Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Carboys are large-volume plastic or glass containers which typically hold 20 to 60 liter of liquid. Dispensing carboys are generally used for dispensing media, solutions, chemicals, etc. They could be made up of glass or plastic. The various material used to manufacture carboy are PETG (polyethylene terephthalate, glycol-modified), PP (Polypropylene), PE (Polyethylene), and Polycarbonate. These dispensing carboys can be autoclaved and can withstand certain levels of cold, heat or chemical interactions. These carboy’s are available in a variety of capacities, in rectangular and cylindrical shapes with horizontal or vertical orientations, and with wide or narrow openings. Carboy’s are also referred to as demijohn and are also used for in-home fermentation of beverages, often beer or wine.
United States holds the significant market for dispensing carboy. It is anticipated to grow at significant CAGR over the forecast period. the increasing use of plastic carboy’s for the fermentation of beer, wine, mead, etc appears to be a crucial factor for the market growth. Also, the increasing demand from various end- use industries is adding fuel to the market growth. Also, the presence of various chemical industries and laboratories is flourishing the market for dispensing carboy. However, the use of plastic carboy is a concern as plastic is responsible for pollution and hence, many manufacturers are avoiding the use of plastic for the carboy making. Hence, this could hamper the market growth.
The outburst of COVID 19 increased the demand for various drugs, chemicals and medication which impacted the dispensing carboy market in a positive way. The increasing cases in united states demanded the medications and drugs in larger amount. Also, the hygiene became a concern and increased the use of sanitizer and other disinfecting agents. All this lead to the increased production and demand for dispensing carboy. Post-COVID, the market will continue to grow owing to its demand and need.
In United States the dispensing carboy market is segmented based upon the material type and end use industries.
In United States, based on material type the market is segmented into glass and plastic. The segment plastic is further bifurcated into PETG (polyethylene terephthalate, glycol-modified), PP (Polypropylene), PE (Polyethylene), and Polycarbonate. Among these, the plastic dispensing carboy dominates the market. The plastic carboy is robust, durable and cost-effective solution widely used to store a large quantity of liquid. It is recyclable, and its transparent design offers see-through of packed products. However, the glass carboy is anticipated to mark a significant growth as there is increased use of glass carboy by chemical laboratories as it is chemical resistant.
The various end use industries of dispensing carboy are food and beverages, healthcare, chemical laboratories, etc. The chemical industry holds the prominent position in the market owing to increasing research and laboratories activities and presence of various laboratories and chemical industries in the region. Hence, increasing the demand for dispensing carboy. Also, the food and beverage industry is anticipated to grow at the faster rate owing to increased use of plastic carboy for the fermentation of beer, wine, etc. in the region.
The various key players present in the market are Thermo Fisher Scientific, Sterlitech Corporation, Dynalon Labware, All American Containers, Globe Scientific Inc., Foxx Life Sciences, Marin Scientific Development Company, Metro Ace Innovplas Corporation, Cole-Parmer India Pvt. Ltd.
Carboys are large-volume plastic or glass containers which typically hold 20 to 60 liter of liquid. Dispensing carboys are generally used for dispensing media, solutions, chemicals, etc. They could be made up of glass or plastic. The various material used to manufacture carboy are PETG (polyethylene terephthalate, glycol-modified), PP (Polypropylene), PE (Polyethylene), and Polycarbonate. These dispensing carboys can be autoclaved and can withstand certain levels of cold, heat or chemical interactions. United States holds the significant market for dispensing carboy. It is anticipated to grow at significant CAGR over the forecast period. the increasing use of plastic carboy’s for the fermentation of beer, wine, mead, etc appears to be a crucial factor for the market growth. Also, the increasing demand from various end- use industries is adding fuel to the market growth. Also, the presence of various chemical industries and laboratories is flourishing the market for dispensing carboy.
In United States, based on material type the market is segmented into glass and plastic. The segment plastic is further bifurcated into PETG (polyethylene terephthalate, glycol-modified), PP (Polypropylene), PE (Polyethylene), and Polycarbonate. Among these, the plastic dispensing carboy dominates the market. The plastic carboy is robust, durable and cost-effective solution widely used to store a large quantity of liquid. The various end use industries of dispensing carboy are food and beverages, healthcare, chemical laboratories, etc. The chemical industry holds the prominent position in the market owing to increasing research and laboratories activities and presence of various laboratories and chemical industries in the region. Hence, increasing the demand for dispensing carboy.
The various key players present in the market are Thermo Fisher Scientific, Sterlitech Corporation, Dynalon Labware, All American Containers, Globe Scientific Inc., Foxx Life Sciences, Marin Scientific Development Company, Metro Ace Innovplas Corporation, Cole-Parmer India Pvt. Ltd.
Why to buy this report:
