The Latin America, Middle East and Africa Moisture Analyzer Market would witness market growth of 6.5% CAGR during the forecast period (2021-2027).
Companies aiming to produce high-quality injected moulded items understand that the moisture level of their resin feeds is crucial to product quality. Moisture analyzers are simple to operate since they have huge LED screens, which depict reading clearly. Operators, on the other hand, must be knowledgeable with and follow the exact methods required to acquire correct readings for the materials being examined.
Factors such as increased demand for moisture analyzers in the healthcare industry, increased knowledge about industrial products’ protection and maintenance, and high demand from the food and beverage sector are projected to propel the market forward in the future. In addition, the spike in demand for in-line moisture analyzers in the automation industry is likely to open lucrative opportunities to the key players of the market.
With the constantly expanding petroleum and chemical industries, the demand for various equipment has surged in this region in the last few years. A huge amount of export of crude oil and other petroleum products has been witnessed in the Middle East region, which is creating more demand for moisture analyzers in this region since they are widely used in the petroleum industry.
The Brazil market dominated the LAMEA Moisture Analyzer Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $29.9 million by 2027. The Argentina market would showcase a CAGR of 7.1% during (2021 - 2027). Additionally, The UAE market is poised to grow a CAGR of 6.2% during (2021 - 2027).
Based on End User, the market is segmented into Food & Beverage, Wood, Paper & Pulp, Petroleum & Chemical, Semiconductor, Pharmaceuticals and Others. Based on Type, the market is segmented into Desktop-Mounted, Handheld and In-line. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Moisture Analyzer Market is Predict to reach $1.9 Billion by 2027, at a CAGR of 3.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PCE Instruments, Michell Instruments Ltd., Ametek, Inc., Thermo Fisher Scientific, Inc., Sartorius AG, Mitsubishi Chemical Holdings Corporation, Shimadzu Corporation, General Electric (GE) Co., Mettler-Toledo International, Inc. , and A&D Company, Limited.
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