Particle Size Analysis Market and its key opportunities and challenges

CITY, Country, 2019-Oct-18 — /EPR Network/ —

The global Particle Size Analysis Market is expected to reach USD 405.0 Million by 2022 from USD 299.3 Million in 2016, at a CAGR of 5.2% during the forecast period, as per a report by MarketsandMarkets.

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How increasing number of conferences and events unravelling more opportunities?

In the past decade, the nanotechnology industry has witnessed an increase in the number of events, trade shows, and conferences at the national as well as international level.

  • The 24th World Nano Conference is scheduled to take place in May 2018 in Rome, Italy. The conference will be aimed at discussing and creating awareness about the invention and innovations in the field of nanotechnology.
  • The International Nanotechnology Conference & Expo (Nanotech 2016), held in April 2016 in Baltimore, US, was aimed to exhibit the latest research and innovations in nanotechnology and discuss recent developments in nanoparticle nanotechnology, nanomanipulation, therapeutic nanotechnology, and nanoscience.
  • The 15th international nanotechnology exhibition and conference, Nanotech 2016, was held in Tokyo, Japan in January 2016. The conference aimed to focus on nanomaterials, nano evaluation and measurement, and nanofabrication technologies across various application areas.

These seminars were aimed at showcasing the latest developments in technologies for characterizing nanoparticles, including NTA, DLS, gel permeation chromatography (GPC), rheology, and resonant mass measurement (RMM). Such events help in increasing awareness about novel nanoparticle characterization techniques among research professionals.

Why high cost of particle size analyzers remains a challenge?

Owing to the technological advancements and increased application areas, there has been a paradigm shift in the usage pattern of particle size analysis instruments. However, the high cost of instruments is one of the major factors responsible for restraining the growth of this market. The implementation of particle size analyzers requires high capital investments by customers. For instance, a dynamic light scattering particle size analyzer may cost around USD 30,000 to USD 60,000, depending on the associated accessories. Moreover, nanotechnology-based particle size analyzers require highly skilled technical operators, thereby adding to the overall cost of the instrument.

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In developing countries such as India, China, and Brazil, owing to budget constraints, SMEs cannot afford high-priced technologically advanced particle size analyzers. As a result, they rely on alternate methodologies (such as sieve testing and sedimentation) for the analysis of particle characteristics. Moreover, companies that do not require regular inspections avoid the implementation of advanced particle size analyzers. This is expected to limit the adoption of particle size analyzers in the market.

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