Global revenue of Flash Point Tester is forecast to reach 101.79 million USD by the end of 2022 Custom Research｜Research Report｜Management Consulting｜Seminar｜Database
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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.
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According to QYR study, the global revenue of Flash Point Tester was valued at 93.02 million USD in 2016, and the global revenue of Flash Point Tester is forecast to reach 101.79 million USD by the end of 2022. 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.
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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. Global giant market mainly distributed in USA and Europe. It has unshakable status in this field.
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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 31.19% in 2016.
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The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
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Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin. Despite the presence of competition problems, due to the global recovery trend is slightly, investor are still optimistic about this area; the future will still have more new investment enter the field.
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