Laboratory glass tubing is commonly used to connect glassware and equipment in laboratories and industrial settings. A chemical conveyer can be used to transport chemicals, liquids, solvents, gases, and other materials as well. To help reduce the amount of medical waste produced by the pharmaceutical and biotechnology industries, companies are increasing the production of eco-friendly glass tubing that can readily be recycled so as to improve their production capacities.
In the pharmaceutical glass tubing market, custom-made glass tubing is becoming increasingly prevalent as end users demand specific bottle capacities, printed designs, and material colors. In order to boost sales, small and emerging manufacturers are taking advantage of e-commerce platforms.
As a way to generate revenue, suppliers deliver the tubing to their clients through the sea, express, and air services. Glass tubing is being packaged in a variety of ways to prevent breakage. Some of the options that can be used to prevent breakage include cartons, polymer films, and cushioning methods.
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In the aftermath of the COVID crisis, the demand for pharmaceutical packaging products greatly increased, which necessitated an immediate increase in production. As a result, the quality of the product will be improved without negatively affecting the inspection and packing process.
Pharmaceutical Glass Tubing Market: Market Players
Some of the key players in the Pharmaceutical Glass Tubing market 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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The pharmaceutical glass tubing market is highly consolidated with the three market players i.e. Corning Pharmaceutical Glass, Schott AG, and Nipro Pharmaceutical Packaging. All of these companies together account for more than 30% market share in the pharmaceutical glass tubing market.
Due to high growth in the demand for the pharmaceutical parental packaging products, the pharmaceutical glass tubing market will witness an impressive CAGR of 5%-6% in the next 6-7 years. However, it is little difficult for the new entrants to capture significant market share in the market due to the predominance of few players.
Companies present in the market are planning to invest in the developing countries such as China, India, etc. to strengthen their supply chain and serve new customers in the market.
Glass is the still the widely preferred format for the manufacturing of the pharmaceutical parental packaging containers. However, plastics materials are gaining traction in the production of the pharmaceutical syringes but plastics material still accounts for less than 20% of the global syringes market. Glass delamination is the major problem noticed in the pharmaceutical glass packaging market which may decrease its demand to some extent in the near future.
Some of the key developments observed in the pharmaceutical glass tubing market are:
- In November 2017, Schott AG has started a new manufacturing facility in the China to manufacture ampoules, vials and cartridges made of glass tubing for the domestic pharma industry.
- In January 2017, Schott AG has integrated a specially developed big data solution in its glass tubing manufacturing facility to improve quality standards.
- In November 2015, Corning Incorporated completed the acquisition of the Gerresheimer’s Pharmaceutical Glass Tubing Business for US$ 242 Mn.
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Market Segmentation
Pharmaceutical Glass Tubing Market Segmentation: By Material Type
- Type I (Borosilicate Neutral Glass mainly used for packaging of aqueous solutions)
- Type II (Surface Treated Borosilicate Glass mainly used for packaging of acidic solution)
- Type III (Soda Lime Glass mainly used for packaging of oral solid dosage such as tablets and capsules)
Pharmaceutical Glass Tubing Market Segmentation: By Neck Diameter
- Up to 40 mm
- 40 mm to 80 mm
- 80 mm to 120 mm
- More than 120 mm
Pharmaceutical Glass Tubing Market Segmentation: By Parental End Use
- Bottles
- Ampoules
- Vials
- Syringes
- Cartridges