Trace Metal Analysis Market | Growth Of X-ray fluorescence spectroscopy (XRF)
The global trace metal analysis market is projected to reach USD 6.9 billion by 2024 from USD 4.4 billion in 2019, at a CAGR of 9.5%.
(IINews) - According to the new market research report "Trace Metal Analysis Market by Technology Instrument (Atomic Absorption Spectroscopy, X-Ray Fluorescence, ICP-MS), Service (FAAS, ICP-OES)), Application (Food & Beverage, Pharmaceutical & Biotechnology, Environmental Testing) - Global Forecast to 2024", published by MarketsandMarkets™, the Trace Metal Analysis Market is projected to reach USD 6.9 billion by 2024 from an estimated USD 4.4 billion in 2019, at a CAGR of 9.5%.
X-ray fluorescence spectroscopy (XRF) segment to witness the highest growth in the trace metal analysis instrument market, by technology
Based on technology, the trace metal analysis instrument market is segmented into atomic absorption spectroscopy (AAS), inductively coupled plasma mass spectroscopy (ICP-MS), optical emission spectroscopy (OES), Fourier transform infrared spectroscopy (FTIR), X-ray fluorescence spectroscopy (XRF), and other technologies. The XRF segment accounted for the largest share of the trace metal analysis instrument market in 2018. The large share of this segment can be attributed to the increasing demand for advanced XRF applications in applied markets; advantages of XRF such as high-speed, accuracy, and high-resolution analysis; and the high demand for XRF in emerging countries.
The major factors driving the growth of this market include the stringent safety and quality regulations and new international cGMP & cGDP certification for pharmaceutical excipients, increasing spending on life science R&D, advancements in technologies, growing preference to outsource analytical requirements to third-party service providers, increasing demand from applied markets, rising opportunities in emerging countries, and the need to comply with revised USP guidelines.
Don''t miss out on business opportunities in Trace Metal Analysis Market.
Download FREE Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=83951074
By technology, the ICP-MS segment accounted for the largest share of the trace metal analysis services market
Based on technology, the services market is divided into AAS, ICP-MS, optical emission spectroscopy, FTIR, XRF, and other technologies. The ICP-MS segment accounted for the largest market share in 2018. The increasing demand for the analysis of a diverse range of sample matrices; growing focus on the identification of low-level contaminants in chemical products; increased stringency of quality assessment and testing in the beverages, foods, cosmetics, and pharmaceutical industries; and the growing demand for metal speciation are the key factors driving the growth of the ICP-MS segment.
Browse in-depth TOC on "Trace Metal Analysis Market"
181 – Tables
44 – Figures
276 – Pages
Request Sample Report Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=83951074
North America, the largest regional market for trace metal analysis
North America accounted for the largest share of the trace metal analysis market in 2018, followed by Europe and the Asia Pacific. Factors such as the presence of a well-established pharmaceutical industry in the region, high R&D expenditure and growing focus on trace metal analysis in applied markets, implementation of stringent regulatory guidelines by ICH for pharmaceutical ingredients, and the presence of a large number of service providers and instrument manufacturers in the region are primarily factors driving the growth of the trace metal analysis market in North America.
Prominent players in the trace metal analysis market are Thermo Fisher Scientific (US), Agilent Technologies (US), PerkinElmer, Inc. (US), Analytik Jena AG (Germany), Bruker Corporation (US), Hitachi Hi-Technologies Corporation (Japan), Rigaku Corporation (Japan), Shimadzu Corporation (Japan), Eurofins Scientific (Luxembourg), Intertek Group PLC (US), SGS S.A. (Switzerland), Bureau Veritas S.A. (France), TÜV SÜD (Germany), and LGC Ltd. (UK).
Themen in diesem Fachartikel:
Unternehmensinformation / Kurzprofil:
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies'' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets''s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales(at)marketsandmarkets.com
Datum: 23.05.2019 - 09:50 Uhr
Sprache: Deutsch
News-ID 1723144
Anzahl Zeichen: 0
Kontakt-Informationen:
Ansprechpartner: Shelly Singh
Stadt:
Northbrook
Telefon: 18886006441
Kategorie:
Biotechnologie
Anmerkungen:
Dieser Fachartikel wurde bisher 155 mal aufgerufen.
Der Fachartikel mit dem Titel:
"Trace Metal Analysis Market | Growth Of X-ray fluorescence spectroscopy (XRF)
"
steht unter der journalistisch-redaktionellen Verantwortung von
MnM (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).