Growing demand for advanced nanoparticle instruments and rise in government investments in research & development activities in the biotechnology and pharmaceutical sectors are among the major factors expected to drive market revenue growth.
Growing demand for advanced nanoparticle instruments and rise in government investments in research & development activities in the biotechnology and pharmaceutical sectors are among the major factors expected to drive market revenue growth
According to Emergen Research, the global particle size analysis market size was USD 355.9 Million in 2020 and is expected to reach USD 537.9 Million in 2028 and register a revenue CAGR of 5.2% during the forecast period, 2021-2028.
Market Dynamics:
Major factors providing impetus to the global particle size analysis market revenue growth are increasing research & development projects in the field of nanotechnology, increasing applications of nanotechnology in the pharmaceutical and biotechnology industries, rise in government and private investments in biotechnological and pharmaceutical R&D activities, and increasing demand for advanced nanoparticle instruments. Growing use of the particle size analysis technique in the manufacture of pharmaceuticals, food & beverage products, building & construction materials, paints & coatings, and water treatment chemicals, and increasing applications of nanotechnology in cosmetology are among the other key factors driving the global particle size analysis market revenue growth.
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The particle size analysis technique analyzes and determines particle size and distribution in various product samples, including solid materials, suspensions, emulsions, and aerosols. The technique helps in maintaining product quality and increases the overall efficiency of the production process. Commonly used techniques include Dynamic Image Analysis (DIA), Dynamic Light Scattering (DLS), Static Laser Light Scattering (SLS), and Nanoparticle Tracking Analysis (NTA). Stringent regulations & guidelines for product quality and safety, and development of more advanced techniques for particle size analysis are factors that are expected to further boost the global market revenue growth.
COVID-19 Impact Analysis:
- Social distancing and restrictions severely disrupted businesses and operations
- Lockdowns caused disruptions in transportation and logistics
- Impacted manufacturing activities and mining operations globally
- Took a toll on economy of various countries
- Caused sudden and drastic downturn in economic activity
- Disrupted agriculture, fisheries, dairy, and other sectors
- Caused loss of employment and financial crisis
- Supply impacts were further compounded owing to reduced disposable income
- Emergence of variants continue to cause concerns and impact normal routines
Nanoparticle Tracking Analysis Segment Accounted for Largest Revenue Share in 2020:
The nanoparticle tracking analysis (NTA) segment dominated other segments in terms of revenue share in the global market in 2020. Rapid adoption of the nanoparticle tracking analysis technique and rise in research & development activities in the fields of biotechnology and nanotechnology are among the key factors supporting revenue growth of this segment.
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Pharmaceutical & Biotechnology Companies Segment to Account for Fastest Revenue CAGR:
The pharmaceutical & biotechnology companies segment is expected to register the fastest revenue growth rate in the global market over the forecast period. Increasing research & development activities in the biotechnology and pharmaceutical sectors, rising focus on development of advanced drug delivery systems, and stringent regulations for quality and safety of pharmaceutical products are key factors boosting revenue growth of this segment.
North America Accounted for Largest Revenue Share in 2020:
Among regional markets, the North America particle size analysis market accounted for the largest revenue share in the global market in 2020. Major factors driving the regional market revenue growth are increasing R&D activities in the field of nanotechnology, growing use of advanced nanoparticle instruments, increasing government investments in the biotechnological and pharmaceutical sectors, and stringent regulatory guidelines for the quality of pharmaceutical, food & beverage, and cosmetic products.
Major Companies in the Global Particle Size Analysis Market Include:
- Malvern Panalytical
- HORIBA
- Beckman Coulter
- MICROTRAC MRB
- Izon Science
- Micromeritics Instrument Corporation
- Shimadzu Corporation
- Sympatec
- TSI
- Bettersize Instruments
- Anton Paar
- FRITSCH
- Brookhaven Instruments
- LS Instruments AG
- AimSizer
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For the purpose of this report, Emergen Research has segmented the global particle size analysis market based on technology, dispersion type, end-use, and region:
Technology Outlook (Revenue, USD Million; 2018–2028)
- Laser Diffraction
- Imaging
- Dynamic Light Scattering
- Dynamic Imaging
- Static Imaging
- Coulter Principle
- Atomic Spectroscopy
- Nanoparticle Tracking Analysis (NTA)
- Others
Dispersion Type Outlook (Revenue, USD Million; 2018–2028)
- Dry Dispersion
- Wet Dispersion
- Spray Dispersion
End-use Outlook (Revenue, USD Million; 2018–2028)
- Pharmaceutical & Biotechnology Companies
- Public & Private Institutions
- Healthcare Industry
- Academic Institutions
- Chemicals & Petroleum Industry
- Food & Beverage Industry
- Mining, Minerals, & Cement Industry
- Others
Region Outlook (Revenue, USD Million; 2018-2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Turkey
- Rest of Middle East & Africa
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Particle Size Analysis Market By Technology (Laser Diffraction, Imaging, Dynamic Light Scattering, Dynamic Imaging, Static Imaging, Coulter Principle, Atomic Spectroscopy, Nanoparticle Tracking Analysis (NTA), Other), By Dispersion Type (Dry Dispersion, Wet Dispersion, Spray Dispersion), By End-use (Pharmaceutical & Biotechnology Companies, Public & Private Institutions, Healthcare Industry, Academic Institutions, Chemicals & Petroleum Industry, Food & Beverage Industry, Mining, Minerals, & Cement Industry, Other) and By Regions Forecast to 2028
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