Global Thermogravimetric Analyzer Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product Type;
Dynamic Thermogravimetric Analyzer, and Static Thermogravimetric AnalyzerBy Application;
Material Science, Polymer Analysis, Pharmaceuticals, Food & Beverage, Environmental, and OthersBy End Use;
Research Laboratories, Industrial, Academic Institutions, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Thermogravimetric Analyzer Market Overview
Thermogravimetric Analyzer Market (USD Million)
Thermogravimetric Analyzer Market was valued at USD 115.85 million in the year 2024. 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%.
Global Thermogravimetric Analyzer Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 4.5 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 4.5 % |
Market Size (2024) | USD 115.85 Million |
Market Size (2031) | USD 157.66 Million |
Market Concentration | High |
Report Pages | 373 |
Major Players
- Netzsch
- METTLER TOLEDO
- SETARAM
- Hitachi High Technology
- PerkinElmer
- Rigaku Corporation
- Linseis Thermal Analysis
- Shimadzu
- Nanjing Dazhan
- TA Instruments
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Thermogravimetric Analyzer Market
Fragmented - Highly competitive market without dominant players
The Thermogravimetric Analyzer (TGA) Market is gaining traction due to the increasing demand for precise material characterization across various industries. TGAs provide critical data on thermal stability, decomposition, and compositional analysis. Over 52% of advanced manufacturing and research labs now rely on thermogravimetric analyzers to enhance quality control and material innovation. The rise in thermal analysis applications in sectors like polymers, pharmaceuticals, and composites is driving market interest.
Industrial Application Expansion
An increasing number of industries are utilizing TGAs for process optimization and compliance validation. Over 41% of TGA demand comes from the pharmaceutical and chemical sectors, reflecting their reliance on accurate thermal profiling. Moreover, the integration of TGA systems with other analytical tools has significantly improved lab efficiency, enabling a holistic understanding of material properties. This multifunctionality enhances the analyzers' value across research and quality assurance domains.
Technological Advancements and Innovation
Continuous advancements in software integration, miniaturization, and multi-sample processing are transforming TGAs into more automated and user-friendly tools. Approximately 38% of TGA manufacturers are focusing on improving data accuracy and instrument sensitivity. These enhancements not only reduce error margins but also widen the scope of application in emerging fields like biodegradable materials and nanotechnology.
Regulatory Compliance and Quality Assurance
Regulatory frameworks across industries increasingly mandate thermal degradation data and stability testing, pushing companies toward more frequent use of TGAs. Over 45% of end-users highlight regulatory compliance as a primary driver for TGA adoption. These systems are essential in ensuring consistency in manufacturing and meeting safety standards, particularly in high-stakes industries such as aerospace and pharmaceuticals.
Future Outlook and Investment Trends
The market is poised for steady growth, supported by rising investments in R&D and material science. The shift toward green materials, recycling, and bio-based composites further underscores the strategic importance of TGAs in future scientific developments. Their expanding role in academia, industry, and regulatory labs reinforces long-term growth prospects.
Thermogravimetric Analyzer Market Recent Developments
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In 2024, Mettler Toledo launched the high-resolution TGA 1, offering continuous measurement up to 50 million resolution points and modular automation to enhance thermal analysis efficiency.
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In May 2025, a LinkedIn industry report revealed growing worldwide demand for TGAs in the pharmaceutical, polymer, and food sectors, fueled by quality-control needs, automation, and increased R&D investment.
Thermogravimetric Analyzer Market Segment Analysis
In this report, the Thermogravimetric Analyzer Market has been segmented by Product Type, Application, End Use and Geography.
Thermogravimetric Analyzer Market, Segmentation by Product Type
The Thermogravimetric Analyzer Market has been segmented by Product Type into Dynamic Thermogravimetric Analyzer and Static Thermogravimetric Analyzer.
Dynamic Thermogravimetric Analyzer
The Dynamic Thermogravimetric Analyzer (DTGA) segment plays a vital role in the global market, driven by its ability to analyze weight changes of materials under varying temperatures. This sub-segment is widely adopted in industries such as pharmaceuticals, chemicals, and polymer manufacturing. With over 60% of the total market share, DTGAs are preferred due to their real-time monitoring capabilities and accurate thermal decomposition profiling. Their versatility in handling complex thermal processes makes them an industry standard in advanced material research.
Static Thermogravimetric Analyzer
The Static Thermogravimetric Analyzer (STGA) market holds a steady position, accounting for nearly 40% of the global share. These analyzers are specifically designed for controlled environment studies where a constant temperature is required to evaluate material stability. STGAs are commonly used in academic research, quality control labs, and environmental studies, offering high precision in long-duration testing scenarios. Their simplicity and cost-effectiveness make them a practical choice for basic thermogravimetric applications.
Thermogravimetric Analyzer Market, Segmentation by Application
The Thermogravimetric Analyzer Market has been segmented by Application into Material Science, Polymer Analysis, Pharmaceuticals, Food and Beverage, Environmental, and Others.
Material Science
The Material Science segment dominates the application landscape, accounting for approximately 28% of the thermogravimetric analyzer market. These instruments are widely used in thermal stability assessments, composition analysis, and phase transition studies. The demand for advanced materials in aerospace, automotive, and electronics is driving this segment's growth rapidly.
Polymer Analysis
Representing nearly 22% of the market, polymer analysis is a critical application area for thermogravimetric analyzers. These tools help determine thermal degradation temperatures, filler content, and polymer formulation stability. The growth in the plastics and composites industries significantly contributes to this segment's expansion.
Pharmaceuticals
The pharmaceuticals segment makes up around 18% of the total market share. Thermogravimetric analysis is used to assess drug stability, moisture content, and excipient compatibility. Regulatory compliance and the increasing complexity of drug formulations are major drivers in this segment.
Food and Beverage
Comprising roughly 12% of the market, the food and beverage segment utilizes thermogravimetric analyzers for moisture analysis, fat content determination, and thermal decomposition studies. The emphasis on quality control and nutritional accuracy supports steady growth in this area.
Environmental
With about 10% market share, the environmental segment relies on thermogravimetric analyzers for waste analysis, pollutant detection, and soil characterization. Increasing environmental regulations and sustainability initiatives are propelling demand in this domain.
Thermogravimetric Analyzer Market, Segmentation by End Use
The Thermogravimetric Analyzer Market has been segmented by End Use into Research Laboratories, Industrial, Academic Institutions, and Others.
Research Laboratories
The research laboratories segment holds around 12% of the market share. Sulfur chemicals are widely used in analytical chemistry, material testing, and scientific research. The demand is driven by increasing investment in research and development (R&D) and the growing use of sulfur compounds in developing new catalysts, materials, and chemical processes.
Industrial
The industrial segment leads this market category, contributing approximately 55% of the total demand. Sulfur chemicals are extensively applied in the production of fertilizers, synthetic fibers, rubber vulcanization, paper manufacturing, and various chemical intermediates. The continuous growth of the chemical manufacturing industry and rising demand from industrial processing units are key drivers of this segment.
Academic Institutions
The academic institutions segment accounts for about 10% of the market. Sulfur compounds are used for educational purposes in chemistry experiments, material science studies, and research projects. Increasing focus on advanced scientific education and expanding laboratory infrastructure in universities support this segment’s steady growth.
Others
The others segment holds roughly 23% of the market share. This includes applications in pharmaceuticals, cosmetics, food processing, and various specialty chemical industries. The diversification of sulfur chemical uses in emerging markets and increasing innovation in high-value applications are driving demand in this category.
Thermogravimetric Analyzer Market, Segmentation by Geography
In this report, the Thermogravimetric Analyzer Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Thermogravimetric Analyzer Market Share (%), by Geographical Region
North America
North America leads the thermogravimetric analyzer market with a dominant share of around 35%. The region's strong presence is driven by high investments in R&D activities, technological innovation, and a mature pharmaceutical and materials industry. The United States contributes the largest portion due to robust academic and industrial research infrastructures.
Europe
Europe holds approximately 27% of the market, supported by growing demand in polymer analysis, environmental testing, and advanced material research. Countries like Germany, France, and the UK are major contributors, with well-established scientific communities and emphasis on quality control and compliance.
Asia Pacific
Asia Pacific is the fastest-growing region, accounting for around 22% of the global share. Rapid industrialization, expanding pharmaceutical and chemical sectors, and increasing adoption of analytical technologies in countries like China, Japan, and India are fueling regional growth.
Middle East and Africa
The Middle East and Africa region represents about 8% of the market. Growth in this region is supported by rising investments in research institutions, increased focus on environmental monitoring, and emerging industrial applications, particularly in oil and gas sectors.
Latin America
Latin America contributes roughly 8% to the thermogravimetric analyzer market. The region is witnessing steady demand in academic laboratories, quality assurance labs, and food and beverage industries, especially in countries like Brazil and Mexico.
Thermogravimetric Analyzer Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Thermogravimetric Analyzer Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers :
- Increasing material complexity
- Demand for high-quality data
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Advancements in TGA technology - Rapid advancements in thermogravimetric analyzer (TGA) technology are significantly driving growth in the thermogravimetric analyzer market. Innovations such as high-resolution sensors, real-time data integration, and automated sample handling systems have enhanced the precision, efficiency, and usability of TGA instruments. These upgrades allow for more accurate measurement of mass changes under controlled temperature environments, which is crucial for applications in material science, pharmaceuticals, polymers, and chemical engineering.
Newer TGA models also offer multi-functionality by combining thermogravimetric analysis with differential scanning calorimetry (DSC), evolved gas analysis (EGA), and other complementary techniques. These integrated systems enable comprehensive thermal profiling of materials with improved speed, sensitivity, and data analysis capabilities. As industries increasingly rely on advanced material characterization to ensure product performance and regulatory compliance, the demand for cutting-edge TGA instruments is expected to continue rising.
Restraints :
- High Initial Investment Costs
- Complexity in Operation and Maintenance
- Limited Awareness in Emerging Markets
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Competition from Alternative Analytical Techniques - Competition from alternative analytical techniques poses a notable restraint in the thermogravimetric analyzer (TGA) market. Techniques such as differential scanning calorimetry (DSC), Fourier-transform infrared spectroscopy (FTIR), and dynamic mechanical analysis (DMA) are often preferred for specific applications due to their faster analysis, lower cost, or ability to deliver more comprehensive chemical or structural insights. In research and industrial settings where thermal degradation is not the primary focus, these alternatives may offer greater versatility or operational simplicity.
Furthermore, certain analytical instruments now come with integrated multi-mode capabilities, reducing the need for standalone TGA equipment. This consolidation can be particularly attractive for institutions or companies with limited laboratory space or budget constraints. As a result, while TGA remains critical for precise mass loss measurements under heat, its use can be limited in environments where other techniques can deliver comparable or broader analytical results.
Opportunities :
- Rapid pace of technological advancements
- Strong expansion across emerging markets
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Growing investments in R&D initiatives - Growing investments in R&D initiatives are significantly boosting the global thermogravimetric analyzer (TGA) market, as advanced thermal analysis becomes essential across industries such as pharmaceuticals, polymers, and energy. With rising focus on product innovation and quality assurance, laboratories and research institutions are increasingly deploying TGAs to assess material stability, decomposition behavior, and composition under controlled heating conditions. These tools are vital for accurate mass loss measurements and play a critical role in supporting experimental outcomes and product development cycles.
The influx of R&D funding from both government bodies and private enterprises is encouraging manufacturers to enhance TGA functionality with improved automation, data integration, and analytical software. As emerging fields like battery technology, nanomaterials, and advanced composites continue to expand, the demand for precision thermal analysis grows in parallel. This ongoing investment in research infrastructure is expected to fuel long-term opportunities for TGA manufacturers by aligning their systems with evolving scientific and industrial needs.
Thermogravimetric Analyzer Market Competitive Landscape Analysis
Key players in Thermogravimetric Analyzer Market include :
- Netzsch
- METTLER TOLEDO
- SETARAM
- Hitachi High Technology
- PerkinElmer
- Rigaku Corporation
- Linseis Thermal Analysis
- Shimadzu
- Nanjing Dazhan
- TA Instruments
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Application
- Market Snapshot, By End Use
- Market Snapshot, By Region
- Thermogravimetric Analyzer Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing material complexity
- Demand for high-quality data
- Advancements in TGA technology
- Restraints
- High Initial Investment Costs
- Complexity in Operation and Maintenance
- Limited Awareness in Emerging Markets
- Competition from Alternative Analytical Techniques
- Opportunities
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Rapid pace of technological advancements
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Strong expansion across emerging markets
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Growing investments in R&D initiatives
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
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Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Thermogravimetric Analyzer Market, By Product Type, 2021 - 2031 (USD Million)
- Dynamic Thermogravimetric Analyzer
- Static Thermogravimetric Analyzer
- Thermogravimetric Analyzer Market, By Application, 2021 - 2031 (USD Million)
- Material Science
- Polymer Analysis
- Pharmaceuticals
- Food and Beverage
- Environmental
- Others
- Thermogravimetric Analyzer Market, By End Use, 2021 - 2031 (USD Million)
- Research Applications
- Laboratory Applications
- Others
- Thermogravimetric Analyzer Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN(Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Thermogravimetric Analyzer Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Netzsch
- METTLER TOLEDO
- SETARAM
- Hitachi High Technology
- PerkinElmer
- Rigaku Corporation
- Linseis Thermal Analysis
- Shimadzu
- Nanjing Dazhan
- TA Instruments
- Company Profiles
- Analyst Views
- Future Outlook of the Market