Market overview
A moisture analyzer is a device that is used to regulate moisture content with a loss on drying or LOD method. The product involves a weighing and halogen heating unit to ensure the precise temperature is in control. It suits the need for quality control and production in pharma and other industries. The Moisture Analyzer Market is anticipated to reach USD 1,571.4 million at a 3.9% CAGR during the estimated period. These are increasingly used to check the humidity and temperature of the elements or industrial materials. The main reason to measure moisture content is to improve the time length of the product, effective use of the raw materials used, quality of the product, and so on. Thus, the Moisture Analyzer Market growth is estimated to increase due to the advancements in the Moisture analyzer industry and its potential benefits. The major drivers of Moisture analyzer market growth are integrating sensors, fulfilling the compliance, robustness, real-time measurement, and other technical growth in the industry. The rising demand for the end-user industries such as the food and beverage industry and pharmaceutical industries are also assisting the overall growth of the Moisture Analyzer Market.
The pandemic covid-19 has impacted all industries very badly except the pharmaceuticals. The sudden outbreak of the deadliest virus made all the markets down due to the lockdown and shutdowns implemented by the government to stop the virus from spreading. However, there was only one industry that was driving the market at a good pace which was the pharmaceutical industry which is the key main driver of Moisture Analyzer mMarket Growth. The funding that was needed for the research and development of moisture analyzers has been reduced crucially due to the decreased economic condition. Thus the overall growth of the market was affected importantly, which is estimated to have healthy growth during the anticipation period.
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Market segmentation
The Moisture Analyzer Market Research has been divided into types, applications, techniques and regions.
By Type:
- Desktop
- Handheld
- Inline
By Application:
- Plastics and polymers
- Construction
- Agriculture
- Food and beverage
- Fabrics and textiles
- Pharmaceuticals
- Others
By Technique:
- Karl Fischer Titration
- Loss-on-dying
- Capacitance
- Microwave
- Near-infrared
- Radio Frequency
- Others
By region
- North America
- APAC
- Europe
- RoW
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Regional analysis
In recent years the market growth of North America has been increasing due to the increasing number of food and beverages industries, packaging industries, chemical industries, and pharmaceutical industries which are considered the main end-users of Moisture Analysers. Moreover, the presence of leading market competitors such as General Electric Inc., Ametek Inc., Mettler Toledo, and other market players are boosting the market value in North America.
Asia-pacific is also growing in the Moisture Analyzer market value due to the increasing number of industries in the region.
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Industrial news
In 2019, the main leading market player, Shimadzu Corporation, launched a Moisture analyzer that was equipped with a high power and long-life halogen heater. The halogen heater allows the user to change the temperature between 50degrees and 200 degrees Celsius. The system has a USB port to transfer the results with the help of a USB cable. The halogen heater helps in getting accurate measurements.
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