The global tensiometer market is expected to reach USD 151 million by 2024 from an estimated value of USD 103 million in 2019, growing at a CAGR of 7.9% during the forecast period. Asia Pacific accounted for the largest share of the tensiometer market.
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The global market for tensiometer is primarily driven by the need to improve product quality and manufacturing processes, increasing pharmaceutical and biopharmaceutical R&D expenditure, and technological advancements.
Key Market Players
The key players in the global tensiometer market are KRÜSS GmbH (Germany), DataPhysics Instruments GmbH (Germany), Biolin Scientific AB (Sweden), Kyowa Interface Science Co. Ltd. (Japan), LAUDA Scientific GmbH (Germany), TECLIS Scientific (France), Apex Instruments Co. Pvt. Ltd. (India), Pro-Pack Materials (Singapore), USA KINO Industry Co. Ltd. (US), and Kibron Inc. Oy (Finland).
KRÜSS GmbH (Germany) was the leading player in the tensiometer market and accounted for the largest share. The company is a leading provider of innovative and advanced measuring instruments for surface and interfacial chemistry. The company has a robust portfolio of tensiometers for industrial quality assurance and scientific research applications. KRÜSS’s position in the market can be attributed to its strong distribution network and its subsidiaries across the globe, which enables it to serve customers in North America, Europe, and the Asia Pacific.
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DataPhysics Instruments GmbH (Germany) held the second-largest share of the global tensiometer market. Its position in the market can be attributed to its robust product portfolio and a strong network of partners across the world. To maintain its position in the market, the company focuses on expanding its product portfolio through strategies, such as product launches and expansions.
Objectives of the Study
· To define, describe, and forecast the global tensiometer market by product, industry, and region
· To provide detailed information about the factors influencing the market growth (drivers, restraints, opportunities, and challenges)
· To analyze micro markets with respect to individual growth trends, prospects, and contributions to the overall market
· To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
· To forecast the size of the tensiometer market in five regions (along with major countries)—North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa.
· To profile key players in the tensiometer market and comprehensively analyze their core competencies and market shares
· To track and analyze competitive developments such as new product/technology launches; collaborations, partnerships, and agreements; expansions; and R&D activities of the leading players in the global tensiometer market
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