According to Syndicate Market Research, the global melting point apparatus market size was worth around USD 21.2 billion in 2023 and is estimated to grow to about USD 32.1 billion by 2030, with a compound annual growth rate (CAGR) of approximately 7.2% over the forecast period. The report analyzes the melting point apparatus market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the melting point apparatus market.
Melting Point Apparatus Market: Overview
Melting point equipment is a device used in labs to gauge the temperature at which an organic compound or other substance melts. An oil bath, a capillary tube, and a thermometer make up the three basic components of a melting point instrument. Before placing it in the hot oil bath, the capillary tube with the test liquid must be filled. To conduct an accurate measurement, both instruments must remain in contact with one another until they establish equilibrium. In the following years, it is projected that continued global growth in the chemical and material industries would boost sales of melting point equipment. Furthermore, it is anticipated that the quick development of affordable yet user-friendly melting point apparatus by key players in both developed and developing countries will support growth. Another important component that would promote growth is the appearance of cutting-edge products with novel features, such as automatic determination of physical parameters, including slip melting point, cloud point, and boiling point. The availability of more accurate and targeted methods for qualitative element identification investigation may make melting point apparatus during the assessment stage unnecessary.
COVID-19 Impact:
Almost every business around the globe has experienced setbacks during the epidemic. This is because many precautionary lockdowns and other limitations imposed by governing bodies throughout the world have significantly disrupted each company's production and supply-chain operations. The worldwide melting point apparatus market is no exception. Additionally, as the majority of people's individual budgets have been negatively impacted by this pandemic, people are now more focused on cutting back on non-essential expenditure, which has therefore decreased consumer demand. These factors are projected to weigh on the revenue trajectory of the worldwide melting point apparatus market throughout the forecast period. However, when regional regulatory bodies begin to relax these imposed restrictions, the worldwide melting point apparatus market is likely to rebound.
Global Melting Point Apparatus Market 2024 Size by Region
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Key Insights
Melting Point Apparatus Market: Growth Drivers
Melting Point Apparatus Market to Benefit from Growing Use in Pharmaceutical Industry
Growth is projected to be supported by increased use of melting point apparatus in the research and development sector for examining various solid substances' properties and structure. In the upcoming years, the global melting point apparatus market is anticipated to increase due to these items' capacity to assess a substance's purity. These are widely utilized in the quality control division of a variety of industries because of this unique attribute. Additionally, it is predicted that the healthcare and pharmaceutical industries would use melting point apparatus more frequently as a result of the urgent need for drug testing to produce novel medications for the treatment of numerous chronic conditions. Melting point equipment is often used in the perfume business to create perfumes with a variety of fragrances.
Melting Point Apparatus Market: Restraints
Easy Access to More Accurate Analyses Could Be Harmful Market for Melting Point Apparatus
The sole purpose of a melting point apparatus is to measure the melting points of various solids; it has no other uses. The main purpose of the apparatus is to assess the transformation of various sample substances from solid to liquid states. If the sample substance depositions or sublimates, manual labor is necessary. Additionally, if the material is not solid, melting point analysis cannot be performed. The requirement for melting point apparatus during the assessment stage may be hampered by the availability of more precise and focused methods for qualitative identification study of elements.
Melting Point Apparatus Market: Segmentation
The global melting point apparatus market is segregated on the basis of product type and end-user.
By product type, the market is divided into hot stage apparatus, capillary tube, and others. The capillary tube method, which uses capillary tubes to detect the temperature at which a solid melts or crystallizes from a liquid state into an amorphous form, can be used to calculate a solid's melting point. Detecting whether or not a combination melts together, or is miscible, also aids in the identification of substances that share physical characteristics but differ chemically. The underlying idea is that molecular structure affects these interactions; the more different the structures, the less likely it is that they will mix without any upper bound provided there is enough contact between them. The desire for safe blood collection technologies, the requirement for better blood sampling methods, and the preference for disposable laboratory items are the main drivers of the growth of the global capillary segment.
By end-user, the market is divided into chemical & material, pharmaceuticals, research laboratories, academic institutes, and others. This market, which depends heavily on the melting point equipment and other devices used in analytical testing procedures, is being driven by the expanding trend of digitization across many countries. Moreover, the Chemical & Materials industry's growth prospects have been boosted by the growing acceptance of innovative technology. In the field of research and development, melting point apparatus is frequently used to examine the properties and structure of certain solids. The melting point apparatus is frequently employed by the quality control division of many industries since it provides information about a substance's purity.
| Report Attributes | Report Details |
|---|---|
| Report Name | Melting Point Apparatus Market |
| Market Size in 2023 | USD 21.2 billion |
| Market Forecast in 2030 | USD 32.1 billion |
| Growth Rate | CAGR of 7.2% |
| Number of Pages | 130 |
| Key Companies Covered | Shanghai Benang Instruments, Stanford Research Systems, Shanghai Instrument Physical Optics Instrument, BUCHI, Jingtuo Instruments, Bibby-Stuart, Kruss, METTLER TOLEDO, Jinan Hanon Instrument, JiaHang Instruments, AZO Materials, and Bibby-Electrmal |
| Segments Covered | By Type, By End User |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
| Base Year | 2023 |
| Historical Year | 2018 to 2022 |
| Forecast Year | 2024 - 2030 |
| Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Recent Developments
Regional Landscape
North America will Acquire Major Market Share due to an Increase in Pharmaceutical Research in the Region
An increasing understanding of the benefits these devices provide for analytical testing processes is one of the factors contributing to the North American region's expected to have the quickest growth in 2023. Numerous chronic conditions, such as diabetes, cancer, arthritis, heart disease, and obesity are predicted to become more common in the United States and Canada. The pharmaceutical industry is investing a lot of money in R&D, which is likely to boost the melting point instrument market share in North America during the course of the assessment period. Revenue shares are expected to increase over the next few years as a result of factors like increased usage of new technologies, and a stronger economy may lead to a decline in imports, enhancing long-term reliability prospects.
Competitive Landscape
Some of the main competitors dominating the global melting point apparatus market include - Shanghai Benang Instruments, Stanford Research Systems, Shanghai Instrument Physical Optics Instrument, BUCHI, Jingtuo Instruments, Bibby-Stuart, Kruss, METTLER TOLEDO, Jinan Hanon Instrument, JiaHang Instruments, AZO Materials, and Bibby-Electrmal.
Global Melting Point Apparatus Market is segmented as follows:
By Product Type
By End Use
By Region
Frequently Asked Questions (FAQs):
Which key factors will influence melting point apparatus market growth over 2024-2030?
This market is anticipated to expand as a result of the fast increase in the use of melting point apparatus for a variety of applications, including materials, chemicals, and medicines. With the technological improvements over the past few years, there has been a sharp increase in demand for a number of products, including chemicals and materials.
What will be the value of the melting point apparatus market during 2024-2030?
According to the report, the global melting point apparatus market was worth about 21.2 (USD billion) in 2023 and is predicted to grow to around 32.1 (USD billion) by 2030, by a compound annual growth rate (CAGR) of roughly 7.2%.
Which region will contribute notably towards the melting point apparatus market value?
An increasing understanding of the benefits these devices provide for analytical testing processes is one of the factors contributing to the North American region's expected to have the quickest growth in 2023.
Which are the major players leveraging the melting point apparatus market growth?
Some of the main competitors dominating the global melting point apparatus market include - Shanghai Benang Instruments, Stanford Research Systems, Shanghai Instrument Physical Optics Instrument, BUCHI, Jingtuo Instruments, Bibby-Stuart, Kruss, METTLER TOLEDO, Jinan Hanon Instrument, JiaHang Instruments, AZO Materials, and Bibby-Electrmal.
These players adopted different strategies so as to hold major market share in this market. Some of the major players in [keyword] industry includes. [players list]
Based on the [keyword] market analysis, North America is predicted to held the highest share in the [keyword] market during the forecast period.
The statistical data of the top market players of [keyword] industry can be obtained from the company profile section specified in the report. This section incorporates analysis of top player’s operating in the [keyword] industry as well as their last five-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue produced.
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1 Preface
1.Report Description and Scope
2. Research Scope
3. Research Methodology
1. Market Research Process
2. Market Research Methodology
2 Executive Summary
1. Melting Point Apparatus Market, 2019-2030 (USD Million)
2. Melting Point Apparatus Market: Snapshot
3 Melting Point Apparatus - Industry Analysis
1. Melting Point Apparatus: Market Dynamics
2. Market Drivers
1. Driver 1
2. .Driver 2
3. Restraints
1. Restraint 1
2. Restraint 2
4. Opportunity
1. Government funding and support
5. Porter’s Five Forces Analysis
6. Market Attractiveness Analysis
1. Market attractiveness analysis By Product Type
2. Market attractiveness analysis By Application
3. Market attractiveness analysis by Region
4. Melting Point Apparatus Market - Competitive Landscape
1. Company market share analysis
1. Global Melting Point Apparatus Market: company market share, 2020
2. Strategic development
1. Acquisitions & mergers
2. New Product launches
3. Agreements, partnerships, collaborations and joint ventures
4. Research and development and Regional expansion
3. Price trend analysis
5. Global Melting Point Apparatus Market -By Type
1. Global Melting Point Apparatus Market overview: By Type
1. Global Melting Point Apparatus Market share, By Product Type,2023 and 2030
2. Hot Stage Apparatus
1. Global Melting Point Apparatus Market by Hot Stage Apparatus, 2019-2030 (USD Million)
3. Capillary Tube
1. Global Melting Point Apparatus Market by Capillary Tube, 2019-2030 (USD Million)
4. Others
1. Global Melting Point Apparatus Market by Others, 2019-2030 (USD Million)
6. Global Melting Point Apparatus Market -End Use
1. Global Melting Point Apparatus Market overview: By End Use
1. Global Melting Point Apparatus Market share, By Product Type,2023 and 2030
2. Chemical & Material
1. Global Melting Point Apparatus Market by Chemical & Material, 2019-2030 (USD Million)
3. Pharmaceuticals
1. Global Melting Point Apparatus Market by Pharmaceuticals, 2019-2030 (USD Million)
3. Research Laboratories
1. Global Melting Point Apparatus Market by Research Laboratories, 2019-2030 (USD Million)
3. Academic Institutes
1. Global Melting Point Apparatus Market by Academic Institutes, 2019-2030 (USD Million)
3. Others
1. Global Melting Point Apparatus Market by Others, 2019-2030 (USD Million)
8. Global Melting Point Apparatus Market - Regional Analysis
1. Global Melting Point Apparatus Market overview: by Region
1. Global Melting Point Apparatus Market share, by Region, 2023 and 2030
2. North America
1. North America Melting Point Apparatus Market, 2019-2030 (USD Million)
1. North America Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
1. North America Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
1. U.S. Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
2. U.S. Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
3. Canada Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
4. Canada Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
5. Mexico Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
6. Mexico Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
3. Europe
1. Europe Melting Point Apparatus Market, 2019-2030 (USD Million)
1. Europe Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
1. Europe Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
1. UK Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
2. UK Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
3. Germany Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
4. Germany Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
5. France Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
6. France Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
7. Italy Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
8. Italy Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
9. Spain Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
10. Spain Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
11. Netherlands Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
12. Netherlands Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
13. Rest of Europe Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
14. Rest of Europe Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
4. Asia Pacific
1. Asia Pacific Melting Point Apparatus Market, 2019-2030 (USD Million)
1. Asia Pacific Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
1.Asia Pacific Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
1. China Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
2. China Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
3. Japan Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
4. Japan Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
5. India Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
6. India Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
7. Australia Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
8. Australia Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
9. South East Asia Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
10. South East Asia Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
11.South Korea Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
12. South Korea Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
13. Rest of Asia Pacific Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
14. Rest of Asia Pacific Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
5. Latin America
1. Latin America Melting Point Apparatus Market, 2019-2030 (USD Million)
1. Latin America Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
1. Latin America Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
2. Brazil Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
3. Brazil Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
4. Argentina Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
5. Argentina Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
6. Chile Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
7. Chile Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
8. Rest of Latin America Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
9. Rest of Latin America Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
6. Middle East & Africa
1. Middle East & Africa Melting Point Apparatus Market, 2019-2030 (USD Million)
2. Middle East & Africa Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
3. Middle East & Africa Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
4. GCC Countries Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
5. GCC Countries Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
6. Nigeria Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
7. Nigeria Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
8. South Africa Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
9. South Africa Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
10. Rest of Middle East & Africa Melting Point Apparatus Market revenue, By Product Type, 2019-2030 (USD Million)
11. Rest of Middle East & Africa Melting Point Apparatus Market revenue, By Application, 2019-2030 (USD Million)
9. Company Profiles
1. Shanghai Benang Instruments
1. Overview
2. Financials
3. Product Portfolio
4. Business Strategy
5. Recent Developments
2. Stanford Research Systems
1. Overview
2. Financials
3. Product Portfolio
4. Business Strategy
5. Recent Developments
3. Shanghai Instrument Physical Optics Instrument
1. Overview
2. Financials
3. Product Portfolio
4. Business Strategy
5. Recent Developments
4. BUCHIJingtuo Instruments
1. Overview
2. Financials
3. Product Portfolio
4. Business Strategy
5. Recent Developments
5. Bibby-Stuart
1. Overview
2. Financials
3. Product Portfolio
4. Business Strategy
5. Recent Developments
6. Kruss
1. Overview
2. Financials
3. Product Portfolio
4. Business Strategy
5. Recent Developments
7. METTLER TOLEDO
1. Overview
2. Financials
3. Product Portfolio
4. Business Strategy
5. Recent Developments
8. Jinan Hanon Instrument
1. Overview
2. Financials
3. Product Portfolio
4. Business Strategy
5. Recent Developments
9. JiaHang Instruments
1. Overview
2. Financials
3. Product Portfolio
4. Business Strategy
5. Recent Developments
10. AZO Materials
1. Overview
2. Financials
3. Product Portfolio
4. Business Strategy
5. Recent Developments
10. Bibby-Electrmal
1. Overview
2. Financials
3. Product Portfolio
4. Business Strategy
5. Recent Developments
List of Figures
Market research process
Market research methodology
Global Melting Point Apparatus Market, 2019-2030 (USD Million)
Porter’s Five Forces Analysis
Global Melting Point Apparatus Market attractiveness, By Type
Global Melting Point Apparatus Market attractiveness, By End User
Global Melting Point Apparatus market share, By Type, 2023 and 2030
Global Melting Point Apparatus Market by Hot Stage Apparatus, 2019-2030 (USD Million)
Global Melting Point Apparatus Market by Capillary Tube, 2019-2030 (USD Million)
Global Melting Point Apparatus Market by Others, 2019-2030 (USD Million)
Global Melting Point Apparatus market share, By End User, 2023 and 2030
Global Melting Point Apparatus Market by Chemical & Material, 2019-2030 (USD Million)
Global Melting Point Apparatus Market by Pharmaceuticals, 2019-2030 (USD Million)
Global Melting Point Apparatus Market by Research Laboratories, 2019-2030 (USD Million)
Global Melting Point Apparatus Market by Academic Institutes, 2019-2030 (USD Million)
North America Melting Point Apparatus Market, 2019-2030 (USD Million)
Europe Melting Point Apparatus Market, 2019-2030 (USD Million)
Asia Pacific Melting Point Apparatus Market, 2019-2030 (USD Million)
Latin America Melting Point Apparatus Market, 2019-2030 (USD Million)
Middle East & Africa Melting Point Apparatus Market, 2019-2030 (USD Million)
List of Tables
Global Melting Point Apparatus Market: snapshot
Drivers of the Melting Point Apparatus Market: impact analysis
Restraints of the Melting Point Apparatus Market: impact analysis
North America Melting Point Apparatus Market revenue, By Product Type,2019-2030 (USD Million)
North America Melting Point Apparatus Market revenue, By Application,2019-2030 (USD Million)
Europe Melting Point Apparatus Market revenue, By Product Type,2019-2030 (USD Million)
Europe Melting Point Apparatus Market revenue, By Application,2019-2030 (USD Million)
Asia Pacific Melting Point Apparatus Market revenue, By Product Type,2019-2030 (USD Million)
Asia Pacific Melting Point Apparatus Market revenue, By Application,2019-2030 (USD Million)
Latin America Melting Point Apparatus Market revenue, By Product Type,2019-2030 (USD Million)
Latin America Melting Point Apparatus Market revenue, By Application,2019-2030 (USD Million)
Middle East & Africa Melting Point Apparatus Market revenue, By Product Type,2019-2030 (USD Million)
Middle East & Africa Melting Point Apparatus Market revenue, By Application,2019-2030 (USD Million)
1.1 Research Methodology
The process of market research at Syndicate Market Research is an iterative in nature and usually follows following path. Information from secondary is used to build data models, further the results obtained from data models are validated from primary participants. Then cycle repeats where, according to inputs from primary participants, additional secondary research is done and new information is again incorporated into data model. The process continues till desired level of information is not generated.
To calculate the market size, the report considers the revenue generated from the sales of the market providers. The revenue generated from the sales of market is calculated through primary and secondary research. The key players operating in the market across the globe are identified through secondary research and a corresponding detailed analysis of the top vendors in the market is done. The market size calculation also includes clinical trial phase segmentation determined using secondary sources and verified through primary sources.
1.2 Secondary Research
The secondary research sources that are typically referred to include, but are not limited to:
The sources for secondary research includes but is not limited to: Factiva, Hoovers and Statista
1.3 Primary Research
We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions:
The participants who typically take part in such a process include, but are not limited to:
1.4 Models
Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data types to produce estimates:
Data is then cross checked by the expert panel.
1.4.1 Company Share Analysis Model
Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:
1.4.2 Revenue Based Modeling
Revenue based models can be built in two ways - Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach where as it acts as starting point for top-down approach.
1.5 Research Limitations
Inflation is not a part of pricing in this report. Prices of the products and its derivatives vary in each region and hence similar revenue ratio does not follow for each individual region. The same price for each type has been taken into account while estimating and forecasting market revenue on a global basis. Regional average price has been considered while breaking down this market by end user in each region.
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