Market Overview:
The global magnetic stir bar and rods market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for magnetic stir bars and rods in various end-use industries, such as chemical industrial, education & research, pharmaceutical industrial, and other applications. In terms of type, the small segment is expected to dominate the global magnetic stir bar and rods market during the forecast period owing to its low cost and easy availability. However, with technological advancements in this field, medium-sized magnetic stir bars are also gaining popularity among consumers due to their high performance levels.
Product Definition:
Magnetic Stir Barr and Rods are used to mix solutions by using a magnetic field. This is important because it can help to speed up the reaction process, and it also helps to ensure that the solution is mixed evenly.
Small:
Small is a magnetic stir bar and rods used in the semiconductor industry for rapid heating and cooling of materials during solidification or processing. It helps control temperature, speed, and uniformity during chemical reactions. The small segment growth factors are increasing demand from various end-use industries such as automotive & aerospace, electronics manufacturing among others which are propelling the market growth.
Medium:
Medium is used in magnetic stir bars and rods to provide a stable platform for chemical reactions. It also helps in cooling the magnet during the process of reaction. The most commonly used medium is sand which provides enough surface area for maximum contact between reactants and catalyst, however; it can be replaced by any other solid material that has similar properties such as aluminum block or plastic block.
Application Insights:
The chemical industrial application segment accounted for the largest share of over 30.0% in 2017. The growth can be attributed to the increasing demand for magnetic stir bars and rods from various industries, such as pharmaceutical, food and beverage, cosmetics, and others. In addition, a growing number of R&D activities at educational institutions has fueled product demand in this segment over the forecast period.
The education & research application segment is expected to witness significant growth during the forecast period owing to increased government funding support for science & technology related programs at universities across countries worldwide including U.S.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, owing to the presence of a large number of chemical and pharmaceutical industries. In addition, increasing R&D activities by various organizations are anticipated to fuel the demand for magnetic stir bars and rods in North America over the forecast period.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to rapid developments witnessed by various pharmaceutical companies operating within this region. In addition, countries such as China and India are witnessing significant growth in their chemical manufacturing industries due to which stir bar demand has also increased significantly within Asia Pacific region over past few years.
Growth Factors:
- Increasing demand from pharmaceutical and biotechnology industries for Magnetic Stir Barr and Rods for efficient mixing of various solutions.
- Rising research funding for life science sector, which is expected to drive the use of Magnetic Stir Barr and Rods in drug discovery, development, and production processes.
- Growing popularity of magnetic stirrers as an alternative to traditional mixers in laboratories, owing to their compact size, low power consumption, and ease of use.
- Proliferation of contract research organizations (CROs) that are increasingly using Magnetic Stir Barr and Rods for drug discovery studies outsourced by pharmaceutical companies.
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnetic Stir Barr and Rods Market Research Report
By Type
Small, Medium, Large
By Application
Chemical Industrial, Education & Research, Pharmaceutical Industrial, Other Applications
By Companies
Fisher Scientific, Cowie, Bel-Art Scienceware Products, Dynalon, Corning, Glas-Col, IKA Works, Inc., Kimble Chase LLC, Wheaton Science Products, SaniSure
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Magnetic Stir Barr and Rods Market Report Segments:
The global Magnetic Stir Barr and Rods market is segmented on the basis of:
Types
Small, Medium, Large
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 Industrial, Education & Research, Pharmaceutical Industrial, Other Applications
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:
- Fisher Scientific
- Cowie
- Bel-Art Scienceware Products
- Dynalon
- Corning
- Glas-Col
- IKA Works, Inc.
- Kimble Chase LLC
- Wheaton Science Products
- SaniSure
Highlights of The Magnetic Stir Barr and Rods 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:
- Small
- Medium
- Large
- By Application:
- Chemical Industrial
- Education & Research
- Pharmaceutical Industrial
- Other Applications
- 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 Magnetic Stir Barr and Rods 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Magnetic stir bars and rods are used in chemical laboratories to mix liquids and powders. The magnets cause the particles in the liquid or powder to move around, which helps to create a uniform mixture.
Some of the key players operating in the magnetic stir barr and rods market are Fisher Scientific, Cowie, Bel-Art Scienceware Products, Dynalon, Corning, Glas-Col, IKA Works, Inc., Kimble Chase LLC, Wheaton Science Products, SaniSure.
The magnetic stir barr and rods market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Magnetic Stir Barr and Rods Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Magnetic Stir Barr and Rods Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Magnetic Stir Barr and Rods Market - Supply Chain
4.5. Global Magnetic Stir Barr and Rods Market Forecast
4.5.1. Magnetic Stir Barr and Rods Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Magnetic Stir Barr and Rods Market Size (000 Units) and Y-o-Y Growth
4.5.3. Magnetic Stir Barr and Rods Market Absolute $ Opportunity
5. Global Magnetic Stir Barr and Rods Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Magnetic Stir Barr and Rods Market Size and Volume Forecast by Type
5.3.1. Small
5.3.2. Medium
5.3.3. Large
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Magnetic Stir Barr and Rods Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Magnetic Stir Barr and Rods Market Size and Volume Forecast by Application
6.3.1. Chemical Industrial
6.3.2. Education & Research
6.3.3. Pharmaceutical Industrial
6.3.4. Other Applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Magnetic Stir Barr and Rods Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Magnetic Stir Barr and Rods Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Magnetic Stir Barr and Rods Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Magnetic Stir Barr and Rods Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Magnetic Stir Barr and Rods Demand Share Forecast, 2019-2029
9. North America Magnetic Stir Barr and Rods Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Magnetic Stir Barr and Rods Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Magnetic Stir Barr and Rods Market Size and Volume Forecast by Application
9.4.1. Chemical Industrial
9.4.2. Education & Research
9.4.3. Pharmaceutical Industrial
9.4.4. Other Applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Magnetic Stir Barr and Rods Market Size and Volume Forecast by Type
9.7.1. Small
9.7.2. Medium
9.7.3. Large
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Magnetic Stir Barr and Rods Demand Share Forecast, 2019-2029
10. Latin America Magnetic Stir Barr and Rods Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Magnetic Stir Barr and Rods Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Magnetic Stir Barr and Rods Market Size and Volume Forecast by Application
10.4.1. Chemical Industrial
10.4.2. Education & Research
10.4.3. Pharmaceutical Industrial
10.4.4. Other Applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Magnetic Stir Barr and Rods Market Size and Volume Forecast by Type
10.7.1. Small
10.7.2. Medium
10.7.3. Large
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Magnetic Stir Barr and Rods Demand Share Forecast, 2019-2029
11. Europe Magnetic Stir Barr and Rods Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Magnetic Stir Barr and Rods Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Magnetic Stir Barr and Rods Market Size and Volume Forecast by Application
11.4.1. Chemical Industrial
11.4.2. Education & Research
11.4.3. Pharmaceutical Industrial
11.4.4. Other Applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Magnetic Stir Barr and Rods Market Size and Volume Forecast by Type
11.7.1. Small
11.7.2. Medium
11.7.. Large
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Magnetic Stir Barr and Rods Demand Share, 2019-2029
12. Asia Pacific Magnetic Stir Barr and Rods Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Magnetic Stir Barr and Rods Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Magnetic Stir Barr and Rods Market Size and Volume Forecast by Application
12.4.1. Chemical Industrial
12.4.2. Education & Research
12.4.3. Pharmaceutical Industrial
12.4.4. Other Applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Magnetic Stir Barr and Rods Market Size and Volume Forecast by Type
12.7.1. Small
12.7.2. Medium
12.7.3. Large
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Magnetic Stir Barr and Rods Demand Share, 2019-2029
13. Middle East & Africa Magnetic Stir Barr and Rods Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Magnetic Stir Barr and Rods Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Magnetic Stir Barr and Rods Market Size and Volume Forecast by Application
13.4.1. Chemical Industrial
13.4.2. Education & Research
13.4.3. Pharmaceutical Industrial
13.4.4. Other Applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Magnetic Stir Barr and Rods Market Size and Volume Forecast by Type
13.7.1. Small
13.7.2. Medium
13.7.3. Large
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Magnetic Stir Barr and Rods Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Magnetic Stir Barr and Rods Market: Market Share Analysis
14.2. Magnetic Stir Barr and Rods Distributors and Customers
14.3. Magnetic Stir Barr and Rods Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fisher Scientific
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cowie
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bel-Art Scienceware Products
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dynalon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Corning
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Glas-Col
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. IKA Works, Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kimble Chase LLC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wheaton Science Products
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SaniSure
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
