Global Industrial Density and Viscosity Measurement Products Market| Rising Need for Automated Devices in Process Industries to Boost Growth| Technavio | Financial Buzz

Global Industrial Density and Viscosity Measurement Products Market| Rising Need for Automated Devices in Process Industries to Boost Growth| Technavio

Technavio
analysts forecast the global industrial density and viscosity
measurement products market to grow to USD 1.74 billion by 2022,
according to their latest market research report.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180622005374/en/

Technavio has published a new market research report on the global industrial density and viscosity measurement products market from 2018-2022. (Graphic: Business Wire)

Rising adoption of digital measurement meters is one of the major trends
being witnessed in the global
industrial density and viscosity measurement products market.
Industries are replacing manual methods of measurement with digital
technology in order to determine density and viscosity related values.
Digital measurement products, such as digital density meters and digital
viscosity meters, provide accurate and reliable measurement as they do
not require manual operations to derive results. If the measurement is
done manually, each operator obtains different results for the same
sample. To avoid room for errors and to automate measurements, digital
measurement products are used to derive densities and viscosities
accurately in a short period of time.

This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing

In this report, Technavio analysts highlight the rising need for
automated devices in process industries as a key factor contributing to
the growth of the global industrial density and viscosity measurement
products market:

Global industrial density and viscosity
measurement products market: Rising need for automated devices in
process industries

Industries such as chemical, food and beverage, and pharmaceutical use
ultrasonic density measurement devices like clamp-on detectors and
density meters to ensure the proper mix of liquids. The automatic
density meters help industries like chemical to check bath consistency,
blending ratios, measurement in units, wetted materials compatibility
with aggressive chemicals, and determine the concentration in
percentages, molarity, normality, mole fraction, and parts per million.

According to a senior analyst at Technavio for engineering tools,
“Industrial density and viscosity measurement products accelerate the
production time of process industries owing to the better repeatability
of processes and reduction in human errors due to reduced manual
operations. Industries are investing in such measurement products for
larger production volumes, which, in turn, increases their
profitability. Thus, automation has become a defining factor for
companies to remain competitive in their respective industries.”

Global industrial density and viscosity
measurement products market: APAC’s dominance to go through 2022

This market research report segments the global industrial density and
viscosity measurement products market into the following end-users
(chemical and petrochemical industry, food and beverage industry, water
and wastewater industry, and pharmaceutical industry), products (density
meter and viscosity meter), and key regions (the Americas, APAC, and
EMEA). It provides an in-depth analysis of the prominent factors
influencing the market, including drivers, opportunities, trends, and
industry-specific challenges.

Of the four major end-users, the chemical and petrochemical industry
segment held the largest market share in 2017, accounting for nearly 24%
of the market. The market share of this segment is expected to increase
by 2022. This end-user will dominate the global market through 2022.

APAC dominated the global industrial density and viscosity measurement
products market in 2017, accounting for a market share of around 37%.
This region is expected to post steady growth, with the market share
increasing by nearly 1% during the forecast period.

Looking for more information on this market? Request
a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation

Geographical segmentation

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at media@technavio.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180622005374/en/