According to Cognitive Market Research, The Global Thermogravimetric Analysis market size is USD 125.6 million in 2023 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2023 to 2030.
The demand for thermogravimetric analyzers is rising due to the growing pharmaceutical and polymer sector.
Demand for pharmaceuticals remains higher in the thermogravimetric analyzers market.
The large furnace category held the highest thermogravimetric analyzers market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific thermogravimetric analyzers market will experience the strongest growth until 2030.