Pharmaceutical Glass Tubing Market: Global Industry Analysis and Opportunity Assessment; 2022- 2027

Press Release from Future Market Insights

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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For protection from sunlight, Low alkali extractable such as Fe2O3, Ti2O3, or MnO could be added to Type I glass to produce Amber Borosilicate Glass. Type III glass is also known as ‘Soda Lime Glass’ which is used to produce pharmaceutical bottles to store only solid drug products due to their low chemical resistance properties. Pharmaceutical glass tubing plays a major role in the manufacturing process of pharmaceutical parental containers.

Pharmaceutical Glass Tubing Market: Market Dynamics

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.

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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.

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.

Pharmaceutical Glass Tubing Market: Market Structure

Pharmaceutical Glass Tubing Market Tier 1 Companies:  Schott AG, Nipro Pharma Corporation, Corning Incorporated

Pharmaceutical Glass Tubing Market Tier 2 Companies:  Nippon Electric Glass Co., Ltd., DWK Life Sciences GmbH, Shandong Pharmaceutical Glass Co, Ltd.

Pharmaceutical Glass Tubing 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.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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