According to the study, “Asia Flexitanks Industry Situation And
Prospects Research Report” some of the major companies which are
currently functioning in the same domain for improvement in the technology and
the product across Asia include U.S. Silica, Fairmount Santrol, Preferred Sands,
Badger Mining Corporation, Unimin Corporation, Chieftain Sand, Emerge Energy
Services LP, Carbo Ceramics, Hi-Crush Partners LP, Smart Sand Inc., Chongqing
Changjiang and others. Flexitanks industry is still in its nascent stage which
is yet receiving funding from various organization and investors, making it a
highly attractive industry. In addition, the usage of flexitanks decreases the
cost of transportation of liquids and makes it more effective by more
developments in this industry.
In the ancient era companies have to spend a huge
amount on the transportation but the invention of flexitanks offer huge cost
saving as compared to traditional transportation method for bulk commodity
traders. Flexitanks are more reasonably priced then drums and ISO tanks.
Flexitanks are just like bags which are used to transport large quantities of
liquid. Usually flexitanks are employed for transportation of non-hazardous liquid
such as sweeteners, wine, fruit juices and others. Moreover, the flexitanks is
classified in two segments of market such as type 1 and type 2. Not only has
this, the application of flexitanks are segmented into the market such as food
applications, industrial applications, chemical applications and others.
Majorly use of flexitanks in transportation of liquids has led to growth in the
market even more in the recent years.
In Asia-Pacific region, demand for flexitanks is
majorly among the countries which have business related to transportation of
non-hazardous liquids. In addition, the flexitanks can be used for any liquid
and semi-solid food material. With all this applications the key player are
functioning very effectively in this sector of market for the development in
the technology and making cost more economical. Significant growth in the
demand of flexitanks has led the companies to currently invest in updating and
upgrading their technologies in order to maximize the demand and minimize the
cost that is involved. In future, it is estimated that the future of packaging
is going to take a significant role in the industry.
Moreover, the demand of flexitanksis increasing due
to its capacity and increasing availability for means of transportation coupled
with surging demand for food and beverages. Likely, increasing wine trade has
triggered the usage of flexitanks in recent past, and a same trend is expected
to witnessa rapid growth in the forecast period. Not only beverages are
transported but the chemicals are also transported but non-hazardous. With all
these applications the flexitank market is spread across the Asia-Pacific
region including China, India, Japan, Korea, Saudi Arabia and other regions.
However unsurprisingly, Asia-Pacific region is expected to be the fastest
growing market which will account highest share in the market due to rapid
industrialization and export and import of non-hazardous liquid across the
globe. Moreover, the report also consist
the more importance of flexitanks which give a significant growth to the market
and led to competition in the market by countries. Therefore, the companies
doing their business more effectively and being a witness in the significant
growth of the product in the forecast period.
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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
