Market Overview
The glove box market 2020 is said to be gaining massive attention from multiple sectors, which can mean a smooth run at a rate of 4% between 2023-2030 (review period). In a detailed study, Market Research Future (MRFR) reveals that by 2023, the global market can touch a valuation of USD 220 Million by 2030.
The injection molding machinery market was experiencing steady growth and continued innovation in the manufacturing sector worldwide. Injection molding machinery is used to produce a wide range of plastic products by injecting molten plastic material into a mold, allowing it to cool and solidify into the desired shape.
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Key Players
Renowned companies that are working on a getting a better position in the market for glove box include
· Inert Corporation (US)
· Glove Box Technology Limited (UK
· Vacuum Atmospheres Company (US)
· Changsha Deco Equipment Co., Ltd (China)
· GS GLOVEBOX Systemtechnik GmbH (Germany)
· Cole-Parmer Instrument Company, LLC (US)
· Coy Laboratory Products, Inc. (US)
· MBRAUN (Germany)
· Jacomex (France)
· Germfree Laboratories, Inc. (US)
· Marine & Industrial Plastics Ltd (UK)
· LC TECHNOLOGY SOLUTIONS, INC (US)
· Banthrax Corporation (US)
· Miwa Mfg. Co., Ltd (Japan)
· Bangalore Vacuum Technology (India)
Rising Demand for Plastic Products:
The increasing use of plastic products in everyday life has contributed to the growth of the injection molding machinery market. Plastic's versatility, durability, and lightweight properties make it a popular choice for various applications.
Technological Advancements:
The injection molding machinery market has seen continuous technological advancements, including the integration of automation, robotics, and digital controls, leading to improved efficiency and productivity.
Growing Automotive Industry:
The automotive industry is a significant consumer of injection-molded plastic components, such as interior trims, dashboards, bumpers, and under-the-hood parts.
Packaging Applications:
Injection molding machinery is extensively used for the production of plastic packaging materials, including bottles, containers, caps, and closures.
Global Market Growth:
The injection molding machinery market has experienced growth in various regions, with emerging economies in Asia-Pacific witnessing significant demand due to industrialization and urbanization.
Market Segmentation
The segmental review of the glove boxes industry has been outlined in the report for better comprehension, which covers product type, as well as end-use.
· The product types appraised in the market study are aluminum, plastic, stainless steel, and others.
· The end-use sections covered in the report are defense industry, electronic/lithium batteries, pharmaceutical & biotechnology, and more.
Industrial News
January 2020
MBRAUN has recently developed a Nitrogen analyzer that helps measure and notifies the user of higher Nitrogen levels in their Argon Glovebox Workstation. Increased Nitrogen levels can be toxic, evne through MBRAUN gloveboxes guarantee an extremely top level of tightness.
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