Outlook of the global water bath market
In this market research report, the analysts at Technavio have estimated the global water bath market to grow at a steady CAGR of nearly 6% by 2020. The advent of stringent regulations in the food processing industry will aid in the growth of this market over the next four years. Apart from high-performance liquid chromatography (HPLC) systems, gas chromatographs, water activity meters, and pH meters, water baths are among the five most essential pieces of equipment that are usually present in food testing laboratories. With food regulating authorities in several countries passing strict norms to ensure the quality of food products, the demand for water baths is anticipated to witness a stark increase until the end of 2020.
Technavio’s market research analyst has estimated the Americas to be the largest market for water baths during the forecast period. The high demand for water baths from countries like Brazil, Chile, and Mexico will result in the strong growth of this market in the Americas. However, the market share for this region is also anticipated to witness a slight decline by 2017 due to the rising adoption of bead baths.
Product-based segmentation of the water bath market
- Circulating water bath
- Non-circulating water bath
- Shaking water bath
In this market research report, analysts have estimated the circulating water bath segment to account for more than 49%of the total market share by 2020. The augmented demand for circulating water baths from the microbiology, life sciences, and healthcare research segment will result in the strong growth of this market segment.
End-user segmentation of the water bath market
- Chemical
- Microbiology
- Food processing
- Protein engineering
The chemical industry segment will be the largest adopter of water baths during the forecast period. In this industry, the ability of water baths to aid in chemical, microbiology, food processing, protein engineering will result in its growing adoption during the predicted period.
Competitive landscape and key vendors
The global water bath market is primarily dominated the major players, which account for a significant share in the market. Since their market presence is strong, their support centers are spread throughout the globe. This allows the prominent vendors to cater to a larger market efficiently. Also, the market is highly competitive with all the players competing to gain a greater market share.
Key vendors in this market are -
- Grant Instruments
- Julabo
- PolyScience
- Sheldon Manufacturing
- Thermo Fisher Scientific
Other prominent vendors in this market are Benchmark Scientific, Bibby Scientific, Boekel Scientific, BUCHI, C&A Scientific, Cannon Instrument Company, Carolina Biological Supply Company, Edvotek, Heidolph, Huber, Humboldt, IKA Works, Jeio Tech, LAUDA, Memmert, Revolutionary Science, Thomas Scientific, and VWR.
Key questions answered in the report include
- What will the market size, market forecast and the growth rate be in 2020?
- What are the key factors driving the global water bath market?
- What are the key market trends impacting the growth of the global water bath market?
- What are the challenges to market growth?
- Who are the key vendors in the global water bath market?
- What are the market opportunities and threats faced by the vendors in the global water bath market?
- What are the trending factors affecting the market shares of Americas, APAC, Europe, and MEA?
- What are the key outcomes of the five forces analysis of the global water bath market?
Technavio also offers customization on reports based on specific client requirement.
Related reports
Table of Content
PART 01: Executive summary
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by product
- Market overview
- Global circulating water bath market
- Global non-circulating water bath market
- Global shaking water bath market
PART 07: Market segmentation by end user
- Market overview
- Global water bath market in chemical industry
- Global water bath market in microbiology
- Global water bath market in food processing
- Global water bath market in protein engineering
- Global water bath market in other industries
PART 08: Geographical segmentation
- Market overview
- Water bath market in the Americas
- Water bath market in APAC
- Water bath market in Europe
- Water bath market in MEA
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
- Competitive scenario
- Investment opportunity
- Other prominent vendors
PART 15: Key vendor analysis
- Grant Instruments
- Julabo
- PolyScience
- Sheldon Manufacturing
- Thermo Fisher Scientific
PART 16: Appendix
PART 17: Explore Technavio