Grease Analyzer Market

Grease Analyzer Market Snapshot (2022 to 2032)

The global grease analyzer market size is projected to reach USD 11.8 Billion in 2022 and USD 15.4 Billion in 2032. The market is anticipated to exhibit steady growth at a CAGR of 7.9% in the forecast period from 2022 to 2032.

Increasing need to maintain the quality of ground and surface water for ensuring safety of people is expected to drive sales of grease analyzers in the forthcoming years. Ability of grease analyzers to deliver reliable and accurate testing results in the decision making process in fields is also likely to boost growth.

Report Attribute	Details
Grease Analyzer Market Estimated Base Year Value (2021)	USD 10.5 Billion
Grease Analyzer Market Expected Market Value (2022)	USD 11.8 Billion
Grease Analyzer Market Anticipated Forecast Value (2032)	USD 15.4 Billion
Grease Analyzer Market Projected Growth Rate (2022-2032)	7.9% CAGR

Increasing concerns regarding high oil and grease content in water across the globe is set to fuel the market in the assessment period. Grease analyzer is referred to as a novel device that is used for on-site and laboratory analysis of FOG/TOG/TPH in both soil and water applications.

The emergence of various innovative products globally, such as portable grease analysis kit for usage in the field is another crucial factor that would push the demand for grease analyzers in future. These kits are considered to be very useful in field decision-making processes.

Besides, portable grease analyzers do not need harmful chemicals and special training for performing the test. These enable evaluation of the suitability of certain greases in numerous applications.

Portable grease analyzers also help in providing in-depth information about the root cause of the issue. As per real-time conditions, these can initiate adjustment of grease relubrication intervals and prevent damage occurring because of underperforming lubricant greases.

Increasing Contamination of Surface Water to Push the Global Grease Analyzer Market

Increasing usage of surface water for several purposes, such as sanitation, electricity generation, irrigation, and drinking is projected to augment the global grease analyzer market growth during the assessment period. Excess amounts of oil and grease can adversely affect and lower the quality of surface water.

Thus, usage of grease analyzers is set to surge at a rapid pace worldwide to maintain and monitor the quality of water by evaluating the amount of grease and oil in it.

Moreover, increasing discharge of industrial wastewater can reduce the quality of surface and river water. It is expected to further lead to high competition among key players to enhance their water and wastewater treatment networks.

Demand for new water & wastewater treatment equipment, including grease analyzers in the municipal and industrial applications is another vital factor that would aid growth.

High Cost of Water Treatment Process May Hinder the Grease Analyzer Market

Wastewater treatment requires certain skills and expertise. The treatment process is capital intensive owing to the usage of a few components to check various factors, such as efficiency of construction materials, required degree of purity, water quality, and flow rates.

The content of the effluent stream which needs to be treated and chemical compositions are also expensive. High number of steps are required in water treatment plants with the rising number of contaminants present in water. Spurred by the aforementioned disadvantages, demand for grease analyzers may get hampered in future.

Rising Prevalence of Waterborne Diseases to Drive the Asia Pacific Grease Analyzer Market

Asia Pacific is expected to generate the largest grease analyzer market share in the evaluation period. Presence of numerous water & wastewater treatment equipment manufacturers in India, China, Japan, and South Korea is expected to drive the regional market. High demand for treated water in multiple end-use industries is also estimated to bode well for the Asia Pacific market.

Furthermore, easy availability of raw materials across Asia Pacific is anticipated to attract various international investors and manufacturers to set up their production facilities in the region. Increasing prevalence of waterborne diseases in emerging economies is projected to boost the need for clean drinking water.

As per the India Water Portal, annually, nearly 1.5 million children die of diarrhoea, 37.7 million people are affected by waterborne diseases, and 73 million working days are lost. The loss of working days further leads to an economic burden of approximately USD 600 million a year.

These numbers are expected to grow at a fast pace with rapid urbanization and the lack of sanitation facilities in remote areas, thereby propelling the need for grease analyzers.

Surging Wastewater Treatment Practices to Augment the North America Grease Analyzer Market

North America is estimated to remain in the second position in terms of market share during 2022 to 2032. Sales of grease analyzers in the USA and Canada are expected to grow because of the presence of a well-established industrial sector in the countries. Rising implementation of strict norms by government bodies to protect the environment from pollution is also set to foster the regional market.

In addition to that, booming packaging, consumer goods, food, and power industries in North America is projected to spur the need for clean water. Rising practice of wastewater treatment to meet the specific water quality requirements of planned reuse is another crucial factor that would accelerate the North America market.

Market Competition

Some of the leading companies operating in the grease analyzer market include Filtroil, Labtron, CYCP Oil Analyzers LLC, AMETEK Inc., Arjay Engineering, and SKF among others.

Increasing number of wastewater treatment plants across the globe is likely to create new growth opportunities for key players present in the market. They are striving to develop cutting-edge grease analyzers for the water and wastewater treatment sector to facilitate waste, ground, and surface water analysis.

A few other key players are focusing on introducing novel features in their products, such as no limit for particle contamination or viscosity, rapid result testing, and easy sample interface to attract more customers.

Report Scope

Report Attribute	Details
Growth Rate	CAGR of 7.9% from 2022 to 2032
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, Trends and Pricing Analysis
Segments Covered	Modularity, End Use, Region
Regions Covered	North America; Latin America; Western Europe; Eastern Europe; APEJ; Japan; Middle East and Africa
Key Countries Profiled	USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa
Key Companies Profiled	Filtroil; Labtron; CYCP Oil Analyzers LLC; AMETEK Inc.; Arjay Engineering; SKF
Customization	Available Upon Request

Key Segments Profiled in the Grease Analyzer Industry Survey

By Modularity:

• Handheld
• Potable
• Tabletop

By End Use:

• Petroleum
• Food
• Waste Water
• Others

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East and Africa

Frequently Asked Questions

What is the sales forecast for grease analyzers in the global market until 2032?

The global grease analyzer market is set to surpass USD 15.4 Billion in 2032.

Which region is set to lead the grease analyzer market?

Asia Pacific is set to lead the grease analyzer market in the forecast period.

Which are some of the renowned companies in the grease analyzer market?

Filtroil, Labtron, CYCP Oil Analyzers LLC, AMETEK Inc., Arjay Engineering, and SKF are some of the renowned companies in the grease analyzer market