Bomb Calorimeter Market Size, Share, Opportunities, And Trends By Medium (Solid, Liquid), By End-User (Food & Beverage, Chemicals, Oil & Gas, Power & Energy, Others), And By Geography - Forecasts From 2023 To 2028
- Published : May 2023
- Report Code : KSI061615279
- Pages : 140
A bomb calorimeter is a device used to measure the heat of combustion of a substance, and it consists of a sealed container (the "bomb") in which a sample of the substance is burned in the presence of excess oxygen. The bomb calorimeter is also used to determine the calorific value of fuels, such as oil, and gas, and measure the energy content of food and beverages. The growing demand for energy-efficient and sustainable technologies, increasing investments in research and development, and the expanding use of bomb calorimeters in various industries are driving the demand for bomb calorimeters, thereby positively impacting their market growth.
The growing food & beverage production will boost the growth of the bomb calorimeter market.
Bomb calorimeters are widely used in the food & beverage industry to measure the calorific value of food & beverage products, which is a critical parameter for evaluating their nutritional value and energy content. Such information is essential for food manufacturers to develop and market products that meet the needs of consumers and comply with regulatory requirements. The rise in the production of food & beverage coupled with the growing concern about calorie intake will boost the demand for bomb calorimeters in the F&B sector. According to India Brand Equity Foundation (IBEF), in 2022, the size of the Indian food processing market was US$ 307.2 trillion, and it is anticipated to grow to US$ 547.3 trillion by 2028. According to the International Food and Beverage Alliance (IFBA), in 2020, 99.7% of IFBA members’ products globally display nutritional information on the pack, and 95% displayed calories front-of-pack. This demonstrates that the bomb calorimeter holds great demand in the future.
The increase in oil & gas consumption will boost the growth of the bomb calorimeter market.
The increasing global population and industrialization have led to a growing need for reliable and affordable sources of oil & gas. Bomb calorimeters are used to measure the energy content of various fuels, including crude oil, natural gas, and coal, which helps companies develop products that meet these demands. Demand for bomb calorimeters is expected to increase owing to the increasing usage and production of oil & gas. According to the International Energy Agency’s (IEA) India Energy Outlook 2021, India's oil consumption increased from 4.65 million barrels per day (BPD) in 2020 to approximately 4.9 million BPD in 2021. According to China National Petroleum Corporation 2021 Annual Report, oil production in China increased from 178.64 MMT in 2020 to 179.44 MMT in 2021, and gas production increased from 160.35 bcm in 2020 to 169.24 bcm in 2021.
During the forecast period, the Asia Pacific is expected to hold a significant market share
Asia Pacific region is projected to dominate the market due to the growing food analysis and testing activities in the region coupled with favorable investments in the oil & gas sector. In 2022, the Indian government revealed that the food processing industry has so far invested Rs. 4,900 crores (US$ 593 million) under the PLI plan, which was approved in March 2021 and has a financial allocation of Rs. 10,900 crores (US$ 1.3 billion). This is projected to boost food product sales and exports. In 2022, Sinopec, a major oil and gas producer in China, stated that the company intends to invest 81.5 billion Yuan in upstream exploitation, particularly in the Shunbei and Tahe fields' crude oil reserves and the Inner Mongolia and Sichuan natural gas fields. Such growing developments will boost the demand for bomb calorimeters as they are used to determine the calorific value of food & beverages and measure the energy content of oil & gas.
Company Products
- CAL3K-F Oxygen Bomb Calorimeter: Such bomb calorimeter provided by DDS calorimeters is a flexible system for low to high throughput without compromising on accuracy and repeatability which can be used in food/ Analysis, scientific determinations, and coal and oil production.
- 6200 Isoperibol oxygen bomb calorimeter: The product by Parr Instrument Company is used for both routine and occasional calorific tests where a variety of vessels are available for testing samples releasing from 52 calories to 12,000 calories per test.
- Digital Bomb Calorimeter: This calorimeter provided by PETRO-DIESEL Instruments Company is manufactured using quality-tested components which can be used in research institutes and laboratories to determine the accurate calorific value of fluids and heat combustion of organic matter.
Bomb Calorimeter Market Scope:
Report Metric | Details |
Growth Rate | CAGR during the forecast period |
Base Year | 2021 |
Forecast Period | 2023 – 2028 |
Forecast Unit (Value) | USD Billion |
Segments Covered | Medium, End-User, and Geography |
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies Covered | Digital Data Systems (Pty) Ltd., Fisher Scientific (Thermo Fisher Scientific), IKA, MRC Laboratory Instruments, Parr Instrument Company, PETRO-DIESEL INSTRUMENTS COMPANY, TecQuipment Ltd, Toshniwal Technologies Pvt. Limited |
Customization Scope | Free report customization with purchase |
Segmentation
- By Medium
- Solid
- Liquid
- By End-User
- Food & Beverage
- Chemicals
- Oil & Gas
- Power & Energy
- Others
- By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Other
- North America
Frequently Asked Questions (FAQs)
2021 has been taken as the base year in the bomb calorimeter market.
Prominent key market players in the bomb calorimeter market include Digital Data Systems (Pty) Ltd., Fisher Scientific (Thermo Fisher Scientific), IKA, MRC Laboratory Instruments, and Parr Instrument Company, among others.
The bomb calorimeter market has been segmented by medium, end-user, and geography.
The growing food & beverage production will boost the bomb calorimeter market growth.
Asia Pacific is expected to hold a significant share of the bomb calorimeter market due to the growing food analysis and testing activities in the region.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. BOMB CALORIMETER MARKET, BY MEDIUM
5.1. Introduction
5.2. Solid
5.3. Liquid
6. BOMB CALORIMETER MARKET, BY END-USER
6.1. Introduction
6.2. Food & Beverage
6.3. Chemicals
6.4. Oil & Gas
6.5. Power & Energy
6.6. Others
7. BOMB CALORIMETER MARKET, BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. United States
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. United Kingdom
7.4.2. Germany
7.4.3. France
7.4.4. Spain
7.4.5. Others
7.5. The Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. UAE
7.5.3. Israel
7.5.4. Others
7.6. Asia Pacific
7.6.1. Japan
7.6.2. China
7.6.3. India
7.6.4. South Korea
7.6.5. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. COMPANY PROFILES
9.1. Digital Data Systems (Pty) Ltd.
9.2. Fisher Scientific (Thermo Fisher Scientific)
9.3. IKA
9.4. MRC Laboratory Instruments
9.5. Parr Instrument Company
9.6. PETRO-DIESEL INSTRUMENTS COMPANY
9.7. TecQuipment Ltd
9.8. Toshniwal Technologies Pvt. Limited
Digital Data Systems (Pty) Ltd.
Fisher Scientific (Thermo Fisher Scientific)
IKA
MRC Laboratory Instruments
Parr Instrument Company
PETRO-DIESEL INSTRUMENTS COMPANY
Toshniwal Technologies Pvt. Limited
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