Revenue generated in the testing and certification agency segment of the rheometers market increased at a robust 11.5% year over year in 2021. As per Future Market Insights (FMI), demand in the Industrial segment increased by 8.6% between 2020 and 2021, facilitating the combined Rheometer markets year-over-year growth at 9.3% in 2021.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Rapid industrialization and increasing investments for precise industrial equipment sector in developing counties will enable the Rheometers market growth at 12% CAGR during the forecast period 2021 to 2031. Whereas between 2016 and 2020, the global Rheometers Market expanded at a CAGR of over 3.8 %.
Along with the rapidly growing industrial sector, awareness about product safety is increasing among customers. This is compelling manufacturers to strictly follow the regulatory frameworks, especially in pharmaceutical and cosmeceutical sector. Also, this regulatory frameworks on country level in respective industries is expected to create plenty of opportunities for the market growth.
Capillary Rheometer have emerged as a top choice across diverse industries. This is expected to enable growth in the market in the coming years.
Leading manufacturing companies are focusing on product development and advancement by highly investing in research & development (R&D) activities. They also are expanding their geographical presence through participating in merger & acquisition.
It has been observed that offline sales channel is driving the demand for Rheometer since of the leading manufacturers have tied up with various institutions. Coupled with this, the market is expected to gain from the increasing demand for rheometer for research in laboratories and testing agencies.
Principal Consultant
The high installation cost associated with the rheometer is one of the major factors restraining the growth of the Market. Also, expert guidance is highly required during the installation of the equipment for the efficient operation of systems as per the application’s requirements.
Therefore, technical support should be pursued in order to achieve desired result whenever required. Hence, requirement of skilled labor force to operate the equipment effectively and high investment cost in setting up rheometers are expected to act as barriers to growth of the Rheometers Market.
North America is expected to hold dominant share during the forecast period, according to Future Market Insights (FMI). According to the study, the USA is expected to account for nearly 50% of the North America market through 2031.
The USMCA, a new agreement between the USA, Mexico, and Canada that replaces NAFTA, will provide benefits to businesses in the North America market. The country is home to some of the leading market participants like Thermo Fischer Inc, Ametek Inc, ITW Instron and TA Instruments which are playing key role in fueling the growth of the Rheometers Market over the forecast period.
Furthermore, the USA remains one of the world's largest markets for industrial equipment, making it a lucrative market for Rheometer manufacturers. In addition, expansion of the end-use sectors such as building & construction, petrochemical industries and polymer & rubber industries in the USA is expected to drive demand growth during forecast period.
Demand in the Germany market is expected to rise at nearly 7.1% CAGR over the forecast period. Owing to its industrial expansion and technological developments, Germany is considered the world’s fourth largest economy and one of the largest machinery producing nations.
Also, Germany has the most elevated level of expenditure, excellent levels of productivity, a highly qualified labor force, high-quality engineering, good infrastructure, and has access to other markets in Europe due to convenience of a central location.
As per the report, the Germany is recognized as a primary market, and it is expected to continue exhibiting high demand for Rheometer through the forecast period. Moreover, rising research activities, presence of several major players, and growing industrial sectors in the nation are creating attractive opportunities for Rheometers Market in the country.
China's position as a global industrial powerhouse is a primary factor driving the expansion of industrial sectors. This is creating the lucrative opportunities for the market growth of rheometer.
China is one of the world’s top most manufacturers and consumers of industrial equipment. It is expected to account nearly for 40% of Rheometer sales within East Asia throughout the forecast period.
China is global provider of high tech solutions owing to its competitive advantage to address the rising demand of their customers, industrial expansion in the country and its continuous investments in manufacturing to increase the production. Shift of manufacturing industry from Europe to China as a consequence of low cost manufacturing capabilities will also pave a strong growth in the market.
In 2021, India will account for nearly 25% sales in South Asia & Pacific. Various engineering industries are making considerable progress in manufacturing precision instruments and electronic equipment in countries like India owing to the government initiatives like Make in India, and Invest in India.
This is anticipated to facilitate the development of India's industrial sector. These developments also will present attractive opportunities for Rheometers sales in the country.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
In polymer melting process, capillary rheometer has its origins. However, it is also directly relevant to many other material processes such as high speed coating and printing applications as it enables material flow and deformation properties to be characterized under conditions of high pressure, high shear rate and at elevated temperature.
Therefore this segment holds dominant share in the global market. Equipment based Capillary Rheometer account for nearly 40% of the market by 2031.
The offline segment is estimated to hold highest share in the Rheometers Market. In 2020, offline segment accounted for 60% of sales in the market. To an extent, sales via offline channels were facilitated by collaborations and partnership between manufacturers and institutional laboratories, as the latter purchased rheometers in bulk quantities.
According to the research, the industrial sector is projected to hold maximum share as compared to testing & certification agencies over the forecast period. In industrial segment, the polymer & rubber industry is expected to contribute maximum revenue share which is more than 15% in the global Rheometers Market owing to growing usage of polymer instead of plastic.
Companies operating in rheometers market are aiming at expanding their product range for precise applications for which they are investing huge in R&D activities. Also manufacturers are targeting end users by providing customized products for specific application which is enhancing their market share. Companies are focusing on strategic collaborations and partnerships with other manufacturers to expand their product manufacturing capability and to meet the increasing demand of their customer base.
| Attribute | Details |
|---|---|
| Forecast Period | 2021 to 2031 |
| Historical Data Available for | 2016 to 2020 |
| Market Analysis | USD Million for Value and Units for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia & Pacific and the Middle East & Africa |
| Key Countries Covered | USA, Canada, Brazil, Mexico, Argentina, Colombia, Chile, Peru, Germany, UK, France, Italy, Spain, Russia, NORDICS, BENELUX, Hungary, Poland, Czech Republic, Switzerland, CIS States, China, Taiwan, Japan, South Korea, India, Bangladesh, ASEAN, ANZ, GCC Countries, Turkey, Israel, Iran, Nigeria, Kenya, Ghana, Northern Africa, and South Africa |
| Key Segments Covered | By Equipment type, By Sales Channel, By End User and Region |
| Key Companies Profiled | Thermo Fisher Scientific; AMETEK.Inc.; TA Instruments; Anton Paar GmbH; A&D Company; Instron Goettfert GmbH; Fann Instrument; Freeman Technology; Brabender GmbH; Cannon Instrument Company; Lamy Rheology Instruments; Shanghai Nirun Intelligent Technology Co., Ltd. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
North America is expected to dominate, accounting for 30% of the Rheometers Market in 2021.
Polymer & rubber and petrochemical industries are expected to dominate the market over the forecast period, collectively generating revenue of USD 549 Million by 2031.
Capillary Rheometers will remain top-selling product in the market, accounting for over 34.6% of revenue generated throughout the forecast period.
Some of the leading companies in the rheometers market are Thermo Fisher Scientific, TA Instruments, Anton Paar GmbH, A&D Company and others. As per FMI, over 35% of the market share is currently covered by the top 10 players.
The demand for rheometers is expected increase at 12% CAGR between 2021 and 2031.
The demand for rheometers increased at 3.8% CAGR between 2016 and 2020
The sales of rheometers will increase at 11% CAGR in North America between 2021 and 2031.
The demand for rheometers will increase at 11.9% CAGR in Europe through the assessment period of the report.
The USA, Japan, and Germany are the key producers and exporters of rheometers.
As per FMI, Japan and South Korea will account for 6% of global rheometers sales in 2021.
1. Executive Summary 2. Market Overview 3. Key Market Trends 4. Key Success Factors 5. Global Rheometers Market Demand Analysis 2016 to 2020 and Forecast, 2021 to 2031 6. Global Rheometers Market - Pricing Analysis 7. Global Rheometers Market Demand (in Value or Size in USD Million) Analysis 2016 to 2020 and Forecast, 2021 to 2031 8. Market Background 9. Global Rheometers Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by Equipment Type 9.1. Capillary Rheometers 9.2. Oscillatory Rheometers 9.3. Rotational Rheometers 10. Global Rheometers Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by Sales Channel 10.1. Offline 10.2. Online 11. Global Rheometers Market Analysis 2016 to 2020 and Forecast 2021 to 2031, By End User 11.1. Industrial 11.1.1. Pharmaceutical 11.1.2. Industrial Oils and Lubricants 11.1.3. Paints & Coating 11.1.4. Food & Beverages 11.1.5. Petrochemicals 11.1.6. Cosmetics 11.1.7. Polymers & Rubber 11.1.8. Others (Research & Academician and Building & Construction Materials) 11.2. Testing & Certification Agencies 12. Global Rheometers Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by Region 12.1. North America 12.2. Latin America 12.3. Europe 12.4. South Asia and Pacific 12.5. East Asia 12.6. Middle East & Africa 13. North America Rheometers Market Analysis 2016 to 2020 and Forecast 2021 to 2031 14. Latin America Rheometers Market Analysis 2016 to 2020 and Forecast 2021 to 2031 15. Europe Rheometers Market Analysis 2016 to 2020 and Forecast 2021 to 2031 16. South Asia and Pacific Rheometers Market Analysis 2016 to 2020 and Forecast 2021 to 2031 17. East Asia Rheometers Market Analysis 2016 to 2020 and Forecast 2021 to 2031 18. Middle East and Africa Rheometers Market Analysis 2016 to 2020 and Forecast 2021 to 2031 19. Key and Emerging Countries for Rheometers Market Analysis 20. Market Structure Analysis 21. Competition Analysis 21.1. Thermo Fisher Scientific 21.2. AMETEK, Inc. 21.3. TA Instruments 21.4. Anton Paar GmbH 21.5. A&D Company 21.6. Instron 21.7. Goettfert GmbH 21.8. Fann Instrument 21.9. Freeman Technology 21.10. Brabender GmbH 21.11. Cannon Instrument Company 21.12. Lamy Rheology Instruments 21.13. Dynisco LLC 21.14. Shanghai Nirun Intelligent Technology Co., Ltd. 22. Assumptions and Acronyms Used 23. Research Methodology
Explore Testing Equipment Insights
View Reports
Rheometers Market
