Viscometer Market Overview:
The global Viscometer Market size is estimated to grow at a CAGR of 4.5% during the forecast period 2018-2023. APAC is the fastest growing market with a CAGR of 6.1% which is mainly attributed to the growing demand from manufacturing industries. North America and Europe viscometer markets are estimated to grow at a CAGR of 4% and 2.7% respectively.
Viscometer Market Outlook:
Viscometers are the instruments or devices that are used to measure the viscosity of a fluid. However, Viscometers measure the viscosity of fluids which are under one flow condition only. According to Industry ARC findings, rheometers (a type of viscometer) will hold the largest market share during the forecast period. Rheometers are used in many applications such as petrochemical refineries, cosmetics, chemical industries, research laboratories, food and beverage industries, chemical industries and others.
Viscometer Market Growth Drivers:
Refinery plants are rapidly adopting automation into the plants to ensure maximum safety and security of equipment, personnel, and plant environment. This leads to higher demand for in-line viscometers in this industry. High usage of viscometers in chemical, petroleum, oil and gas industries are some of the driving factors for the growth of the market.
Viscometer Market Challenges:
There are a large variety of viscometers available in the market and are chosen based on the application. However, every viscometer has a limitation in their design and functionality. Moreover, the use of viscometer requires more technical knowledge than some of the similar devices such as consistometer. In addition to this, the cost of viscometer being extremely high always provides the end-users an option to adopt other alternatives products. Moreover, the accuracy of a viscometer is dependent upon proper selection, the engineering of the instrument, and precise temperature control. Negligence in any of these factors could result in inaccuracy in the measurement.
Viscometer Market Research Scope:
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Viscometer market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of viscometers market, and their specific applications in different industries.
Viscometer Market Report: Industry Coverage
Viscometer by Sensor Type: Rotational, Torsional Oscillation, Vibration, Falling Piston, Falling Ball, Orifice, Capillary, Rheometer, and Others
End Users of Viscometers: Petroleum (Oil and Gas), Chemical, Pharmaceutical, Food and Beverage, and Others
The Viscometer market report also analyzes the major geographic regions for the market as well as the major countries. The regions and countries covered in this study include:
- North America: The U.S., Canada, Mexico
- Europe: The U.K., Germany, Italy, France, Spain, Russia, and Rest of Europe
- Asia-Pacific (APAC): China, Japan, India, South Korea, and Rest of APAC
- Rest of World (RoW): South America, Middle East, and Africa
Viscometer Market Key Players Perspective:
In 2018, Anton Paar GmbH, which has its headquarters at Austria had launched new rotational viscometer ViscoQCTM 100 which is available in three versions and has unique function in chic design and is ideal for pharmaceutical applications. Some of the other key players mentioned in this report are AMETEK Inc (Brookfield), Thermo Fisher Scientific Inc, Spectris (Malvern), Waters Corporation, Cannon Instrument Company and among others.
Viscometer Market Trends:
Increase in usage of viscometers in chemical, oil and gas industries increases the demand of the viscometers market. In 2019, India got an approval of Rs225.94 billion ($3.17 billion) investment for the expansion of the Numaligarh refinery in Assam to meet rising fuel demand. Increase in investments in industries set to propel the viscometer market growth in the near future.
As per Oil & Gas Journal, the investments in the U.S. for upstream projects of oil and gas industries has been increased by 9% in the last year. These type of investments are expected to increase adoption of different types of viscometer as they are widely used in oil and gas industries, thereby increasing the demand of the market.
Increase in technological advancements, expansion of material manufacturing and petrochemical industries, and growing stringency of the regulatory framework for product safety compliance in cosmeceutical, biotechnology, and pharmaceutical industries are expected to increase the demand of the viscometers market globally.
Key Questions Addressed in the Viscometer Market Report
1. Is the market for viscometer growing? How long will it continue to grow and at what rate?
2. Which type of viscometer presents the major growth opportunities?
3. Is there a possibility for change in the market structure over time?
4. Are additional developments needed for the existing product or services offerings or do the existing products meet the customer demands?
5. Do the key vendors look for partnerships to expand their businesses with respect to geography or product?
6. What is the current status of viscometers in different countries?
7. Which are the major relevant product segments within viscometers?
8. Which type of viscometer will witness heavy adoption of plastics in the near future?
9. What are the short-term, long-term, and medium-term growth drivers for the market?
10. What are the short-term, medium-term, and long-term challenges for the market?
11. What are the short-term, medium-term, and long-term opportunities for the market
12. Who are the top players/companies of the market?
13. What are the recent innovations in the market?
14. How many patents have been filed by the leading players?
15. What are the types of patents filed by the leading players?
16. What is the futuristic scenario for the adoption of viscometers market?
17. What is our Vision 2030 for Viscometer Market?
A few focus points of this Research are given below:
Give a deep-dive analysis of the key operational strategies with focus on the corporate structure, R&D strategies, localization strategies, production capabilities, and sales performance of various companies
Provide an overview of the product portfolio, including product planning, development, and positioning
Discuss the role of technology companies in partnerships
Explore the regional sales activities
Analyze the market size and giving the forecast for current and future global viscometer during the forecast 2018–2023
Analyze the competitive factors, competitors’ market shares, product capabilities, and supply chain structures
IndustryARC Research Best Practices
The Viscometer Market size is evaluated based on the number of products per organization type along with the varying price points pertaining to specific applications. These were identified as key informational conjectures for market estimation in 2017/2018.
The Viscometer Market share is thoroughly checked against all data points that have been incorporated and rechecked against various data sources. Various C-level executives and key opinion leaders are contacted for verification of the data.
The Viscometer market forecast and growth rate are achieved by applying the time series forecasting methodology on the various factors. The market forecast and growth rate are further backed with historical trends of the market along with a regressive mathematical model that assesses the value based on factors such as capital expenditure, equipment lifespan, R&D investments, and so on.
The Viscometer market demand has been researched taking into account the prominent economies across the different geographic regions to understand their corresponding impact on the market.
The Viscometer market drivers are evaluated for short-term, medium-term, and long-term based on the different market dynamics impacting the market.
The Viscometer market challenges are evaluated for short-term, medium-term, and long-term based on the different market dynamics impacting the market.
The Viscometer market trends have been analyzed taking into consideration the micro and macro trends prevalent in various geographies.
The Viscometer market outlook provides a brief overview of the market performance and anticipated change in market dynamics.
The Viscometer market analysis also involves the identification of new companies that have entered the market scenario and their impact on the market dynamics in the future.
1. Viscometer Market – Overview
1.1. Definitions and Scope
2. Viscometer Market – Executive Summary
2.1. Market Revenue, Market Size and Key Trends by the Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Viscometer Market
3.1. Comparative Analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis
4. Viscometer Market – Startup companies Scenario Premium
4.1. Top 10 startup company Analysis by
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. Viscometer Market – Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
5.4. Customer Analysis – Top 10 companies
6. Viscometer Market Forces
6.4. Porters five force model
6.4.1. Bargaining power of suppliers
6.4.2. Bargaining powers of customers
6.4.3. Threat of new entrants
6.4.4. Rivalry among existing players
6.4.5. Threat of substitutes
7. Viscometer Market – Strategic analysis
7.1. Value chain analysis
7.2. Opportunities analysis
7.3. Product life cycle
7.4. Suppliers and distributors Market Share
8. Viscometer Market – By Sensor Type (Market Size -$Million / $Billion)
8.1. Market Size and Market Share Analysis
8.2. Product Revenue and Trend Research
8.3. Product Segment Analysis
8.3.2. Torsional Oscillation
8.3.5. Falling Piston
8.3.7. Falling Ball
9. Viscometer Market – By End Users (Market Size -$Million / $Billion)
9.1. Segment type Size and Market Share Analysis
9.2. Application Revenue and Trends by Type of Application
9.3. Application Segment Analysis by Type of Application
9.3.1. Petroleum (Oil & Gas)
9.3.4. Food and Beverage
10. Viscometer Market – By Geography (Market Size -$Million / $Billion)
10.1. Viscometer Market – Americas Segment Research
10.2. Americas Market Research ($Million / $Billion)
10.2.1. Segment type Size and Market Size Analysis
10.2.2. Revenue and Trends
10.2.3. Application Revenue and Trends by Type of Application
10.2.4. Company Revenue and Product Analysis
10.2.5. Americas Segment - Product Type and Application Market Size
10.3. Viscometer Market – Europe Segment Research
10.4. Europe Market Research (Market Size -$Million / $Billion)
10.4.1. Segment type Size and Market Size Analysis
10.4.2. Revenue and Trends
10.4.3. Application Revenue and Trends by Type of Application
10.4.4. Company Revenue and Product Analysis
10.4.5. Europe Segment - Product Type and Application Market Size
10.4.5.7. Rest of Europe
10.5. Viscometer Market – APAC Segment Research
10.6. APAC Market Research (Market Size -$Million / $Billion)
10.6.1. Segment type Size and Market Size Analysis
10.6.2. Revenue and Trends
10.6.3. Application Revenue and Trends by type of Application
10.6.4. Company Revenue and Product Analysis
10.6.5. APAC Segment - Product type and Application Market Size
10.6.5.4. South Korea
10.6.5.5. Rest of APAC
10.7. Viscometer Market – Rest of World (RoW) Segment Research
10.8. RoW Market Research (Market Size -$Million / $Billion)
10.8.1. Segment type Size and Market Size Analysis
10.8.2. Revenue and Trends
10.8.3. Application Revenue and Trends by type of Application
10.8.4. Company Revenue and Product Analysis
10.8.5. RoW Segment - Product type and Application Market Size
10.8.5.1. South America
10.8.5.2. Middle East
11. Viscometer Market – Entropy
11.1. New product launches
11.2. M&A's, collaborations, JVs and partnerships
12. Viscometer Market – Industry / Segment Competition landscape Premium
12.1. Market Share Analysis
12.1.1. Market Share by Country- Top companies
12.1.2. Market Share by Region- Top 10 companies
12.1.3. Market Share by type of Application – Top 10 companies
12.1.4. Market Share by type of Product / Product category- Top 10 companies
12.1.5. Market Share at global level- Top 10 companies
12.1.6. Best Practices for companies
13. Viscometer Market – Key Company List by Country Premium
14. Viscometer Market – Company Analysis
14.1. Market Share, Company Revenue, Products, M&A, Developments
14.2. AMETEK Inc (Brookfield)
14.3. Thermo Fisher Scientific Inc
14.4. Spectris (Malvern)
14.5. Waters Corporation
14.6. Cannon Instrument Company
14.7. Company 6
14.8. Company 7
14.9. Company 8
14.10. Company 9
14.11. Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"
15. Viscometer Market – Appendix
16. Viscometer Market – Methodology
16.1. Research Methodology
16.1.1. Company Expert Interviews
16.1.2. Industry Databases
16.1.4. Company News
16.1.5. Company Annual Reports
16.1.6. Application Trends
16.1.7. New Products and Product database
16.1.8. Company Transcripts
16.1.9. R&D Trends
16.1.10. Key Opinion Leaders Interviews
16.1.11. Supply and Demand Trends
List of Tables
Table 1 Viscometer Market Product Benchmarking
Table 2 Functional limitation of viscometers
List of Figures
Figure 1 Global Viscometers Market Value($m) 2019-2024
Figure 2 END USE/SEGMENTATION TYPE – MARKET DATA
Figure 3 % change in Brent crude oil price 2014–2018
Figure 4 GEOGRAPHY – MARKET DATA
Figure 5 Viscometer Market Share, By Key Players, 2018 (%)
Figure 6 Viscometer Market - Patent Analysis, 2014–2019*
Figure 7 Viscometer Published Patents Share, By Countries, 2014–2019* (%)
Figure 8 Thermo Fisher Scientific Inc
Figure 9 Spectris (Malvern Panalytical Ltd)
Figure 10 Emerson Electric Co
Figure 11 AMETEK.Inc (Brookfield)
Figure 12 Earnings Per Share (EPS) – Viscometer, By Company
Figure 13 % change in Brent crude oil price 2014 – 2018
Figure 14 Viscometers Market Value Chain with Push & Pull Components
Figure 15 Key highlights of robotic viscometers
Figure 16 Global predictive maintenance market ($M)
Figure 17 Wastewater Treatment by sub-regions in Asia (%)
Figure 18 Funding for US Projects in Oil and Gas ($bn)
Figure 19 Variation of Viscosity as a function of Temperature before and after heating
Figure 20 Number of Firms investing in Pharmaceuticals in China
Figure 21 Global Outreach of Mexico’s Major F&B Companies
Figure 22 Viscometer Market CAGR, By APAC, 2018–2023 (%)
Figure 23 South Korea total primary energy consumption by fuel type, 2018
Figure 24 Total Energy Consumption in India,2018
Figure 25 Viscometer Market CAGR, By Europe, 2019-2024 (%)
Figure 26 Contribution of 5 largest division to total UK manufactures’ product sales 2018
Figure 27 Chemical Production in Europe, By Country, 2018 (%)
Figure 28 Swiss Export(Chemical and related products)
Figure 29 South America Viscometer Market CAGR, By Country, 2018–2023 (%)