The global industrial density and viscosity measurement products market was valued at US$ 996.1 Mn in 2018 and is anticipated to expand at a stable CAGR of 6.1% during the forecast period, according to a new research report published by Transparency Market Research (TMR) titled ‘Industrial Density and Viscosity Measurement Products Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019- 2027.’ Advantages offered by industrial density and viscosity measurement products vary from industry to industry.
Easy operations by using handheld and portable measurement devices, changing adverse and critical atmospheric conditions across industries, and rising need for automated devices in process industries are prominent factors driving the global industrial density and viscosity measurement products market. Among geographies, the market in Asia Pacific is likely to expand at the maximum CAGR of 6.9% during the forecast period.
Changing adverse and critical atmospheric conditions across industries
Changes in temperature cause adverse effects on physical and chemical properties of fluids. In the food & beverages industry, edibility of fluids is determined by using density and viscosity meters. Fluids need to be perfectly dense and viscous for them to be edible. When the temperature increases, the molecular momentum between molecules increases as their kinetic energy rises. The force of cohesion decreases with the increase in temperature as molecules move away from one another. This ultimately affects viscosity of the fluid. In the petroleum industry, under different atmospheric conditions, viscosity and density of oil are important parameters to be monitored. If the oil offers insufficient lubrication, it may lead to mechanical friction, wear, and heat. This may result in equipment failure. In order to avoid such issues, viscometers and densitometers are being increasingly used in the petroleum industry. Thus, changing adverse and critical atmospheric conditions across industries is an important factor driving the adoption of industrial density and viscosity measurement products across the world.
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Emerson Electric Co., Yokogawa Electric Co., Mettler Toledo, and Toshiba Corporation likely to continue to lead the global market
The profiling of top players operating in the global industrial density and viscosity measurement products market is based of revenue generated from these products. The profiling includes these players’ headquarters, key financials, SWOT analysis, recent developments, and strategic overview. Key players operating in the global market and profiled in the report are Anton Paar GmbH, Emerson Electric Co., Brookfield (Ametek), A&D Company, Yokogawa Electric Co., Mettler Toledo, Toshiba Corporation, Berthold Technologies GmbH & Co. Kg, Hydramotion Ltd., TOKI SANGYO CO., LTD, Fungilab Inc. USA, BARTEC, proRheo GmbH, Lamy Rheology, Analytical Technology and Control Limited, Marimex, Fuji Ultrasonic Engineering Co., Ltd., Zhongwang Technology Co., LTD., KYOTO ELECTRONICS MANUFACTURING CO., LTD., Lemis Process, PAC L.P., Toshiba, and Rototherm Group.