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The global market for rheometer is being driven by the growing product demand from the major end-use sectors and rapid industrialisation across the globe. North America is one of the significant regions for the product. The expanding applications of rheometer in the cosmetics and pharmaceuticals sectors are expected to significantly contribute to the sales of the product. Within North America, the United States is one of the major regions for the product and occupies a significant share in the industry. Anton Paar GmbH, one of the key players in the industry, has made some of the most significant investments into the American market over the past year, which, includes its acquisition of Quantachrome Instruments and continued massive expansion of the USA subsidiary in 2018. The company had opened three additional USA offices in Los Angeles, Houston, and Chicago.
The rheometer industry is witnessing continuous demand from the major beer and soft drink manufacturers as well as companies active in the food and chemicals sectors. The growing focus of manufacturers on mechanism reform and core technology improvement is further boosting the industry growth. Besides this, the growing investments in brand establishment are expected to significantly contribute to the industry growth. The growing availability of rheometer through online platforms like Amazon.com, Inc. (NASDAQ: AMZN) and Alibaba Group Holding Ltd (NYSE: BABA) is expected to significantly contribute to the market growth over the forecast period.
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The major players in the global rheometer market include Anton Paar GmbH, Fann Instrument Company, Biolin Scientific AB, and TA Instruments, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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