The global market for Thermal Analysis was estimated at US$669.0 Million in 2024 and is projected to reach US$914.9 Million by 2030, growing at a CAGR of 5.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Thermal Analysis market.
Advancements in thermal analysis technology have significantly enhanced the precision and scope of these techniques. Modern thermal analyzers are equipped with high-resolution sensors, automated sample handling, and advanced data analysis software, enabling more accurate and detailed measurements. The integration of thermal analysis with other analytical techniques, such as spectroscopy and microscopy, has opened new avenues for material characterization. For instance, coupling DSC with infrared spectroscopy allows for the simultaneous analysis of thermal and chemical changes in materials. This multidisciplinary approach provides a more comprehensive understanding of material properties, crucial for developing new materials and improving existing ones. Innovations such as modulated DSC and high-pressure TGA have further expanded the capabilities of thermal analysis, allowing for the investigation of complex materials and reactions.
The growth in the thermal analysis market is driven by several factors. The increasing demand for high-performance materials in industries such as aerospace, automotive, and electronics necessitates advanced thermal analysis techniques for material development and quality assurance. The pharmaceutical industry relies heavily on thermal analysis for drug formulation and stability testing, further propelling market growth. Technological advancements in thermal analysis equipment, such as enhanced sensitivity, automation, and integration with other analytical tools, are making these techniques more accessible and efficient. Additionally, the rising focus on sustainable and energy-efficient materials is boosting the need for thermal analysis to understand and optimize material properties. Government regulations and standards, particularly in the pharmaceutical and food industries, are also driving the adoption of thermal analysis for compliance and quality control purposes. These factors, combined with the continuous innovation in analytical technologies, are expected to sustain the growth of the thermal analysis market in the coming years.
Global Thermal Analysis Market - Key Trends & Drivers Summarized
Thermal analysis is a critical technique used to study the properties of materials as they change with temperature. This analytical method encompasses several techniques, including Differential Scanning Calorimetry (DSC), Thermogravimetric Analysis (TGA), Thermomechanical Analysis (TMA), and Dynamic Mechanical Analysis (DMA). DSC measures the heat flow associated with phase transitions in materials, providing insights into melting points, crystallization, and other thermal properties. TGA evaluates changes in a material’s mass as a function of temperature or time, helping in understanding thermal stability and composition. TMA and DMA analyze the dimensional and mechanical properties of materials under thermal conditions, respectively. These techniques are indispensable in various industries, such as polymers, pharmaceuticals, food, and metallurgy, for quality control, research and development, and regulatory compliance.Advancements in thermal analysis technology have significantly enhanced the precision and scope of these techniques. Modern thermal analyzers are equipped with high-resolution sensors, automated sample handling, and advanced data analysis software, enabling more accurate and detailed measurements. The integration of thermal analysis with other analytical techniques, such as spectroscopy and microscopy, has opened new avenues for material characterization. For instance, coupling DSC with infrared spectroscopy allows for the simultaneous analysis of thermal and chemical changes in materials. This multidisciplinary approach provides a more comprehensive understanding of material properties, crucial for developing new materials and improving existing ones. Innovations such as modulated DSC and high-pressure TGA have further expanded the capabilities of thermal analysis, allowing for the investigation of complex materials and reactions.
The growth in the thermal analysis market is driven by several factors. The increasing demand for high-performance materials in industries such as aerospace, automotive, and electronics necessitates advanced thermal analysis techniques for material development and quality assurance. The pharmaceutical industry relies heavily on thermal analysis for drug formulation and stability testing, further propelling market growth. Technological advancements in thermal analysis equipment, such as enhanced sensitivity, automation, and integration with other analytical tools, are making these techniques more accessible and efficient. Additionally, the rising focus on sustainable and energy-efficient materials is boosting the need for thermal analysis to understand and optimize material properties. Government regulations and standards, particularly in the pharmaceutical and food industries, are also driving the adoption of thermal analysis for compliance and quality control purposes. These factors, combined with the continuous innovation in analytical technologies, are expected to sustain the growth of the thermal analysis market in the coming years.
SCOPE OF STUDY:
The report analyzes the Thermal Analysis market in terms of units by the following Segments, and Geographic Regions/Countries:- Segments: Functionality (Single-Functionality Analyzers, Simultaneous-Functionality Analyzers); End-Use (Chemical & Material Manufacturers, Pharma & Biotech Companies, Food & Beverage, Petrochemical, Research & Academia, Other End-Uses)
- Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Chemical & Material Manufacturers segment, which is expected to reach US$335.4 Million by 2030 with a CAGR of a 6.1%. The Pharma & Biotech Companies segment is also set to grow at 4.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $286.4 Million in 2024, and China, forecasted to grow at an impressive 6.8% CAGR to reach $86.8 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Thermal Analysis Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Thermal Analysis Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Thermal Analysis Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as PerkinElmer, Inc., Intertek Group PLC, LECO Corporation, Hitachi High-Tech Corporation, Instron Corporation and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 53 companies featured in this Thermal Analysis market report include:
- PerkinElmer, Inc.
- Intertek Group PLC
- LECO Corporation
- Hitachi High-Tech Corporation
- Instron Corporation
- NETZSCH-Geratebau GmbH
- Mettler-Toledo, LLC
- Anton Paar GmbH
- Cayley Aerospace
- ELTRA GmbH
- GoTTFERT Werkstoff-Prufmaschinen GmbH
- NovaTech, LLC
- Hi-Tech CAE
- Aspen Systems, LLC.
- Lacerta Technology Ltd
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYWORLD BRANDS2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- PerkinElmer, Inc.
- Intertek Group PLC
- LECO Corporation
- Hitachi High-Tech Corporation
- Instron Corporation
- NETZSCH-Geratebau GmbH
- Mettler-Toledo, LLC
- Anton Paar GmbH
- Cayley Aerospace
- ELTRA GmbH
- GoTTFERT Werkstoff-Prufmaschinen GmbH
- NovaTech, LLC
- Hi-Tech CAE
- Aspen Systems, LLC.
- Lacerta Technology Ltd
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 271 |
| Published | June 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 669 Million |
| Forecasted Market Value ( USD | $ 914.9 Million |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | Global |
