Melting Point Apparatus Market Size, Share, Growth, and Industry Analysis, By Type (Capillary Tube Method Melting Point Apparatus, Hotstage Melting Point Apparatus and Others), By Application (Pharmaceuticals, Chemicals and Material and Others), Regional Insights and Forecast to 2032

Updated On: 22 April 2024

MELTING POINT APPARATUS MARKET REPORT OVERVIEW

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global melting point apparatus market size was USD 52 million in 2019 and market is projected to touch USD 70.33 million by 2032 at CAGR 2.4% during the forecast period.

An instrument used in laboratories to measure the temperature at which an organic compound or other substance melts is called a melting point equipment. Three fundamental parts make up a conventional melting point apparatus: a thermometer, an oil bath, and a capillary tube. It is necessary to insert the liquid sample for testing into the capillary tube before submerging it in the hot oil bath. In order to obtain an accurate measurement, it is necessary for both instruments to stay in touch with each other until they attain equilibrium. Depending on the size of the item hanging above it, this process might take several minutes. (bigger objects require more time).

COVID-19 Impact: Halt of Industrial Activities and Economic Uncertainties in the Phase of COVID-19 Tranquilized the Market Growth

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

Semiconductor businesses could find it increasingly difficult to forecast demand after 2021 due to the increased uncertainties surrounding healthcare and business advancements. Companies should pay close attention to two patterns when they develop long-term goals and assess possible outcomes. Additionally, COVID-19 may reduce the need for semiconductors in a number of significant applications. Due to their decreased sales, some automakers have already started to delay their investments in autonomous driving, as there is now less money available for research and development. 

LATEST TRENDS

"Advancements in Design and Integration with Software Solutions to Electrify the Market Growth"

MELTING POINT APPARATUS MARKET SEGMENTATION

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• By Type

Based on type the global market can be categorized into capillary tube method melting point apparatus, hotstage melting point apparatus  and others.

Capillary Tube Method Melting Point Apparatus: The melting point of a solid is determined by measuring its melting point using capillary tubes, which are used to measure the temperature at which a solid melts or crystallizes from a liquid state into an amorphous form. By establishing whether or not two compounds melt together, or are miscible, it also aids in the identification of substances with similar physical characteristics but distinct chemical compositions. This idea is founded on the way that these interactions are influenced by molecule structure. As long as there is enough contact between the structures, the likelihood that they will mix together decreases with increasing dissimilarity.

Hotstage Melting Point Apparatus: This technique involves suspending a little sample inside a metal capillary tube that has two vertical wires inside of it, with the bottom end of each wire submerged in a bath of oil. A bimetallic strip that may be held in the hand or fastened to the wall has an open-top wire connected to one side, and a temperature-sensitive pointer on the other. This apparatus consists of three parts: heated oil baths that act as mediums to conduct heat from an external source so that precise measurements can be obtained; an induction coil that heats up when electricity passes through it; and the liquid being tested, where its melting point would be measured.

• By Application

Based on application the global market can be categorized into pharmaceuticals, chemicals & material and others.

Pharmaceuticals: In the Melting Point Apparatus Market, the medicines category holds the largest market share. The elevated demand witnessed in this particular market may be ascribed to many causes, including a rise in the population aged 65 and over, mostly as a result of medical advancements that have led to longer life expectancies. The worldwide pharmaceutical sector, which depends heavily on these devices for analytical testing procedures, has also benefited from the growing acceptance of chronic drugs.

Chemical & Material: This market, which is mostly dependent on these instruments used during analytical testing procedures, such as melting point equipment, is being driven by the rising trend of digitalization across various areas. Furthermore, the Chemical & Materials business offers development possibilities due to the growing usage of innovative technology.

DRIVING FACTORS

"Pharmaceutical Industry Growth to Brace Up the Market Sales"

Melting Point apparatus is widely used in the pharmaceutical sector for both research and quality control applications. Melting Point Apparatus and other precision analytical instruments are in high demand as the pharmaceutical industry grows due to reasons including evolving medication research and growing healthcare demands.

Chemical Analysis and Material Science Advancements to Intensify the Market Growth

RESTRAINING FACTOR

"Influence of Atmospheric Pressure and Subject to Impurities to Hold Back the Market Growth"

One may influence a substance's melting point using atmospheric pressure. Because the Melting Point Apparatus operates under typical air conditions, fluctuations in pressure may cause the findings to differ. A substance's melting point can be impacted by contaminants. Because contaminants can change the melting point range, the Melting Point Apparatus may not give reliable findings if the sample contains impurities. However, the issues with the atmospheric pressure and impurities may restrict the worldwide melting point apparatus market growth.

MELTING POINT APPARATUS MARKET REGIONAL INSIGHTS

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"Asia Pacific with Several Large Pharmaceutical Companies, Scientific and Laboratory Equipments to Lead the Market Share"

The market is primarily segregated into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.

It is projected that the North America will have the quickest growth due to reasons including growing knowledge of the advantages these devices provide for analytical testing procedures. Additionally, a number of major pharmaceutical businesses operating in this area have been progressively moving their manufacturing lines from Europe as a result of that continent's economic downturn. Over the course of the projection period, this will also encourage increasing demand and utilization rates within the Melting Point Apparatus Market. In the market for scientific and laboratory equipment, the US and Canada are major players. Research & development efforts in the fields of materials science, chemistry, and pharmaceuticals have an impact on the demand for Melting Point Apparatus market share, which might lead to North America being the dominating area.

KEY INDUSTRY PLAYERS

"Notable Market Players Shaping the Market and Contributing in the Market Expansion"

Due to their significant market influence, major market players are essential for understanding consumer preferences and industry dynamics. Because of these big companies' extensive retail networks and online platforms, customers may easily browse through an enormous variety of clothing selections. Due to their strong global presence and well-known brand, which have also strengthened customer loyalty and confidence, product adoption has increased. 

List of Market Players Profiled

• METTLER TOLEDO (Switzerland)
• Stanford Research Systems (U.S.)
• BUCHI (Switzerland)
• AZO Materials (U.K)
• Kruss (Germany)
• Bibby-Stuart (U.K)
• Bibby-Electrothermal (U.K.)
• Shanghai Instrument Physical Optics Instrument (China)
• Jinan Hanon Instrument (China)
• Shanghai Benang Instruments (China)
• JiaHang Instruments (China)
• Jingtuo Instruments (China).

INDUSTRIAL DEVELOPMENT

• June 2022: KRÜSS will exhibit two new measuring devices at analytica 2022 in Munich, Germany, under the banner of Generation íí. The Hamburg-based interfacial analysis solution supplier Tensiometer Tensíío combines technological advancements with a high degree of equipment adaptability. As the first 3D Contact Angle measurement device in the world, Ayríís is a transportable stand-alone solution that conducts trustworthy, clear testing for quality control (QC) without the need for human participation or result interpretation"."

REPORT COVERAGE

The research provides forecasts for future market expansion in addition to a comprehensive SWOT analysis. It examines a wide range of market classifications, potential uses, and important factors that fuel the market's expansion in order to determine how the industry develops over the next several years. By considering both historical turning points and current trends, the research offers a thorough picture of the market's components and highlights potential growth prospects.