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2023 Global Positive Material Identification Market Size, Share, Growth, And Forecast To 2032
Positive Material Identification Market Report
Positive Material Identification Market Size, Growth Rate, And Forecast:
The global positive material identification market size is expected to grow from $2.66 billion in 2022 to $2.88 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The positive material identification market is expected to grow to $3.86 billion in 2027 at a CAGR of 7.6%.
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Positive Material Identification Market Drivers:
The growing oil & gas industries are expected to propel the growth of the positive material identification (PMI) market. The oil & gas industry is concerned with hydrocarbon exploration, data collection, development, drilling, production, gathering, refining, distribution, and transportation. In the oil and gas industries, the PMI is used for quality control and safety compliance and is a crucial component of production and asset integrity management.
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Positive Material Identification Market Segments
•By Offering: Equipment and Services
•By Form Factor: Portable Analyzers, Benchtop Analyzers
•By Technique: X-Ray Fluorescence (XRF), Optical Emission Spectrometry (OES)
•By Industry: Oil and Gas, Metals and Heavy Machinery, Automotive, Chemicals, Power Generation, Pharmaceutical
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the positive material identification market.
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Positive Material Identification Market Key Players:
Major competitors in the positive material identification market include Olympus Corporation, Thermo Fisher Scientific Corporation, Bruker Corporation, Hitachi Ltd., Ametek Inc., Malvern Panalytical, SGS S.A., Bureau Veritas, Intertek Group plc., Applus+, Shimadzu Corporation, TÜV Rheinland, TÜV SÜD America, SciAps Inc., and Tribogenics Inc.
The Business Research Company's "Global Positive Material Identification Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Positive Material Identification Market Include:
1. Executive Summary
2. Positive Material Identification Market Characteristics
3. Positive Material Identification Market Trends And Strategies
4. Positive Material Identification Market - Macro Economic Scenario
5. Positive Material Identification Market Size And Growth
....
26. Africa Positive Material Identification Market
27. Positive Material Identification Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Positive Material Identification Market
29. Positive Material Identification Market Future Outlook and Potential Analysis
30. Appendix
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