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.
Primary Drivers and Key Restraints
It is not only the health aspect but also the economic facet that has taken a hit due to the Coronavirus. The pandemic has casted a long shadow over various industries worldwide. The lockdown situation in many ways has impacted activities such as vendor operations, supply chain operations, and product commercialization. The glove boxes market is also enduring the ramifications of the present situation, but can gain traction due to the resilience shown by the leading players who are striving to curb the revenue loss by using effective marketing strategies.
The glove box market can also offer remarkable opportunities in the forthcoming years, thanks to the expanding global population and the mounting demand for transportation. The surge in the disposable income of people in developed as well as developing region can be a notable plus point for the glove box industry in the years ahead. The escalating awareness levels about the safety precautions among industrial employees are also leading the market to greater heights.
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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.
Renowned Companies
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)
Latest 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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