(PRWEB) April 29, 2014
The report “Particle Size Analysis Market by Technology (Laser Diffraction, Dynamic Light Scattering, Imaging, Coulter Principle, Nanoparticle Tracking Analysis), Industry (Healthcare, Chemical, Petroleum, Mining, Mineral, Food) & End User - Global Forecasts to 2018” analyzes and studies the major market drivers, restraints, opportunities and challenges in North America, Europe, Asia-Pacific, and the Rest of the world (RoW).
Browse more than 70 market data tables with 34 figures spread through 197 pages and in-depth TOC on "Particle Size Analysis Market”
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This report studies the global particle size analyzers market over the forecast period of 2013 to 2018. The market is expected to reach ~$290 million by 2018, at CAGR of 4.9% from 2013 to 2018.
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On the basis of technology, the global particle size analysis market has been divided into six major segments, namely, laser diffraction, dynamic light scattering (DLS), imaging, the Coulter Principle, nanoparticle tracking analysis (NTA), and others. The others segment comprises resonant mass measurement, laser obscuration, sedimentations, and sieve analysis technologies. The laser diffraction segment accounted for largest share of the global market at an estimated $80.0 million in 2013; however, the imaging segment market is expected to grow at the highest growth rate in the next five years.
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A number of factors such as the increasing application of nanotechnology, geographic expansion of market players across the globe, and the presence of stringent regulatory guidelines to comply with good manufacturing practices for traditional industries (such as healthcare, chemicals, mining, and petroleum) are driving the growth of the global particle size analyzers market. On the other hand, factors such as high import duties on particle size analyzers in developing countries, high cost of analyzers, and lack of customer awareness are restricting the growth of the particle size analyzers market.
Market consolidation through mergers and acquisitions and the focus on raising industry standards in developing countries are the factors that offer high growth opportunities for market players.
The global particle size analyzers market is dominated by players such as Malvern Instruments Limited (U.K.), HORIBA, Ltd. (Japan), Beckman Coulter, Inc. (U.S.), and Microtrac, Inc. (U.S.). As of 2013, Malvern Instruments Limited was the dominant player in the global particle size analyzers market, with a share of 44%. The company has a broad product portfolio and it offers particle size analyzers based on several leading technologies, including dynamic light scattering (DLS), image analysis, laser diffraction, nanoparticle tracking analysis, and resonant mass measurement. Besides, the company has a strong geographic presence in North America, South America, Europe, Africa, Middle East, India, China, Japan, South East Asia, and Australia. The company’s wide range of product offerings coupled with its wide geographic presence enables it to maintain its leading position in the global particle size analyzers market. Furthermore, the company has adopted acquisitions and innovation as its key business strategies to sustain it position in the market.
As of 2013, North America held the largest share of ~32.8% of the global particle size analyzers market, followed by Europe (32.3%). However, the Asia-Pacific market is expected to grow at highest CAGR of ~6.0% from 2013 to 2018. A number of factors such as the gradual migration of pharmaceutical R&D and manufacturing activities from developed countries to Asian countries, and increasing industry standards in developing economies are stimulating the growth of the particle size analyzers market in the Asia-Pacific region.
The major players in the particle size analyzers market include Malvern Instruments Limited (U.K.), HORIBA, Ltd. (Japan), Beckman Coulter, Inc. (U.S.), Microtrac, Inc. (U.S.), Micromeritics Instrument Corporation (U.S.), IZON Limited (New Zealand), CILAS (France), Sympatec GmbH (Germany), and Agilent Technologies, Inc. (U.S.).
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