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Moisture Analyzer Market Size
- Report ID: GMI3908
- Published Date: Apr 2022
- Report Format: PDF
Moisture Analyzer Market Size
Moisture Analyzer Market size exceeded USD 1.6 billion in 2021 and is estimated to witness a 5.9% CAGR through 2028 owing to the rising process automation leading to notable demand for moisture analysis, technological advancements, and the need for longer lifespan & maintenance-free products among others. The adoption of highly precise products and growing innovation are projected to stimulate the industry revenue positively in the coming years.
The demand for portable equipment is expected to increase owing to significant applications in a real-time environment, for the detection of the percentage of a particular moisture component. The developments in instrumental techniques such as Karl Fischer titration, near-infrared, etc. concerning safety test procedures will spur the business growth positively.
| Report Attribute | Details |
|---|---|
| Base Year: | 2021 |
| Moisture Analyzer Market Size in 2021: | USD 1,633.2 million |
| Forecast Period: | 2022 to 2028 |
| Forecast Period 2022 to 2028 CAGR: | 5.9% |
| 2028 Value Projection: | USD 2,448.3 million |
| Historical Data for: | 2017 to 2021 |
| No. of Pages: | 170 |
| Tables, Charts & Figures: | 207 |
| Segments covered: | Equipment Type, Technique, Application, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Moisture analyzers are also known as moisture balance or moisture meters that perform a significant role in the analysis of the moisture content of a sample. This equipment commonly consists of weighing and heating units. The moisture analyzers are widely adopted among several verticals such as pharmaceuticals, research & academics, food & beverage, etc.
However, stability and reliability issues related to moisture analyzers may hamper the industry growth. Precise analysis is an important factor as is considered crucial thus, insufficiency or inaccuracy in moisture analysis can lead to inappropriate outcomes resulting in certain other complications. Unfavourable temperature condition also has an impact on the instrument's electrolysis time, speed, reliability, and stability.
In some devices, the sudden temperature rise may cause the reagent to become volatile, resulting in its loss. In a few cases, variables such as incorrect adjustment of the heating unit, mechanical defects in the weighing unit, wrong sample preparation, or other operator errors also cause stability and reliability issues. Although, several industry players are emphasizing incorporating innovative approaches to attain highly accurate moisture testing to minimize the above-mentioned disadvantages associated with moisture analyzers.
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Moisture Analyzer Market Scope
