According to the latest report by IMARC Group, titled “Particle Size Analysis Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global particle size analysis market size reached US$ 359.8 Million in 2021. Particle size analysis measures the size distribution of individual particles present in aerosols, emulsions, suspensions and solid materials. It is a vital procedure that is adopted in the quality control protocol that aid in a smooth production process, which facilitates high-quality final products. There are various methods available for determining the particle characteristics that differ on the basis of their size and molecular mass. Additionally, it assists research experts in analyzing particle shape, concentration, turbidity, count, porosity, density and stability. As a result, it is extensively used across industries, including pharmaceuticals, building materials, paints and coatings, and food and beverages.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Particle Size Analysis Market Trends:
The global market is primarily driven by the emergence of nanotechnology. Since nanomaterials are widely used in the manufacturing of microelectronics that are utilized across multiple industries, this is providing a boost to the demand for particle size analysis. This is further impelled by the advent of nanosensors and microchips integrated with electronic devices. With the rising demand for valuable minerals extracted from naturally occurring ores, there has been a considerable rise in the adoption of particle size analysis methods across the mining industry. Along with this, the increasing need for ensuring the homogeneity of medicines to enhance the responsiveness to treatments is significantly supporting the demand for particle size analyzers across the pharmaceutical industry. Furthermore, continual technological advancements in the analyzer instruments are acting as other growth-inducing factors. Moreover, the growing investments by key players for conducting extensive research and development (R&D) activities are expected to drive the market growth. Other factors, including rapid industrialization and stringent government regulatory guidelines in order to maintain the product quality, are also positively influencing the market. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 486.1 Million by 2027, exhibiting a CAGR of 5.2% during 2022-2027.
- On the basis of the product, the market has been segregated into laser diffraction, dynamic light scattering (DLS), image analysis, nanoparticle tracking analysis (NTA) and others. Among these, laser diffraction accounts for the majority of the total market share.
- Based on the application, the market has been segmented into the medicine and healthcare industry, mining and minerals industry, petrochemical industry, food and beverages industry and others. Presently, the medicine and healthcare industry represent the leading market segment.
- On the basis of the region, the market has been divided into North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. Currently, North America exhibits a clear dominance in the market.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of these players include Malvern Instruments Ltd., Horiba Ltd., Beckman Coulter, Inc., Microtrac Inc. and Micromeritics Instruments.
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