The Glass is the most widely used packaging material for the pharmaceutical industry. Most of the primary packaging products, such as bottles, ampoules, vials, syringes, etc., in the industry are made up of the glass material. Pharmaceutical tubing is used as a raw material by the pharmaceutical packaging companies to manufacture primary packaging products. The glass tubing is supplied by the major international companies such as Corning, Schott, etc. There are four types of glass tubing supplied by the glass manufacturers to packaging manufacturers. The most prominent glass type which is used for pharmaceutical glass packaging is Glass Type I. Type I glass is also known as ‘Borosilicate Glass’, which possesses exceptional chemical stability and high heat resistance to thermal shock and sudden temperature change.
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In its upcoming business report, FMI details the historical and current scenarios of the Global Pharmaceutical Glass Tubes Market in terms of production, consumption, volume and value. This report studies the market into different segments, regions and players based on demand patterns and growth prospects.
The vital information and forecast statistics covered in the Pharmaceutical Glass Tubes market report will provide both established and emerging market players the insights they need to formulate long-term strategies and maintain business continuity during crises such as the ongoing COVID-19 pandemic.
Analysis of COVID-19 Impact on Pharmaceutical Glass Tube Market
The recent outbreak of COVID-19 has negatively impacted various markets in the packaging industry, and the pharmaceutical glass tube market is no exception. Products classified as ‘necessities’ continued to record strong sales, while demand for non-essential products plummeted.
In response to government action, particularly social distancing rules and stay-at-home orders, companies operating in the pharmaceutical glass tube market have stopped production. In addition, movement restrictions and supply chain disruptions have created a logistics nightmare for market participants, resulting in severe product shortages in global markets. Several market players plan to shift their supply chains from China, the first epicenter of COVID-19.
FMI’s report contains an interesting chapter about the preliminary impact of COVID-19 on the Pharmaceutical Glass Tubes market. This helps both major and emerging market players to understand market scenarios during crises and make sound decisions to gain a distinct competitive advantage.
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Pharmaceutical Glass Tube Market: Segmentation
The valuable information covered in FMI’s Pharmaceutical Glass Tubes market report has been segmented into major segments and sub-segments.
Pharmaceutical Glass Tubes Market Segmentation: By Material Type
- Type I (Borosilicate neutral glass mainly used for aqueous solution packaging)
- Type II (surface-treated borosilicate glass mainly used for acid solution packaging)
- Type III (soda-lime glass mainly used for packaging of oral solid dosage forms such as tablets and capsules)
Pharmaceutical Glass Tube Market Segmentation by Neck Diameter
- up to 40mm
- 40mm to 80mm
- 80mm to 120mm
- 120mm or more
Pharmaceutical Glass Tube Market: Competitive Analysis
FMI’s research provides a comprehensive analysis of global, regional, and country-level players operating in the Pharmaceutical Glass Tubes Market. Competitive information detailed in the Pharmaceutical Glass Tubes market report is based on each market player’s innovative product launches, distribution channels, local networks, industry penetration, production methods, and revenue generation. Additionally, growth strategies and mergers and acquisitions (M&A) activities related to players are included in the Pharmaceutical Glass Tubes Market report.
The key players covered in the report are:
Schott AG, Nipro Pharma Corporation, Corning Incorporated, Nippon Electric Glass Co., Ltd., Accu-Glass LLC., Richland Glass Co., Inc., Cang Zhou Four-star Glass Co., Ltd., LINUO Group, DWK Life Sciences GmbH, Puyang New Harmony Industrial Development Co., LTD, Shandong Pharmaceutical Glass Co, Ltd.
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Important Questions Answered in Pharmaceutical Glass Tubes Market Report
- Who will remain the highest revenue contributors in other regional markets?
- At what rate did the global Pharmaceutical Glass Tubes market expand during the forecast period?
- What will the global Pharmaceutical Glass Tubes market look like by the end of the forecast period?
- What innovative strategies are adopted by the Pharmaceutical Glass Tubes market players to stay ahead?
- What are the restrictions affecting the growth of the Global Pharmaceutical Glass Tubes Market?
Highlights of the report
- Growth Drivers and Opportunities: Comprehensive analysis of growth drivers and opportunities for market players in various regional markets
- Recent Trends and Forecasts: A detailed assessment of the latest trends, technological developments and forecasts over a 5- or 10-year period.
- Segment Analysis: What differentiates the role of these segments in an extensive analysis of each segment and market revenue forecasts and growth rate analysis
- Regional Market Forecast: A thorough analysis of each regional market to provide stakeholders with the information they need to make important decisions
- Competitive landscape: Comprehensive insights into both leading and emerging players competing for a portion of the Pharmaceutical Glass Tubes market
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services serving clients in more than 150 countries. FMI is headquartered in Dubai, the global financial capital, with shipping centers in the United States and India. FMI’s latest market research reports and industry analyzes help companies navigate the challenges and make important decisions with confidence and clarity amid fierce competition. Customized and syndicated market research reports provide actionable insights that drive sustainable growth. FMI’s team of expert-led analysts continuously track new trends and events across a wide range of industries to prepare clients for the evolving needs of consumers.
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