As per the latest report by IMARC Group, titled “Particle Size Analysis Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global particle size analysis market size reached around US$ 221 Million in 2019. Particle size analysis refers to a set of technical procedures performed for calculating the average size of particles in an aerosol, solid sample, emulsion, or suspension. It remains an essential process as it helps in determining the behavior, nature and other properties of the material. Particle size analysis can be performed using different methods, some of which can be applied for a wide range of samples, whereas other methods are limited to specific applications.
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Global Particle Size Analysis Market Trends:
The growing adoption of particle size analyzers in various industries represents the major factor driving the market growth. Particle size analysis is increasingly being used in nanotechnology and for the inspection of newly constructed structures, semiconductor components and cosmetic products. It is also utilized in the pharmaceutical industry to maintain the quality, fluidity and consistency of raw materials and ensure the homogeneity of medicines, including tablets, pills and capsules. Besides this, the development of technologically advanced instruments has further augmented the market growth. These instruments allow sampling with a significantly reduced sample size and require less preparation time. Moreover, the governments of various nations are supporting nanotechnology research. They are also providing grants and funds for research and development (R&D) in the chemical and pharmaceutical fields, which, in turn, is driving the growth of the market. Looking forward, the market is anticipated to witness moderate growth during the forecast period (2020-2025).
- Based on technology, the market has been segmented into laser diffraction, dynamic light scattering (DLS), image analysis, nanoparticle tracking analysis (NTA) and others. Amongst these, laser diffraction is the most widely used technology.
- On the basis of the application, the medicine and healthcare industry exhibits a clear dominance in the market. Other major segments are mining and minerals, petrochemical, and food and beverage industries.
- Region-wise, North America holds the leading position in the market. Other major regions include Asia Pacific, Europe, Middle East and Africa, and Latin America.
- The competitive landscape of the market has been examined, with some of the key players being Malvern Instruments Ltd., Horiba Ltd., Beckman Coulter Inc., Microtrac Inc. and Micromeritics Instruments.
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