A recent market study published by FMI on the Viscometer Market includes global industry analysis for 2016-2020 & opportunity assessment for 2021-2031, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical and current growth parameters of the Viscometer Market, the growth prospects of the market are obtained with maximum precision.
According to Future Market Insights (FMI), the global viscometer market was valued at US$ 285 Mn in 2020 and is projected reach a valuation of US$ 587.3 Mn by the end of 2031. Increasing application of viscometer across diverse industries such as pharmaceutical, petroleum, and cosmetics will fuel the demand in the market. FMI has predicted the market to rise at a healthy CAGR of 6.9%, surpassing a shipment of 51,000 units during the forecast period (2021-2031). Regionally, North America is expected to remain dominant, expanding at 6.4% CAGR over the course of the assessment period.
Key Points Covered in Viscometer Market Survey
- Market estimates and forecast 2016-2031
- Key drivers and restraints impacting market growth
- Segment-wise, Country-wise, and Region-wise Analysis
- Competition Mapping and Benchmarking
- Brand share and Market Share Analysis
- Key Product Innovations and Regulatory Climate
- COVID-19 Impact on Viscometer Market and How to Navigate
- Recommendation on Key Winning Strategies
For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-7892
Key Takeaways of Viscometer Market Study
- Within the industrial segment, the food & beverages industry is expected to be the primary end-user, accounting for over 18% of volume sold through 2031.
- In terms of sales channel, online sales channel will be the most preferred type, contributing nearly 56.7% of global revenue.
- Based on equipment type, capillary viscometer is expected to hold potential share of the global viscometer market whereas vibrational viscometer and falling ball viscometer is projected to expand with the higher growth throughout the forecast period.
- The U.S. and Germany are expected to hold dominance over the North America and Europe market, holding potential share of 69.2% and 30.4%, respectively.
- India, Mexico, and GCC countries are anticipated to expand with substantial growth rate over the forecast period.
“Increasing application of viscometer as a primary tool for quality control and to address new product formulation across industries will continue to improve sales. With increasing adoption of viscometer in testing and certification agencies, demand in the market will continue to rise through the forecast period,” says a Future Market Insights analyst.
Competitive Landscape
The global viscometer market is considered to be moderately consolidated, with leading players accounting for nearly 3/5th of the market share. Penetration of small regional players will result in intense competition. AMETEK Inc., Anton Paar GmbH, A&D Company, TA Instruments, Goettfert GmbH, Fann Instrument, Freeman Technology, Brabender GmbH, Cannon Instrument Company, Lamy Rheology Instruments, and Shanghai Nirun Intelligent Technology Co., Ltd among others are some of the leading players.
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Table Of Content
1. Executive Summary
2. Market Overview
3. Key Market Trends
4. Key Success Factors
5. Global Viscometer Market Demand Analysis 2016 – 2020 and Forecast, 2021 – 2031
6. Global Viscometer Market – Pricing Analysis
7. Global Viscometer Market Demand (in Value or Size in US$ Mn) Analysis 2016 – 2020 and Forecast, 2021 – 2031
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