U.S. High Density Polyethylene Plastic Pails Market Size, Share & Trends Analysis Report By Size (Small, Medium, Large), End Use (Paints & Coatings; Polymer, Resins & Adhesives), By Region, And Segment Forecasts, 2019 - 2025

Published: Nov, 2019 | Pages: 70 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The U.S. high density polyethylene plastic pails market size is projected to reach USD 250.3 million by 2025, registering a CAGR of 4.8% over the forecast period, according to a new report by Grand View Research, Inc. Industrial development in U.S. has had favorable impacts on the growth. Ascending demand from the construction industry is one of the key factors bolstering the demand for High Density Polyethylene (HDPE) plastic pails in U.S. The rise in construction spending has had a favorable impact on the industry by augmenting the demand for pails across various industries, including paints and coatings, chemicals and petrochemicals, and adhesives, among others.

Paint packaging is another major industry driving the growth of the HDPE plastic pails. The market is also driven by the increasing popularity of environmentally friendly paints with low Volatile Organic Compounds (VOCs). This trend has led many a prominent player in the paint industry to introduce a new range of paints, thereby necessitating the employment of paint packaging containers, such as HDPE pails. In essence, the demand for HDPE pails is principally driven by increasing construction and industrial spending in U.S.

The polymers industry in U.S. is also expected to have significant impacts on the future growth of the HDPE plastic pails market. With the significant growth in demand for polymers from major industries such as marine, aerospace, industrial equipment, package printing, and concrete, the demand for HDPE plastic pails in polymers, resins, and adhesives segment is expected to expand at a healthy CAGR of 4.2% during the forecast period.

Southeast region accounted for the largest market share in terms of revenue in 2018, driven by various manufacturing trends, most notably in the field of advanced manufacturing in the aerospace and automotive sectors. Local and state governments in Southeast U.S. have been incentivizing manufacturing operations in the region to attract more manufacturing companies to set up their production facilities.

Further key findings from the report suggest:

• The small-sized pails product segment accounted for the largest market share of over 78% in terms of revenue in 2018. The growth is supported by the growing demand for portability, portion control, and convenience

• Medium-sized pails are preferred over smaller sizes to accommodate a greater quantity of liquids or other materials, with a majority of its demand arising from industrial and construction applications

• The polymers, resins, and adhesives segment accounted for the largest revenue share of over 33% in 2018, and is expected to continue its dominance over the forecast period

• Increasing demand for HDPE pails in the paints and coatings segment is attributable to the rising export and import of both industrial and architectural products (paints and coatings) in U.S.

• Large totes and drums are being increasingly substituted by HDPE pails (most notably five gallon pails) as they are relatively easier to use and manage

• The significant increase in construction spending in U.S., coupled with the rising demand from paint packaging applications, is expected to have a positive impact on the U.S. HDPE plastic pails market growth over the forecast period

• To offset the competition prevailing in the market, key players have established agreements with end users. This trend is expected to sustain throughout the forecast period given the high number of HDPE plastic pail manufacturers in the country

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Information Procurement
                     1.1.1 Purchased Database
                     1.1.2 Gvr's Internal Database
                     1.1.3 Secondary Sources
                     1.1.4 Third Party Perspective
                     1.1.5 Primary Research
                 1.2 Information Analysis & Data Analysis Models
                 1.3 List of Data Sources

Chapter 2 Executive Summary
                 2.1 Market Insights
                 2.2 Segmental Outlook
                 2.3 Competitive Insights

Chapter 3 . U.S. High Density Polyethylene Plastic Pails Market Variables, Trends & Scope
                 3.1 Market Lineage Outlook
                     3.1.1 Global Plastics Market Outlook
                     3.1.2 Global High-Density Polyethylene Market Outlook
                 3.2 Penetration & Growth Prospect Mapping
                 3.3 Industry Value Chain Analysis
                     3.3.1 Raw Material Trends
                         3.3.1.1 HDPE
                 3.4 Regulatory Framework
                 3.5 Market Dynamics
                     3.5.1 Market Driver Analysis
                         3.5.1.1 Surging construction spending
                         3.5.1.2 Increasing demand from the paint packaging industry
                     3.5.2 Market Restraint Analysis
                         3.5.2.1 High threat of substitutes
                 3.6 Business Environment Analysis
                     3.6.1 Industry Analysis- Porter's
                         3.6.1.1 Supplier Power
                         3.6.1.2 Buyer Power
                         3.6.1.3 Substitution Threat
                         3.6.1.4 Threat of New Entrants
                         3.6.1.5 Competitive Rivalry
                     3.6.2 PESTEL Analysis
                         3.6.2.1 Political Landscape
                         3.6.2.2 Environmental Landscape
                         3.6.2.3 Social Landscape
                         3.6.2.4 Technology Landscape
                         3.6.2.5 Economic Landscape
                         3.6.2.6 Legal Landscape

Chapter 4 U.S. High Density Polyethylene Plastic Pails Market: Size (Capacity) Estimates & Trend Analysis
                 4.1 Definition & Scope
                 4.2 Market: Size movement analysis, 2018 & 2025
                     4.2.1 small 
                         4.2.1.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                     4.2.2 medium 
                         4.2.2.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                     4.2.3 large 
                         4.2.3.1 Market estimates and forecasts, 2014 - 2025 (USD Million)

Chapter 5 U.S. High Density Polyethylene Plastic Pails Market: End Use Estimates & Trend Analysis
                 5.1 Definition & Scope
                 5.2 Market: End use movement analysis, 2018 & 2025
                     5.2.1 Paints & Coatings
                         5.2.1.1 Market estimates and forecast in paints & coatings 2014 - 2025 (USD Million)
                     5.2.2 Polymer, Resins & Adhesives
                         5.2.2.1 Market estimates and forecast in polymers, resins & adhesives, 2014 - 2025 (USD Million)
                     5.2.3 Petroleum & Lubricants
                         5.2.3.1 Market estimates and forecast in petroleum & lubricants, 2014 - 2025 (USD Million)
                     5.2.4 Others
                         5.2.4.1 Market estimates and forecast in other applications, 2014 - 2025 (USD Million)

Chapter 6 U.S. High Density Polyethylene Plastic Pails Market: Regional Estimates & Trend Analysis
                 6.1 Market: Regional movement analysis, 2018 & 2025
                 6.2 Southeast
                     6.2.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                 6.3 Northeast
                     6.3.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                 6.4 Southwest
                     6.4.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                 6.5 West
                     6.5.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                 6.6 Midwest
                     6.6.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)

Chapter 7 U.S High Density Polyethylene Plastic Pails Market - Competitive Analysis
                 7.1 Key global players, recent developments & their impact on the industry
                 7.2 Vendor Landscape
                     7.2.1 List Of Key Distributors And Channel Partners
                     7.2.2 Key Customers
                 7.3 Public Companies
                     7.3.1 Competitive Analysis
                     7.3.2 Competitive Dashboard Analysis (Pubic & Private Companies)
                 7.4 Private Companies
                     7.4.1 List Of Key Emerging Companies/Technology Disruptors/Innovators & Geographical Presence

Chapter 8 Company Profiles
                 8.1 Berry Global
                     8.1.1 Company Overview
                     8.1.2 Financial Performance
                     8.1.3 Product Benchmarking
                     8.1.4 Strategic Initiatives
                 8.2 Container Supply Company, Inc.
                     8.2.1 Company Overview
                     8.2.2 Financial Performance
                     8.2.3 Product Benchmarking
                 8.3 M & M INDUSTRIES
                     8.3.1 Company Overview
                     8.3.2 Financial Performance
                     8.3.3 Product Benchmarking
                 8.4 Century Container, LLC
                     8.4.1 Company Overview
                     8.4.2 Financial Performance
                     8.4.3 Product Benchmarking
                 8.5 Air Sea Containers, Inc.
                     8.5.1 Company Overview
                     8.5.2 Financial Performance
                     8.5.3 Product Benchmarking
                 8.6 Polyethylene Containers, Inc.
                     8.6.1 Company Overview
                     8.6.2 Financial Performance
                     8.6.3 Product Benchmarking
                 8.7 CL Smith
                     8.7.1 Company Overview
                     8.7.2 Financial Performance
                     8.7.3 Product Benchmarking
                 8.8 U.S. Plastic Corp.
                     8.8.1 Company Overview
                     8.8.2 Product Benchmarking
                 8.9 The Cary Company
                     8.9.1 Company Overview
                     8.9.2 Financial Performance
                     8.9.3 Product Benchmarking
                 8.10 Rios Containers
                     8.10.1 Company Overview
                     8.10.2 Product Benchmarking
                 8.11 Mauser Packaging Solutions (BWAY Corporation)
                     8.11.1 Company Overview
                     8.11.2 Financial Performance
                     8.11.3 Product Benchmarking
                 8.12 RPC Group Plc
                     8.12.1 Company Overview
                     8.12.2 Financial Performance
                     8.12.3 Product Benchmarking
                     8.12.4 Strategic Initiatives
                 8.13 Encore Plastics Corporation
                     8.13.1 Company Overview
                     8.13.2 Financial Performance
                     8.13.3 Product Benchmarking

List of Tables

Table 1 U.S. small HDPE plastic pails market estimates and forecasts, 2014 - 2025 (USD Million)
Table 2 U.S. medium HDPE plastic pails market estimates and forecasts, 2014 - 2025 (USD Million)
Table 3 U.S. large HDPE plastic pails market estimates and forecasts, 2014 - 2025 (USD Million)
Table 4 U.S. HDPE plastic pails market estimates and forecast in paints & coatings 2014 - 2025 (USD Million)
Table 5 U.S. HDPE plastic pails market estimates and forecast in polymers, resins & adhesives, 2014 - 2025 (USD Million)
Table 6 U.S. HDPE plastic pails market estimates and forecast in petroleum & lubricants, 2014 - 2025 (USD Million)
Table 7 U.S. HDPE plastic pails market estimates and forecast in other applications, 2014 - 2025 (USD Million)
Table 8 Southeast HDPE plastic pails market estimates and forecasts, 2014 - 2025 (USD Million)
Table 9 Northeast U.S. HDPE plastic pails market estimates and forecasts, 2014 - 2025 (USD Million)
Table 10 Southwest U.S. HDPE plastic pails market estimates and forecasts, 2014 - 2025 (USD Million)
Table 11 West U.S. HDPE plastic pails market estimates and forecasts, 2014 - 2025 (USD Million)
Table 12 Midwest U.S. HDPE plastic pails market estimates and forecasts, 2014 - 2025 (USD Million)

List of Figures

Fig. 1 Information Procurement
Fig. 2 Primary Research Pattern
Fig. 3 Primary Research Process
Fig. 4 Primary Research Approaches
Fig. 5 U.S. HDPE plastic pails market snapshot, 2018 (USD Million)
Fig. 6 Competitive insights
Fig. 7 Plastics Demand By Market Sector In Europe, 2018
Fig. 8 Penetration & growth prospect mapping, 2018
Fig. 9 Industry value chain analysis
Fig. 10 HDPE pricing trend in the U.S., 2017 (USD/Ton))
Fig. 11 U.S. construction spending, 2015-2018 (USD Trillion)
Fig. 12 U.S. HDPE plastic pails market: Size movement analysis, 2018 & 2025 (%)
Fig. 13 U.S. HDPE plastic pails market: End use movement analysis, 2018 & 2025 (%)
Fig. 14 U.S. HDPE plastic pails market: Regional movement analysis, 2018 & 2025