The polymer testing equipment market is experiencing growth driven by the expansion of research laboratory operations. Key instruments like capillary rheometers and melt flow meters are critical for research applications and are expected to see significant demand. In 2018, global sales of polymer testing equipment were valued at approximately USD 1.5 billion, with a projected annual growth rate of 5.4% in 2019, according to a recent FMI report. The increasing number of applications, coupled with the rising regulatory standards for polymers and polymer-based materials, is driving this market expansion.
Capillary rheometers and melt flow meters are anticipated to see higher adoption due to their importance in determining melt flow rates and polymer viscosity. While the medical industry will remain the largest market segment, accounting for over 25% of the total value, the textile industry is also emerging as a significant area for polymer testing equipment investment. As polymers are crucial in the production of natural fibers like cotton and jute, and with ongoing innovations in the textile sector, demand for polymer testing equipment in this industry is expected to remain steady.
Increasing Demand for Capillary Rheometers & Melt Flow Meters Fuelling Market Growth
A capillary rheometer is an instrument designed to determine the viscosity of polymer, rate of deformation, and other rheological properties of polymers or composites such as plastics and fibres. Melt flow meters are used for the testing of the Melt Flow Resistance (MFR) of a wide range of polymer materials.
GÖTTFERT Werkstoff Prüfmaschinen GmbH, a Germany-based manufacturer of polymer testing equipment, recently launched Melt Index Tester MI-ROBO with force-controlled compression of the test material, as well as the expression of the residual material at the end of a measurement.
Regional Expansion Trending Polymer Testing Equipment Market
According to FMI’s analysis, Illinois Tool Works Inc. (the US), A&D Company, Limited (Japan), and Qualitest International Inc.
(the US) are among the key manufacturers of polymer testing equipment. Besides innovations, polymer testing equipment market players are concentrating on stronger customer relationships and improved distribution network, according to FMI’s analysis of the global polymer testing equipment market.
Several key companies are also identified to focus on manufacturing capacity expansion to cater to steadily increasing demand for polymer testing equipment. While strategic collaborations, acquisitions, and mergers are likely to facilitate expansion strategies of such players, the report indicates that they will aid companies in enhancing their regional footprint within untapped geographies such as APAC and Latin America.
The US-based Thermo Fisher Scientific recently announced the launch of a new business center and bio repository in Frederick, Md., which is expected to help the company meet the global demand for testing equipment and medical diagnosis.
Some of the key vendors that have been profiled in the polymer testing equipment market report include Aimil Ltd., Agilent Technologies, Inc., GÖTTFERT Werkstoff Prüfmaschinen GmbH, Thermo Fisher Scientific, Dynisco, AMETEK Inc., Hildebrand Prüf- und Meßtechnik GmbH, INNOVATEST, HexaPlast India, International Equipments, Advance Equipments, Edutek Instrumentation, Asian Test Equipments, Malvern Panalytical Ltd., Ray-Ran Test Equipment Ltd., and Testing Machines Inc.
Key Segment
On the basis of product type
- universal testing machine
- capillary rheometer
- pendulum tester
- melt flow tester
On the basis of test type
- mechanical
- physical
- thermal
- rheological
- optical test
On the basis of end use
- laboratories
- packaging
- textile
- construction
- aerospace & defence
Report Preview: https://www.futuremarketinsights.com/reports/polymer-testing-equipment-market
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