Global Water Bath Market is Exhibiting a CAGR of Around 5% during 2019-2024
by Chris jackson Market ResearchThe latest
report by IMARC Group, titled “Water Bath Market: Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2019-2024”, finds that the water bath
market size reached US$ 143.8 Million in 2018. A
water bath is a type of scientific equipment which is used for incubating
sensitive samples that cannot be ignited or kept in direct dry
heat; performing chemical reactions at high temperature; melting
substrates; and warming reagents. It consists of a heating unit, control
interface and stainless-steel chamber to hold water and the samples. Nowadays,
there are different types of water baths available in the market with either
digital or analog interface for temperature regulation. These water baths also
have additional functionality, such as the ability to maintain a uniform
temperature and to keep the samples in motion while they are being heated.
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Market
Trends:
The leading
manufacturers are introducing water baths with digital displays, low-level
water sensors, integral drains and chambers that allow full visibility of the
bath contents. These features provide ease and convenience in research and
development (R&D) activities and conducting tests and experiments. In
addition, many product development companies have designed water baths with
advanced features which, in turn, is creating a positive impact on market
growth. For instance, Thermo Fisher Scientific has launched a
microprocessor-controlled water bath that provides superior temperature
uniformity for specific applications. It also offers a seamless-stainless steel
interior chamber and epoxy-coated exterior which provides resistance against
corrosion and chemical damage. Looking forward, the market value is projected
to reach US$ 192.7 Million by 2024, exhibiting a CAGR of around 5% during
2019-2024.
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Report TOC, Figures and Tables:
https://www.imarcgroup.com/water-bath-market
Market
Segmentation:
Market
Breakup by Product Type
Based on the
product type, the report finds that circulating water bath is the most popular
product type, accounting for the majority of the global market. Some of the
other product types are non-circulating water bath and shaking water bath.
Market
Breakup by Distribution Channel
The market
has been categorized based on the distribution channel into online and offline
retail formats.
Market
Breakup by End User
On the basis
of the end user, the chemical industry represents the largest end user,
dominating the market. Some of the other end users include microbiology, food
processing and protein engineering industries.
Market
Breakup by Region
Region-wise,
North America exhibits a clear dominance in the global water bath market. Other
major regions include Asia Pacific, Europe, Middle East and Africa, and Latin
America.
Market
Breakup by Competitive Landscape
The competitive landscape of the market has also been examined with some of the key players being Thermo Fisher Scientific Inc, Grant Instruments, PolyScience, Julabo Labortechnik, Thomas Scientific, Bel-Art Products, Inc., Boekel Scientific, Edvotek Inc., LAUDA-Brinkmann, LP, Sheldon Manufacturing Inc., etc.
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Created on Aug 6th 2019 12:25. Viewed 346 times.