Activation Analysis Market, by method type (Instrumental Neutron Activation (INAA), Radiochemical Neutron Activation (RNAA), Epithermal Neutron Activation (ENAA), Prompt – gamma Neutron Activation Analysis (PGNAA), Fast Neutron Activation Analysis (FNAA) and Others), by application (Archaeology, Soil Science, Geology, Forensics and Semiconductor industry) and by Region (North America, Latin America, Europe, Asia-Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Activation analysis (AA) is a primary analytical method for determining trace elements concentration in the bulk of a sample. Activation analysis is a highly sensitive non-destructive technique for qualitative and quantitative determination of atomic composition of a sample. It has been particularly useful for determination of elements in complex samples (minerals, environmental samples, biological and archaeological objects, etc.), because it provides a simple alternative to much more difficult, tedious and destructive techniques. Its main limitation is the demand for a strong irradiation source.
Market Dynamics:
On the basis of region, in 2021, Europe accounted for the largest share in terms of revenue and contributed for a revenue share of 36% in the activation analysis market globally. Moreover, Europe is predicted to record fastest growth in terms of revenue during the forecast period (2022 to 2030).
Among application, The Semiconductor industry held dominant position in the market and accounted for 29% share in the global Activation Analysis market in 2020. The segment is expected to reach US$ 119.2 million in 2030.
Europe is also an emerging activation analysis market, owing to increasing product launches by the market players in the region
In 2021, DKSH Holding Ltd., a market expansion services provider firm, headquartered in Switzerland, launched ELEMENTRAC ON-p 2, a robust elemental analyzer for measurement of oxygen and nitrogen concentrations in inorganic materials such as steel, iron, copper or ceramics
The rising production of propellants in various countries is driving the global activation analysis market growth. For instance, in January 2018, according to the data published by 38 North Organization, a website devoted to informed analysis of North Korea, while a number of potential production facilities have been identified throughout the country, the No. 17 Explosives Factory and its branch factories near Hamhung have been identified as the most probable site for the manufacturing of the latest large solid-propellant rocket engines.
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