Particle Size Analysis Market Size (2024 - 2029)

The particle size analysis market is projected to experience growth due to its increasing application in nanotechnology, particularly within the cosmetic industry. This market's expansion is supported by its integration into real-time production environments for quality control assessments, which were traditionally limited to R&D facilities. The pharmaceutical sector's demand is expected to rise, aided by governmental support in strengthening domestic markets. However, the market's growth is challenged by limitations in certain techniques, high analyzer costs, and a lack of awareness. The COVID-19 pandemic further complicated the market dynamics, impacting production, distribution, and financial stability globally.

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Market Size of Particle Size Analysis Industry

Particle Size Analysis Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 433.64 Million
Market Size (2029) USD 586.42 Million
CAGR (2024 - 2029) 6.22 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific

Major Players

Particle Size Analysis Market Major Players

*Disclaimer: Major Players sorted in no particular order

Particle Size Analysis Market Analysis

The Particle Size Analysis Market size is estimated at USD 433.64 million in 2024, and is expected to reach USD 586.42 million by 2029, growing at a CAGR of 6.22% 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. Significant global cosmetic companies, including Pureology, Dior, L'Oreal, Proctor & Gamble, Estee Lauder, Colorescience, and Revlon, are at the forefront of integrating nanotechnology into their product lines.
  • Research in nanotechnology and rising demands in critical sectors like automotive, aerospace, semiconductors, and pharmaceuticals drive the market's growth. The adoption of advanced particle size analysis methods, known for their precision and adaptability, is planned to amplify this growth. Particle size analysis fosters innovation across various industries by facilitating the creation of superior products with enhanced properties and performance.
  • For instance, in May 2024, the Cornell NanoScale Facility conducted an initiative to enhance Nanotechnology Education for students of all ages. In a recent workshop held in July 2023, approximately 120 students visited Duffield Hall. The hall was reimagined as a "nano-fun" zone with interactive science demonstrations. Under Pennell's guidance, the demonstrations delved into diverse realms of nanoscience, spanning microfluidics, photonics, and materials science.
  • Particle size analysis plays a crucial 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.
  • However, it is worth noting that the particle size analysis market is affected by certain technique limitations. 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. The high cost of the analyzer and the need for more awareness about the technique are anticipated to impede the growth of the particle analysis market in the predicted timeframe.
  • Geopolitical tensions between major economies like Russia, Ukraine, the United States, and China may lead to fluctuations in currency exchange rates, including the Indian rupee. Currency fluctuations may affect the cost of imported equipment for particle size analysis and raw materials, influencing pricing decisions by manufacturers and retailers in the country's market.

Particle Size Analysis Industry Segmentation

The market is defined by the revenue accrued from the use of various types of technology, such as Taylor dispersion analysis, dynamic light scattering, nanoparticle tracking analysis, resonant mass measurement, and laser diffraction, as well as dispersion types such as wet particles, dry particles, and spray particles.

The market studied is segmented by technology (Taylor dispersion analysis, dynamic light scattering, nanoparticle tracking analysis, resonant mass measurement, laser diffraction, and other technologies), dispersion type (wet particle, dry particle, and spray particle), end-user industry (chemicals, food, beverage, and nutrition, mining, agriculture and forestry, pharmaceuticals, energy, and other end-user industries), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The report offers the market size in value terms in USD for all the abovementioned segments.

By Technology
Taylor Dispersion Analysis
Dynamic Light Scattering
Nanoparticle Tracking Analysis
Resonant Mass Measurement
Laser Diffraction
Other Technologies
By Dispersion Type
Wet Particle
Dry Particle
Spray Particle
By End-user Industry
Chemicals
Food, Beverage, and Nutrition
Mining
Agriculture and Forestry
Pharmaceuticals
Energy
Other End-user Industries
By Geography***
North America
Europe
Asia-Pacific
Australia and New Zealand
Latin America
Middle East & Africa
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Particle Size Analysis Market Size Summary

The particle size analysis market is poised for significant growth, driven by its expanding applications across various industries, particularly in nanotechnology and pharmaceuticals. This market is characterized by its technical procedures that determine the size range of particles in samples, which are increasingly being integrated into real-time production environments for quality control. The pharmaceutical sector, in particular, is a major contributor to market expansion due to the stringent regulations and the need for constant monitoring of production processes. The rise of new technologies and increased funding in research and development further bolster the market's growth prospects. However, challenges such as high costs and limited awareness of the technique may impede progress.

The Asia-Pacific region is expected to lead the market growth, attributed to the rising interest in nanotechnology and the presence of major market participants. The region's rapid industrialization, coupled with the expansion of the chemical and pharmaceutical industries, offers vast opportunities for particle size analysis. The market is moderately fragmented, with key players like Malvern Panalytical Ltd, Horiba Ltd, and Agilent Technologies Inc. actively engaging in strategic partnerships and acquisitions to enhance their offerings. Recent developments, such as the launch of advanced nanoparticle tracking systems and acquisitions of companies specializing in water quality monitoring, highlight the dynamic nature of the market. These efforts aim to meet the growing demand for precise and reliable particle size analysis solutions across various applications.

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Particle Size Analysis Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Value Chain Analysis

    3. 1.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.3.1 Bargaining Power of Suppliers

      2. 1.3.2 Bargaining Power of Buyers

      3. 1.3.3 Threat of New Entrants

      4. 1.3.4 Threat of Substitutes

      5. 1.3.5 Intensity of Competitive Rivalry

    4. 1.4 Assessment of Macroeconomic Factors in the Industry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Technology

      1. 2.1.1 Taylor Dispersion Analysis

      2. 2.1.2 Dynamic Light Scattering

      3. 2.1.3 Nanoparticle Tracking Analysis

      4. 2.1.4 Resonant Mass Measurement

      5. 2.1.5 Laser Diffraction

      6. 2.1.6 Other Technologies

    2. 2.2 By Dispersion Type

      1. 2.2.1 Wet Particle

      2. 2.2.2 Dry Particle

      3. 2.2.3 Spray Particle

    3. 2.3 By End-user Industry

      1. 2.3.1 Chemicals

      2. 2.3.2 Food, Beverage, and Nutrition

      3. 2.3.3 Mining

      4. 2.3.4 Agriculture and Forestry

      5. 2.3.5 Pharmaceuticals

      6. 2.3.6 Energy

      7. 2.3.7 Other End-user Industries

    4. 2.4 By Geography***

      1. 2.4.1 North America

      2. 2.4.2 Europe

      3. 2.4.3 Asia-Pacific

      4. 2.4.4 Australia and New Zealand

      5. 2.4.5 Latin America

      6. 2.4.6 Middle East & Africa

Particle Size Analysis Market Size FAQs

The Particle Size Analysis Market size is expected to reach USD 433.64 million in 2024 and grow at a CAGR of 6.22% to reach USD 586.42 million by 2029.

In 2024, the Particle Size Analysis Market size is expected to reach USD 433.64 million.

Particle Size Analysis Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)