The global market for spectroscopy methods in catalysis was projected to reach USD 4.2 million in 2022, with an anticipated compound annual growth rate (CAGR) of 7.5% through 2032. The market is segmented by type, end-user, and region. Between 2024 and 2032, the market is estimated to grow by 1.56 times, creating an absolute dollar opportunity of over USD 3 million.
In 2020, the market experienced a year-over-year (Y-o-Y) decline of 5.6%, while in 2023, it is expected to show a Y-o-Y growth of 7.4%. In 2022, the market saw a surge in Y-o-Y growth of 6.2%.
Within the market segments, Surface-Enhanced Raman Spectroscopy (SERS) is expected to account for 25.6%. Additionally, Tip-Enhanced Raman Spectroscopy (TERS) is projected to hold nearly 22.0% of the market share in 2022 and is expected to grow at a CAGR of 8.8% during the forecast period.
Regionally, North America is anticipated to exhibit significant growth at a CAGR of 7.5%, projected to account for USD 1.5 million by 2022. Europe follows closely with a CAGR of 7.4%, estimated to reach USD 2 million by 2025.FutureWise Market Research has instantiated a report that provides an intricate analysis of Spectroscopy Method for Catalysis Market trends that shall affect the overall market growth.
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Spectroscopy Method for Catalysis Market Segmentation:
By Type
- Confocal Raman Spectroscopy (CRS)
- Modulated Raman Spectroscopy (MRS)
- Surface-Enhanced Raman Spectroscopy (SERS)
- Tip-Enhanced Raman Spectroscopy (TERS)
- UV-Vis Spectrophotometer Devices
By End-User
- Laboratories
- RD Institutions
- Academic Institutions
- Industries
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
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**Objectives of this Study: **
- To provide a comprehensive analysis of the Spectroscopy Method for Catalysis Market By Type, By End-User, and By Region.
- To offer detailed insights into factors such as drivers, restraints, trends, and opportunities, as well as segmental and regional influences on market growth.
- To evaluate current market trends and forecast micro-markets, presenting overall market projections in the form of data sets and PowerPoint presentations.
- To predict the market size in key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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