Global Oxygen Bomb Calorimeters Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Oxygen Bomb Calorimeters Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Oxygen bomb calorimeters measure the heat of chemical reactions or physical changes. This is done by performing the reaction in a container that maintains constant volume and they are thus designed to withstand the pressure that builds up as the reaction occurs. In an oxygen bomb calorimeter, the sample is loaded in the reaction chamber (called the bomb) along with oxygen; this is submerged in water within an insulating container. Once the sample is ignited, a thermometer which is partially submerged in the water, records the temperature changes that occur. Oxygen Bomb Calorimeters are used for various applications in different industries to calculate the heat released from a combustion reaction (also known as a combustion calorimeter), the calorific value of the sample, be it any solid or liquid substance like coal and oil, is then measured.

Market Overview:

The latest research study on the global Oxygen Bomb Calorimeters market finds that the global Oxygen Bomb Calorimeters market reached a value of USD 52.87 million in 2022. It’s expected that the market will achieve USD 80.93 million by 2028, exhibiting a CAGR of 7.35% during the forecast period.

Increasing demand

In the recent years, with the recovery of global economy, the development of emerging countries and the global population growth, the consumption of oxygen bomb calorimeters made by population will be obvious. In the foreseeable future, the oxygen bomb calorimeters will show an optimistic upward trend. The growing use of oxygen bomb calorimeters device for the study and research of chemistry, biochemistry and thermodynamics is major driving factor behind the growth of the market. The continuous advancements and developments in the instrumentation field, huge availability of specialized and advanced calorimeter in the market, rising demand for oxygen bomb calorimeters from the industry professionals and academic researchers, escalating investments in the chemical and biochemical research sector and surge in the adoption of advanced oxygen bomb calorimeters in Food Analysis, Fuel Production, Scientific Research industries are expected to improve growth of the market during the forecast period.

Increasing investments and advanced technology

Companies and governments are making huge investments in the biochemical and chemical research arenas, which are expected to be the primary driver for the global oxygen bomb calorimeters market. High adoption rate registered by laboratories focused on thermodynamics field of research is anticipated to provide a platform for the oxygen bomb calorimeters market to grow steadily during the forecast period. Growing technology advancement in the field of research and process coupled with growing demand for measuring laboratory and analytics tool is propelling the market for oxygen bomb calorimeters. The advancement in oil and gas, coal and chemical industry will have a positive outlook over the global oxygen bomb calorimeters markets.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

Parr Instrument Company is one of the major players operating in the Oxygen Bomb Calorimeters market, holding a share of 27.13% in 2023.

Parr Instrument Company

Parr Instrument Company is a privately held corporation located at 211-53rd Street, Moline, Illinois, engaged in the design, manufacture and sale of laboratory instruments and apparatus for testing fuels and for conducting chemical reactions and tests under heat and pressure. Parr Instrument Company manufactures and sells laboratory instruments.

IKA Works, Inc.

IKA-Works, Inc. manufactures industrial machinery. The Company offers blenders, powder liquid and dry mixers, pilots, disk mills, agitators, kneaders, and systems and parts. IKA-Works serves customers worldwide. Today, the IKA group has over 900 employees at 10 locations on four continents and is proud to serve customers such as BASF, Bayer or Procter&Gamble.

Segmentation Overview:

Among different product types, Automatic Oxygen Bomb Calorimeters segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Fuel Production segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Oxygen Bomb Calorimeters market covered in Chapter 3:

IKA Works, Inc.
Gowegroup
NANBEI
Xiang Yi Instruments
Toshniwal Technologies
Labtron Equipment Ltd
DDS Calorimeter
Parr Instrument Company

In Chapter 4 and Chapter 14.2, on the basis of types, the Oxygen Bomb Calorimeters market from 2018 to 2029 is primarily split into:

Manual Oxygen Bomb Calorimeters
Automatic Oxygen Bomb Calorimeters

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Oxygen Bomb Calorimeters market from 2018 to 2029 covers:

Food Analysis
Fuel Production
Scientific Research
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)