Published by top news
Posted on August 23, 2021
The global trace moisture generator market was valued at US$ 19.9 million in 2020 and is anticipated to add value worth US$ 6.2 million during the forecast period. The impact of COVID-19 will leave a residual impact, with growth projected at an abysmal 2.7% through 2030. This is largely attributed to latency in end use industries amid stringent lockdowns in many countries. Trade suspensions to prevent the spread of COVID-19 have drastically impacted the market, resulting in a sharp dip in overall revenue. The global sales of trace moisture generator are projected to create an absolute $ opportunity of more than US$ 6 million, to be valued at US$ 26 million by the end of forecast period (2020 – 2030).
Plunging demand in microelectronics, petrochemical & chemical industries pose a serious threat of momentum loss in the trace moisture generator market. However, on the contrary, upsurge in the demand for medical gases amid COVID-19 pandemic is expected to create significant opportunities in the market, as it is mandatory to manufacture medical gases with minimum level of moisture as per international standards. On the back of this trend, the trace moisture generator market is poised to expand by 1.3X during the forecast period (2020 – 2030).
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“The global trace moisture generator market will create significant opportunities during the forecast period. However, the outbreak of COVID-19 will hinder adoption of trace moisture generators in the short-run, attributed to crunches in production cycles and supply chains,” concludes the Fact.MR analyst.
Fact.MR’s study on the trace moisture generator market offers information divided into three key segments-product, end Use and region. This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.
For critical insights on this market, request for methodology here-
https://www.factmr.com/connectus/sample?flag=RM&rep_id=4502
Speak To Research Analyst For Detailed Insights:
https://www.factmr.com/connectus/sample?flag=AE&rep_id=4502
The demand for trace moisture generators that can generate moisture up to levels as low as 14 nmol/mol (ppb) has grown significantly, owing to its wide range of applications. Manufacturers have strengthened their research & development base in order to deliver solutions in keeping with the requirements of their customers. For instance, market leader Kin-Tek Analytical Inc. introduced a portable trace moisture generator (Span Pac H2O System) which can generate moisture levels as low as 10 parts per billion. At the same time, InstruQuest Inc. develops a trace moisture generator (HumiSys LDP) which can operate at a temperature dew point as low as -90 degrees C.
Fact.MR, in its new offering, presents an unbiased analysis of the global trace moisture generator market, presenting historical demand data (2015-2019) and forecast statistics for the period of 2020-2030. The study divulges essential insights on trace moisture generator market on the basis of product (portable, and Stationary), and end use sectors (microelectronics, petrochemicals plants, pharma & medical gas, chemical industry, R&D labs, and others) across six major regions.
For More Insights:
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The global trace moisture generator market was valued at US$ 19.9 million in 2020 and is anticipated to add value worth US$ 6.2 million during the forecast period. The impact of COVID-19 will leave a residual impact, with growth projected at an abysmal 2.7% through 2030. This is largely attributed to latency in end use industries amid stringent lockdowns in many countries. Trade suspensions to prevent the spread of COVID-19 have drastically impacted the market, resulting in a sharp dip in overall revenue. The global sales of trace moisture generator are projected to create an absolute $ opportunity of more than US$ 6 million, to be valued at US$ 26 million by the end of forecast period (2020 – 2030).
Plunging demand in microelectronics, petrochemical & chemical industries pose a serious threat of momentum loss in the trace moisture generator market. However, on the contrary, upsurge in the demand for medical gases amid COVID-19 pandemic is expected to create significant opportunities in the market, as it is mandatory to manufacture medical gases with minimum level of moisture as per international standards. On the back of this trend, the trace moisture generator market is poised to expand by 1.3X during the forecast period (2020 – 2030).
To remain ‘ahead’ of your competitors, request a sample
https://www.factmr.com/connectus/sample?flag=S&rep_id=4502
“The global trace moisture generator market will create significant opportunities during the forecast period. However, the outbreak of COVID-19 will hinder adoption of trace moisture generators in the short-run, attributed to crunches in production cycles and supply chains,” concludes the Fact.MR analyst.
Fact.MR’s study on the trace moisture generator market offers information divided into three key segments-product, end Use and region. This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.
For critical insights on this market, request for methodology here-
https://www.factmr.com/connectus/sample?flag=RM&rep_id=4502
Speak To Research Analyst For Detailed Insights:
https://www.factmr.com/connectus/sample?flag=AE&rep_id=4502
The demand for trace moisture generators that can generate moisture up to levels as low as 14 nmol/mol (ppb) has grown significantly, owing to its wide range of applications. Manufacturers have strengthened their research & development base in order to deliver solutions in keeping with the requirements of their customers. For instance, market leader Kin-Tek Analytical Inc. introduced a portable trace moisture generator (Span Pac H2O System) which can generate moisture levels as low as 10 parts per billion. At the same time, InstruQuest Inc. develops a trace moisture generator (HumiSys LDP) which can operate at a temperature dew point as low as -90 degrees C.
Fact.MR, in its new offering, presents an unbiased analysis of the global trace moisture generator market, presenting historical demand data (2015-2019) and forecast statistics for the period of 2020-2030. The study divulges essential insights on trace moisture generator market on the basis of product (portable, and Stationary), and end use sectors (microelectronics, petrochemicals plants, pharma & medical gas, chemical industry, R&D labs, and others) across six major regions.
For More Insights:
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
