Particle Size Analysis Market Growing at Steady CAGR – An Overview

Particle size analysis is an umbrella term for various laboratory techniques and procedures carried out to determine the range of size of the particles in the liquid or powder substances. The technology is divided into different parts based on their functions and applications. The global particle size analysis market is expected to gain healthy growth at a steady rate. This growth is attributed to the growing applications and increasing interest from the key players in the industry. The existing businesses in the market are concentrating on global expansions. Potential players on the other hand are poised to make their mark on the global platform.

Scope of Research – Segmentation

The global particle size analysis market is segmented on the basis of the types of technologies, dispersion, industries, and geographic regions. Following are the details of the sub-segments in the particle sizing market:

  • Technology: Dynamic light scattering, laser diffraction, coulter principle, imaging, nanoparticle tracking analysis, and others
  • Dispersion: Wet particle size analyzers, spray particle size analyzers, and dry particle size analyzers
  • Industry: Healthcare (pharmaceuticals, prosthetics, biotechnology and drug delivery), mining, minerals, and cement, chemicals, food and beverages, and others
  • Geography: North America, Asia Pacific, Europe and rest of the world

Trends, Drivers & Forecasts

Various factors like growth in demand and the rate of adoption are expected to dominate the demand in the particle size analysis market. Increasing applications across nanotechnology segment is also a crucial parameter for tracking the current growth of the industry. As mentioned before, plans to expand business across different geographic regions also plays vital role in the growth in demand for the industry. However, factors like high import duty on particle sizing analysis are restraining the current rate of growth. These higher costs are particularly common across developing regions, which are hindering the growth of the industry across those regions.

Emerging markets like Asia Pacific, Latin America, Middle East and Africa are coming across as the strong markets for the particle size analysis market. Developing countries like China and India are serving as the attractive investments for the established players in the industry. As a result of all these factors, the global market is expected to maintain steady CAGR of over 4% and reach past $290 million by the end of the year 2018. During the forecasting period, Asia Pacific is expected to maintain a higher growth rate of over 6%. Increasing government concerns across emerging markets also play crucial role in the development of the industry in emerging markets.