Global U-Tube Viscometer Market demand is anticipated to be valued at US$ 2.5 Billion in 2022, forecast to grow at a CAGR of 4.55% to be valued at US$ 3.9 Billion from 2022 to 2032. The growth of the U-Tube Viscometer Market is attributed to its global utilization across the Testing Equipment industry.
| Report Attribute | Details |
| Estimated Base Year Value (2021) | US$ 2.1 Billion |
| Expected Market Value (2022) | US$ 2.5 Billion |
| Anticipated Forecast Value (2032) | US$ 3.9 Billion |
| Projected Growth Rate (2022-2032) | 4.55% CAGR |
The U-Tube Viscometer, also known as BS Tube Meter, is an instrument that measures kinematic viscosity of transparent Newtonian liquids according to ASTM D445 and ISO 3104. U-Tube viscometer is also referred to as capillary viscometer or Ostwald viscometer. Minimum sample volume of the U-Tube viscometer is 7 mL (size A-C); 12 mL (size D-F); 23 mL (size G-H), Minimum bath depth is 280 mm (11 in). Viscometers are provided with a certificate of calibration and instruction sheet. Holders are available in sizes G & H only (H100).
Asia Pacific is considered to be a dominant region for the U-Tube Viscometer Market, owing to the strong investments in China, and India towards innovation and developments.
The major factor that is expected to propel the growth of the U-Tube Viscometer Market during the forecast period includes the rise in technological advancements in the healthcare industry.
The factor that is expected to hinder the growth of the U-Tube Viscometer Market during the forecast period includes a rise in instrumental automation in laboratories, and presence of the alternative of the traditional viscometer.
The major factors that are expected to drive the growth of U-Tube Viscometer Market during the forecast period include the rise in technological advancements in the healthcare industry, increase in research activities in the field of science & biotechnology, new experiments and drug development in the drugs or pharmaceutical industry and prevalence and incidence of diseases.
In addition, increase in public and private healthcare investments, as well as growth in the adoption of automation technology in the hematology are some other factors that are expected to fuel the market growth.
Furthermore, growing demand of the laboratory instruments owing to rise in the new research activities for technology advancements and experiments on new developments in the field of science are some other factors that are anticipated to augment the growth of the U-Tube Viscometer Market during the forecast period.
The U-Tube viscometer generally requires high maintenance, and a rise in instrumental automation in laboratories, and presence of the alternative of the traditional viscometer such as digital viscometer. These factors are expected to hinder the growth of the U-Tube Viscometer Market during the forecast period.
Asia Pacific leads the U-Tube Viscometer Market, attributed to the strong investments in China, and India towards innovation and developments along with technological enhancements in the pharmaceutical industries and chemical & petrochemical industries.
According to Future Market Insights, North America is anticipated to witness growth at a lucrative rate over the forecast period, owing to the large base of diagnostic laboratories in the region.
Moreover, rapid expansion and increasing number of diagnostics laboratories in the North America is anticipated to propel the growth of the U-Tube Viscometer market during the forecast period.
Some of the key participants present in the global U-Tube Viscometer Market include Xylem Inc., LAUDA-Brinkmann, LP, CANNON INSTRUMENT COMPANY, PSL-Rheotek Inc., Anton Paar GmbH, Fisher Scientific UK Ltd., Thomas Scientific, JP SELECT S.A., Merck KGaA, Darmstadt, Hindustan Apparatus Mfg. Company, Koehler Instrument Company, Inc., PCE Instruments, and Malvern Panalytical Ltd., among others.
Attributed to the presence of such high number of participants, the market is highly competitive. While global players such as Xylem Inc., and LAUDA-Brinkmann account for a considerable market size, several regional level players are also operating across key growth regions, particularly in the Asia Pacific.
| Report Attribute | Details |
| Growth Rate | CAGR of 4.55% 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 |
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| Customization | Available Upon Request |
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FMI projects the global U-Tube Viscometer Market to expand at a 4.55% value CAGR by 2032
Asia Pacific is expected to be the most opportunistic U-Tube Viscometer Market, expanding at a 3% CAGR
Xylem Inc., LAUDA-Brinkmann, LP, CANNON INSTRUMENT COMPANY, PSL-Rheotek Inc., Anton Paar GmbH, Fisher Scientific UK Ltd., Thomas Scientific, JP SELECT S.A., Merck KGaA, Darmstadt, and Hindustan Apparatus Mfg. Company, among others are some prominent U-Tube Viscometer Market players
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