Particle Size Analysis Market Worth $290 Million by 2018
The global particle size analysis market is segmented by the technology on which analyzers are based such as laser diffraction, dynamic light scattering and four others.
Dallas, TX -- (SBWire) -- 04/07/2014 --The report “Particle Size Analysis Market by Technology (Laser Diffraction, Dynamic Light Scattering, Imaging, Coulter Principle, Nanoparticle Tracking Analysis), Industry (Healthcare, Chemical, Petroleum, Mining, Mineral, Food) & End User - Global Forecasts to 2018” analyzes and studies the major market drivers, restraints, opportunities and challenges in North America, Europe, Asia-Pacific, and the Rest of the world (RoW).
Browse more than 70 market data tables with 34 figures spread through 197 pages and in-depth TOC on "Particle Size Analysis Market"
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This report studies the global particle size analyzers market over the forecast period of 2013 to 2018. The market is expected to reach ~$290 million by 2018, at CAGR of 4.9% from 2013 to 2018.
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Furthermore, based on the type of dispersion, the global particle size analysis market is segmented into wet particle size analyzers, dry particle size analyzers, and spray particle size analyzers. On the basis of industry, the particle size analyzers market is classified into healthcare; chemicals and petroleum; mining, minerals, and cement; food and beverage; and others. The others segment consists of toner, ink, paints, coatings, environmental analysis, and cosmetics industries. Based on the type of end users in the healthcare industry, the global particle size analyzers market is classified into pharmaceutical and biotechnology companies, clinical research organizations and referral laboratories, and academic institutions.
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A number of factors such as the increasing application of nanotechnology, geographic expansion of market players across the globe, and the presence of stringent regulatory guidelines to comply with good manufacturing practices for traditional industries (such as healthcare, chemicals, mining, and petroleum) are driving the growth of the global particle size analyzers market. On the other hand, factors such as high import duties on particle size analyzers in developing countries, high cost of analyzers, and lack of customer awareness are restricting the growth of the particle size analyzers market. Market consolidation through mergers and acquisitions and the focus on raising industry standards in developing countries are the factors that offer high growth opportunities for market players.
As of 2013, North America held the largest share of ~32.8% of the global particle size analyzers market, followed by Europe (32.3%). However, the Asia-Pacific market is expected to grow at highest CAGR of ~6.0% from 2013 to 2018. A number of factors such as the gradual migration of pharmaceutical R&D and manufacturing activities from developed countries to Asian countries, and increasing industry standards in developing economies are stimulating the growth of the particle size analyzers market in the Asia-Pacific region.
The major players in the particle size analyzers market include Malvern Instruments Limited (U.K.), HORIBA, Ltd. (Japan), Beckman Coulter, Inc. (U.S.), Microtrac, Inc. (U.S.), Micromeritics Instrument Corporation (U.S.), IZON Limited (New Zealand), CILAS (France), Sympatec GmbH (Germany), and Agilent Technologies, Inc. (U.S.).
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