Melting Point Apparatus Market Size, Share, Trends, Growth and Forecast 2028

Melting Point Apparatus Market Size

The global melting point apparatus market size was 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.. Request Free Sample

Melting Point Apparatus Market: Overview

Melting point equipment is a device used in labs to gauge the temperature at which an organic compound or other substance melts. An oil bath, a capillary tube, and a thermometer make up the three basic components of a melting point instrument. Before placing it in the hot oil bath, the capillary tube with the test liquid must be filled. To conduct an accurate measurement, both instruments must remain in contact with one another until they establish equilibrium.

In the following years, it is projected that continued global growth in the chemical and material industries would boost sales of melting point equipment. Furthermore, it is anticipated that the quick development of affordable yet user-friendly melting point apparatus by key players in both developed and developing countries will support growth. Another important component that would promote growth is the appearance of cutting-edge products with novel features, such as automatic determination of physical parameters, including slip melting point, cloud point, and boiling point. The availability of more accurate and targeted methods for qualitative element identification investigation may make melting point apparatus during the assessment stage unnecessary.

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COVID-19 Impact:

Almost every business around the globe has experienced setbacks during the epidemic. This is because many precautionary lockdowns and other limitations imposed by governing bodies throughout the world have significantly disrupted each company's production and supply-chain operations. The worldwide melting point apparatus market is no exception. Additionally, as the majority of people's individual budgets have been negatively impacted by this pandemic, people are now more focused on cutting back on non-essential expenditure, which has therefore decreased consumer demand. These factors are projected to weigh on the revenue trajectory of the global melting point apparatus market throughout the forecast period. However, when regional regulatory bodies begin to relax these imposed restrictions, the worldwide melting point apparatus market is likely to rebound.

Key Insights

• Melting point apparatus market value is estimated to grow at a CAGR of 7.2% over the forecast period.
• The global melting point apparatus market size was worth around USD 21.2 billion in 2021 and is estimated to grow to about USD 32.1 billion by 2028.
• Growth is anticipated to be aided by the quick development of melting point instruments that are affordable but simple to use by important stakeholders in both developed and emerging nations.
• An increasing understanding of the benefits these devices provide for analytical testing processes is one of the factors contributing to the North American region's expected to have the quickest growth in 2021.
• In 2021, the capillary product type dominated the market by product.
• In 2021, the use of melting point apparatus in the chemical industry acquired a major market share, based on application.

Melting Point Apparatus Market: Growth Drivers

Melting point apparatus market to benefit from growing use in pharmaceutical industry

Growth is projected to be supported by increased use of melting point apparatus in the research and development sector for examining various solid substances' properties and structure. In the upcoming years, the global melting point apparatus market is anticipated to increase due to these items' capacity to assess a substance's purity. These are widely utilized in the quality control division of a variety of industries because of this unique attribute. Additionally, it is predicted that the healthcare and pharmaceutical industries would use melting point apparatus more frequently as a result of the urgent need for drug testing to produce novel medications for the treatment of numerous chronic conditions. Melting point equipment is often used in the perfume business to create perfumes with a variety of fragrances.

Melting Point Apparatus Market: Restraints

Easy access to more accurate analyses could hamper market for melting point apparatus

The sole purpose of a melting point apparatus is to measure the melting points of various solids; it has no other uses. The main purpose of the apparatus is to assess the transformation of various sample substances from solid to liquid states. If the sample substance depositions or sublimates, manual labor is necessary. Additionally, if the material is not solid, melting point analysis cannot be performed. 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.

Melting Point Apparatus Market: Segmentation

The global melting point apparatus market is segregated on the basis of product type, end-user, and region.

By product type, the market is divided into hot stage apparatus, capillary tube, and others. The capillary tube method, which uses capillary tubes to detect the temperature at which a solid melts or crystallizes from a liquid state into an amorphous form, can be used to calculate a solid's melting point. Detecting whether or not a combination melts together, or is miscible, also aids in the identification of substances that share physical characteristics but differ chemically. The underlying idea is that molecular structure affects these interactions; the more different the structures, the less likely it is that they will mix without any upper bound provided there is enough contact between them. The desire for safe blood collection technologies, the requirement for better blood sampling methods, and the preference for disposable laboratory items are the main drivers of the growth of the global capillary segment.

By end-user, the global melting point apparatus market is divided into chemical & material, pharmaceuticals, research laboratories, academic institutes, and others. This market, which depends heavily on the melting point equipment and other devices used in analytical testing procedures, is being driven by the expanding trend of digitization across many countries. Moreover, the chemical & materials industry's growth prospects have been boosted by the growing acceptance of innovative technology. In the field of research and development, melting point apparatus is frequently used to examine the properties and structure of certain solids. The melting point apparatus is frequently employed by the quality control division of many industries since it provides information about a substance's purity.

Report Scope:

Melting Point Apparatus Market: Regional Landscape

North America will acquire major market share due to an increase in pharmaceutical research in the region

An increasing understanding of the benefits these devices provide for analytical testing processes is one of the factors contributing to the North American region dominance in the global melting point apparatus market in 2021. Numerous chronic conditions, such as diabetes, cancer, arthritis, heart disease, and obesity are predicted to become more common in the United States and Canada. The pharmaceutical industry is investing a lot of money in R&D, which is likely to boost the melting point apparatus market share in North America during the course of the assessment period. Revenue shares are expected to increase over the next few years as a result of factors like increased usage of new technologies, and a stronger economy may lead to a decline in imports, enhancing long-term reliability prospects.

Melting Point Apparatus Market: Competitive Landscape

• Shanghai Benang Instruments
• Stanford Research Systems
• Shanghai Instrument Physical Optics Instrument
• BUCHI
• Jingtuo Instruments
• Bibby-Stuart
• Kruss
• METTLER TOLEDO
• Jinan Hanon Instrument
• JiaHang Instruments
• AZO Materials
• Bibby-Electrmal.

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