Particle Size Analysis Market by Technology (Dynamic Light Scattering, Laser Diffraction, Nanoparticle Tracking Analysis), Dispersion (Dry Particle, Spray Particle, Wet Particle), End User - Global Forecast 2024-2030

Particle Size Analysis Market by Technology (Dynamic Light Scattering, Laser Diffraction, Nanoparticle Tracking Analysis), Dispersion (Dry Particle, Spray Particle, Wet Particle), End User - Global Forecast 2024-2030

The Particle Size Analysis Market size was estimated at USD 446.41 million in 2023 and expected to reach USD 474.62 million in 2024, at a CAGR 6.41% to reach USD 689.70 million by 2030.

Particle size analysis involves determining the size distribution of particles in a sample, crucial for various industries such as pharmaceuticals, chemicals, and materials. Increasing demand for nanotechnology applications and growing focus on quality control in manufacturing processes are elevating the demand for particle size analyzers. The growing importance of understanding particle behavior for drug delivery across the health & life science sector is expanding the growth of the particle size market. The complexity of analyzing nanoparticles and the increasing cost of development of particle size analyzers are hindering the growth of the market. Rising technological advancements associated with the development of novel particle size analyzers that help in precise measurements are expected to create opportunities for the growth of the particle size analysis market.

Regional Insights

The particle size analysis market in the Americas is witnessing significant growth, propelled by the region's diverse industrial landscape. Industries such as pharmaceuticals, mining, and food & beverage are driving the demand for precise particle size measurements. The Asia-Pacific sectors, such as pharmaceuticals, chemicals, and materials heavily rely on particle size analysis for quality control and research purposes. With the rise of nanotechnology applications and the increasing focus on product quality, the demand for precise particle size measurements is increasing in Asia-Pacific. Growing advancements in technology foster the development of accurate and efficient particle size analysis methods to meet the evolving needs of diverse industries, which is expected to create a platform for market growth in Asia-Pacific. In the Europe, Middle East, and Africa region, the particle size analysis market is witnessing steady growth driven by applications in pharmaceuticals, cosmetics, and materials science. With a focus on product quality and innovation, various industries in the region are increasingly adopting advanced particle size analysis technologies.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Particle Size Analysis Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Increasing research activity in the field of nanotechnology
Advent of online and inline particle size analysis
Strict regulatory standards for product quality across industries

Market Restraints

High cost associated with particle size analysis

Market Opportunities

Increasing shift toward portable and handheld particle size analyzers
Rising investments in pharmaceutical research & development

Market Challenges

Concerns associated with limitations of laser diffraction technology

Market Segmentation Analysis

Technology: Higher adoption of dynamic light scattering for fast, precise, and reproducible quality check with low amounts of sample
Dispersion: Growing applications of wet particle dispersion for fine particle size analysis
End-User: Increasing application of particle size analysis in the pharmaceutical industry for effective drug formulation and delivery

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Particle Size Analysis Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Particle Size Analysis Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Sandvik to acquire tungsten powder manufacturer Buffalo Tungsten

Sandvik AB has acquired Buffalo Tungsten, Inc. to expand its North American market presence and strengthen its regional capabilities in the component manufacturing value chain. The company is reported within the business area segment Sandvik Machining Solutions (SMS), enhancing its regional capacity to produce tungsten powder locally in the US.

Verder acquires Formulaction to expand particle characterisation portfolio

Verder Group has Formulaction SA to create a comprehensive suite of instrumentation for materials characterisation practitioners. As part of the group’s Scientific Division, Formulaction integrated into Microtrac MRB, a manufacturer of particle characterisation systems.

MIT unlocks real-time powder particle size distribution monitoring

Massachusetts Institute of Technology researchers developed a physics-enhanced autocorrelation-based estimator (PEACE) machine learning algorithm to extract the particle size distribution (PSD) of a pharmaceutical powder surface from its laser speckle. The method delivers a real-time, non-invasive, far-field optical probe to monitor particle size distributions quantitatively.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Particle Size Analysis Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Particle Size Analysis Market, highlighting leading vendors and their innovative profiles. These include 3P Instruments GmbH & Co. KG, Agilent Technologies, Inc., Anton Paar GmbH, Beckman Coulter, Inc. by Danaher Corporation, Bettersize Instruments Ltd., Brookhaven Instruments Corporation, Dandong HMKTest Instrument Co.,Ltd., FRITSCH GmbH, HORIBA, Ltd., InProcess-LSP BV, Izon Science Ltd., Jinan Winner Particle Instrument Stock Co., Ltd., LS Instruments AG, Malvern Panalytical Ltd. by Spectris PLC, Mettler Toledo International Inc., Micromeritics Instrument Corp., Microtrac Retsch GmbH, Shimadzu Corporation, Sympatec GmbH, TSI Incorporated, Waters Corporation, and Yokogawa Electric Corporation.

Market Segmentation & Coverage

This research report categorizes the Particle Size Analysis Market to forecast the revenues and analyze trends in each of the following sub-markets:

Technology
Dynamic Light Scattering
Laser Diffraction
Nanoparticle Tracking Analysis
Resonant Mass Measurement
Taylor Dispersion Analysis
Dispersion
Dry Particle
Spray Particle
Wet Particle
End User
Agriculture & Forestry
Chemicals
Food & Beverage
Mining
Pharmaceuticals
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

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