Global laboratory plasticware and glassware market grows 5.17%

The global laboratory plasticware and glassware market has been growing. One of the key factors contributing to this market growth is the increase in research and development (R&D) activities. According to the report by Research and Markets, global laboratory plasticware and glassware market is poised to grow at a CAGR of 5.17 percent over the period 2012-2016. The report also indicates a trend of increasing preference of plastic over glass. However, the increasing pricing pressures could pose a challenge to the growth of this market. The report studied the performance of key vendors dominating this market, such as Bellco Glass, Inc., Borosil Glass Works Ltd., Thermo Fisher Scientific Inc., Kimble Chase Life Science and Research Products LLC. The other vendors mentioned in the report are AGC Techno Glass Co., Ltd., Eppendorf AG, Gerresheimer AG, Mettler-Toledo International, Inc., Rainin Instrument, LLC, SciLabware Limited.  www.researchandmarkets.com