Vials - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Vials Market is growing at a CAGR of 7%. Growing investment by government in biochemical industry and increasing number of chemical laboratories will also accelerate the growth of this market. However, High investment cost will restrict the growth of this market is likely to hamper the profit boundaries.
Vial also known as phial or flacon, is a small plastic or a glass bottle or vessel. Vials are primarily used to store medication such as powders, liquids or capsules. In the past, vials were made of glass, but now, various plastic materials, including polypropylene are being used in manufacturing vials. Varieties of closed systems are used during the manufacturing of vials, including screw vials and crimp vials. In addition, plastic vials can have various other types of closure systems including flip-tops or snap caps. A vial can either be bottle shaped or can have a bottle-like shape with a neck. The volume that is defined by the neck of the vial is called the headspace.
Based on the Glass, fused silica is glass consisting of silica in amorphous (non-crystalline) form. It differs from traditional glasses in containing no other ingredients, which are typically added to glass to lower the melt temperature. Fused silica, therefore, has high working and melting temperatures. Although the terms fused quartz and fused silica are used interchangeably, the optical and thermal properties of fused silica are superior to those of fused quartz and other types of glass due to its purity.
By geography, North America is likely to make these regions potential prospects for the entry of new players to make the most of the available opportunities. As for the existing players in these, they are focusing on expanding their services and products to countries in the Asia Pacific region with the prevalence of a large population base and well equipped laboratories for carrying out further research.
Some of the key players in the Vials market include TricorBraun, Thermo Fisher , Schott, Pacific Vials, O.Berk, Kishore Group, Jinarth pharma packaging, Hindusthan National Glass & Industries, Gerresheimer, Friedrich & Dimmock, Corning, BMT Corporation, Amposan, Akey Group and Acme Vials and Glass Company.
Product Types Covered:
• Sterile Glass Vials
• Screw Thread Glass Vials, Serum / Specialty Glass Vials
• Other Product Types
• Rotary Fillers
• Net Weight Fillers
• Volumetric Fillers
• Other Technologies
• Fused Silica
• Borosilicate Glass
End Users Covered:
• Life sciences
• Food and beverage
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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