Thermal Analysis Market Insights on Scope and Growing Demands 2022
According to research report the global thermal analysis market is expected to reach USD 640.7 Million by 2022 from USD 511.5 Million in 2017, at a CAGR of 4.6%.
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The
major factors driving the growth of the thermal analysis market include
the increasing production of crude and shale oil, growing research
activities in major end-user segments, patent expiry of blockbuster
drugs and biomolecules, and food and product safety regulations.
Chemical & material manufacturers are expected to hold the the largest end users share of the market in 2017
By
end user, the thermal analysis market is segmented into pharmaceutical
& biotechnology companies, chemical & material manufacturers,
food & beverage industry, petrochemical industry, research &
academia, and other end users. In 2017, the chemical & material
manufacturers segment is expected to hold the lagrest share of the
thermal analysis market. Growth in key end-use industries of chemicals,
polymers, and materials (such as automotive, construction, electronics,
healthcare, textiles, and FMCG) is the major factor driving the growth
of this end-user segment.
The differential scanning calorimetry
(DSC) analyzers segment is estimated to account for the largest share of
the thermal analysis market in 2017
On the basis of product, the
market is categorized into differential scanning calorimetry analyzers,
thermogravimetric analyzers, simultaneous thermal analyzers,
differential thermal analyzers, thermomechanical analyzers, dynamic
mechanical analyzers, and other thermal analyzers. The large share of
the differential scanning calorimetry analyzers segment is attributed to
the rising adoption of DSC analyzers in the food industry,
technological advancements, the ease of use and speed offered by these
products, and significant applications of these analyzers in fields such
as microfluidics, drug discovery, pharmaceuticals, molecular biology,
and nanoscience.
The major players operating in the thermal
analysis market include Waters (US), NETZSCH (Germany), LINSEIS
(Germany), Mettler-Toledo (US), PerkinElmer (US), SETARAM (France), and
Shimadzu (Japan).
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North America is expected to dominate the thermal analysis market during the forecast period
Geographically,
the thermal analysis market is segmented into North America, Europe,
Asia Pacific, and the rest of the world. North America is expected to
hold the largest share of the market during the forecast period due to
factors such as increasing industrial R&D expenditure; the
availability of private-public funding for research; and stringent
regulatory norms for drug development.
Available Customizations
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available for the report:
Product Analysis
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Company Information
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