Innovations to Play a Vital Role in Global Elastomeric Closures Market Growth by 2030


Posted September 3, 2020 by Stella01wilson

Currently, there are over 240 closures, fabricated using a variety of elastomeric materials, available for use in parenteral primary packaging containers; majority of these products are available in the ready-to-use format, claims Roots Analysis
 
The materials used to fabricate pharmaceutical packaging components are extremely important to preserving the stability, efficacy and safety of drug formulations. In fact, according to the USFDA, in the last two years, there have been over 2,000 drug and device recalls owing to packaging-related concerns. Elastomeric closures, with various types of coatings (such as FluoroTec® and Teflon®), have emerged as a promising option for developing closures for pharmaceutical containers.

The USD 9.3 billion (by 2030) financial opportunity within Elastomeric Closures Market has been analyzed across the following segments:

Type of packaging container
• Vials
• Syringes
• Cartridges

Type of packaging closure
• Seal
• Stopper
• Cap
• Plunger
• Barrel
• Needle Shield

Sterilization status
• Pre-sterilized
• Unsterilized

Key geographical regions
• North America
• Europe
• Asia Pacific
• Rest of the World

The Elastomeric Closure Components Market For Vials, Cartridges and Syringes, 2019-2030 report features the following companies, which we identified to be key players in this domain:
• Aptar Pharma
• Daikyo Seiko
• Datwyler Group
• DWK Life Sciences
• Hebei First Rubber Medical Technology (a Part of DESHENG Group)
• Jiangsu Hualan New Pharmaceutical Material
• Lonstroff (a Part of Sumitomo Rubber Industries)
• Ompi (a Part of Stevanato Group)
• West Pharmaceutical Services

Table of Contents
1. Preface
2. Executive Summary
3. Introduction
4. Market Landscape
5. Company Profiles
6. Packaging Trend Analysis for Recently Approved Drugs
7. Recent Developments
8. Demand Analysis
9. Market Forecast
10. Case Study: Robotics in Pharmaceutical Packaging
11. Emerging Trends in Pharmaceutical Packaging
12. Executive Insights
13. Appendix 1: Tabulated Data
14. Appendix 2: List of Companies and Organizations

For more information, please click on the following link:
https://www.rootsanalysis.com/reports/view_document/elastomeric-closures-market-focus-on-parenteral-containers-2019-2030/255.html

About Roots Analysis
Roots Analysis is one of the fastest growing market research companies, sharing fresh and independent perspectives in the bio-pharmaceutical industry. The in-depth research, analysis and insights are driven by an experienced leadership team which has gained many years of significant experience in this sector. If you’d like help with your growing business needs, get in touch at [email protected]

Contact Information
Roots Analysis Private Limited
Gaurav Chaudhary
+1 (415) 800 3415
[email protected]
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Categories Business , Industry , Medical
Tags elastomeric closures , elastomeric closures market , elastomeric closures market trends
Last Updated September 3, 2020