Metal IBC Market to Grow Alongside Rising Need to Transport Bulk Liquids across Borders
The global metal IBC market consists of a large number of market players and the competitive landscape of the global market is highly fragmented. The top market players hold a minor share of the overall market, and this reflects the distorted division of market shares amongst the large, small, and medium-sized players. Since the market is essentially concerned with the sale of goods that help in transport of liquids, the market players have been steadfast in tying up with transport firms and agencies. However, the large number of market players makes it difficult to ascertain as to which players have succeeded in their quest to collaborate with transport channels. It is expected that the global market for IBC metal would witness the emergence of new vendors in the following years This is because there are virtually no barriers to the entry of new players and sustenance in the market is easy. The rising need to transport liquids across national and local borders has created comme...