Global differential scanning calorimetry demand is anticipated to be valued at US$ 47 Million in 2022, forecast to grow at a CAGR of 6.71% to be valued at US$ 90 Million from 2022 to 2032. The growth of differential scanning calorimetry can be attributed to its increasing application in end user industries and the accuracy it offers.
Report Attribute | Details |
Estimated Base Year Value (2021) | US$ 44.5 Million |
Expected Market Value (2022) | US$ 47 Million |
Anticipated Forecast Value (2032) | US$ 90 Million |
Projected Growth Rate (2022-2032) | 6.71% CAGR |
Differential scanning calorimetry (DSC) measures temperatures and heat flows related with thermal changes in a material that include polymers, rubbers, plastics, coatings, composites, chemicals, organic materials, laminates, and food, etc. The differential scanning calorimetry is most widely used in chemical and polymer industry for investigation, comparison and end-use performance evaluation of materials in quality control and research applications.
The technology used in differential scanning calorimetry allows direct measurement of heat capacity and makes the modulated differential scanning calorimetry experiments faster and more accurate. Differential scanning calorimetry measures the heat flow rate and matches the changes between the heat flow rate of the material sample and the known reference materials.
As a sample undergoes a transition such as melting and crystallization, the heat is absorbed or released. This change in heat flow is then measured by the system and can be analyzed. The difference defines the changes in the material composition and oxidation.
The application of differential scanning calorimetry in the chemical, pharmaceuticals, and polymer industry is expected to grow in the coming years. Also, the rising demand for advanced differential scanning calorimetry among end user industries is expected to drive the growth of the differential scanning calorimetry market across the globe.
Ease of operation and robustness of differential scanning calorimetry are the key factors that are boosting the growth of the differential scanning calorimetry market. Also, the growing demand for differential scanning calorimetry in industrial laboratories of various end use industries is driving the growth of differential scanning calorimetry market.
The key manufacturers in the differential scanning calorimetry market are focused on continuous product innovation strategy and advanced thermal analyzers in differential scanning calorimetry that are widely used by end use industries.
The differential scanning calorimetry manufacturers are also focusing on expertise in the differential scanning calorimetry techniques and technology used that enable them to increase their foothold in the differential scanning calorimetry market.
The rise in the usage of differential scanning calorimetry for oxidative stability and chemical analysis is the latest trends that are fuelling the growth of differential scanning calorimetry market.
The material properties measured by differential scanning calorimetry techniques include glass transitions, melting, product stability, crystallization, and oxidative stability. The differential scanning calorimetry is an innovative and primarily a more accurate way of measuring the heat flow in different materials.
This requires skilled workforce to handle the overall operational capabilities of differential scanning calorimetry. The lack of a skilled workforce and lack of operator efficiency is proving to be a restraining factor that can hamper the growth of the differential scanning calorimetry market.
Considering demand for differential scanning calorimetry, the North America region is expected to hold significant market share due to the increasing investment by research institutes and industrial laboratories for thermal analysis.
This has led to end user industries like chemical, pharmaceuticals and metal to use differential scanning calorimetry to accurately measure heat flows and temperatures. Thus, North America is expected to dominate differential scanning calorimetry market by registering a CAGR of 7% in the assessment period.
The differential scanning calorimetry market in Asia Pacific region is expected to grow at highest CAGR due to less cost for establishing research centers and increasing demand from academic and industrial laboratories for thermal analysis in chemicals, polymers, and metals, etc.
Along with this, advancements in differential scanning calorimetry technology is playing a key role in the development of the same.
Examples of some of the key players in the global differential scanning calorimetry market include TA Instruments, Intertek Group plc, Mettler-Toledo, Malvern, PerkinElmer, Inc., Shanghai Innuo, Rigaku, Netzsch, Hitachi and Stress Engineering Services, Inc. among others.
Report Attribute | Details |
Growth Rate | CAGR of 6.71% from 2022 to 2032 |
Market Value (2022) | US$ 47 Million |
Market Value (2032) | US$ 90 Million |
Base Year for Estimation | 2021 |
Historical Data | 2015-2021 |
Forecast Period | 2022-2032 |
Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Customization | Available Upon Request |
FMI projects the global differential scanning calorimetry market to expand at a 6.71% value CAGR by 2032
North America is expected to be the most opportunistic differential scanning calorimetry market, expanding at a 7% CAGR
AkzoNobel N.V, Asahi Glass Co. Ltd., Dow Chemical Company and Solvay S.A are some prominent differential scanning calorimetry manufacturers
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