd
• Büscherhoff Packaging Solutions GmbH
• Full-Pak
• Hengxin Plastic Co. Ltd.
• JF Hillebrand
• MY FlexiTank
• SIA Flexitanks
• TRUST Flexitanks
• Yunjet Plastic Packaging.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/flexitanks-market
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A partial List of our Clients
We are the trusted business partners to the world's leading corporates, governments, and institutionsPartial List of Clients
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© 2019 IMARC All Rights Reserved
This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).
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