Global Rheometer Market to Grow at a CAGR of 5% During 2024-2032, Aided by the Growing Demand from Major End-Use Sectors

The global market for rheometer is being driven by the growing product demand from the major end-use sectors and rapid industrialisation across the globe. North America is one of the significant regions for the product. The expanding applications of rheometer in the cosmetics and pharmaceuticals sectors are expected to significantly contribute to the sales of the product. Within North America, the United States is one of the major regions for the product and occupies a significant share in the industry. Anton Paar GmbH, one of the key players in the industry, has made some of the most significant investments into the American market over the past year, which, includes its acquisition of Quantachrome Instruments and continued massive expansion of the USA subsidiary in 2018. The company had opened three additional USA offices in Los Angeles, Houston, and Chicago.

The rheometer industry is witnessing continuous demand from the major beer and soft drink manufacturers as well as companies active in the food and chemicals sectors. The growing focus of manufacturers on mechanism reform and core technology improvement is further boosting the industry growth. Besides this, the growing investments in brand establishment are expected to significantly contribute to the industry growth. The growing availability of rheometer through online platforms like Amazon.com, Inc. (NASDAQ: AMZN) and Alibaba Group Holding Ltd (NYSE: BABA) is expected to significantly contribute to the market growth over the forecast period.

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Market Breakup by Type, Application, and Region:

• By type, the industry can be segmented into capillary rheometer, dynamic rheometer, torque rheometer, oscillatory rheometers, and high-throughput rheometers, among others.
• On the basis of application, the industry can be divided into food and beverage, paints and coatings, polymers, pharmaceuticals and cosmetics, and petrochemicals, among others.
• Region-wise, the global market for rheometer can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The market is being driven by the growing demand for rheometer in various end-use sectors, particularly polymers and petrochemicals.
• The rapid urbanisation and industrialisation, particularly in developing nations, is also aiding the market growth.
• The growing focus of manufacturers on enhancing production efficiency and performance of rheometer is further accelerating the industry growth.
• The growing technological advancements are expected to provide a further push to the industry.

Key Offerings of the Report:

• The EMR report gives an overview of the global market for rheometer for the periods (2018-2023) and (2024-2032).
• The report also offers historical (2018-2023) and forecast (2024-2032) market information for the types, applications, and major regions of rheometer.
• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global rheometer market include Anton Paar GmbH, Fann Instrument Company, Biolin Scientific AB, and TA Instruments, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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