Elemental Analysis Market Overview
The elemental analysis market is expected to grow at 6.30% CAGR from 2023 to 2030. It is expected to reach above USD 2.82 billion by 2030 from USD 1.84 billion in 2023.
A technique called elemental analysis is used to locate and count the elements in a sample. It can be used to determine the amounts of various elements present in a range of substances, including soils, plants, rocks, minerals, metals, and other things. Elemental analysis is a technique that can be used to study the composition of materials, assess their purity, and pinpoint trace components. Elements can be analyzed using a variety of methods, including atomic absorption spectrometry,
X-ray fluorescence, and inductively coupled plasma
mass spectrometry.
Major market drivers include new international GMP and GDP certification called "EXCiPACT" for pharmaceutical excipients in North America and Europe, rising food safety concerns, rising life science R&D spending, expanding use of X-ray fluorescence in medical research, and growing use of Atomic Absorption Spectroscopy (AAS) to support the drug safety process. Due to these developments, inductively coupled plasma spectrometry (ICP), inductively coupled plasma mass spectrometry (ICP-MS), and atomic absorption spectrometry (AAS) have all been developed. Additionally, prospects for market expansion are probably going to be brought about by the rising markets in China and India, the rise in application market demand, and the need to adhere to the updated Chapter 231 of the US Pharmacopoeia.
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Elemental Analysis Market | Exactitude Consultancy[/caption]
One of the key factors propelling the growth of the elemental analyzer market is the rising need for the analysis of solid materials' elemental composition. Inorganic and organic compounds can be analyzed by elemental analyzers, and they can produce accurate results. Elemental analyzers are user-friendly since they can simultaneously determine Sulphur and Carbon. The need for elemental analyzers is rising as a result of the need to determine the elemental composition of materials in sectors such as the construction, mining, petrochemical, and pharmaceutical industries. But during the anticipated term, a shortage of skilled labor is anticipated to constrain the market. Since the workforce in many developing and undeveloped nations lack the technical expertise to operate modern equipment, elemental analysis is often conducted using older instruments. Consequently, many manufacturers in these nations run training programs. However, there is still a sizable gap between the demand and availability of workers who can operate devices for elemental analysis.
The growing need for elemental analysis in emerging industries like
renewable energy, nanotechnology, and
biotechnology is one of the major opportunities in the elemental analysis market. Market expansion is being driven by the demand for sophisticated elemental analysis techniques to assist R&D, quality control, and process optimization efforts. Additionally, the use of elemental analysis in mining, forensic sciences, and geological exploration offers strong commercial opportunities. Also, the COVID-19 epidemic had a big effect on the market for elemental analysis. In the case of COVID-19 patients, the body contained abnormally high levels of trace elements, and the respiratory system was in danger of infection due to of the blood's increased levels of heavy metals. For instance, according to the study report that was published by the American Journal of Analytical Chemistry in May 2021, the elemental analysis in COVID-19 patients was carried out using atomic absorption (AA) spectrophotometer. This analysis revealed that COVID-19 patients have abnormal levels of toxic elements (cadmium and nickel) compared to essential trace metals (zinc, iron, and copper) in the biological samples.
ATTRIBUTE |
DETAILS |
Study period |
2020-2030 |
Base year |
2022 |
Estimated year |
2023 |
Forecasted year |
2023-2030 |
Historical period |
2019-2021 |
Unit |
Value (USD Billion) |
Segmentation |
By Type Of Element, By Technology, By Region. |
By Type Of Element
|
|
By Technology
|
- Destructive Technologies
- Non Destructive Technologies
|
By Region
|
- North America
- Asia Pacific
- Europe
- South America
- Middle East Asia & Africa
|
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL VETERINARY IMAGING MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON ELEMENTAL ANALYSIS MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT, 2020-2030, (USD BILLION)
- ORGANIC
- INORGANIC
- GLOBAL ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY, 2020-2030, (USD BILLION)
- DESTRUCTIVE TECHNOLOGIES
- NON-DESTRUCTIVE TECHNOLOGIES
- GLOBAL ELEMENTAL ANALYSIS MARKET BY REGION, 2020-2030, (USD BILLION)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- COMPANY PROFILES*
(BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- THERMO FISHER SCIENTIFIC, INC.
- PERKINELMER, INC.
- AGILENT TECHNOLOGIES, INC.
- BRUKER CORPORATION
- AMETEK, INC.
- HORIBA, LTD
- RIGAKU CORPORATION
- SHIMADZU CORPORATION
- ANALYTIK JENA AG
- ELEMENTAR GROUP*THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1 GLOBAL ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLION), 2020-2030
TABLE 2 GLOBAL ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 3 GLOBAL ELEMENTAL ANALYSIS MARKET BY REGION (USD BILLIONS), 2020-2030
TABLE 4 NORTH AMERICA ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 5 NORTH AMERICA ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 6 NORTH AMERICA ELEMENTAL ANALYSIS MARKET BY COUNTRY (USD BILLION), 2020-2030
TABLE 7 US ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 8 US ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 9 CANADA ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (BILLIONS), 2020-2030
TABLE 10 CANADA ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 11 MEXICO ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 12 MEXICO ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 13 SOUTH AMERICA ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 14 SOUTH AMERICA ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 15 SOUTH AMERICA ELEMENTAL ANALYSIS MARKET BY COUNTRY (USD BILLION), 2020-2030
TABLE 16 BRAZIL ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 17 BRAZIL ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 18 ARGENTINA ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 19 ARGENTINA ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 20 REST OF SOUTH AMERICA ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 21 REST OF SOUTH AMERICA ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 22 ASIA -PACIFIC ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 23 ASIA -PACIFIC ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 24 ASIA -PACIFIC ELEMENTAL ANALYSIS MARKET BY COUNTRY (USD BILLION), 2020-2030
TABLE 25 INDIA ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 26 INDIA ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 27 CHINA ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 28 CHINA ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 29 JAPAN ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 30 JAPAN ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 31 SOUTH KOREA ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 32 SOUTH KOREA ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 33 AUSTRALIA ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 34 AUSTRALIA HYBRID FUNCTIONBY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 35 AUSTRALIA ELEMENTAL ANALYSIS MARKET BY FUNCTION (USD BILLIONS), 2020-2030
TABLE 36 AUSTRALIA ELEMENTAL ANALYSIS MARKET BY ORGANIZATION SIZE (USD BILLION), 2020-2030
TABLE 37 REST OF ASIA PACIFIC ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 38 REST OF ASIA PACIFIC HYBRID FUNCTIONBY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 39 EUROPE ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 40 EUROPE ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 41 EUROPE ELEMENTAL ANALYSIS MARKET BY COUNTRY (USD BILLION), 2020-2030
TABLE 42 GERMANY ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 43 GERMANY ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 44 UK ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 45 UK ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 46 FRANCE ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 47 FRANCE ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 48 ITALY ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 49 ITALY ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 50 SPAIN ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 51 SPAIN ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 52 REST OF EUROPE ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 53 REST OF EUROPE ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 54 MIDDLE EAST AND AFRICA ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 55 MIDDLE EAST AND AFRICA ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 56 MIDDLE EAST AND AFRICA ELEMENTAL ANALYSIS MARKET BY COUNTRY (USD BILLION), 2020-2030
TABLE 57 UAE ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 58 UAE ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 59 SOUTH AFRICA ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 60 SOUTH AFRICA ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
TABLE 61 REST OF MIDDLE EAST AND AFRICA ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT (USD BILLIONS), 2020-2030
TABLE 62 REST OF MIDDLE EAST AND AFRICA ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY (USD BILLION), 2020-2030
LIST OF FIGURES
FIGURE 1 MARKET DYNAMICS
FIGURE 2 MARKET SEGMENTATION
FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4 DATA TRIANGULATION
FIGURE 5 BOTTOM-UP APPROACH
FIGURE 6 TOP-DOWN APPROACH
FIGURE 7 RESEARCH FLOW
FIGURE 8 GLOBAL ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT, USD BILLION, 2020-2030
FIGURE 9 GLOBAL ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY, USD BILLION, 2020-2030
FIGURE 10 GLOBAL ELEMENTAL ANALYSIS MARKET BY REGION, USD BILLION, 2020-2030
FIGURE 11 PORTER’S FIVE FORCES MODEL
FIGURE 12 GLOBAL ELEMENTAL ANALYSIS MARKET BY TYPE OF ELEMENT, USD BILLION, 2022
FIGURE 13 GLOBAL ELEMENTAL ANALYSIS MARKET BY TECHNOLOGY, USD BILLION, 2022
FIGURE 14 GLOBAL ELEMENTAL ANALYSIS MARKET BY REGION, USD BILLION, 2022
FIGURE 15 MARKET SHARE ANALYSIS
FIGURE 16 THERMO FISHER SCIENTIFIC, INC.: COMPANY SNAPSHOT
FIGURE 17 PERKINELMER, INC.: COMPANY SNAPSHOT
FIGURE 18 AGILENT TECHNOLOGIES, INC.: COMPANY SNAPSHOT
FIGURE 19 BRUKER CORPORATION: COMPANY SNAPSHOT
FIGURE 20 AMETEK, INC.: COMPANY SNAPSHOT
FIGURE 21 HORIBA, LTD: COMPANY SNAPSHOT
FIGURE 22 RIGAKU CORPORATION: COMPANY SNAPSHOT
FIGURE 23 SHIMADZU CORPORATION: COMPANY SNAPSHOT
FIGURE 24 ANALYTIK JENA AG: COMPANY SNAPSHOT
FIGURE 25 ELEMENTAR GROUP: COMPANY SNAPSHOT