Industrial Drum Market Growth to Record CAGR of 7.70% up to 2029
Global Industrial Drum Market was valued at USD 10.88 Billion in 2021 and is expected to reach USD 20.67 Billion by 2029, registering a CAGR of 7.70% during the forecast period of 2022-2029. The "steel drums" accounts for the largest product type segment in the industrial drum market owing to its beneficial mechanical properties such as high strength, good protective properties like gas barrier properties, and excellent processing performance, increasing its adoption.