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Flash Point Tester Market

Market Insights on Flash Point Tester covering sales outlook, demand forecast & up-to-date key trends

Flash Point Tester Market by Test, Method of Testing, Material Type, End Use Industry & Region - Forecast 2022-2032

Flash Point Tester Market Snapshot (2022-2032)

Global Flash Point Tester demand is anticipated to be valued at US$ 101.7 Million in 2022, forecast to grow at a CAGR of 2.08% to be valued at US$ 125 Million from 2022 to 2032. The growth of flash point testers can be attributed to advancement in technologies in end user industries.

Report Attribute

Details

Estimated Base Year Value (2021)

US$ 99.67 Million

Expected Market Value (2022)

US$ 101.7 Million

Anticipated Forecast Value (2032)

US$ 125 Million

Projected Growth Rate (2022-2032)

2.08% CAGR

The lowest temperature at which the vapors of volatile material ignites when provided with ignition source is known as a flash point. Flash point is one of the important characteristics of chemicals and petrochemical products. Flash point is often used for distinguishing flammable chemicals and fuels which have close boiling points.

On the basis of flash point, the fuel or chemical is categorized as flammable or inflammable. Flash point tester is a type of equipment which is used for the determination of a flash point of a sample of a chemical, fuel or petrochemical product.

Generally, there are two main types of flash point testers: open cup flash point testers and close cup flash point testers.  Flash point tester is used for testing the lowest limit of flammability of the chemical or fuel. Open cup flash point tester is used for simulation in natural and open environment and closed cup flash point testers are used for laboratory testing purposes.

Flash point testers have found their applications in a variety of industries such as food, chemical, pharmaceutical, petrochemical, fuel and others. Flash point tester is a piece of essential equipment for testing and maintaining the quality of the product.

Flash point tester is also used for environmental analysis during the waste removal process. The flash point tester operates according to various methods.  Abel Flash Point test, Cleveland Flash Point test, Pensky-Martens Flash point test and Tag Flash Point test are important methods on the basis of which flash point tester operates.

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Which Factors are driving the Growth of Flash Point Testers?

Growing chemical and petrochemical industry will be the main factors responsible for driving the growth of flash point tester market. Increasing focus towards research & development and advancement of technologies has forced the chemical and petrochemical companies to strengthen their quality control & quality assurance department, owing to which there is rising demand for testing equipment which is an optimistic sign for the flash point tester market.

Increasing focus towards styling and grooming among the young population is increasing the consumption of cosmetics. The growth of cosmetic industry is fuelling the growth of flash point tester market. Growing pharmaceutical industry due to rising health awareness is positively impacting the growth of the flash point tester market.

Up-surge in the consumption of fuel and lubricants is driving the demand for flash point testers. Continuous innovation and modification is a positive sign for the flash point tester market. Development of the substitutes for the petrochemical products and shifting trend towards the use of renewable fuel may hinder the market growth for flash point tester.

What are the Challenges Faced by Flash Point Testers Industry?

Governmental authorities of various regions are focusing on reducing carbon emissions on a large scale. Thus, manufacturers are redeveloping their existing units to suit to the sustainable style of production. This has led to a slow growth and adoption of flash point testers across the globe.

Nikhil Kaitwade
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Presence of End User Industries Escalating Demand for Flash Point Testers in Asia Pacific?

In the regions such as Asia Pacific there is high presence of the chemical, pharmaceutical, cosmetic and petrochemical industry, owing to which Asia Pacific is estimated to be promising market for flash point testers. Countries like India and China are contributing towards the growth of flash point testers in the region. Thus, Asia Pacific is expected to register a CAGR of 8% in the forecast period.

Market Competition

Some of the market participants operating in the global flash point tester market are Anton Paar GmbH, Intertek Group plc, Labequip Ltd., Parker Hannifin Manufacturing Ltd, Paul N. Gardner Company, Inc., Ducom Instruments, Cole-Parmer Instrument Company, LLC, Rigana Manufacturing and Hoskin Scientific among others.

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Report Scope

Report Attribute

Details

Growth Rate

CAGR of 2.08% from 2022 to 2032

Market Value in 2022

US$ 101.7 Million

Market Value in 2032

US$ 125 Million

Base Year for Estimation

2021

Historical Data

2015-2021

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Million and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Type
  • Method of Testing
  • Material Type
  • End Use Industry
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Mexico
  • Brazil
  • Chile
  • Peru
  • Argentina
  • Germany
  • Italy
  • France
  • U.K
  • Spain
  • BENELUX
  • Nordics
  • Russia
  • Poland
  • China
  • India
  • ASEAN
  • South Korea
  • GCC
  • South Africa
  • Turkey
  • Iran
  • Israel

Key Companies Profiled

  • Anton Paar GmbH
  • Intertek Group plc
  • Labequip Ltd.
  • Parker Hannifin Manufacturing Ltd
  • Paul N. Gardner Company, Inc.
  • Ducom Instruments
  • Cole-Parmer Instrument Company, LLC.
  • Rigana Manufacturing
  •  Hoskin Scientific

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Available Upon Request

Key Segments Profiled in the Flash Point Tester Industry Survey

Flash Point Tester Market by Type:

  • Open Cup Flash Point Tester
  • Closed Cup Flash Point Tester

Flash Point Tester Market by Method of Testing:

  • Abel Flash Point Test
  • Cleveland Flash Point Test
  • Pensky-Martens Flash Point Test
  • Tag Flash Point Test
  • Rapid Equilibrium Methods
  • Rapid Equilibrium Flashpoint

Flash Point Tester Market by Material Type:

  • Chemical Flash Point Tester
  • Petroleum Flash Point Tester
  • Fuel Flash Point Tester

Flash Point Tester Market by End-Use Industry:

  • Flash Point Tester for Chemical Industry
  • Flash Point Tester for Pharmaceutical Industry
  • Flash Point Tester for Petrochemical Industry
  • Flash Point Tester for Cosmetic Industry

Flash Point Tester Market by Region:

  • North America Flash Point Tester Market
  • Latin America Flash Point Tester Market
  • Western Europe Flash Point Tester Market
  • Eastern Europe Flash Point Tester Market
  • APEJ Flash Point Tester Market
  • Japan Flash Point Tester Market
  • Middle East and Africa Flash Point Tester Market

Frequently Asked Questions

FMI projects the global flash point tester market to expand at a 2.08% value CAGR by 2032

Asia Pacific is expected to be the most opportunistic flash point tester market, expanding at 8% CAGR

Anton Paar GmbH, Intertek Group plc, Labequip Ltd., Parker Hannifin Manufacturing Ltd, Paul N. Gardner Company, Inc., Ducom Instruments, Cole-Parmer Instrument Company, LLC, Rigana Manufacturing and Hoskin Scientific are some prominent flash point tester manufacturers

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Nikhil Kaitwade
Principal Consultant
LinkedIn
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