Pharmaceutical Glass Tube Market Overview
Introduction and needs of the product:
Glass is the most widely used packaging material in the pharmaceutical industry. In industry, most of the major packaging products such as bottles, ampoules, vials, syringes, etc. are made of glass material. Pharmaceutical tubing is used by pharmaceutical packaging companies as a raw material for manufacturing primary packaging products. Glass tubes are supplied by major international companies such as Corning, Schott, etc.
There are four types of glass tubes that glass manufacturers supply to packaging manufacturers. Glass Type I is the most used glass type for pharmaceutical glass packaging. Type I glass, also called ‘borosilicate glass’, has excellent chemical stability and high heat resistance against thermal shock and rapid temperature change.
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For protection from sunlight, 2 O 3 , Ti 2 O 3 or MnO can be added to type I glass to produce amber borosilicate glass. Type III glass, also known as ‘soda-lime glass’, is used to produce pharmaceutical bottles that only store solid pharmaceuticals due to its low chemical resistance properties. Pharmaceutical glass tubes play an important role in the manufacturing process of pharmaceutical parent containers.
Pharmaceutical Glass Tube Market: Market Dynamics
The pharmaceutical glass tubing market is highly integrated with three market players: Corning Pharmaceutical Glass, Schott AG, and Nipro Pharmaceutical Packaging. All of these companies have more than 30% market share in the pharmaceutical glass tube market. Owing to the high growth of demand for pharmaceutical matrix packaging products, the pharmaceutical glass tube market will witness an impressive CAGR of 5%-6% over the next 6-7 years.
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However, it is rarely difficult for new entrants to gain significant market share in the market as a small number of players dominate. Companies with presence in the market plan to invest in developing countries such as China, India, etc. to strengthen their supply chains and serve new customers in the market. Glass is still the widely preferred format for manufacturing packaging containers for pharmaceutical parents. However, while plastic materials are gaining traction in pharmaceutical syringe production, plastic materials still account for less than 20% of the global syringe market.
Glass peeling is a major concern in the pharmaceutical glass packaging market that may reduce demand to some extent in the near future.
The key developments observed in the Pharmaceutical Glass Tubes market are:
- In November 2017, Schott AG started a new manufacturing facility in China to manufacture ampoules, vials and cartridges made of glass tubes for the domestic pharmaceutical industry.
- In January 2017, Schott AG integrated a specially developed big data solution in its glass tube manufacturing facility to improve quality standards.
- In November 2015, Corning Incorporated completed the acquisition of Gerresheimer’s pharmaceutical glass tubing business for $244 million.
Pharmaceutical Glass Tube Market: Market Segmentation:
Pharmaceutical Glass Tube Market: Regional Overview
On the basis of region, the pharmaceutical glass tube market is segmented into 7 regions including North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Middle East & Africa, and Japan. North America and Europe dominate the pharmaceutical glass tubing market due to the high presence of tubing manufacturers and pharmaceutical companies in the region. Companies such as Schott, Nipro, etc. have a significant market share and a dominant position in the market.
The company’s sales revenue has been observed to increase at a good pace over the past few years, reflecting the high growth of the market. Asia Pacific is the third dominant region for the global pharmaceutical glass tube market. In addition, prominent companies are focusing on investing in developing markets to significantly increase their market share in those regions. MEA and Japan also offer untapped growth potential in the global pharmaceutical glass tube market.
Pharmaceutical Glass Tube Market: Market Players
Key players in the pharmaceutical glass tube market include Schott AG, Nipro Pharma Corporation, Corning Incorporated, Nippon Electric Glass Co., Ltd., Accu-Glass LLC., Richland Glass Co., Inc., Cang Zhou 4-star. Glass Co., Ltd., LINUO Group, DWK Life Sciences GmbH, Puyang New Harmony Industrial Development Co., LTD, Shandong Pharmaceutical Glass Co, Ltd.
Pharmaceutical Glass Tube Market: Market Structure
Pharmaceutical Glass Tube Market Tier 1 Companies: Schott AG, Nipro Pharma Corporation, Corning Incorporated
Pharmaceutical Glass Tube Market Tier 2 Companies: Nippon Electric Glass Co., Ltd., DWK Life Sciences GmbH, Shandong Pharmaceutical Glass Co, Ltd.
Pharmaceutical Glass Tube Market Tier 3 Companies: Accu-Glass LLC., Richland Glass Co., Cang Zhou Four-star Glass Co., Ltd., LINUO Group, Puyang New Harmony Industrial Development Co., LTD.
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- market segment
- market dynamics
- market size
- supply demand
- Current trends/issues/challenges
- Competition and Related Companies
- value chain
Regional analysis includes:
- North America (USA, Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, France, UK, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC countries, South Africa, North Africa)
The report is a compilation of first-hand information by industry analysts, qualitative and quantitative assessments, and input from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, as well as market attractiveness by segment. The report also maps the qualitative impact of various market factors on market segments and regions.
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 in 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 Tubes Market Segmentation: By Parent End Uses