The Particle Size Analysis Market Size is valued at USD 431.9 Mn in 2023 and is predicted to reach USD 698.5 Mn by the year 2031 at a 6.4% CAGR during the forecast period for 2024-2031.
Particle size analysis is a method employed to ascertain the size distribution of particles inside a sample. Particle size is a crucial metric in various industries, such as medicines, chemicals, food, and materials science, as it can affect product performance, quality, stability, and process efficiency. Hence, the adoption of Particle Size Analysis is expected to increase in the near future as concerns grow over the development of nanotechnology. Growing advancement in particle size analysis tools and software improve their speed, accuracy, and ease of use. These factors are expected to propel the growth of the global Particle Size Analysis market. Moreover, rising consumer buying power, the easy availability of pharmaceuticals, and advancements in diagnostics are some of the other factors may augment the target market growth. The increasing demand for pharmaceutical products globally is expected to boost the market expansion in the coming years.
However, the high cost of particle size analysis, coupled with the COVID-19 outbreak, are factors that may hinder the growth of the target market during the forecast period. Furthermore, rapidly increasing R&D activities, government initiatives to use advanced technology for production, and investments by prominent players are factors expected to create lucrative growth opportunities in terms of revenue for players operating in the global Particle Size Analysis market over the forecast period.
The Particle Size Analysis market is categorised on the basis of technology, dispersion, type, and end user. The technology segment cosists of laser diffraction, dynamic light scattering, imaging, (dynamic imaging, static imaging), coulter principle, nanoparticle tracking analysis (NTA), sieve analysis, and other technologies. By dispersion, the market is segmented into wet dispersion, dry dispersion, and spray dispersion. By type, the market is segmented into bench-tope analyzers and portable analyzers. By end user, the market is segmented into the healthcare industry, cosmetic industry, chemicals & petroleum industry, mining, food & beverage industry, minerals and cement industry, and other industries.
The laser diffraction category is expected to hold a major share of the global Particle Size Analysis market. This is attributed to its high accuracy and precision in measuring the distribution of particle size. Thus, compliance with stringent regulatory frameworks in several industries requires precise particle size analysis, making it an efficient tool. Additionally, with the increasing demand for precise measurements, laser diffraction provides detailed and trustworthy information about particle sizes.
The healthcare sector is likely to grow at a rapid rate in the global Particle Size Analysis market owing to the development of medical tools and devices like drug-eluting stents and implants. Moreover, it is also utilized in the development of diagnostic assays and tests, such as lateral flow tests, immunoassays, and point-of-care diagnostics. Hence, there is an increase in demand for Particle Size Analysis in the healthcare sector.
The North American Particle Size Analysis market is expected to report the prominent market revenue share in the near future. This can be attributed to the strong focus on nanotechnology development in the region, with the increasing adoption of Particle Size Analysis in different industries due to its accuracy, ease of use, and mean range of particle size. In addition, the increasing awareness about nanotechnology, government reforms and regulations for product quality, and high industry standards in the region are factors increasing the growth of the target market in the region. Also, the Asia Pacific is projected to grow at a rapid rate in the global Particle Size Analysis market due to a huge range of industries, such as pharmaceuticals, food & beverages, chemicals, and electronics, government initiatives, and increasing funding in various industries.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 431.9 Mn |
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Revenue Forecast In 2031 |
USD 698.5 Mn |
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Growth Rate CAGR |
CAGR of 6.4% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Mn and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Technology, Dispersion, Type, And End User |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
HORIBA, Danaher, Anton Paar GmbH, Bettersize Instruments Ltd., Brookhaven Instruments, Fristsch GmbH, LS Instruments, Mettler Toledo, Micromeritics Instrument Corporation, Microtrac Retsch GmbH, Shimadzu Corporation, Sympatec GmbH, TSI. And Others |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Particle Size Analysis Market Snapshot
Chapter 4. Global Particle Size Analysis Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Porter's Five Forces Analysis
4.7. Incremental Opportunity Analysis (US$ MN), 2024-2031
4.8. Global Particle Size Analysis Market Penetration & Growth Prospect Mapping (US$ Mn), 2023-2031
4.9. Competitive Landscape & Market Share Analysis, By Key Player (2023)
4.10. Use/impact of AI on Particle Size Analysis Industry Trends
Chapter 5. Particle Size Analysis Market Segmentation 1: By Technology, Estimates & Trend Analysis
5.1. Market Share by Technology, 2023 & 2031
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following Technology
5.2.1. Laser Diffraction
5.2.2. Dynamic Light scattering
5.2.3. Imaging
5.2.4. Dynamic Imaging
5.2.5. Static Imaging
5.2.6. Nanoparticle Tracking Analysis (NTA)
5.2.7. Coulter Principle
5.2.8. Sieve Analysis
5.2.9. Other Technologies
Chapter 6. Particle Size Analysis Market Segmentation 2: By Dispersion, Estimates & Trend Analysis
6.1. Market Share by Dispersion, 2023 & 2031
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following Dispersions:
6.2.1. Wet Dispersion
6.2.2. Dry Dispersion
6.2.3. Spray Dispersion
Chapter 7. Particle Size Analysis Market Segmentation 3: By Type, Estimates & Trend Analysis
7.1. Market Share by Type, 2023 & 2031
7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following Type:
7.2.1. Bench-Top Analyzers
7.2.2. Portable Analyzers
Chapter 8. Particle Size Analysis Market Segmentation 4: By End User, Estimates & Trend Analysis
8.1. Market Share by End User, 2023 & 2031
8.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following End User:
8.2.1. Healthcare Industry
8.2.1.1. Pharmaceutical & Biotechnology Companies
8.2.1.2. Public & Private Institutions
8.2.1.3. Academic Institutions
8.2.2. Cosmetic Industry
8.2.3. Chemicals & Petroleum Industry
8.2.4. Mining, Minerals and Cement Industry
8.2.5. Food & Beverage Industry
8.2.6. Other Industries
Chapter 9. Particle Size Analysis Market Segmentation 5: Regional Estimates & Trend Analysis
9.1. Global Particle Size Analysis Market, Regional Snapshot 2023 & 2031
9.2. North America
9.2.1. North America Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Country, 2024-2031
9.2.1.1. US
9.2.1.2. Canada
9.2.2. North America Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2024-2031
9.2.3. North America Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Dispersion, 2024-2031
9.2.4. North America Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031
9.2.5. North America Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by End User, 2024-2031
9.3. Europe
9.3.1. Europe Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Country, 2024-2031
9.3.1.1. Germany
9.3.1.2. U.K.
9.3.1.3. France
9.3.1.4. Italy
9.3.1.5. Spain
9.3.1.6. Rest of Europe
9.3.2. Europe Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2024-2031
9.3.3. Europe Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Dispersion, 2024-2031
9.3.4. Europe Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031
9.3.5. Europe Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by End User, 2024-2031
9.4. Asia Pacific
9.4.1. Asia Pacific Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Country, 2024-2031
9.4.1.1. India
9.4.1.2. China
9.4.1.3. Japan
9.4.1.4. Australia
9.4.1.5. South Korea
9.4.1.6. Hong Kong
9.4.1.7. Southeast Asia
9.4.1.8. Rest of Asia Pacific
9.4.2. Asia Pacific Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2024-2031
9.4.3. Asia Pacific Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Dispersion, 2024-2031
9.4.4. Asia Pacific Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031
9.4.5. Asia Pacific Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by End User, 2024-2031
9.5. Latin America
9.5.1. Latin America Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Country, 2024-2031
9.5.1.1. Brazil
9.5.1.2. Mexico
9.5.1.3. Rest of Latin America
9.5.2. Latin America Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2024-2031
9.5.3. Latin America Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Dispersion, 2024-2031
9.5.4. Latin America Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031
9.5.5. Latin America Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by End User, 2024-2031
9.6. Middle East & Africa
9.6.1. Middle East & Africa Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
9.6.1.1. GCC Countries
9.6.1.2. Israel
9.6.1.3. South Africa
9.6.1.4. Rest of Middle East and Africa
9.6.2. Middle East & Africa Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2024-2031
9.6.3. Middle East & Africa Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Dispersion, 2024-2031
9.6.4. Middle East & Africa Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031
9.6.5. Middle East & Africa Particle Size Analysis Market Revenue (US$ Million) Estimates and Forecasts by End User, 2024-2031
Chapter 10. Competitive Landscape
10.1. Major Mergers and Acquisitions/Strategic Alliances
10.2. Company Profiles
10.2.1. Spectris (UK)
10.2.1.1. Business Overview
10.2.1.2. Key Product/Service Offerings
10.2.1.3. Financial Performance
10.2.1.4. Geographical Presence
10.2.1.5. Recent Developments with Business Strategy
10.2.2. HORIBA (Japan)
10.2.3. Danaher (US)
10.2.4. Anton Paar GmbH (Austria)
10.2.5. Bettersize Instruments Ltd. (China)
10.2.6. Brookhaven Instruments (US)
10.2.7. Fritsch GmbH (Germany)
10.2.8. LS Instruments (Switzerland)
10.2.9. Metller Toledo (US)
10.2.10. Micromeritics Instrument Corporation (US)
10.2.11. Microtrac Retsch GmbH (Germany)
10.2.12. Shimadzu Corporation (Japan)
10.2.13. Sympatec GmbH (Germany)
10.2.14. TSI (US)
10.2.15. Other Prominent Players
Particle Size Analysis Market By Technology-
Particle Size Analysis Market By Dispersion-
Particle Size Analysis Market By Type-
Particle Size Analysis Market By End User-
Particle Size Analysis Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
