Press release
Rheometer & Viscometer Market Size by Top Leading Key Players, Growth Opportunities, Incremental Revenue, Trends, Outlook and Forecasts to 2025
ReportsnReports provides in depth study of "Rheometer & Viscometer" Market using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organisation. The Rheometer & Viscometer Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organisation such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organisation.The global Rheometer & Viscometer Market is expected to witness a promising growth in the next few years. The rising level of competition among the leading players and the rising focus on the development of new products are likely to offer promising growth opportunities throughout the forecast period. The research study on the global Rheometer & Viscometer Market offers a detailed overview, highlighting the key aspects that are expected to enhance the growth of the market in the near future. The key segmentation and the competitive landscape of the market have also been mentioned at length in the research study.
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“The rheometers and viscometers market is projected to grow at a CAGR of 4.0% during 2018–2023.”
The global rheometers and viscometers market is projected to reach USD 878.6 million by 2023 from USD 721.5 million in 2018, at a CAGR of 4.0%.The demand for rheometers and viscometers across key markets is majorly driven by factors such as technological advancements in rheometers and viscometers; expansion of petrochemical and material manufacturing industries; growing stringency of the regulatory framework for product safety compliance in cosmeceutical, biotechnology, and pharmaceutical industries; rising public-private investments to support product innovation; and increasing burden of target diseases globally. However, the high cost of advanced rheometer andvisco meter platforms is expected to restrain the growth of this market during the forecast period.
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“Rheometers to register the highest growth during the forecast period.”
On the basis ofproduct, the rheometers and viscometers market is segmented into rheometers (dynamic rotational rheometers, torque rotational rheometers, capillary rheometers, capillary rheometers, oscillatory rheometers, high-throughput rheometers, and other rheometers) and viscometers (process viscometers, capillary viscometers, rotational viscometers, and other viscometers). The rheometers segment is expected to register the highest CAGR during the forecast period. This can be attributed to the increasing adoption of rotational viscometers among petrochemical, pharmaceutical, biotechnology, and cosmeceutical manufacturers and presence of globally standardized protocols for device usage across specific applications.
“Asia Pacific market to witness the highest growth rate during the forecast period.”
The rheometers and viscometers market, by region, is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The APAC market is projected to register the highest CAGR during the forecast period. This can be attributed to factors such as the modernization & expansion of healthcare infrastructure across key APAC countries, increasing research & development activities, and rising adoption of rheometers & viscometers in the region (owing to the increasingly localized product manufacturing and strengthening of the distribution network of key product manufacturers).
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Breakdown of Supply-side Primary Interviews
By Company Type: Tier 1: 25%, Tier 2: 30%, and Tier 3: 45%
By Designation: C-level: 26%, Director-level: 30%, and Others:44%
By Region: North America: 34%, Europe: 26%, APAC: 23%, and the RoW: 17%
The global rheometers and viscometers market is competitive, with a large number of global and local players. In 2017, the market was dominated byBrookfield Engineering Laboratories (US), Anton Paar (Austria), Spectris (UK), and Waters Corporation (US). Product launches, market expansions, strategic mergers, and agreements were the major strategies adopted by market players to achieve growth in the market.
Research Coverage
This report studies the rheometers and viscometers market based on product, sample type, and end user. The report also studies factors impacting market growth, such as drivers, restraints, opportunities, and challenges. It analyzes opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their individual growth trends, prospects, and contributions to the total market. The report forecasts the revenue of the market segments with respect to four main regions.
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