Rheometer Market

Rheometer Market Size, Growth Rate and Overview:

The global rheometer market is predicted to reach USD 878 million by 2023 from USD 697 million in 2017, growing at a CAGR of 4%. A rheometer is a device used to measure the slurry or the way in which the liquid flows specially for those fluids that cannot be defined by the single value of viscosity; a rheometer, therefore, measures the rheology of the fluid.

The rising usage of polymers across the globe is expected to lead the sale of rheometers during the forecast period, as there are various polymers whose determination of single value of viscosity is hard to measure. Accessories that are to be used with a Rheometer, such as temperature control unit, makes the rheometer to be used in any condition thus, adding a positive impression on the growth of rheometer sales. At present, in the foreign industrial developed countries the rheometer industry is commonly at a more advanced level than in other nations. 

Market Conditions and Growth Driving Factors:

The rising usage of polymers across the globe is expected to lead the sale of rheometers during the forecast period, as there are various polymers whose determination of single value of viscosity is hard to measure. Accessories that are to be used with a Rheometer, such as temperature control unit, makes the rheometer to be used in any condition thus, adding a positive impression on the growth of rheometer sales. At present, in the foreign industrial developed countries the rheometer industry is commonly at a more advanced level than in other nations. 

However, the high cost of the systems and efficiency of the device are the major factors delaying the growth of this market. In the future, the manufacturers who want to occupy the market must depend on market mechanism reform, manufacturing equipment innovation, core technology improvement, brand establishment and customer training and service enhancement.

Manufacturers of rheometers are mainly in America, Austria, UK and Germany, which engaged most of the market share of production in total in 2016. Along with the development of Chinese domestic Industrial technology, Chinese rheometers have been made a lot of development, but it also has a long way to be advanced in the world, especially in high-end products. Most of Chinese companies are rather small, compared to other countries.

Geographical Conditions:

The Asia-Pacific region is expected to experience significant growth in the rheometer market during the forecast period due to growth in food products, paints and coatings, and the petrochemical industries. It is expected that the increased use of the rheometer in the cosmetics and pharmaceutical end products industries and the sales of rheometers will increase at an accelerated rate, increasing the growth of the rheometer market in the region. It is expected that North America and Europe will experience significant growth during the forecast period, which can be attributed to the application of the rheometer in the food, paint and coatings industries that are developed in both countries. The research and development activities of the manufacturers to launch new models of rheometers with improved and improved characteristics should boost the sales of the rheometer during the forecast period, contributing to the overall growth of the market. Latin America, and the Middle East and Africa are expected to experience steady growth in the market during the forecast period, which can be attributed to sustained growth in end-user industries that use rheometers.

Below are some of the leading companies operating in the Global Rheometer Market:

• Anton Paar
• Thermo fisher Scientific
• A&D Company
• Freeman Technology
• Fann Instrument Company
• Brookfield
• Biolin Scientific
• ATS RheoSystems
• Lamy Rheology
• TA Instruments

Detailed Segmentation of Global Rheometer Market:

Rheometer Market – By Type:

• Capillary Rheometer
• Dynamic Rheometer
• Torque Rheometer

Rheometer Market – By Application:

• Food
• Paints & Coatings
• Polymers
• Cosmetics and Pharmaceuticals
• Petrochemicals
• Other

Rheometer Market – By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

** Our research team can customize this research report as per your needs/queries. Please write your thoughts to sales@researchcosmos.com