QYResearch: The global market scale of rheometers is expected to reach 127 million dollars by 2021

QYResearch: The global market scale of rheometers is expected to reach 127 million dollars by 2021 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH

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QYResearch • A rheometer is a device used to measure rheological properties in which a liquid, suspension or slurry flows in response to applied forces such as the viscosity, plasticizing rate, power and etc.. It is used for those fluids which cannot be defined by a single value of viscosity and therefore require more parameters to be set and measured than is the case for a viscometer.

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QYResearch • According to QYResearch, The global market scale of rheometers was 113.13 million dollars in 2016. It is expected to reach 127 million dollars by 2021, with the CAGR of 2.34% from 2016 to 2021. The Europe is the biggest market, followed by the United States, which total consume the 61.19% of the rheometer market. And the market in China and Japan is also important market with the market share 18.03% and 9.24%.

• At present, in the foreign industrial developed countries the rheometer industry is generally at a more advanced level. Manufacturers of rheometers are mainly in America, Austria, UK and Germany, which occupied most of the market share of production in total in 2016. TA Instruments in the USA is the leader of rheometer in global market, others famous manufacturers are Anton Paar, Thermo fisher, Scientific, Malvern, Brookfield and KROHNE Group.

• The rheometer industry is a high concentration industry. The illustrious manufacturers are TA Instruments, Anton Paar and Thermo fisher Scientific. The total market is monopolized by the above companies. www.qyresearch.com

QYResearch Along with the development of Chinese domestic Industrial technology, Chinese rheometers have been made a lot of progress, but it also has a long way to be advanced in the world, especially in high-end products. Otherwise, most of Chinese companies are rather small, compared to other countries’ companies.

The applications of rheometers are polymers, petrochemicals and other applications, such as food industry and rheometer. Polymers and petrochemicals industry are the major application by value, which accounts for more than 62.02% of total market. www.qyresearch.com

QYResearch However, the high cost of the systems and effectiveness of the device are the major factors hindering the growth of this market. In the future, the manufacturers who want to occupy the market must depend on market mechanism reform, core technology improvement, manufacturing equipment innovation, brand establishment and customer training and service enhancement.

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