Global Micro Carbon Residue Tester Market Size study, By Product Type (Equipment, Kits & Accessories), By End Use Industry (Micro Carbon Residue Tester in Refinery, Micro Carbon Residue Tester in Oil &Gas, Micro Carbon Residue Tester in Petroleum, Micro Carbon Residue Tester in Chemical & petrochemical, Micro Carbon Residue Tester in Automotive, Micro Carbon Residue Tester in Others), and Regional Forecasts 2022-2028

BIZ4983409
200 Pages
July 2022
Construction & Manufacturing

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Global Micro Carbon Residue Tester Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Micro Carbon Residue Tester refers to an automatic airtight furnace utilized to determine the amount of carbon residue formed after evaporation and pyrolysis of petroleum materials under certain conditions. It provides coke-forming tendencies of an oil. This tester is pre-programmed to run tests to determine Micro (Conradson) Carbon residue of petroleum products. The growing demand for petroleum products and increasing end use application of micro carbon residue testers as well as strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to Statista – in 2020, the global demand for selected oil products including LPG. Gasoline, Naphtha, residual fuel, was estimated at 90.6 million barrels per day, and as per projection the demand would grow to 108.2 million barrels per day. Moreover, according to India Brand Equity Forum (IBEF)- in 2021, India's oil consumption was estimated at 4.9 million barrels per day (BPD), and as per projections the amount would reach to 11 million barrels per day by 2045. Furthermore, leading market players are working towards capacity expansion to leverage the increasing demand for Micro Carbon Residue Tester. For instance, in October 2020, Pennsylvania, US based Cannon instruments company commissioned a state-of-the-art, 12,000 sq.ft. office space for Research & Development activities. Also, growing automotive sector in emerging economies and increasing technological advancements in testing equipment are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, availability of alternatives impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Micro Carbon Residue Tester Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing number of Oil & gas exploration activities and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the increasing demand for petroleum products and rising petroleum refining activities in the region, would create lucrative growth prospects for the global Micro Carbon Residue Tester Market across the North American region.

Major market players included in this report are:

Koehler Instruments Company

Parkes Scientific

Tanaka

Cannon Instrument Company

John Morris Scientific

Hoskin Scientific

DKSH

Pentas Flora

Zutek

Stanhope-Seta

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

Equipment

Kits & Accessories

By End Use Industry:

Micro Carbon Residue Tester in Refinery

Micro Carbon Residue Tester in Oil &Gas

Micro Carbon Residue Tester in Petroleum

Micro Carbon Residue Tester in Chemical & petrochemical

Micro Carbon Residue Tester in Automotive

Micro Carbon Residue Tester in Others

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Micro Carbon Residue Tester Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)

1.2.1. Global Micro Carbon Residue Tester Market, by Region, 2020-2028 (USD Million)

1.2.2. Global Micro Carbon Residue Tester Market, by Product Type, 2020-2028 (USD Million)

1.2.3. Global Micro Carbon Residue Tester Market, by End Use Industry, 2020-2028 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Micro Carbon Residue Tester Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Micro Carbon Residue Tester Market Dynamics

3.1. Micro Carbon Residue Tester Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Growing demand for petroleum products.

3.1.1.2. Increasing end use application of micro carbon residue testers.

3.1.1.3. Strategic initiatives from leading market players.

3.1.2. Market Challenges

3.1.2.1. Availability of alternatives.

3.1.3. Market Opportunities

3.1.3.1. Growing automotive sector in emerging economies.

3.1.3.2. Increasing technological advancements in testing equipment.

Chapter 4. Global Micro Carbon Residue Tester Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Micro Carbon Residue Tester Market, by Product Type

6.1. Market Snapshot

6.2. Global Micro Carbon Residue Tester Market by Product Type, Performance - Potential Analysis

6.3. Global Micro Carbon Residue Tester Market Estimates & Forecasts by Product Type 2018-2028 (USD Million)

6.4. Micro Carbon Residue Tester Market, Sub Segment Analysis

6.4.1. Equipment

6.4.2. Kits and Accessories

Chapter 7. Global Micro Carbon Residue Tester Market, by End Use Industry

7.1. Market Snapshot

7.2. Global Micro Carbon Residue Tester Market by End Use Industry, Performance - Potential Analysis

7.3. Global Micro Carbon Residue Tester Market Estimates & Forecasts by End Use Industry 2018-2028 (USD Million)

7.4. Micro Carbon Residue Tester Market, Sub Segment Analysis

7.4.1. Micro Carbon Residue Tester in Refinery

7.4.2. Micro Carbon Residue Tester in Oil &Gas

7.4.3. Micro Carbon Residue Tester in Petroleum

7.4.4. Micro Carbon Residue Tester in Chemical & petrochemical

7.4.5. Micro Carbon Residue Tester in Automotive

7.4.6. Micro Carbon Residue Tester in Others

Chapter 8. Global Micro Carbon Residue Tester Market, Regional Analysis

8.1. Micro Carbon Residue Tester Market, Regional Market Snapshot

8.2. North America Micro Carbon Residue Tester Market

8.2.1. U.S. Micro Carbon Residue Tester Market

8.2.1.1. Product Type estimates & forecasts, 2018-2028

8.2.1.2. End Use Industry estimates & forecasts, 2018-2028

8.2.2. Canada Micro Carbon Residue Tester Market

8.3. Europe Micro Carbon Residue Tester Market Snapshot

8.3.1. U.K. Micro Carbon Residue Tester Market

8.3.2. Germany Micro Carbon Residue Tester Market

8.3.3. France Micro Carbon Residue Tester Market

8.3.4. Spain Micro Carbon Residue Tester Market

8.3.5. Italy Micro Carbon Residue Tester Market

8.3.6. Rest of Europe Micro Carbon Residue Tester Market

8.4. Asia-Pacific Micro Carbon Residue Tester Market Snapshot

8.4.1. China Micro Carbon Residue Tester Market

8.4.2. India Micro Carbon Residue Tester Market

8.4.3. Japan Micro Carbon Residue Tester Market

8.4.4. Australia Micro Carbon Residue Tester Market

8.4.5. South Korea Micro Carbon Residue Tester Market

8.4.6. Rest of Asia Pacific Micro Carbon Residue Tester Market

8.5. Latin America Micro Carbon Residue Tester Market Snapshot

8.5.1. Brazil Micro Carbon Residue Tester Market

8.5.2. Mexico Micro Carbon Residue Tester Market

8.6. Rest of The World Micro Carbon Residue Tester Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Koehler Instruments Company

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. Parkes Scientific

9.2.3. Tanaka

9.2.4. Cannon Instrument Company

9.2.5. John Morris Scientific

9.2.6. Hoskin Scientific

9.2.7. DKSH

9.2.8. Pentas Flora

9.2.9. Zutek

9.2.10. Stanhope-Seta

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Micro Carbon Residue Tester Market, report scope

TABLE 2. Global Micro Carbon Residue Tester Market estimates & forecasts by Region 2018-2028 (USD Million)

TABLE 3. Global Micro Carbon Residue Tester Market estimates & forecasts by Product Type 2018-2028 (USD Million)

TABLE 4. Global Micro Carbon Residue Tester Market estimates & forecasts by End Use Industry 2018-2028 (USD Million)

TABLE 5. Global Micro Carbon Residue Tester Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 6. Global Micro Carbon Residue Tester Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 7. Global Micro Carbon Residue Tester Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 8. Global Micro Carbon Residue Tester Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 9. Global Micro Carbon Residue Tester Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 10. Global Micro Carbon Residue Tester Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 11. Global Micro Carbon Residue Tester Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 12. Global Micro Carbon Residue Tester Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 13. Global Micro Carbon Residue Tester Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 14. Global Micro Carbon Residue Tester Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 15. U.S. Micro Carbon Residue Tester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 16. U.S. Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 17. U.S. Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 18. Canada Micro Carbon Residue Tester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 19. Canada Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 20. Canada Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 21. UK Micro Carbon Residue Tester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 22. UK Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 23. UK Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 24. Germany Micro Carbon Residue Tester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 25. Germany Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 26. Germany Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 27. RoE Micro Carbon Residue Tester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 28. RoE Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 29. RoE Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 30. China Micro Carbon Residue Tester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 31. China Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 32. China Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 33. India Micro Carbon Residue Tester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 34. India Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 35. India Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 36. Japan Micro Carbon Residue Tester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 37. Japan Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 38. Japan Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 39. RoAPAC Micro Carbon Residue Tester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 40. RoAPAC Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 41. RoAPAC Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 42. Brazil Micro Carbon Residue Tester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 43. Brazil Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 44. Brazil Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 45. Mexico Micro Carbon Residue Tester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 46. Mexico Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 47. Mexico Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 48. RoLA Micro Carbon Residue Tester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 49. RoLA Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 50. RoLA Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 51. Row Micro Carbon Residue Tester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 52. Row Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 53. Row Micro Carbon Residue Tester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 54. List of secondary sources, used in the study of global Micro Carbon Residue Tester Market

TABLE 55. List of primary sources, used in the study of global Micro Carbon Residue Tester Market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

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