The key factors driving the growth of the differential thermal analysis market are rising demand for quality control testing in the pharmaceutical industry and increasing adoption of DTA for predicting suitability of raw materials for industrial use. In addition, growing awareness about analytical techniques among researchers is also projected to fuel the market growth over the forecast period. However, high cost associated with differential thermal analysis instruments may hamper market growth during the forecast period.
The need for DTA arises from the fact that many materials have properties that change with temperature. By understanding how these properties change with temperature, we can better understand the behavior of materials and optimize their use. Additionally, DTA can help us to identify potential problems with materials before they occur. Overall, DTA is a powerful tool for studying materials. It can provide valuable insights into the behavior of materials and help us to optimize their use.
There are numerous advantages of the Market, some of which are mentioned below:
-The Market is extremely beneficial for those who want to enter into the pharmaceutical industry as it provides a detailed analysis of the various drugs and their reactions.
-It is also helpful for food and biological research as it can help in understanding the various reactions that take place during cooking and other processes.
-Mineralogical research can be conducted more effectively with the help of DTA as it provides information about the various minerals present in a sample.
-DTA is also useful for determining the thermal stability of materials.
Differential Thermal Analysis (DTA) is a thermal analytical technique in which the difference in the amount of heat required to raise the temperature of a sample and reference is measured as a function of temperature. DTA can be used to determine the glass transition temperature, melting point, and enthalpy of a material. It can also be used to study reactions, such as oxidation and hydration.
The Differential Thermal Analysis (DTA) market is expected to grow at a CAGR of 4.8% from 2016 to 2031. The market was valued at USD 329.6 million in 2015 and is projected to reach USD 480.8 million by 2031. Differential thermal analysis is a thermoanalytical technique in which the difference in the temperature between a sample and an inert reference material is measured as a function of time or temperature while the two are subjected to identical heating schedules.
Single-function differential thermal analyzers are used for specific applications such as determination of melting points, glass transition temperatures, crystallization behavior, and exothermic or endothermic reactions. Multi-function differential thermal analyzers can be used for various applications such as determination of purity, polymorphism, decomposition temperatures, moisture content, etc. The pharmaceutical application segment accounted for the largest share of the DTA market in 2015 and is expected to grow at the highest CAGR during the forecast period owing to the increasing use of DTA in drug discovery and development process.
The key factor restraining growth of differential thermal analysis marketis lack Awareness about analytical techniques among people in underdeveloped countries. Also, stringent government regulations regarding food safety testing may hinder market growth over the forecast years. However, growing awareness about analytical techniques among researchers is also projected to fuel the market growth over the forecast period.
The key players in the DTA market are Thermo Fisher Scientific Inc., NETZSCH Group, TA Instruments, Hitachi High-Technologies Corporation, PerkinElmer Inc., Shimadzu Corporation, and Mettler Toledo International Inc. These companies hold a significant share of the market due to their strong product portfolios and wide geographical reach.
The Fixed-wing segment to form major portion of the market
The single-function DTA segment is expected to grow at a higher CAGR during the forecast period as it is widely used in the pharmaceutical industry. The DTA market is further segmented into pharmaceutical, food/biologicals, mineralogical research, and others applications. The pharmaceutical application segment is expected to grow at the highest CAGR during the forecast period due to the increasing demand for drugs and medication.
Applications segment to be on top of the market
The food/biologicals segment is also expected to witness significant growth during the forecast period. DTA is used for quality control and safety testing of food products. It is also used for studying the effects of processing on food products. The mineralogical research segment is expected to grow at a moderate pace during the forecast period. DTA is used for studying the thermodynamic behavior of minerals, which helps in understanding their physical and chemical properties.
North America to dominate the market
According to the forecast period, the Asia Pacific region is expected to grow at the highest rate in Differential Thermal Analysis (DTA) market. The market growth in this region can be attributed to factors such as increasing R&D activities and investments, favorable government initiatives, and growing pharmaceutical and food industries.
In addition, the increase in demand for DTA instruments from emerging economies such as China and India is also anticipated to contribute to market growth in the Asia Pacific region during the forecast period. North America is another major market for DTA instruments due to the presence of well-established players in the region.
Covid-19 Impact & Market Status
The COVID-19 pandemic has caused a decrease in the demand for DTA instruments as most industries have been affected by the lockdown measures implemented across the globe. The market is anticipated to recover in 2021 as industries start to resume operations.
Latest Innovations in the Global Differential Thermal Analysis (DTA) Market: A Snapshot
One of the most significant recent developments in the DTA market is the launch of new products with improved performance and features. These new products have been designed to meet the needs of specific applications and markets, and they offer improved accuracy, precision, and sensitivity compared to previous generations of DTA instruments. In addition, many of these new products are available with optional accessories and software packages that further enhance their performance and capabilities.
Another important development in the DTA market is the expansion of existing product lines. Many manufacturers have introduced new models or upgraded existing models to meet the demands of changing markets and applications. These expanded product lines offer greater choice and flexibility for users, and they allow manufacturers to address a wider range of customer needs.
Finally, another noteworthy development in the DTA market is the introduction of new applications for this technology. In recent years, DTA has been increasingly used for pharmaceutical research and quality control, food safety testing, mineralogical analysis, environmental monitoring, and other industrial applications. This trend is expected to continue in the coming years as more users discover the potential benefits of this versatile technique.
Differential Thermal Analysis (DTA) Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2032||USD 480.8 million|
|Growth Rate||CAGR of 4.8% during 2021-2031|
|Segment Covered||by Type, By Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and Africa|
|Key Players Profiled||Thermo Fisher Scientific Inc., NETZSCH Group, TA Instruments, Hitachi High-Technologies Corporation, PerkinElmer Inc., Shimadzu Corporation, and Mettler Toledo International Inc.|
Key Segment of Impact Mills Market
By Type Overview 2021-2031, (USD Billion)
• Single-function DTA
• Multi-function Instrument
By Application Overview 2021-2031, (USD Billion)
• Mineralogical Research
By Region Overview 2021-2031, (USD Billion)
• Rest of Asia Pacific
• Rest of North America
• Rest of Europe
Middle East and Africa