Borosilicate glass tube has a good development prospect, the following are some specific analysis:
1,Market demand growth: The implementation of consistency evaluation and related approval policies has raised the industry entry threshold and accelerated the penetration rate of medium borosilicate glass in the pharmaceutical field. In the international market, the borosilicon pharmaceutical glass packaging is the mainstream injection packaging, and China's current borosilicon penetration rate is low, only about 15%, far lower than the level of overseas mature markets, there is greater room for growth in the future. The industry predicts that in the next 5-10 years, the penetration rate of borosilicate glass in the domestic market is expected to reach 30%-40%, the market size will climb to 18.5 billion yuan, and the compound annual growth rate of 2024-2030 is expected to be as high as 22.4%.
2,The product has obvious advantages: the online thermal expansion coefficient and chemical stability of the borosilicate glass tube are higher than that of other medicinal glass, and it is a safer material for storing pharmaceutical agents. Its raw materials are mainly borax and boric acid.
3,Policy support: A series of policies issued by the state have brought good news to the borosilicate glass industry. For example, the injection consistency evaluation requires that the quality and performance of the packaging materials and containers used in the injection should not be lower than that of the reference preparation, which helps to promote the substitution process of borosilicate glass in China. At the same time, the promotion of centralized procurement will further accelerate the substitution of borosilicate glass for traditional glass.
4,Technological progress: Although most domestic borosilicate glass bottle making enterprises still rely on the purchase of glass tubes from abroad, and the domestic pipe yield is low, but with the gradual release of domestic upstream enterprises production capacity and the continuous improvement of technical level, the yield of domestic glass tubes is expected to increase, which will benefit the procurement cost of bottle making enterprises, and further promote the application of borosilicate glass in pharmaceutical packaging and other fields.
However, the development of the borosilicate glass tube industry may also face some challenges, such as pressure on macroeconomic growth, less than expected production progress, policy changes, slower technological updates, intensifying industry competition, rising costs such as raw fuel, and geopolitical risk factors.
In general, driven by policy support and market demand, the borosilicate glass tube industry is expected to usher in a period of rapid development opportunities. In the future, with the improvement of market penetration and the improvement of the industrial chain, it will play an increasingly important role in ensuring drug quality and improving packaging performance.
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