Thermal Analysis Market Size & Analysis - Forecasts To 2025 By Method (Thermogravimetric Analysis, Differential Thermal Analysis, Differential Scanning Calorimetry, Pressurized TGA, Thermo Mechanical Analysis, Dilatometry, Evolved Gas Analysis); By Application (Organic Compounds, Inorganic Compounds, Pharmaceuticals, Petrochemicals, Plastics, Foodstuffs, Materials), By Region (North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa); End-use Landscape; Vendor Landscape and Competitive Landscape - Global Market Estimates
Thermal Analysis Market Insights
The global thermal analysis market is projected to experience a significant growth over the forecast period. The market is expected to be influenced by increased application of thermal analysis in various industries such as pharmaceuticals, food, petroleum, polymers, inorganic and organic chemicals among others.
Thermal analysis instruments usually measure weight loss, heat flow, dimension change, or mechanical properties as a function of temperature. Thermal analysis is extensively being used in industries due to its properties such as crystallization, glass transitions, cross-linking, oxidation, decomposition, volatilization, coefficient of thermal expansion, and modulus. These experiments enable the user to examine end-use performance, composition, processing, stability, molecular structure, and mobility. Technological Advancements such as computational thermal analysis processes’ are further projected to boost the market growth over the coming years.
Thermal Analysis Market: Method Insights
On the basis of method, the global thermal analysis market is classified into thermogravimetric analysis, differential thermal analysis, differential scanning calorimetry, pressurized TGA, Thermo mechanical analysis, Dilatometry, and Evolved gas analysis.
Differential Thermal Analysis segment is further segmented into Single-function DTA and Multi-function Instrument. DTA helps in detecting the changes which are associated with the amount of heat absorbed or released.
Thermogravimetric Analysis segment is anticipated to gain significant traction over the coming years. Thermogravimetric Analysis is used for investigating thermal stability of solid or liquid materials in a particular atmospheric condition. TGA can also be used at a constant temperature to assess thermal stability of materials over a specific time span.
Thermal Analysis Market: Application Insights
The global thermal analysis market is segregated into Organic compounds, Inorganic compounds, Pharmaceuticals, Petrochemicals, Plastics, Foodstuffs, and Materials, based on applications.
Thermal analysis of organic compounds is a standard method for research and quality control and is mainly used to characterize the physical properties of substances. The demand for this segment is likely to increase over the years, as a small amount of sample is required to measure important characteristics and associated properties such as melting and specific heat capacity among others.
Thermal Analysis of Pharmaceuticals offers reliable and versatile characterization tools for improvement and development of pharmaceutical products. The growth of this segment is likely to be influenced by high demand for advanced drugs, formulations, and excipients.
Thermal analysis techniques enable users to deal with problems related to processing and quality of oil and oil-based products in the petrochemical sector. Thermal analysis can be applied for research and quality control in the manufacture of lubricants and petrochemicals and refinery processes.
Thermal Analysis Market: Regional Insights
North America is likely to witness a substantial growth over the coming years owing to increased R&D investments in pharmaceutical sector. Also, The North American Thermal Analysis Society offered scientists and practitioners the opportunity to explore the frontiers of thermal analysis, rheology, and materials characterization by participating in the 2018 NATAS Conference. These factors are anticipated to propel the regional growth over the years.
Thermal Analysis Market: End-Use Landscape
The end-use landscape includes a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase products from the global thermal analysis market. The major consumers of the product are GlaxoSmithKline, Merck, and Gilead.
Thermal Analysis Market: Competitive Landscape
Some of the leading players in the global thermal analysis market include RJ Lee Group, Inc., Anderson Materials Evaluation Incorporated, Westmoreland Mechanical Testing & Research, Inc., Particle Technology Labs, Harper International, and TE Connectivity among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In October 2017, Shimadzu launched Compact Fourier Transform Infrared (FTIR) Spectrophotometers which offers exceptional Ease-of-Use and Functionality.
We value your investment and offer free customization with every report to fulfil your exact research needs.
The global Thermal Analysis Market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Thermal Analysis Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies, and customer analytics.
Tailor made solutions just for you
80% of our clients seek made-to-order reports. How do you want us to tailor yours?