Friday, 1 February 2019

Moisture Analyzer Market Size, Growth, Trend and Forecast to 2022

The moisture analyzer market is expected to grow from USD 1.15 Billion in 2016 to USD 1.41 Billion by 2022, at a CAGR of 3.3% between 2017 and 2022. The moisture analyzer market is mainly driven by factors such as increasing demand from traditional as well as new verticals and rapid adoption in Asia. For this study, the base year considered is 2016 and the market forecast provided is between 2017 and 2022.

Scope of the Report:
The market covered in this report has been segmented as follows:
  • Moisture Analyzer Market, by Analyzing Technique:
    • Karl Fischer Titration
    • Loss-on-Drying
    • Capacitance
    • Microwave
    • Drying Oven
    • Near-infrared
    • Radio Frequency
    • Others
  • Moisture Analyzer Market, by Equipment Type:
    • Desktop-Mounted
    • Handheld
    • In-line
  • Moisture Analyzer Market, by Vertical:
    • Plastic and Polymer
    • Pharmaceuticals
    • Chemical and Petroleum
    • Food and Beverage
    • Wood, Paper, and Pulp
    • Research and Academics
    • Construction
    • Water Treatment and Biomass
    • Semiconductor
    • Metal and Mining
  • Moisture Analyzer Market, by Geography:
    • The Americas
    • Europe
    • Asia Pacific
    • Rest of the World
The food and beverage vertical held the largest market share of the overall moisture analyzer market in 2016. This huge demand from the food and beverage vertical can be attributed to the stringent government regulations for maintaining the high quality of edible products by maintaining the moisture content in the product at the desired level.

The moisture analyzer market for the near-infrared (NIR) analyzing technique is expected to grow at the fastest rate during the forecast period. This is mainly because NIR analyzers provide the opportunity to measure moisture content in the product during the manufacturing process. With the growing process automation in various industries, the demand for in-line moisture analysis is growing, and NIR analyzers are the best fit for the continuous analysis of moisture during the product manufacturing process.

The Americas accounted for largest share of the overall moisture analyzer market in 2016. This region is home to several moisture analyzer manufacturers, along with industries such as food and beverages, and pharmaceuticals, which are the major consumers of this equipment.

The report also profiles the most promising players in the moisture analyzer market. The competitive landscape of the market is highly dynamic because of the presence of a significant number of big and small players. The key players in the market are PCE Instruments (Germany), Michell Instruments Inc. (England), Ametek Inc. (US), SpectraSesnsors Inc. (US), General Electric Co. (US), A&D Co., Ltd. (Japan), Kett Electric Laboratory (Japan), Mettler-Toledo International Inc. (US), Sartorius AG (Germany), Shimadzu Corp. (Japan), Gow-Mac Instrument Co. (US), Mitsubishi Chemical Holdings Corp. (Japan), Sinar Technology (England), Thermo Fisher Scientific Inc. (US), and U-Therm International (H.K.) Ltd. (Hong Kong).

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