Borosilicate Glass Tube USP Type I Market Size, Share | 2030
LAMEA Borosilicate Glass Tube USP Type I Market
Segments - by Packaging (Parenteral Products and Non-Parenteral Products), By Type (Ampoules, Vials, Syringes, and Others), By End-users (Chemical Companies, Pharma Companies, Laboratories, and Others), and Region (Latin America and Middle East & Africa) - Latin America and Middle East & Africa Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
Segments - by Packaging (Parenteral Products and Non-Parenteral Products), By Type (Ampoules, Vials, Syringes, and Others), By End-users (Chemical Companies, Pharma Companies, Laboratories, and Others), and Region (Latin America and Middle East & Africa) - Latin America and Middle East & Africa Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The LAMEA borosilicate glass tube USP Type I market was valued at USD 1,035.4 Mn in 2020 and is projected to reach USD 2,698.4 Mn by 2028, expanding at a CAGR of 12.9% during the forecast period. Borosilicate Glass Tube USP Type I is widely used in pharmaceutical industries. The type I borosilicate glass tube is largely used for packaging those products which are alkaline in nature or will become alkaline over a certain period of time.
Market Dynamics
The global need for borosilicate glass tubes is growing in line with the rapid development of industry, particularly in the laboratory apparatus sectors. Borosilicate glass has long been used in science labs and industrial settings, as well as for kitchenware and high-end wine glasses, because of its longevity and resilience to chemical changes. It is frequently more expensive than soda-lime glass due to its excellent quality. Though borosilicate glass is resistant to thermal shock than tempered glass, it can still break with sufficiently high-temperature fluctuations (more on this below). It is also more likely to break if dropped than tempered glass.
The pharmaceutical industries increasing demand for sterile medical packaging products would propel the market forward over the forecast period. During the year 2020, the pharmaceutical sector saw unprecedented demand, with significant resources required to make a COVID-19 vaccine as rapidly as possible. The major players are also focusing on the providing of borosilicate glass tubing to the vaccine vials.
Type I borosilicate glass is utilized for parenteral primary packaging all over the globe. It is a material with high amounts of boron oxide (around 10%), which is linked to high hydrolytic resistance and a low coefficient of thermal expansion. The continually expanding pharmaceutical industry around the globe is propelling the LAMEA Borosilicate Glass Tube USP Type I Market growth. The usage of glass for pharmaceutical packaging products has increased as a result of stricter restrictions aimed at improving the quality and integrity of domestically manufactured medications.
Globally the pharmaceutical industry is growing which helps in boosting the growth of the market during the forecast period. Due to the stringent laws the integrity and quality of domestically manufactured drugs is enhancing owing to which the use of type I borosilicate glass for pharmaceutical packaging products is increasing. Furthermore, in pharmaceutical industries the demand for sterile medical packaging products is also increasing which is driving the market during the forecast period.
Over the forecast period, the trend toward plastic usage in developed and developing countries would hamper the growth of the Borosilicate Glass Market. When compared to Borosilicate Glass, plastic apparatus is less expensive. The expansion of the Borosilicate glass market will be hampered by the rising demand for convenient and appealing products as a result of increased urbanization and industrialization, which is driving the plastic industry. The factor that is restraining the growth is the high demand for plastic as compare to glass tubes in developing countries due to industrialization.
Segmental Outlook
By Packaging
Based on packaging, the LAMEA borosilicate glass tube USP Type I market is segmented into parenteral products and non-parenteral products. The parenteral products segment is anticipated to expand at a significant CAGR during the forecast period. Type I borosilicate glass containers are widely used for packaging parenteral drugs.
By Type
Based on type, the LAMEA borosilicate glass tube USP Type I market is segmented into ampoules, vials, syringes, and others. The syringes segment is expected to hold a considerable market share during the forecast period. Type I borosilicate glass provides protection from thermal shock, which is expected to drive the market during the forecast period.
By End-user
Based on end-users, the LAMEA borosilicate glass tube USP Type I market is segmented into chemical companies, pharma companies, laboratories, and others. High heat resistance of type I borosilicate glass used in laboratories is driving the market during the forecast period.
Region Wise Outlook
Based on region, the LAMEA borosilicate glass tube USP Type I market is segmented into Latin America and Middle East & Africa. Increasing demand for type I borosilicate glass, owing to its growing usage for packaging pharmaceutical drugs, is expected to drive the market during the forecast period.
Key Benefits for Industry Participants & Stakeholders
In-Depth Analysis of the LAMEA borosilicate glass tube USP Type I Market.
Historical, Current and Projected Market Size in Terms of Value.
Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
Industry Drivers, Restraints and Opportunities Covered in the Study
Recent Industry Trends and Developments
Competitive Landscape & Strategies of Key Players
Neutral Perspective on From LAMEA borosilicate glass tube USP Type I Market Performance
Segments
By Packaging
Parenteral Products
Non-Parenteral Products
By Type
Ampoules
Vials
Syringes
Others
By End-user
Chemical Companies
Pharma Companies
Laboratories
Others
By Region
Latin America
Middle East & Africa
Key Market Players Profiled in the Report
VWR International, LLC
Gerresheimer AG
Corning Incorporated
SCHOTT AG
Kavalierglass, a.s.
DWK Life Sciences
Cole-Parmer Instrument Company, LLC
DE DIETRICH PROCESS SYSTEMS
PGP Glass Pvt. Ltd.
Competitive Landscape
Key players in the LAMEA Borosilicate Glass Tube USP Type I Market are VWR International, LLC., Gerresheimer AG, Corning Incorporated, SCHOTT AG, Kavalierglass, a.s., DWK Life Sciences, Cole-Parmer Instrument Company, LLC., DE DIETRICH PROCESS SYSTEMS, and PGP Glass Pvt. Ltd.
The players are adopting key strategies such as product development, geographical expansion, mergers and acquisition, and many other strategies to cater the increasing demand for LAMEA borosilicate glass tube USP Type I. For instance, on June 2021, DE DIETRICH PROCESS SYSTEMS announced a new facility in Wuxi, Jiangsu, China in June 2021. The company is concentrating on expanding its geographic footprint to stay competitive. This new plant increased the production of glass-lined replacement components, allowing the company to serve customers in China and abroad with De Dietrich quality items that exceed all international standards.
Video Summary for Borosilicate Glass Tube USP Type I Market
Chapter 1 Executive Summary Chapter 2 Assumptions and Acronyms Used Chapter 3 Research Methodology Chapter 4 Borosilicate Glass Tube USP Type I Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Borosilicate Glass Tube USP Type I Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Borosilicate Glass Tube USP Type I Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Borosilicate Glass Tube USP Type I Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 LAMEA Borosilicate Glass Tube USP Type I Market Size & Forecast, 2018-2028 4.5.1 Borosilicate Glass Tube USP Type I Market Size and Y-o-Y Growth 4.5.2 Borosilicate Glass Tubxe USP Type I Market Absolute $ Opportunity 4.6 USP (Pharmacopoeial Type 1 Glass Standards) - Overview 4.7 Type of Glass Containers Overview - Detailed Outlook on Type 1 Glass (Borosilicate / Neutral) 4.8 Application of Borosilicate Glass in Pharmaceutical Packaging Detailed Outlook 4.9 Impact of Key Regulations 4.10 The EP (and the USP) classifies 3 Types of Hydrolytic Resistance - Overview 4.11 Glass Containers for Pharmaceutical Use and Production Overview Chapter 5 LAMEA Borosilicate Glass Tube USP Type I Market Analysis and Forecast By Packaging 5.1 Introduction 5.1.1 Key Market Trends & Growth Opportunities By Packaging 5.1.2 Basis Point Share (BPS) Analysis By Packaging 5.1.3 Absolute $ Opportunity Assessment By Packaging 5.2 Borosilicate Glass Tube USP Type I Market Size Forecast By Packaging 5.2.1 Parenteral Products 5.2.2 Non-Parenteral Products 5.3 Market Attractiveness Analysis By Packaging Chapter 6 LAMEA Borosilicate Glass Tube USP Type I Market Analysis and Forecast By Type 6.1 Introduction 6.1.1 Key Market Trends & Growth Opportunities By Type 6.1.2 Basis Point Share (BPS) Analysis By Type 6.1.3 Absolute $ Opportunity Assessment By Type 6.2 Borosilicate Glass Tube USP Type I Market Size Forecast By Type 6.2.1 Ampoules 6.2.2 Vials 6.2.3 Syringes 6.2.4 Others 6.3 Market Attractiveness Analysis By Type Chapter 7 LAMEA Borosilicate Glass Tube USP Type I Market Analysis and Forecast By End-user 7.1 Introduction 7.1.1 Key Market Trends & Growth Opportunities By End-user 7.1.2 Basis Point Share (BPS) Analysis By End-user 7.1.3 Absolute $ Opportunity Assessment By End-user 7.2 Borosilicate Glass Tube USP Type I Market Size Forecast By End-user 7.2.1 Chemical Companies 7.2.2 Pharma Companies 7.2.3 Laboratories 7.2.4 Others 7.3 Market Attractiveness Analysis By End-user Chapter 8 LAMEA Borosilicate Glass Tube USP Type I Market Analysis and Forecast by Region 8.1 Introduction 8.1.1 Key Market Trends & Growth Opportunities by Region 8.1.2 Basis Point Share (BPS) Analysis by Region 8.1.3 Absolute $ Opportunity Assessment by Region 8.2 Borosilicate Glass Tube USP Type I Market Size Forecast by Region 8.2.1 Latin America 8.2.2 Middle East & Africa (MEA) 8.3 Market Attractiveness Analysis by Region Chapter 9 Coronavirus Disease (COVID-19) Impact 9.1 Introduction 9.2 Current & Future Impact Analysis 9.3 Economic Impact Analysis 9.4 Government Policies 9.5 Investment Scenario Chapter 10 Latin America Borosilicate Glass Tube USP Type I Analysis and Forecast 10.1 Introduction 10.2 Latin America Borosilicate Glass Tube USP Type I Market Size Forecast by Country 10.2.1 Brazil 10.2.2 Mexico 10.2.3 Rest of Latin America (LATAM) 10.3 Basis Point Share (BPS) Analysis by Country 10.4 Absolute $ Opportunity Assessment by Country 10.5 Market Attractiveness Analysis by Country 10.6 Latin America Borosilicate Glass Tube USP Type I Market Size Forecast By Packaging 10.6.1 Parenteral Products 10.6.2 Non-Parenteral Products 10.7 Basis Point Share (BPS) Analysis By Packaging 10.8 Absolute $ Opportunity Assessment By Packaging 10.9 Market Attractiveness Analysis By Packaging 10.10 Latin America Borosilicate Glass Tube USP Type I Market Size Forecast By Type 10.10.1 Ampoules 10.10.2 Vials 10.10.3 Syringes 10.10.4 Others 10.11 Basis Point Share (BPS) Analysis By Type 10.12 Absolute $ Opportunity Assessment By Type 10.13 Market Attractiveness Analysis By Type 10.14 Latin America Borosilicate Glass Tube USP Type I Market Size Forecast By End-user 10.14.1 Chemical Companies 10.14.2 Pharma Companies 10.14.3 Laboratories 10.14.4 Others 10.15 Basis Point Share (BPS) Analysis By End-user 10.16 Absolute $ Opportunity Assessment By End-user 10.17 Market Attractiveness Analysis By End-user Chapter 11 Middle East & Africa (MEA) Borosilicate Glass Tube USP Type I Analysis and Forecast 11.1 Introduction 11.2 Middle East & Africa (MEA) Borosilicate Glass Tube USP Type I Market Size Forecast by Country 11.2.1 Saudi Arabia 11.2.2 South Africa 11.2.3 Botswana 11.2.4 Namibia 11.2.5 UAE 11.2.6 Egypt 11.2.7 Algeria 11.2.8 Rest of Middle East & Africa (MEA) 11.3 Basis Point Share (BPS) Analysis by Country 11.4 Absolute $ Opportunity Assessment by Country 11.5 Market Attractiveness Analysis by Country 11.6 Middle East & Africa (MEA) Borosilicate Glass Tube USP Type I Market Size Forecast By Packaging 11.6.1 Parenteral Products 11.6.2 Non-Parenteral Products 11.7 Basis Point Share (BPS) Analysis By Packaging 11.8 Absolute $ Opportunity Assessment By Packaging 11.9 Market Attractiveness Analysis By Packaging 11.10 Middle East & Africa (MEA) Borosilicate Glass Tube USP Type I Market Size Forecast By Type 11.10.1 Ampoules 11.10.2 Vials 11.10.3 Syringes 11.10.4 Others 11.11 Basis Point Share (BPS) Analysis By Type 11.12 Absolute $ Opportunity Assessment By Type 11.13 Market Attractiveness Analysis By Type 11.14 Middle East & Africa (MEA) Borosilicate Glass Tube USP Type I Market Size Forecast By End-user 11.14.1 Chemical Companies 11.14.2 Pharma Companies 11.14.3 Laboratories 11.14.4 Others 11.15 Basis Point Share (BPS) Analysis By End-user 11.16 Absolute $ Opportunity Assessment By End-user 11.17 Market Attractiveness Analysis By End-user Chapter 12 Competition Landscape 12.1 Borosilicate Glass Tube USP Type I Market: Competitive Dashboard 12.2 LAMEA Borosilicate Glass Tube USP Type I Market: Market Share Analysis, 2020 12.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 12.3.1 DE DIETRICH PROCESS SYSTEMS 12.3.2 Kavalierglass, a.s. 12.3.3 Corning Incorporated 12.3.4 VWR International, LLC 12.3.5 Gerresheimer AG 12.3.6 SCHOTT AG 12.3.7 DWK Life Sciences 12.3.8 Cole-Parmer Instrument Company, LLC 12.3.9 PGP Glass Pvt. Ltd.
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Yes, the report covers various borosilicate glass tube USP Type I market by end-users into chemical companies, pharma companies, laboratories, and others.
According to this Growth Market Reports, the market from LAMEA borosilicate glass tube USP Type I market is likely to register a CAGR of 12.9% during period 2021-2028, with an anticipated valuation of USD 2,698.4 million by the end of the 2028.
In addition to market size (in USD Million) and Company Market Share (in % for base year 2020), other data such as USP (Pharmacopoeial Type 1 Glass Standards) – Overview, Type of Glass Containers Overview - Detailed Outlook on Type 1 Glass (Borosilicate / Neutral), Application of Borosilicate Glass in Pharmaceutical Packaging Detailed Outlook, Impact of Key Regulations, The EP (and the USP) classifies 3 Types of Hydrolytic Resistance – Overview, Glass Containers for Pharmaceutical Use and Production Overview, Macro-economic factors, and COVID-19 Impact on the LAMEA borosilicate glass tube USP Type I market is available in final report.
The global need for borosilicate glass tubes is growing in line with the rapid development of industry, particularly in the laboratory apparatus sectors. Borosilicate glass has long been used in science labs and industrial settings, as well as for kitchenware and high-end wine glasses, because of its longevity and resilience to chemical changes.
The market is expected to witness increase in terms of demand during 2019-2020 owing to the positive impact of COVID-19 pandemic on the LAMEA borosilicate glass tube USP Type I market.
The base year considered for the LAMEA borosilicate glass tube USP Type I market report is 2020. The complete analysis period is 2018 to 2028, wherein, 2018 & 2019 are the historic years, and the forecast is provided from 2021 to 2028.
Major Manufactures include VWR International, LLC., Gerresheimer AG, Corning Incorporated, SCHOTT AG, Kavalierglass, a.s., DWK Life Sciences, Cole-Parmer Instrument Company, LLC., DE DIETRICH PROCESS SYSTEMS, and PGP Glass Pvt. Ltd.
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