X-ray Fluorescence (XRF) Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

and India X-ray Fluorescence (XRF) Market Size
The global X-ray Fluorescence (XRF) revenue was US$ 741 million in 2022 and is forecast to a readjusted size of US$ 1032.8 million by 2029 with a CAGR of 4.8% during the forecast period (2023-2029).

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and India X-ray Fluorescence (XRF) Market
X-ray Fluorescence (XRF) refers X-ray fluorescence spectrometer, it is an x-ray instrument used for routine, relatively non-destructive chemical analyses of rocks, minerals, sediments and fluids. It works on wavelength-dispersive spectroscopic principles that are similar to an electron microprobe (EPMA). However, an XRF cannot generally make analyses at the small spot sizes typical of EPMA work (2-5 microns), so it is typically used for bulk analyses of larger fractions of geological materials. The relative ease and low cost of sample preparation, and the stability and ease of use of x-ray spectrometers make this one of the most widely used methods for analysis of major and trace elements in rocks, minerals, and sediment.
In India, the X-ray Fluorescence (XRF) revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
The major players in global X-ray Fluorescence (XRF) market include SPECTRO, BRUKER, Thermo Scientific, etc. The top 3 players occupy about 40% shares of the global market. Asia-Pacific and Europe are main markets, they occupy about 60% of the global market. Portable X-ray Fluorescence is the main type, with a share about 40%. Metallurgical Industry and Mining Industry are main applications, which hold a share over 50%.

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Segment by Type
• Handheld X-ray Fluorescence
• Portable X-ray Fluorescence
• Lab X-ray Fluorescence

Segment by Application
• Metallurgical
• Mining
• Petroleum
• Cement
• Others

By Company
SPECTRO, Shimadzu, BRUKER, Thermo Scientific, HORIBA, Olympus Innov-X, Hitachi-Hightech, Oxford-Instruments, BSI, Panalytical, AppliTek, Seiko Instruments, Jiangsu Skyray Instrument, DFMC, LAN Scientific, EWAI, Cfantek, Beijing Anchor Wisdom Technology

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