Global Rheometer Market Size To Grow At A CAGR Of 5.0% In The Forecast Period Of 2023-2028

The 'Global Rheometer Market Price, Size, Share, Report and Forecast 2023-2028' by Expert Market Research gives an extensive outlook of the global rheometer market, assessing the market on the basis of its segments like types, applications, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter's Five Forces Models.

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The key highlights of the report include:

Market Overview (2018-2028)

Forecast CAGR (2023-2028): 5%

The analysis of the physical characteristics of a liquid or solid food product is essential to facilitate the production of a new product. This analysis is carried out using a rheometer which is a major factor driving the demand for this product. The thriving food and beverage industry owing to the increasing population and growing per capita income across the developing regions are leading to the rampant manufacturing of packaged foods, thereby, propelling the rheometer market.

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Over the forecast period, the torque rheometer segment is anticipated to witness a remarkable demand owing to the heightening application of PVC compounds in various end use industries including healthcare, and automotive, among others. A torque rheometer is considered ideal to measure the characteristics of PVC compounds.

Meanwhile, the increasing applications of rheometers in the quality assurance of cosmetics is another crucial driving factor of the rheometer market. Rheological parameters in the personal care industry help increase the quality of end products which are leading to a heightened deployment of rheometers in this industry.

In terms of regions, the Asia Pacific accounts for significant share in the rheometer market. The flourishing end use industries of the product, including food and beverage, pharmaceutical, and personal care and cosmetics, etc., is driving the market growth in the region. In addition, the strong presence of rheometer manufacturers and suppliers, across emerging economies such as India and China, is likely to increase the accessibility of the product in the region, thereby aiding the market.

Rheometer Industry Definition and Major Segments
Rheometer is defined as an equipment which is used extensively in rheology. It analyses the flow of fluids, semi-solids, and solids, when put under pressure. The basic operating principles of a rheometer include controlled shear rate or controlled shear stress. This instrument is mainly used to carry out the routine measurement of liquid solutions such as surfactants which are used across various end use industries.

Based on type, the market can be segmented into:

Capillary Rheometer
Dynamic Rheometer
Torque Rheometer
Oscillatory Rheometer
High-Throughput Rheometer
Others

The rheometer market can be broadly categorised based on application into:

Food and Beverage
Paints and Coatings
Polymers
Pharmaceuticals and Cosmetics
Petrochemicals
Others

On the basis of region, the market can be categorised into:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Rheometer Market Trends

Rheometers are gaining traction in the drug production processes as it enables efficient monitoring of raw materials used in medicine production to increase drug efficacy. In this regard, the growing research and development activities in the pharmaceutical sector owing to the increasing prevalence of chronic diseases are key trends in the rheometer market.

Rheology is critical in the manufacturing of paints and coatings as it identifies anti-settling and sag resistant properties, enhancing the quality of packaging. Over the forecast period, the anticipated increase in investments in urban development projects and commercial infrastructure enhancements across the emerging economies are likely to be the other major trends in the market.

Moreover, the heightening usage of polymers across a number of downstream products including plastic bags, fibreglass, and bearings, among others, is anticipated to be another key trend in the market.

Technological advancements in new models of rheometers are market bolstering trends which are leading to progressive product launches. These advancements include the incorporation of digital technologies in rheometers. In March 2022, AMETEK, a prominent manufacturer of electro-mechanical devices, announced the introduction of its brand new RSX rheometer developed for suave rheological analysis.

Key Market Players

The major players in the rheometer market report are:

Anton Paar GmbH
Fann Instrument Company
Biolin Scientific AB
TA Instruments
Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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