Patent Expiry of Blockbuster Drugs and Biomolecules—Primary Driver of the Thermal Analysis Market

"Thermal Analysis Market by Product (DSC, TGA, STA, DTA, TMA, DMA, Pressure Differential Scanning Calorimetry), Functionality (Single, Simultaneous), End User (Pharma-Biotech Co, Food Processing Co, Petrochemical Co, Academia) - Global Forecast to 2022", published by MarketsandMarkets™, the market is expected to reach USD 640.7 Million by 2022 from USD 511.5 Million in 2017, at a CAGR of 4.6%.

Browse 66 Market Data Tables and 34 Figures spread through 152 Pages and in-depth TOC on "Thermal Analysis Market"

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The differential scanning calorimetry (DSC) analyzers segment is estimated to account for the largest share of the Thermal Analysis Market in 2017 

On the basis of product, the market is categorized into differential scanning calorimetry analyzers, thermogravimetric analyzers, simultaneous thermal analyzers, differential thermal analyzers, thermomechanical analyzers, dynamic mechanical analyzers, and other thermal analyzers. The large share of the differential scanning calorimetry analyzers segment is attributed to the rising adoption of DSC analyzers in the food industry, technological advancements, the ease of use and speed offered by these products, and significant applications of these analyzers in fields such as microfluidics, drug discovery, pharmaceuticals, molecular biology, and nanoscience.

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Chemical & material manufacturers are expected to hold the largest end users share of the market in 2017 

By end user, the Thermal Analysis Market is segmented into pharmaceutical & biotechnology companies, chemical & material manufacturers, food & beverage industry, petrochemical industry, research & academia, and other end users. In 2017, the chemical & material manufacturers segment is expected to hold the largest share of the Thermal Analysis Market. Growth in key end-use industries of chemicals, polymers, and materials (such as automotive, construction, electronics, healthcare, textiles, and FMCG) is the major factor driving the growth of this end-user segment.

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North America is expected to dominate the Thermal Analysis Market during the forecast period 

Geographically, the Thermal Analysis Market is segmented into North America, Europe, Asia Pacific, and the rest of the world. North America is expected to account for the largest share of the global Thermal Analysis Market during the forecast period (2017-2022). The growth of the North American region is attributed increasing industrial R&D expenditures across various end-user industries; availability of private-public funding for research studies, stringent regulatory norms for drug development; and strict food and product safety regulations.

The major players operating in the Thermal Analysis Market include Waters (US), NETZSCH (Germany), LINSEIS (Germany), Mettler-Toledo (US), PerkinElmer (US), SETARAM (France), and Shimadzu (Japan).

Global Thermal Analysis Market Top Industry Key Players Analysis 2017-22

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The global thermal analysis market is expected to grow at a CAGR of 4.6% between 2017 and 2022. Factors such as increasing production of crude and shale oil, patent expiry of blockbuster drugs and biomolecules, and stringent food and product safety regulations are driving the thermal analysis market.

Analysis of the market developments between 2014 and 2017 revealed that several growth strategies such as product launches, enhancements, strategic acquisitions, agreements, contracts, partnerships, collaborations, and expansions were adopted by the market players to strengthen their product portfolios and maintain a competitive position in the thermal analysis market.

As of 2016, Waters (US), NETZSCH (Germany), LINSEIS Germany), Mettler-Toledo (US), PerkinElmer (US), SETARAM (France), and Shimadzu (Japan) held the leading position in the global thermal analysis market. These companies adopted product launches, agreements, partnerships, and collaborations as their key growth strategies in the past three years. Hitachi (Japan), Theta (US), Nanjing Dazhan (China), Instrument Specialists (US), Rigaku (Japan), LECO (US), and Innuo (China) are some of the other major players in this market.

Waters (US) held the leading position in the global thermal analysis market in 2016. The company is one of the top players in the thermal analysis market due to its robust product portfolio that includes all major types of analyzers. NETZSCH (Germany) was among the top players in the global thermal analysis market in 2016.

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