Market Overview:
The Global Spill Pallets 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 spill pallets in various end-use industries, such as secure storage of fuels, clean and waste oil, chemicals, and others. In addition, the growing awareness about environmental safety and regulations is also propelling the market growth. Based on type, polyethylene accounted for a major share of the global spill pallets market in 2017. This can be attributed to its properties such as resistance against corrosion and weathering conditions. Galvanized steel is another key type segment of the global spill pallets market due to its high strength and durability properties compared with other materials used for manufacturing spill pallets. Based on application, secure storage of fuels held a dominant share in 2017 owing to increasing demand from refineries and petrochemical plants across regions worldwide.
Product Definition:
A spill pallet is a containment device used to store and contain hazardous or non-hazardous liquids that may be spilled during the normal course of operations. Spill pallets are important because they prevent spills from reaching the ground, which can cause environmental contamination and create a slip hazard.
Polyethylene:
Polyethylene (PE) is a widely used polymer in the plastic industry. It is a lightweight, strong, and flexible material that can be recycled and reused.
Galvanized Steel:
Galvanized steel is a type of steel that has been coated with zinc. The primary function of galvanizing is to protect the metal from corrosion; however, it also improves the aesthetic appeal of the product. Galvanization consists of two processes namely electroplating and hot-dipping or galvanization.
Application Insights:
The chemical segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for chemicals across various industries, including automotive, construction and mining. Furthermore, growing investments by companies in new manufacturing facilities are expected to drive product demand over the coming years.
The secure storage of fuels segment is also estimated to witness significant growth owing to rising fuel prices across various countries globally coupled with stringent government regulations regarding transportation & storage of oil products in case of emergencies related to spills or leaks from tankers/ ships etc., storing these products on-site leads towards reducing environmental pollution as well as risks associated with accidents during transport operations which will boost industry expansion further.
Regional Analysis:
Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The regional growth is accredited to growing end-use industries, rising investments in offshore & onshore oil & gas, and increasing government spending on port infrastructure development. In addition, rising demand for packaged food products has led to an increase in consumption of secure spill pallets across various countries such as China, India and Japan.
The Asia Pacific market was followed by Europe which accounted for a significant revenue share owing to stringent regulations imposed by various governments pertaining spillage of hazardous materials that require specialized handling techniques. For instance; according to International Maritime Organization (IMO), there are certain requirements that need be followed while shipping crude oil which includes using double-hulled vessels or special bulk carriers with integral tanks capable of containing spills until they are cleaned up automatically without causing harm to environment or coastline etc.
Growth Factors:
- Increasing demand for Spill Pallets from various end-use industries, owing to the growing awareness about the benefits of using spill pallets.
- Rising concerns over environmental pollution and health hazards caused by spills, which is driving the demand for Spill Pallets across the globe.
- Growing investments in research and development activities for developing innovative spill containment solutions, which is propelling the growth of the Spill Pallets market worldwide.
- Technological advancements in manufacturing processes that have resulted in enhanced design and performance of spill pallets, boosting their adoption across various industries globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Spill Pallets Market Research Report
By Type
Polyethylene, Galvanized Steel, Other
By Application
Secure Storage Of Fuels, Clean And Waste Oil, Chemicals, Other
By Companies
Brady Corporation, DENIOS, New Pig, Nilkamal, UltraTech International, Brady Corporation
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
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Spill Pallets Market Report Segments:
The global Spill Pallets market is segmented on the basis of:
Types
Polyethylene, Galvanized Steel, Other
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
Secure Storage Of Fuels, Clean And Waste Oil, Chemicals, Other
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:
- Brady Corporation
- DENIOS
- New Pig
- Nilkamal
- UltraTech International
- Brady Corporation
Highlights of The Spill Pallets 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:
- Polyethylene
- Galvanized Steel
- Other
- By Application:
- Secure Storage Of Fuels
- Clean And Waste Oil
- Chemicals
- Other
- 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 Spill Pallets 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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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?
Spill pallets are a type of pallet made specifically for the transportation and storage of liquids, such as paint, varnish, and other chemicals. They are often designed to be lightweight and easy to move around, making them ideal for use in areas with high traffic or where space is at a premium.
Some of the key players operating in the spill pallets market are Brady Corporation, DENIOS, New Pig, Nilkamal, UltraTech International, Brady Corporation.
The spill pallets 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 Spill Pallets 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 Spill Pallets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Spill Pallets 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 Spill Pallets 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 Spill Pallets Market Size & Forecast, 2018-2028
4.5.1 Spill Pallets Market Size and Y-o-Y Growth
4.5.2 Spill Pallets Market Absolute $ Opportunity
Chapter 5 Global Spill Pallets 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 Spill Pallets Market Size Forecast by Type
5.2.1 Polyethylene
5.2.2 Galvanized Steel
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Spill Pallets 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 Spill Pallets Market Size Forecast by Applications
6.2.1 Secure Storage Of Fuels
6.2.2 Clean And Waste Oil
6.2.3 Chemicals
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Spill Pallets 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 Spill Pallets 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 Spill Pallets Analysis and Forecast
9.1 Introduction
9.2 North America Spill Pallets 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 Spill Pallets Market Size Forecast by Type
9.6.1 Polyethylene
9.6.2 Galvanized Steel
9.6.3 Other
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 Spill Pallets Market Size Forecast by Applications
9.10.1 Secure Storage Of Fuels
9.10.2 Clean And Waste Oil
9.10.3 Chemicals
9.10.4 Other
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 Spill Pallets Analysis and Forecast
10.1 Introduction
10.2 Europe Spill Pallets 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 Spill Pallets Market Size Forecast by Type
10.6.1 Polyethylene
10.6.2 Galvanized Steel
10.6.3 Other
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 Spill Pallets Market Size Forecast by Applications
10.10.1 Secure Storage Of Fuels
10.10.2 Clean And Waste Oil
10.10.3 Chemicals
10.10.4 Other
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 Spill Pallets Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Spill Pallets 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 Spill Pallets Market Size Forecast by Type
11.6.1 Polyethylene
11.6.2 Galvanized Steel
11.6.3 Other
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 Spill Pallets Market Size Forecast by Applications
11.10.1 Secure Storage Of Fuels
11.10.2 Clean And Waste Oil
11.10.3 Chemicals
11.10.4 Other
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 Spill Pallets Analysis and Forecast
12.1 Introduction
12.2 Latin America Spill Pallets 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 Spill Pallets Market Size Forecast by Type
12.6.1 Polyethylene
12.6.2 Galvanized Steel
12.6.3 Other
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 Spill Pallets Market Size Forecast by Applications
12.10.1 Secure Storage Of Fuels
12.10.2 Clean And Waste Oil
12.10.3 Chemicals
12.10.4 Other
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) Spill Pallets Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Spill Pallets 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) Spill Pallets Market Size Forecast by Type
13.6.1 Polyethylene
13.6.2 Galvanized Steel
13.6.3 Other
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) Spill Pallets Market Size Forecast by Applications
13.10.1 Secure Storage Of Fuels
13.10.2 Clean And Waste Oil
13.10.3 Chemicals
13.10.4 Other
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 Spill Pallets Market: Competitive Dashboard
14.2 Global Spill Pallets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Brady Corporation
14.3.2 DENIOS
14.3.3 New Pig
14.3.4 Nilkamal
14.3.5 UltraTech International
14.3.6 Brady Corporation
