Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Medium Borosilicate Glass Bottle for Vaccine Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.5% during the review period (2022 to 2027).
Medium Borosilicate Glass Bottle for Vaccine Market Overview
Borosilicate glass is a type of glass that contains boron trioxide which permits for a very low coefficient of thermal expansion. This means it will not crack under extreme temperature changes like regular glass. Its durability has made it the glass of choice for high-end restaurants, laboratories and wineries.Most bottles used for pharmaceutical packaging are made of borosilicate glass.It is mainly composed of silica (80%) and boric oxide (10%), with a small amount of sodium oxide and aluminium oxide also included. This type of glass has remained popular because it is chemically inert ,highly resistant to enzymes and is reasonably resistant to temperature changes. However, borosilicate glass bottle have certain limitations, comprising that they are relatively heavy, vulnerable to breakages and can delaminate, especially during thermal cycles such as those used in heat sterilisation.
Recent Development:
January 2022 : Corning Incorporated (NYSE: GLW) announced the launch of a new glass composition to advance the development of augmented and mixed reality (AR/MR) diffractive waveguides for wearable devices. Optical advancements inherent in the glass take the augmented reality experience to the next level through larger, clearer digital content that creates more engaging and immersive user experiences.
June 2020, Corning received a $204 million grant from the US government to expand manufacturing of its Valor vials so they could be used for COVID-19 vaccines under the Operation Warp Speed initiative. Valor glass has been accepted into the US Food and Drug Administration (FDA)’s Emerging Technology Program and in May 2020, Pfizer signed a multi-year supply deal with Corning. The supply will provide containers for a portion of Pfizer’s currently marketed injectable drug products, subject to regulatory approval.
Who are the Major Players in Medium Borosilicate Glass Bottle for Vaccine Market?
The Medium Borosilicate Glass Bottle for Vaccine Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Shandong Pharmaceutical Glass Co., Ltd, Corning(NYSE: GLW), Schott, Zheng Chuan, Gerresheimer and others.
Medium Borosilicate Glass Bottle for Vaccine Market provides details by vendors, including company total revenue (financials), company overview, market potential, global presence, his business report briefly talks about market performance of each business sector covering growth factors and sales volume. this analysis provides the This Medium Borosilicate Glass Bottle for Vaccine Market analysis report provides recent trends, granular level data covering market size and share. It provides all the recent updates about CORONA virus and its impact on world economy and human health. By getting this data, key players can obtain profit making and right business opportunities for future growth. Its further guides to increase the product demand and business expansion.
What are the major Applications, Types and Regions for Medium Borosilicate Glass Bottle for Vaccine Market?
Medium Borosilicate Glass Bottle for Vaccine Market is segmented based on the type, applications, companies and regions.
By Product Type, it is segmented into
By Application it is segmented into
- Inactivated Vaccine
- Live Vaccine
- Other
Medium Borosilicate Glass Bottle for Vaccine Market Regional Analysis
The rapid growth of population, along with increasing urbanization and rise in disposable income, has increased the consumption of consumer & home appliances in the Asia Pacific region. In addition, the growth of the electronic and semiconductor industries in countries, such as South Korea, Japan, China, and Taiwan, has also boosted the Medium Borosilicate Glass Bottle for Vaccine market in the region. Furthermore, government initiatives for the development of solar power stations in countries such as China & India have also contributed to market growth. Owing to the above-mentioned factors, Asia Pacific is estimated to be a prominent market for Medium Borosilicate Glass Bottle for Vaccine.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Medium Borosilicate Glass Bottle for Vaccine Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Medium Borosilicate Glass Bottle for Vaccine Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Medium Borosilicate Glass Bottle for Vaccine Market report scope?
Report Attributes
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Report Details
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Report Title
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Medium Borosilicate Glass Bottle for Vaccine Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Corning(NYSE: GLW), Schott, Zheng Chuan, Shandong Pharmaceutical Glass Co., Ltd
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Forecast Period 2022 to 2028 CAGR
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CAGR of 4.5% during the review period (2022 to 2027).
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By Type
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By Application
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- Inactivated Vaccine
- Live Vaccine
- Other
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By Companies
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Shandong Pharmaceutical Glass Co., Ltd, Corning(NYSE: GLW), Schott, Zheng Chuan, Gerresheimer and others
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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136
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Customization Available
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Yes, the report can be customized as per your needs
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key takeaways from this Medium Borosilicate Glass Bottle for Vaccine Report
- Evaluate Medium Borosilicate Glass Bottle for Vaccine market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Medium Borosilicate Glass Bottle for Vaccine market entropy - M&A's, deals, partnerships, product launches of all key players for the past 5 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the study period of this market?
The Medium Borosilicate Glass Bottle for Vaccine Market is studied from 2017 - 2027.
What is the growth rate of Medium Borosilicate Glass Bottle for Vaccine Market?
The Medium Borosilicate Glass Bottle for Vaccine Market is growing at a CAGR of 4.5% over the next 5 years.
Who are the key players in Medium Borosilicate Glass Bottle for Vaccine Market?
Shandong Pharmaceutical Glass Co., Ltd, Corning(NYSE: GLW), Schott, Zheng Chuan, Gerresheimer and others.
What regions regions does this Medium Borosilicate Glass Bottle for Vaccine Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Medium Borosilicate Glass Bottle for Vaccine Market?
2ml, 5ml, 10ml, Others
What are the major end-use applications of Medium Borosilicate Glass Bottle for Vaccine Market?
Inactivated Vaccine, Live Vaccine, Other
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
