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Heat Deformation Tester Market

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

Heat Deformation Tester Market by Station Type, End Use & Region - Forecast 2022 - 2032

Heat Deformation Tester Market Outlook

The heat deformation tester market is expected to project growth at a robust CAGR of around 3% to 4% during the forecast period 2022-2032. Growing emphasis on the development of more accurate and reliable deformation detection solutions with innovative features such as inbuilt auto-tuning function, advanced digital microprocessor, and others is estimated to favor the sales of heat deformation testers in the global market.

Report Attribute

Details

Heat Deformation Tester Market Projected Growth Rate (2022-2032)

3% to 4% CAGR

Heat deformation testers are assessment tools used for determining the ability of the polymer to bear load at increased temperatures. They are particularly used for measuring the physical characteristics of plastic at elevated temperatures. These testers are also referred as the deflection testers and are used to measure the bending limit or strength of the various plastics and polymers as per the end use industry requirements.

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Which are Some Key Opportunities Elevating the Growth in the Heat Deformation Tester Market?

On account of the favorable properties such as lightweight, high strength-to-weight ratio, shock resistance, durability, and electrically insulating among others, products made of plastics are extensively being used across industries such as agriculture, consumer electronics, and others.

Plastics, being a heat-sensitive material, it is important to test and determine the change in their characteristics such as strength, flexibility, rigidity, and others due to changes in the surrounding temperature. As heat deformation testers assist in assessing aforementioned characteristics of plastics, they are gaining huge popularity across diverse industries to ensure the quality of plastic products. This is projected to augment the demand for heat deformation testers in the global market.

In addition to this, key manufacturers are focusing on introducing affordable heat deformation testers to increase their product penetration across small-scale industry players. Attributed to this, the sales of heat deformation testers are estimated to bolster in the market.

What are the Key Factors Creating Hindrance for the Heat Deformation Tester Market Growth?

A number of governmental and environmental protection organizations are implementing stringent regulations regarding the use of plastics. For instance, the Environment Protection Agency announced launching national emission standards for existing and new sources of polyvinyl chloride and copolymer (PVC) production facilities.

As pipes made of PVC plastic are used across agricultures sectors, such regulations are expected to impede the demand for heat deformation testers in the global market.

Nikhil Kaitwade
Principal Consultant
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Why is North America Capturing the Maximum Revenue Share in the Global Heat Deformation Tester Market?

North America is projected to emerge as a highly lucrative market for heat deformation testers during the forecast period 2022-2032, states FMI.

There is a significant rise in production and sales of automotive vehicles across North America, driven by the growing customer spending on comfort traveling and increasing introduction of novel automobiles with innovative features. For instance, according to the Bureau of Transportation Statistics,, in 2020, around 1.9 Mn passenger cars were manufactured and 2.56 Mn cars were reported to be sold in the U.S.

As heat deformation testers are extensively used for selecting appropriate plastic-based materials for high-quality products used in automobiles, rising sales production and sales of automotive vehicles are expected to augment the demand in the North America market.

Why are the Sales of Heat Deformation Testers Accelerating in the Asia Pacific Excluding Japan Market?

Future Market Insights states that Asia Pacific excluding Japan is anticipated to account for a significant share in the global heat deformation testers market between 2022 and 2032.

Due to increasing penetration of plastic products across aviation, automotive, agriculture, and others industries, the demand for equipment measuring the physical characteristics of plastic such as heat deformation testers is rising at a swift pace. Hence, leading companies are aiming at launching novel products for capitalizing on this opportunity.

For instance, Presto group, a leading manufacturer of testing equipment based in India, recently account introducing its new heat deformation tester with innovative features such as auto-tuning function, digital microprocessor, and uniform temperature facility. Such new product launches are estimated to drive the sales in the Asia Pacific excluding Japan market.

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Market Competition

Some of the leading players in the heat deformation tester are Qualitest International Inc., Presto Group, HexaPlast India, Shanta Engineering, International Equipments, S.A Associates, and others.

Key manufacturers in the global market are focusing on adopting strategies such as new product launches, collaboration, merger, and acquisition to expand their product portfolio and strengthen their footprint in the market.

Report Scope

Report Attribute

Details

Growth Rate

CAGR of 3% to 4% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

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

  • Station Type
  • End Use
  • Region

Regions Covered

  • North America
  • Latin America
  • Europe
  • CIS & Russia
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • Qualitest International Inc.
  • Presto Group
  • HexaPlast India
  • Shanta Engineering
  • International Equipments
  • S.A Associates
  • Others

Customization

Available Upon Request

Key Segments Profiled in the Heat Deformation Tester Industry Survey

By Station Type:

  • Single Station
  • Twin Station
  • Multiple Station

By End Use:

  • Agriculture Industry
  • Automobile industry
  • Plastic Industry
  • Consumer Electronics Industry
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • CIS & Russia
  • APEJ
  • Japan
  • Middle East and Africa

Frequently Asked Questions

FMI projects the demand for heat deformation tester market to expand at around 3% to 4% value CAGR over the forecast period 2022-2032

The heat deformation tester market is dominated by North America, and this trend is projected to continue for the assessment period.

Qualitest International Inc,, Presto Group, HexaPlast India, Shanta Engineering, International Equipments, S.A Associates, and others are some prominent heat deformation tester manufacturer.

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Nikhil Kaitwade
Principal Consultant
LinkedIn
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