Laboratory Glassware and Plasticware Market Development, Trends, Demand and Forecast Till 2024

FLEMINGTON, N.J. - April 23, 2019 - PRLog -- According to the latest report by IMARC Group, titled "Laboratory Glassware and Plasticware Market Trends and Markets, Share, Size, Growth, Opportunity and Forecasts 2019-2024 ", the  global laboratory glassware and plasticware market (https://www.imarcgroup.com/laboratory-glassware-plasticware-market) Glassware and plasticware refer to a wide range of equipment used for scientific research in analytical, chemical and biological laboratories. These products are manufactured in various shapes and sizes depending on the application. moreover, new types of non-cytotoxic resins are being used in the production of plasticware which does not interact with biological materials, there by, believing more competitive .

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Market Trends:

Addition of the research activities in the pharmaceutical industry has given rise to the number of state-of-the-art research institutions across the globe. In line with this, the demand for efficient labware has also increased. More over, the demand for glassware products is being realized by properties of glass as products with enhanced properties of glass, products, products, products, products, products, products, products, products, and methods for cleaning, chemical resistance, transparency, and dimensional stabilities at a time of the day Other than this, plasticware products are also cheaper to produce and replace, and offer greater safety. Owing to these factors, The increasing popularity of laboratory plasticware products can be accredited to their lightweight and shatterproof nature.The market is projected to be valued at US $ 6.9 Billion by 2024, expanding at a CAGR of 3.7% during 2019-2024.

Market Segmentation:

• The market is segmented on the basis of product types which include laboratory glassware and laboratory plasticware. Presently, laboratory glassware represents the largest segment. It is further divided into test tubes, glass beakers, glass flasks, pipettes and burettes. On the other hand, laboratory plasticware is segmented as storage boxes, plastic flasks, plastic beakers, measuring cylinders and funnels.
• Based on end-users, the market is categorized as research and academic institutes, hospitals and diagnostic centers, biotechnology industry and pharmaceutical contract research organizations, and food and beverage industry. Amongst these, research and academic institutes dominate the market.
• On a regional basis, North America represents the leading market, holding the majority of the total share. It is followed by Europe, Asia Pacific, Latin America, and Middle East and Africa.
• The competitive landscape of the market has also been examined with some of the key players being 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.

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