The global moisture analyzer market was valued at USD 1.5 billion in 2021 and it is anticipated to grow up to USD 2.6 billion by 2031, at a CAGR of 5.5% during the forecast period.
A moisture analyzer is an instrument used to determine the moisture content of a material. The moisture content is the amount of water present in the material. Moisture analyzers are used in a variety of industries, including food and beverage, pharmaceutical, and chemical. There are two types of moisture analyzers: offline and online. Offline moisture analyzers are used to test a sample of the material, and the results are used to estimate the moisture content of the entire batch. Online moisture analyzers are used to continuously monitor the moisture content of the material.
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Market Trends and Drivers:
The increasing adoption of moisture analyzers is anticipated to proliferate market growth in the coming years. This equipment is proved to be an ideal instrument to perform moisture analytical tests. Additionally, ongoing advancements have favored the evolution of these devices that offer automatic, robust, high quality, fast, and error-free moisture analysis, using the maximum degree of precision and measurement performance.
These devices are also in high demand in the food and beverage industries. Food and beverage products are highly perishable, and moisture can quickly degrade them. For instance, the U.S. FDA mandates the practice of moisture analyzers in food & beverage companies as higher levels of moisture may lead to contamination and affect the food quality. Furthermore, moisture is a crucial parameter concerning the development of bulk solid pharmaceutical solutions. The manufacturing mechanism of advanced drugs is a complex process, and during a process that has essential phases that occur over multiple days, rapid and precise determination of moisture content is critical.
COVID-19 Impact:
The COVID-19 pandemic has rendered a negative impact in the early 2020 on the moisture analyzer industry. Since most of the leading nations across the globe imposed a total lockdown, the focus was shifted to the rise in demand for essential industrial products and services, that decreased the manufacturing and demand for some non-essential industrial products comprising metal products. This COVID-19 pandemic has also resulted in the shutdown of food manufacturing companies and other food services.
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Global Moisture Analyzer Market Segmentation
By Equipment Type
- Desktop-mounted
- Handheld
- In-line
By Technique
- Karl Fischer Titration
- Loss on drying (LoD)
- Capacitance
- Near-Infrared
By Application
- Food & Beverage
- Pharmaceuticals
- Chemical and Petroleum
- Research & Academics
Major Players in the Global Moisture Analyzer Market:
The key players in the moisture analyzer market are PCE Instruments ,Michell Instruments Inc. Ametek Inc. SpectraSesnsors Inc. General Electric Co. , A&D Co.Ltd. , Kett Electric Laboratory , Mettler-Toledo International Inc., Sartorius AG, Shimadzu Corp., and others.
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