Rheometer and Viscometer Market Size, Share, Growth, and Forecast to 2025Posted by rekha on September 19th, 2019 Precision Business Insights (PBI) in its report titled “Global Rheometer and Viscometer Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024” assesses the market performance over seven years forecast period over 2018-2024. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. The global rheometer and viscometer market was valued at US$ XX Mn in 2017 and increasing at a significant CAGR over the forecast timeframe owing advancements in technology, increasing petrochemical and material manufacturing companies, stringent regulatory guidelines for the product safety, increasing investments by public & private sectors for product innovation, increasing demand by the pharmaceutical and biotechnological companies for the research purposes and increase in the burden of diseases globally. However, high cost of the advanced equipment and limited skilled personnel are anticipated to hinder the revenue share of global rheometer and viscometer market. Global rheometer and viscometer market segmented on the basis of Sample, Product, end user, and region For request sample : https://www.precisionbusinessinsights.com/request-sample?product_id=37330 Petroleum Product Manufacturers & Petrochemical Refineries Dominates the Global Rheometer and Viscometer Market Based on the End-User industry, global rheometer and viscometer market segmented into petroleum product manufacturers & petrochemical refineries, pharmaceutical, cosmeceutical, and biotechnology companies, chemical and material manufacturers, food and beverage manufacturers, research & academia, and other end users. Among them, petroleum product manufacturers & petrochemical refineries dominated the global rheometer and viscometer market in 2018 and estimated to dominate over the forecast period owing to the enhanced business of petrochemicals and petroleum product manufacturers, increase in production and stringent regulation regarding the purity of the petroleum products are anticipated to enhance the growth. However, a faster growth rate observed in case of pharmaceutical industries due to the enhanced research on various diseases. North America Leads the Global Rheometer and Viscometer Market
PBI’s global rheometer and viscometer market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North America accounted for larger revenue share through 2013-2017 and expected to dominate over 2018-2024 owing to increased use of rheometers and viscometers for R&D purposes, presence of leading equipment manufacturing companies, technological advancements in the rheometers and viscometers, and the presence of leading raw material suppliers in the region are anticipated to propel the market. Asia Pacific rheometer and viscometer market projected to grow at significant rate owing the modernization of healthcare infrastructure, enhanced usage of viscometers and rheometers in research and development and the presence of petroleum industries.
Launch of newer products, frequent product approvals, and strategic alliances are the key strategies adopted by market players
Global rheometer and viscometer market further reveals that the key players increasingly adopting strategies such as launch of newer developments in products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance. In 2016, METEK, Inc. has completed two acquisitions with Brookfield Engineering Laboratories, the world’s leading manufacturer of viscometers and rheometers, and ESP/SurgeX, a leader in energy intelligence and power protection solutions. By this acquisition, METEK, Inc. enhanced its product portfolio to manufacture viscometers. Key player’s profiles in the report are
Detailed Segmentation
By Sample o Resins & Coatings o Suspensions & Slurries o Pastes & Gels o Other Samples By Product o Rheometers o Viscometers By End User o Petroleum Product Manufacturers and Petrochemical Refineries o Pharmaceutical, Cosmeceutical, and Biotechnology Companies o Chemical and Material Manufacturers o Food and Beverage Manufacturers o Research Laboratories and Academic Institutes o Others
Geography o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa (MEA)
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