Global dynamic vapor sorption analyzer demand is anticipated to be valued at US$ 15 Billion in 2022, forecast to grow at a CAGR of 18.07% to be valued at US$ 79 Billion from 2022 to 2032. The launch of various products from different end user industries is expected to propel the sales of dynamic vapor sorption analyzers.
Report Attribute | Details |
Estimated Base Year Value (2021) | US$ 12.71 Billion |
Expected Market Value (2022) | US$ 15 Billion |
Anticipated Forecast Value (2032) | US$ 79 Billion |
Projected Growth Rate (2022-2032) | 18.07% CAGR |
Dynamic vapor sorption analyzer is an analytical instrument used in the testing of conditions of humidity, temperature and analyzes the effect of water content on the structure and properties of the products. The dynamic vapor sorption method can be used in sample testing during the quality analysis procedures of the manufactured products.
Dynamic vapor sorption analyzer is used in the research and development divisions of most companies and production plants. Dynamic vapor sorption analyzer is used to detect the humidity and water content of air-sealed products and packaging.
Dynamic vapor sorption analyzer is used in end use industries such as the pharmaceutical industry, food industry, electronics industry, materials and polymer industry and personal care industry. The rise in the food industry is likely to expand the market for dynamic vapor sorption analyzer.
With developments and innovations in quality control and product safety measures, dynamic vapor sorption analyzer is becoming a significant segment in the market as it offers better product quality test applications.
The growing pharmaceutical, electronics, materials and personal care industry will increase the sales of dynamic vapor sorption analyzer. The demand for safe and lab tested products is directly proportional to the need for dynamic vapor sorption analyzer in the end use industries. This, in turn, is bolstering the demand for the same.
Rising use of dynamic vapor sorption analyzer for testing in the pharmaceutical industry, food industry, personal care industry and electronics industry is the key driver for the growth of the global dynamic vapor sorption analyzer market. Moreover, the growing demand for materials and personal care products is expected to increase the demand for dynamic vapor sorption analyzer market during the forecast period.
Additionally, the booming healthcare industry across the globe to shade positive impact on the global dynamic vapor sorption analyzer market. The rising expenditure on the personal care is likely to expand the personal care and beauty products industry. This is expected to push the demand for dynamic vapor sorption analyzer during the forecast period.
The harmful effects of certain products has brought entire industries under the scanner. Thus, governmental authorities of different regions are taking steps to ensure safety of consumers. This has led to products undergoing severe tests to quality as suitable for different age groups.
Thus significant change concerning government policies towards testing of the products is expected to challenge the growth of the global dynamic vapor sorption analyzer market during the forecast period.
Dynamic vapor sorption analyzer market is expected to register healthy growth during the forecast period, as the pharmaceutical industry, food and beverages industry and materials and personal care industry are growing across Asia Pacific.
China and India’s developing market is expected to positively impact on the growth of the dynamic vapor sorption analyzer market. Asia Pacific excluding Japan represents a considerably high market share, and the market will grow at significantly high growth rate due to the industrial developments and reforms to create opportunities for the dynamic vapor sorption analyzer. Thus, Asia Pacific is expected to register a CAGR of 9% in the forecast period.
North America is a growing markets due to high per capita income and the demand by consumers for the quality products. Dynamic vapor sorption analyzer market is steadily increasing with the increasing demand for oil, food and beverages, cosmetics and beauty care, and pharmaceuticals in North America.
Moreover, continuous launches of different products across U.S. and Canada are playing a key role in increasing the sales of dynamic vapor sorption analyzer. Thus, North America is expected to register a positive CAGR in the forecast period.
Some of the major players in dynamic vapor sorption analyzer market are Mettler Toledo, 3P INSTRUMENTS GmbH & Co. KG, Quantachrome Instruments, TA Instruments, Micromeritics Instrument Corp., Meritics Ltd and among others.
Owing to the increasing demand for everyday products, the presence of international and local players is high. Mettler Toledo, 3P INSTRUMENTS GmbH & Co. KG, Quantachrome Instruments contribute to the major share of dynamic vapor sorption analyzer.
Report Attribute | Details |
Growth Rate | CAGR of 9% from 2022 to 2032 |
Market Value (2022) | US$ 15 Billion |
Market Value (2032) | US$ 79 Billion |
Base Year for Estimation | 2021 |
Historical Data | 2015-2021 |
Forecast Period | 2022-2032 |
Quantitative Units | Revenue in USD Billion and CAGR from 2022-2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
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Customization | Available Upon Request |
FMI projects the global dynamic vapor sorption analyzer market to expand at a 18.07% value CAGR by 2032
Asia Pacific is expected to be the most opportunistic dynamic vapor sorption analyzer market, expanding at a 9% CAGR
Mettler Toledo, 3P INSTRUMENTS GmbH & Co. KG, Quantachrome Instruments, TA Instruments, Micromeritics Instrument Corp., Meritics Ltd are some prominent dynamic vapor sorption analyzer manufacturers
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