According to the research report titled ‘Global Particle Size Analysis Market Size study, by Technology (Laser Diffraction, Dynamic Light Scattering, Imaging, Nanoparticle Tracking Analysis (NTA), Others), by Dispersion Type (Wet Dispersion, Dry Dispersion, Spray Dispersion), by End-User (Healthcare, Chemicals & Petroleum, Mining & Minerals, Food & Beverage , Others) and Regional Forecasts 2020-2027’, available with Market Study Report, global particle size analysis market was worth USD 337 million in 2019 and is expected to expand with a CAGR of 5.5% during 2020-2027.
 

Increasing expenditure in nanotechnology, shifting focus towards pharmaceutical research & development, and emerging online & inline particle size analysis are major factors driving global particle size analysis market growth.
 

For those unfamiliar, particle sizing or particle size analysis is an technique through which samples containing particulate material is estimated, reported, and distributed. This method can be used to measure both liquid and solid forms. This technique is used in formulation of a variety of products used in applications including nanotechnology, pharmaceuticals, cosmetics, and food products, which in turn is contributing to the market outlook.
 

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As per the report, the President’s 2020 budget, granted USD 1.4 billion for National Nanotechnology Initiative (NNI) in the United States. The investments in 2019 and 2018 as well as those proposed for the year 2020 represent a constant focus on R&D in nanoscience. This factor is likely to boost the demand for particle sizing globally.
 

The COVID-19 pandemic has temporarily stopped civilized life, resulting in industrial sector facing unavailability of raw materials and trade disruptions, thereby observing a reduced demand for particle size analyzers.  Besides this, heavy import duties on particle size analyzers in developing economies is projected to impede the market growth during 2020-2027.
 

Citing the regional landscape, North America holds a significant market share and is predicted to expand consistently during the forecast period, majorly credited to increasing demand for precise measurement of particle size & particle differentiation, along with surging investment in nanotechnology sector. Meanwhile, Asia Pacific particle size analysis market is slated to grow substantially owing to implementation of favorable regulations by regional governments to enhance product quality. Increasing expenditure of pharmaceutical on R&D is also stimulating the industry outlook in Asia-Pacific.
 

Leading organizations in global particle size analysis industry are Malvern Panalytical, LS Instruments AG, Izon Science Ltd., Horiba, Ltd., Fritsch International, Brookhaven Instruments Corporation, Bettersize Instruments Ltd., Beckman Coulter Inc, Anton Paar GmbH, AimSizer Scientific Ltd.