Global Particle Size Analysis Market – Overview
The global particle size analysis market is expected to witness a strong growth in the coming years of the forecast period. The growth of the market is expected to be mainly driven by the increasing focus on nanotechnology. The key players in the market are focusing on developing new and innovative products to cater to the increasing demand. Moreover, the focus is on improving the overall quality of product to cater the end user requirements.
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Global Particle Size Analysis Market – Notable Developments
The competitive landscape of the global particle size analysis market is a fragmented one. There are several notable players operating in the global market such as Malvern Panalytical (UK), HORIBA (Japan), Beckman Coulter, (UK), MICROTRAC MRB, (US), Izon Science (UK), Micromeritics Instrument Corporation (US), Shimadzu Corporation (Japan), Sympatec (Germany), Anton Paar (Austria), TSI (US), Bettersize Instruments (China), FRITSCH (Germany), Brookhaven Instruments, (US), LS Instruments AG (Switzerland), and AimSizer (China).
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Some of the notable developments in the global particle size analysis market are:
- In 2018, Malvern Panalytical (UK) and Waters Corporation (US) entered into a co-marketing agreement. Under this, both companies will market the polymer characterization product range.
- In 2019, Shimadzu Corporation (Japan), entered into an agreement with Earle A. Chiles Research Institute (Providence), (US). The agreement will focus on the application of mass spectrometry technology to develop tools for personalized cancer immunotherapeutics.
- In 2024, MICROTRAC MRB (US) entered into a distribution partnership with ATS Scientific (Canada), where ATS will act as a service provider for MICROTRAC in Canada.
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Global Particle Size Analysis Market – Drivers and Restraints
There are several factors that are determining the overall development of the global particle size analysis market. One of the key driving factors for the market growth is the increasing research in the field of nanotechnology. In addition to this, improving grants and funding to the pharmaceutical companies and their research and development activities is also expected to drive the growth of the global particle size analysis market in the coming years of the forecast period ranging from 2024 to 2030. Furthermore, strict regulatory guidelines to ensure highest product quality is another important factor that is helping the overall development of the global market.
However, there are some factors that might impede the growth of the global particle size analysis market in the coming years of the forecast period. One of the important restraining factor for the market growth is the imposition of heavy duty on these particle size analyzers in emerging economies. Moreover, limitations in the range of particle characterization is also expected to impede the growth of the market in the coming years of the forecast period.
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Global Particle Size Analysis Market – Geographical Outlook
In terms of geographical segmentation, there are five key regions of the global particle size analysis market. These regions are North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa. Of these currently, the global particle size analysis market is being dominated by the regional segment of Asia Pacific. One of the key factor for the dominance of the Asia Pacific market is the growing awareness about nanotechnology. In addition to this, increasing presence of nanotechnology players in the region are also helping the development of the Asia Pacific region. Furthermore, the countries in the region are implement several structural regulations and reforms in order to improve the quality of the product. This too is expected to work in favor of the development of the Asia Pacific market in the coming years of the forecast period ranging from 2024 to 2030.
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