WILMINGTON, DE / ACCESSWIRE / February 8, 2023 / Transparency Market Research Inc. - The global particle size analyzer market is projected to expand at a CAGR of 5.2% during the forecast period from 2022 to 2031, as per the market outlook report by Transparency Market Research.
Pharmaceutical intermediates and active pharmaceutical ingredients (APIs) generally use powders. The particle size of APIs and intermediates has a key impact on the effectiveness of medications, as it impacts the rate of drug absorption in the gastrointestinal tract following its administration. Hence, it is important to measure the particle characteristics of raw materials in order to maintain high-quality pharmaceutical production. Increase in need for particle size analyzers in the pharmaceutical industry is expected to drive market growth during the forecast period.
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Particle Size Analyzer Market: Key Findings
- Demand for wet particle size analyzers has increased in the past few years owing to the rise in their usage in measuring the size distribution of particles that are suspended in a liquid medium. For this, various techniques, such as dynamic light scattering, ultrasonic spectroscopy, or laser diffraction, can be utilized. Wet particle size analyzers find applications in regulating and monitoring emulsions, slurries, and suspensions in sticky, hot, and extremely concentrated mineral streams and diluted medicinal emulsions. Usage of these devices has increased in end-use industries, such as food & beverage, cosmetics, and chemical, in order to maintain the quality and uniformity of the products. This factor is anticipated to fuel market growth during the forecast period. As per TMR's market outlook, the wet particle segment is estimated to expand at a CAGR of 5.5% during the forecast period.
- Adoption of the nanoparticle tracking analysis (NTA) technique has increased in the past few years in order to measure the concentration, movement, and size of nanoparticles in a liquid sample. Data gathered by NTA is utilized in determining the concentration, stability, and size distribution of the nanoparticles in a sample, as well as their potential environmental impact and toxicity. NTA can be used in the study of various types of nanoparticles, such as polymers, biomolecules, and metals. These also find applications in different types of liquid, such as urine, cell culture media, and blood. The nanoparticle tracking analysis technology segment of the global market is projected to expand at a CAGR of 5.9% during 2022 to 2031.
Particle Size Analyzer Market: Growth Drivers
- Increase in usage of particle size analyzers in battery material analysis offers significant business opportunities for market players
- Rise in product adoption in the pharmaceutical industry is anticipated to boost market development
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Regional Analysis
- Asia Pacific accounted for 30% share of the global industry in 2021. The region is expected to expand at a rapid pace during the forecast period due to increase in awareness about the need for particle size analysis in different applications, surge in usage of these instruments in quality control processes across varied industries, and technological developments. Furthermore, rise in R&D activities in the field of biotechnology and nanotechnology in India, Australia, and China is anticipated to bolster the market expansion in Asia Pacific in the near future.
- The particle size analyzer market in North America is likely to create substantial business opportunities during the forecast period, owing to the presence of key players and rise in the usage of particle size analyzers by biotechnology and pharmaceutical companies
Particle Size Analyzer Market: Competition Landscape
- The market is consolidated, with a large number of medium- and large-scale companies controlling larger share of the global industry
- Leading companies are investing significantly in R&D activities in order to launch technologically advanced products
- Players are adopting strategies, such as mergers and acquisitions, to increase their market share
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Particle Size Analyzer Market: Key Players
- Beckman Coulter, Inc.
- Anton Paar GmbH
- Bühler Group
- Bettersize Instruments Ltd.
- Horiba, Ltd.
- Fritsch GmbH
- Mettler-Toledo International, Inc.
- Intertek Group plc
- Shimadzu Corporation
- Microtrac Retsch GmbH
- Sympatec GmbH
Particle Size Analyzer Market Segmentation
Technology
- Dynamic Image Analysis (DIA)
- Static Image Analysis
- Laser Diffraction
- Dynamic Light Scattering (DLS)
- Nanoparticle Tracking Analysis
- Others (centrifugal sedimentation, sieve analysis, etc.)
Dispersion Type
- Dry Particle
- Wet Particle
- Spray Particle
End-use Industry
- Pharmaceutical
- Food & Beverage
- Building & Construction
- Chemical
- Agriculture & Forestry
- Metals & Mining
- Healthcare
- Industrial
- Others (semiconductor & electronics, research & academia, etc.)
Regions Covered
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
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