The Europe Moisture Analyzer Market would witness market growth of 3.4% CAGR during the forecast period (2021-2027).
A moisture analyzer, in general, is a portable or stationary moisture metre that measures moisture content using a well-known moisture measurement technique. For instance, MAC instruments launched MAC 125 to provide accurate data reading within extreme environment conditions. In the plastics and polymer, construction, agricultural, food and beverage, fabrics and textiles, and medicines industries, many moisture analysis techniques are useful.
Manufacturers of paper, seeds, and metal parts utilize moisture analyzer to reduce the chances of potential damage to their products. In addition, the rising construction projects across the world would contribute to the high demand for moisture analyzer in cement industry. The heat-generating system differs from one analyser to the next.
Europe has the largest pharmaceutical sector that is rising faster than other regions, owing to trends such as demographic change, an increase in chronic diseases, and a growing emphasis on preventive and self-medication. Germany is one of the world's leading clinical trial destinations, and it is Europe's leading pharmaceutical innovation location based on R&D spending and patent application levels. Many German organizations have also joined global efforts to counteract the Covid-19 pandemic, based on these competencies.
The Germany market dominated the Europe Moisture Analyzer Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $131.4 million by 2027. The UK market would witness a CAGR of 2.6% during (2021 - 2027). Additionally, The France market is experiencing a CAGR of 4.2% during (2021 - 2027).
Based on End User, the market is segmented into Food & Beverage, Wood, Paper & Pulp, Petroleum & Chemical, Semiconductor, Pharmaceuticals and Others. Based on Type, the market is segmented into Desktop-Mounted, Handheld and In-line. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Moisture Analyzer Market Size will Hit $1.9 Billion by 2027, at a CAGR of 3.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PCE Instruments, Michell Instruments Ltd., Ametek, Inc., Thermo Fisher Scientific, Inc., Sartorius AG, Mitsubishi Chemical Holdings Corporation, Shimadzu Corporation, General Electric (GE) Co., Mettler-Toledo International, Inc. , and A&D Company, Limited.
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