openPR Logo
Press release

Canisters Market Growth 2018 to 2023; the Rising Use of Canisters as Packing Material in Pharmaceutical and Healthcare Industry with 7% of CAGR

05-25-2018 09:23 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Market Research Future

Market Research Future

Canisters Market: Overview
Global market for canisters is expected to grow at a CAGR of approximately 7% during the forecast period, 2017–2023. Canisters are small, rigid, cylindrical containers filled with hygroscopic substance such as clay, silica gel, activated carbon. These materials are used as drying agents to control moisture and odours. It is a plastic container made up of polyethylene material. There are numerous pharmaceuticals packaging materials such as pillow pak, unit pak, vials among others, canisters are growing on a growing demand. The major reason for their wide use in pharmaceutical packaging is its rigid structure with the ease to keep and maintain which is becoming the major reason of its acceptance in household sectors. These desiccant canisters are considered non-toxic. In addition, these canisters are FDA CFR 21 approved and considered safe to use in direct contact with food or pharmaceuticals.

Avail Stunning Discount @ https://www.marketresearchfuture.com/check-discount/759 .

Numerous production facilities use canisters of different configuration. For instance, canisters with a configuration of 0.5-1 gm are used by pharmaceutical industries. Whereas, for storing chemicals, canisters with a configuration between 1–2gm are mostly used. Additional packaging types include vials and syringes that are used for diagnostic purposes.

Key Players:

Some major players in the global canisters market include Zibo Uni-Shine Industry Co., Ltd., Swastika international co, Electrolux Group, Stanley Black & Decker, Dyson Ltd., Oreck Corporation, TTI Floor Care, Miele, Eureka Forbes Ltd, and Haier Group, Clariant, Sanner GmbH, Ashirwad chemicals, and others.

Market Segmentation:

The global canisters market is segmented on the basis of configuration, application, and end-user.

On the basis of configuration, the global canisters market is segmented into 0.5–1 gm, 1–2 gm, 2–3 gm, 3 gm and above, and others.

On the basis of application, the global canisters market is classified into packaging, storage, and others. The packaging segment is divided into pharmaceuticals packaging, nutraceuticals packaging, diagnostic packaging, and others.

On the basis of end-user, the global canisters market is classified into, pharmaceutical, automotive, healthcare, chemical, domestic, retail industries, and others.

Avail Premium sample copy @ https://www.marketresearchfuture.com/sample_request/759 .
Global Canisters Market – Regional:

Geographically, the regional market is segmented into America, Europe, Asia Pacific, and the Middle East & Africa.

North America is dominating the canisters market. Factors such as advancement in manufacturing processes and technological innovation, growing demand for drug delivery devices & blister packaging, contribution of nanotechnology to the pharmaceutical packaging market, and implementation of new health law in the U.S. are driving the growth of the market. US is the leader market amongst other countries such as Canada, Mexico among others. Europe is the second largest global market for pharmaceutical dessicant canisters

Asia-Pacific is the emerging market in the global canisters market. The increasing large and small pharmaceutical packaging industries, rising awareness among consumers and government initiatives such as “Make-In-India” campaign started by Indian government is driving the growth of canisters market in India. China, and Australia are also showing good opportunities in the forecasted period.

Zibo Uni-Shine Industry Co., Ltd., Swastika International Co., Electrolux Group, Stanley Black & Decker, Dyson Ltd., Oreck Corporation, TTI Floor Care, Miele, Eureka Forbes Ltd, and Haier Group, Clariant, Sanner GmbH, Ashirwad chemicals among others are some of the prominent players at the forefront of competition in the global canisters treatment market and are profiled in MRFR Analysis.

Industry updates:

Nov, 2017 Clariant, a world leader in specialty chemicals announced announced in year 2015 its plans to invest CHF 10 million in a new Healthcare Packaging manufacturing plant in Cuddalore in Tamil Nadu State, located about 25 km from the city of Pondicherry. The plant will manufacture Clariant's market-leading moisture control products to support the growing pharmaceutical packaging market in India. This production unit will enhance the customer base in Asia Pacific and gain market prominence in this region.

Oct, 2017 Clariant Healthcare launched the novel Oxy-Guard bottles that has the ability to extend shelf life of oxygen- and moisture-sensitive probiotics.

Key Questions Answered In This Report:

What will the market size and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

Get Your Customized Report with Latest Advancement @ https://www.marketresearchfuture.com/enquiry/759 .

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Canisters Market Growth 2018 to 2023; the Rising Use of Canisters as Packing Material in Pharmaceutical and Healthcare Industry with 7% of CAGR here

News-ID: 1061908 • Views:

More Releases from Market Research Future

9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through 2035
9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through …
The 9-decanoic acid methyl ester market is a growing sector driven by the increasing demand for bio-based and sustainable chemical products across various industries. With its unique properties, it finds application in flavors and fragrances, pharmaceuticals, personal care, and as a chemical intermediate. The market is projected to expand significantly in the coming years. Market Overview and Size The global 9-decanoic acid methyl ester market was valued at USD 230.0 million in
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
The washable marker market is a dynamic and growing segment within the broader stationery and art supplies industry. Driven by a blend of consumer demands for safety, convenience, and sustainability, the market is experiencing consistent expansion, particularly within the education and home-use sectors. While faced with some challenges, the industry's future looks promising, propelled by product innovation and evolving consumer trends. Get Sample @ https://www.marketresearchfuture.com/sample_request/41217 Market Size and Growth The global washable
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
The phone car mounts market, a critical sub-segment of the broader automotive accessories industry, is experiencing robust growth driven by a convergence of technological advancements, evolving consumer behavior, and increasingly stringent road safety regulations. As smartphones become indispensable for navigation, communication, and in-car entertainment, the demand for secure and convenient hands-free solutions continues to escalate. The global phone car mounts market was valued at USD 3.93 billion in 2024 and
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR by 2032
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR …
Market Overview: The Intravenous (IV) Solution Market is estimated to be valued at USD 13.9 billion in 2023 and is projected to reach USD 26.60 billion by 2032, expanding at a compound annual growth rate (CAGR) of 7.70% from 2024 to 2031. The market growth is attributed to the rising prevalence of chronic diseases, growing hospitalization rates, and increasing surgical procedures that require IV fluid administration. Intravenous solutions are critical

All 5 Releases


More Releases for Clariant

Troy Corporation ThorGmbh Lanxess Clariant BASF AkzoNobel
Global Microbial Control market size will increase to Million US$ by 2025, from Million US$ in 2017, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Microbial Control. This report researches the worldwide Microbial Control market size (value, capacity, production and consumption) in key regions like North
Clariant successfully issues EUR 500 million Eurobond
Muttenz, January 17, 2012 – Today, Clariant successfully priced an Eurobond transaction of EUR 500 million with a tenor of 5 years, issued by Clariant Finance (Luxembourg) S.A. and guaranteed by Clariant Ltd. The fixed rate notes with a minimum denomination of EUR 100,000 and a final coupon of 5 ⅝ % p.a. are maturing on January 24, 2017. The orderbook was significantly oversubscribed on the back of strong investor demand.
Clariant strengthens Asian presence
 New Singapore Headquarters for South East Asia & Pacific  New Textile Chemicals Headquarters and application lab  First Asian Clariant ethoxylation plant in Dayabay, China Muttenz/Singapore, November 1, 2011 - The Swiss-based specialty chemicals company Clariant announces the opening of its new Regional Headquarters for South East Asia & Pacific and its new Global Textile Chemicals headquarters, both located in Singapore. Today Clariant is also celebrating the inauguration of its newly built ethoxylation plant
Clariant acquires Oberhausen Technology Center (OTC)
 Acquisition is part of company strategy to develop and strengthen ICS portfolio  Clariant gains technological expertise in new formulation technologies and delivery systems to serve customer needs in the consumer care market Muttenz, October 26, 2011 – The Swiss specialty chemicals group Clariant has acquired German company Oberhausen Technology Center (OTC) to further strengthen its Industrial & Consumer Specialties Business Unit (ICS). Financial details of the acquisition are not being disclosed. The
Clariant sells its Polysilazane coatings business
Muttenz, 4 October 2011 – Clariant, a world leader in specialty chemicals, today announced the sale of its Polysilazane coatings business including the production site in India to AZ Electronic Materials (AZ) for a consideration of approximately EUR 4 million. Under the terms of the agreement, Clariant retains the exclusive right to develop and use Polysilazanes for composite materials and ceramics. Clariant will continue its development in the area of
Clariant further expands operating margin
• Sales up 5% in local currencies on price increases, down 6% in CHF • EBITDA margin before exceptional items at 16.1% compared to 12.9% in the previous year • EBIT margin before exceptional items rose to 13.4% from 10.1% in Q1 2010 • Positive cash flow from operations of CHF 17 million • Net income of CHF 120 million compared to CHF 10 million a year ago • Süd-Chemie acquisition closed, integration process initiated; consolidation as of 21 April