Global Chemical Storage Cabinets Market to Reach $2.7 Billion by 2030


Dublin, Jan. 25, 2024 (GLOBE NEWSWIRE) -- The "Chemical Storage Cabinets - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Chemical Storage Cabinets estimated at US$2.2 Billion in the year 2022, is projected to reach a revised size of US$2.7 Billion by 2030, growing at a CAGR of 2.8% over the analysis period 2022-2030. Chemicals & Petrochemicals, one of the segments analyzed in the report, is projected to record 3.3% CAGR and reach US$1.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Oil & Gas segment is readjusted to a revised 2.5% CAGR for the next 8-year period.



The U.S. Market is Estimated at $592.8 Million, While China is Forecast to Grow at 4.7% CAGR

The Chemical Storage Cabinets market in the U.S. is estimated at US$592.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$529 Million by the year 2030 trailing a CAGR of 4.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.5% and 2.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR.

Select Competitors (Total 44 Featured) -

  • Denios
  • Ecosafe
  • Justrite Manufacturing
  • Safety Storage Systems

Key Attributes:

Report AttributeDetails
No. of Pages243
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$2.2 Billion
Forecasted Market Value (USD) by 2030$2.7 Billion
Compound Annual Growth Rate2.6%
Regions CoveredGlobal


For more information about this report visit https://www.researchandmarkets.com/r/95feik

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

 
Global Market for Chemical Storage Cabinets

Contact Data