Particle Size Analysis Market Size

Particle Size Analysis Market Analysis

The Particle Size Analysis Market size is estimated at USD 435.47 million in 2024, and is expected to reach USD 572.66 million by 2029, growing at a CAGR of 5.63% during the forecast period (2024-2029).

The market is anticipated to experience increasing revenues soon due to its expanding applications in nanotechnology. The extensive impact of nanotechnology in cosmetology applications has led to its widespread integration into the cosmetic industry.

• Particle size analysis is a technical procedure or a laboratory technique that determines the size range, or mean size, of the particles in a powder or liquid sample. These applications were initially carried out only in R&D facilities. However, with the advent of technology, they are being embedded into real-time production environments for several quality control assessments to minimize damage.
• Particle size analysis plays a key role in manufacturing carbon fiber components. Single-wall carbon nanotubes are often subjected to dynamic light scattering (DLS) technology to assess if the required strength of the material could be drawn from a batch of carbon nanotubes.
• In case of discrepancies, several additives are added to give an aesthetic look and provide the required strength to the carbon fiber product. The immense support from government organizations to strengthen their domestic pharmaceutical markets is expected to boost the demand from this sector. China has plans to establish several data centers exclusively to serve the medical research proposes, facilitating the exchange of precious clinical trial data over the public domain. According to DC Byte, In Q3 2022, Shanghai, China, was the second largest data center market in the Asia-Pacific region, with live power supply capacity of roughly 1,019.94 megawatts, 406.33 megawatts under construction, and 672.75 megawatts in phased IT power.
• However, it is worth noting that the particle size analysis market is affected by certain limitations of the technique. For instance, the dynamic imaging analysis technique has a restriction in determining the particle size distribution of particles smaller than one micrometer, which hinders its application in certain clinical areas. Additionally, the high cost of the analyzer and the lack of awareness about the technique are anticipated to impede the growth of the particle analysis market in the predicted timeframe.
• The COVID-19 pandemic made a significant impact on the particle size analysis market. It affected the whole world in three important ways: making it hard to make and sell things, causing problems with getting things from one place to another, and making it hard for businesses and money markets to make money.