Glove box Market is Expected to Grow at USD 220 Million by 2027

Glove Box Market

Market Overview

According to the research analysis of the glove box market, it is seeking attention from several sectors, which is why it is estimating a smooth run with a growth of 4% CAGR during the expected period. This is the time when the market is estimated to rise from USD 152.38 million to USD 220 million during 2020-2027.

This market includes companies and industries involved in glove box development, manufacture and design. The glove box market is increasing speedily globally due to rising awareness about investments in research and development all over the industries and laboratory safety. But the market growth may be obstructed by an increase in the prices of the glove box. The current developments in the technology of lithium-ion batteries are estimated to provide opportunities for growth of the glove box market worldwide during the estimation period.

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Key Players

Coy Laboratory Products Inc. (US)
Cole-Parmer Instrument Company LLC (US)
Glove Box Technology Limited (UK)
Vacuum Atmospheres Company (US)
MBRAUN (Germany)
Inert Corporation (US)
LC TECHNOLOGY SOLUTIONS INC (US)
Banthrax Corporation (US)
Germfree Laboratories Inc. (US)
Jacomex (France)
GS GLOVEBOX Systemtechnik GmbH (Germany)
Marine & Industrial Plastics Ltd (UK)
Miwa Mfg. Co. Ltd (Japan)
Changsha Deco Equipment Co. Ltd (China)
Bangalore Vacuum Technology (India)
Market segmentation

The product type and the end-user segregate the market segmentation of the glove box market.

By Product Type

Stainless Steel
Plastic
Aluminum
Others
By End Use

Pharmaceutical & Biotechnology
Electronic/ Lithium Batteries
Defense Industry
Others

Regional Analysis

The global glove box based on region is segregated into Europe, Asia-Pacific, North America, South America, and Middle East & Africa. The Asia Pacific region is to witness a high growth rate during the period. This is only possible because the rise in investment in research and development in food, chemical, electronics and automobiles is estimated to be the primary factor in the rise of the demand for glove boxes across the world. However, the companies from international regions are steadily importing low-priced raw materials and low-priced glove box systems from all these regions. The Asia Pacific is accounted as one of the important markets in the world glove box market due to the existence of developing economies such as China and India, which are estimated to play a main role in the aggregate demand during the estimated period. The glove box is a closed section where the objects are loaded with the support of the side box and can be operated through the gloves. The gloves are utilized as they have excellent resistance to chemicals and abrasions. The glove box with clear, thick and steady acrylic shells permits ideal visibility and stays resistant to harsh atmospheric conditions.

The operator may differ or manage the inside pressure of the glovebox by an automatic pressure controller.

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Table of Content

1 Executive Summary

1.1 Market Attractive Analysis 15

1.2 Global Glove Box Market, By Product Type 15

1.3 Global Glove Box Market, By End-Use 16

2 Market Introduction

2.1 Definition 17

2.2 Scope Of The Study 17

2.3 List Of Assumptions 18

2.4 Market Structure 18

2.5 Key Buying Criteria 19

3 Research Methodology

3.1 Research Process 20

3.2 Primary Research 21

3.3 Secondary Research 22

3.4 Market Size Estimation 23

3.5 Forecast Model 23

4 Market Insights

Recent development

The manufacturing companies of batteries run nonstop to fulfill the fastest increase in demand for Li-ion batteries. In the year 2019, the company called Nissan Motor Co. Ltd declared their product LEAF e+. This type of battery has a new module structure that enables the elasticity to personalize the cell numbers for the first time and permits the optimal battery module height and shape to fit best for the customer requirement and vehicle platform.

In 2018, at Philip Kim's lab, which is at Harvard university, there was a setup of MBraun MB-200B gloveboxes.

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