Immersion Oil Market Expected to Secure Notable Revenue Share by 2025

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Immersion Oil Market Global Industry Forecast
Analysis over 2019 - 2025
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• Immersion Oil Market Scenario

• Though immersion oil is used across various
  end-user industry, the challenges associated with
  government regulations is likely to hamper the
  market growth in the coming years. The product is
  classified as a hazardous substance under the EU
  regulation (EC) No 1272/2008 as it can cause eye
  irritation, skin irritation and may cause
  respiratory irritation when not used as
  prescribed.
• Immersion oil market has been segmented based on
  type, application, end-user industry and region.
  On the basis of type, the industry has been
  classified as paraffinic, synthetic type and
  cedar wood type. Paraffinic oil has been used in
  the recent years in the microscope but due to its
  nondurable nature it is being replaced with other
  immersion oils. This product will have a
  considerable share in the overall market in the
  coming years. Cedar wood type is made of stumps,
  roots and wood of leftover tree. Synthetic type
  is durable in nature and retains its color at a
  longer period of time. Synthetic product types
  are likely to have a considerable growth in the
  coming years.

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• On the basis of application, the immersion oil
  market has been categorized into microscopic
  instruments, elevated temperature instruments and
  automated hematology systems. Microscopic
  instruments are likely to have significant
  immersion oil demand in the upcoming years. The
  product is used in the standard microscopy and
  fluorescent microscopy instruments. Microscopic
  instruments utilize this product in order to
  obtain a clear image of the object under study.
  Automated hematology systems are also likely to
  increase product demand as immersion oil is
  primarily utilized for the smooth operation of
  these systems.
• Based on end-user industry, the immersion oil
  market has been categorized into healthcare
  life science, pharmaceuticals, educational
  research institutions and diagnostic
  laboratories. Healthcare life science segment
  is likely to have substantial product demand in
  the coming years due to increasing research
  studies related to human body cells in the field
  of biology.

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• Regional Analysis

• Asia Pacific is likely to have significant growth
  in the immersion oil market in the upcoming years
  due to increasing research and development
  activities in the region. Major countries
  including China, Japan, India, South Korea, etc.
  are engaged in the development of the microscopy
  science and biotechnology.
• North America will also be a key region due to
  well advanced medical and healthcare research
  facilities.

• Competitive Analysis

• Some of the key market players of immersion oil
  market, which include Ted Pella, VWR
  International, ELITechGroup, Nikon Industries,
  Structure Probe, Honeywell Research Chemicals,
  Leica Microsystems, Cargille Labs, Biognost,
  Einstinc and Cole-Parmer India.

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