According to a market report by Lucintel, the future of the global XRF market looks promising with opportunities in the mining, cement, food & pharmaceutical, environmental, and petroleum & chemical markets. The global XRF market is expected to grow with a CAGR of 4.6% from 2025 to 2031. The major drivers for this market are the increasing demand for material composition analysis, the rising adoption in mining & metals testing, and the growing use in environmental monitoring applications.A more than 150-page report to understand trends, opportunity and forecast in XRF market to 2031 by type (energy dispersive and wavelength dispersive), application (mining, cement, food & pharmaceutical, environmental, petroleum & chemicals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, energy dispersive is expected to witness higher growth over the forecast period.
Within the application category, mining is expected to witness the highest growth.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
AMETEK, Thermo Fisher, Bruker, Rigaku, Shimadzu, Olympus Corporation, Skyray, HORIBA, Hitachi High-tech, Malvern Panalytical are the major suppliers in the XRF market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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