Global Blow Fill Seal Technology Market Forecast Report, 2019-2024 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 26, 2019--
The “Blow Fill Seal Technology Market - Forecasts from 2019 to 2024” report has been added to ResearchAndMarkets.com’s offering.
The blow fill seal technology market is expected to grow at a compound annual growth rate of 5.23% over the period 2019 to 2024 to reach a market size of US$473.751 million by 2024 from US$348.873 million in 2018.
The rising preference for convenient and hygienic packaging is expected to drive the market for blow fill seal technology. Further, the rising demand for flexible packaging coupled with increasing demand for blow fill seal technology by various industry verticals such as pharmaceutical, food & beverage among others is anticipated to fuel the market in the upcoming years.
The market has been segmented on the basis of material, end use and geography.
In the material segment, polypropylene is expected to hold a significant share in the market on account of its chemical resistant and heat resistance properties. Further, in the end user segment, pharmaceutical is estimated to be a substantial shareholder due to the rising pharma industry across the globe coupled with the rising demand for precise dosage of medicines.
Geographically, Asia Pacific is projected to be a grow at an appreciable rate on account of the rising pharmaceutical industry along with the growing packaging industry in developing countries like China and India.
The major players profiled in the Blow Fill Seal Technology market include Asept Pak Inc., Unolab, NEURAXPHARM, BioConnection, LyondellBasell Industries Holding B.V., Plastikon Industries Inc., and PrimaPharma Inc. among others.
Key Topics Covered
1.1. Market Overview
1.2. Market Definition
1.3. Scope of The Study
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power Of Suppliers
4.5.2. Bargaining Power Of Buyers
4.5.3. Threat Of New Entrants
4.5.4. Threat Of Substitutes
4.5.5. Competitive Rivalry In The Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. BLOW FILL SEAL TECHNOLOGY MARKET BY MATERIAL
6. BLOW FILL SEAL TECHNOLOGY MARKET BY PRODUCT
7. BLOW FILL SEAL TECHNOLOGY MARKET BY END-USER INDUSTRY
7.2. Food & Beverage
8. BLOW FILL SEAL TECHNOLOGY MARKET BY GEOGRAPHY
8.1. North America
8.2. South America
8.3.3. United Kingdom
8.4. Middle East and Africa
8.5. Asia Pacific
8.5.3. South Korea
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments And Deals
9.3. Strategies Of Key Players
10. COMPANY PROFILES
10.1. Asept Pak, Inc.
10.2. Unolab Manufacturing SL
10.5. LyondellBasell Industries Holdings B.V.
10.6. Plastikon Industires, Inc.
10.7. PrimaPharma, Inc.
10.10. Catalent, Inc.
10.11. Recipharm AB
For more information about this report visit https://www.researchandmarkets.com/r/8xwshz
View source version on businesswire.com:https://www.businesswire.com/news/home/20191226005086/en/
Laura Wood, Senior Press Manager
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: CHEMICALS/PLASTICS MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 12/26/2019 04:13 PM/DISC: 12/26/2019 04:13 PM