Elemental Analysis Market Size and Share

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Elemental Analysis Market Analysis by Mordor Intelligence

The elemental analysis market was valued at USD 1.98 billion in 2025 and is forecast to expand to USD 2.7 billion by 2030, registering a 6.4% CAGR. Growth reflects a shift from routine quality control toward ultra-trace characterization demanded by semiconductor fabs, stringent pharmaceutical impurity limits, and widening environmental regulations. Investments in AI-enabled automation, helium-saving workflows, and hybrid multi-technique platforms strengthen vendor differentiation. Rapid semiconductor buildouts across Asia, expanding PFAS and nitrosamine limits, and robust life-science R&D budgets reinforce long-term demand. Meanwhile, capital intensity, skilled-labor shortages, and volatile carrier-gas markets temper near-term momentum.

Key Report Takeaways

  • By type, inorganic analysis led with 56.1% revenue share in 2024; organic analysis posts the fastest 7.9% CAGR to 2030.
  • By technology, X-ray fluorescence held 49.3% of the elemental analysis market share in 2024, while ICP-MS is projected to grow at 8.4% CAGR through 2030.
  • By end user, pharmaceutical & biotechnology companies accounted for 34.8% of elemental analysis market size in 2024; environmental & food laboratories are advancing at an 8.9% CAGR.
  • By geography, North America commanded 35.7% revenue share in 2024; Asia-Pacific is set to deliver the highest 7.5% CAGR to 2030.

Segment Analysis

By Type: Inorganic Analysis Dominance Meets Organic Growth Acceleration

Inorganic analysis captured 56.1% of the elemental analysis market share in 2024, buoyed by USP 232/233 compliance and semiconductor contamination control. ICP-MS and ICP-OES platforms dominate this segment, delivering sub-ng/L detection of As, Pb, and Cd in drug products and high-purity chemicals. Semiconductor foundries demand routine certification of 9N-grade process chemicals, further anchoring instrument placements. Vendor emphasis is shifting toward hybrid systems that bundle inorganic metals detection with options for halogen and sulfur mapping, extending platform utility across QA labs. Capital expenditure is sustained by extended service contracts that guarantee <1 ppt baseline drift, assuring fabs of long-term analytical reproducibility.

Organic elemental analysis, while smaller, is growing at 7.9% CAGR—faster than the overall elemental analysis market. Combustion-based CHNSO analyzers address drug-development needs for molecular formula confirmation and are now equipped with 90-position autosamplers offering 5-minute cycle times. Food-safety labs adopt the same platforms to quantify protein, fat, and moisture, expanding the customer base beyond pharma and petrochemicals. Vendors introduce dual oven configurations that measure high-temperature polymers alongside low-temperature agro-samples, reducing idle time. Coupled software allows seamless import of LIMS metadata, trimming post-run validation.

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Note: Segment shares of all individual segments available upon report purchase

By Technology: XRF Leadership Challenged by ICP-MS Innovation

X-ray fluorescence sustained a 49.3% share of the elemental analysis market in 2024 owing to its non-destructive character and broad matrix tolerance. Petrochemical refineries use benchtop XRF for sulfur in fuels, while art conservators rely on handheld-units for pigment screening. The latest Vanta Element handheld incorporates a graphene window and IP65 sealing for harsh-field deployments. Ongoing advances in silicon-drift detectors now extend sensitivity down to Mg and Al, expanding coverage to light-element geoscience applications.

ICP-MS records the fastest 8.4% CAGR to 2030, pushing elemental analysis market size for ultratrace detection to new records. Collision-cell designs, triple-quadrupole geometries, and new dry-plasma introduction systems drive detection limits below 1 ng/L even in high-matrix samples. Semiconductor customers increasingly bundle robots for unattended overnight runs, boosting daily sample counts above 400. Pharmaceutical QC labs value the technique’s ability to report 24 ICH metals in a single two-minute scan, cutting per-sample reagent costs in half. As helium shortages intensify, vendors add hydrogen mode that maintains low backgrounds, protecting long-term throughput.

By End User: Pharmaceutical Dominance Versus Environmental Testing Surge

Pharmaceutical & biotechnology companies generated 34.8% revenue in 2024, anchored by mandatory elemental-impurity limits and a surging biologics pipeline. This clientele prioritizes 21 CFR Part 11-ready software, instrument uptime guarantees, and service-level agreements aligning with batch-release cycles. Regulatory harmonization across the FDA, EMA, and PMDA accelerates analytic method transfers among global sites, driving multi-instrument roll-outs inside big pharma networks.

Environmental & food laboratories post an 8.9% CAGR as PFAS limits, micro- and nano-plastics surveillance, and heavy-metal scrubbing in baby food expand test menus. Eurofins alone operates 900 labs with 200,000 accredited methods, signaling the scale of outsourced demand. These labs increasingly procure turnkey containerized ICP-MS suites for pop-up deployment near remediation hotspots, minimizing sample hold times. Automated dilution stations and barcode-driven chain-of-custody modules curb labor costs and compliance risks.

Elemental Analysis Market: Market Share by End User
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Note: Segment shares of all individual segments available upon report purchase

Geography Analysis

North America held 35.7% of revenue in 2024 on the strength of FDA impurity guidelines, EPA PFAS mandates, and world-leading pharma output.[2U.S. Food & Drug Administration, “Chemical Contaminants Transparency Tool,” fda.gov]US drugmakers account for over 40% of global clinical pipelines, sustaining steady instrument orders, while Canada’s mining sector fuels XRF placements for grade control. Mexico’s rising contract-manufacturing activity, supported by Shimadzu’s new subsidiary, widens the regional user base.

Asia-Pacific is projected to deliver a 7.5% CAGR, the fastest worldwide, as governments subsidize advanced chip fabs and domestic drug production capabilities. Japan’s 2-nm pilot lines and India’s USD 100.2 billion semiconductor roadmap enlarge the addressable elemental analysis market through ultratrace purity specifications.[3]India Brand Equity Foundation, “India Semiconductor Mission Overview,” ibef.org China’s push for materials self-sufficiency drives demand for ICP-MS, while South Korea’s battery gigafactories purchase LIBS systems for inline cathode inspection. Australia’s mining exports sustain XRF sales for bulk-ore screening.

Europe grows steadily on the back of stringent PFAS restrictions and strong vaccine manufacturing clusters in Germany and France. The EU’s battery-recycling directive, targeting a 50-fold capacity increase by 2030, lifts orders for ultratrace metals analyzers. The United Kingdom emphasizes nitrogen-pressurized ICP-MS to mitigate helium volatility, and Nordic nations deploy LIBS for rapid slag monitoring in green-steel pilot plants. Eastern European mining expansions in Poland and Serbia add new sales channels, while Middle East copper projects and South American lithium brine operations open supplementary opportunities.

Elemental Analysis Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The elemental analysis market shows moderate concentration, with the top five companies controlling a significant portion of global revenue. Thermo Fisher Scientific, Agilent Technologies, and Bruker Corporation combine scale, broad product portfolios, and embedded software ecosystems to anchor market leadership. ICP-MS innovation and AI-enabled XRF mapping form the core battlegrounds for differentiation. 

M&A activity remained brisk in 2024-2025. Thermo Fisher’s USD 4.1 billion acquisition of Solventum’s purification & filtration unit enlarges its bioprocessing reach and cross-sells analytical hardware. Analytik Jena consolidated an ICP-MS line to deepen environmental-lab penetration. Bruker purchased Optimal Group, adding automation software that integrates mass spectrometry and optical spectroscopy on a single control layer.

Strategic roadmaps emphasize helium-free carrier modes, robotic sample preparation, and cloud analytics. Vendors pilot subscription models bundling hardware, consumables, and software, smoothing customer CapEx and unlocking recurring revenue. Portable analyzers gain attention for process industries seeking real-time decision loops. While established players guard IP through aggressive patent filings, niche firms target specific use-cases such as LIBS for battery raw materials or CHNSO analyzers for biofuels, keeping innovation cycles vibrant.

Elemental Analysis Industry Leaders

  1. Eurofins Scientific

  2. Agilent Technologies, Inc.

  3. Rigaku Corporation

  4. Verder Scientific GmbH & Co. KG (ELTRA GmbH)

  5. PerkinElmer Inc

  6. *Disclaimer: Major Players sorted in no particular order
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Recent Industry Developments

  • June 2025: Bruker launched the timsMetabo platform for PFAS and small-molecule detection.
  • March 2025: Thermo Fisher introduced the Vulcan Automated Lab, which targets semiconductor purity workflows.
  • February 2025: Thermo Fisher Scientific agreed to acquire Solventum’s Purification & Filtration Business for USD 4.1 billion.
  • February 2025: Analytik Jena completed an ICP-MS business acquisition, expanding its elemental analysis portfolio.

Table of Contents for Elemental Analysis Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Growing R&D Funding In Life Sciences
    • 4.2.2 Stringent Elemental-Impurity Limits In Global Pharmacopeias
    • 4.2.3 Expanding Food & Environmental Safety Regulations
    • 4.2.4 Semiconductor-Grade Purity Requirements For Advanced Chips
    • 4.2.5 AI-Enabled Automated Multi-Element Mapping Boosts Throughput
    • 4.2.6 Battery-Recycling Boom Driving Ultratrace Metals Detection
  • 4.3 Market Restraints
    • 4.3.1 High Capital & Maintenance Costs Of High-End Spectrometers
    • 4.3.2 Shortage Of Cross-Trained Analytical Chemists
    • 4.3.3 Complex Sample-Prep Workflows Delay Turnaround Time
    • 4.3.4 Global Helium Shortages Inflating ICP-MS Operating Budgets
  • 4.4 Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts (Value)

  • 5.1 By Type
    • 5.1.1 Organic Elemental Analysis
    • 5.1.2 Inorganic Elemental Analysis
  • 5.2 By Technology
    • 5.2.1 Destructive Technologies
    • 5.2.1.1 ICP-Atomic Emission Spectroscopy (ICP-AES)
    • 5.2.1.2 ICP-Mass Spectrometry (ICP-MS)
    • 5.2.1.3 Combustion Analysis (CHNS/O)
    • 5.2.1.4 Others
    • 5.2.2 Nondestructive Technologies
    • 5.2.2.1 X-Ray Fluorescence Spectroscopy (XRF)
    • 5.2.2.2 Fourier Transform Infrared Spectroscopy (FTIR)
    • 5.2.2.3 Laser-Induced Breakdown Spectroscopy (LIBS)
    • 5.2.2.4 Others
  • 5.3 By End User
    • 5.3.1 Pharmaceutical & Biotechnology Companies
    • 5.3.2 Research & Academic Institutions
    • 5.3.3 Environmental & Food Testing Laboratories
    • 5.3.4 Industrial & Manufacturing
    • 5.3.5 Others
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 South Korea
    • 5.4.3.5 Australia
    • 5.4.3.6 Rest of Asia Pacific
    • 5.4.4 Middle East & Africa
    • 5.4.4.1 GCC
    • 5.4.4.2 South Africa
    • 5.4.4.3 Rest of Middle East & Africa
    • 5.4.5 South America
    • 5.4.5.1 Brazil
    • 5.4.5.2 Argentina
    • 5.4.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)}
    • 6.3.1 Thermo Fisher Scientific
    • 6.3.2 Agilent Technologies
    • 6.3.3 PerkinElmer
    • 6.3.4 Shimadzu Corporation
    • 6.3.5 Bruker Corporation
    • 6.3.6 Rigaku Corporation
    • 6.3.7 HORIBA Ltd
    • 6.3.8 Analytik Jena (Endress+Hauser)
    • 6.3.9 SPECTRO Analytical (AMETEK)
    • 6.3.10 Hitachi High-Tech Analytical Science
    • 6.3.11 Malvern Panalytical
    • 6.3.12 Elementar
    • 6.3.13 LECO Corporation
    • 6.3.14 Oxford Instruments
    • 6.3.15 Eurofins Scientific
    • 6.3.16 Element Materials Technology
    • 6.3.17 Verder Scientific (ELTRA)
    • 6.3.18 Anton Paar GmbH
    • 6.3.19 JEOL Ltd
    • 6.3.20 SciAps Inc.
    • 6.3.21 Micromeritics Instrument
    • 6.3.22 LECO Corporation
    • 6.3.23 Metrohm AG

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
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Global Elemental Analysis Market Report Scope

Elemental analysis helps in the quantitative and qualitative identification of various elements in various areas, such as life sciences, food and beverage testing, environment testing, geology, cosmetics testing, and petroleum. Elemental analysis can be performed on a solid, liquid, or gas. The Elemental Analysis Market is segmented by Type (Organic Elemental Analysis and Inorganic Elemental Analysis), Technology (Destructive Technologies (Inductively Coupled Plasma-Atomic Emission Spectroscopy (ICP-AES), Inductively Coupled Plasma-Mass Spectroscopy (ICP-MS), Combustion Analysis and Others) and Nondestructive Technologies (X-Ray Fluorescence Spectroscopy (XRF), Fourier Transform Infrared Spectroscopy (FTIR), and Others)), End User (Pharmaceutical and Biotechnology Companies, Research Organizations, and Others), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America). The report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.

By Type
Organic Elemental Analysis
Inorganic Elemental Analysis
By Technology
Destructive Technologies ICP-Atomic Emission Spectroscopy (ICP-AES)
ICP-Mass Spectrometry (ICP-MS)
Combustion Analysis (CHNS/O)
Others
Nondestructive Technologies X-Ray Fluorescence Spectroscopy (XRF)
Fourier Transform Infrared Spectroscopy (FTIR)
Laser-Induced Breakdown Spectroscopy (LIBS)
Others
By End User
Pharmaceutical & Biotechnology Companies
Research & Academic Institutions
Environmental & Food Testing Laboratories
Industrial & Manufacturing
Others
By Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia Pacific China
Japan
India
South Korea
Australia
Rest of Asia Pacific
Middle East & Africa GCC
South Africa
Rest of Middle East & Africa
South America Brazil
Argentina
Rest of South America
By Type Organic Elemental Analysis
Inorganic Elemental Analysis
By Technology Destructive Technologies ICP-Atomic Emission Spectroscopy (ICP-AES)
ICP-Mass Spectrometry (ICP-MS)
Combustion Analysis (CHNS/O)
Others
Nondestructive Technologies X-Ray Fluorescence Spectroscopy (XRF)
Fourier Transform Infrared Spectroscopy (FTIR)
Laser-Induced Breakdown Spectroscopy (LIBS)
Others
By End User Pharmaceutical & Biotechnology Companies
Research & Academic Institutions
Environmental & Food Testing Laboratories
Industrial & Manufacturing
Others
By Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia Pacific China
Japan
India
South Korea
Australia
Rest of Asia Pacific
Middle East & Africa GCC
South Africa
Rest of Middle East & Africa
South America Brazil
Argentina
Rest of South America
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Key Questions Answered in the Report

What is the current size of the elemental analysis market?

The elemental analysis market is valued at USD 1.98 billion in 2025 and is forecast to hit USD 2.7 billion by 2030.

Which technology segment is growing fastest?

ICP-MS is projected to post the highest 8.4% CAGR because of ultratrace detection needs in semiconductors and pharmaceuticals.

Why is Asia-Pacific the fastest-growing region?

Aggressive semiconductor investments in Japan, India, and China, coupled with expanding pharma manufacturing, propel a 7.5% CAGR for the region.

How are helium shortages affecting laboratories?

Helium prices have surged, prompting labs to adopt hydrogen or nitrogen carrier gases and invest in gas generators to maintain ICP-MS operations.

Which end-user group dominates spending?

Pharmaceutical and biotechnology companies accounted for 34.8% of 2024 revenue due to mandatory elemental impurity testing requirements.

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