Market Overview:
The global multi-cuvettes spectrophotometer market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for miniaturized and portable spectrophotometers, rising adoption of multi-cuvette spectrophotometers in various industries, and technological advancements in the field of spectroscopy. Based on type, the global multi-cuvette spectrophotometer market is segmented into acrylic, epoxy, urethane, silicone, parylene and others. Among these segments, acrylic is expected to account for a major share of the global market during the forecast period owing to its low cost and high durability. Silicone cuvettes are also gaining popularity due their inertness towards most solvents and chemicals used in laboratories. Based on application, consumer electronics accounted for a major share of the global multi-cuvette spectrophotometer market in 2017 owing to rising demand for smartphones with better camera quality across different regions worldwide. The automotive industry is also anticipated to witness significant growth during the forecast period as automakers are increasingly adopting advanced technologies such as 3D printing and autonomous driving systems in their vehicles.
Product Definition:
A multi-cuvette spectrophotometer is a laboratory instrument used to measure the absorbance of light at different wavelengths. The instrument can be used to quantify the concentration of a particular substance in a sample by comparing the absorbance of that substance at different wavelengths. The importance of multi-cuvette spectrophotometers is that they provide accurate measurements for samples with low concentrations, which is important in many analytical applications.
Acrylic:
Acrylic is a type of polymer, which is extensively used in the manufacturing of multi-cuvettes spectrophotometer. The growth factor for acrylics in the market includes its extensive use as an optoelectronic material and also as a monomer for polymerization to produce polymers such as polyacrylic acid, polyamides (PA), and others.
Epoxy:
Epoxy resins are synthetic thermosetting polymers with high resistance to solvents, acids and bases. They are widely used in the production of multi-cuvettes spectrophotometer owing to their excellent dimensional stability under thermal and chemical stress.
The epoxy resin is mixed along with other materials which help in increasing its hardness, strength, heat resistance as well as providing it with a clear appearance.
Application Insights:
The consumer electronics segment held the largest market share of over 30% in 2017. The growing use of multi-cuvettes spectrophotometer for testing and measurement in various applications such as electronic components, consumer goods, food & beverages and textiles is expected to drive the demand for these devices over the forecast period.
The medical application segment is anticipated to witness a CAGR of XX% from 2018 to 2030 owing to its increasing usage in clinical trials and quality assessment procedures across various industries such as pharmaceuticals, biotechnology and cosmetics among others.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of key players and increased adoption of spectrophotometers for research purposes. The region is expected to maintain its dominance over the forecast period due to increasing R&D activities and technological advancements. Europe accounted for a significant share in terms of revenue, as several multinational companies are present in this region with their production plants across major countries such as Germany, France, Italy, UK and Russia.
Asia Pacific is anticipated to grow at an exponential CAGR during the forecast period owing to rapid industrialization coupled with growing demand from end-use industries such as automotive & transportation; aerospace & defense; consumer electronics; medical devices among others. In addition, favorable government policies aimed at promoting investments through FDI are also expected favorably impact regional growth over the next eight years (2018 - 2030). For instance.
Growth Factors:
- Increasing demand for multi-cuvette spectrophotometers in the pharmaceutical and biotechnology industries for drug discovery and development processes.
- Growing demand from academic research institutes and hospitals for use in medical diagnostics, cancer research, and genomics studies.
- Advances in optical technology that have led to the development of more compact and user-friendly multi-cuvette spectrophotometers.
- The increasing use of miniaturized analytical systems in laboratories that require smaller sample sizes for testing purposes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-Cuvettes Spectrophotometer Market Research Report
By Type
Acrylic, Epoxy, Urethane, Silicone, Parylene, Others
By Application
Consumer Electronics, Automotive, Medical, Aerospace & DefenseSource, Others
By Companies
Chase Corporation, Henkel, Dow, Dymax Corporation, Solvay, Electrolube, H.B. Fuller, Hernon, Kisco, Chemtronics, Europlasma NV, Elantas, MG Chemicals, ACC Silicones, CSL Silicones
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Multi-Cuvettes Spectrophotometer Market Report Segments:
The global Multi-Cuvettes Spectrophotometer market is segmented on the basis of:
Types
Acrylic, Epoxy, Urethane, Silicone, Parylene, Others
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
Consumer Electronics, Automotive, Medical, Aerospace & DefenseSource, 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:
- Chase Corporation
- Henkel
- Dow
- Dymax Corporation
- Solvay
- Electrolube
- H.B. Fuller
- Hernon
- Kisco
- Chemtronics
- Europlasma NV
- Elantas
- MG Chemicals
- ACC Silicones
- CSL Silicones
Highlights of The Multi-Cuvettes Spectrophotometer 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:
- Acrylic
- Epoxy
- Urethane
- Silicone
- Parylene
- Others
- By Application:
- Consumer Electronics
- Automotive
- Medical
- Aerospace & DefenseSource
- 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 Multi-Cuvettes Spectrophotometer 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.
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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 multi-cuvettes spectrophotometer is a type of instrument that measures the light intensity of an object by splitting the light into many small parts and measuring how much each part shines. This information can then be used to calculate the object's color.
Some of the major players in the multi-cuvettes spectrophotometer market are Chase Corporation, Henkel, Dow, Dymax Corporation, Solvay, Electrolube, H.B. Fuller, Hernon, Kisco, Chemtronics, Europlasma NV, Elantas, MG Chemicals, ACC Silicones, CSL Silicones.
The multi-cuvettes spectrophotometer 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 Multi-Cuvettes Spectrophotometer 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 Multi-Cuvettes Spectrophotometer Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Multi-Cuvettes Spectrophotometer 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 Multi-Cuvettes Spectrophotometer 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 Multi-Cuvettes Spectrophotometer Market Size & Forecast, 2020-2028 4.5.1 Multi-Cuvettes Spectrophotometer Market Size and Y-o-Y Growth 4.5.2 Multi-Cuvettes Spectrophotometer Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Acrylic
5.2.2 Epoxy
5.2.3 Urethane
5.2.4 Silicone
5.2.5 Parylene
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Automotive
6.2.3 Medical
6.2.4 Aerospace & DefenseSource
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multi-Cuvettes Spectrophotometer 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 Multi-Cuvettes Spectrophotometer 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Acrylic
9.6.2 Epoxy
9.6.3 Urethane
9.6.4 Silicone
9.6.5 Parylene
9.6.6 Others
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 Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Automotive
9.10.3 Medical
9.10.4 Aerospace & DefenseSource
9.10.5 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Acrylic
10.6.2 Epoxy
10.6.3 Urethane
10.6.4 Silicone
10.6.5 Parylene
10.6.6 Others
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 Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Automotive
10.10.3 Medical
10.10.4 Aerospace & DefenseSource
10.10.5 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Acrylic
11.6.2 Epoxy
11.6.3 Urethane
11.6.4 Silicone
11.6.5 Parylene
11.6.6 Others
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 Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Automotive
11.10.3 Medical
11.10.4 Aerospace & DefenseSource
11.10.5 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Acrylic
12.6.2 Epoxy
12.6.3 Urethane
12.6.4 Silicone
12.6.5 Parylene
12.6.6 Others
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 Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Automotive
12.10.3 Medical
12.10.4 Aerospace & DefenseSource
12.10.5 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Acrylic
13.6.2 Epoxy
13.6.3 Urethane
13.6.4 Silicone
13.6.5 Parylene
13.6.6 Others
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) Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Automotive
13.10.3 Medical
13.10.4 Aerospace & DefenseSource
13.10.5 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 Multi-Cuvettes Spectrophotometer Market: Competitive Dashboard
14.2 Global Multi-Cuvettes Spectrophotometer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chase Corporation
14.3.2 Henkel
14.3.3 Dow
14.3.4 Dymax Corporation
14.3.5 Solvay
14.3.6 Electrolube
14.3.7 H.B. Fuller
14.3.8 Hernon
14.3.9 Kisco
14.3.10 Chemtronics
14.3.11 Europlasma NV
14.3.12 Elantas
14.3.13 MG Chemicals
14.3.14 ACC Silicones
14.3.15 CSL Silicones