The distillation analyzer market is likely to record a strong CAGR during the forecast period.
Distillation analyzer is largely used in products like jet fuel, diesel products, biofuel, solvents, aromatics, and organic liquid. It also involves the distillation process of separating the elements or substances from various liquid mixtures with the help of selective boiling and condensation. The usage in these many industries is raising the demand for distillation analyzers.
The pharmaceutical industry is also pushing the sales of distillation analyzers as it is substantially used in pharmaceutical manufacturing units to test the distillation properties of various chemicals, organic liquids, and solvents. As the pharmaceutical market grows and sets up new manufacturing units in new regions after the advent of covid-19, the demand for distillation analyzers also rises and is expected to hold a large market portion in the forecast period.
Another factor that drives the demand for distillation analyzers is their user-friendly mechanism that allows end-users to use features like true atmospheric distillation, built-in pressure sensors, automatic temperature control, automatic barometric correction, and extensive connectivity. The increasing need for distillation tests of new products, especially for petroleum products, is going to enhance the sales of distillation analyzers.
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Distillation analysis requires accurate and reliable testing results to correlate with the various testing standards such as ASTM D86, ASTM D850, ISO 3405, IP 123, and IP 195. For instance, ASTM D86 is a standard test method for the distillation of petroleum products and liquid fuels.
Technological advancements such as full automation in distillation analysis, portability, and Remote access via the Internet ultimately ease the process of distillation analysis. Easy operating and accurate distillation testing results due to technological advancement are vital factors that are boosting the distillation analyzer market growth.
Increasing adoption of compact, portable, and lightweight distillation analyzers in industries such as petroleum and pharmaceutical industries is projected to drive the distillation analyzer market significantly. Advantages such as distillation analysis of minute samples and distillation of a broad portfolio of products at different temperatures boost the distillation analyzer growth considerably.
On the other hand, the High prices of advanced distillation analyzers when compared to conventional distillation analyzers are one of the restraints hampering the growth of the distillation analyzer market.
On the basis of geography, the North American region is expected to capture a considerable distillation analyzer market share of the market over the forecast period.
Factors such as technological development and the rapidly growing pharmaceutical industry in this region are boosting the growth of the distillation analyzer market. Furthermore, Moderate oil production in countries such as Russia, Norway, and the United Kingdom is ultimately fuelling the distillation analyzer market share in the Europe Region.
The sales of the distillation analyzer market in the Asia Pacific are expected to witness a high growth rate during the forecast period owing to the rapid growth in industries such as Agriculture and Food Industries.
Increasing demand for distillation analysis in the agriculture industry, especially in countries such as China and India, is driving the distillation analyzer market in the Asia Pacific excluding the Japan region.
On the other hand, countries such as Saudi Arabia and Iraq are some of the leading oil producers, require constant distillation testing of petroleum products. Increasing sales of distillation analyzers for distillation analysis in the Middle East and Africa Region is propelling the market growth of the distillation analyzer.
The competitive landscape of the distillation analyzer market is dynamic in nature as competitors form their strategies focusing on easy design and launch properties.
Key players holding substantial distillation analyzer market share include AMETEK Inc, BARTEC, Icon Scientific Limited, Anton Paar GmbH, Koehler Instrument Company Inc, Acute Instruments Private Limited, and VELP Scientifica.
Report Attribute | Details |
---|---|
The base year for estimation | 2021 |
Historical data | 2015 to 2020 |
Forecast period | 2022 to 2032 |
Quantitative units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
Segments covered | Technology, Modularity, End Use |
Regional scope | North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia; Australia; and New Zealand |
Country scope | USA, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, United Arab Emirates, Iran, South Africa |
Key companies profiled | AMTEK Inc; BARTEC; Icon Scientific Limited; Anton Paar GmbH; Koehler Instrument Company Inc; Acute Instruments Private Limited; and VELP Scientifica |
Customization scope | Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
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Automatic distillation analyzer is the biggest segment in the distillation analyzer market and is expected to hold a big portion of the market in the forecast period. This leads to a high demand for distillation analyzers.
Key players holding substantial distillation analyzer market share include AMETEK Inc., BARTEC, Icon Scientific Limited, Anton Paar GmbH, Koehler Instrument Company Inc., Acute Instruments Private Limited, and VELP Scientifica.
Demand for distillation analyzers is likely to rise as awareness about distillation analyzer products and their increased use in the pharmaceutical industry. These factors are going to increase the sales of distillation analyzers.
Estimated Size, 2025 | USD 7.9 billion |
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Projected Size, 2035 | USD 13.6 billion |
Value-based CAGR (2025 to 2035) | 5.6% |
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