Fourier - Transform Infrared (FTIR) Spectrometer Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Type (Portable FTIR Spectrometers, Laboratory FTIR Spectrometers), By End-Use (Petrochemical Engineering, Pharmaceutical Industry, Academics, Polymer Science, Others), By Region and Competition
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationFourier - Transform Infrared (FTIR) Spectrometer Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Type (Portable FTIR Spectrometers, Laboratory FTIR Spectrometers), By End-Use (Petrochemical Engineering, Pharmaceutical Industry, Academics, Polymer Science, Others), By Region and Competition
Fourier-Transform Infrared (FTIR) Spectrometer market is anticipated to grow significantly through 2028. The market is rapidly expanding due to factors like increasing focus on technological advancement, research & development in different sectors, etc. Additionally, growing demand from the petrochemical sector to determine the sample's composition along with its physical & chemical properties, is further expected to drive market growth. Besides, growing demand from the pharmaceutical industry results in the growth of the Fourier-transform infrared spectrometers market.
FTIR spectroscopy is a technique used to determine individual molecules' structure and molecular mixtures' composition. Infrared spectroscopy is a technique that evaluates energy absorption in gas, liquid, or solid Increasing demand from automobiles, food industry, and others are crucial factors that propel the market’s growth. Governments implement stringent rules to check the trans-fat content in the food sample with labeling and packaging. Various companies, academic institutes, and research organizations operating in the market also focus on utilizing this advanced technology in different domains. This, in turn, is expected to create huge prospects for market growth in the coming years.
Growing Technological Advancements
A Fourier-transform infrared spectrometer is a crucial tool for identifying the functional groups present in materials using infrared absorbance spectra. It belongs to the molecular spectrometer's subgroup. In the upcoming years, the worldwide market is anticipated to be driven by the quick technical development of infrared (IR) spectrometers and the extensive use of Fourier-transform infrared spectrometer techniques in various sectors, opening the doors for innovation and research.
Increasing Demand from the Pharmaceutical Industry
Over the projected period, the expansion of Fourier-transform infrared spectrometer applications in the pharmaceutical and life science sectors is credited with driving the growth of worldwide Fourier-transform infrared spectrometer market. By quickly screening raw materials and intermediates, examining product formulations, and validating them, as along with quality control procedures and packaging, the Fourier-transform infrared spectrometer technology is commonly employed in the drug development process to ensure regulatory compliance. The worldwide Fourier-transform infrared spectrometer market is anticipated to grow due to these factors, in the forecast years.
Applicability in Polymer Science
In polymer research,
Recent Developments
- In August 2022, Shimadzu Europe introduced IRXross Fourier-transform infrared (FTIR) spectrophotometer. The FTIR model delivers outstanding top-level performance, exceptional S/N ratio, resolution, measurement pace, and relief of use.
- Max Analytical Technologies was bought by Thermo Fisher Scientific in March 2022. Max Analytical has developed gas analysis systems based on Fourier-transform infrared (FT-IR) spectroscopy for process monitoring, source testing, and ambient air monitoring. Its technologies are widely employed in environmental health and safety applications, industrial process monitoring, and semiconductor production.
- Canopy Biosciences, LLC was acquired by Bruker Corporation in September 2020 to get a high-resolution image of cell therapy, immune-oncology, and immunology.
- In June 2020, Shimadzu Corporation and RIKEN Innovation Co. Ltd. came together to generate business based on research regarding investing in the brain and the body’s five senses.
Market Segmentation
Global Fourier-Transform Infrared (FTIR) Spectrometer Market
Company Profiles
Thermo Fisher Scientific Inc., Bruker Corporation, Shimadzu Corporation, PerkinElmer Inc., Anton Paar GmbH, MKS Instruments Inc., FOSS A/S, Mettler-Toledo International Inc., Bristol Instruments, Inc., Systronics India Limited are some of the key players of Global Fourier-Transform Infrared (FTIR) Spectrometer Market.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Type · End Use |
| Regional scope | North America, Europe, Asia Pacific, South America, Middle East & Africa |
| Country scope | United States; Mexico; Canada; France; Germany; United Kingdom; Spain; Italy; Russia; China; India; South Korea; Japan; Indonesia; Vietnam; Australia; Brazil; Argentina; South Africa; Saudi Arabia; UAE |
| Key companies profiled | Thermo Fisher Scientific Inc., Bruker Corporation, Shimadzu Corporation, PerkinElmer Inc., Anton Paar GmbH, MKS Instruments Inc., FOSS A/S, Mettler-Toledo International Inc., Bristol Instruments, Inc., Systronics India Limited |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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