Moisture Analyzer Market size to exceed $2.4bn by 2028

Moisture Analyzer Market size is set to surpass USD 2.4 billion by 2028, according to a new research report by Global Market Insights Inc.
 

The moisture analyzers are significant to protect & maintain product safety, quality, and efficacy throughout the shelf life that is considered a prerequisite for the acceptance and commercialization of pharmaceutical products. Owing to numerous clinical benefits offered by moisture techniques in the long run. Moisture analysis is majorly used in pharmaceutical and biopharmaceutical companies for a range of clinical trials or newly developed drugs to ensure safety & quality. Moreover, due to the increasing research volume, several research & academic institutes are focusing to employ innovative equipment for lab automation.
 

Technological advancements in moisture analyzers are anticipated to boost the market expansion

Moisture analyzer market players are emphasizing research and development activities for developing innovative products. For instance, Sartorius AG, a leading provider of cutting-edge equipment and services recently introduced the new LMA200PM moisture analyzer. This analyzer within just 40 to 120 seconds delivers precise results on the moisture content of the substance tested. This analyzer uses the loss-on-drying technique and heats the sample with microwave radiation. Ongoing advancements in moisture analyzers are further augmenting their applications in numerous industries such as pharmaceutical & biotechnology, food, agricultural, and textile industries.
 

The equipment integrated with an analytical weighing system are ensuring unrivaled precision in determining the wet and dry weights of the sample, that serves as the foundation for calculating loss on drying. Similarly, the advancements comprising the integration of innovative sensor technology that calculates moisture content & temperature in the material have surged the product success rate and are further estimated to boost the industry demand.
 

Several advantages offered by handheld moisture analyzer is predicted to fuel the market progression

Moisture analyzer market from handheld segment was valued at USD 500 million in 2021. This is owing to multiple advantages offered using handheld devices comprising greater versatility as they enable consumers to calibrate them for specific or unique applications. industry leaders are also focusing on assisting their customers with customized handheld equipment to immediately get relative moisture measurements. The increased adoption and launch of user-friendly portable moisture analyzers for use in plastic, chemical, and metal & mining industries among others are the key factors driving the business landscape.
 

Browse key industry insights spread across 170 pages with 191 market data tables & 16 figures & charts from the report, “Moisture Analyzer Market Analysis By Equipment Type (Desktop-mounted, Handheld, In-line), Technique (Karl Fischer Titration, Loss on drying (LoD), Capacitance, Near-infrared), Application (Food & Beverage, Pharmaceuticals, Chemical and Petroleum, Research & Academics, Metal & Mining, Semiconductor, Plastic & Polymer), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2028” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/moisture-analyzer-market
 

Innovations and the advent of novel technologies is poised to spur the industry statistics

Moisture analyzer market from Karl Fischer titration segment is likely to expand at 6.4% CAGR from 2022 to 2028 driven by the clinical advantages offered by these techniques such as guaranteed accurate measurements, optimal traceability, and improving analysis time. Moreover, Karl Fisher titration aids in the optimization of sample preparation & processing and avoiding time-consuming reference measurements.  The use of Karl Fischer titration analysis techniques in moisture testers is recommended to accelerate analysis time and to determine moisture content as a key criterion in supporting a process workflow.
 

Growing adoption of moisture analyzer in the pharmaceuticals sector will drive the industry outlook

Moisture analyzer market from pharmaceuticals segment is expected to reach USD 611 million by 2028. This is due to the soaring use of novel moisture analyzers in pharmaceutical companies offering enhanced operability that is estimated to surge the product adoption. The moisture analytical studies of pharmaceutical products or drugs are one of the most vital parameters for the development of novel drugs and novel formulations. Other variables comprising changing regulations for in vivo and in vitro tests are also anticipated to stimulate the business expansion.
 

Increasing awareness for the protection & maintenance of industrial products is projected to fuel the German industry growth

Germany moisture analyzer market is projected to exceed USD 127 million by 2028. This is attributed to the high prevalence of foodborne diseases, rising production of ready-to-eat meals, and increased awareness related to the protection & maintenance of industrial products in the country. Moreover, some of the prime variables propelling the market in Germany are growing accessibility to innovative technologies that promote the quality of moisture analyzers along with the implementation of stringent safety control standards that need the installation of the product for more precise moisture analytical procedures.
 

Players are emphasizing on strategic initiatives and innovative product launch to expand business operations

Few of the notable companies operating in the moisture analyzer market are Mettler-Toledo International Inc., Endress+Hauser Group Services AG, Ametek Inc., and Baker Hughes Company. These market leaders are engaged in strategic collaborations, partnerships, and agreements to gain competitive advantage over their competitors.
 

For instance, in April 2021 Endress+Hauser announced the launch of J22 TDLAS Gas Analyzer. This tool helps in measurement of moisture content in natural gas, while providing additional benefits. This product launch helped the company to strengthen their product portfolio and offer their product to broader customer base and generate higher revenues for the company.