Elemental analysis (EA) is a process to detect the presence of carbon, hydrogen, nitrogen, and sulfur (CHNS) levels in material samples. This process is used in tracing CHNS in solid, liquid, and viscous samples. Policies by regulatory agencies such as the U.S. Food and Drug Administration (FDA) have made EA a mandatory process for pharmaceutical and food industries. The process can weed out products with high traces of CHNS and protect the general public from ill-health. Applications of EA can benefit energy, chemicals, pharmaceuticals, polymer, and environmental end-user industries.
Rapid Detection of CHNS in Materials
Rapid Detection of CHNS in Materials
Destructive and non-destructive technologies are two major segments of the elemental analysis market. The non-destructive segment is projected to grow rapidly from 2014 to 2025 due to high accuracy and sample retention rate associated with the technologies. The X-ray Fluorescence (XRF) technology within the segment accounted for a large market share in 2016. In response to the demand for portable instruments for rapid elemental analysis, Bruker Corporation has a series of XRF-detecting handheld devices for use in mining and environmental sectors. The company signed an agreement with the U.S. National Guard in November 2017 for its handheld detectors for national security purposes.
The destructive segment is anticipated a slower growth rate compared to its counterpart but may gain a larger market share till 2025 owing to the increased usage of novel methods such as Inductively Coupled Plasma Optical Emission Spectroscopy (ICP-OES) and Inductively Coupled Plasma Mass Spectroscopy (ICP-MS). The ICP-OES segment had contributed the most to the destructive segment, but the ICP-MS segment can display a stupendous growth rate over the forecast period. For instance, the Thermo Scientific iCAP RQ ICP-MS has been used by food and beverage manufacturers to identify the presence of arsenic and mercury.
Market Outlook
The global elemental analysis market is projected to reach a valuation of USD 2.02 billion by 2025, according to a report by Grand View Research, Inc. It is expected to expand at a 6.2% CAGR over the forecast period (2014-2025) due to mandatory use of the procedure in the pharmaceutical sector.
Concerns of food safety and increased use of the technology in the life sciences sector are expected to drive market growth over the forecast period. Technological advances in elemental analyzers to detect CHNS levels rapidly in materials and samples are anticipated to augur market demand. Key market players include PerkinElmer, Inc.; Analytik Jena AG; Thermo Fisher Scientific, Inc.; and Shimadzu Corporation. Companies have increased their R&D budget to cater to demand for high-end analyzers in the defense and mining sectors.
In-Depth Research Report On Elemental Analysis Market:
https://www.grandviewresearch.com/industry-analysis/elemental-analysis-market
No comments:
Post a Comment