PAI 2024: The Process Analytical Instrument Market Report
PAI/2024 is the latest edition of the PAI report series, providing worldwide product forecasts for 2022-2028 (by year). The product forecasts are shown by major end-user market segment and by geographic region. The report identifies the leading suppliers in each of the technology categories including liquid analyzers, photometers/spectroscopy, oxygen, gas chromatography, mass spectrometers, moisture analyzers, advanced analyzers and other continuous process analyzers. In 2023, the process analytical instruments (PAI) market accounted for $5.9 billion and is experiencing robust growth, fueled by new hydrocarbon processing projects, particularly in Asia-Pacific. Sustainability, carbon capture and alternative fuels continue to be industry drivers for analyzer companies.