Global Thermogravimetric Analyzer Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Dynamic Thermogravimetric Analyzer and Static Thermogravimetric Analyzer.

By End Use Application;

Research Applications, Laboratory Applications and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn753113714 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Thermogravimetric Analyzer Market (USD Million), 2021 - 2031

In the year 2024, the Global Thermogravimetric Analyzer Market was valued at USD 115.85 million. The size of this market is expected to increase to USD 157.66 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.5%.

The global thermogravimetric analyzer (TGA) market has experienced significant growth due to its critical role in materials science and quality control. TGA is an analytical technique used to measure the change in a material’s weight as a function of temperature, which provides valuable information about its thermal stability, composition, and decomposition processes. This technology is essential across various industries, including pharmaceuticals, chemicals, polymers, and materials science.

The increasing complexity of materials and the demand for high-quality, reliable data have driven the need for advanced TGA systems. In the pharmaceutical industry, for example, TGA is utilized to ensure the stability and purity of drug formulations. Similarly, in the polymers and materials science sectors, TGA helps in analyzing the thermal properties of new materials and ensuring the quality of existing ones.

The market's growth is also fueled by the continuous advancements in TGA technology, including improvements in sensitivity, resolution, and data analysis capabilities. These advancements enable more precise and efficient analysis, supporting the development of new materials and products. Additionally, the expansion of research and development activities and the increasing adoption of TGA in academic and industrial research contribute to market growth.

Geographically, North America and Europe have historically been the largest markets for TGA due to their strong research infrastructure and industrial base. However, the Asia-Pacific region is witnessing rapid growth, driven by increasing industrial activities, research investments, and advancements in technology.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By End Use Application
    3. Market Snapshot, By Region
  4. Global Thermogravimetric Analyzer Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing material complexity
        2. Demand for high-quality data
        3. Advancements in TGA technology
      2. Restraints
        1. High initial cost
        2. Complexity of operation
        3. Maintenance requirements
      3. Opportunities
        1. Technological advancements
        2. Emerging markets expansion
        3. Increasing R&D investments
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Thermogravimetric Analyzer Market, By Product Type, 2021 - 2031 (USD Million)
      1. Dynamic Thermogravimetric Analyzer
      2. Static Thermogravimetric Analyzer
    2. Global Thermogravimetric Analyzer Market, By End Use Application, 2021 - 2031 (USD Million)
      1. Research Applications
      2. Laboratory Applications
      3. Others
    3. Global Thermogravimetric Analyzer Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Netzsch
      2. METTLER TOLEDO
      3. SETARAM
      4. Hitachi High Technology
      5. PerkinElmer
      6. Rigaku Corporation
      7. Linseis Thermal Analysis
      8. Shimadzu
      9. Nanjing Dazhan
      10. TA Instruments
  7. Analyst Views
  8. Future Outlook of the Market