Graduated Cylinders Market
Number of pages: 100 | Report Format: PDF | Published date: May 01, 2023
Historical Years – 2021 | Base Year – 2022 | Forecasted Years – 2023-2031
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Report Attribute |
Details |
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Market Size Value in 2022 |
US$ 330.49 million |
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Revenue Forecast in 2031 |
US$ 699.47 million |
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CAGR |
8.35% |
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Base Year for Estimation |
2022 |
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Forecast Period |
2023 to 2031 |
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Historical Year |
2021 |
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Segments Covered |
Material Type, Application, And Region |
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Regional Scope |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
According to the deep-dive market assessment study by Growth Plus Reports, the global graduated cylinders market was valued at US$ 330.49 million in 2022 and is expected to register a revenue CAGR of 8.35% to reach US$ 699.47 million by 2031.
Graduated Cylinders Market Fundamentals
Graduated cylinders are cylindrical Glass or plastic tubes used in laboratory settings to measure the volume of liquids. They typically have a narrow cylindrical shape, with a spout on one end for pouring and a series of markings along the side indicating the volume of liquid contained within. Graduated cylinders come in a range of sizes and are often used in conjunction with other laboratory equipment, such as pipettes and burettes, to accurately measure and dispense liquids. They are commonly used in fields such as chemistry, biology, and physics, where precise measurements of liquids are critical for experimentation and research.
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Graduated Cylinders Market Dynamics
Graduated cylinders are widely used in laboratories for research and development activities in various fields, such as chemistry, biology, and pharmaceuticals. As the uptake of research and development activities continues to grow, the demand for graduated cylinders shall increase proportionally. With the increasing adoption of automation in laboratories, the demand for high-precision, automated equipment is rising. Additionally, these cylinders and other laboratory equipment, are being designed with features such as digital displays, automated calibration, and remote monitoring, which are increasing their demand. It also plays a critical role in ensuring accurate measurements, essential for quality control and safety in laboratories. With the growing focus on quality control and safety, the demand for graduated cylinders is expected to increase. As these markets continue to grow, the demand for graduated cylinders is expected to increase. Graduated cylinders are constantly evolving with technological advancements, such as using new materials and designs to improve accuracy, durability, and ease of use. These advancements are driving the demand for graduated cylinders in the market.
However, these graduated cylinders face competition from alternative laboratory equipment such as pipettes, burettes, and volumetric flasks that can also accurately measure liquids. This competition could limit the demand for graduated cylinders. Graduated cylinders are typically made of glass or plastic materials that can break or crack if not handled properly. This poses a risk of injury to laboratory personnel and can contaminate the liquid being measured. As a result, there is a need for proper handling, maintenance, and disposal of graduated cylinders, which could add to the cost of their use.
Furthermore, these cylinders can be expensive, especially those made of high-quality materials or with advanced features. This could limit their adoption in smaller or less well-funded laboratories. Graduated cylinders have limitations in precision when measuring large volumes of liquids, as the larger the volume being measured, the greater the potential for error. This could impact their usefulness in certain applications, such as in the production of large quantities of liquid formulations. The manufacturing, use, and disposal of graduated cylinders can have an impact on the environment due to the materials used and the potential for contamination. This could lead to increased regulation and scrutiny of their use, which could impact their demand in certain regions or industries.
Graduated Cylinders Market Ecosystem
The global graduated cylinders market has been analyzed from the following perspectives: material type, application, and region.
Graduated Cylinders Market by Material Type
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Based on the material types, the global graduated cylinders market is segmented into Glass and plastic.
The glass segment dominates the global graduated cylinders market because Glass is a preferred material for laboratory equipment due to its high transparency, chemical resistance, and thermal stability. Glass graduated cylinders are highly accurate and have a very low coefficient of thermal expansion, which means they do not expand or contract significantly with changes in temperature. Additionally, Glass graduated cylinders can withstand exposure to many chemicals and are less prone to scratching, which can impact accuracy. They are also easy to clean and sterilize, making them a preferred choice for many laboratory applications. Moreover, Glass graduated cylinders have been used in laboratories for many years and have a long-standing reputation for accuracy and durability. Furthermore, many laboratories have established protocols and procedures for the use of Glass graduated cylinders, which could make it more challenging for new materials to gain widespread adoption.
Similarly, plastic graduated cylinders are estimated to hold a notable revenue share in the global market. Plastic graduated cylinders are generally less expensive than their glass counterparts, making them a more cost-effective option for laboratories with budget constraints or for applications where accuracy and precision requirements are not as high. Plastic graduated cylinders are lighter in weight and more durable than Glass graduated cylinders. This makes them more convenient to handle and less prone to breakage, making them a safer and more practical option for some laboratory applications. Plastic graduated cylinders are resistant to many chemicals, making them ideal for use with a wide range of liquids and chemicals, especially those that may corrode or damage glass graduated cylinders. Plastic graduated cylinders are easy to use and clean, making them a practical option for laboratory technicians who need to measure liquids quickly and accurately. Some plastic graduated cylinders are made from recycled materials, making them a more eco-friendly option compared to glass graduated cylinders.
Graduated Cylinders Market by Application
Based on the applications, the global graduated cylinders market is segmented into hospitals, laboratories, research and development centers, and others.
The laboratories segment dominates the global graduated cylinders market with the largest revenue share. Graduated cylinders are essential in laboratories, particularly in pharmaceuticals, biotech, chemical, and healthcare industries. These industries require accurate and precise measurements of liquids, and graduated cylinders are one of the most commonly used tools for this purpose. Graduated cylinders are used in a wide range of laboratory applications, including chemical analysis, medical research, drug discovery, and quality control. This has led to an increasing demand for graduated cylinders in laboratories. The number of laboratories is increasing globally, particularly in emerging economies. This has led to an increased demand for laboratory equipment, including graduated cylinders. Graduated cylinders are undergoing technological advancements with the development of new materials, designs, and features. This has resulted in the availability of specialized and advanced graduated cylinders that cater to the needs of different laboratory applications. The laboratory equipment market is subject to stringent regulations and standards, particularly in industries such as pharmaceuticals and healthcare. Graduated cylinders are no exception; compliance with these regulations and standards is necessary to ensure accurate and reliable measurements. This has led to the development of high-quality and reliable graduated cylinders that comply with industry standards and regulations.
The hospitals segment also takes a significant portion of the global graduated cylinder market share, since graduated cylinders are widely used in hospitals and healthcare facilities for various applications, including the preparation and administration of medications, diagnostic testing, and research activities. In hospitals, graduated cylinders are used for measuring liquids with precision, which is essential for ensuring accurate dosages of medications and other fluids administered to patients. They are also used in diagnostic testing, such as urinalysis, to measure bodily fluids' volume accurately. Furthermore, hospitals have high standards for safety and accuracy regarding medical equipment. Graduated cylinders made of glass or other high-quality materials are preferred in healthcare settings because they offer high accuracy and durability, essential for reliable and consistent results. Additionally, hospitals have well-established procurement processes and protocols for the use of laboratory equipment, including graduated cylinders. This makes it more challenging for new materials or equipment to gain widespread adoption in the market.
Graduated Cylinders Market by Region
Based on the region, the global graduated cylinders market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The pharmaceutical and biotech industries are the primary users of graduated cylinders, and North America has a strong presence in these industries. These industries require highly accurate and precise measurements of liquids, and graduated cylinders are an essential tool in their laboratories. North America is known for its advanced laboratory technologies, including developing innovative and high-quality graduated cylinders. This has resulted in the availability of a wide range of advanced and specialized graduated cylinders that cater to the needs of different applications and industries. North America has a highly regulated environment for laboratory equipment, including graduated cylinders. Graduated cylinders play a crucial role in medical research, and this has contributed to the growth of the market in the region. North America has a strong presence of key players in the graduated cylinder market, including leading manufacturers and suppliers. This has resulted in the availability of a wide range of graduated cylinders, including customized and specialized products.
On the other hand, Asia Pacific is the fastest-growing region in the global market and is expected to show significant growth in the forecasted period from 2023 to 2031. The pharmaceutical and biotech industries in the region are experiencing rapid growth due to increasing healthcare expenditure, a growing aging population, and rising demand for innovative healthcare solutions. This has increased demand for laboratory equipment, including graduated cylinders, which are essential tools in these industries. Asia Pacific is becoming a hub for research and development activities in various industries, including pharmaceuticals and biotech. This has led to increasing demand for high-quality and specialized laboratory equipment, including graduated cylinders. The healthcare sector in Asia Pacific is expanding rapidly due to the increasing demand for healthcare services and products, which has resulted in the establishment of new hospitals, clinics, and laboratories. This has led to an increased demand for laboratory equipment, including graduated cylinders. Many countries in the region are focusing on the development of their healthcare sectors, with governments investing in initiatives to improve healthcare infrastructure, increase healthcare spending, and promote innovation in the pharmaceutical and biotech industries. This has led to an increased demand for laboratory equipment, including graduated cylinders. The economic conditions in Asia Pacific are favorable for the growth of the graduated cylinder market, with increasing disposable income, rising standards of living, and growing urbanization. These factors have led to an increased demand for healthcare services and products, including laboratory equipment.
Competitive Landscape
The prominent players operating in the global graduated cylinders market are:
The estimated market size of the global graduated cylinders market in 2031 is US$ 699.47 million.
The revenue CAGR for the graduated cylinders market is 8.35% during the forecast period.
Growth in research and development activities, increasing adoption of automation in laboratories, and technological advancements are some of the major key players in the graduated cylinders market.
The Asia Pacific region is projected to grow at high revenue CAGR in the global graduated cylinders market.
The glass segment dominates the global graduated cylinders market.
*Insights on financial performance are subject to the availability of information in the public domain