Particle size analysis is the process of determining the size distribution of particles in a given solid, emulsion, suspension or aerosol sample. Different methods of analysis are employed to measure particle size, wherein some methods can be used for a wide range of samples while others are specific to particular samples. Particle size analysis forms an important part of several industrial processes for quality control, and determining the efficiency of the manufacturing process and product performance. Owing to this, it is extensively used in the manufacturing of aerosols, foods and beverages, paints and coatings, building materials and pharmaceuticals. According to the latest report by IMARC Group, titled “Particle Size Analysis Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global particle size analysis market reached a value of more than US$ 210 Million in 2018.
One of the major factors driving the growth of the global particle size analysis market is the expanding applications of particle size analysis in the field of nanotechnology. This process is being used in the production of semiconductor components, constructed structures, cosmetic products, etc. Apart from this, growth in the pharmaceuticals industry has resulted in a heightened demand for particle size analysis where it is used in maintaining the quality of the various products. Moreover, technological advancements in the analysing processes along with augmented demand from the emerging regions are the other factors driving the market growth. Looking forward, the market is expected to grow at a CAGR of 5.4% during 2019-2024, reaching a value of nearly US$ 288 Million by 2024.
The report has segmented the market on the basis of technology into laser deflection, Dynamic Light Scattering (DLS), image analysis and Nanoparticle Tracking Analysis (NTA). Currently, the laser deflection segment accounts for the majority of the market share. On the basis of application, the report covers medicine and healthcare, mining and minerals, petrochemical, and food and beverages. Amongst these, the medicine and healthcare industry represents the leading application segment. On a regional-basis, North America dominates the market, followed by Europe and Asia-Pacific. The report has also analysed the competitive landscape of the market with some of the key players being Malvern Instruments Ltd., Horiba Ltd., Beckman Coulter, Inc., Microtrac, Inc. and Micromeritic Instruments.
This report provides a deep insight into the global particle size analysis market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the particle size analysis industry in any manner.
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