Global Melting Point Apparatus Market is Likely to Grow at a CAGR Value of 7.2% by 2028

The global melting point apparatus market was worth around USD 21.2 billion in 2021 and is estimated to grow to about USD 32.1 billion by 2028, with a compound annual growth rate (CAGR) of approximately 7.2% over the forecast period. The report analyzes the melting point apparatus market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the melting point apparatus market.

An instrument used in laboratories to measure the temperature at which an organic compound or other substance melts is called melting point equipment. A capillary tube, an oil bath, and a thermometer are the three fundamental parts of a melting point device. The capillary tube containing the test liquid must be filled before it is submerged in the heated oil bath. Both devices must stay in contact with one another until they reach equilibrium in order to take an accurate measurement; depending on the size of the hanging object above it, this can take several minutes (larger objects require more time).

This global melting point apparatus market is anticipated to expand as a result of the fast increase in the use of melting point apparatus for a variety of applications, including materials, chemicals, and medicines. Due to technological improvements over the past few years, there has been a sharp increase in demand for a number of products, including chemicals and materials. The impact of this element on world markets will be significant. It also implies that a sizable number of businesses are investigating in various strategies to boost productivity and income potential by creating new products or raising the caliber of already-existing ones through ongoing research and development (R&D). The requirement for melting point apparatus during the assessment stage may be hampered by the availability of more precise and focused methods for qualitative identification study of elements.

The global melting point apparatus market is segregated based on product type, end-use, and region. Based on product type, the market is divided into hot stage apparatus, capillary tube, and others. In 2021, the capillary product type dominated the market. Based on end-use, the market is divided into chemical & material, pharmaceuticals, research laboratories, academic institutes, and others. In 2021, the use of melting point apparatus in the chemical industry acquired a major market share.

The North American region is predicted to experience the fastest growth in 2021 due to factors like growing awareness of the advantages these devices offer for analytical testing processes. It is anticipated that the prevalence of several chronic diseases, including diabetes, cancer, arthritis, heart disease, and obesity would rise in the United States and Canada. The pharmaceutical business is spending a lot of money on research and development, which will probably increase the melting point apparatus market share in North America over the assessment period. Over the next coming years, factors like greater use of new technologies are anticipated to drive revenue shares, and a better economy may result in a decrease in imports, supporting long-term reliability prospects.

Key players functioning in the global melting point apparatus market include Shanghai Benang Instruments, Stanford Research Systems, Shanghai Instrument Physical Optics Instrument, BUCHI, Jingtuo Instruments, Jinan Hanon Instrument, Kruss, METTLER TOLEDO, AZO Materials, JiaHang Instruments, Bibby-Stuart, and Bibby-Electrmal.

Browse the full “Melting Point Apparatus Market By Product Type (Hot Stage Apparatus, Capillary Tube, And Others), By End-Use (Chemical & Material, Pharmaceuticals, Research Laboratories, Academic Institutes, And Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/melting-point-apparatus-market

Global Melting Point Apparatus Market is segmented as follows:

By Product Type

• Hot Stage Apparatus
• Capillary Tube
• Others

By End Use

• Chemical & Material
• Pharmaceuticals
• Research Laboratories
• Academic Institutes
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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