Market Overview:
The global carbon steel catalyst bins market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for carbon steel catalyst bins in various applications such as petroleum refining, gas processing, and petrochemical manufacturing. In addition, the growing demand for these products in regions such as North America, Latin America, Europe, Asia Pacific and Middle East & Africa is also contributing to the growth of this market.
Product Definition:
A carbon steel catalyst bin is a container that is used to store or hold a carbon steel catalyst. The purpose of the carbon steel catalyst bin is to provide a safe and secure place for the carbon steel catalyst to be stored. The importance of having a carbon steel catalyst bin is that it helps protect the environment and prevents any potential accidents from happening.
200kgs to 500kgs:
200-500 kg steel bin is used for storing carbon steel catalyst in the manufacturing of automotive and construction industry. The 200-500 kg steel bins are stackable and made available with lids, which can be closed for storage purpose. These bins are designed to withstand high pressure as well as impact from falling objects.
500kgs to 1000kgs:
500 kgs to 1000 kgs is a unit of measurement for determining the capacity of steel storage in bins. It is used as a secondary container for storing steel scrap and other ferrous materials. 500kgs to 1000kgs are widely used in the global market owing to their benefits such as ease of handling, portability, low cost, and recyclability among others.
Application Insights:
Petroleum refining emerged as the dominant application segment and accounted for a revenue share of over 35.0% in 2017. The product is widely used in petroleum refining to remove sulfur, nitrogen oxides, and other contaminants from crude oil feedstock before petrochemicals are produced from it. Petroleum refineries use catalysts to reduce the production cost of gasoline and other fuels by minimizing their dependence on precious metals such as platinum group metals (PGM) like palladium or rhodium.
Carbon steel catalysis is also used extensively across various industries including chemical processing, pharmaceuticals, paints & coatings due to its ability to promote Selective Catalytic Reduction (SCR) process which reduces the level of hazardous waste gases such as VOCs.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing petroleum refining activities in China, India, and Japan. In addition, rising government investments in expanding petrochemical capacity are anticipated to drive product demand over the forecast period.
North America accounted for 24% of global carbon steel catalyst bins market share in 2017 on account of high petroleum refining activities coupled with stringent environmental regulations by EPA and OSHA regarding refinery emissions that require upgrading or replacement of existing catalytic reforming units with modernized facilities burning clean coal gasifiers such as Integrated Gasification Combined Cycle (IGCC). This factor is projected to propel North America demand over the forecast period.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of carbon steel catalyst bins among small-scale and medium-scale businesses
- Rising awareness about the benefits of using carbon steel catalyst bins over traditional storage methods
- Proliferation of online retail platforms that offer a wide range of carbon steel catalyst bins at competitive prices
- Government initiatives to promote the use of environment-friendly products such as carbon steel catalyst bins
Scope Of The Report
Report Attributes
Report Details
Report Title
Carbon Steel Catalyst Bins Market Research Report
By Type
200kgs to 500kgs, 500kgs to 1000kgs, 1000kgs to 3000kgs, 3000kgs and more
By Application
Petroleum Refining, Gas Processing, Petrochemical Manufacturing
By Companies
Hoover Ferguson Group, CHEP, Metchem, Briller Troistar Tanks & Containers
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Carbon Steel Catalyst Bins Market Report Segments:
The global Carbon Steel Catalyst Bins market is segmented on the basis of:
Types
200kgs to 500kgs, 500kgs to 1000kgs, 1000kgs to 3000kgs, 3000kgs and more
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Petroleum Refining, Gas Processing, Petrochemical Manufacturing
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hoover Ferguson Group
- CHEP
- Metchem
- Briller Troistar Tanks & Containers
Highlights of The Carbon Steel Catalyst Bins Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 200kgs to 500kgs
- 500kgs to 1000kgs
- 1000kgs to 3000kgs
- 3000kgs and more
- By Application:
- Petroleum Refining
- Gas Processing
- Petrochemical Manufacturing
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Carbon Steel Catalyst Bins Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Carbon steel catalyst bins are used to store and dispense carbon dioxide. The bins are made of heavy gauge steel and have a capacity of up to 1,000 pounds. They are typically used in chemical plants or other industrial settings where large quantities of carbon dioxide must be handled safely and efficiently.
Some of the major players in the carbon steel catalyst bins market are Hoover Ferguson Group, CHEP, Metchem, Briller Troistar Tanks & Containers.
The carbon steel catalyst bins market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Carbon Steel Catalyst Bins Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Carbon Steel Catalyst Bins Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Carbon Steel Catalyst Bins Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Carbon Steel Catalyst Bins Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Carbon Steel Catalyst Bins Market Size & Forecast, 2018-2028 4.5.1 Carbon Steel Catalyst Bins Market Size and Y-o-Y Growth 4.5.2 Carbon Steel Catalyst Bins Market Absolute $ Opportunity
Chapter 5 Global Carbon Steel Catalyst Bins Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Carbon Steel Catalyst Bins Market Size Forecast by Type
5.2.1 200kgs to 500kgs
5.2.2 500kgs to 1000kgs
5.2.3 1000kgs to 3000kgs
5.2.4 3000kgs and more
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Carbon Steel Catalyst Bins Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Carbon Steel Catalyst Bins Market Size Forecast by Applications
6.2.1 Petroleum Refining
6.2.2 Gas Processing
6.2.3 Petrochemical Manufacturing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Carbon Steel Catalyst Bins Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Carbon Steel Catalyst Bins Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Carbon Steel Catalyst Bins Analysis and Forecast
9.1 Introduction
9.2 North America Carbon Steel Catalyst Bins Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Carbon Steel Catalyst Bins Market Size Forecast by Type
9.6.1 200kgs to 500kgs
9.6.2 500kgs to 1000kgs
9.6.3 1000kgs to 3000kgs
9.6.4 3000kgs and more
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Carbon Steel Catalyst Bins Market Size Forecast by Applications
9.10.1 Petroleum Refining
9.10.2 Gas Processing
9.10.3 Petrochemical Manufacturing
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Carbon Steel Catalyst Bins Analysis and Forecast
10.1 Introduction
10.2 Europe Carbon Steel Catalyst Bins Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Carbon Steel Catalyst Bins Market Size Forecast by Type
10.6.1 200kgs to 500kgs
10.6.2 500kgs to 1000kgs
10.6.3 1000kgs to 3000kgs
10.6.4 3000kgs and more
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Carbon Steel Catalyst Bins Market Size Forecast by Applications
10.10.1 Petroleum Refining
10.10.2 Gas Processing
10.10.3 Petrochemical Manufacturing
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Carbon Steel Catalyst Bins Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Carbon Steel Catalyst Bins Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Carbon Steel Catalyst Bins Market Size Forecast by Type
11.6.1 200kgs to 500kgs
11.6.2 500kgs to 1000kgs
11.6.3 1000kgs to 3000kgs
11.6.4 3000kgs and more
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Carbon Steel Catalyst Bins Market Size Forecast by Applications
11.10.1 Petroleum Refining
11.10.2 Gas Processing
11.10.3 Petrochemical Manufacturing
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Carbon Steel Catalyst Bins Analysis and Forecast
12.1 Introduction
12.2 Latin America Carbon Steel Catalyst Bins Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Carbon Steel Catalyst Bins Market Size Forecast by Type
12.6.1 200kgs to 500kgs
12.6.2 500kgs to 1000kgs
12.6.3 1000kgs to 3000kgs
12.6.4 3000kgs and more
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Carbon Steel Catalyst Bins Market Size Forecast by Applications
12.10.1 Petroleum Refining
12.10.2 Gas Processing
12.10.3 Petrochemical Manufacturing
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Carbon Steel Catalyst Bins Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Carbon Steel Catalyst Bins Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Carbon Steel Catalyst Bins Market Size Forecast by Type
13.6.1 200kgs to 500kgs
13.6.2 500kgs to 1000kgs
13.6.3 1000kgs to 3000kgs
13.6.4 3000kgs and more
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Carbon Steel Catalyst Bins Market Size Forecast by Applications
13.10.1 Petroleum Refining
13.10.2 Gas Processing
13.10.3 Petrochemical Manufacturing
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Carbon Steel Catalyst Bins Market: Competitive Dashboard
14.2 Global Carbon Steel Catalyst Bins Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hoover Ferguson Group
14.3.2 CHEP
14.3.3 Metchem
14.3.4 Briller Troistar Tanks & Containers