Global Chemical Glassware Market Size To Exceed USD 9.36 Billion by 2033
According to a research report published by Spherical Insights & Consulting, The Global Chemical Glassware Market Size is Expected to Grow from USD 6.20 Billion in 2023 to USD 9.36 Billion by 2033, at a CAGR of 4.20% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on The Global Chemical Glassware Market Size, Share, and COVID-19 Impact Analysis, By Type of Material (Borosilicate Glass and Quartz Glass), By Distribution Channel (Direct Sales, Distributors, and Online Retail), By End-User Application (Research Laboratories, Chemical Manufacturing, Pharmaceutical Laboratories, and Biotechnology Laboratories), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
The chemical glassware market refers to the global industry involved in producing, distributing, and selling glass equipment and containers specifically designed for use in scientific laboratories, research facilities, and chemical processing plants. Furthermore, the worldwide market for chemical glassware is driven by increasing demand in biotechnology, pharmaceuticals, and scientific research. The rising R&D activities, improvement in laboratory facilities, and new developments in chemical processing play important roles. Glassware's environmentally friendly and reusability nature, as well as strict laboratory safety and precision regulatory standards, also drive market growth in developed and developing economies. However, the high fragility, limited reusability, availability of cost-effective plastic alternatives, stringent regulatory standards, and high production costs affecting widespread adoption and market growth are key restraints for the growth of the market.
The borosilicate glass segment accounted for the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
On the basis of the type of material, the global chemical glassware market is classified into borosilicate glass and quartz glass. Among these, the borosilicate glass segment accounted for the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. This is because of its superior thermal resistance, chemical durability, and mechanical strength, making it ideal for laboratory and industrial use. Its reliability in high-temperature and corrosive environments drives consistent demand, while growing R&D activities and pharmaceutical production further boost its anticipated growth during the forecast period.
The online retail segment accounted for the largest share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
On the basis of the distribution channel, the global chemical glassware market is segmented into direct sales, distributors, and online retail. Among these, the online retail segment accounted for the largest share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The segmental growth is ascribed to increased digitalization, convenience, and broad product accessibility. Laboratories and institutions prefer online platforms for quick procurement, competitive pricing, and bulk purchasing. Growing e-commerce infrastructure, faster delivery options, and global reach are expected to drive this segment’s remarkable CAGR in the coming years.
The research laboratories segment accounted for the largest share in 2023 and is anticipated to grow at a substantial CAGR over the forecast period.
On the basis of the end-use application, the global chemical glassware market is divided into research laboratories, chemical manufacturing, pharmaceutical laboratories, and biotechnology laboratories. Among these, the research laboratories segment accounted for the largest share in 2023 and is anticipated to grow at a substantial CAGR over the forecast period. The segmental growth is attributed to rising investments in scientific research, academic advancements, and government funding for R&D. Extensive use of glassware in experiments, testing, and educational training drives demand. Increasing focus on innovation across sectors ensures sustained growth, contributing to a substantial CAGR during the forecast period.
North America is projected to hold the largest share of the global chemical glassware market over the forecast period.
North America is projected to hold the largest share of the global chemical glassware market over the forecast period. The regional growth is attributed to its well-established pharmaceutical and biotechnology sectors, strong presence of academic and research institutions, and high R&D spending. Technological advancements, a mature healthcare infrastructure, and growing demand for precision laboratory equipment further support market dominance across the region during the forecast period.
Asia Pacific is expected to grow at the fastest CAGR growth of the global chemical glassware market during the forecast period. The regional growth is ascribed to rapid industrialization, expanding pharmaceutical and biotech sectors, and increasing government investments in research infrastructure. The rising demand for quality laboratory equipment in emerging economies like China and India, along with growing academic and healthcare initiatives, is fueling market growth in the region.
Company Profiling
Major vendors in the global chemical glassware market are Corning Inc., Schott AG, Duran Group, Pyrex, Kimble Chase, B Braun Melsungen AG, AG Scientific, DW Scientific, Guangzhou Landuo Advanced Materials Co., Ltd., Shanghai Kejin Materials Technology Co., Ltd., and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global chemical glassware market based on the below-mentioned segments:
Global Chemical Glassware Market, By Type of Material
- Borosilicate Glass
- Quartz Glass
Global Chemical Glassware Market, By Distribution Channel
- Direct Sales
- Distributors
- Online retail
Global Chemical Glassware Market, By End-Use Application
- Research Laboratories
- Chemical Manufacturing
- Pharmaceutical Laboratories
- Biotechnology Laboratories
Global Chemical Glassware Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa