Laboratory Glassware & Plasticware Market

Rising demand for plasticware, technological enhancements and reducing prices of plasticware and glassware are major factors which are driving the growth in the Global Laboratory Glassware & Plasticware Market. However, factors such as investment problem associated with some of the research activities and the fragile nature of glassware are the main reasons which are likely to hamper the market growth.

Laboratory glassware and plasticware include instruments which are used for hospitals, laboratories, and scientific research purposes. These include instruments like adapter, chromatography apparatus, measuring cylinder, flask, tubes, thermometer, pipettes, funnels, beakers, condensers, burettes, and bottles etc. The glassware and the plasticware products are used in various fields which are dependent on their use or the application in any particular process. There are various products which are designed to be used in different applications including research and clinical uses.

The research includes the field of agricultural research, pharmaceutical research, veterinary research and animal research, and drug discovery. The clinical use comprises applications in hospitals, forensic labs and diagnostics laboratories. Also, the growth in the diseases needs new drugs for treatment, that is also affecting the growth of the global pharmaceutical industry and which is driving the demand for the laboratory glassware and plasticware. The parallel growth in biotechnology and biology industry, including main areas like stem cell research, disease research, and vaccine development is anticipated to boost the global laboratory glassware and plasticware market.

Global Laboratory Glassware & Plasticware Market is valued at USD 5.2 billion in 2016 is anticipated to grow USD 7.26 billion with the compounded annual growth of 3.9% over the forecast period 2018-2025.

The regional analysis of the global market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific accounts for the largest share in the global Plasticizers market owing to the rising construction sector in the emerging economies. Similarly, Asia Pacific is the fastest-growing region in the global plasticizers market due to the rising demand for flexible PVC.

Market players included in this report are Corning Inc., Duran Group, Gerresheimer AG, Sartorius AG, Thermo Fisher Scientific, Mettler Toledo International, Inc., Eppendorf AG, Bellco Glass, Inc., Crystalgen Inc., and Technosklo Ltd

The detailed segments and sub-segment of the market are explained below:

By Type: Glassware, Plasticware

By End-User: Research and Academic Institutes, Hospitals and Diagnostic Centers, Pharmaceutical and Biotechnology Industry, Contract Research Organizations, Food, and Beverage Industry, Other End-Users

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