Report Code : CVMI24071893 | Published Date : July 16, 2024
The global containment bunds market has emerged as a critical component of industrial safety infrastructure, valued at USD 980 million in 2019 and reaching USD 1.3 billion in 2023, with a CAGR of 5.9%. The market is projected to accelerate to USD 2.1 billion by 2031, growing at a CAGR of 7.8% from 2024 onward. This growth trajectory reflects tightening environmental regulations and escalating industrial safety demands across the chemical processing, oil & gas, and pharmaceutical sectors.
The market is characterized by increasing technological integration, with smart containment solutions gaining traction. Leading players such as Denios AG, Justrite Safety Group, and Eagle Manufacturing are driving innovation through IoT-enabled leak detection systems and modular designs, collectively holding 55% of the market share.
2. Market Drivers
Regulatory Compliance Imperatives
- EPA’s SPCC Rule (2024 Update): Mandates secondary containment for 90% of U.S. chemical storage facilities, imposing penalties ranging from USD 25,000 to 250,000 for non-compliance.
- EU Seveso III Directive: Requires double-walled containment for hazardous liquids, driving 30% demand growth in Europe.
- Asia-Pacific EHS standards are catalyzing market expansion, particularly with China’s "Zero Spill Policy" and India’s Chemical Accidents Rules.
Industrial Expansion & Risk Mitigation
- Chemical Industry Growth: Global chemical production is expanding at 4.5% annually, with 60% of new facilities in Asia-Pacific requiring bunds.
- Oil & Gas Sector Investments: Upstream projects in the Middle East and North America are adopting explosion-proof bunds, a USD 420 million segment by 2027.
Technological Advancements
- Smart Bunds: Embedded sensors allow for real-time monitoring of liquid levels (12% CAGR growth).
- Sustainable Materials: Recycled polyethylene bunds decrease the carbon footprint by 40% (adoption has increased by 25% since 2022).
3. Competitive Landscape
Dominant Players & Strategies:
Company |
Market Share (2023) |
Key Developments |
Strategic Focus |
Denios AG |
20% |
Launched IoT SmartBund™ (2024) |
Industrial leak prevention |
Justrite Safety |
XX% |
Acquired SafeTank (USD 85M, 2023) |
Fuel & flammable liquid storage |
Eagle Manufacturing |
XX% |
FDA-compliant bunds for pharma (2023) |
Chemical resistance |
Polymaster |
XX% |
Collapsible bunds for temporary sites |
Portable solutions |
Emerging Innovators:
- SafeRack (U.S.): Aluminum bunds for corrosive environments
- Empteezy (UK): Spill containment pallets with 1,000L+ capacity
- Brady Corporation: Color-coded bunds for hazard identification
4. Market Segmentation
By Material Type:
- Steel Bunds (45% share): Preferred for durability in oil refineries (15-year lifespan).
- Polyethylene (XX%): Dominates chemical plants due to acid resistance.
- Fiberglass (XX%): Emerging in pharmaceutical cleanrooms.
By End-Use Industry:
- Chemicals & Petrochemicals (40%): Largest segment, driven by new plant constructions.
- Oil & Gas (XX%): Offshore rigs adopting modular bund systems.
- Pharmaceuticals (XX%): GMP-compliant designs with smooth surfaces for sterilization.
Regional Analysis:
- North America (35% share): EPA regulations and shale gas boom drive demand.
- Europe (XX%): Seveso III Directive compels retrofitting of old facilities.
- Asia-Pacific (XX%): China’s SAFE initiative mandates bunds for all chemical parks.
5. Recent Developments
- 2024: Denios AG partnered with Siemens to integrate AI-powered spill prediction.
- 2023: Justrite released fire-rated bunds for lithium battery storage.
- 2022: Polymaster’s UV-stabilized polyethylene extended product lifespan by 30%.
Reasons To Buy

Scope

Key Players
- Kingspan Group
- Polystar Containment
- Empteezy
- Stratex
- Romold
Global Containment Bunds Market Report
- 1. Global Containment Bunds Market Research Report
- 1.1 Study Objectives
- 1.2 Global Containment Bunds Market - Overview
- 1.3 Reason to Read This Report
- 1.4 Methodology and Forecast Analysis
- 2.1 Global Containment Bunds Market Research Report – Detailed Scope and Definitions
- 2.1.1 By Type
- 2.1.2 By Material
- 2.1.3 By Application
- 2.1.4 By End User
- 2.1.5 By Capacity
- 2.1.6 By Feature
- 2.1.7 By Region
- 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
- 3.2. Restraints – By Type, By Material, By Application, By End User, By Capacity, By Feature, By Country
- 3.3. Opportunities – By Type, By Material, By Application, By End User, By Capacity, By Feature, By Country
- 3.4. Trends – By Type, By Material, By Application, By End User, By Capacity, By Feature, By Country
- 3.5. PEST Analysis
- 3.6. Porters Five Rule Analysis
- 3.7. Company’s Share Analysis (CSA) by Region or By Country
- 3.8. Global Containment Bunds Market Research Report – DROTs Impact Analysis
- 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
- 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
- 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.1 Portable
- 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.2 Fixed
- 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.1 Steel
- 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.2 Plastic
- 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.3 Concrete
- 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.4 Composite
- 6.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.1 Chemical Storage
- 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.2 Oil & Fuel Storage
- 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.3 Hazardous Waste Storage
- 7.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.1 Industrial
- 8.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.2 Commercial
- 8.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.3 Agriculture
- 8.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.4 Government
- 8.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.1 Small (<1000 Liters)
- 9.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.2 Medium (1000-5000 Liters)
- 9.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.3 Large (>5000 Liters)
- 9.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 10.1 Modular
- 10.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 10.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 10.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 10.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 10.2 Spill Prevention
- 10.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 10.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 10.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 10.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 10.3 Leak Detection
- 10.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 10.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 10.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 10.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 11.1 North America
- 11.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 11.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 11.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 11.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 11.2 Europe
- 11.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 11.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 11.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 11.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 11.3 Asia-Pacific
- 11.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 11.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 11.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 11.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 11.4 Latin America
- 11.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 11.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 11.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 11.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 11.5 Middle East & Africa
- 11.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 11.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 11.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 11.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 11.6 Global Containment Bunds Market - Opportunity Analysis Index, By Type, By Material, By Application, By End User, By Capacity, By Feature, and Region, 2024 - 2031
- 12.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 12.1.1 Portable
- 12.1.2 Fixed
- 12.2.1 Steel
- 12.2.2 Plastic
- 12.2.3 Concrete
- 12.2.4 Composite
- 12.3.1 Chemical Storage
- 12.3.2 Oil & Fuel Storage
- 12.3.3 Hazardous Waste Storage
- 12.4.1 Industrial
- 12.4.2 Commercial
- 12.4.3 Agriculture
- 12.4.4 Government
- 12.5.1 Small (<1000 Liters)
- 12.5.2 Medium (1000-5000 Liters)
- 12.5.3 Large (>5000 Liters)
- 12.6.1 Modular
- 12.6.2 Spill Prevention
- 12.6.3 Leak Detection
- 12.7.1 United States
- 12.7.2 Canada
12.9 Regional Trends Analysis
12.10 North America Global Containment Bunds Market Research Report - Company Profiles- 12.10.1 Company 1 (United States)
- 12.10.2 Company 2 (Canada)
- 12.10.3 Company 3 (Canada)
- 13.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 13.1.1 Portable
- 13.1.2 Fixed
- 13.2.1 Steel
- 13.2.2 Plastic
- 13.2.3 Concrete
- 13.2.4 Composite
- 13.3.1 Chemical Storage
- 13.3.2 Oil & Fuel Storage
- 13.3.3 Hazardous Waste Storage
- 13.4.1 Industrial
- 13.4.2 Commercial
- 13.4.3 Agriculture
- 13.4.4 Government
- 13.5.1 Small (<1000 Liters)
- 13.5.2 Medium (1000-5000 Liters)
- 13.5.3 Large (>5000 Liters)
- 13.6.1 Modular
- 13.6.2 Spill Prevention
- 13.6.3 Leak Detection
- 13.7.1 Germany
- 13.7.2 United Kingdom
- 13.7.3 France
- 13.7.4 Spain
- 13.7.5 Italy
- 13.7.6 Russia
- 13.7.7 Netherlands
- 13.7.8 Poland
- 13.7.9 Rest of Europe
13.9 Regional Trends Analysis
13.10 Europe Global Containment Bunds Market Research Report - Company Profiles- 13.10.1 Company 1 (Germany)
- 13.10.2 Company 2 (United Kingdom)
- 13.10.3 Company 3 (United Kingdom)
- 14.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 14.1.1 Portable
- 14.1.2 Fixed
- 14.2.1 Steel
- 14.2.2 Plastic
- 14.2.3 Concrete
- 14.2.4 Composite
- 14.3.1 Chemical Storage
- 14.3.2 Oil & Fuel Storage
- 14.3.3 Hazardous Waste Storage
- 14.4.1 Industrial
- 14.4.2 Commercial
- 14.4.3 Agriculture
- 14.4.4 Government
- 14.5.1 Small (<1000 Liters)
- 14.5.2 Medium (1000-5000 Liters)
- 14.5.3 Large (>5000 Liters)
- 14.6.1 Modular
- 14.6.2 Spill Prevention
- 14.6.3 Leak Detection
- 14.7.1 China
- 14.7.2 Japan
- 14.7.3 India
- 14.7.4 South Korea
- 14.7.5 Australia & NZ
- 14.7.6 ASEAN
- 14.7.7 Rest of Asia-Pacific
14.9 Regional Trends Analysis
14.10 Asia-Pacific Global Containment Bunds Market Research Report - Company Profiles- 14.10.1 Company 1 (China)
- 14.10.2 Company 2 (Japan)
- 14.10.3 Company 3 (Japan)
- 15.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 15.1.1 Portable
- 15.1.2 Fixed
- 15.2.1 Steel
- 15.2.2 Plastic
- 15.2.3 Concrete
- 15.2.4 Composite
- 15.3.1 Chemical Storage
- 15.3.2 Oil & Fuel Storage
- 15.3.3 Hazardous Waste Storage
- 15.4.1 Industrial
- 15.4.2 Commercial
- 15.4.3 Agriculture
- 15.4.4 Government
- 15.5.1 Small (<1000 Liters)
- 15.5.2 Medium (1000-5000 Liters)
- 15.5.3 Large (>5000 Liters)
- 15.6.1 Modular
- 15.6.2 Spill Prevention
- 15.6.3 Leak Detection
- 15.7.1 Brazil
- 15.7.2 Mexico
- 15.7.3 Argentina
- 15.7.4 Peru
- 15.7.5 Colombia
- 15.7.6 Rest of Latin America
15.9 Regional Trends Analysis
15.10 Latin America Global Containment Bunds Market Research Report - Company Profiles- 15.10.1 Company 1 (Brazil)
- 15.10.2 Company 2 (Mexico)
- 15.10.3 Company 3 (Mexico)
- 16.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 16.1.1 Portable
- 16.1.2 Fixed
- 16.2.1 Steel
- 16.2.2 Plastic
- 16.2.3 Concrete
- 16.2.4 Composite
- 16.3.1 Chemical Storage
- 16.3.2 Oil & Fuel Storage
- 16.3.3 Hazardous Waste Storage
- 16.4.1 Industrial
- 16.4.2 Commercial
- 16.4.3 Agriculture
- 16.4.4 Government
- 16.5.1 Small (<1000 Liters)
- 16.5.2 Medium (1000-5000 Liters)
- 16.5.3 Large (>5000 Liters)
- 16.6.1 Modular
- 16.6.2 Spill Prevention
- 16.6.3 Leak Detection
- 16.7.1 Saudi Arabia
- 16.7.2 UAE
- 16.7.3 South Africa
- 16.7.4 Egypt
- 16.7.5 Israel
- 16.7.6 Rest of Middle East and Africa
16.9 Regional Trends Analysis
16.10 Middle East & Africa Global Containment Bunds Market Research Report - Company Profiles- 16.10.1 Company 1 (Saudi Arabia)
- 16.10.2 Company 2 (UAE)
- 16.10.3 Company 3 (UAE)
- 17.1 Strategic Dashboard of Top Market Players
17.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)- 17.2.1 Kingspan Group
- 17.2.2 Polystar Containment
- 17.2.3 Empteezy
- 17.2.4 Stratex
- 17.2.5 Romold
19. Principal Presumptions and Acronyms