MarketsandMarkets Presents Elemental Analysis Market worth $6.213 Billion by

The report “Elemental Analysis Market by Type (Organic, Inorganic), by Technology (Destructive (ICP-AES, ICP-MS), Nondestructive (XRD, OES), by Application (Life Sciences, Food and Beverage Testing, Environment Testing) - Analysis & Global Forecasts to 2020” analyzes and studies the major market drivers, restraints/challenges, and opportunitiesElemental Analysis Market Browse 83 market tables and 39 figures spread through 186 pages and an in-depth TOC on “Elemental Analysis Market by Type (Organic, Inorganic), by Technology (Destructive (ICP-AES, ICP-MS), Nondestructive (XRD, OES), by Application (Life Sciences, Food and Beverage Testing, Environment Testing) - Analysis & Global Forecasts to 2020”

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This report studies the global elemental analysis market for the forecast period of 2015 to This market is expected to reach $6.213 Billion by 2020 from $4.584 Billion in 2015, at a CAGR of 6.3%. The global elemental analysis market is segmented on the basis of types, technologies, applications, and regions. Based on technologies, the elemental analysis market is categorized into destructive technologies and nondestructive technologies. In 2015, the nondestructive technologies segment is estimated to account for the larger share of the elemental analysis market. On the basis of types, this market is segmented into organic elemental analysis and inorganic elemental analysis. In 2015, the inorganic elemental analysis segment is expected to account for the larger share of the elemental analysis market.

Based on applications, the market is segmented into life sciences, food and beverage testing, environment testing, geology, and others. In 2015, the environment testing segment is estimated to account for the largest share of the elemental analysis market. On the basis of regions, the global market is divided into North America, Europe, Asia, and the Rest of the World (RoW). The Rest of the World comprises Latin America, Pacific countries, and Middle East and Africa. In 2015, North America is poised to account for the largest share of the elemental analysis market, followed by Europe and Asia. However, the Asian market is slated to grow at the highest CAGR during the forecast period and serve as a revenue pocket for companies offering elemental analysis equipment.

Over the years, the elemental analysis market has witnessed various technological advancements to meet the needs of biotechnology and biopharmaceutical companies; food and beverage, chemical, semiconductor industries; and environmental testing. These advancements have led to the development of Inductively Coupled Plasma Spectrometry (ICP), Inductively Coupled Plasma Mass Spectrometry (ICP-MS), and Atomic Absorption Spectrometry (AAS). These technologies result in efficient quantitative and qualitative analysis of various organic and inorganic elements.

Elemental analysis helps in quantitative and qualitative identification of various elements in different application areas such as life sciences, food and beverage testing, environment testing, geology, cosmetics testing, and petroleum. The technologies used for elemental analysis depend on the sample to be analyzed. The technologies predominantly used for elemental analysis are Inductively Coupled Plasma Spectrometry, Inductively Coupled Plasma-Mass Spectrometry (ICP-MS), Inductively Coupled Plasma-Optical Emission Spectrometry (ICP-OES), X-ray Diffraction (XRD), and X-ray Fluorescence (XRF). Both organic and inorganic elements can be identified using these technologies. The global market is segmented on the basis of types, technologies, and applications. By type, the market is categorized into organic elemental analysis and inorganic elemental analysis. In 2015, the inorganic elemental analysis segment is estimated to account for the larger share of the market. This segment is expected to grow at the higher rate during the forecast period.

On the basis of technology, the market is divided into destructive and nondestructive technologies. In 2015, the nondestructive technologies segment is likely to account for the larger share of the market. However, the destructive technologies segment is expected to grow at the higher rate from 2015 to The market, by application, is segmented into life sciences, food and beverage testing, environment testing, geology, and other application areas. In 2015, the environment testing segment is poised to account for the largest share of the market. However, the life sciences segment is expected to grow at the fastest rate during the forecast period.

The key factors that are expected to spur the growth of this market are the increasing use of X-ray fluorescence in medical research, growing food safety concerns, and increasing life science R&D spending. Moreover, emerging nations of India and China, increasing demand from applied markets, and requirement to comply with the revised chapter 231 of the U.S. Pharmacopeia are likely to create opportunities for elemental analyzers. However, high cost of elemental analysis equipment is likely to pose as a restraint for the growth of this market. Need for highly skilled professionals acts as a challenge in the global market. On the basis of regions, this market is categorized into North America, Europe, Asia, and Rest of the World (RoW).

Global Elemental Analysis Market Size, by Region,

Source: The United States Pharmacopeia (USP), Centers for Disease Control and Prevention (CDC), the Food Safety Authority of Ireland (FSAI), World Health Organization (WHO), USDA Foreign Agricultural Service (FAS), Chamber of Mines of South Africa (COMSA), World Bank, National University of Singapore (NUS), the Solid State and Elemental Analysis Unit (SSEAU), ASTM International, US Environmental Protection Agency (US EPA), Expert Interviews, and MarketsandMarkets Analysis Note: The size of the bubble chart depicts the market size ($billion) in The elemental analysis market is expected to reach $6.213 Billion in 2020 from $4.584 Billion in 2015, growing at a CAGR of 6.3%. The market is expected to be dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). Asia is expected to grow at the highest rate during the forecast period. Some of the major players in the global market include Agilent Technologies, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), PerkinElmer, Inc. (U.S.), AMETEK, Inc. (U.S.), Bruker Corporation (U.S.), HORIBA, Ltd. (Japan), Shimadzu Corporation (Japan), Rigaku Corporation (Japan), Analytik Jena AG (Germany), and Elementar Group (Germany).

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