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Process Spectroscopy Market Expected to Reach USD 1,179.6 Million in 2019: Transparency Market Research
Date:7/22/2014

ALBANY, New York, July 22, 2014 /PRNewswire/ --


According to a new market report published by Transparency Market Research "Process Spectroscopy Market (Technology Types - Near infrared (NIR) spectroscopy, Raman spectroscopy and Fourier Transform infrared (FT-IR) spectroscopy) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the market was valued at USD 714.5 million in 2012 and is expected to grow at a CAGR of 7.4% from 2013 to 2019.

North America was the largest contributor to global process spectroscopy market in 2012. Asia Pacific region is expected to be the fastest growing market for process spectroscopy during the forecast period with a CAGR of 8.7% from 2013 to 2019. The rapid growth of process spectroscopy technologies in pharmaceutical and food and agriculture industries in Asia Pacific region, particularly in countries like China, Japan and India is driving the growth of process spectroscopy market in Asia Pacific region.

Browse the full Process Spectroscopy Market Report with TOC at http://www.transparencymarketresearch.com/process-spectroscopy-market.html

Advancement in technologies, demand for matching international quality standards and the cost and time saving approach of companies in various industries has increased the usage of process spectroscopy. Additionally, the implementation of process analytical technologies for pharmaceutical industry by FDA (Food and Drug Administration) in the United States is expected to fuel the growth of process spectroscopy market in North America region.

Increasing adoption of Raman spectr
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SOURCE www.transparencymarketresearch.com
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