Market Overview:
The Global Microwave Extraction System Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for microwave extraction systems in various end-use industries such as chemical, pharmaceutical, food, and others. Inorganic reagents are used in a majority of applications owing to their properties such as solubility, reactivity, and stability. However, organic solvents are preferred over inorganic reagents owing to their low toxicity and environmental friendliness. North America dominates the global microwave extraction system market due to the presence of major players operating in this region and technological advancements taking place here.
Product Definition:
A microwave extraction system is a device that uses microwaves to extract compounds or substances from a sample. The importance of microwave extraction systems is that they can be used to extract compounds or substances from samples quickly and efficiently. This makes them ideal for use in laboratories and other research settings.
Organic Solvents:
Organic solvents are a group of chemicals that dissolve in organic compounds. The most common types of organic solvents are alcohols, glycol ethers, acetate esters, ketones and chlorinated. Organic solvent is also used for extraction process in the manufacturing industries. In addition to this, it is also used as cleaning agents and as paint strippers among other applications such as dry cleaning and metal degreasing among others.
Inorganic Reagents:
Inorganic reagents include compounds such as sulfuric acid, hydrochloric acid, and nitric acid. These are used in the manufacturing of MES (Microwave Extraction System) which is further used for the separation of water and oil based fuels. The by-products obtained from this process can be recycled or disposed off as waste depending on their toxicity levels.
Application Insights:
The chemical industry accounted for the largest market share of over 30% in 2017. The growth is attributed to the increasing demand for organic chemicals, which are manufactured using a variety of processes including crude extraction, catalytic cracking and refining. Microwave-extraction technology is used to extract various components such as terephthalic acid from petroleum refinery feedstock, acetic acid from methanol and butyric acid from butter oil.
Pharmaceuticals are anticipated to emerge as one of the fastest-growing application segments during the forecast period owing to extensive R&D investments by major players in this sector such as BASF SE & Co., Ltd.; Bayer MaterialScience LLC; Dow Chemical Company; Eastman Chemical Company; Evonik Industries AG; and Royal DSM N.V. Major applications include purification of intermediates used in pharmaceutical production or synthesis (such as amino acids) or other high value compounds (such as drugs).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing research and development activities in various sectors such as pharmaceutical, food, and others. In addition, rising awareness regarding GMES among researchers for extraction of target materials using microwaves is also anticipated to propel the demand for GMES systems in this region.
The Asia Pacific held a significant share in 2016 owing to high consumption rates of organic solvents and reagents used across numerous industries including agrochemicals, pharmaceuticals, cosmetics & personal care products among others. However, stringent government regulations on microwave emission standards are projected to hamper growth during the forecast period from 2017 to 2030; hence affecting overall revenue generation rate significantly.
Growth Factors:
- Increasing demand for high quality and safe food products
- Growing number of R&D activities in the field of extraction technology
- Rising popularity of microwave-assisted extraction (MAE) over traditional extraction methods
- Proliferation of new applications for microwave-extracted products
- Technological advancements in microwave extraction systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Microwave Extraction System Market Research Report
By Type
Organic Solvents, Inorganic Reagents
By Application
Chemical Industry, Pharmaceutical, Food, Others
By Companies
CEM, Biobase, Anton Paar, Milestone, SAIREM, Xianghu Science and Technology, I.R. Technology Services
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Microwave Extraction System Market Report Segments:
The global Microwave Extraction System market is segmented on the basis of:
Types
Organic Solvents, Inorganic Reagents
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical Industry, Pharmaceutical, Food, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CEM
- Biobase
- Anton Paar
- Milestone
- SAIREM
- Xianghu Science and Technology
- I.R. Technology Services
Highlights of The Microwave Extraction System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic Solvents
- Inorganic Reagents
- By Application:
- Chemical Industry
- Pharmaceutical
- Food
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Microwave Extraction System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A microwave extraction system is a device that uses microwaves to extract substances from solid materials. Microwave extraction systems are often used to extract drugs and other substances from illegal or hard-to-reach sources, such as drugs hidden in rocks or inside metal objects.
Some of the major companies in the microwave extraction system market are CEM, Biobase, Anton Paar, Milestone, SAIREM, Xianghu Science and Technology, I.R. Technology Services.
The microwave extraction system market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Microwave Extraction System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Microwave Extraction System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Microwave Extraction System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Microwave Extraction System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Microwave Extraction System Market Size & Forecast, 2018-2028
4.5.1 Microwave Extraction System Market Size and Y-o-Y Growth
4.5.2 Microwave Extraction System Market Absolute $ Opportunity
Chapter 5 Global Microwave Extraction System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Microwave Extraction System Market Size Forecast by Type
5.2.1 Organic Solvents
5.2.2 Inorganic Reagents
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Microwave Extraction System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Microwave Extraction System Market Size Forecast by Applications
6.2.1 Chemical Industry
6.2.2 Pharmaceutical
6.2.3 Food
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Microwave Extraction System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Microwave Extraction System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Microwave Extraction System Analysis and Forecast
9.1 Introduction
9.2 North America Microwave Extraction System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Microwave Extraction System Market Size Forecast by Type
9.6.1 Organic Solvents
9.6.2 Inorganic Reagents
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Microwave Extraction System Market Size Forecast by Applications
9.10.1 Chemical Industry
9.10.2 Pharmaceutical
9.10.3 Food
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Microwave Extraction System Analysis and Forecast
10.1 Introduction
10.2 Europe Microwave Extraction System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Microwave Extraction System Market Size Forecast by Type
10.6.1 Organic Solvents
10.6.2 Inorganic Reagents
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Microwave Extraction System Market Size Forecast by Applications
10.10.1 Chemical Industry
10.10.2 Pharmaceutical
10.10.3 Food
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Microwave Extraction System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Microwave Extraction System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Microwave Extraction System Market Size Forecast by Type
11.6.1 Organic Solvents
11.6.2 Inorganic Reagents
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Microwave Extraction System Market Size Forecast by Applications
11.10.1 Chemical Industry
11.10.2 Pharmaceutical
11.10.3 Food
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Microwave Extraction System Analysis and Forecast
12.1 Introduction
12.2 Latin America Microwave Extraction System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Microwave Extraction System Market Size Forecast by Type
12.6.1 Organic Solvents
12.6.2 Inorganic Reagents
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Microwave Extraction System Market Size Forecast by Applications
12.10.1 Chemical Industry
12.10.2 Pharmaceutical
12.10.3 Food
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Microwave Extraction System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Microwave Extraction System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Microwave Extraction System Market Size Forecast by Type
13.6.1 Organic Solvents
13.6.2 Inorganic Reagents
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Microwave Extraction System Market Size Forecast by Applications
13.10.1 Chemical Industry
13.10.2 Pharmaceutical
13.10.3 Food
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Microwave Extraction System Market: Competitive Dashboard
14.2 Global Microwave Extraction System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CEM
14.3.2 Biobase
14.3.3 Anton Paar
14.3.4 Milestone
14.3.5 SAIREM
14.3.6 Xianghu Science and Technology
14.3.7 I.R. Technology Services
