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The moisture analyzer market is expected to grow from USD 1.15 Billion in 2016 to USD 1.41 Billion by 2022, at a CAGR of 3.3% between 2017 and 2022. The moisture analyzer market is mainly driven by factors such as increasing demand from traditional as well as new verticals and rapid adoption in Asia. For this study, the base year considered is 2016 and the market forecast provided is between 2017 and 2022.
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MarketsandMarkets Presents Moisture Analyzer Market Moisture Analyzer Market by Analyzing Technique (Karl Fischer Titration, Loss-on-Drying, Capacitance, Microwave, Drying Oven, Near-Infrared, Radio Frequency), Equipment Type (Desktop, Handheld, In-Line), Vertical, and Geography - Global Forecast to 2022
About our Report • The moisture analyzer market is expected to grow from USD 1.15 Billion in 2016 to USD 1.41 Billion by 2022, at a CAGR of 3.3% between 2017 and 2022. The moisture analyzer market is mainly driven by factors such as increasing demand from traditional as well as new verticals and rapid adoption in Asia. For this study, the base year considered is 2016 and the market forecast provided is between 2017 and 2022. • The food and beverage vertical held the largest market share of the overall moisture analyzer market in 2016. This huge demand from the food and beverage vertical can be attributed to the stringent government regulations for maintaining the high quality of edible products by maintaining the moisture content in the product at the desired level.
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Company Coverage • PCE Instruments (Germany), • Michell Instruments Inc. (England), • Ametek Inc. (US), • SpectraSesnsors Inc. (US), • General Electric Co. (US), • A&D Co., Ltd. (Japan), • Kett Electric Laboratory (Japan), • Mettler-Toledo International Inc. (US), • Sartorius AG (Germany), • Shimadzu Corp. (Japan), • Gow-Mac Instrument Co. (US), • Mitsubishi Chemical Holdings Corp. (Japan), • Sinar Technology (England), • Thermo Fisher Scientific Inc. (US), and • U-Therm International (H.K.) Ltd. (Hong Kong).
Summary The moisture analyzer market is expected to grow from USD 1.15 Billion in 2016 to USD 1.41 Billion by 2022, at a CAGR of 3.3% between 2017 and 2022. The moisture analyzer market is mainly driven by factors such as increasing demand from traditional as well as new verticals and rapid adoption in Asia. The moisture analyzer market is segmented on the basis of analyzing techniques, which include Karl Fischer titration, loss-on-drying, capacitance, microwave, drying oven, near infra-red, radio frequency and others. Among these techniques, the market for near-infrared (NIR) technique is expected to grow at the fastest rate between 2017 and 2022. This is mainly because NIR analyzers provide the opportunity to measure moisture content in the product during the manufacturing process. With the growing process automation in various industries, the demand for in-line moisture analysis is growing, and NIR analyzers are the best fit for the continuous analysis of moisture during the product manufacturing process.
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