Global Immersion Oil Market Outlook and Growth Forecast for the Period 2017-2025

Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Immersion Oil Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025” offers a detailed analysis of the market, providing insights into the market dynamics that are expected to influence the overall market positively in the next few years. Furthermore, the product segmentation, drivers, barriers, key geographical segments, and the competitive scenario of the Global Immersion Oil market have been elaborated upon in the research report.

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Immersion oils are pellucid oils that have specific optical and viscosity characteristics compatible for usage in microscopy. Immersion oils have a refractive index closer to that of glass, and they do not refract the beams of light being focused on the item being examined. Consequently, all light beams are focused onto the object to be examined, as opposed to light beams going through air and being scattered, thus hampering the quality of the analysis. Using immersion oils results in higher brightness at high magnification and high image resolution. The global immersion oil market is expected to expand at a significant rate driven by increase in demand for innovation in the field of science. The immersion oil market was valued at about US$ 55 Mn in 2016 and is projected to expand at a CAGR of more than 5% during the forecast period.       

Factors such as improvements in sample labelling, contrast, illumination, resolution, signal detection, and data processing have occurred at all stages of microscopy experiments, which are driving the demand for immersion oil. The discovery of blood cells in the human body opened the doors for advanced studies in cell biology. Discovery of genes involved in human development through microscopes is a clear demonstration of the importance of microscopes in life sciences. Rise in demand for microscopes is expected to boost the demand for immersion oil. Increase in innovation of microscopes has had a significant impact on the global immersion oil market. However, less number of research studies on immersion oil and no new innovation in magnification techniques are also restraining the immersion oil market.

Key players in the immersion oil market need to focus on the promotion of immersion oil, as the market is very small and the key players operating in this market are also less. Nanotechnology can boost the immersion oil market owing to the increase in research and development activities on nano-sized products.

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Major players operating in the immersion oil market have adopted mergers and acquisitions as their key strategy to expand their network and boost their investments. For instance, in 2016, Honeywell International Inc. acquired Xtralis, a leading company that operates in the field of early fire and intrusion detection technologies. The acquisition fits perfectly with Honeywell's technology innovation and leadership and helped expand its product portfolio. Launching new products and facilities is likely to be the long-term strategy of immersion oil manufacturers. For example, Cargille Laboratories, Inc. launched a whole new series of Cargille Meltmount for microscopy and optical coupling. These are specially formulated for optical-quality thermoplastics for usage in microscope slide mounting and in other optical coupling applications. The company developed its new line of Sub-Lux Gels, which are profoundly black gels and are designed to eliminate back reflection when paired with glasses of similar refractive index. Flinn Scientific Inc. launched Flinn Advanced Compound Microscopes that deliver high-quality optics, which is considered the best for advanced biological science courses and includes easy-to-use software. Thermo Fisher Scientific developed the Thermo Scientific Richard-Allan Scientific Resolve Immersion Oil that contains no PCBs. It is a clear, colorless oil that allows light transmission throughout most of the UV-VIS spectrum

Key Takeaways

An extensive analysis of the immersion oil market trends and shares from 2016 to 2025 to identify the market opportunities and analyze industry development
A list of key developments in the immersion oil market made by key players
A list of key factors responsible for building the upcoming opportunistic roadmap for the immersion oil market at a global, regional, and country level
Comprehensive analysis with respect to investments and price trends that impact the outlook of the global immersion oil market between 2016 and 2025
The report provides insights into market opportunities for various stakeholders in the value chain and a detailed competition landscape for key players dominating the industry to understand competition level
Porters’ Five Forces highlight the potency of buyers and suppliers and enable stakeholders to make profit-oriented business decisions. They analyze the strengths and weaknesses to gain strategic position in the market.

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