In Line Process Viscometer Market Update: Global Market Insights, Inc.

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In Line Process Viscometer Market Update Global
Market Insights, Inc.
Read more at _at_ https//www.gminsights.com/industry
-analysis/in-line-process-viscometer-ILPV-market
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Global Market Scenario of ILPV Market
In line process viscometer (ILPV) Market size was
USD 133.9 million for 2015, with 6.8 CAGR growth
from 2016 to 2023, as per the latest research
report by Global Market Insights, Inc. Strong
energy needs and the evolution of chemical
processing technology, particularly in China and
India, will drive in line process viscometer
market growth. APAC, with India and China
industrial sector growth, was the dominant
regional industry and accounted for over 30.2 of
the revenue share in 2015. Indian and Chinese
governments have framed favorable FDI policies
intended to enhance petroleum and petrochemical
production in the country. The policies may
facilitate new investments in the refining sector
thereby driving stimulating ILPV market size.
Europe, dominated by Germany, UK and France, may
witness below average industry growth rates at
6.2 CAGR up to 2023. Environmental norms by
REACH along with focus on parameter control in
refining may promote the use of ILPV in Europe.
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Continue.....
Vibration in line process viscometer technology
was dominant and valued at over USD 29 million in
2015. Its ability to measure high viscous fluids
with viscosity in excess of 1,000 Pa.s makes
vibration technology preferable in numerous
industries. In addition, vibration ILPV provides
the highest quality, accuracy and reliability
over huge time spans in various industrial
processes. Pharmaceutical applications are
predicted to grow significantly, at 7 CAGR for
the forecast timeframe. Growing pharmaceutical
industry in China and India and increasing high
viscosity fluid usage for ophthalmic solutions
will drive ILPV demand growth. MNCs are
steadily setting up new bases in APAC while
expanding existing manufacturing locations
worldwide. These instruments exhibit high
operational supremacy over conventional
viscometers, which makes them a lucrative segment
for investors and manufacturers. By maintaining
high quality of end-products with reliable and
accurate measurements resulting in process
stabilization, providing complete automation and
cost reduction, the in line process viscometers
market may become one of the most revenue
intensive segments of all measurement and
instrumentation markets globally.
Read more at _at_ https//www.gminsights.com/industry
-analysis/in-line-process-viscometer-ILPV-market
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MEA In Line Process Viscometer (ILPV) market
size, by application, 2012-2023 (USD Million)
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Technical insights _at_ https//www.gminsights.com/re
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Report On ILPV Market _at_ https//www.gminsights.com
/industry-analysis/in-line-process-viscometer-ILPV
-market
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