Market Overview:
The global sleeve rubber stopper market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for sleeve rubber stoppers from hospitals, laboratories, research centers, and other end-user industries. In terms of type, the butyl rubber segment is expected to lead the global sleeve rubber stopper market during the forecast period. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030.
Product Definition:
A sleeve rubber stopper is a type of closure that is inserted into the neck of a bottle to prevent the contents from spilling out. It is also used to seal laboratory test tubes.
Butyl Rubber:
Butyl rubber is a synthetic elastomer, which was developed in the early 20th century as an alternative to natural rubber. It has similar properties such as resistance to chemicals and heat, high tensile strength and flexibility at low temperatures. The major difference between the two is that butyl rubber does not contain free hydrogen (polymerized) groups making it less prone to attack by ozone.
Natural Rubber:
Natural rubber (NR) is a polymer, produced from the latex of the rubber tree. It is available in two forms: as a dark brown or black solid and as a transparent liquid. The most commonly used type of natural rubber is in sheets form for various applications such as gasketing, sealing, and flooring among others.
Application Insights:
The global sleeve rubber stopper market is segmented on the basis of application into hospital, laboratory, research center and others. The hospital application segment accounted for the largest share in 2017 owing to increasing usage of medical devices and equipment which require a steady supply of water. In addition, growing prevalence of chronic diseases such as heart conditions and high blood pressure may increase the demand for medical devices & equipment thus providing scope for growth over the forecast period.
The other applications include food packaging, metalworking & foundry industries among others where sleeve rubber stoppers are used to maintain a constant flow rate or prevent backflow from occurring during processing or manufacturing activities at various stages including filling/capping/sealing process followed by distribution & sales channel handling as well as storage & transportation among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of pharmaceutical and biotechnology companies has resulted in an increased demand for laboratory equipment, which is likely to drive the regional market. In addition, factors such as low manufacturing cost, easy availability of raw materials (natural rubber), favorable government regulations pertaining to SROs are anticipated to further boost product demand.
The Asia Pacific region comprises emerging economies such as China and India that are technologically advanced when compared with other developing countries across the globe. This scenario is likely to change soon with several upcoming initiatives by various governments across these nations aimed at attracting investments from developed economies within Asia-Pacific region thus creating new avenues for industry players over next few years.
Growth Factors:
- Increasing demand from end-use industries: The global sleeve rubber stopper market is witnessing a significant growth due to the increasing demand from end-use industries such as pharmaceuticals, cosmetics, and food & beverages. This is mainly because of the properties of sleeve rubber stoppers such as non-toxicity, chemical resistance, and low permeability that make them suitable for use in these industries.
- Rising popularity of screw caps: Screw caps are gradually gaining popularity over traditional cork closures owing to their benefits such as tamper evidence, reusability, and recyclability. This is expected to boost the demand for sleeve rubber stoppers in the coming years.
- Growing trend of sustainable packaging: There is a growing trend among consumers towards sustainable packaging solutions that can be recycled or reused easily. Sleeve rubber stoppers fulfill this requirement perfectly and are likely to witness high demand in the near future as a result thereof..
Scope Of The Report
Report Attributes
Report Details
Report Title
Sleeve Rubber Stopper Market Research Report
By Type
Butyl Rubber, Natural Rubber, Other
By Application
Hospital, Laboratory, Research Center, Others
By Companies
West Pharmaceutical Services, VWR International, Widgetco, Sonata Rubber, APG Pharma, Samsung Medical Rubber, Adelphi Group, West Pharmaceutical Services
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Sleeve Rubber Stopper Market Report Segments:
The global Sleeve Rubber Stopper market is segmented on the basis of:
Types
Butyl Rubber, Natural Rubber, Other
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
Hospital, Laboratory, Research Center, 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:
- West Pharmaceutical Services
- VWR International
- Widgetco
- Sonata Rubber
- APG Pharma
- Samsung Medical Rubber
- Adelphi Group
- West Pharmaceutical Services
Highlights of The Sleeve Rubber Stopper 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:
- Butyl Rubber
- Natural Rubber
- Other
- By Application:
- Hospital
- Laboratory
- Research Center
- 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 Sleeve Rubber Stopper 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.
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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?
A sleeve rubber stopper is a type of valve that is inserted into the tubing to prevent air from escaping during the manufacturing process. It also helps to maintain pressure in the system and prevents liquid or gas from leaking out.
Some of the key players operating in the sleeve rubber stopper market are West Pharmaceutical Services, VWR International, Widgetco, Sonata Rubber, APG Pharma, Samsung Medical Rubber, Adelphi Group, West Pharmaceutical Services.
The sleeve rubber stopper market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sleeve Rubber Stopper 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 Sleeve Rubber Stopper Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Sleeve Rubber Stopper 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 Sleeve Rubber Stopper 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 Sleeve Rubber Stopper Market Size & Forecast, 2018-2028 4.5.1 Sleeve Rubber Stopper Market Size and Y-o-Y Growth 4.5.2 Sleeve Rubber Stopper Market Absolute $ Opportunity
Chapter 5 Global Sleeve Rubber Stopper 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 Sleeve Rubber Stopper Market Size Forecast by Type
5.2.1 Butyl Rubber
5.2.2 Natural Rubber
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sleeve Rubber Stopper 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 Sleeve Rubber Stopper Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Laboratory
6.2.3 Research Center
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sleeve Rubber Stopper 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 Sleeve Rubber Stopper 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 Sleeve Rubber Stopper Analysis and Forecast
9.1 Introduction
9.2 North America Sleeve Rubber Stopper 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 Sleeve Rubber Stopper Market Size Forecast by Type
9.6.1 Butyl Rubber
9.6.2 Natural Rubber
9.6.3 Other
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 Sleeve Rubber Stopper Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Laboratory
9.10.3 Research Center
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 Sleeve Rubber Stopper Analysis and Forecast
10.1 Introduction
10.2 Europe Sleeve Rubber Stopper 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 Sleeve Rubber Stopper Market Size Forecast by Type
10.6.1 Butyl Rubber
10.6.2 Natural Rubber
10.6.3 Other
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 Sleeve Rubber Stopper Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Laboratory
10.10.3 Research Center
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 Sleeve Rubber Stopper Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sleeve Rubber Stopper 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 Sleeve Rubber Stopper Market Size Forecast by Type
11.6.1 Butyl Rubber
11.6.2 Natural Rubber
11.6.3 Other
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 Sleeve Rubber Stopper Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Laboratory
11.10.3 Research Center
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 Sleeve Rubber Stopper Analysis and Forecast
12.1 Introduction
12.2 Latin America Sleeve Rubber Stopper 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 Sleeve Rubber Stopper Market Size Forecast by Type
12.6.1 Butyl Rubber
12.6.2 Natural Rubber
12.6.3 Other
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 Sleeve Rubber Stopper Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Laboratory
12.10.3 Research Center
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) Sleeve Rubber Stopper Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sleeve Rubber Stopper 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) Sleeve Rubber Stopper Market Size Forecast by Type
13.6.1 Butyl Rubber
13.6.2 Natural Rubber
13.6.3 Other
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) Sleeve Rubber Stopper Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Laboratory
13.10.3 Research Center
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 Sleeve Rubber Stopper Market: Competitive Dashboard
14.2 Global Sleeve Rubber Stopper Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 West Pharmaceutical Services
14.3.2 VWR International
14.3.3 Widgetco
14.3.4 Sonata Rubber
14.3.5 APG Pharma
14.3.6 Samsung Medical Rubber
14.3.7 Adelphi Group
14.3.8 West Pharmaceutical Services