Market Overview:
The Global Inert Gas Protection Box Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for inert gas protection boxes in various end-use industries such as defense industry, pharmaceutical and biotechnology, electronic/lithium batteries, and others. Moreover, the growing awareness about safety among consumers is also propelling the market growth. However, volatility in raw material prices may restrain the market growth to some extent during the forecast period. Based on type, plastic inert gas protection boxes are expected to dominate the global market throughout the forecast period owing to their low cost and lightweight properties as compared with other types of inert gas protection boxes such as stainless steel and aluminum ones. By application, defense industry is projected to leadthe global inert gas protection box market duringthe forecastperiod dueto increasing demand for these products from militaries across different countries for safe storage of weapons and ammunition systems.
Product Definition:
An inert gas protection box is a device that uses an inert gas, such as argon or nitrogen, to protect electronic components from damage due to exposure to oxygen. The importance of an inert gas protection box is that it can help protect sensitive electronic components from oxidation and corrosion.
Plastic:
Plastic is a non-renewable resource that has been used and recycled for centuries. It is the most extensively used material on earth, with estimates ranging from 4 to 6 billion tons produced annually. The global plastic industry has grown at an exponential rate over the past years owing to its usage in various applications such as packaging, consumer goods & electronics manufacturing among others.
Stainless:
Stainless steel is a durable alloy of iron and nickel with chromium. It has high corrosion resistance, which makes it suitable for use in inert gas protection boxes. The material offers various beneficial properties such as flexibility, ductility, conductivity, and hardness.
Inert Gas Protection Box Market Size & Forecast by Material (USD Million), 2012 - 2022 -> The global inert gas protection box market size was estimated at USD 1.10 billion in 2016.
Application Insights:
The defense industry application segment led the global inert gas protection box market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for military aircraft, helicopters, ships, and tanks among other defense systems.
Inert gases are used in various applications including purification of air for use inside an aircraft or spacecraft; cooling/heating equipment; de-icing/anti-icing applications; welding equipment & processes; cryogenics process etc. Growing end-use industries such as pharmaceuticals and biotechnology are expected to propel product demand from 2018 to 2030 thereby driving the market growth across regions globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in various industries, such as aerospace and defense, automotive, and electronics. In addition, growing industrialization coupled with favorable government regulations for manufacturing facilities in countries such as China and India are anticipated to drive industry expansion over the next eight years.
The Asia Pacific region accounted for a revenue share of 23% of global inert gas protection box market in 2016 owing to rising demand from end-use industries across emerging economies including China and India. Furthermore, increasing military expenditure by governments across ASEAN nations is further driving product demand from applications such as defense equipment & systems along with ammunition boxes among others in this region which will propel growth during the forecast period.
Growth Factors:
- Increasing demand for inert gas protection boxes in various end-use industries such as automotive, aerospace, and defense due to the benefits offered by these boxes such as prevention of fire and explosion.
- Growing awareness about the benefits of using inert gas protection boxes among consumers is expected to boost the market growth during the forecast period.
- Rising investments by key players in research and development activities to develop innovative products is anticipated to propel the market growth over the next few years.
- The increasing use of inert gas protection boxes in small-scale businesses is projected to create new opportunities for market players in this segment during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Inert Gas Protection Box Market Research Report
By Type
Plastic, Stainless, Aluminum
By Application
Defense Industry, Pharmaceutical and Biotechnology, Eletronic/Lithium Batteries, Others
By Companies
Cole-Parmer Instrument Company, Coy Laboratory Products, Glove Box Technology, Vacuum Atmospheres Co, Inert Technology, Mbraun GmbH, Laminar Flow Inc, LC Technology Solutions Inc, Terra Universal, Sheldon Manufacturing, T-M Vacuum Products, Banthrax, Germfree, NuAire, Plas-Labs, Vacuum Technology Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Inert Gas Protection Box Market Report Segments:
The global Inert Gas Protection Box market is segmented on the basis of:
Types
Plastic, Stainless, Aluminum
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Defense Industry, Pharmaceutical and Biotechnology, Eletronic/Lithium Batteries, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cole-Parmer Instrument Company
- Coy Laboratory Products
- Glove Box Technology
- Vacuum Atmospheres Co
- Inert Technology
- Mbraun GmbH
- Laminar Flow Inc
- LC Technology Solutions Inc
- Terra Universal
- Sheldon Manufacturing
- T-M Vacuum Products
- Banthrax
- Germfree
- NuAire
- Plas-Labs
- Vacuum Technology Inc.
Highlights of The Inert Gas Protection Box Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plastic
- Stainless
- Aluminum
- By Application:
- Defense Industry
- Pharmaceutical and Biotechnology
- Eletronic/Lithium Batteries
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Inert Gas Protection Box Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An inert gas protection box is a safety device used to protect workers from exposure to harmful gases. The box typically contains an airtight seal and is filled with an inert gas, such as nitrogen, argon, or helium. When the box is opened, the gas escapes and prevents workers from breathing in the harmful chemicals.
Some of the major players in the inert gas protection box market are Cole-Parmer Instrument Company, Coy Laboratory Products, Glove Box Technology, Vacuum Atmospheres Co, Inert Technology, Mbraun GmbH, Laminar Flow Inc, LC Technology Solutions Inc, Terra Universal, Sheldon Manufacturing, T-M Vacuum Products, Banthrax, Germfree, NuAire, Plas-Labs, Vacuum Technology Inc..
The inert gas protection box market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Inert Gas Protection Box Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Inert Gas Protection Box Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Inert Gas Protection Box Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Inert Gas Protection Box Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Inert Gas Protection Box Market Size & Forecast, 2020-2028
4.5.1 Inert Gas Protection Box Market Size and Y-o-Y Growth
4.5.2 Inert Gas Protection Box Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Plastic
5.2.2 Stainless
5.2.3 Aluminum
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Defense Industry
6.2.2 Pharmaceutical and Biotechnology
6.2.3 Eletronic/Lithium Batteries
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Inert Gas Protection Box Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Inert Gas Protection Box Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Plastic
9.6.2 Stainless
9.6.3 Aluminum
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Defense Industry
9.10.2 Pharmaceutical and Biotechnology
9.10.3 Eletronic/Lithium Batteries
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Plastic
10.6.2 Stainless
10.6.3 Aluminum
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Defense Industry
10.10.2 Pharmaceutical and Biotechnology
10.10.3 Eletronic/Lithium Batteries
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Plastic
11.6.2 Stainless
11.6.3 Aluminum
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Defense Industry
11.10.2 Pharmaceutical and Biotechnology
11.10.3 Eletronic/Lithium Batteries
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Plastic
12.6.2 Stainless
12.6.3 Aluminum
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Defense Industry
12.10.2 Pharmaceutical and Biotechnology
12.10.3 Eletronic/Lithium Batteries
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Plastic
13.6.2 Stainless
13.6.3 Aluminum
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Defense Industry
13.10.2 Pharmaceutical and Biotechnology
13.10.3 Eletronic/Lithium Batteries
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Inert Gas Protection Box Market: Competitive Dashboard
14.2 Global Inert Gas Protection Box Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cole-Parmer Instrument Company
14.3.2 Coy Laboratory Products
14.3.3 Glove Box Technology
14.3.4 Vacuum Atmospheres Co
14.3.5 Inert Technology
14.3.6 Mbraun GmbH
14.3.7 Laminar Flow Inc
14.3.8 LC Technology Solutions Inc
14.3.9 Terra Universal
14.3.10 Sheldon Manufacturing
14.3.11 T-M Vacuum Products
14.3.12 Banthrax
14.3.13 Germfree
14.3.14 NuAire
14.3.15 Plas-Labs
14.3.16 Vacuum Technology Inc.
