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Global Pharmaceutical Glass Tubing Market Outlook Report 2019-2027


Press release content from Business Wire. The AP news staff was not involved in its creation.
Global Pharmaceutical Glass Tubing Market Outlook Report 2019-2027 - ResearchAndMarkets.com
January 29, 2021 GMT
DUBLIN (BUSINESS WIRE) Jan 29, 2021
Global Pharmaceutical Glass Tubing market accounted for $12.35 billion in 2019 and is expected to reach $22.03 billion by 2027 growing at a CAGR of 7.5% during the forecast period.
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Growth of the pharmaceutical industry in emerging economies and commodity value of glass increased with recyclability are the major factors driving the market growth. However, increased relevance of alternate sources is restraining the market growth.
Glass is one of the most widely used packaging materials in the pharmaceutical industry. Most of the primary packaging products, such as bottles, ampoules, vials, and syringes, in the industry are made up of the glass material. Pharmaceutical tubing is primarily used as a raw ....

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