Overview


According to FutureWise analysis, the market for thermal analysis is estimated to be US$ 460 million in 2022, and is expected to grow at a CAGR of 4.50% over the forecast period of 2023-2031.

Thermal analyzers often assess temperature-dependent heat flow, weight loss, dimension change, or mechanical qualities. The study of how temperature variations impact a material's properties is known as thermal analysis. A vast range of sectors, including polymers, composites, pharmaceuticals, foods, energy, petroleum, inorganic and organic chemicals, and many others, depend on thermal analysis techniques. Knowing a material's behaviour at various temperatures is essential for successful product design, production, and application.

The phrase "thermal analysis" describes a number of methods where a sample's property is continually monitored as the sample is programmed through a specified temperature profile. Thermal gravimetric analysis (TA) and differential scanning calorimetry are among the methods that are used most frequently (DSC). In TA, the sample's mass loss as a function of temperature is recorded, while in a DSC experiment, the energy input difference between a reference material and a sample is monitored while the reference and sample are put through a controlled temperature program. In pharmaceutical chemistry, thermal analysis has a long history of being a crucial characterization method. The use of DSC measurements to ascertain the phase diagram pertaining to two APIs is a unique application of thermal analysis in the pharmaceutical industry.

Recent development for Thermal Analysis Market:

In October 2022 in Tokyo for its thermal analyzers, Hitachi High-Tech Science Corporation (Hitachi High-Tech Science) recently announced the availability of a new optional data input and output support software package that automates measurement entry conditions and facilitates simpler data administration. Thermal analyzers are being used by businesses more frequently to examine a wide range of samples and check the quality of diverse materials. Hitachi High-Tech Science will assist in resolving issues like a human error when entering various measurement conditions and reading analysis results encountered during measurement and analysis with the use of this software upgrade.

Despite the fact that the current field of thermal analysis is not entirely new, new applications are constantly emerging on the market. Theoretically, solid, semi-solid, or liquid substances can all be studied and characterised using thermal analytical techniques. Thermal analysis is crucial to a wide range of industries, including polymers, composites, pharmaceuticals, food, petroleum, inorganic and organic chemicals, among many others. These tests enable the user to investigate end-use performance, composition, processing, stability, and molecular structure and mobility. The market for thermal analysis is anticipated to expand quickly due to the widespread use of thermal analyzers to test various materials in various fields. Highest precision, various readings, simple operation, quality assurance, and a broad temperature measuring range are all provided by the thermal analyzer. Because to these advantages, the next major industries using thermal analyzers in R&D are the electrical, mechanical, food, and medical sectors. With a wide variety of samples being handled regularly, thermal analyzers are being used more frequently for material testing and quality control. Nevertheless, sample to sample variation in measurement parameters, like heating duration and speed, might lead to faulty inputs and misinterpretations of analytical results. Due to the time and labour requirements of enormous data entry and handling large numbers of results, there are additional challenges when a big number of samples need to be analysed. These elements may negatively affect the market during the forecast period.

FutureWise Market Research has published a report that provides an insightful analysis of thermal analysis market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. According to the analysis conducted by FutureWise research analysts, the thermal analysis market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.

  • TA Instruments (A Subsidiary of Waters)
  • Netzsch
  • Linseis
  • Mettler-TOLEDo
  • PerkinElmer
  • Setaram Instrumentation
  • Shimadzu
  • Hitachi High-Technologies
  • Rigaku
  • Theta Industries
  • Nanjing Dazhan Institute of Electromechanical Technology
  • Instrument Specialists
  • Shanghai and Sheng Instrument Technology
  • Shanghai Innuo Precision Instruments
  • Leco

By Product

  • Differential Scanning Calorimetry Analyzers
  • Thermogravimetric Analyzers
  • Simultaneous Thermal Analyzers
  • Differential Thermal Analyzers
  • Thermomechanical Analyzers
  • Dynamic Mechanical Analyzers
  • Other Thermal Analyzers                   

By Functionality

  • Single Functionality Analyzers
  • Simultaneous Functionality Analyzers

By End User

  • Chemical & Material Manufacturers
  • Pharmaceutical & Biotechnology Companies
  • Food & Beverage Industry
  • Petrochemical Industry
  • Research & Academia
  • Other End Users

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of region will also be provided in the final version of this market which is based on conclusion of primary interviews and secondary data point gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America registered highest share in the market in 2022. It is caused by rising industry R&D spending in a number of end-user industries, the availability of private and governmental research funding, strict food and product safety regulations, and tight regulatory criteria for drug development. These factors will strengthen the market in this region and take the lead during the forecast period.

  • Tier 1 players- established companies in the market with major market share
  • Tier 2 players
  • New Entrants
  • Emerging players which are growing rapidly
  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data points affecting market growth
  • To provide with an exhaustive analysis on the Thermal Analysis Market by product, by functionality, by end-user, by region.
  • To cater comprehensive insights on factors such as drivers, restraints, trends, opportunity, and additionally segmental and regional factors impacting market growth.
  • To evaluate current market trends and forecast micro-markets and the overall market projections which are represented in the format of data-sets and ppt.
  • To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • To provide information on competitors which includes landscape mapping, technological advancements, R&D spending, news concerning strategic alliances, and new product launches.
  • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
  • The customization Mobility Care offered are free of charge with purchase of any license of the report
  • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com

Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1 . Years Considered for the Study
         3.2 . Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1 . Secondary Data
          1.1.1 . Key Data from Secondary Sources
         1.2 . Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Global Thermal Analysis Market Variables, Trends and Scope
    •   1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Technology Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Thermal Analysis Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Global Thermal Analysis Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Technology Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Technology Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Global Thermal Analysis Market, By Product Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Differential Scanning Calorimetry Analyzers
        2. Thermogravimetric Analyzers
        3. Simultaneous Thermal Analyzers
        4. Differential Thermal Analyzers
        5. Thermomechanical Analyzers
        6. Dynamic Mechanical Analyzers
        7. Other Thermal Analyzers

  • 8.   Global Thermal Analysis Market, By Functionality Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Single Functionality Analyzers
        2. Simultaneous Functionality Analyzers

  • 9.   Global Thermal Analysis Market, By End User Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Chemical & Material Manufacturers
        2. Pharmaceutical & Biotechnology Companies
        3. Food & Beverage Industry
        4. Petrochemical Industry
        5. Research & Academia
        6. Other End Users

  • 10.   North America Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 11.   Latin America Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Regional Market Trends
        3. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         3.1. Brazil
         3.2. Venezuela
         3.3. Argentina
         3.4. Rest of Latin America
        4. Market Size (USD Million) Forecast for Latin America 2023-2031

  • 12.   Europe Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Switzerland
         2.9. Rest of Western Europe

  • 13.   Asia Pacific Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Japan
         2.2. China
         2.3. Singapore
         2.4. India
         2.5. Australia and New Zealand
         2.6. ASEAN
         2.7. South Korea
         2.8. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031

  • 14.   Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2023-2031

  • 15.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Product Connected Devices and Technology Portfolio, Financial Layouts)
    •   1. TA Instruments (A Subsidiary of Waters)
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. Netzsch
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. Linseis
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. Mettler-TOLEDo
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview
        5. Perkinelmer
         5.1. Company Overview
         5.2. Product Portfolio
         5.3. SWOT Analysis
         5.4. Financial Overview
         5.5. Strategic Overview
        6. Setaram Instrumentation
         6.1. Company Overview
         6.2. Product Portfolio
         6.3. SWOT Analysis
         6.4. Financial Overview
         6.5. Strategic Overview
        7. Shimadzu
         7.1. Company Overview
         7.2. Product Portfolio
         7.3. SWOT Analysis
         7.4. Financial Overview
         7.5. Strategic Overview
        8. Hitachi High-Technologies
         8.1. Company Overview
         8.2. Product Portfolio
         8.3. SWOT Analysis
         8.4. Financial Overview
         8.5. Strategic Overview
        9. Rigaku
         9.1. Company Overview
         9.2. Product Portfolio
         9.3. SWOT Analysis
         9.4. Financial Overview
         9.5. Strategic Overview
        10. Theta Industries
         10.1. Company Overview
         10.2. Product Portfolio
         10.3. SWOT Analysis
         10.4. Financial Overview
         10.5. Strategic Overview
        11. Nanjing Dazhan Institute of Electromechanical Technology
         11.1. Company Overview
         11.2. Product Portfolio
         11.3. SWOT Analysis
         11.4. Financial Overview
         11.5. Strategic Overview
        12. Instrument Specialists
         12.1. Company Overview
         12.2. Product Portfolio
         12.3. SWOT Analysis
         12.4. Financial Overview
         12.5. Strategic Overview
        13. Shanghai and Sheng Instrument Technology
         13.1. Company Overview
         13.2. Product Portfolio
         13.3. SWOT Analysis
         13.4. Financial Overview
         13.5. Strategic Overview
        14. Shanghai Innuo Precision Instruments
         14.1. Company Overview
         14.2. Product Portfolio
         14.3. SWOT Analysis
         14.4. Financial Overview
         14.5. Strategic Overview
        15. Leco
         1. Company Overview
         2. Product Portfolio
         3. SWOT Analysis
         4. Financial Overview
         5. Strategic Overview

  • 16.   Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the healthcare regulations initiated by administrations
        5. The overall economic slowdown of the developing and developed nations
  • 17.   FutureWise SME key takeaway points for Client
Partner

Our Clients