DUBLIN, Apr. 26, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Flexible Intermediate Bulk Container Market 2017-2021" report to their offering.

The global FIBC market to grow at a CAGR of 6.3% during the period 2017-2021.

The report, Global FIBC Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The 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.

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.

According to the 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.

Key vendors

• Berry Plastics
• Conitex Sonoco
• Greif
• Global-Pak
• Plastipak
  

Other prominent vendors

• 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
• Taihua Group
  

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by end-users

PART 07: Geographical segmentation

PART 08: Key leading countries by production

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

PART 15: Key vendor analysis

PART 16: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/kd4j87/global_flexible

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SOURCE Research and Markets