Fourier-Transform Infrared (FTIR) Spectrometer Market to Grow with a CAGR of 9.21% through 2030
Rising
adsorption from various end-user industries is expected to drive the Fourier-Transform
Infrared (FTIR) Spectrometer market in the forecast period 2026-2030.
According to TechSci Research report, “Fourier-Transform Infrared (FTIR)
Spectrometer Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2030F”, The Global Fourier-Transform Infrared (FTIR) Spectrometer
Market stood at USD 4.28 billion in 2024 and is anticipated to grow with a CAGR of 9.21% in the forecast period through 2030. Fourier-transform infrared spectrometers
are used in organic synthesis for a variety of purposes. For instance, it's
crucial to analyze a compound's purity and structure to decide whether it
qualifies as a synthesis. Along with that it provides the transmittance and
absorbance spectra according to wave number. It also helps to provide the
information regarding the functional group present in the compound. For these goals as well as other ones, such
finding pollutants linked to organic molecules during processes, a
Fourier-Transform Infrared Spectrum may be used in this case. Chemists may
undertake synthesis without making any mistakes by avoiding undesirable side
reactions and variations in product yield.
Quantitative information on chemical bonds that are broken and created
during a reaction provided by the spectral data collected from these devices
which is very beneficial for the Chemists. This will, in turn, increase the demand
for the Fourier-Transform Infrared
Spectrometer Market.
Furthermore, stringent
emission requirements imposed by regulatory agencies such as the Environmental
Protection Agency (EPA) are forcing automakers to design vehicles that meet the
universal criteria set out by governments. As a result, automakers must get governmental
licenses to maintain their production footprint. Thus Fourier-Transform Infrared
Spectrometers are in high demand for testing gas purity and its component
percentage. Leading key players are concentrating on developing technologically
sophisticated Fourier-Transform Infrared (FTIR) spectrometers for car
emissions, agricultural emissions, biofuel exhaust evaluation, natural gas
analysis, waste incineration, and other applications. This results in high
demand for the Fourier-Transform Infrared (FTIR) spectrometer market in the
upcoming year. However, the high costs
of the Fourier-Transform Infrared spectrometer can slow down the market growth.
Also, the average lifespan of a Fourier-Transform Infrared spectrometer is less
which can further slow-down the market growth.
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Global Fourier-Transform Infrared Spectrometer Market is segmented into type, end use, regional distribution, and company.
Based on End User, the Pharmaceutical Industry is witnessing the fastest growth in the global Fourier Transform Infrared (FTIR) spectrometer market. This surge is primarily driven by the increasing need for advanced analytical techniques in drug discovery, formulation, quality control, and regulatory compliance. FTIR spectrometers are extensively used in pharmaceutical applications to identify chemical structures, confirm molecular integrity, monitor polymorphic changes, and validate raw materials. Their ability to deliver precise and non-destructive analysis makes them indispensable in every stage of the pharmaceutical manufacturing and research pipeline. The growing global burden of chronic diseases, along with heightened demand for personalized medicine and biopharmaceuticals, is pushing pharmaceutical companies to enhance their R&D capabilities. FTIR plays a crucial role in this expansion by supporting rapid, accurate, and cost-effective compound analysis. Additionally, the increased emphasis on data integrity, Good Manufacturing Practice (GMP) compliance, and regulatory standards by agencies such as the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) is prompting companies to adopt more reliable spectroscopic methods like FTIR for routine quality checks.
Based on the Region, Asia-Pacific region is witnessing the fastest growth in the global Fourier-Transform Infrared (FTIR) Spectrometer market, primarily driven by rapid industrialization, expanding research and development initiatives, and increasing environmental regulations. Countries like China, India, Japan, and South Korea are at the forefront of this surge due to their growing need for advanced analytical technologies in sectors such as pharmaceuticals, chemicals, environmental monitoring, and food safety. China’s emphasis on enforcing stricter environmental policies has spurred demand for high-precision instrumentation like FTIR spectrometers, which are essential for real-time monitoring of pollutants and industrial emissions. Similarly, India is experiencing a significant rise in demand for FTIR systems due to growth in its pharmaceutical manufacturing and chemical processing sectors, coupled with government-led initiatives to modernize laboratory infrastructure and improve quality control processes.
Major companies operating
in the Global Fourier-Transform Infrared Spectrometer Market are:
- Thermo Fisher Scientific Inc.
- Bruker Corporation
- Shimadzu Corporation
- PerkinElmer Inc.
- Anton Paar GmbH
- MKS Instruments Inc.
- FOSS A/S
- Mettler-Toledo International Inc.
- Bristol Instruments, Inc.
- Systronics India Limited
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“North
America is expected to be the largest market of Fourier-Transform Infrared spectrometers during
the forecast period, due to the high demand for these devices in various
end-user industries. Additionally, high demand to explore oil shale reserves
and identify minerals and gases, is expected to create lucrative opportunities
for market growth. Additionally, countries such as Europe are
expected to proliferate during the forecast period due to the availability of
skilled labor and an increase in investments in spectrometer manufacturers,” said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based
global management consulting firm.
“Fourier - Transform Infrared (FTIR) Spectrometer Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Portable FTIR Spectrometers, Laboratory FTIR Spectrometers), By End-Use (Petrochemical Engineering, Pharmaceutical Industry, Academics, Polymer Science, Others), By Region and Competition, 2020-2030F",
has evaluated the future growth potential of Global Fourier-Transform Infrared
Spectrometer Market and provides statistics & information on market size,
structure, and future market growth. The report intends to provide cutting-edge
market intelligence and help decision-makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the Global Fourier-Transform
Infrared Spectrometer Market.
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