Pharmaceutical Packaging Materials Market
Pharmaceutical Packaging Materials Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Pharmaceutical Packaging Materials Market Size and Growth
The global Pharmaceutical Packaging Materials market is projected to reach a value of $112.1 billion by 2027, with a CAGR of 6.2%. Rising demand for drug delivery systems and strict regulatory guidelines are driving market growth. Key players include DuPont, West Pharmaceutical Services, and Amcor. Innovation and sustainability will be key trends shaping the market in the coming years.
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Companies Covered (Covid 19 Impact Covered)
◍ DOW
◍ Henkel
◍ Huntsman
◍ Bostik
◍ H.B. Fuller
◍ Toyo Ink Group
◍ Jiangsu Jintan
◍ Zhejiang Xindongfang
◍ Comens Material
◍ Alcoa
◍ Norsk Hydro
◍ Novelis
◍ Noranda Aluminum
◍ Sumitomo Chemical
◍ Arkema
◍ MOL GROUP
◍ Eastman Chemical Company
◍ Exxon Mobil Corporation
The pharmaceutical packaging materials market is highly competitive with key players like DOW, Henkel, and Huntsman dominating the industry. These companies provide a wide range of packaging solutions for pharmaceutical products, including plastics, aluminum, and adhesives, which are crucial for maintaining product integrity and safety.
- DOW reported sales revenue of $58.2 billion in 2020
- Henkel reported sales revenue of $20.1 billion in 2020
- Huntsman reported sales revenue of $6.2 billion in 2020
These companies play a significant role in driving growth in the pharmaceutical packaging materials market by continuously innovating and offering sustainable and efficient packaging solutions to meet the evolving needs of the healthcare industry. Their expertise and highquality products contribute to the overall success of the market.
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Market Segmentation
By Application
◍ Capsule Packing
◍ Plastic Flexible Package
By Product
◍ Solvent Adhesive
◍ Solvent-free Adhesive
◍ Waterborne Adhesives
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