QYResearch: Global Flash Point Tester Market Worth $ 101.79 million by 2022
Analyst: Qin Wei
Company: QYResearch
Flash point testing is required to classify the flammability levels of chemicals and materials. Measuring the flash point of a liquid or material is important because it can assess potential fire hazards that may arise during transportation and storage. Once the flash point is analyzed, the chemical is grouped into different flammability categories which have different handling requirements.
According to QYR study, in terms of the end users market, the global Flash Point Tester market is valued at USD 93.02 million in 2016 and is expected to reach USD 101.79 million by the end of 2022, growing at a CAGR of 1.51% between 2016 and 2022. As to the production market, global production value of Flash Point Tester was valued at 56.17 million USD in 2016, and the global Production Value of Flash Point Tester is forecast to reach 60.81 million USD by the end of 2022.
Anton Paar, ERALYTICS dominated the market, with accounted for 19.92%, 13.07% of the Flash Point Tester production value market share in 2016 respectively. Grabner Instruments and Koehler are the key players and accounted for 10.84%, 7.16% respectively of the overall Flash Point Tester market share in 2016. The following table is the plant location and product types of different manufactures.
Global giant market mainly distributed in USA and Europe. It has unshakable status in this field.
Europe is the largest consumption region of Flash Point Tester, with a consumption market share nearly 31.62% in 2016. The second place is North America; following Europe with the consumption market share over 31.27% in 2016.
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Marketing: sales@qyresearch.com
Analyst: qinwei@qyresearch.com
Media Contact: press@qyresearch.com
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