Thursday, 28 July 2016

The Change in Preference from Pharma Glass to Plastic

Pharmaceutical packaging has witnessed a significant shift in the market preference – from Pharma Glass to plastics. This is especially true in the injectable devices segment. This change in preference has also led to a recent shift in the product portfolio of a few renowned parenteral packaging supplier companies in order to meet the market demand. There were significant tests carried out in companies’ pilot plant to assess the feasibility of shifting from glass to plastic.

What were some of the factors that influenced the decision to shift to plastic? -

 Some of the main reasons driving the shift include recent advancements made in the drug formulation stage. This has led to an increased drug complexity in addition to quality challenges faced by the use of glass, including delamination, breakage, and even siliconization, among other reasons. Therefore, the problems faced by glass have also proved to be major concerns for pharma players’ injectable drug’s packaging procurement. This is because the supply base is characterized by long term contracts.
Pharma glass


However, it is important to better understand why parenteral packaging is essential. Drugs are usually administered through the intravenous, intra ocular or the intradermal formats are referred to as parenteral drugs. These drugs are different from conventional oral as well as extra dermal drug intake. Parenteral drugs are used to cure disease including cancer, diabetes and rheumatoid arthritis, as well as other diseases. For these diseases, injectable are highly effective methods of administration. Therefore, Pilot Plants are testing the use of plastic as opposed to glass.

It is imperative to note that parenteral packaging is regarded as among the fastest growing pharmaceutical packaging formats. Therefore, the shift from pharma glass to plastic was not entirely a surprise. Parenteral package has a CAGR of 8-9% from 2014-19. The boost in demand is driven by lifestyle disease, ageing population in addition to increasing health awareness in countries like India and China. -

Wednesday, 20 July 2016

The Burgeoning Industrial Agitators Market

Industrial agitators have been in demand in this era of rapid industrialization. By 2024, the worldwide industrial agitators market is touted to touch the USD 3.46 billion mark. This spells good news for the industry, if the news report by Grand View Research, Inc is anything to go by. The industrial agitators market will likely experience high growth due to the rapid industrialization in countries, and burgeoning economies, like China, India and Brazil. With industrial activities on the rise, these nation-states’ demand for efficient and corrosion-resistant agitators will reach an all-time high.

Why Agitators?
Industrial agitators are commonly used in the chemical, food & beverage, as well as the waste water treatment industries. The increasing adoption of blending and mixing technology in process industries may enhance the market during the period leading to 2024.
Industrial agetators
Industrial agetators

Agitators help process the products in industries used for mixing liquids, increasing heat transfer as well as promoting reaction of chemical substances. One of the other factors that could drive growth is the burgeoning demand for advanced, customised and corrosion resistant agitators that have a specific to the end-user application. The waste water treatment and chemical industries have a high demand for agitation, thereby boosting the demand for industrial agitators.

The Important Findings

 The top entry segment is expected to grow to a CAGR of over 6.5% till 2024. Industrial agitators are durable and provide homogenous and mixing needs in connection with requirements. The chemical and oil & gas industries’ use of these agitators has helped boost the industry growth

 The North American industry will likely remain the largest market due to the widespread adoption of agitators in a number of industrial sectors. It should be noted that the regional market is highly saturated and may account for over 30% by 2024.