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2021
Moisture Analyzer Market

Moisture Analyzer Market: Global Opportunity Analysis and Industry Forecast, 2020-2027

A10894
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Dec 2021 | 235 Views
   
Author(s) : Onkar Sumant
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COVID-19

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Moisture Analyzer Market Outlook - 2027

Moisture content plays an essential role in determining the quality as well as processing of various materials and help to control the optimum use of raw materials, thereby ensuring superior quality finished products in several manufacturing or other industries such as chemical, petro-chemical, animal fodder, food, beverage, construction materials, biopharmaceutical products, etc. As a result, it is crucial to detect the appropriate quantity of moisture content in a product as it affects its shelf life and quality. Moisture analyzer are the devices that work on the basis of sensors that measure temperature as well as humidity. Moisture analyzers are of crucial importance in measurement of climate, as it is important for storage and processing of raw materials, semi-finished, additives, or finished products. These devices work by putting a sample of the material that needs to be tested in a chamber and that sample is heated continuously. The moisture analyzer system comprises of weighing system, heating unit, optional printer, display and control unit, and maybe be powered by AC power supply or a battery. 

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

Equipment Type, Analyzing Technique, Industry Vertical and Region

  Regions covered

•             North America (U.S., Canada, Mexico)

•             Europe (France, Germany, UK, Italy, Spain, Rest of Europe)

•             Asia-Pacific (Japan, China, India, Australia, South Korea, Rest          of Asia-Pacific)

•             LAMEA (Brazil, South Arabia, South Africa, Rest of LAMEA)

Companies covered

Thermo Fisher Scientific, Michell Instruments, Mettler-Toledo International, SpectraSesnsors, Arizona Instrument, General Electric, Sartorius, Kett Electric Laboratory, Mitsubishi Chemical and Adam Equipment.

 

COVID – 19 scenario analysis: 

  • The COVID-19 pandemic has emerged as a humanitarian as well as economic crisis, creating strain on the society and affecting millions of people and businesses
  • Industry closures and people are asked to stay in their homes which has cause taken a huge toll in terms of money and economic growth
  • Over 4 million people affected globally, with 300 thousand losing their lives due to SARS-CoV-2
  • Healthcare organizations are already working in battle mode, preparing new plans to respond growing COVID-19 patients, right from sourcing rapid diagnosing kits to sufficient PPE kits for workers
  • Due to diversion of medical field towards treating COVID-19, the funding to R&D activities related to moisture analyzers has been reduced and this segment have to face negligence subsequently causing negative impact on moisture analyzers market

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

The moisture analyzers market is on set to witness significant growth in the foreseeable future owing to factors including rising industrial venture and growing demand for automated processes leading to surge in demand for moisture analyzer, technological developments increasing the adoption rate and applicability across various industries, arising awareness regarding shielding of industrial equipment for enhanced performance. Furthermore, with adoption of automated products in manufacturing processes across several industry verticals has soared the demand for moisture analyzers systems. In healthcare industry, it is crucial to retain consistency, and product stability. Moisture content in biologics and pharmaceutical products significantly affects the crystal structure, powder flow, chemical stability, dissolution rate, permeability, lubricity, and polymer film permeability as well. Strict regulatory guidelines to maintain the superior standards of drugs, consumables, edible products by retaining appropriate moisture content would help in the growth of global moisture analyzer market in food and beverages industry as well.

On the contrary, dearth of well-trained personnel for developing and operating advanced moisture analyzers systems along with reliability and stability issues pertaining the use of these moisture content measuring systems would deter the market growth. 

However, favorable factors like wide applicability of these systems across various industry verticals and growing untapped markets in Asia-Pacific region would offer significant growth opportunities for this market.

Technological advances to flourish the market

Technological advancements in the field of moisture analyzers in order to enhance the reliability will help adoption of these moisture analyzer systems. Emphasis of market players on extensive research and development activities for development of innovative and novel products will positively impact the business growth. For example, Mettler-Toledo launched HE53 halogen moisture analyzer, which is marketed as a no-frills, instrument attributed with ease in operation that provides rapid moisture content measurement and analysis. Similarly, introduction of novel products like SMART Q, an advanced second-generation moisture analyzer that features  use of infrared technology, that facilitates quick and reliable moisture analysis will help the market growth. Growing usage of near-infrared technology that also measures the absorbance and reflectance of light to provide precise level of moisture content. The implementation of near-infrared technology is being utilized in various industries including food processing, chemical, pharmaceuticals, packaging and others. Integration of this technology with moisture analyzers will increase accuracy of the analysis which will further flourish the global market. 

North American region dominates the market 

North America is expected to lead the moisture analyzers throughout. The dominance is due to factors like presence of several industries including food and beverages, chemical, packaging and pharmaceuticals utilizing moisture analyzers and higher adoption of technology in the region. Drastic rise in healthcare expenditure, optimal levels of awareness regarding automated processes, availability of a well-developed infrastructure and strong foothold of major industry players are the other factors fostering the market in the near future.

Key segments:

Segments

Sub-segments

  Equipment Type

  • Tabletop
  • Handheld
  • In-line

  Analyzing Technique

  • Loss on drying (LoD)
  • Capacitance
  • Karl Fischer titration
  • Drying oven
  • Near-infrared
  • Microwave
  • Radio frequency
  • Others

  Industry Vertical

  • Plastic and Polymer
  • Pharmaceuticals
  • Chemical and Petroleum
  • Food and Beverage
  • Textile
  • Construction Materials
  • Water Treatment
  • Semiconductor
  • Metal and Mining

  Region

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

 

Key benefits of the report:

  • This study presents the analytical depiction of the global moisture analyzer market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global moisture analyzer market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global moisture analyzer market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global moisture analyzer market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the Moisture Analyzers Market research report:

  • What are the leading market players active in the moisture analyzers market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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