Major players operating in the Viscometer Market include Anton Paar (Austria), Spectris (UK), Waters Corporation (US), Brookfield Engineering Laboratories (US), Cannon Instruments Company (US), Thermo Fisher Scientific (US), Emerson (US), BARTEC (Germany), GBC Scientific Equipment (Australia), Dynisco Polymer Test (US), Lamy Rheology Instruments (France), GOTTFERT (Germany), Hydramotion (US), and PAC LP (US), among others.
Different Growth Strategies Adopted by Key Players:
Analysis of the market developments between 2014 and 2018 reveals that several growth strategies, such as product launches, expansions, mergers, and agreements were adopted by the market players to strengthen their product portfolios and maintain a competitive position in the rheometers and viscometers market. Among these business strategies, product launches and market expansions were the most widely adopted growth strategies by players in the market.
Spectris (UK) dominated the global rheometer & viscometer market in 2017. The company has a strong foothold in this market, with a broad range of viscometers and rheometers for various sample types, including resins, coatings, pastes, gels, suspensions, and slurries. The company has a strong geographic presence in more than 30 countries, such as the US, the UK, India, Germany, Switzerland, Denmark, and Canada. In the past four years, Spectris continued to strengthen its R&D capabilities and product portfolio to help expand its consumer base and offer novel products. The company also focused on strategic mergers. In 2016, the company merged with Panalytical (Netherlands) to strengthen its product portfolio and expand its customer base.
Anton Paar (Austria) held the second position in the global viscometer market in 2017. The company has a prominent presence in major markets, such as the US, the UK, Germany, Austria, India, France, the Czech Republic, China, Chile, Denmark, Japan, Italy, and Malaysia. The company focuses on strengthening its product portfolio. Between 2014 and 2018, Anton Paar commercialized several products, such as the ViscoQC 100, SVM 2001, SVM 3001 Stabinger, SVM 4001 Viscometer, and powder rheometers. The company also continues to expand its manufacturing and R&D facilities to increase its market share. Anton Paar established a new manufacturing facility in Bosnia and expanded its laboratory facilities in Austria in 2017 and 2016, respectively.
Expected Revenue Growth:
The report studies the global rheometer & viscometer market over the forecast period from 2018 to 2023. The market is projected to reach USD 878.6 million by 2023 from USD 721.5 million in 2018, at a CAGR of 4.0%.
Growth Influencing Factors:
The demand for rheometers and viscometers across key markets is majorly driven by factors such as technology advancements; expansion of petrochemical and material manufacturing industries; growing stringency of the regulatory framework for product safety compliance in cosmeceutical, biotechnology, and pharmaceutical industries; rising public-private investments to support product innovation; and increasing burden of target diseases, globally. However, the high cost of viscometers and rheometers is expected to restrain the growth of Viscometer Market during the forecast period.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Biotechnology & Pharmaceuticals resource center today to browse our selection of 600+ complimentary Biotechnology & Pharmaceuticals magazines, white papers, webinars, podcasts, and more. Get popular titles including:
