According to Future Market Insights (FMI), the global viscometer market was valued at USD 285 Million in 2020 and is projected reach a valuation of USD 587.3 Million by the end of 2031. Increasing application of viscometer across diverse industries such as pharmaceutical, petroleum, and cosmetics will fuel the demand in the market.
FMI has predicted the market to rise at a healthy CAGR of 6.9%, surpassing a shipment of 51,000 units during the forecast period (2021 to 2031). Regionally, North America is expected to remain dominant, expanding at 6.4% CAGR over the course of the assessment period.
Controlling the process parameters of materials, prior to production and post-production, has become necessary in various industries. Soaring concern regarding the maintenance of precise process parameters of desired materials has compelled industries to adopt novel measuring equipment such as modern viscometer.
As per the analysis by Future Market Insights, the global viscometer market is projected to register growth at a CAGR of 6.9% during 2021 and 2031.
Rapid expansion of industrial output over the last few years has encouraged adoption of advanced solutions to measure viscosity of various materials. To maintain their position in the industry, end-users are keen to improve their batch consistency.
Increasing application of viscometer in the pharmaceutical and food sectors have create attractive opportunities for the growth of the market in the last few years. Viscometers are gaining popularity due to their adaptability, ease-of-use, and convenience that it offers for various end-to-end applications.
On the back of these factors, the global viscometer is expected to surpass USD 300.4 Mn, registering year-over-year growth at 6.4% in 2021.
Easy availability of alternative and low quality products is one of the major factors creating a challenge for viscometer market players. Improving access to cost-effective viscometer substitutes, particularly in local markets, are likely to impede the sales during the forecast period.
As these products are readily available at low costs, they are strongly adopted by smaller end-users, who do not need standardized accuracy for application measurement. New entrants or small companies, especially in emerging economies, develop similar products but do not meet the product design standards. Due to this, sales of well-known brands are adversely affected.
According to FMI, the U.S. will account for more than 70% of the North America market through 2031. Companies in the U.S. market will gain from the USMCA, a new deal between the U.S., Mexico, and Canada that replaces North American Free Trade Agreement (NAFTA).
Presence of key players such as Thermo Fischer Inc., Ametek Inc., and TA Instruments is expected to fuel the expansion of the viscometer market during the forecast period. Additionally, expansion of various domains, such as construction, petrochemicals, and industrial oil and lubricants, are likely to boost demand growth during the projection period.
The viscometer market in Germany is expected to rise at nearly 10% CAGR over the forecast period. Germany is the world's fourth largest economy and one of the world's top machinery producers, thanks to its industrial growth and technological advancements.
Germany also has the highest level of productivity and access to other European markets due to its central location. With the expansion of numerous end-use industries across the country, application of viscometer is expected to increase, fueling sales.
Furthermore, increased research activities, presence of numerous key companies, and the country's growing industrial sectors are few factors spurring the growth of the market.
China's status as a worldwide industrial powerhouse is one of the factors fueling the expansion of industrial sectors in this country, resulting in lucrative potential for viscometer market growth.
China also is one of the world's largest producers and consumers of industrial equipment, and it is estimated to account for over 50% of viscometer sales in East Asia. As it is one of the largest global providers of high-tech solutions, rapid industrialization will result in higher application of viscometers.
In 2021, India will account for nearly 40% of sales in South Asia & Pacific. With the expansion of manufacturing sector and increasing production of electronic equipment in India, demand for viscometer is expected to surge.
Government initiatives such as Make in India and Invest in India are expected to boost manufacturing in India, creating scope for expansion of viscometers market.
Equipment based rotational viscometer will account for nearly 30% of the global market by 2031. The usage of this type is feasible in workshop area, production area, delivery area and it helps to optimize the flexibility and the control time.
With added features such as memorization, programming and data tracing, these viscometers are becoming even more user-friendly in challenging environments.
Online sales channel is estimated to account for the dominant share of nearly 60% through 2031. With rising penetration of e-commerce platforms, manufacturers are focusing on the improvement of their digital presence and work more closely with customers. In countries such as China and India, a major portion of sales revenue is earned through online sales.
In the industrial segment, the polymer & rubber segment is expected to contribute a significant revenue share and create an absolute dollar opportunity of USD 19 Mn in the global viscometer market.
Increasing application in industrial equipment, including manufacturing and research, demand for viscometer is high. As the determination of solution viscosity is a prime concern for polymers as it is highly used to estimate polymers’ molar mass and other physical properties, adoption of viscometer is expected to improve.
As per Future Market Insights, Thermo fisher Scientific, Ametek Inc., TA Instruments, Anton Paar Gmbh, A&D Co., Ltd. are identified as top players in viscometer market. Leading companies are expanding their product portfolios through research and development to develop customer-specific products to expand their customer base.
Key companies are also aiming for strategic collaborations with other manufacturers in order to improve their manufacturing process capabilities and meet the increasing demand for viscometer.
| Attribute | Details |
|---|---|
| Forecast Period | 2021 to 2031 |
| Historical Data Available for | 2016 to 2020 |
| Market Analysis | USD Million for Value and Units for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia & Pacific and the Middle East & Africa |
| Key Countries Covered | USA, Canada, Brazil, Mexico, Argentina, Colombia, Chile, Peru, Germany, UK, France, Italy, Spain, Russia, NORDICS, BENELUX, Hungary, Poland, Czech Republic, Switzerland, CIS States, China, Taiwan, Japan, South Korea, India, Bangladesh, ASEAN, ANZ, GCC Countries, Turkey, Israel, Iran, Nigeria, Kenya, Ghana, Northern Africa, and South Africa |
| Key Segments Covered | Equipment type, Sales Channel, End User and Region |
| Key Companies Profiled | Thermo Fisher Scientific; AMETEK.Inc.; TA Instruments; Anton Paar GmbH; A&D Company; Goettfert GmbH; Fann Instrument; Freeman Technology; Brabender GmbH; Cannon Instrument Company; Lamy Rheology Instruments; Shanghai Nirun Intelligent Technology Co., Ltd. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
By Equipment Type:
By Sales Channel:
By End User:
By Region:
Table 01: Global Viscometer Market Value (US$ Mn) and Volume (units) Forecast by Equipment Type, 2016–2031
Table 02: Global Viscometer Market Value (US$ Mn) and Volume (units) Forecast by Sales Channel Type, 2016–2031
Table 03: Global Viscometer Market Value (US$ Mn) and Volume (units) Forecast by End User, 2016–2031
Table 04: Global Viscometer Market Volume (Units) Forecast by End User, 2016–2031
Table 05: Global Viscometer Market Value (US$ Mn) Forecast by End User, 2016–2031
Table 06: Global Viscometer Market Value (US$ Mn) and Volume (Units) Forecast by Region, 2016–2031
Table 07: North America Viscometer Market Value (US$ Mn) and Volume (units) Forecast by Equipment Type, 2016–2031
Table 08: North America Viscometer Market Value (US$ Mn) and Volume (units) Forecast by Sales Channel Type, 2016–2031
Table 09: North America Viscometer Market Value (US$ Mn) and Volume (units) Forecast by End User, 2016–2031
Table 10: North America Viscometer Market Volume (Units) Forecast by End User, 2016–2031
Table 11: North America Viscometer Market Value (US$ Mn) Forecast by End User, 2016–2031
Table 12: North America Viscometer Market Value (US$ Mn) and Volume (units) Forecast by Country, 2016–2031
Table 13: Latin America Viscometer Market Value (US$ Mn) and Volume (units) Forecast by Equipment Type, 2016–2031
Table 14: Latin America Viscometer Market Value (US$ Mn) and Volume (units) Forecast by Sales Channel Type, 2016–2031
Table 15: Latin America Viscometer Market Value (US$ Mn) and Volume (units) Forecast by End User, 2016–2031
Table 16: Latin America Viscometer Market Volume (Units) Forecast by End User, 2016–2031
Table 17: Latin America Viscometer Market Value (US$ Mn) Forecast by End User, 2016–2031
Table 18: Latin America Viscometer Market Value (US$ Mn) and Volume (units) Forecast by Country, 2016–2031
Table 19: Europe Viscometer Market Value (US$ Mn) and Volume (units) Forecast by Equipment Type, 2016–2031
Table 20: Europe Viscometer Market Value (US$ Mn) and Volume (units) Forecast by Sales Channel Type, 2016–2031
Table 21: Europe Viscometer Market Value (US$ Mn) and Volume (units) Forecast by End User, 2016–2031
Table 22: Europe Viscometer Market Volume (Units) Forecast by End User, 2016–2031
Table 23: Europe Viscometer Market Value (US$ Mn) Forecast by End User, 2016–2031
Table 24: Europe Viscometer Market Volume (units) Forecast by Country, 2016–2031
Table 25: Europe Viscometer Market Value (US$ Mn) Forecast by Country, 2016–2031
Table 26: East Asia Viscometer Market Value (US$ Mn) and Volume (units) Forecast by Equipment Type, 2016–2031
Table 27: East Asia Viscometer Market Value (US$ Mn) and Volume (units) Forecast by Sales Channel Type, 2016–2031
Table 28: East Asia Viscometer Market Value (US$ Mn) and Volume (units) Forecast by End User, 2016–2031
Table 29: East Asia Viscometer Market Volume (Units) Forecast by End User, 2016–2031
Table 30: East Asia Viscometer Market Value (US$ Mn) Forecast by End User, 2016–2031
Table 31: East Asia Viscometer Market Value (US$ Mn) and Volume (units) Forecast by Country, 2016–2031
Table 32: South Asia & Pacific Viscometer Market Value (US$ Mn) and Volume (units) Forecast by Equipment Type, 2016–2031
Table 33: South Asia & Pacific Viscometer Market Value (US$ Mn) and Volume (units) Forecast by Sales Channel Type, 2016–2031
Table 34: South Asia & Pacific Viscometer Market Value (US$ Mn) and Volume (units) Forecast by End User, 2016–2031
Table 35: South Asia & Pacific Viscometer Market Volume (Units) Forecast by End User, 2016–2031
Table 36: South Asia & Pacific Viscometer Market Value (US$ Mn) Forecast by End User, 2016–2031
Table 37: South Asia & Pacific Viscometer Market Value (US$ Mn) and Volume (units) Forecast by Country, 2016–2031
Table 38: Middle East & Africa Viscometer Market Value (US$ Mn) and Volume (units) Forecast by Equipment Type, 2016–2031
Table 39: Middle East & Africa Viscometer Market Value (US$ Mn) and Volume (units) Forecast by Sales Channel Type, 2016–2031
Table 40: Middle East & Africa Viscometer Market Value (US$ Mn) and Volume (units) Forecast by End User, 2016–2031
Table 41: Middle East & Africa Viscometer Market Volume (Units) Forecast by End User, 2016–2031
Table 42: Middle East & Africa Viscometer Market Value (US$ Mn) Forecast by End User, 2016–2031
Table 43: Middle East & Africa Viscometer Market Volume (units) Forecast by Country, 2016–2031
Table 44: Middle East & Africa Viscometer Market Volume (units) Forecast by Country, 2016–203
Figure 01: Viscometer Market Volume (Units) and Y-o-Y Growth Rate From 2021-2031
Figure 02: Viscometer Market Value (US$ Mn) and Y-o-Y Growth Rate From 2021-2031
Figure 03: Viscometer Market Absolute $ opportunity Analysis, 2021-2031
Figure 04: Global Viscometer Share and BPS Analysis by Equipment Type– 2021 & 2031
Figure 05: Global Viscometer Y-o-Y Growth Projections by Equipment Type, 2021-2031
Figure 06: Global Viscometer Attractiveness by Equipment Type, 2021-2031
Figure 07: Viscometer Share and BPS Analysis by Sales Channel Type– 2021 & 2031
Figure 08: Viscometer Y-o-Y Growth Projections by Sales Channel Type, 2021-2031
Figure 09: Viscometer Attractiveness by Sales Channel Type, 2021-2031
Figure 10: Viscometer Share and BPS Analysis by End User– 2021 & 2031
Figure 11: Viscometer Y-o-Y Growth Projections by End User, 2021-2031
Figure 12: Viscometer Attractiveness by End User, 2021-2031
Figure 13: Global Viscometer Share and BPS Analysis by End User– 2021 & 2031
Figure 14: Global Viscometer Y-o-Y Growth Projections by End User, 2021-2031
Figure 15: Global Viscometer Attractiveness by End User, 2021-2031
Figure 16: Viscometer Share and BPS Analysis by Region– 2021 & 2031
Figure 17: Viscometer Y-o-Y Growth Projections by Region, 2021-2031
Figure 18: Viscometer Attractiveness by Region, 2021-2031
Figure 19: North America Viscometer Share and BPS Analysis by Equipment Type– 2021 & 2031
Figure 20: North America Viscometer Y-o-Y Growth Projections by Equipment Type, 2021-2031
Figure 21: North America Viscometer Attractiveness by Equipment Type, 2021-2031
Figure 22: Viscometer Share and BPS Analysis by Sales Channel Type– 2021 & 2031
Figure 23: Viscometer Y-o-Y Growth Projections by Sales Channel Type, 2021-2031
Figure 24: Viscometer Attractiveness by Sales Channel Type, 2021-2031
Figure 25: Viscometer Share and BPS Analysis by End User– 2021 & 2031
Figure 26: Viscometer Y-o-Y Growth Projections by End User, 2021-2031
Figure 27: Viscometer Attractiveness by End User, 2021-2031
Figure 28: North America Viscometer Share and BPS Analysis by End User– 2021 & 2031
Figure 29: North America Viscometer Y-o-Y Growth Projections by End User, 2021-2031
Figure 30: North America Viscometer Attractiveness by End User, 2021-2031
Figure 31: North America Viscometer Share and BPS Analysis by Country– 2021 & 2031
Figure 32: North America Viscometer Y-o-Y Growth Projections by Country, 2021-2031
Figure 33: North America Viscometer Attractiveness by Country, 2021-2031
Figure 34: Latin America Viscometer Share and BPS Analysis by Equipment Type– 2021 & 2031
Figure 35: Latin America Viscometer Y-o-Y Growth Projections by Equipment Type, 2021-2031
Figure 36: Latin America Viscometer Attractiveness by Equipment Type, 2021-2031
Figure 37: Viscometer Share and BPS Analysis by Sales Channel Type– 2021 & 2031
Figure 38: Viscometer Y-o-Y Growth Projections by Sales Channel Type, 2021-2031
Figure 39: Viscometer Attractiveness by Sales Channel Type, 2021-2031
Figure 40: Viscometer Share and BPS Analysis by End User– 2021 & 2031
Figure 41: Viscometer Y-o-Y Growth Projections by End User, 2021-2031
Figure 42: Viscometer Attractiveness by End User, 2021-2031
Figure 43: Latin America Viscometer Share and BPS Analysis by End User– 2021 & 2031
Figure 44: Latin America Viscometer Y-o-Y Growth Projections by End User, 2021-2031
Figure 45: Latin America Viscometer Attractiveness by End User, 2021-2031
Figure 46: Latin America Viscometer Share and BPS Analysis by Country– 2021 & 2031
Figure 47: Latin America Viscometer Y-o-Y Growth Projections by Country, 2021-2031
Figure 48: Latin America Viscometer Attractiveness by Country, 2021-2031
Figure 49: Europe Viscometer Share and BPS Analysis by Equipment Type– 2021 & 2031
Figure 50: Europe Viscometer Y-o-Y Growth Projections by Equipment Type, 2021-2031
Figure 51: Europe Viscometer Attractiveness by Equipment Type, 2021-2031
Figure 52: Viscometer Share and BPS Analysis by Sales Channel Type– 2021 & 2031
Figure 53: Viscometer Y-o-Y Growth Projections by Sales Channel Type, 2021-2031
Figure 54: Viscometer Attractiveness by Sales Channel Type, 2021-2031
Figure 55: Viscometer Share and BPS Analysis by End User– 2021 & 2031
Figure 56: Viscometer Y-o-Y Growth Projections by End User, 2021-2031
Figure 57: Viscometer Attractiveness by End User, 2021-2031
Figure 58: Europe Viscometer Share and BPS Analysis by End User– 2021 & 2031
Figure 59: Europe Viscometer Y-o-Y Growth Projections by End User, 2021-2031
Figure 60: Europe Viscometer Attractiveness by End User, 2021-2031
Figure 61: Europe Viscometer Share and BPS Analysis by Country– 2021 & 2031
Figure 62: Europe Viscometer Y-o-Y Growth Projections by Country, 2021-2031
Figure 63: Europe Viscometer Attractiveness by Country, 2021-2031
Figure 64: East Asia Viscometer Share and BPS Analysis by Equipment Type– 2021 & 2031
Figure 65: East Asia Viscometer Y-o-Y Growth Projections by Equipment Type, 2021-2031
Figure 66: East Asia Viscometer Attractiveness by Equipment Type, 2021-2031
Figure 67: Viscometer Share and BPS Analysis by Sales Channel Type– 2021 & 2031
Figure 68: Viscometer Y-o-Y Growth Projections by Sales Channel Type, 2021-2031
Figure 69: Viscometer Attractiveness by Sales Channel Type, 2021-2031
Figure 70: Viscometer Share and BPS Analysis by End User– 2021 & 2031
Figure 71: Viscometer Y-o-Y Growth Projections by End User, 2021-2031
Figure 72: Viscometer Attractiveness by End User, 2021-2031
Figure 73: East Asia Viscometer Share and BPS Analysis by End User– 2021 & 2031
Figure 74: East Asia Viscometer Y-o-Y Growth Projections by End User, 2021-2031
Figure 75: East Asia Viscometer Attractiveness by End User, 2021-2031
Figure 76: East Asia Viscometer Share and BPS Analysis by Country– 2021 & 2031
Figure 77: East Asia Viscometer Y-o-Y Growth Projections by Country, 2021-2031
Figure 78: East Asia Viscometer Attractiveness by Country, 2021-2031
Figure 79: South Asia & Pacific Viscometer Share and BPS Analysis by Equipment Type– 2021 & 2031
Figure 80: South Asia & Pacific Viscometer Y-o-Y Growth Projections by Equipment Type, 2021-2031
Figure 81: South Asia & Pacific Viscometer Attractiveness by Equipment Type, 2021-2031
Figure 82: Viscometer Share and BPS Analysis by Sales Channel Type– 2021 & 2031
Figure 83: Viscometer Y-o-Y Growth Projections by Sales Channel Type, 2021-2031
Figure 84: Viscometer Attractiveness by Sales Channel Type, 2021-2031
Figure 85: Viscometer Share and BPS Analysis by End User– 2021 & 2031
Figure 86: Viscometer Y-o-Y Growth Projections by End User, 2021-2031
Figure 87: Viscometer Attractiveness by End User, 2021-2031
Figure 88: South Asia & Pacific Viscometer Share and BPS Analysis by End User– 2021 & 2031
Figure 89: South Asia & Pacific Viscometer Y-o-Y Growth Projections by End User, 2021-2031
Figure 90: South Asia & Pacific Viscometer Attractiveness by End User, 2021-2031
Figure 91: South Asia & Pacific Viscometer Share and BPS Analysis by Country– 2021 & 2031
Figure 92: South Asia & Pacific Viscometer Y-o-Y Growth Projections by Country, 2021-2031
Figure 93: South Asia & Pacific Viscometer Attractiveness by Country, 2021-2031
Figure 94: Middle East & Africa Viscometer Share and BPS Analysis by Equipment Type– 2021 & 2031
Figure 95: Middle East & Africa Viscometer Y-o-Y Growth Projections by Equipment Type, 2021-2031
Figure 96: Middle East & Africa Viscometer Attractiveness by Equipment Type, 2021-2031
Figure 97: Viscometer Share and BPS Analysis by Sales Channel Type– 2021 & 2031
Figure 98: Viscometer Y-o-Y Growth Projections by Sales Channel Type, 2021-2031
Figure 99: Viscometer Attractiveness by Sales Channel Type, 2021-2031
Figure 100: Viscometer Share and BPS Analysis by End User– 2021 & 2031
Figure 101: Viscometer Y-o-Y Growth Projections by End User, 2021-2031
Figure 102: Viscometer Attractiveness by End User, 2021-2031
Figure 103: Middle East & Africa Viscometer Share and BPS Analysis by End User– 2021 & 2031
Figure 104: Middle East & Africa Viscometer Y-o-Y Growth Projections by End User, 2021-2031
Figure 105: Middle East & Africa Viscometer Attractiveness by End User, 2021-2031
Figure 106: Middle East & Africa Viscometer Share and BPS Analysis by Country– 2021 & 2031
Figure 107: Middle East & Africa Viscometer Y-o-Y Growth Projections by Country, 2021-2031
Figure 108: Middle East & Africa Viscometer Attractiveness by Country, 2021-2031
The global viscometer market is projected to grow at 5.4% CAGR, topping USD 300.4 Mn in 2021.
The food & beverage industry is estimated to be the leading end-user in the global market creating an absolute dollar opportunity of USD 38.6 Mn by 2031.
Rotational viscometer will remain top-selling product in the market, estimated to account for over 30% of revenue share, throughout the forecast period.
Ametek Inc., Thermo Fisher Scientific, TA Instruments, Anton Paar GmbH, and A&D Company are identified as the top 5 players in viscometer market. As per FMI, over 52.6% of the market share is currently covered by the top 10 players.
Between 2016 and 2020, the viscometer market grew at 1.4% CAGR, estimates Future Market Insights.
Sales of viscometer across North America are expected to rise at 6.4% CAGR during the assessment period.
The Europe’s viscometer market will register healthy growth at 6.8% CAGR during the forecast period.
Viscometers Market
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