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Particle Size Analysis Market to Expand with Significant CAGR During 2016 - 2024
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Various factors contributing towards ensuring the homogeneity, along with enhancing the product consistency and quality, particle size analyzers are used to maintain fluidity and consistency of the raw material. Emergence of new techniques in determining sizes of various particles in the sample and particle size distribution is expected to fuel the growth of particle size analysis market over the forecast period.
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Increasing adoption of particle size analyzers in nanotechnology is the primary factor fueling the demand for particle size analyzers. In addition, stringent regulatory guidelines and geographic expansion of key players are the key factors responsible for escalating revenues of particle size analysis market. However, the particle size analysis market is restricted by several drawbacks of the technique. For example, dynamic imaging analysis technique does not allow particle size distribution of particles smaller than one micrometer limiting its application in one clinical area. High price of the analyzer, and lack of knowledge regarding the technique are further expected to hamper the market growth of particle analysis over the forecast period.
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Some of the major players operating in global particle size analysis market are Malvern Instruments , HORIBA, Ltd, Beckman Coulter, Inc., Microtrac, Micromeritics Instrument Corporation, Izon Science Limited, CILAS , Sympatec GmbH and Agilent Technologies, Inc. Companies are involved in collaboration agreements for R&D in order to exploit maximum potential.
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