Phenolic caps
are high performance, durable caps with an extremely high heat
tolerance, i.e. phenolic caps start to decompose at temperatures of
above 220 degree Celsius. Phenolic caps are very tough when used in
their desirable temperature range. Phenolic stands for Phenol
Formaldehyde Resin. Phenolic caps are mostly used for harmful acids,
bases, and other reactive compounds. The key factor which is expected to
contribute to increase in preference for phenolic caps is their
chemically inert nature when paired with polycone liners.
Therefore, when exposed to harmful and
corrosive chemicals like acids and bases, phenolic caps perform much
better than their counterparts. Phenolic caps are reliable and safe,
which results in high preference for phenolic caps in labs, across the
world. By chemical composition and design, phenolic caps are known to
provide a desirable range of chemical compatibility, and has the highest
temperature tolerance among all other plastic closures available in the
market. The outlook for growth of the global phenolic caps market is
expected to be positive during the forecast period.
Global Phenolic Caps Market: Dynamics
The global phenolic caps market is
expected to grow on the backdrop of growing demand for safe packaging
and sealing solutions at laboratories. Since phenolic caps have the
desired properties, they are widely preferred in laboratories in
educational institutions and other research facilities. Furthermore,
manufacturers of phenolic caps also provide an additional option to
provide a PE cone layer, which provides chemical barrier. The degree of
threat to the phenolic caps market from substitutes is rather low, as
these some of the best chemically inert closures that the market has to
offer.
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Phenolic caps are extensively used in
the pharmaceutical sector, which includes medical and biotechnological
laboratories, among others. Phenolic caps have an edge over alternatives
in the sense that they are capable of maintaining their form and
features on exposure to corrosive material. Therefore, it is unlikely
that the phenolic caps market will face severe competition from an
alternative solutions (not considering any unpredictable future product
innovation which has the potential to disrupt the phenolic caps market).
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