Thermal Analysis Market Growing Across the World

Thermal Analysis Market by Product (DSC, TGA, STA, DTA, TMA, DMA, Pressure Differential Scanning Calorimetry), Functionality (Single, Simultaneous), End User (Pharma-Biotech Co, Food Processing Co, Petrochemical Co, Academia)

(EMAILWIRE.COM, April 26, 2019 ) The global thermal analysis market is expected to reach USD 640.7 Million by 2022 from USD 492.5 Million in 2016, at a CAGR of 4.6%.

The time frame considered for the study are as follows:
Base Year: 2016
Forecast Period: 2017–2022

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The report covers the thermal analysis market across four key geographies, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW).

North America is expected to hold the largest share of the market during the forecast period due to factors such as increasing industrial R&D expenditure; the availability of private-public funding for research; and stringent regulatory norms for drug development.

However, Asia Pacific is expected to register the highest growth rate during the forecast period. Factors driving growth in the APAC region include the growth of the chemical, material, and pharma-biotech sectors in India, China, and Japan (coupled with increased regulatory compliance for cGMP in India & China); international conferences in Japan, and developments in biomedical industrial setups in Singapore.

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As of 2016, some of the major players operating in this market are Waters (US), NETZSCH (Germany), LINSEIS (Germany), Mettler-Toledo (US), PerkinElmer (US), SETARAM (France), and Shimadzu (Japan).