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Increasing Demand for Calorimeters Market to Fuel Revenue Growth Through 2028

05-13-2019 02:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Calorimeters Market

Calorimeters Market

Calorimeters: Introduction

Calorimeters are devices used in calorimetry to measure the heat absorbed or given out during chemical reactions and the overall heat capacity of materials under study. Most common calorimeters types used today are accelerating rate calorimeters, isothermal titration calorimeter etc. A simple calorimeter features a thermometer that is attached to a metal container filled with water. The thermometer is suspended above a chemical combustion chamber. Calorimeters are frequently used in analysis, processing and research fields and find common applications in biochemistry, thermodynamics and chemistry domains.

Calorimeters: Market Drivers

The upgrades and advancements in the instrumentation arena are expected to propel the growth of the global calorimeters market. Availability of specialized calorimeter is also expected to facilitate the growth of the global calorimeters market. The ever-rising presence of vendors offering high quality durable calorimetric solutions is also expected to drive the growth of the global calorimeters market. Companies and governments are making huge investments in the biochemical and chemical research arenas, which is expected to be the primary driver for the global calorimeters market. High adoption rate registered by laboratories focused on thermodynamics field of research is anticipated to provide a platform for the calorimeters market to grow steadily during the forecast period. Growing usage of specialized calorimeters in automotive, aerospace, nanotechnology, biochemical and biomedical, geology and pharmaceutical industries is also expected to enable the global calorimeters market to generate a steady growth rate. The global calorimeters market is expected to grow during the forecast period due to the ever-rising demand for efficient waste-water analyzing processes and equipment and the requirement of heat value detection of materials in industries, such as petrochemical. The advancements in oil and gas, chemical and coal industries are estimated to have a positive influence over the global calorimeters market.

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Calorimeters: Market Segmentation

With regards to the specialization, the global calorimeters market can be segmented into:
Adiabatic
Reaction
Constant Flux
Power Compensation
Heat Balance
Heat Flow
Isothermal Titration
Differential Scanning
Constant Pressure
Calvet Type
Bomb Calorimeters

Rising demand for differential scanning and bomb calorimeters during the forecast period is expected to boost the growth of the calorimeter market. Bomb calorimeters feature various advantageous characteristics, such as process convenience, measurement accuracy and quick output generation. These features are expected to enable the bomb calorimeter segment to generate the highest growth rate in the global calorimeters market during the forecast period. The differential scanning segment is also expected to observe significant growth rate owing to the ability of differential scanning calorimeters to measure transition temperatures and a broad range of cooling and heating ranges.

Calorimeters: Key Market Players

Few of the major players operating in the global calorimeters market include Hanna Instruments, Inc.; TA Instruments; METTLER TOLEDO; Shimadzu Corporation; Setaram Instrumentation (trademark of KEP Technologies Group); Parr Instrument Company; NETZSCH Instruments, Inc.; Yokogawa Electric Corporation; ABB; Malvern Panalytical Ltd (a Spectris company); and Swan Analytische Instrumente AG, among others.

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Calorimeters: Regional Market Outlook

High presence of vendors operating in calorimeters market in North America is the primary driver for the growth in calorimeters market in the region. Currently, North America holds the largest share in the global calorimeters market. The governments of Asia Pacific economies are making huge investments in the field of instrumentation engineering and this factor is expected to boost the growth of the  calorimeters market in the region during the forecast period. The market in the Asia Pacific region is expected to register highest growth rate during the forecast period owing to the increasing demand for efficient water and waste-water treatment plants in countries, such as China and India. The calorimeters markets in Latin America and the Middle East and Africa are also expected to register strong growth rates during the forecast period due to the ever-rising adoption of calorimeters for environmental research purposes. The high presence of oil and gas industries in the Middle East and Africa is also expected to boost the growth of the concerned calorimeters market in the region.

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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