Future Market Insights (FMI) has recently published a report titled ‘Moisture Analyzer Market – Global Industry Analysis 2013–2018 and Market Forecast 2019–2027.’ According to FMI, the global moisture analyzer market is estimated to increase at a CAGR of 4.9% during the forecast period. In addition, the moisture analyzer market was calculated at US$ 938.7 Mn in 2018, and is expected to grow substantially to reach US$ 1,442.0 Mn by 2027, owing to constant developments in the food & beverages, as well as chemical industries, across the globe.
Moisture analyzers, most commonly known as moisture meters, operate on the basis of infrared heating technology. Moisture analyzers are devices that are used to identify and measure the moisture content in solids, liquids, as well as pasty materials. Moisture analyzers find a wide range of applications in the food & beverages, pharmaceuticals, semiconductor, polymer, and other industries.
Moisture content is often mistaken as the water content in materials. In reality, the moisture content in a material comprises of all of its volatile components such as organic solvents, fats, oils, and water content.
Moisture analyzers are essential for the identification and measurement of the moisture content as well as water content in raw materials as well as finished products. The increasing adoption of moisture analyzers in several industries, such as food & beverages, pharmaceutical, chemical, oil & gas, and others, is a vital factor driving the moisture analyzer market.
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The demand for moisture analyzers is increasing due to rapid growth in industrialization to meet the ever-increasing demand for high-quality production facilities. The moisture analyzer market is expected to witness significant growth during the forecast period in countries, especially those of the Asia Pacific region, where the industrialization index is high.
Key Segment
On the basis of product type
- desktop
- in-line
- handheld moisture analyzers
On the basis of analysis technique
- loss on drying
- infrared radiation
- microwave radiation
- Karl Fischer titration
- capacitance
On the basis of industry
- food & beverages
- agriculture
- chemical & pharmaceutical
- pulp & paper
- manufacturing
- construction
- other industries
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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