For a long time,55 gallon steel drums have been considered the mainstay of chemical industry packaging, and the most widely used industrial packaging for many types of hazardous and non-hazardous materials is still steel drums.
2003-2016 Changes in US GDP, industrial production and steel drum production
US GDP changes, US industrial production changes, and steel drum production from 2003-2016
Today, global steel drum production exceeds 220 million drums, equivalent to producing about600,000 drums every day. Laid end-to-end, they would go around the Earth more than 4.5 times.
Since the invention of steel drums in 1905, the steel drum industry has had a powerful impact on the global and regional economy. Steel drums and steel drum parts have been shown to have good economic development trends both in the US and other countries.
Before the Second World War, steel drum manufacturing was mainly concentrated in the US, Europe, and Japan. Over the past 20 years, steel production has shifted from developed countries to developing countries and emerging markets such as India, Russia, and China. Similarly, the user markets in these countries and regions are growing and changing. From 2000 to 2010, global chemical production in emerging economies grew by 84%, mainly driven by China, which accounted for 65% of the increase.
2007-2017 Global demand for paints and coatings
The chemical production center is shifting, and crude oil production bases are also beginning to shift. In 1980, the US and Saudi Arabia were the main production bases for chemicals and crude oil, by 1997, the production base had expanded to Russia and China. This expanded to South America in 2016. At the same time, global demand for paints and coatings has also increased in the Asia-Pacific region, reflecting the growth of emerging economies in the region. Changes in user markets have had a huge impact on the production of steel drums around the world.
As further research was done on the relationship between steel drum production, including metal drum cap seal production, and domestic industrial production, the US discovered an important trend, namely that steel drum production is closely related to changes in domestic production and industrial product data. These data, when compared to industrial products, more accurately reflect the market for the use of steel drums.
The number of steel drums sold in each region also varies, reflecting the growth of emerging economies in the Asia-Pacific region. In the US, the total production of steel drums is 26,788,449 drums. In contrast, we estimate the total production of steel drums in the Asia-Pacific region (AOSD) to be 110,000,000 drums.
Notice Of The End Of Tomb-Sweeping DayJuly 1, 2022Xuheng metal Qingming holiday has ended, you are welcome to consult online.We are factory of all kinds of drum accessories to global market with good quality and reasonable price,such as 2 "and 3...view
200 Liter Standard Steel Drum Manufacturing ProcessJune 30, 2022The technological process of barrel making is more complex, and it is generally assembled after the processing of all parts. Steel drum is generally composed of barrel body, barrel bottom, barrel top,...view
What Is the Importance of Steel Drum Liner Bags?June 25, 2023Steel drum liner bags are a very important part of the transportation process. Here are some important reasons why steel drum liners are used when you are putting goods in steel drums for shipping pur...view
Introduction To Tin PlatingJune 30, 2022Tin plating and its alloy are two kinds of coating with good weldability and certain corrosion resistance. It is widely used in electronic components and printed circuit boards. In addition to physica...viewMastering the Art of 55 Gallon Drum CapsFebruary 21, 2024The 55-gallon drum is a staple in many industries, from oil and chemical to food and beverage. These drums are used for storing and transporting a wide variety of materials, making them incredibly ver...viewPackaging Market And Development Trends In North AmericaJuly 1, 2022North America is the world's second largest packaging market after China. As of 2017, the apparent packaging consumption in North America was approximately US$2030 billion. Although packaging in N...view
EN
ko 
fr 
de 
es 
it 
ru 
pt 
ar 
vi 
th 
