The global Tensiometer market worth US$ 204.19 million by 2028, growing at a CAGR of 7.9%
The global tensiometer market is on a progressive growth trajectory and is poised to surpass USD 140 million by 2028 seizing an estimated CAGR of 8.5% throughout the forecast timeline. 2018 to 2028. The optimum hike in growth rate is attributed to the substantial expansion of the end-user industries, echoing similar expansion in the global tensiometer market.
Engineering limitations such as entry of air bubbles into the tensiometer tubes often result in inaccurate deductions and readings. Additionally, weather resistance is quite flawed in most modern tensiometers and this can result in compromised tensiometer functionality besides affecting the overall structure. These limitations are likely to act as significant growth inhibitors.
On the contrary, advances in agricultural activities worldwide to effectively meet soaring demands led by population upsurge are likely to pave new growth opportunities in the global tensiometer market as the tool is highly effective to monitor current soil moisture content that determines agricultural output.
However, lack of skill set is considered to hamper the growth and introduce a major challenge for the tensiometer industry to cope up with higher efficiency needs and complete utilization of the tensiometer capabilities. Nonetheless, with increasing focus on product development and advancing research and development the global tensiometer market is expected to witness lucrative opportunities over the forecast span.
Tensiometers are instruments widely used in scientific research and experiments to accurately determine the surface tension of liquids. It also allows measurement of interfacial tension, a phenomenon that refers to the tension that exists between two different or same liquid surfaces. A broad range of precise tensiometers exist in the market with specific applications based on the features and characteristics of the instrument. Research laboratories are one of the most common areas of application where tensiometers help determine surface tension of liquids such as coatings, glues, paints, and more. Industrially, tensiometers are a popular tool to monitor various processes for instance, painting of automotive vehicles, painting of industrial equipment and materials, electroplating, and others.
A tensiometer is composed of a water-filled tube displaying a porous ceramic tip sitting at one end and a vacuum gauge on the opposite end of the tube. Tensiometers are also popularly used across biopharmaceutical and pharmaceutical industries.
The global tensiometer market players with a robust foundation are firmly placed alongside the emerging market entrants entering the industry with the aim of disrupting the conventional applications and traditional features of the instrument and modifying with advanced features to enhance product performance, reliability, accuracy, and efficiency.
Increasing threat posed by young market players with potential technologies replacing the conventional product portfolio in place and influencing upgradations in the product capabilities have resulted in cut-throat competition.
The major players of the global tensiometer market are Biolin Scientific, Apec Instruments, DataPhysics Instruments GmbH, Kyowa Interface Science, KRUSS GmbH, LAUDA Scientific GmbH, Pro-Pack Materials, TECLIS Scientific, USA KINO Industry, and Kibron. The global tensiometer market players sit on a broad and diverse competitive landscape with wide range of well-established local players along with the players with international reach. In addition, the studied market players are introducing an array of novel strategies and technology equipped modifications in order to remain competitive in the global market.
Tensiometer Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 204.19 million|
|Growth Rate||CAGR of 7.9% during 2021-2028|
|Segment Covered||Product Type, Industry Vertical, Regions|
|Regions Covered||North America, Europe, Asia Pacific, Middle East and Africa, South America|
|Key Players Profiled||Biolin Scientific, Apec Instruments, DataPhysics Instruments GmbH, Kyowa Interface Science, KRUSS GmbH, LAUDA Scientific GmbH, Pro-Pack Materials, TECLIS Scientific, USA KINO Industry, and Kibron|
Key Segments of the Global Tensiometer Market
Product Type Overview, (USD Million)
- Force Tensiometer
- Optical Tensiometer
- Volumetric Tensiometer
- Bubble Pressure Tensiometer
Industry Vertical Overview, (USD Million)
- Medical Devices
- Oil & Gas
- Research Laboratory
Regional Overview, (USD Million)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East & Africa
Reasons for the study
- Purpose of the report is to provide an in-depth and conclusive analysis on the global tensiometer market, offering valuable insights, factual archive of deliverables and actional analytical output to atone existing limitations.
- Ensure market participants garner significant understanding of the competitive nature of the market with key players investing in innovative product development strategies.
What does the report include?
- The study report on the global tensiometer market gives an agglomerated research analysis of qualitative aspects focusing on driving factors, growth derivatives, restrains, challenges, and opportunities.
- The study incorporates granular assessment of the global tensiometer market competitive landscape with a compartmentalized evaluation of each recognized market player, taking cues from their strategic initiatives and efforts for enhancing product development.
- The study report thoroughly covers market segmentation based on the product type, application, and region to decipher the scope of improvement and also understand the capacities of each of the segment in steering exponential growth spurt.
- Accurate market estimations, market sizes, and forecasts have been illustrated for each mentioned segment. This is expected to equip readers with fast hand information about core market developments.
Who should buy this report?
- The report on the global tensiometer market is packed with highly relevant repository of data for all the market participants including medical device manufacturers, distributors, providers, and consumers
- Entrepreneurs and investors seeking for insights on the future outlook of the global tensiometer market along with industry players across pharma, energy, cosmetics, oil and gas sector
- Consultants, analysts, researchers, laboratories, and institutions looking for detailed understanding of the global tensiometer market dynamics.
Frequently Asked Questions (FAQ) :
Growing need for product quality improvement along enhancing the efficiency and maximizing productivity of manufacturing processes are factors driving the growth of the global tensiometer market. Ever expanding biopharmaceutical industry with parallel developments in the pharmaceutical expenditure and research and development infrastructure are major factors anticipated to offer lucrative opportunities for the growth of the global tensiometer market over the forecast years.
Wide range of existing applications of the instruments along with expanding avenue of potential applications are expected to boost the market demand significantly during the forecast period. In addition, business ventures within the oil and gas sector are gaining momentum which is considered to fast track the demand for applied instruments such as tensiometer over the forecast thereby contributing substantial growth of the global tensiometer market.
Increasing stringency across production and manufacturing industries for achieving higher levels of efficiency along with aggressive efficacy goals across pharmaceutical and medical devices industries coupled with higher safety standards are also propelling the growth of the global tensiometer market throughout the forecast years.
Based on the tensiometer type, the optical tensiometer segment largely dominated the market with largest market share in the previous years and is likely to register the highest CAGR over the forecast years owing to the extensive market demand for optical tensiometer from chemical, energy, oil and gas, and pharmaceutical industries. Optical tensiometers are popularly applied in R&D and quality control of manufactured products making it a vital instrument.
Industry Vertical Segment
Based on industry vertical, the chemical industry segment held the largest market share in earlier, with a crucial role of tensiometer in ensuring high-quality product development coupled with rising need for determining surface interaction, which have contributed to segment’s extensive growth. Research laboratory is also expected to witness significant growth over the forecast years.
Asia Pacific is anticipated to record the lion’s share throughout the forecast years owing to the constantly expanding chemical industry with economies like China registering massive amounts of chemical production accelerating the demand for tensiometer. In addition, India is one of the most promising hotspots associated with the oil and gas industry thus reflecting the wide application of the instrument contributing to the tensiometer market growth across Asia Pacific during the forecast period.
The region is also experiencing a surge in development of infrastructure of the pharmaceutical and medical devices industries. In recent decades, the region has witnessed a rapid hike in the midstream as well as downstream projects including expansion of pipeline networks and LNG terminals ultimately driving the demand for tensiometers. A strong pharmaceutical industry in North America is expected to propel the growth of the global tensiometer market gradually in the region.