The Fourier Transform Infrared Spectroscopy FTIR is a method in which IR radiation is passed through a sample. The sample has unique molecular absorption and transmission and thus, this technology is used for analysis and testing applications in various fields such as food analysis, pharmaceuticals, biotechnology and others. There is high scope for the FTIR Spectrometer Market in various regions across the globe through 2021.
Topics Covered in this report:
Scope and Regional Forecast of the FTIR Spectrometer Market:
In the FTIR Spectrometer Market, research applications, pharmaceuticals, food testing and petrochemical engineering applications are anticipated to witness high growth and demand in various regions through 2021.
North America is the major investor in the FTIR Spectrometer Market. Many companies that manufacture system for spectroscopy are in this region and growing adoption is expected to boost the demand. Europe is expected to have healthy demand for FTIR devices through 2021. The US, Germany and UK are the major markets in these regions respectively.
Asia Pacific is the largest region in the FTIR Spectrometer Market. Growing utilization of spectrometers for FTIR in various testing industries, increasing investment by companies and emerging economies are driving the growth through 2021.
The FTIR Spectrometer Market is fast growing market with high utilization of Fourier transform spectrometer and increasing use of FTIR applications such as FTIR spectra analysis, FTIR test and FTIR instrumentation etc. in various end user industries across the globe. This market is anticipated to witness high growth owing to the increasing R&D investment for FTIR Spectroscopy, growing adoption of FTIR analysis, IR instrumentation and FTIR detector and growing manufacturing of spectrometers for end user verticals use in various regions across the globe through 2021.
Segmentation and Key Players of the FTIR Spectrometer Market:
The FTIR Spectrometer Market is segmented into various categories by type, by application by region as follows:
By type: Portable type, Laboratory type
By application: Organic synthesis, Polymer science, Petrochemical engineering, Pharmaceutical industry, Food analysis and others
By region: North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), Latin America, Middle and Africa
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The key players in the FTIR Spectrometer Market are as follows:
- Thermo Fisher Scientific Inc.
- Agilent Corporation
- Perkin Elmer
- Bruker Corporation
- ABB Ltd.
FTIR applications for testing, analysis and detection is driving the demand in various regions across the globe in the upcoming years through 2021.
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