Global Particle Size Analysis Market Insights Forecasts to 2033  

• The Global Particle Size Analysis Market Size was Valued at USD 440 Million in 2023
• The Market Size is Growing at a CAGR of 5.96% from 2023 to 2033
• The Worldwide Particle Size Analysis Market Size is Expected to Reach USD 785 Million by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

The Global Particle Size Analysis Market Size is anticipated to exceed USD 785 Million by 2033, growing at a CAGR of 5.96% from 2023 to 2033. The particle size analysis market is highly growing based on increasing demand in areas like pharmaceuticals, chemicals, and materials science, with advancements in technology and significant research investments driving market growth and innovation.

Market Overview

The particle size analysis (PSA) market involves the measurement and analysis of particle size distribution in materials like powders, liquids, and aerosols. It includes instruments, technologies, and services used to determine particle size, which is vital for industries such as pharmaceuticals, food and beverages, chemicals, materials science, and environmental monitoring, where particle size affects product performance and quality.  Furthermore, technological advances, in the form of high-resolution instruments and advanced software, are driving the growth of the particle size analysis market. For instance, in January 2023, ATS Scientific partnered with Microtrac MRB, as their Canadian distributor & service provider. The SYNC laser diffraction system is expected to be incorporated into the ATS Scientific Technology Centre. Leading industries, including pharmaceutical, food and beverages, chemicals, and environmental monitoring, depend on particle size analysis for quality and performance. Nanotechnology, industrial applications in mining and construction, regulatory compliance, and the shift toward automation and real-time monitoring further add to the demand in the market for accurate and efficient measurement of particle size.

Key players are developing faster, more accurate particle size measurement techniques, such as advanced laser diffraction and dynamic light scattering, enhancing real-time data collection and quality control. The demands in biomedical fields, electronics, and energy storage have increased due to the specialized instruments developed by R&D in nanotechnology to analyze nanoparticles. According to Invest India, the country is the world's largest vaccine manufacturer. With particle size analysis being critical in pharmaceutical manufacturing, the increasing pharmaceutical sales are expected to positively impact the growth of the market. Moreover, in 2023, Merck & Co. has significantly invested in research and development as the company spent more than $30 billion. That amount is more than twice what the company spent in 2022, amounting to $13.5 billion in R&D. The closest competitor, Roche Pharmaceuticals, was in 2023 as it spent around $14.7 billion on R&D. That is a little less than half of Merck's spending. Such investments are expected to boost the market's growth even further.

In June 2024, Advantest Corporation launched the WEL2100, a new nanoscale particle analyzer and the latest addition to the nanoSCOUTER family. The new product can be customized to measure particles, which includes lipid nanoparticles for drug delivery, viruses, and exosomes. It can swiftly and accurately measure each particle's quantity, particle size, and zeta potential to cater to pharmaceutical and biotechnology R&D demands.

Opportunities and Trends in the Global Particle Size Analysis Market:

Global opportunities for particle size analysis market exist, namely, increased demand by rising sectors like nanotechnology, biomedicine, and environmental monitoring. Automated and real-time monitoring systems and developments in laser diffraction and light scattering are examples of the growth drivers while increasing regulatory needs within pharma and food and the like drive further demand into the market and inspire more innovation.

Report Coverage

This research report categorizes the global particle size analysis market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global particle size analysis market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global particle size analysis market.   

Driving Factors

The growing need for precise quality control in pharmaceuticals, chemicals, and food is driving the particle size analysis market. Technological developments such as faster, more accurate measurement techniques and real-time monitoring also drive demand. The increasing demand for nanotechnology, stringent regulatory standards, and growing industrial automation further accelerate the growth of the market and innovation. Furthermore, in December 2023, Sympatec GmbH delivered its 5000th HELOS laser diffraction sensor to the Spanish partner agency NOVATEC. NOVATEC provided systems for quality control of raw materials through to the product in various sectors such as cement, mining, steel, and industrial and scientific research. The company's strategy of expanding the business is reflected in a network of partners in the market.

Restraints & Challenges

High costs associated with equipment limit the market to small businesses, making it difficult for most of them to access the technology. In addition, certain measurement techniques are very complicated and require highly skilled operators, which is not widely available. Variability in particle characteristics and ensuring consistency in accuracy across various materials are other challenges.

Market Segmentation

The global particle size analysis market share is classified into technology, description, and end user.

• The laser diffraction segment is expected to hold the largest share of the global particle size analysis market during the forecast period.

Based on technology, the global particle size analysis market is categorized as laser diffraction, DLS, imaging, coulter principle, sieving, and nanoparticle tracking. Among these, the laser diffraction segment is expected to hold the largest share of the global particle size analysis market during the forecast period. This is because of its flexibility, high-speed measurements, and the fact that it can handle different sizes of particles, starting from nanometers to millimetres. It is highly applied across industries, such as pharmaceutical, chemicals, and food processing, in ensuring accurate size analysis of particles.

• The wet segment is expected to grow at the fastest CAGR during the forecast period.      

Based on the dispersion, the global particle size analysis market is categorized as wet, dry, and spray. Among these, the wet segment is expected to grow at the fastest CAGR during the forecast period.  These trends are because of increased interest in analyzing suspensions, emulsions, and liquid-based samples, commonly faced by industries in pharmaceuticals, food, and chemicals. Wet dispersion provides more precise and accurate data on suspended particles and becomes relevant to applications that demand sensitive measurements for product quality and stability.

• The pharma-biotech segment is expected to hold the largest share of the global particle size analysis market during the forecast period. 

Based on end user, the global particle size analysis market is categorized as pharma-biotech, cosmeceutical, chemicals, food, and academia. Among these, the pharma-biotech segment is expected to hold the largest share of the global particle size analysis market during the forecast period. This is due to the fact that particle size plays a crucial role in drug formulation, bioavailability, and stability, particularly in the rising field of nanomedicines and biologics. Particle size analysis offers precise control over drug delivery systems, thus affecting both the efficacy and safety of pharmaceutical products. In addition, the strict regulatory requirements that exist in the pharmaceutical sector create an ever-increasing demand for accurate particle sizing for quality control and regulatory compliance.

Regional Segment Analysis of the Global Particle Size Analysis Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is projected to hold the largest share of the global particle size analysis market over the forecast period.

North America is projected to hold the largest share of the global particle size analysis market over the forecast period. This is largely contributed by leading pharmaceutical, biotechnology, and chemical companies present in the U.S. and Canada wherein the critical parameters of product development, compliance with the regulations, and quality control require size analysis. Another strong reason North America enjoys is in terms of a good concentration of research and development activities in the country coupled with emerging technologies in addition to widespread nanotechnology acceptance among its industries. Moreover, in March 2024, Malvern Panalytical, a subsidiary of Spectris PLC in Egham, Surrey, UK, launched the Mastersizer 3000+, the latest laser diffraction particle sizing instrument. The Mastersizer 3000+ employs integrated artificial intelligence and data-driven software solutions to provide support for method development, data quality feedback, instrument monitoring, and troubleshooting advice. This advanced system is designed to cater to the requirements of experienced laser diffraction particle size analysts and new users across industries, including mining, battery manufacturing, additive manufacturing, and pharmaceutical quality control.

Asia Pacific is expected to grow at the fastest CAGR growth of the global particle size analysis market during the forecast period. The market is analyzed based on rapid industrialization, especially in pharmaceuticals, chemicals, and food. High demand for nanotechnology, increased biotech sectors, and stringent regulatory requirements are driving the market. Besides, significant investments in research and development, coupled with growing interest in quality control, further enhance the adoption of particle size analysis technologies in APAC. Moreover, in June 2024, Micromeritics Instrument Corporation announced it would establish direct sales, service, and customer support operations in India. This move would indicate an expansion of the company to develop industry-leading solutions and unparalleled customer service to the rising Indian market, which would reflect the company's growth pattern in emerging economies.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global particle size analysis market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Beckman Coulter Inc.
• IZON Science Limited
• Shimadzu Corporation
• Sympatec GmbH
• Malvern Panalytical Ltd
• Horiba Ltd
• Agilent Technologies Inc.
• Microtrac Inc. (Verder Scientific GmbH & Co. KG)
• Micromeritics Instruments Corporation
• Brookhaven Instruments
• Cilas
• PSS Nicomp Particle Sizing Systems
• LUM GmbH
• Reichert Technologies
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Key Market Developments

• In August 2023, Anton Paar unveiled the Litesizer DIA 500, the most recent model in the Particle Analysis & Surface Charge (PC) series. This unique device enables exact measurement of particle size and shape from 0.8 µm to 8,000 µm. Because 1 µm = 0.001 millimeter.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global particle size analysis market based on the below-mentioned segments: 

Global Particle Size Analysis Market, By Technology

• Laser Diffraction
• DLS
• Imaging
• Coulter Principle
• Sieving
• Nanoparticle Tracking

Global Particle Size Analysis Market, By Dispersion

• Wet
• Dry
• Spray

Global Particle Size Analysis Market, By End User

• Pharma-Biotech
• Cosmeceutical
• Chemicals
• Food
• Academia

Global Particle Size Analysis Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa