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%. The major factors driving growth of thermal analysis market include the growing research activities in major end-user segments, increasing production of crude and shale oil, food and product safety regulations, and patent expiry of blockbuster drugs and biomolecules.
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Geographically, thermal analysis market segmented into North America, Europe, Asia Pacific (APAC), & rest of the world. APAC market expected to register highest growth rate during forecast period.
Growth of chemical, material, & pharma-biotech sectors in India, China, & Japan (coupled with increased regulatory compliance for c GMP in India & China); international conferences in Japan, & developments in biomedical industrial setups in Singapore are some factors driving growth of APAC thermal analysis market.
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Global Thermal analysis Market, by Product
- Differential Scanning Calorimetry Analyzers
- Thermogravimetric Analyzers
- Differential Thermal Analyzers
- Simultaneous Thermal Analyzers
- Thermomechanical Analyzers
- Dynamic Mechanical Analyzers
Global Thermal analysis Market, by End User
- Chemical & Material Manufacturers
- Pharmaceutical & Biotechnology Companies
- Food & Beverage Industry
- Petrochemical Industry
- Research & Academia
Major factors driving growth of thermal analysis market include increasing production of crude and shale oil, growing research activities in major end-user segments, & patent expiry of blockbuster drugs and bio molecules. However, high instrument and maintenance costs are expected to restrain growth of this market to a certain extent during the forecast period.
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Thermal analysis market segmented single-functionality analyzers and simultaneous-functionality analyzers. Single-functionality analyzers segment expected to account largest share of thermal analysis market.
Large share of this segment attributed to increasing research activities amongst major end users, patent expiry of blockbuster drugs and bio molecules, stringent of food and product safety regulations, and the increasing number of R&D activities across emerging markets.
Target Audience of this Study Report
- Thermal analysis product manufacturing companies
- Product suppliers, distributors, and channel partners
- Pharmaceutical manufacturers
- Petrochemical companies
- Pollution control board
- Food and beverage companies
- Polymer and metal companies
- Research laboratories and CROs
- Research and academic institutes
- National and international regulatory authorities
- Government and non-government organizations
- Market research firms
Top players operating in thermal analysis market are Waters (US), NETZSCH (Germany), LINSEIS (Germany), Mettler-Toledo (US), PerkinElmer (US), SETARAM (France), and Shimadzu (Japan). The report covers the thermal analysis market across four key geographies, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW).
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This report studies the thermal analysis market based on product, functionality, end user, and region. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth.
It analyzes opportunities and challenges in the market and provides details of the competitive landscape for market leaders.
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