Particle Size Analysis Market by Technology (Laser Diffraction, DLS, Imaging, Coulter Principle, Sieving, Nanoparticle Tracking), Dispersion (Wet, Dry, Spray), Enduser (Pharma-biotech, Cosmeceutical, Chemicals, Food, Academia) - Global Forecasts to 2028

"The particle size analysis market is projected to grow at a CAGR of 6.0% during the forecast period (2023-2028)."

The particle size analysis market is projected to reach USD 596 million by 2028 from USD 446 million in 2023, at a CAGR of 6.0% from 2023 to 2028. The growth of the particle size analysis market is the rise in research endeavors within the realm of nanotechnology, amplified investments in pharmaceutical research and development, and the enforcement of strict regulatory standards for product quality across various sectors. Nevertheless, substantial import tariffs imposed on particle size analyzers in emerging economies and limitations in the scope of particle characterization are anticipated to impede market growth.

"The laser diffraction segment held the largest share of the market in 2023."

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Based on technology, the particle size analysis market is segmented into laser diffraction, dynamic light scattering, imaging, Coulter principle, nanoparticle tracking analysis, and other technologies. The laser diffraction segment held the largest market share in 2023. The market is expected to experience growth due to the expansion of efforts to promote awareness of laser diffraction, the upsurge in corporate training programs, higher research and development investments within the pharmaceutical and biotechnology industries, and the mounting concerns surrounding food safety.

"The wet dispersion segment to hold a major share of the particle size analysis market during the forecast period"

Based on dispersion, the particle size analysis market is segmented into wet dispersion, dry dispersion and spray dispersion. The wet dispersion segment is projected to register the highest CAGR of dispersion market from 2023 to 2028. The rapid growth in this market segment is primarily attributed to the expanding utilization of nanoparticles, which are primarily examined through liquid dispersion methods.

"The market in the North America region is expected to witness the highest growth during the forecast period."

The particle size analysis market region is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. the North America region is expected to register the highest CAGR during the forecast period 2023 TO 2028. primarily due to evolving healthcare infrastructure and the increasing focus of major players in the region. Furthermore, governments across North American nations are placing a strong emphasis on guaranteeing product quality, with particle size analyzers serving a pivotal role in quality control measures. These factors are anticipated to fuel the growth of the particle size analysis market in this region.

A breakdown of the primary participants referred to for this report is provided below:

By Company Type: Tier 1- 30%, Tier 2- 42%, and Tier 3- 28%
By Designation: Director-level- 40%, C-level- 50%, and Others- 10%
By Region: North America- 40%, Europe- 30%, Asia Pacific- 22%, Latin America- 06%, Middle East and Africa-02%

The prominent players in the particle size analysis market are HORIBA (Japan), Danaher (US), Spectris (UK) and others.

Research Coverage

This report studies the particle size analysis market based on technology, dispersion, type, end user, and region. It also covers the factors affecting market growth, analyzes the various opportunities and challenges in the market, and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their growth trends and forecasts the revenue of the market segments with respect to three main regions (and the respective countries in these regions).

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This release was published on openPR.