Pune, India – The sterile rubber stopper market size reached a valuation of US$ 2.1 Bn in 2022 and expected to reach US$ 3.1 Bn in 2032, at a 7% CAGR according to Future Market Insights.
This Sterile Rubber Stopper market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Sterile Rubber Stopper market.
The growth of sterile rubber stopper market might slow down because of nitrile and silicon stoppers. However, rubber stoppers are more advantageous than alternate approaches because of its elastomeric properties, it gives perfect sealing as per different glass finish, flexible and good temperature resistance. Also, ease of injection piercing gives added advantage over other alternatives.
Sterile Rubber Stopper Market: Key Players are Adelphi Group, APG Pharma, SciLabware Ltd., West Pharmaceutical Services, Inc., VWR International, LLC., DWK Life Sciences Inc. (Wheaton Industries)
The sterile rubber stopper has excellent barrier properties against gases, moisture and UV rays. It provides leakage proof packaging to the medicines which increases its ease of handling during transportations. The demand for sterile rubber stopper is increasing at global level because of its reusability and its quality resistance after frequent puncture of injection stoppers which further gives maximum stability to the stored fluid. The manufacturers are facing tough competition because of cost efficient production, many new manufacturers are entering into the market.