What is Moisture Analyzer - Global Market?
A moisture analyzer, also known as a moisture balance, is a device that measures the moisture content in a sample. This device is widely used across various industries globally. It works on the principle of loss on drying, where the sample is weighed before and after the drying process, and the moisture content is calculated based on the weight difference. The global market for moisture analyzers was valued at a significant US$ 468.9 million in 2022. The market is expected to grow steadily and reach a value of US$ 582.1 million by 2029, growing at a compound annual growth rate (CAGR) of 3.1% during the forecast period from 2023 to 2029.
Desktop, Online in the Moisture Analyzer - Global Market:
The moisture analyzer market is dominated by five major players who collectively hold 48% of the global revenue market share. The market is geographically segmented into various regions. The Asia-Pacific region holds the largest sales market share at 45%, followed by Europe and North America, which hold 23% and 19% of the market share respectively. The remaining market share is held by other regions.
Petroleum and Chemical, Pharmaceuticals, Food and Beverage, Wood, Paper, and Pulp, Others in the Moisture Analyzer - Global Market:
Moisture analyzers are extensively used in various industries such as petroleum and chemical, pharmaceuticals, food and beverage, wood, paper, and pulp, among others. In the petroleum and chemical industry, moisture analyzers are used to measure the moisture content in crude oil, natural gas, and other chemical compounds. This is crucial as the presence of moisture can affect the quality and efficiency of these products. In the pharmaceutical industry, moisture analyzers are used to ensure the quality and safety of drugs. They help in determining the moisture content in raw materials, intermediates, and finished products. In the food and beverage industry, moisture analyzers are used to measure the moisture content in various food items and beverages. This helps in maintaining the quality and shelf life of these products. In the wood, paper, and pulp industry, moisture analyzers are used to measure the moisture content in wood and paper products. This helps in ensuring the quality and durability of these products. Other industries also use moisture analyzers for various purposes.
Moisture Analyzer - Global Market Outlook:
The global market for moisture analyzers is segmented into desktop and online-based moisture analyzers. Desktop moisture analyzers are standalone devices that are used in laboratories and research centers. They are compact, easy to use, and provide accurate results. On the other hand, online-based moisture analyzers are integrated into the production line and provide real-time moisture content data. This helps in maintaining the quality of the product and improving the efficiency of the production process. Both desktop and online-based moisture analyzers have their own advantages and are used based on the requirements of the industry.
| Report Metric | Details |
| Report Name | Moisture Analyzer - Market |
| Forecasted market size in 2029 | US$ 582.1 million |
| CAGR | 3.1% |
| Forecasted years | 2023 - 2029 |
| Global Moisture Analyzer market, by region: |
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| Global Moisture Analyzer market, Segment by Type: |
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| Global Moisture Analyzer market, by Application |
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| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
