Drum Dumper Market Analysis

Report Overview

The drum dumper market is likely to witness a CAGR of 6.5% during the forecast period. Drum Dumper is a drum handling equipment used for discharging bulk solid and liquid materials from drums allowing smooth, unobstructed discharge of free-flowing materials as well as non-free-flowing products containing large agglomerates dumping. It includes several components such as a drum lifter and tilter, forklift drum rotator, and lift equipment.

A drum dumper is an equipment that is employed to discharge bulk solid materials from drums. Drum dumpers are low-cost drum handling equipment that raise the drum by using hydraulic cylinders or electric motors until the material discharges on the chute or in the receiving vessel. The ability of drum dumpers to handle hazardous materials with ease is a contributing factor to the growth of the market. The use of drum dumpers in the pharmaceutical industry is also increasing due to the increasing demand for medicines following the pandemic and the increased mass production of medications to meet the market's high demand. Furthermore, rising investment by major companies in R&D on drum dumper to improve its performance, efficiency, and safety, among other things, is expected to drive rapid growth in the market during the forecast period.

Segment Analysis

Power Source Insights

Based on the power source type, the market is segmented as hydraulic and electric. The hydraulic power source type is expected to dominate the market during the forecast period on account of its low cost and the need for ergonomic design for dumping on higher surfaces. Furthermore, the hydraulic mechanism can lift materials up to 20 meters and tilt materials at various heights. Hydraulic mechanisms are used in forklifts to make better use of the mechanism.

Product Insights

Based on the product type, the market is segmented as portable drum dumpers and stationary drum dumpers. The stationary drum dumper segment is estimated to account for the major share of the market during the forecast period. The segment's dominance can be attributed to the superior features offered by stationary drum dumpers over other dumpers, such as ease of operation and rigid design.

Application Insights

Based on the application type, the market is segmented as food, chemicals, pharmaceuticals, industrial, and others. The industrial application segment is estimated to account for the major share of the market during the forecast period on account of the increasing applications of drum dumpers in a variety of industrial operations. The growing awareness and demand for precision and accuracy in industrial applications, as well as the use of drum dumpers to reduce process waste and improve operational efficiency, is driving the market growth.

Regional Analysis

In terms of regions, North America is estimated to be the leading region in the market during the forecast period. The region's dominance is led by the United States, which has emerged as the world's largest oil producing country, resulting in significant growth in the region's oil and gas industry. However, due to the rapid growth of the manufacturing, chemical, and food industries in countries such as India, China, and Indonesia, Asia-Pacific is expected to be the fastest-growing region of the market during the forecast period.

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Key Players

Some of the key players in the Drum Dumper Market are:

• METO Systems
• Valley Craft Industries
• Vestil Manufacturing Corp.
• Beacon Industries
• Flexicon Corporation
• Wuxi Tongyang Machinery
• National Bulk Equipment, Inc.
• Liftomatic Material Handling, Inc.
• Drum Runner
• Ruger Industries (David Round Company)
• KIJEKA Engineers
• Air Process Systems & Conveyors Co., Inc.
• Easy Lift Equipment, and K.Y Industries

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

What deliverables will you get in this report?

The Drum Dumper Market is segmented into the following categories-

By Power Source Type:

• Hydraulics
• Electric

By Product Type:

• Portable Drum Dumpers
• Stationary Drum Dumpers

By Application Type:

• Food
• Chemicals
• Pharmaceutical
• Industrial
• Others

By Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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