Press release
Rheometers and Viscometers Market Size To Reach USD 1,087.57 Million By 2028 Says Reports And Data
The global rheometers and viscometers market size is expected to reach USD 1,087.57 million by 2028 at a CAGR of 4.3%, according to the latest report by Reports and Data. Steady market revenue growth is primarily attributed to technological advancements in rheometers and viscometers, rapidly surging demand among various end-use industries including pharmaceutical and biotechnology, cosmetics, and food & beverage industries, and from petrochemical refineries, and chemical and material manufacturers, and due to wide usage of these devices in research and diagnostic laboratories.Rheometers and viscometers are devices extensively used by a number of end-use industries for measuring the viscosity and rheological properties of various fluid samples such as liquids, polymers, suspensions, glass formers including silicates, slurry flows, or bodily fluids such as blood. Viscometers, on the other hand, are devices that measure and analyze the viscosity of different types of fluids. Viscometers and rheometers are widely employed in the petrochemical and food & beverage industries, as they measure the engine oil flow under different temperatures and determine the viscosity of food products such as honey, jams, and syrups. In addition, considerable investments in R&D activities in food & beverage, pharmaceutical, and cosmetics industries, rising focus on laboratory automation, and increasing demand for high-quality pharmaceutical and cosmeceutical products are other significant market growth-influencing factors. Stringent government norms regarding the quality check of food and drug products is a factor further expected to propel global market growth going ahead.
Leading companies in the global Rheometers and Viscometers market:
Thermo Fisher Scientific, Brookfield Engineering Laboratories, Anton Paar, Lamy Rheology Instruments, Cannon Instrument Company, Waters Corporation, Bartec Group, Shimadzu Corporation, Emerson, GBC Scientific Equipment Pty Ltd., Goettfert, Petroleum Analyzer Company LP (PAC LP), Spectris, Dynisco, and Hydramotion.
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Some key highlights from the report:
Based on type, the batch-release testing segment is poised to record the highest CAGR over the estimated timeframe. The dissolution testing services sub-segment is therefore expected to emerge as the most dominant, with the largest market share.
Of the various end-users, the pharmaceutical & biopharmaceutical companies segment is projected to account for the largest market share over the forecast period. The growth of this segment is mainly attributed to the growing demand for Rheometers and Viscometers among these companies to facilitate clinical trials, drug discovery, and drug development processes.
The North America region is predicted to dominate the global Rheometers and Viscometers market over the estimated period in terms of revenue. The region is home to several leading pharmaceutical companies, which is a key factor propelling the market growth in this region. Increased investments in healthcare research & development programs further bolsters the North America market growth...Continued
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For the purpose of this report, the global rheometers and viscometers market has been segmented based on product type, sample type, end-use, and region:
By Product Type (Revenue, USD Million; 2018-2028)
Rheometers
Dynamic Rotational Rheometers
Torque Rotational Rheometers
High-throughput Rheometers
Oscillatory Rheometers
Capillary Rheometers
Others
Viscometers
Rotational Viscometers
Capillary Viscometers
Process Viscometers
Others
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By Sample Type (Revenue, USD Million; 2018-2028)
Suspensions & Slurries
Resins & Coatings
Pastes & Gels
Others
By End-user (Revenue, USD Million; 2018-2028)
Pharmaceutical, Biotechnology, and Cosmeceutical Companies
Research Laboratories and Academic Institutes
Petroleum Product Manufacturers & Petrochemical Refineries
Chemical and Material Manufacturers
Food and Beverage Manufacturers
Paints & Coatings Manufacturers
Others
Based On Region: (Revenue, USD Billion, 2018 - 2028)
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Italy
Rest Of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Rest of MEA
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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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