Brittleness Tester Market Trends

Growth Drivers

• Growing demand in the chemical & pharmaceutical industry - The market is poised to grow significantly in the coming years, notably due to increased demand for liquid nitrogen. Moreover, substantial opportunities for expansion of the market in the future are expected to be created by increased demand for nitrogen as a biological sample preservation agent. In addition, the market is foreseen to be expanded by the growth of new establishments by the players.
  
  Air Products, a prominent company in the field of industrial gases, has started up new oxygen and nitrogen production plants. In another instance, Air Products formally opened a USD 33 million liquid nitrogen facility at JBS Parkway on June 8, 2022.
• Escalating integration of automation and robotics - The adoption of automation and robotics in manufacturing processes is raising the market expansion in the studied period. Brittleness testers can be automated to perform repetitive testing tasks efficiently and consistently, reducing human error and enhancing overall production throughput.

Challenges

• High cost of tester - The main obstacles to market growth in the forecast period are foreseen to be high costs of production and high-value transport.
• Challenges posed by the COVID-19 pandemic - As a result of the COVID-19 outbreak, the industry was immediately shut down, which hurt the market. Exports of raw materials have also been hampered by the lack of imports, and the expansion of the market in the forecast period has been hampered by reduced demand from end users.