There is a rising need for high pressure thermogravimetric analyzers, particularly in the business and academic research sectors. These are employed to gauge the physical and chemical alterations brought about by the thermal decomposition reaction on a sample. Both the academic and commercial sectors are experiencing an increase in research activities. The physical and chemical alterations that take place when a sample experiences a thermal breakdown reaction are measured by thermogravimetric analyzers. Thermogravimetric analyzers are now required in various fields as a result of this.

Accurate analysis of various samples is becoming more and more necessary. In order to evaluate the physical and chemical changes that take place when a sample experiences a thermal breakdown reaction, thermogravimetric analyzers are utilized, which aids in producing reliable results. The market for thermogravimetric analyzers is experiencing an increase in the need for automation and data acquisition. Compared to human processes, automated systems offer precision and faster throughput. This contributes to a decrease in the amount of time needed for analysis, improving process effectiveness. The market for thermogravimetric analyzers requires improved software capabilities. The process will be more efficient as a result of the ability to analyze various samples more quickly and accurately.

Thermogravimetric analyzers accurately evaluate a variety of samples, resulting in results that may be trusted. This is one of the main benefits that attracts academics and companies to thermogravimetric analyzers. Thermogravimetric analyzers require less maintenance than other types of analyzers. As a result, they are economical and aid in time and financial savings for businesses. Thermogravimetric analyzers are available in a variety of forms, including desktop and transportable variants. This gives users flexibility and makes them perfect for use in field or lab studies.

Due to rising demand from the corporate and academic research sectors, the worldwide thermogravimetric analyzer market is anticipated to expand significantly over the course of the projected period.

A sort of analytical tool called a thermogravimetric analyzer (TGA) is used to quantify the physical and chemical alterations that take place when a sample goes through thermal oxidation or decomposition. It calculates the change in mass of a sample as a function of temperature, time, and environment when the sample reacts with an oxidizing agent. It is employed in a number of sectors, including petrochemicals, polymers, medicines, and food and beverage.

At a CAGR of 6.5% over the projected period, the thermogravimetric analyzer market is anticipated to increase from USD 800 Million in 2021 to USD 1.5 Billion by 2031.

This market's expansion can be ascribed to the rise in demand for thermogravimetric analyzers in both the business and academic research sectors.

In comparison to other analytical devices, thermogravimetric analyzers are relatively pricey. The use of thermogravimetric analyzers may be hampered by their expensive price, particularly in underdeveloped nations.The market's expansion may be hampered by a lack of qualified staff to operate and maintain thermogravimetric analyzers. The accuracy and mobility of thermogravimetric analyzers, however, are likely to fuel market expansion throughout the course of the projection period.

TA Instruments (U.S.), PerkinElmer (U.S.), Netzsch (Germany), Mettler-Toledo International Inc. (Switzerland), SETARAM Instrumentation, Inc. (France), and Shimadzu Corporation are the leading companies in the thermogravimetric analyzer market (Japan).

Growing demand for automation and data acquisition: Compared to manual procedures, automated solutions offer accuracy and quicker throughput. This contributes to a decrease in the amount of time needed for analysis, improving process effectiveness.

Segment Analysis

High Pressure Thermogravimetric Analyzer segment to form major portion of the market

During the projection period, the high-pressure thermogravimetric analyzer sector is anticipated to develop at the greatest CAGR. With a pressure range up to 25MPa, high-pressure thermogravimetric (HPTA) analyzers are utilized for thermal analysis, making them suited for assessing volatile compounds including polymers and medicines. Furthermore, this market is expanding as a result of the rising demand for HPTA in both the business and academic research sectors.

 Academic Research segment segment to be on top of the market
During the projection period, the academic research segment is anticipated to increase at the greatest CAGR. Thermogravimetric analyzers are utilized in a variety of applications, including rheology, corrosion investigations, polymer degradation, chemical and material sciences, and testing of food and beverages. They are therefore perfect for use in academic research domains, which is helping this market segment flourish.

Asia Pacific to dominate the market

The thermogravimetric analyzer market in Asia-Pacific is anticipated to expand at the highest CAGR during the projection period. The rising demand for thermogravimetric analyzers from a variety of industries, including petrochemicals, pharmaceuticals, and food & beverages in nations like India, can be credited with the expansion of this market.

Covid-19 Impact & Market Status

The demand for thermogravimetric analyzers has decreased as a result of the disruption caused by the Covid-19 outbreak to the supply chains of numerous sectors. However, with most industries scheduled to resume operations, the market is anticipated to recover and return to pre-Covid levels.

Latest Innovations in the Global Thermogravimetric Analyzer Market: A Snapshot

The Pyris 7 Thermogravimetric Analyzer, for instance, was introduced by TA Instruments and comes with a high-pressure chamber for the analysis of volatile substances like polymers and pharmaceuticals.
PerkinElmer has introduced the Flash 2000 TGA Series, which offers improved software and faster speeds and accuracy.

Thermogravimetric Analyzer Market Scope

Key Segments of the Thermogravimetric Analyzer Market

by Type Overview (USD Billion)
        •    High Pressure Thermogravimetric Analyzer
        •    Atmospheric Thermogravimetric Analyzer
By Application Overview (USD Billion)
        •    Academic Research
        •    Business 
North America
        •        U.S
        •        Canada
Europe
        •        Germany
        •        France
        •        UK
        •        Rest of Europe
Asia Pacific
        •        China
        •        India
        •        Japan
        •        Rest of Asia Pacific
South America
        •        Mexico
        •        Brazil
        •        Rest of South America
Middle East and Africa