Global Rheometer & Viscometer Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

Global Rheometer & Viscometer Market Introduction :

“The global Rheometer & Viscometer Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

Rheometer & viscometer is used to measure the viscosity and flow properties of a fluid. Viscometers measure only under one flow condition whereas the rheometer measures in more parameters. Rheometer & viscometer measure the way a fluid responds to applied shear or stress, potentially providing data on material structure and elasticity.

Market Dynamics

Increasing adoption of rheometer & viscometer from rapidly growing industries such as petroleum product manufacturers and petrochemical refineries, is a key factor expected to drive growth of the global rheometer & viscometer market over the forecast period.

In addition, increasing demand for product in pharmaceutical, cosmeceutical, and biotechnology companies, owing to stringent regulation framework for product safety compliance, is another factor expected to fuel growth of the target market over the forecast period. Moreover, increasing R&D investments and technological advancements by manufacturers in rheometer & viscometer for various end-use industries, is expected to propel growth of the target market over the forecast period.

However, high investment cost for installation of rheometer & viscometer may hamper demand and restrain growth of the global rheometer & viscometer market over the forecast period. Ongoing trend observed in the global rheometer & viscometer market is increasing adoption of rheometer & viscometer, especially from industries such as food, paints & coating and petrochemical in developing markets, and this trend is expected to continue over the forecast period.

Increasing demand for rheometer & viscometer for various industrial applications and food industry, owing to increasing awareness about the safety regulations, is expected to create a lucrative opportunity for players operating in the global rheometer & viscometer market in the next coming years.

Analysis by Segment:

Among the product type segment, the viscometer segment has contributed highest share in terms of revenue in the target market during the forecast period. In addition, among the end user segment, the petroleum product manufacturers & petrochemical refineries segment is estimated to hold major share revenue in the target market over the forecast period.

Analysis by Region

The rheometer & viscometer market in North America has accounted major share in terms of revenue in the global rheometer & viscometer market over the forecast period, owing to increasing adoption of product for various application in countries in the region. In addition, the market in the Asia Pacific is projected to witness fastest growth rate and is expected to account significant share in terms of revenue over the forecast period, followed by Europe.

Global Rheometer & Viscometer Market Segmentation:

Segmentation by Product Type:

• Viscometer
• Rotational Viscometer
• Process Viscometer
• Capillary Viscometer
• Rheometer
• Torque Rotational Rheometer
• Dynamic Rotational Rheometer
• Capillary Rheometer
• Oscillatory Rheometer
• High-Throughput Rheometer

Segmentation by Sample Type:

• Resins & Coatings
• Suspensions & Slurries
• Pastes & Gels

Segmentation by End User:

• Petroleum Product Manufacturers and Petrochemical Refineries
• Pharmaceutical, Cosmeceutical, and Biotechnology Companies
• Chemical and Material Manufacturers
• Food and Beverage Manufacturers
• Research Laboratories and Academic Institutes

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa