The Global Liquid Particle Counter Market Share, Trends, Analysis and Forecasts, 2020-2030 provides insights on key developments, business strategies, research & development activities, supply chain analysis, the competitive landscape, and market composition analysis.
The Global Liquid Particle Counter Market was evaluated to be US$ 345 million in 2019 and is expected to witness a CAGR of 9% through 2030. Liquid particle counter is used to detect or measure the presence of impurities in the process fluids across pharmaceutical, chemicals, oil & gas, energy & utility, and manufacturing industries. The liquid particle counters are extensively used across the pharmaceutical industry for detecting the presence of impurities in samples, increasing the production of pharmaceutical formulations, and so on. Increased investment in novel drug discovery, development of advanced pharmaceuticals in large volumes, rising number of clinical trials, and focused research & development activities in analytical equipment manufacturing is anticipated to drive the growth of the liquid particle counter market in coming years. Additionally, rising demand from particle measurement in high speed and high-pressure applications such as turbine fluids, gearbox fluids and power plants are estimated to drive the growth of the global liquid particle counter market during the forecast period.