Mechanical Testing Equipment Market is Estimated to Reach at a US$ 6 Bn by 2022 | FMI

The global mechanical testing equipment market is projected total US$ 6 Bn by 2022, projecting growth at a remarkable CAGR of around 12% to 13% during the forecast period 2022-2032. The sales of mechanical testing equipment are expected to exceed US$ 7 Bn by the end of 2032, in comparison to the US$ 5.8 Bn registered in the year 2021.

This Mechanical Testing Equipment market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Mechanical Testing Equipment market.

The rampant rate of industrialization has been generating voluminous demand for mechanical testing equipment. With the active and rapid production processes, it becomes crucial for manufacturers to integrate mechanical testing equipment in manufacturing processes to control the quality of the product.

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The increasing need for quality control as well as quality assurance is generating the demand for mechanical testing equipment in the global market. Mechanical testing equipment has a wide array of application in the manufacturing industry – diverse applicability ranging from determining the elasticity of a rubber band to the strength of a bridge, mechanical testing equipment.

Mechanical testing equipment is available in variety for the testing of various parameters such as compression, adhesion, flexure, fatigue, shock, elasticity, vibration, tensile, and shear tests for ensuring the quality of material being tested.

Construction and Infrastructure Activities Creating Potential Demand Generation Opportunities

The upsurge in infrastructure as well as construction activities, specifically in developing countries, is expected to significantly raise the demand for iron and steel materials, thereby driving the mechanical testing equipment market. The rapid growth of the construction sector is a significant factor in the growth of mechanical testing equipment market in the forecast period.

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Metals such as steel and iron have a critical role in the construction sector and constantly underscore the significance of using high-quality products. Meanwhile, the need for reliability, durability, and safety of materials used in construction industry increases, the use of mechanical testing equipment also increases thereby generating the demand for the growth of mechanical testing equipment market. Rapid growth of the construction industry will drive the growth of the global automated mechanical testing equipment market.

Global Mechanical Testing Equipment Market: Key Dynamics

Need for Mechanical Testing Equipment Increasing in Testing of Food Products and Packaging Materials

The adoption of mechanical testing equipment is rising significantly in the food and packaging industry. Various types of materials, like plastic, paperboard, aluminum canning, as well as glass are used for packaging food products, such as vegetables, fruits, milk, cheese, snacks, meat, seafood, condiments and confectioneries.

Mechanical testing equipment plays a vital role in the food packaging industry. Market players in the industry offers a wide range of mechanical testing equipment for testing of the product to be packed.

  • For instance, Zwick Roell, a prominent player in the market, offers an extensive range of mechanical testing equipment for the testing of packaging material and test fixtures for viscosity measurements and texture analysis. From the testing of the firmness of sausage or cheese to the consistency of mustard and yogurt or tomato paste fixtures, mechanical testing equipment offered by the company serves the need.

Rising Export of Electronics & Semiconductor Products Supplementing Demand Growth

The rising exports of electronic goods from major electronics manufacturers of the countries, such as Japan, Taiwan, Singapore, and South Korea are increasing. The ever increasing demand for electronics and semiconductors is primarily because of the increasing penetration of smartphones in the global market. The shipment of smartphones and other consumer electronics is rapidly growing.

The mechanical testing equipment is of prime importance when it comes to the testing electronic components as it helps in the research and development of new product design as well as finished products. Various parameters involved in the electronics testing are shear, tension, adhesive/bond strength, peel strength, flexure, delamination, and force required for making the electrical contacts. Owing to these factors the demand for mechanical testing equipment is rising in the global market.

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Global Mechanical Testing Equipment Market: Competitive Landscape

The mechanical testing equipment market is fragmented with the presence of numerous global and local players who manufacture and supply an extensive range of products for testing different material parameters. Various local, as well as regional market players, are offering application-specific mechanical testing equipment for multiple end-users. The local manufacturers are finding it more and more difficult to compete with international manufacturers on the basis of quality, technological innovations, reliability, and durability.

Some of the prominent players operating in the global mechanical testing equipment market include Applied Test Systems, INSTRON, Torontech Group International, Zwick/Roell, MTS Systems, Hegewald&Peschke, AMETEK, Shimadzu, and others.

Global Mechanical Testing Equipment Market: Regional Outlook

The construction sector has a progressive outlook globally due to major construction activities, and infrastructure projects are under process. APEJ region is one of the major markets for infrastructure and construction industry and is expected to grow at the highest rate globally during the forecast period. Owing to this the APEJ region is expected to hold the prominent share of global mechanical testing equipment market in the forecast period.

The ongoing developments in real estate and infrastructure sectors in the Latin American region are the main reason for the considerable share of the region in the global market. Due to high developments in the technology and saturation in the industrialization, the North America region is anticipated to show constant growth in the global mechanical testing equipment market. The high demand for advanced and automatic testing equipment in the region are expected to rise during the forecast period.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with Mechanical Testing Equipment market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on

  • Mechanical Testing Equipment Market Segments
  • Mechanical Testing Equipment Market Dynamics
  • Mechanical Testing Equipment Market Size
  • Supply & Demand for Mechanical Testing Equipment Market
  • Current Trends/Issues/Challenges in Mechanical Testing Equipment Market
  • Competition & Companies Involved in Mechanical Testing Equipment Market
  • Technology in Mechanical Testing Equipment market
  • Market Value Chain
  • Market Drivers and Restraints

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
  • Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

Global mechanical Testing Equipment Market: Market Segmentation

The global market for mechanical testing equipment can be segmented on the basis of product type, end use, and region.

Segmentation of Mechanical Testing Equipment Market by Equipment Type-

  • Universal testing machine
  • Fatigue testing machine
  • Special testing machine

Segmentation of Mechanical Testing Equipment Market by End Use-

  • Manufacturing
  • Civil engineering
  • Pharmaceutical industry
  • Scientific institutions
  • Others

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Sound Level Meter Market is Estimated to Increase at a Healthy CAGR of 11.4% in 2032 | FMI

The sound level meter market size market is projected to expand between 2022 and 2032 at a CAGR of 11.4%. Sales of sound level metres are predicted by FMI to total US$ 9.1 billion in 2022 and US$ 16.3 billion in 2032.

Growth will be fueled by the growing need to reduce the effects of noise pollution on both the auditory and non-auditory systems in both developed and developing nations.

Sound level meter is commonly used for acoustic measurements by measuring different sound pressures. These level meters are commonly handheld instruments with a microphone. Sound level meter is also used for community noise analysis, building analysis, industrial noise control, and machinery noise control. Increasing use of sound level meters for measuring sound level and noise intensity is boosting the demand for sound level meter in the market.

Frequent use of sound level meters to control the non-auditory and auditory effects of the noise pollution is propelling the growth of level meters market across the globe.

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Sound level meter is used to measure the ambient volume with quick results. Moreover, Sound level meters are also used to determine the ambient temperature. The measurement of background noise is very important in almost every situation today.

Increasing use of level meters to determine the background noise is driving the sound level market significantly. Features such as large frequency range, robust ABS plastic housing, hold function, fast volume measurement and simultaneous temperature measurement makes sound level meters user-friendly.

Sound Level Meter Market Dynamics

Increasing noise pollution and necessity to measure it is driving the market growth significantly

Hazardous effects due to industrialization, jet planes and high usage of power devices and speakers is one of the serious concerns across the globe. Government bodies in various developed countries are already spending a tremendous amount of capital investment to maintain the noise pollution as per the guidelines.

Increasing need of sound level meter to maintain the noise level is creating the opportunities for the manufacturers to capture the significant market share of the sound level meter market.

Various industries such as construction, mining, aviation, and research industries require sound level meter frequently. Moderate use of sound level meters at various places such as road traffic, entertainment venues and manufacturing plants to measure the noise level is also boosting the sound level meter market considerably.

On the other hand, lack of presence of key manufacturers and lack of awareness related to the noise pollution in developing regions is one of the restraints that hamper the sound level meter market.

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Sound level meter Market- Competition Landscape

Key manufacturers of the sound level meters are PCE Deutschland GmbH, NTi Audio GmbH, Instrumex, Casella Inc., 3M, SVANTEK, RION, Testo and HIOKI.

Increasing noise pollution and stringent guidelines associated with the noise levels are one of the important factors that create opportunities for the manufacturers to capture considerable market share. Manufacturers are continuously focusing on providing affordable sound level meters as per the end use requirement.

  • Recently, PCE Deutschland GmbH, one of the leading manufacturers of the sound level meter has launched the noise level meter in the market with affordable price. This noise level meter includes features such as slow and fast time rating, backlit color LCD, large frequency range and fast volume measurement.
  • Adequate presence of manufacturers in key regions is fueling the market growth of the sound level meter significantly.

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Sound level meter market- Regional outlook

On the basis of geography, North America is anticipated to witness significant market growth during the forecast period due to factors such as industrialization, growing construction industry, and increasing manufacturing plants.

Furthermore, the presence of key manufacturers in this region is also promoting the growth of the sound level meter market. High adoption of sound level meters in countries such as UK, Germany, and France due to growing construction industry is driving the sound level meter market considerably.

Rapidly growing population and increasing road traffic density in the APEJ region is contributing to the growth of the sound level meter market. On the other hand, frequent use of this level meters in the mining industry in MEA region is propelling the growth of the sound level meter market.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment.

The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on

  • Sound Level Meter Market Segments
  • Sound Level Meter Market Dynamics
  • Sound Level Meter Analyzer Market Size
  • Sound Level Meter of Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Technology
  • Value Chain
  • Market Drivers and Restraints

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
  • Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

Sound level meter market- Segmentation

On the basis of Technology type, sound level meter market segmented into

  • Analog sound level meter
  • Digital sound level meter

On the basis of end use, sound level meter market segmented into

  • Construction
  • Aviation
  • Research
  • Defense
  • Others

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Ellipsometer Market is Expected to be Valued at US$ 72.86 Million in 2022 | FMI

The global ellipsometer market is projected to be valued at US$ 72.86 Million in 2022, expected to reach US$ 125.65 Million by 2032. A CAGR worth 5.6% is expected for the market during the 2022-2032 forecast period.

Materials such as films, are available in varied thicknesses. While thick films can be easily measured using varied devices, thin films are much more challenging to measure. Ellipsometer is a type of testing equipment that is used to measure and analyze thin films.

One of the key applications of an ellipsometer is in the semiconductor industry as it is used for measuring a thin layer of SiO2 on a silicon wafer throughout production. The demand for ellipsometers is expected to be driven by the availability of different types of ellipsometers which are application specific and more accurate.

The application of an ellipsometer in measuring the thickness and refractive index of thin films is increasing rapidly. Hence, the demand for ellipsometers is expected to increase significantly. Manufacturers are focusing on product innovation to deliver an industry compliant product and improve the accuracy of ellipsometers.

The leading manufacturers of ellipsometers are focusing on the addition of technological advancements in their products to improve the performance and add automation to ellipsometers. For example, J.A. Woollam offers M-2000 Ellipsometer. This is automated in nature and can accommodate wafers up to 200mm. After considering such parameters, the market is expected to witness significant growth over the forecast period.

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Ellipsometer Market: Drivers and Restraints

One of the prime factors fuelling the growth of the ellipsometer market is that this device can measure the refractive index as well as a thickness of thin transparent films to the lowest possible unit such as 1nm. This factor is creating a unique position for ellipsometers in the global market.

The increasing popularity of ellipsometry, a technique used to perform optical measurement, is ultimately fueling the demand as an ellipsometer is used in ellipsometry. The increasing demand for optical measurement in industries for production and development due to its non-invasive nature is another factor driving the growth of the ellipsometer market.

The users can customize the ellipsometer as per their requirements by altering some parameters such as the position of points, reflectivity of a tube, number of points, and others. The adoption of ellipsometers is increasing in industrial applications due to its unique features such as fast speed for analysis, compact size, lightweight, and others.

The factors mentioned above are some of the key factors which are expected to drive the ellipsometer market. On the other hand, lower adoption rate and high prices are some of the challenges hindering the growth of the market.

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Ellipsometer Market: Key Players

Some of the leading manufacturers of ellipsometers include Film Sense, HORIBA, Falex Corporation, Optosense, J.A. Woollam Co., Gaertner scientific corporation, Accurian GmBH, SENTECH Instruments GmbH, Angstrom Sun Technologies Inc., Semilab, and others. These leading manufacturers of ellipsometers are performing constant research and development to improve the accuracy and application areas of ellipsometers. The application in metallurgical industry is one of the ultimate factors fuelling the need for an ellipsometer.

Ellipsometer Market: Region-wise Outlook

Considering the demand for ellipsometers, North America is expected to lead the market. This trend is observed due to the dense presence of ellipsometer manufacturers as well as end users in this region. Europe is expected to follow North America due to the increasing applications of ellipsometers in the semiconductor industry in the region.

Also, some of the leading players such as Accurion GmbH, are focusing on data analysis through ellipsometers to deduce results such as layer thicknesses, absorption, refractive index, and other properties. The APEJ region is expected to register a significant CAGR growth rate due to rapid industrialization in this region, which is ultimately increasing the applications of ellipsometers in metallurgical operations.

On the other hand, the MEA region is expected to witness moderate growth due to a lower adoption rate of ellipsometers in this region

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.

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The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers an exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Technology
  • Value Chain
  • Market Drivers and Restraints

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
  • Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan ( Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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SCC Tester Market is Projected to Expand at a Prolific CAGR of 5%-6% in 2022 – 2032

The SCC Tester Market is anticipated to expand steadily between 2022 and 2032 at a CAGR of 5% to 6%. Market expansion will be aided by rising investments made in the construction and infrastructure sectors across numerous nations.

An SCC tester is fundamentally known as a slump cone concrete tester. An SCC tester is used for determining the workability and consistency of fresh concrete. One of its important functions is also to determine the water/cement ratio of a concrete mixture. An SCC tester is used to determine or to verify the superiority of a sample on the field or in a laboratory.

An SCC tester detects the characteristics of fresh concrete. The test performed by an SCC tester is to determine the slum flow and the compacting time of fresh concrete.

Concrete testing is one of the important aspects to be considered while constructing any structure or building. The quality and strength of concrete plays a significant role in the construction field. The demand for SCC testers has been increasing in applications such as construction of pipes, drains, roads, dams, bridges, buildings, etc.

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Lately, governments around the world are investing a lot for improving the construction and infrastructure field. At present, the construction sector is a widely developing segment in various counties around the world. This is expected to fuel growth of the SCC tester market.

Low Cost with High Benefits Associated with SSC Testers to Drive Global Market Growth

The prominent benefit offered by an SCC tester is that it is the simplest test to determine the workability of concrete. Coupled with this, the cost associated with SCC testers is very low, which is fuelling the growth of this market. Also, SCC testers provide immediate results related to fresh concrete. Due to these factors, SCC testers are used all over the globe. Ultimately, these parameters are driving growth of the SCC tester market.

Manufacturers are introducing advanced products for example, Multiserw-Morek, one of the vendors of SCC testers, launched a low-cost steel sheet SCC tester with protection against corrosion, which is lightweight, and also a portable SCC tester.

The low maintenance cost associated with SCC testers is significantly surging the growth of the SCC tester market. SCC testers are easy to use and give quick results, and these factors are also helping improve growth of the market.

Improper Mixing Methods Can Lead to Incorrect Results

A restraint to the growth of the SCC tester market is that the mixing methods, admixtures, properties of materials, and dosage can affect the calculations and lead to incorrect results. Also, neglecting cleanness before and after usage can affect the working of an SCC tester. These are some of the obstacles that can affect growth of the market for SCC testers.

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SCC Tester Market: Competition Landscape

Some of the prominent players in the SCC tester market are Aimil Ltd., Acme scientific International, MICROTEKNIK, Sun LabTek Equipments Pvt. Ltd., NL Scientific Instruments Sdn Bhd, HUMBOLDT Mfg. Co., MATEST, etc.

SCC Tester Market: Regional Overview

On the basis of geography, major economies such as Germany, United States, Japan, and China are capturing a substantial market share in the SCC tester market. Owing to fast growth in the construction and infrastructure segment, there has been an increase in the use of SCC testers.

Growing concerns of various countries such as the United Arab Emirates and India are also significant influences that are driving the growth of the SCC tester markets in these areas. Similarly, Europe is expected to observe decent growth in the global SCC tester market, owing to increasing government funding towards automation and construction technologies. The market in Asia Pacific is also expected to increase at a higher CAGR, owing to numerous steps taken by governments in development activities in the sector of construction and infrastructure.

The SCC tester market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The SCC tester market report also maps the qualitative impact of various market factors on market segments and geographies.

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The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the SSC Tester Market
  • Technology
  • Value Chain of the SSC Tester Market
  • Market Drivers and Restraints

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
  • Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

SCC Tester Market: Segmentation

The SCC tester market has been segmented on the basis of test, end result, application, end use, and region.

Segmentation on the Basis of Test:

  • Workability
  • Water/Cement Ratio
  • Consistency

Segmentation on the Basis of End Result:

  • True Slump
  • Zero Slump
  • Shear Slump
  • Collapsed Slump

Segmentation on the Basis of Application:

  • Piping
  • Bridges
  • Dams
  • Roads

Segmentation on the Basis of End Use:

  • Construction Industry
  • Civil Engineering
  • Government Contracts

Report Highlights:

  • Detailed overview of SCC tester parent market
  • Changing market dynamics in the industry
  • In-depth SCC tester market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape of SCC tester
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on SCC tester market performance
  • Must-have information for market players to sustain and enhance their market footprint

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Melting Point Apparatus Market is Estimated to Grow at a CAGR of 7.5% in 2022-2032 | FMI

The melting point apparatus market size is anticipated to increase steadily at a CAGR of 7.5% during the forecast period, reaching US$ 34.1 Bn in 2032. (2022-2032). According to FMI, the market for melting point equipment is expected to reach US$22.3 billion in 2022.

It is anticipated that the rising demand for melting point apparatus in the chemical and pharmaceutical industries will be good news for the global market.

There is increasing demand for the melting point apparatus in the field of pharmaceutical, chemical and material industries. The melting point apparatus is widely used in the chemical and material industries for determination of the melting point of a measured substance.

Along with that, there is increasing demand for the melting point apparatus in the research laboratories for analyzing the melting points of various materials, elements or the substances for improving the quality of the desired material. Thus, these factors are propelling the growth of the melting point apparatus at significant CAGR during the forecast period.

Melting point apparatus is an instrument that helps chemists to determine the characteristics of the compound at a particular temperature when it converts from solid to liquid. Most of the compounds and elements have the specific temperature at which it melts. The melting point of a component is essential for understanding its application and performance, as well as ensuring its safe use and quality.

Manufacturers are focusing on development of various equipment which are user-friendly and easy to use.

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Melting Point Apparatus Market: Competition Landscape

Some of the prominent players in the global melting point apparatus market are BUCHI, Stanford Research Systems, Kruss, AZO Materials, Bibby-Electrmal, Bibby-Stuart, Jinan Hanon Instrument, JiaHang Instruments, Shanghai Benang Instruments, METTLER TOLEDO, Jingtuo Instruments, and Shanghai Instrument Physical Optics Instrument.

Key manufacturers of melting point apparatus are focusing on collaboration and acquisitions. Along with that, the vendors are engaged in offering technically advanced and improved melting point apparatus for better performance. Moreover, manufacturers of the melting point apparatus are focused on providing economical and low maintenance melting point apparatus to the consumers.

High adoption of melting point apparatus in North American and European countries due to increase in the research laboratories and increase in expenditure in research and development is fueling the growth of melting point apparatus market. New product launches and acquisitions are one of the key strategies adopted by key manufacturers of the melting point apparatus market.

Melting Point Apparatus Market: Regional Overview

On the basis of geography, countries with significant economies such as US and Canada in North America are expected to capture substantial share in terms of revenue of melting point apparatus market. Due to rapid growth in the field of research laboratories and increasing government spending on academic institutes in North America is eventually fueling the growth of the melting point apparatus market.

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European countries such as France, Germany are estimated to hold a significant market share in the melting point apparatus market. Furthermore, Asia Pacific Excluding Japan is also expected to capture significant share in the melting point apparatus market due to increasing chemical industries and government spending on academic institutes.

Also, growth in investments in research and development in Asia Pacific Excluding Japan is expected to fuel the growth of the market during the forecast period at substantial CAGR.

In Middle East Africa, there is increase in number of chemical & material industries along with that, increasing government spending on the research laboratories for enhancing the quality of the instruments is expected to drive progressively the demand for the melting point apparatus market during the forecast period in Middle East Africa.

Growing spend by government on research laboratories is eventually boosting the growth of the melting point apparatus market during the forecast period across the globe.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

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The report covers exhaustive analysis on

  • Melting point apparatus Market Segments
  • Melting point apparatus Market Dynamics
  • Melting point apparatus Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Technology
  • Value Chain
  • Market Drivers and Restraints

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
  • Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

Melting Point Apparatus Market: Segmentation

Global Melting Point Apparatus Market has been segmented on the basis of product type, end use, and region.

The segmentation on the basis of product type:

  • Hot stage Apparatus
  • Capillary Tube
  • Others

The segmentation on the basis of end use:

  • Chemical & Material
  • Pharmaceuticals
  • Research Laboratories
  • Academic Institutes
  • Others

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Glass Testing Equipment Market is Projected to be Worth US$ 1.75 Bn in 2022 | FMI

The Glass Testing Equipment Market is anticipated to be worth US$ 1.75 billion in 2022 and to increase at a CAGR of 4.5% to US$ 2.72 billion from 2022 to 2032. Growth is attributed to an increase in the use of glass testing tools by glass suppliers and construction companies.

With the rapid growth in the glass industry, the demand for glass testing equipment is also increasing rapidly. Glass testing equipment is used for the measurement of various parameters such as tension, breaking force, and rupture of a glass.

In addition, the growing usage of glass in automotive, construction, and sound proofing applications is creating the demand for glass testing equipment. Moreover, with the emergence of advanced manufacturing technologies in various industrial sectors, the demand for Glass Testing Equipment is expected to proliferate.

Also, the increasing use of glass testing equipment by glass merchants and building contractors is driving the growth of glass testing equipment market. Moreover, the growing usage of glass materials in food & beverages packing industries is creating significant growth opportunities for glass testing equipment market.

The increasing demand for ultra-thin glasses for flat screens, majorly in Asia Pacific and Europe is propelling the growth of glass testing equipment market. Also, stringent government rules and regulations to replace plastics with glass is supporting the adoption of glass products and which in turn, is generating the huge demand for glass testing equipment.

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Stringent Safety Standards in Automotive Industry

Glass used in Automotive Industry has to undergo different types of testing and safety regulations.  Manufacturers/Supplier of glass testing equipment need to make sure that the glass used in cars, buses, trucks and vehicles such as mobile homes, caravans must comply with stringent safety standards. These stringent regulations are driving the growth of glass testing equipment market.

Regulations which are applicable to glass for Automotive use are:

  • United Nations ECE Regulation 43 – These are applicable to safety glazing materials which are used as windscreens for power driven vehicles. Manufacturers of Glass Testing Equipments are offering various type of testing services which are in compliance with these stringent standards. These tests include color test, resistance to fire, high temperature test, abrasion tests and other critical tests.
  • European EC Directive 92/22, adapted by 2001/92/EC– This standard is applicable to safety glazing material for motor vehicles
  • European EC Directive 2009/144 – This standard is applicable to windscreen and glazing components which are used in tractors for agricultural purpose

In addition, the growing usage of glass testing equipment for mandatory periodic safety tests in industries is boosting the demand of glass testing equipment market. Apart from this, increasing precision, service life, and portability of glass testing equipment is also one of the major factors which supports the adoption of glass testing equipment.

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Glass Testing Equipment Market: Competition Landscape 

Key Players

Prominent players in the global glass testing equipment market are Merlin Laser, GSR Laser Tools, Ceralabel-Green, Glass Technology Services Ltd., Presto, Instron, ZwickRoell, Arg International, Laser Tools, Presto Testing Instruments, Canned Instrument Ltd., and Duran Group.

Glass Testing Equipment Market: Regional Overview

On the basis of geography, Asia Pacific is projected to capture the significant market share in terms of value in glass testing equipment market owing to the increasing urbanization and rapid infrastructural development in various countries of the region such as China, India, and Japan. Also, the economic stability and substantial production of glass in the regions are expected to have a positive impact on the growth of glass testing equipment market in the Asia Pacific.

Moreover, Europe and North America are expected to capture substantial market share in global glass testing equipment market due to significant investments in construction sector and rapid demand for glass in food & beverage sectors of the region. Moreover, the presence of key glass testing equipment provider in the U.S. is also supporting the significant growth of glass testing equipment market in North America. Furthermore, the glass testing equipment markets in Latin America and Middle East & Africa are expected to witness high growth rates owing to the rapid industrialization in various countries such as GCC Countries, Brazil, and Mexico.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

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The report covers exhaustive analysis on:

  • Glass Testing Equipment Market Segments
  • Glass Testing Equipment Market Dynamics
  • Glass Testing Equipment Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges in Glass Testing Equipment Market
  • Competition & Companies Involved in Glass Testing Equipment Market
  • Technology
  • Glass Testing Equipment Market Value Chain
  • Glass Testing Equipment Market Drivers and Restraints

Regional analysis of glass testing equipment market includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
  • Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan ( Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

Glass Testing Equipment Market: Segmentation

Glass Testing Equipment Market by Product:

  • Glass Measurement Gauge Glass Testing Equipment
  • Glass Stress Viewer Glass Testing Equipment
  • Coating Detector Glass Testing Equipment
  • Glass Analysis Accessories Glass Testing Equipment

Glass Testing Equipment Market by End-Use:

  • Glass Testing Equipmentfor Glass Manufacturers
  • Glass Testing Equipmentfor Glass Packaging Companies
  • Glass Testing Equipmentfor Building Contractors
  • Glass Testing Equipmentfor Others

Glass Testing Equipment Market by Region:

  • North America Glass Testing EquipmentMarket
  • Latin America Glass Testing EquipmentMarket
  • Europe Glass Testing EquipmentMarket
  • Asia Pacific Glass Testing EquipmentMarket
  • Middle East and Africa Glass Testing EquipmentMarket

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Market Research Methodology – Perfected through Years of Diligence

A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Biomedical Tester Market is Estimated to Reach at a US$ 1.9 Bn in 2022 | FMI

The Biomedical Tester Market is expected  to be valued at US$ 1.9 Billion in 2022, forecast to grow at a CAGR of 4% to be valued at US$ 2.8 Billion from 2022 to 2032.  As of 2021, the market was valued at US$ 1.8 Billion in FY 2021, and is likely to reflect a Y-o-Y growth rate of 5.5%.

Biomedical testers are used to perform biomedical research, test research validation, and development of biomedical devices. Vendors offer biomedical tester for both modular equipment and electric fatigue test instrument. The manufacturing of medical equipments and products is surging every year.

The continuous innovation and technological advancements in the biomedical tester are driving the global biomedical tester market. Biomedical tester plays a key role in the performance and compatibility of biomedical material.

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The high need for error-free machines is creating a massive demand for the biomedical testers. Since, biomedical products are directly associated with the health and lives of the patient, the biomedical testers are very important and need to be upgraded as per the requirements. Vendors are also upgrading Biomedical Testers to provide simplified data for analysis.

Among the biomedical testers, electrodynamics tester is considered as one of the best test machines because of its versatility. The biomedical tester can be used for tensile testing of biological tissue as well as for complex cyclical biaxial fatigue applications.

Biomedical tester also validates and test for packaging of biomedical devices. Results obtained by biomedical tester must be submitted to FDA for approval. Vendors offer biomedical tester with user-friendly features, easy portability, simple and quick installation, visible and remote display, reduced cost, and other features.

Generally, the biomedical tester is used in three phases, i.e. in the initial stage of research for biomaterial devices, design verification testing, and the design validation testing. Many challenges are faced during the development of medical devices for 510k submissions i.e. submission made to Food and Drug Administration (FDA) to demonstrate that the device to be marketed safe and effective, are legally marketed.

The primary tests performed by the biomedical tester are functionality testing, performance testing, and verification testing. The continuous research and development for developing advanced biomedical tester and up gradation in software is fuelling the demand for the global biomedical tester, globally.

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Biomedical Tester Market: Dynamics

The growing production and consumption of biomedical devices and equipment are fuelling the demand for the biomedical tester. The regulation and standards such as the Accreditation Association for Ambulatory Health Care Inc. (AAAHC), NFPA 99, and other standards play a key role in the growth of biomedical testers market.

The developments such as automated biomedical tester, advancement in precision and speed, simulation and data analysis capabilities, the multi-functional devices are expected to have the positive impact on the demand for biomedical tester and will significantly drive the global biomedical tester market.

Challenges associated with the biomedical tester which are restraining the market growth are continuous up gradation in software and lack of skilled professionals for the use of biomedical tester. However, vendors are continuously focused on the development of advanced biomedical tester and to provide training and support for the use of biomedical tester.

Biomedical Tester Market: Key Players

Some of the key players for biomedical tester market are Fluke, Datrend Systems Inc., Seaward Electronic Ltd., Dynatech CBET, Southeastern Biomedical, Presto Group, Illinois Tool Works Inc., NETECH CORPORATION, BDC Laboratories, Response Biomedical Corp., and others.

Biomedical Tester Market: Regional Overview

North America and Western Europe are expected to have a prominent market share during the forecast period of the global biomedical tester. The presence of a huge customer base in the U.S. and growing healthcare sector is fuelling the demand for biomedical tester in the U.S. market. Developing countries of Asia Pacific excluding Japan is expected to witness high Y-o-Y during the forecast period.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

For any Queries Related with the Report, Ask to Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-8481

The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Technology
  • Value Chain
  • Market Drivers and Restraints

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
  • Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan ( Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

Biomedical Tester Market: Segmentation

Biomedical tester market segmentation based on the test type-

Biomedical tester market can be segmented as:

  • Functionality testing
  • Performance testing
  • Verification testing

Biomedical tester market segmentation based on the device type-

Biomedical tester market can be segmented as:

  • Patient Monitor Simulators
  • Infusion Pump Analyzer
  • Portable Oscilloscopes
  • Electrosurgery analyzer
  • Defibrillator analyzer
  • Others

Biomedical tester market segmentation based on the end-user-

Biomedical tester market can be segmented as:

  • Healthcare sector
  • R&D laboratories
  • Educational Institutes
  • Others

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Vibration Analyzer Market is Estimated to Reach at a US$ 186.2 Mn in 2032 | FMI

The vibration analyzer market is projected reached a valuation of US$ 152.9 Mn in 2022 and expected to reach US$ 186.2 Mn in 2032, at a 9.4% CAGR from 2022-2032.

Vibration analyzer is a handheld measurement device for the individual assessment of vibration on the machines and systems. Vibration analyzer is also used for measuring speed, distance, and acceleration of the machines in various industries such as automotive, mining, electronics, aerospace and defense, energy and power. With the help of vibration analyzer, the actual state of the machines and system can be determined accurately.

Vibration analyzers are used for the identification of machine faults, localization of affected components, optimization of spare parts logistics and planning of maintenance measures. Increasing demand for the vibration analyzer due to its failure identifying capability is ultimately boosting the demand for vibration analyzer market.

Regular use of vibration analyzer in industries to maintain the proper functioning of machines is boosting the growth of the vibration analyzer market globally. Some of the aspects such as growing need for vibration monitoring through wireless system, growing demand for industrial applications are fuelling the growth of the vibration analyzer market.

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Technical features such as automatic shutdown, wide frequency range, light in weight and equipped with magnetic wall mount make vibration analyzers user-friendly. Affordable prices of the vibration analyzers with user-friendly interface creates considerable demand for analyzers in the market.

Vibration Analyzer Market: Key Dynamics

High adoption of vibration analyzer for predictive maintenance

Vibration analyzers are used in industries to ensure the proper maintenance of the machineries. Increasing use of vibration analyzer in industries to perform vibration analysis of machineries is propelling the demand for vibration analyzer in the market.

High adoption of vibration analyzer by maintenance professionals to remove the fault from the machineries is also driving the vibration analyzer market significantly. Vibration analyzer gives vibration testing results within few minutes, with detailed analysis. The ability of the vibration analyzer to provide accurate and reliable testing results with preventive measures is ultimately helping to grow the vibration analyzer market.

Rapidly growing industries such as food and beverage, electronics, aerospace, and defense require vibration analyzers on large scale for maintenance purposes. Frequent use of this analyzer in these industries is contributing to the growth of vibration analyzer market across the globe.

On the other hand, extra cost of maintenance on existing machineries is boosting the growth of sales of new equipment. New equipment is not required to be tested by vibration analyzers very frequently, which acts as a restraint for the growth of vibration analyzer market.

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Vibration analyzer market: Competition Landscape

Increasing use of portable vibration analyzer in industries due to various factors such as easy to use, low cost and high-performance analysis creating the opportunities for the manufacturers to capture the significant market share of the vibration analyzer.

Some of the key manufacturers of the vibration analyzers are PCE Deutschland GmbH, SKF, RION co., Ltd, National Instruments Corporation, Honeywell International Inc, ACOEM AB, Analog Devices, Inc. and Data Physics Corporation.

  • Manufacturers are concentrating on providing advanced vibration analyzers to the end users. Recently, ACOEM AB, one of the manufacturers of the vibration analyzer launched smart vibration analyzer includes the features such as touchscreen interface, MS word reporting, Wireless Triaxial sensor, and Both right and left hand operation.

Increasing capital investments in aerospace and defense industry in the North America region is one of the prime factors that dominate the vibration analyzer market. Furthermore, growing food industry in this region is also fuelling the demand for analyzers. Europe is expected to follow North America region in terms of demand for vibration analyzer due to rapid industrial growth.

Moreover, APEJ region is expected to witness significant market growth rate over the forecast period due to increasing automotive manufacturing plant in the region. On the other hand, MEA region is expected to account for moderate market share in terms of demand for vibration analyzer due to increasing focus on industrial development.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment.

The report also maps the qualitative impact of various market factors on market segments and geographies.

For any Queries Related with the Report, Ask to Analyst@
https://www.futuremarketinsights.com/ask-question/rep-gb-9503

The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • analyzer Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Technology
  • Value Chain
  • Market Drivers and Restraints

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
  • Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

Vibration analyzer market: Segmentation

On the basis of product type, vibration analyzer market segmented into

  • Portable
  • Handheld

On the basis of application, vibration analyzer market segmented into

  • Velocity and displacement measurement
  • Vibration monitoring

On the basis of component, vibration analyzer market segmented into

  • Hardware
  • Software

On the basis of End use, vibration analyzer market segmented into

  • Food and Beverage
  • Electronics
  • Automotive
  • Aerospace and Defense
  • Oil and gas
  • Energy and power
  • Others

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Decanol Market | Recent Trends, Consumption by Regional data, Development, Investigation, Growth Forecast to 2027

Decanol is a straight chain fatty alcohol used in the manufacture of solvents, plasticizers, surfactants, and lubricants. It is a colorless viscous liquid with a strong odor and is insoluble in water. The other names for decanol are decyl alcohol and decatyl alcohol.

Decanol is used as a lubricant oil additive, a plastic lubricant and aluminum rolling lubricant in the lubricants industry. As lubricants, decanol is used to keep the machine parts dry owing to their faster evaporation rate. Decanol has the ability to permeate the skin, so it also finds the wide area of application in the pharmaceutical industry as a penetration enhancer.

Decanol is also used in conditioners, lotions, and creams in the personal care industry. In surfactants, decanol is used in many applications such as shower gels, liquid soaps, fabric softeners, laundry detergents etc. Decanol has the property of biodegradability and therefore it degrades in the environment.

However, decanol is intensely toxic and harmful to aquatic life. Decanol also causes mild skin irritation when exposed in large quantity to the skin. Decanol is also substantially used in the coatings and cleaning agents.

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Global Decanol Market: Dynamics

Rising urbanization, increasing penetration of pharmaceutical industries and ageing population are the main influencers to drive the shifting consumer preferences. The decanol market is observing growth owing to the increasing saturation of surfactant-based industries such as soaps and detergents, oil & gas, personal care and cosmetics, textiles, etc.

In addition to this, the decanol market is also witnessing growth owing to the wide-area consumption of fatty alcohols and flexibility in feedstock availability in the emerging economies. The increasing purchasing power of the middle class and the growing urbanization boosts the domestic and industrial cleaning across the globe thereby, driving the decanol market globally.

The demand for decanol is driven owing to their substantial and effective use in manufacturing surfactants and as lubricant additives with mineral oil. The increased consumption of decanol in the manufacturing of soaps and detergents which are used as cleaning agents in residential, commercial and industrial sectors will create growth opportunities for the decanol market during the forecast period.

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In addition to this, the increased demand for the industrial and household sanitation is also anticipated to enhance the growth of decanol market.

As the concerns regarding the effect of petrochemicals on the environment have provoked the use of sustainable chemicals. The trend to reduce dependence on petrochemicals and to decrease carbon footprint, a shift towards the development of base chemicals and biodegradable products through bio-based raw materials is observed.

The extensive research and development programs and increasing cost of production to comply with the quality of products is a major restraint for the decanol market. In most of the countries, the adoption of stringent regulatory guidelines is expected to increase, as well as, a ban on variable cost parameters and key raw ingredients might hamper the potential growth of the decanol market.

Global Decanol Market: Region-wise Outlook

The global decanol market is segregated into Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The global market for decanol is expected to grow during the forecast period. Asia-Pacific is projected to dominate the decanol market owing to the increasing demand for personal care products.

India and China are expected to be the prominent consumer of decanol in the Asia-pacific region owing to the presence of established end-use industries in the countries of these emerging economies. The growth of polymer processing industries in North America and Europe is expected to fuel the demand of the decanol market.

Global Decanol Market: Key Players

Examples of some of the key players identified across the value chain of the Global decanol market are: Sasol, Royal Dutch Shell Plc., Kao Corporation, Procter & Gamble, Global Green Chemicals Public Company Limited, Musim Mas Holdings, Emery Oleochemicals, Suriachem Sdn Bhd, Asean Oleochemical Manufacturers Group, Finetech Industry Limited, VVF (India) Ltd, TCI Chemicals (India) Pvt. Ltd, Syntree Inc, Tractus.

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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Rice Milk Market Is Projected To Increase At A CAGR Of 6.2% Over The Forecast Period

According to a recent report by Future Market Insights, total sales of rice milk market are estimated to reach a valuation of US$ 614.3 Mn in 2022, surging at a 6.2% CAGR over the assessment period.

Rice milk has a flavor, taste, and texture that is very similar to cow’s milk, emerging as one of the most preferred plant-based milk substitutes. Increasing demand for dairy alternatives among lactose-intolerant and nut-intolerant consumer’s individuals will drive the market in the forthcoming years.

In addition to this, increasing adoption of functional diets such as keto, vegan and gluten-free will continue boosting sales of rice milk over the forecast period.

Rice milk is an excellent substitute for those who are allergic to dairy, are vegan, or lactose intolerant. It is also a fat-free option for health-conscious consumers. Rice milk powder is also being incorporated in baked goods, snacks, confectioneries, and beverages. Backed by the aforementioned factors, sales of rice milk will remain high over the assessment period.

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“Rising awareness regarding the functional benefits of rice milk, along with increasing incorporation of rice milk powder in infant food and nutraceuticals will continue augmenting the growth in the market,” says an FMI analyst.

Key Takeaways:

  • Demand in the U.S. rice milk market is poised to surge at a 4.2% CAGR over the forecast period.
  • Malaysia will emerge as a lucrative pocket in the South Asia rice milk market, with sales growing at a 9,8% CAGR through 2032.
  • Based on form, demand for rice milk powder will continue gaining momentum.
  • In terms of end use, the food & beverage segment will account for a dominant share in the global market.
  • By distribution channel, sales of rice milk through online channels will remain high.

Competition Landscape

Key players operating in the global rice milk market are investing in partnerships and collaborations to improve their global presence. They are also launching clean-label and non-GMO products to gain a competitive edge in the market. For instance:

Ø Vinamilk, a popular dairy company based in Vietnam, launched a plant-based drink with rice as the main ingredient in August 2019.

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Key Companies Profiled

  • Stremicks Heritage FoodsTM, LLC
  • Essona Organics, Inc
  • Nutra Organics
  • Danone
  • The Hain Celestial Group, Inc
  • Campbell Soup Company
  • Nature’s Choice
  • PANOS brands
  • VitaRice Australia Products Pty Ltd
  • Pureharvest Pty ltd
  • freedom foods group Ltd
  • OKF Corporation
  • The Italian Way
  • RITA FOOD and DRINK CO.,LTD
  • Fine Japan Co. Ltd.
  • Nutriops S.L
  • BSCM Foods Co., Ltd.
  • RISO SCOTTI S.p.A.
  • Dinavedic
  • Axiom foods inc

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of rice milk presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on the rice milk is based on form (powder and liquid), source (organic and conventional), end use (food & beverages, nutraceuticals and baby food, personal care, and pharmaceuticals), and distribution channel (supermarket/hypermarket, convenience stores, food specialty stores, online retailers, and Others) across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

The report covers exhaustive analysis on:

  • At what rate will the rice milk market grow?
  • What are the key factors driving the rice milk market?
  • Which is the most lucrative region for the rice milk market?
  • What are the key strategies adopted by leading players in the rice milk market?
  • Who are the key players in the rice milk market?

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