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Trace Chemical Detector Market Insights 2018-2028: Business Opportunities, Competition & Key Companies, Current Trends and Challenges

03-01-2019 01:56 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Trace Chemical Detector Market

Trace Chemical Detector Market

The trace chemical detector is the analytical instrument designed for detecting narcotics, explosives, and other substances such as characteristic compounds, human odors, specific bio-markers indicative of pathogens, and biological threat materials. There is increasing demand for trace chemical detectors in various industries for testing product’s purity. The need of trace chemical detectors is increasing when the chemical involves complexity in samples. There is rapid growth in the trace chemical detector market due to wide ranging applications offered by the trace chemical detectors, such as contamination analysis, chemical composition analysis, elemental trace analysis, characterization and Identification of unknown substances, impurities analysis, additives identification, and other applications.

Demand for trace chemical detector growing in petrochemical testing

The trace chemical detectors are widely used in the petrochemical testing for trace and ultra-trace level analysis. The trace chemical detectors for petrochemicals tested include the complete complex range of hydrocarbon based chemicals resulting from petroleum, biomass, coal, and natural gas. Primary petrochemicals detection includes synthesis gas, olefins, and aromatics. In recent years, rapid adoption of trace chemical detectors is witnessed in the petrochemicals industry.

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Adoption of trace chemical detectors by airport security operators surging

In past few years, high demand for trace chemical detectors is being witnessed at airports or public places for the detection of hazardous substances. Owing to increasing instances of terrorist attacks and frequent threats, detection of trace chemicals has become mandatory at these places. Along with that, trace chemical detectors are commonly used for public safety, at airports and other areas, for detection of possible explosives, narcotics and chemicals. In addition to this, the trace chemical detectors are also adopted in the military for detection of harmful or toxic substances.

The trace chemical detectors detect and provide indication of any solid, gaseous, liquid, or chemicals that include nerve gas, intense agents, or any other substances intended to kill or injure mob.

Trace Chemical Detector Market: Segmentation

The global trace chemical detector market has been segmented on the basis of test type, sample type, end use, and region.

The segmentation on the basis of Test type:

Elemental Trace Analysis

Contamination Analysis

Trace Metals Analysis

Chemical Composition Analysis

The segmentation on the basis of sample type:

Metals

Composites

Ceramics

Alloys

Polymers

The segmentation on the basis of end use:

Forensics

Medical

Airports

Military

Government Agencies

Trace Chemical Detector Market: Company Landscape

Some of the prominent key players in the global trace chemical detector market are TeknoScan Systems, Intertek, NSL Analytical, G2 Consultants, ITA Labs, Element Materials Technology, Exyte Technology, LGC Group, JFE Techno-Research, Materion, UT2A, Complife Group, Laboratory Testing, and Ashland.

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Trace Chemical Detector Market: Regional Overview

On the basis of geography, North America is expected to capture a sizeable share of the trace chemical detector market value owing to increasing number of laboratories, research and development centers, and forensics departments in the region.

The adoption of the trace chemical detector in North America is comparatively higher than other regions. Market share of North America is followed by the countries in Asia Pacific Excluding Japan. The countries in Asia Pacific Excluding Japan, such as China and India, owing to increase in the chemical and petroleum industries. The adoption of the trace chemical detectors in Asia Pacific Excluding Japan is thus increasing rapidly, fuelling the growth of the trace chemical detector market in the region.

In European countries, such as Germany, France, and the UK, adoption rate of the trace chemical detector is relatively higher that can be attributed to the expansion of medical sector and growth of the forensics department. In MEA, the adoption rate of the trace chemical detector is moderate, due to increasing government investments in the power plants, chemical industries, petroleum, and oil and gas industries. These factors are potentially fuelling the demand for the trace chemical detectors market across the globe during forecast period at high CAGR.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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