Product Code: GVR-4-68039-991-4
Biopharma Plastics Market Growth & Trends:
The global biopharma plastics market size is expected to reach USD 11.29 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.2% from 2022 to 2030. The growing awareness about lightweight materials used in the healthcare industry in various applications such as containers, valves, and clamps is expected to drive the demand for silicones. Superior characteristics of the biopharma plastic polymers make them highly compatible with rubber, adhesives, metals, and coatings, thus increasing their preference over other products. Increasing production of biopharma plastic products is the key factor behind the growth of this market.
The revision of the regulatory framework associated with the biopharma industry is expected to increase the safety, efficacy, and performance standards of biopharma plastic-based medical products. As a result, the demand for superior-quality biopharma plastics is expected to grow in Europe in the coming years. The market in the region is highly regulated, with stringent norms enforced for the production of biopharma plastics by the World Health Organization.
The growing demand for biopharma plastics to manufacture various medical equipment, such as drug delivery systems, beakers, test tubes, and containers for laboratory ware, IV, and dialysis fluid is expected to positively impact the growth of the market over the forecast period. The growing biopharma/medical industry coupled with the increasing demand for a hygienic and clean environment at healthcare facilities is expected to have a positive impact on the market growth over the forecast period.
The high demand for advanced healthcare services owing to the availability of well-developed healthcare infrastructure, increasing incidences of cardiovascular diseases, and rising aging population are anticipated to drive the demand for biopharma medical devices, which, in turn, is expected to drive polyethylene terephthalate demand in biopharma applications.
Biopharma Plastics Market Report Highlights:
- In terms of revenue, the polyvinyl chloride polymer type segment accounted for a prominent share in 2021 and is expected to witness prominent growth over the forecast period
- The syringes application segment dominated the market and accounted for more than 20.0% share of the overall revenue in 2021. The increased demand for advanced healthcare services owing to surging incidences of cardiovascular diseases, orthopedic disorders, and endovascular diseases and expanding geriatric global population base is anticipated to drive the consumption of syringes in the market
- As of 2021, Asia Pacific accounted for the largest share of more than 30.0% in terms of revenue. The presence of a well-established manufacturing base and increased healthcare expenditure in China, Japan, and India are anticipated to provide further impetus to the regional market growth
- Major players are continuously working on developing their production plants owing to the increased usage of biopharma plastics in the healthcare industry. For instance, in April 2022, Iktos and Teijin Limited co-developed a new technology for small molecule drug discovery. Under this agreement, Iktos and Teijin Pharma will collaborate to develop new AI technology with the goal of enhancing and speeding up the drug design process
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Research Methodology
- 1.2 Research scope and assumptions
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR's Internal Database
- 1.3.3 Secondary Sources
- 1.3.4 Third-Party Perspective
- 1.3.5 Primary Research
- 1.4 Information Analysis
- 1.4.1 Data Analysis Models
- 1.5 Market Formulation and Data Visualization
- 1.6 Data Validation and Publishing
- 1.7 List of Abbreviations
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segment Snapshot
- 2.3 Competitive Landscape Snapshot
Chapter 3 Biopharma Plastics Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Global Plastics Market Outlook
- 3.2 Biopharma Plastics Market- Penetration & Growth Prospect Mapping
- 3.3 Biopharma Plastics Market: Industry Value Chain Analysis
- 3.3.1 Raw Material Trends
- 3.3.1.1 Propylene
- 3.3.1.2 Ethylene Terephthalate
- 3.3.1.3 Ethylene
- 3.3.1.4 VinyL Chloride
- 3.4 Technology Overview
- 3.4.1 Biopharma Plastics Market- Patent Analysis
- 3.5 Regulatory Framework
- 3.5.1 Standard & Compliances
- 3.5.1.1 Polyethylene (PE)
- 3.5.2 Safety
- 3.5.2.1 Polyethylene (PE)
- 3.5.2.2 polypropylene (PP)
- 3.5.2.3 Acrylonitrile Butadiene Styrene (ABS) First-Aid Measures
- 3.5.2.4 Polyvinyl Chloride
- 3.6 Market Dynamics
- 3.6.1 Market Driver Analysis
- 3.6.1.1 Rise in global healthcare expeNditure
- 3.6.1.2 Increasing cases of cancerous patients across the globe
- 3.6.2 Market Restraint analysis
- 3.6.2.1 Volatile raw material prices
- 3.6.3 Market Challenges analysis
- 3.6.4 Market Opportunity analysis
- 3.7 Biopharma Plastics market - Business Environment Analysis
- 3.7.1 Porter's FIve Force Analysis
- 3.7.2 PESTEL Analysis
- 3.8 Impact of Russia & Ukraine Implication on Biopharma Plastics Market
- 3.9 Impact of COVID-19 on Biopharma Plastics Market
Chapter 4 Biopharma Plastics Market: Polymer Type Estimates & Trend Analysis
- 4.1 Polymer Type Movement Analysis & Market Share, 2021 & 2030
- 4.2 Polyethylene (PE)
- 4.2.1 Biopharma Plastics Market Estimates and Forecasts, By polyethylene, 2019 - 2030 (KiloKilotons) (USD Million)
- 4.3 Polypropylene (PP)
- 4.3.1 Biopharma Plastics Market Estimates and Forecasts, By Polypropylene, 2019 - 2030 (KiloKilotons) (USD Million)
- 4.4 Polyvinyl Chloride (PVC)
- 4.4.1 Biopharma Plastics Market Estimates and Forecasts, by Polyvinyl Chloride, 2019 - 2030 (KiloKilotons) (USD Million)
- 4.5 Polyethylene Terephthalate (PET)
- 4.5.1 Biopharma Plastics Estimates and Forecasts, By Polyethylene Terephthalate, 2019 - 2030 (KiloKilotons) (USD Million)
- 4.6 Acrylonitrile Butadiene Styrene (ABS)
- 4.6.1 Biopharma Plastics Estimates and Forecasts, by acrylonitrile butadiene styrene, 2019 - 2030 (KiloKilotons) (USD Million)
- 4.7 Polytetrafluoroethylene (PTFE)
- 4.7.1 Biopharma Plastics Estimates and Forecasts, By Polytetrafluoroethylene, 2019 - 2030 (KiloKilotons) (USD Million)
- 4.8 Others
- 4.8.1 Biopharma Plastics Estimates and Forecasts, By others, 2019 - 2030 (KiloKilotons) (USD Million)
Chapter 5 Biopharma Plastics Market: Application Estimates & Trend Analysis
- 5.1 Application Movement Analysis & Market Share
- 5.2 Protective Wear
- 5.2.1 Biopharma Plastics Market Estimates and Forecasts, By Protective Wear, 2019 - 2030 (KiloKilotons) (USD Million)
- 5.3 Containers
- 5.3.1 Biopharma Plastics Market Estimates and Forecasts, By Containers, 2019 - 2030 (KiloKilotons) (USD Million)
- 5.4 Bioreactor Bags
- 5.4.1 Biopharma Plastics Market Estimates and Forecasts, By Bioreactor Bags, 2019 - 2030 (KiloKilotons) (USD Million)
- 5.5 Syringes
- 5.5.1 Biopharma Plastics Market Estimates and Forecasts, By Syringe, 2019 - 2030 (KiloKilotons) (USD Million)
- 5.6 Depth Filter
- 5.6.1 Biopharma Plastics Market Estimates and Forecasts, By Depth Filter, 2019 - 2030 (KiloKilotons) (USD Million)
- 5.7 Disposable Medical Connectors
- 5.7.1 Biopharma Plastics Market Estimates and Forecasts, By Disposable Medical Connector, 2019 - 2030 (KiloKilotons) (USD Million)
- 5.8 Others
- 5.8.1 Biopharma Plastics Market Estimates and Forecasts, By other application, 2019 - 2030 (KiloKilotons) (USD Million)
Chapter 6 Biopharma Plastics Market: Regional Market Estimates & Trend Analysis
- 6.1 Biopharma Plastics Market: Regional Movement Analysis, 2021 & 2030
- 6.2 North America
- 6.2.1 North America Biopharma Plastics Market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.2.2 North America Biopharma Plastics Market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.2.3 North America Biopharma Plastics Market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.2.4 U.S.
- 6.2.4.1 U.S. Biopharma Plastics Market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.2.4.2 U.S. Biopharma Plastics Market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.2.4.3 U.S. Biopharma Plastics Market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.2.5 Canada
- 6.2.5.1 Canada Biopharma Plastics Market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.2.5.2 Canada Biopharma Plastics Market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.2.5.3 Canada Biopharma Plastics Market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.2.6 Mexico
- 6.2.6.1 Mexico Biopharma Plastics Market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.2.6.2 Mexico Biopharma Plastics Market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.2.6.3 Mexico Biopharma Plastics Market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.3 Europe
- 6.3.1 Europe Biopharma Plastics market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.3.2 Europe biopharma Plastics market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.3.3 Europe biopharma Plastics market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.3.4 Germany
- 6.3.4.1 Germany biopharma plastics market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.3.4.2 Germany biopharma Plastics market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.3.4.3 Germany biopharma Plastics market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.3.5 U.K.
- 6.3.5.1 U.K. Biopharma Plastics Market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.3.5.2 U.K. Biopharma Plastics Market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.3.5.3 U.K. Biopharma Plastics Market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.3.6 France
- 6.3.6.1 France Biopharma Plastics Market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.3.6.2 France Biopharma Plastics Market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.3.6.3 France Biopharma Plastics Market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.3.7 Italy
- 6.3.7.1 Italy Biopharma Plastics Market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.3.7.2 Italy Biopharma Plastics Market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.3.7.3 Italy Biopharma Plastics Market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.4 Asia Pacific
- 6.4.1 Asia Pacific Biopharma Plastics Market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.4.2 Asia Pacific Biopharma Plastics Market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.4.3 Asia Pacific Biopharma Plastics Market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.4.4 China
- 6.4.4.1 China Biopharma Plastics Market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.4.4.2 China Biopharma Plastics Market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.4.4.3 China Biopharma Plastics Market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.4.5 India
- 6.4.5.1 India Biopharma Plastics Market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.4.5.2 India Injection Molded Plastics market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.4.5.3 India Biopharma Plastics Market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.4.6 Japan
- 6.4.6.1 Japan Biopharma Plastics Market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.4.6.2 Japan Biopharma Plastics Market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.4.6.3 Japan Biopharma Plastics Market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.5 Central & South America
- 6.5.1 Central & South America Biopharma Plastics Market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.5.2 Central & South America Biopharma Plastics Market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.5.3 Central & South America Biopharma Plastics Market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.5.4 Brazil
- 6.5.4.1 Brazil Biopharma Plastics Market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.5.4.2 Brazil Biopharma Plastics Market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.5.4.3 Brazil Biopharma Plastics Market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.5.5 Argentina
- 6.5.5.1 Argentina Biopharma Plastics Market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.5.5.2 Argentina Injection Molded Plastics market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.5.5.3 Argentina Biopharma Plastics Market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.6 Middle East & Africa
- 6.6.1 Middle East & Africa Biopharma Plastics Market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.6.2 Middle East & Africa Biopharma Plastics Market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.6.3 Middle East & Africa Biopharma Plastics Market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.6.4 GCC Countries
- 6.6.4.1 GCC CountriesBiopharma Plastics Market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.6.4.2 GCC Countries Biopharma Plastics Market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.6.4.3 GCC Countries Biopharma Plastics Market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.6.5 South Africa
- 6.6.5.1 South Africa Biopharma Plastics Market estimates and forecasts, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.6.5.2 South Africa Biopharma Plastics Market estimates and forecasts, by Polymer Type, 2019 - 2030 (KiloKilotons) (USD Million)
- 6.6.5.3 South Africa Biopharma Plastics Market estimates and forecasts, by Application, 2019 - 2030 (KiloKilotons) (USD Million)
Chapter 7 Competitive Landscape
- 7.1 Recent Developments & Their Impact Analysis, by Key Market Participants
- 7.1.1 Key Companies/Competition Categorization
- 7.2 Vendor Landscape
- 7.2.1 List of Key Distributors & Channel Partners
- 7.2.2 List of Key Potential Customers/End-users
- 7.3 Public & Private Companies
- 7.3.1 Competitive Dashboard Analysis
Chapter 8 Company Profiles
- 8.1 BASF SE
- 8.1.1 Company Overview
- 8.1.2 Financial Performance
- 8.1.3 Product Benchmarking
- 8.1.4 Strategic Initiatives
- 8.2 SABIC
- 8.2.1 Company Overview
- 8.2.2 Financial Performance
- 8.2.3 Product benchmarking
- 8.2.4 Strategic Initiatives
- 8.3 Dow, Inc.
- 8.3.1 Company Overview
- 8.3.2 Financial Performance
- 8.3.3 Product Benchmarking
- 8.3.4 Strategic Initiatives
- 8.4 LyondellBasell Industries Holdings B.V.
- 8.4.1 Company overview
- 8.4.2 Financial Performance
- 8.4.3 Product benchmarking
- 8.4.4 Strategic Initiatives
- 8.5 Solvay
- 8.5.1 Company overview
- 8.5.2 Financial performance
- 8.5.3 Product Benchmarking
- 8.6 DuPont de Nemours, Inc.
- 8.6.1 Company Overview
- 8.6.2 Financial performance
- 8.6.3 Product Benchmarking
- 8.7 LG Chem
- 8.7.1 Company Overview
- 8.7.2 Financial performance
- 8.7.3 Product Benchmarking
- 8.8 Saint-Gobain Performance Plastics
- 8.8.1 Company overview
- 8.8.2 Financial performance
- 8.8.3 Product Benchmarking
- 8.9 Tekni-Plex
- 8.9.1 Company overview
- 8.9.2 Product benchmarking
- 8.10 Toray Industries, Inc.
- 8.10.1 Company overview
- 8.10.2 Financial performance
- 8.10.3 Product Benchmarking
- 8.11 Chevron Phillips Chemical Co., LLC
- 8.11.1 Company overview
- 8.11.2 Financial performance
- 8.11.3 Product benchmarking
- 8.12 Exxon Mobil Corporation
- 8.12.1 Company overview
- 8.12.2 Financial performance
- 8.12.3 Product benchmarking
- 8.12.4 Strategic initiative
- 8.13 Formosa Plastics Corporation
- 8.13.1 Company overview
- 8.13.2 Financial performance
- 8.13.3 Product benchmarking
- 8.14 Covestro AG
- 8.14.1 Company overview
- 8.14.2 Financial performance
- 8.14.3 Product benchmarking
- 8.14.4 Strategic Initiatives
- 8.15 TEIJIN LIMITED
- 8.15.1 Company Overview
- 8.15.2 Financial performance
- 8.15.3 Product benchmarking
- 8.15.4 Strategic Initiatives
- 8.16 Mitsui & Co. Plastics Ltd.
- 8.16.1 Company Overview
- 8.16.2 Financial performance
- 8.16.3 Product benchmarking
- 8.17 INEOS Group
- 8.17.1 Company Overview
- 8.17.2 Financial Performance
- 8.17.3 Product benchmarking
- 8.18 CHIMEI
- 8.18.1 Company Overview
- 8.18.2 Financial Performance
- 8.18.3 Product Benchmarking