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Thermal Desorption Instrument Market Report Overview
The global thermal desorption instrument market size was USD 25 million in 2022 & the market is projected to touch USD 34 million by 2031, exhibiting a CAGR of 3.4% during the forecast period.
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 rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
The analysis of volatile organic compounds (VOCs) and other semi-volatile organic compounds (SVOCs) contained in solid or liquid samples is done using thermal desorption instruments. In this method, the sample is heated to liberate the volatile molecules, which are subsequently examined by different detectors, such as gas chromatographs or mass spectrometers. Due to its use in a variety of industries, such as forensic analysis, food safety, pharmaceuticals, and environmental monitoring, the market for thermal desorption instrumentation has been gradually expanding.
Specialised devices called Thermal Desorption Units (TDU) employ heat to remove impurities from a range of materials. The contaminated material is put inside the TDU, where it is heated for a while at a high temperature. The impurities are vaporised during this process, leaving the material clean and dry. By coming into touch with a slowly rotating drum that is heated on the outside, contaminated material is indirectly exposed to heat in Thermal Desorption Units. In the sludge, impurities that have vaporised are separated from the solids, creating a finished product that can be efficiently and cheaply disposed of.
COVID-19 Impact: Imposed Restrictions in the Economy Resulted in Decline in the Market
The COVID-19 issue has had an effect on the global economy, resulting in a strict lockdown and a halt to day-to-day activities in all industries. Because of the government's restrictions, the panic scenario has had a serious impact on the industry. It's worth noting that the COVID-19 pandemic has had a tremendous influence on the cruise industry, particularly the giant cruise ship market. To protect passenger safety, many cruise lines ceased operations and enacted additional health and safety standards. The industry continues to adapt and adopt measures to restore passenger confidence and resume operations as the situation progresses.
LATEST TRENDS
"Ongoing Developments, Research And Government Investment Soar Up Market Potentially"
More consumers from many industries have been drawn to thermal desorption instrumentation thanks to ongoing advancements in sensitivity, selectivity, and automation. The market has been further expanded by the introduction of inventive and user-friendly thermal desorption systems as a result of ongoing research and development efforts by instrument manufacturers. The adoption rates of thermal desorption instruments will be boosted over time by increased investments made by governments and corporate entities in research and development, which will eventually enhance the revenue these instruments generate. Government agencies' strict rules on VOC emissions and SVOC analyses have increased the need for precise and sensitive analytical tools like thermal desorption systems.
Thermal Desorption Instrument Market Segmentation
- By Type
Based on type the market is classified as dual channel, secondary, automatic and others.
- By Application
Based on application the market is classified as chemical, mining, school and others.
DRIVING FACTORS
"Growing Need for Environmental Protection to Boost the Market Growth "
The rising demand for thermal desorption instruments in a variety of applications, including environmental, food/flavor/drink/biological, and material emissions, is responsible for the market expansion. The market for thermal desorption instruments worldwide was dominated by the environmental application segment in 2018 and is anticipated to do so during the course of the projected period.
Another factor that stimulates the growth of this market is the growing need for environmental protection, which helps to lower pollution levels by removing harmful substances from air, water, soil, etc. that are released during production processes like refining crude oil or extracting natural gas from wells. In different industries, including the petrochemical industry, the power generating industry, etc., there has been an increase in the adoption rates of thermal desorption instruments, which has contributed to the long-term expansion of this market.
"Extensive Applications in Various Industries to Witness Tremendous Market Growth"
Thermal desorption instrumentation is increasingly being used in a variety of industries, including petrochemical, automotive, aerospace, and healthcare. The market for thermal desorption instruments is expanding as a result of the rising demand for natural gas and oil.
RESTRAINING FACTORS
"The Time Consuming Process and Cost Factor to Obstruct the Market Growth"
The thermal desorption procedure can take a while depending on the complexity of the sample and the quantity of analytes to be identified, which may prevent its use in high-throughput investigations. For certain laboratories or organisations, the cost of purchasing and maintaining thermal desorption equipment may be a barrier. As a result, time consuming and expensiveness thus restraining the thermal desorption instrument market growth.
Thermal Desorption Instrument Market Regional Insights
"North American Region to Dominate with High Adoption Rates and Growing Awareness About Air Pollution"
In terms of market share, the North American region dominated the global thermal desorption instrument market share in 2018 and is anticipated to do so going forward. This can be attributed to a number of factors, including the widespread use of these instruments across a variety of sectors, including the automotive, aerospace & defence, oil & gas, power generation & distribution, pharmaceuticals & biotechnology, among others; strict emission-level regulations; and rising public concern over air pollution in North America. All these factors combined are significantly contributing in the regions thermal desorption instrument market growth.
KEY INDUSTRY PLAYERS
"Financial Players to Contribute Towards Expansion of Market"
The market is highly competitive and has both international and local participants. The introduction of new and improved products, collaborations, mergers and acquisitions, joint ventures, and other strategies include major actors.The report is a thorough investigation of a list of market participants who support market growth. The information is a synthesis of the most recent trends, mergers and acquisitions in the manufacturing industry, market research, and technological advancements. To comprehend the market share, product growth, revenue growth, and other elements during the anticipated term, further factors like regional and segmental analysis are also taken into consideration.
LIST OF TOP THERMAL DESORPTION INSTRUMENT COMPANIES
- Agilent (U.S.A)
- Markes International (U.K.)
- CDS Analytical (U.S.A)
- GERSTEL GmbH (Germany)
- AnalytiX Trd. L.L.C. (U.A.E)
- Camsco (U.S.A)
- ALMSCO International (U.K)
- Therma-Flite (U.S.A)
- Tarmac International (U.K)
- Autosamplerguys (U.S.A)
- Shanghai Huijie (China)
- Xijiang Instrument (China).
REPORT COVERAGE
The SWOT analysis and information on future developments are covered in the study. The research report includes a study of a number of factors that promote market growth. This section also covers the range of numerous market categories and applications that could potentially affect the market in the future. The specifics are based on current trends and historical turning points. The state of the market's components and its potential growth areas over the following years. The paper discusses market segmentation information, including subjective and quantitative research, as well as the impact of financial and strategy opinions. Additionally, the research disseminates data on national and regional assessments that take into account the dominant forces of supply and demand that are influencing market growth. The competitive environment, including market shares of significant competitors, is detailed in the report along with fresh research methodology and player strategies for the anticipated time.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 25 Million in 2022 |
Market Size Value By |
US$ 34 Million by 2031 |
Growth Rate |
CAGR of 3.4% from 2022 to 2031 |
Forecast Period |
2022-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
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What value is the thermal desorption instrument market expected to touch by 2031?
The global thermal desorption instrument market is expected to reach USD 34 million by 2031.
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What CAGR is the thermal desorption instrument market expected to exhibit by 2031?
The thermal desorption instrument market is expected to exhibit a CAGR of 3.4% by 2031.
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Which are the driving factors of the thermal desorption instrument market?
Growing need for environmental protection and the extensive applications in various industries witnessing significant growth are the driving factors of the thermal desorption instrument market.
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Which are the key players functioning in the thermal desorption instrument market?
Agilent, Markes International, CDS Analytical, GERSTEL GmbH, AnalytiX Trd. L.L.C., Camsco, ALMSCO International, Therma-Flite, Tarmac International, Autosamplerguys, Shanghai Huijie, Xijiang Instrument and others are the key players functioning in the thermal desorption instrument market.