THERMOGRAVIMETRIC ANALYZER MARKET REPORT OVERVIEW
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The global thermogravimetric analyzer market size was USD 111.1 million in 2021 and is projected to touch USD 174.19 million by 2031, exhibiting a CAGR of 4.6%.
The global COVID-19 pandemic has been unprecedented and staggering, with thermogravimetric analyzer experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels.
Thermogravimetric analysis or thermal gravimetric analysis (TGA) is a method of thermal analysis in which the mass of a sample is measured over time as the temperature changes. A device known as a thermogravimetric analyzer is used to perform thermogravimetric analysis (TGA). A thermogravimetric analyzer constantly measures mass as a sample's temperature varies. In thermogravimetric analysis, mass, temperature, and time are regarded as base measurements, while many more measures can be derived from these three base measurements.
A thermogravimetric analyzer is typically made up of a precision balance with a sample pan inside of a furnace with programmable temperature control. To cause a thermal reaction, the temperature is typically raised steadily or, in some applications, the temperature is controlled for a constant mass loss. A plot of mass or a percentage of the original mass against either temperature or time is created using the thermogravimetric data gathered from a thermal reaction.
COVID-19 IMPACT : Applications in Healthcare Boosted Product Demand Significantly
COVID-19 had a life changing impact globally. The global thermogravimetric analyzer market was significantly affected. The virus had various impacts on different markets. Lockdowns were imposed in several nations. This erratic pandemic caused disruptions on all sorts of businesses. Restrictions tightened during the pandemic due to increasing number of cases. Numerous Industries were affected. However, the market for thermogravimetric analyzer experienced a hike in demand.
Springer stated there were several experiments were conducted to evaluate the possible utilization of corona virus waste for energy production and sustainable pandemic environmental risk reduction. Thermogravimetric analyzer was used to analyze the heating rate on combustion characteristics such as reactivity and reactivity evaluation, ignition index, burnout index , the combustion performance index, and the combustion stability index of the protective coronavirus face masks.
Furthermore, ResearchGate analyzed the thermogravimetric analyzer in lignocellulosic and algal biomass gasification. To understand the chemical reactions, reactivities, and kinetic parameters of the thermochemical processes, thermogravimetric analysis was used to calculate the sample mass loss rate in a high-temperature gasification environment. The study underlined the integration of modern analytical equipment to better characterize product evolution.
LATEST TREND
"Technological Advancement to Strengthen Market Outlook"
Hitachi released a simultaneous thermogravimetric analyzer STA series. The baseline stability and reproducibility at the microgram level are guaranteed by the recently integrated balancing control technology. A highly regarded horizontal digital dual beam balance system is also implemented in addition to this. A wide range of temperature programs can be handled by the device's advanced temperature control technology. It offers precise heat capacity measurements and DSC measurement.
Shimadzu released a thermogravimetric analyzer – 50 series. These are micro/macro thermogravimetric analyzer. Regarding every criterion, including vibration tolerance, stability, noise level, and tolerance for changes in ambient temperature, these thermobalances function satisfactorily. It is possible to clearly detect mass changes of few micrograms (10 g with the 51). For applications in ceramics, catalysts, and other industries, hot temperature H-types and macro 51-types are readily available.
THERMOGRAVIMETRIC ANALYZER MARKET SEGMENTATION
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- By Type
Based on type, the market is divided into High Pressure Thermogravimetric Analyzer, and Atmospheric Thermogravimetric Analyzer.
High Pressure Thermogravimetric Analyzer holds a major share of the global market.
- By Application
Based on application, the market is bifurcated into Academic Research, and Business.
Academic Research as application holds a major share of the global market.
DRIVING FACTOR
"Versatility to Boost Market Share "
Thermogravimetric analyzer makes sure the temperature profile, atmosphere, sample, so on are identical for both data sets. Furthermore, it eliminates uncertainty associated with differences in sample preparation, sampling, differing instruments and furnace materials. It allows better correlation of time/heat flow and time/mass change phenomena in time-sensitive operations. It would be an ideal choice for studying kinetic phenomena, like protein folding, among others.
"Global Concerns to Drive Investments"
The use of waste-to-energy technologies has been prompted by widespread concern about energy security, climate change, and rising trash. The kinetic characteristics of the thermochemical processes are ascertained using a thermogravimetric analyzer. ResearchGate states that a thermogravimetric analyzer is being utilized for the biomass gasification process, with special focus on the estimation of kinetic parameters such as the pre-exponential coefficient and activation energies, arising from model-fitting and model-free approaches.
RESTRAINING FACTOR
"Product Quality to Pose as Market Constraint "
Thermogravimetric analyzer usage causes a loss in sample size, sensitivity to small mass loss effects. Thermogravimetric analyzer cannot accommodate a large sample. There is a loss of heat flow sensitivity thus reducing the ability to observe small heat effects. Machines without this fault are a huge investment. This disapproves consumers from investing due to the lack of minimal features. In the event, the system breaks down, you cannot resume your thermogravimetric analysis.
THERMOGRAVIMETRIC ANALYZER MARKET REGIONAL INSIGHTS
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"North America Dominates the Market as Major Investor"
North American countries are the largest market shareholder for thermogravimetric analyzer. This is built upon factors such as huge investments from companies in this region. Their growing need for analysis on the heat effects has boosted the market in this region. The government has increased usage of thermogravimetric analyzer due to rising temperatures. Europe is the second major shareholder of the global thermogravimetric analyzer market.
KEY INDUSTRY PLAYERS
"Market Players Focus on New Product Launches to Strengthen Market Position"
Leading players in the market are adopting various strategies to expand their presence in the market. These include R&D investments and launch of new, technologically-advanced products in the market. Some companies are also adopting strategies such as partnerships, mergers, and acquisitions to strengthen their market position.
List of Market Players Profiled
- Waters Corp [U.S.]
- Mettler-Toredo [U.S.]
- Shimadzu [Japan]
- PerkinElmer [U.S.]
- Hitachi [Japan]
- Erich NETZSCH [Germany]
- Linseis Messgeräte [Germany]
- Navas Instruments [U.S.]
- Setaram [France]
- Instrument Specialists [U.S.]
REPORT COVERAGE
This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 111.1 Million in 2022 |
Market Size Value By |
US$ 174.19 Million by 2031 |
Growth Rate |
CAGR of 4.6% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types & Application |
Frequently Asked Questions
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What value is the thermogravimetric analyzer market expected to touch by 2031?
The global inkjet printers head market is expected to reach USD 174.19 million by 2031.
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What CAGR is the thermogravimetric analyzer market expected to exhibit by 2031?
The thermogravimetric analyzer market is expected to exhibit a CAGR of 4.6% by 2031.
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Which are the driving factors of the thermogravimetric analyzer market?
Versatility of Product and Growing global concerns are drivers of this thermogravimetric analyzer market.
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Which are the top companies operating in the thermogravimetric analyzer market?
Waters Corp, Mettler-Toredo, Shimadzu, PerkinElmer, Hitachi, Erich NETZSCH, Linseis Messgeräte, Navas Instruments, Setaram, and Instrument Specialists are the leading companies operating in this thermogravimetric analyzer market.