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Flexitanks are increasingly being used to transfer industrial products and oils . They are gaining popularity amongst exporters due to the environmental and economic benefits of bulk commodity shipping .
Region wise , the market is spilt into Asia Pacific , Europe , North America and MEA ( Middle East & Africa ). Asia Pacific led the market in 2014 . It consumed over 60 % of the global volumes that year . Optimistic outlook on commodity export in Indonesia , China , Thailand , India and Vietnam has been a key driver .
Europe is an important exporter of several foodstuffs and wine . Denmark , Spain and the Netherlands export fruit juices , malt extracts , olive oil , etc . European demand for flexitanks in chemicals & oil applications is growing on account of rising manufacture of chemical and industrial products in Germany and UK .
Key companies in the global flexitanks market include Trans Ocean Bulk Logistics Ltd , Environmental Packaging Technologies Inc ., SIA Flexitanks Ltd ., and Qingdao LAF Packaging Co . Ltd . High integration exists among distributors , manufacturers and logistics services .
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