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THERMAOGRAVIMETRIC ANALYZER (TGA) MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025 - 2032)

Thermaogravimetric Analyzer (TGA) Market, By Product Type (Suspension System, Top-loading System, and Horizontal System), By Application (Moisture and Volatile Content Analysis, Compositional Analysis, Thermal and Oxidative Stability, Corrosion, Oxidation and Reduction, Decomposition Kinetics Analysis, and Others), By Industry Vertical (Petrochemical, Food Science, Pharmaceutical, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)

  • Published In : 23 Oct, 2025
  • Code : CMI8764
  • Pages :155
  • Formats :
      Excel and PDF
  • Industry : Advanced Materials
  • Historical Range: 2020 - 2024
  • Forecast Period: 2025 - 2032

Global Thermogravimetric Analyzer (TGA) Market Size and Forecast – 2025-2032

The Global Thermaogravimetric Analyzer (TGA) Market is estimated to be valued at USD 583.9 Mn in 2025 and is expected to reach USD 1,054.7 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 8.8% from 2025 to 2032.

Key Takeaways of the Global Thermogravimetric Analyzer (TGA) Market

  • The suspension system segment lead the market holding an estimated share of 41.6% in 2025.
  • The moisture and volatile content analysis segment is expected to dominate with a share of 27.7% in 2025.
  • The petrochemical segment lead the market holding a projected share of 39.1% in 2025.
  • North America, holding an expected share of 29.4% in 2025, and dominate the market.
  • Asia Pacific, holding a projected share of 18.9% in 2025, and shows the fastest growth in the market.

Market Overview

The market sees rising demand for advanced TGA instruments with improved sensitivity and automation capabilities. Use of TGA with complementary analytical techniques and digital solutions is becoming popular, making possible more comprehensive material characterization. Also, growing research and development activities and strict regulatory standards are driving innovation and expanded application areas, further fueling the market’s sustained expansion globally.

Current Events and Its Impact

Current Events

Description and its Impact

Geopolitical and Trade Developments

  • Description: U.S.–China Technology Export Restrictions
  • Impact: Restrictions on high-precision sensors and analytical microbalances increase procurement costs and limit component availability for TGA manufacturers relying on Asian suppliers.
  • Description: European Union–U.S. Science Collaboration Frameworks
  • Impact: Renewed agreements on joint R&D in materials science enhance collaborative research funding, supporting higher adoption of advanced TGAs in universities and research labs.
  • Description: India’s “Make in India” Initiative for Analytical Instruments
  • Impact: This encourages local production of laboratory equipment, reducing import dependency and fostering regional manufacturing partnerships in the TGA segment.

Economic and Industrial Trends

  • Description: Rising Investment in R&D for Advanced Materials and Batteries
  • Impact: Increased demand for TGA systems used to study material stability, decomposition, and thermal resistance across energy storage and polymer sectors.
  • Description: Inflation and Semiconductor Component Shortages
  • Impact: This sscalates production costs for precision electronics and temperature controllers used in TGAs, potentially leading to higher end-user pricing.
  • Description: Expansion of Pharmaceutical Manufacturing Infrastructure
  • Impact: This boosts adoption of TGAs for formulation stability and excipient analysis in drug development and quality control labs.

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Segmental Insights

Thermaogravimetric Analyzer (TGA) Market By Product Type

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Global Thermogravimetric Analyzer (TGA) Market Insights, By Product Type – Suspension System Dominates Because of Precision and Sensitivity

The suspension system segment, holding a 41.6% share in 2025, dominates the global Thermogravimetric Analyzer (TGA) market because of its exceptional precision, sensitivity, and vibration isolation needed for high-accuracy thermal measurements. Suspension-based TGAs reduce external interference and drift, allowing reproducible results even in demanding lab environments.

These systems are used in polymer research, nanomaterials, and pharmaceutical testing, where even microgram-level weight changes can affect product formulation or performance. For instance, NETZSCH-Gerätebau’s STA 449 F3 Jupiter, with an advanced suspension design, allows ultra-stable measurements and seamless integration with Evolved Gas Analysis (EGA) tools for comprehensive material characterization.

Researchers also choose suspension TGAs because of their ability to handle smaller sample sizes with consistent accuracy and flexibility in different sample types like powders and film, making them useful for advanced R&D and quality assurance applications.

Global Thermogravimetric Analyzer (TGA) Market Insights, By Application – Dominance of Moisture and Volatile Content Analysis to Address Quality and Safety Demands

The moisture and volatile content analysis segment holds a share of 27.7% in 2025 because of the need for tight quality control and regulatory compliance in industries like pharmaceuticals, food processing, and petrochemicals. Moisture content directly impacts stability, safety, and shelf life, making precise TGA-based testing essential.

For example, PerkinElmer’s Pyris TGA 9 helps pharmaceutical labs allow uniformity and prevent degradation by providing accurate moisture loss data under controlled heating conditions.

Rising global regulations and sustainability concerns have also pushed manufacturers toward TGAs for fast, non-destructive moisture measurement and Volatile Organic Compound (VOC) detection.

Global Thermogravimetric Analyzer (TGA) Market Insights, By Industry Vertical – Petrochemical Segment Lead Because of Growing Need for Material Characterization and Process Optimization

The petrochemical, commanding around 39.1% of the Thermogravimetric Analyzer (TGA) market in 2025, remains the largest end user due to its heavy reliance on material characterization and process optimization. TGAs provide vital data on thermal stability, oxidation, and degradation of polymers, catalysts, and fuels—critical for improving product performance and refining processes.

s the sector focuses on energy-efficient and cleaner operations, TGAs play a big role in studying feedstock behavior and reducing emissions. For instance, TA Instruments collaborates with leading refineries to supply advanced TGA-DSC systems used in catalyst life-cycle testing and polymer degradation analysis, supporting sustainable production goals.

With the use of TGA data in digital process control systems, petrochemical plants can now perform predictive maintenance and real-time monitoring, improving both yield and operational safety—further reinforcing this industry’s leading position in TGA adoption.

Pricing Analysis of the Global Thermogravimetric Analyzer (TGA) Market

Item (product/service)

Typical Price (USD)

Price Range (USD)

Entry-level/compact benchtop TGA (new, basic specs)

USD 25,000.00

USD 10,000.00 – USD 35,000.00

Mid-range research benchtop TGA (higher sensitivity, autosampler optional)

USD 50,000.00

USD 35,000.00 – USD 75,500.00

High-end research/floorstanding TGA (wide temp range, high precision)

USD 110,000.00

USD 75,000.00 – USD 200,000.00

Simultaneous TGA-DSC/STA systems (combined TG + DSC)

USD 140,000.00

USD 100,000.00 – USD 240,000.00

High-Pressure TGA (HP-TGA) systems

USD 180,000.00

USD 120,000.00 – USD 300,000.00

Portable/field/compact analyzers

USD 15,000.00

USD 10,000.00 – USD 25,000.00

Autosampler/automatic sample changer (add-on)

USD 25,000.00

USD 10,000.00 – USD 50,000.00

Consumables — sample pans/crucibles (typical pack)

USD 150.00

USD 36.00 – USD 945.95 (per pack/qty & material)

Calibration kit/single calibration visit (per instrument)

USD 1,600.00

USD 400.00 – USD 3,000.00

Annual service/preventive maintenance contract (multi-level)

USD 7,500.00

USD 2,500.00 – USD 25,000.00 (or ~5–12% of instrument cost)

Major spare part (e.g., replacement furnace, balance assembly)

USD 8,000.00

USD 1,000.00 – USD 25,000.00

Refurbished/used TGA (typical market price)

USD 12,500.00

USD 3,500.00 – USD 60,000.00

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Regional Insights

Thermaogravimetric Analyzer (TGA) Market By Regional Insights

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North America Thermogravimetric Analyzer (TGA) Market Analysis and Trends

North America, holding a share of 29.4% in 2025, dominates the global Thermogravimetric Analyzer (TGA) market, because of by a mature industrial ecosystem, extensive research institutions, and a strong emphasis on quality control in pharmaceuticals, chemicals, and materials science. The region sees well-established government policies that use innovation and advanced analytical technologies through funding and regulatory frameworks, particularly from agencies like the FDA and EPA. The presence of big instrument manufacturers like TA Instruments and PerkinElmer, alongside a robust network of distributors and service providers, strengthens the market.

Also, strategic partnerships between universities and industry players add to continuous product enhancements and new applications, maintaining North America's leading position. Trade dynamics also favor technology exchange and collaborations with Europe and Asia Pacific, consolidating its market leadership.

Asia Pacific Thermogravimetric Analyzer (TGA) Market Analysis and Trends

The Asia Pacific, holding a share of 18.9% in 2025, exhibits the fastest growth in the Thermogravimetric Analyzer (TGA) market because of fast industrialization, expanding pharmaceutical and chemical sectors, and growing investments in research and development. Countries like China, India, Japan, and South Korea have implemented favorable government policies to boost scientific instrumentation and innovation infrastructure. Increasing awareness about material characterization and strict environmental norms are accelerating TGA adoption.

Also, the rise of manufacturing hubs and growing collaborations with global players propel the market’s expansion. Notable local and multinational companies such as Shimadzu Corporation, NETZSCH Group, and Beijing Persee Instrument Co. Ltd. actively invest to cater to expanding demands, including customization of solutions fit for regional industries.

Thermogravimetric Analyzer Market Outlook for Key Countries

U.S. Thermogravimetric Analyzer (TGA) Market Analysis and Trends

The U.S. sees advanced research capabilities and strong demand from pharmaceuticals, polymers, and petrochemicals. Big players like TA Instruments and PerkinElmer have huge operational bases, adding to innovation and offering high-performance TGAs. Government incentives for environmental testing and quality assurance also add to market growth. Collaborative R&D projects with universities and industrial players also improve product development made for complex applications.

Germany Thermogravimetric Analyzer (TGA) Market Analysis and Trends

Germany Thermogravimetric Analyzer (TGA) market sees a highly industrialized landscape with a focus on automotive, chemicals, and materials research. Strong government support for Industry 4.0 and environmental regulations make a fertile ground for TGA adoption. Big contributors include NETZSCH Group and Bruker, both headquartered in Germany, which offer technologically advanced analyzers and have a strong foothold in Europe. The regional emphasis on precision engineering elevates demand for reliable thermal analysis devices.

China Thermogravimetric Analyzer (TGA) Market Analysis and Trends

China Thermogravimetric Analyzer (TGA) market is evolving fast with government initiatives promoting scientific instrumentation manufacturing and adoption. Growing pharmaceutical production, increasing environmental monitoring activities, and a focus on advanced material research are big growth drivers. Domestic manufacturers like Beijing Persee Instrument have grown significantly, supported by partnerships with global leaders such as Shimadzu. The growing industrial base and government-supported innovation centers make a vibrant and competitive market environment.

Japan Thermogravimetric Analyzer (TGA) Market Analysis and Trends

Japan is a significant hub for high-quality equipment manufacturing and research in electronics, materials science, and pharmaceuticals. The market features established domestic manufacturers including Shimadzu Corporation, which is a global leader in TGA technology. Japanese government policies encouraging automation and high-precision instrumentation emphasize stringent quality control, influencing market demand. Strong export capabilities position Japan as both a supplier and consumer in the global TGA market.

India Thermogravimetric Analyzer (TGA) Market Analysis and Trends

India Thermogravimetric Analyzer (TGA) market shows rapid expansion supported by increasing scientific research activities and growing chemical and pharmaceutical industries. Government initiatives such as “Make in India” and increased funding for analytical laboratories encourage the use of advanced thermal analysis tools. International companies are forging partnerships with domestic distributors to meet growing demand. While import dependency remains significant, local market players are also gradually increasing their presence to address cost-sensitive applications. The focus on environmental testing and quality assurance drives usage across academic and industrial sectors.

Market Players, Key Development, and Competitive Intelligence

Thermaogravimetric Analyzer (TGA) Market Concentration By Players

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Key Developments

  • In July 2025, Rigaku Corporation, a Group company of Rigaku Holdings Corporation, launched worldwide sales of STAvesta, a thermal analyzer that simultaneously measures a sample’s weight and change in calorific value during heating.
  • In January 2025, Waters Corporation announced the launch of TGA Smart-Seal Pans from its TA Instruments Division. The innovative, self-opening sample container is designed to enable analysis of atmosphere-sensitive samples in laboratory benchtop-installed Discovery Series Thermogravimetric Analyzers (TGA).
  • In August 2024, PerkinElmer launched the new Pyris TGA 9, DSC 9, and STA 9 systems: a new generation of compact, durable, and low-maintenance thermal analysis systems.

Top Strategies Followed by the Thermogravimetric Analyzer (TGA) Market Players

  • Established companies dominate the market with a strong emphasis on research and development (R&D). These market leaders invest heavily in innovating high-performance TGA products that offer enhanced accuracy, reliability, and advanced functionalities to meet the evolving demands of industries such as pharmaceuticals, chemicals, and materials science.
    • In 2024, NETZSCH expanded its STA 449 F3 Jupiter line with enhanced modular options and integrated Evolved Gas Analysis (EGA) through R&D, enabling simultaneous TGA–DSC–MS/FTIR coupling for advanced material characterization.
  • Mid-level players in the Thermogravimetric Analyzer (TGA) market adopt a strategy centered around offering cost-effective solutions that deliver a balanced combination of quality and affordability.
    • LINSEIS Messgeräte GmbH markets competitively priced TGAs such as the TGA PT 1600 series, offering high-temperature capability at lower cost than top-tier brands, targeting universities and mid-size industrial labs.
  • Small-scale players in the global Thermogravimetric Analyzer (TGA) market tend to concentrate on carving out niche segments by delivering specialized or highly innovative products tailored to specific applications or customer needs.
    • Precisa Gravimetrics AG specializes in prepASH automated thermogravimetric analyzers for moisture and ash content determination in food and agriculture sectors—filling a niche outside the high-end R&D domain.

Market Report Scope

Thermaogravimetric Analyzer (TGA) Market Report Coverage

Report Coverage Details
Base Year: 2024 Market Size in 2025: USD 583.9 Mn
Historical Data for: 2020 To 2024 Forecast Period: 2025 To 2032
Forecast Period 2025 to 2032 CAGR: 8.8% 2032 Value Projection: USD 1,054.7 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Product Type: Suspension System, Top-loading System, and Horizontal System
  • By Application: Moisture and Volatile Content Analysis, Compositional Analysis, Thermal and Oxidative Stability, Corrosion, Oxidation and Reduction, Decomposition Kinetics Analysis, and Others
  • By Industry Vertical: Petrochemical, Food Science, Pharmaceutical, and Others 
Companies covered:

Aimil Ltd, Hitachi High-Tech Corporation, ELTRA GmbH, LECO, Linseis GmbH, METTLER TOLEDO, PerkinElmer Inc., Shimadzu Corporation, and TA Instruments  

Growth Drivers:
  • Growing R&D and quality-control demand in polymers, batteries, pharmaceuticals
  • Increasing adoption of advanced materials requiring thermal characterization
Restraints & Challenges:
  • High capital and service cost of research-grade TGA systems
  • Supply-chain/component shortages and long lead times for specialized microbalances/electronics

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Market Dynamics

Thermaogravimetric Analyzer (TGA) Market Key Factors

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Global Thermogravimetric Analyzer (TGA) Market Driver – Growing R&D and Quality-Control Demand in Polymers, Batteries, Pharmaceuticals

The increasing emphasis on innovation and stringent quality standards across industries such as polymers, batteries, and pharmaceuticals is significantly driving the adoption of Thermogravimetric Analyzers (TGA). In the polymers sector, manufacturers rely heavily on precise thermal stability and compositional analysis to enhance material performance and durability, making TGAs an indispensable tool for research and development. Similarly, the booming battery industry, particularly with the rise of electric vehicles and portable electronics, demands rigorous evaluation of thermal properties to ensure safety, efficiency, and longevity of battery components.

In the pharmaceutical industry, TGAs play a critical role in quality control and drug formulation processes by offering accurate measurements of moisture content, decomposition, and thermal stability, which are crucial for regulatory compliance and product efficacy. Collectively, these sectors’ escalating need for reliable thermal analysis solutions to innovate and maintain product integrity is propelling the broader adoption and integration of thermogravimetric analyzers in laboratories and production environments worldwide.

Global Thermogravimetric Analyzer (TGA) Market Opportunity – Innovation in Consumables, Accessories, and Recurring-Revenue Models

The global Thermogravimetric Analyzer (TGA) market presents a significant opportunity through the development and enhancement of consumables and accessory products, alongside the adoption of recurring-revenue business models. As TGAs rely heavily on specialized crucibles, sensors, and gas flow controllers—components that require periodic replacement or upgrading—there is a steady demand for high-quality consumables. Innovations in these consumables, such as improved durability, compatibility with diverse sample types, and eco-friendly materials, can drive higher customer retention and differentiate market players.

Moreover, the advancement of sophisticated accessories, including advanced sample holders, automation modules, and integrated software solutions, enhances the functionality and precision of TGA instruments, appealing to research institutions and industrial users seeking optimized performance. Parallelly, the shift towards recurring-revenue models, through subscription-based services for consumable supplies, maintenance contracts, and software updates, offers firms a stable and predictable income stream. This strategy not only deepens customer engagement by fostering long-term relationships but also enables continuous innovation, creating opportunities for upselling and cross-selling.

Analyst Opinion (Expert Opinion)

  • The polymer and advanced materials industries continue to be the largest adopters of TGA systems, driven by increasing R&D in lightweight composites, flame-retardant materials, and recyclability testing. Manufacturers rely on TGAs to evaluate thermal stability, filler content, and degradation profiles—critical parameters for aerospace, automotive, and packaging applications.
  • The pharmaceutical sector is significantly boosting TGA demand as drug developers use thermogravimetric analysis for excipient compatibility, moisture determination, and thermal decomposition studies. With stringent global regulatory standards (e.g., USP, EMA), pharmaceutical quality-control and formulation labs are investing in high-precision TGAs and integrated DSC–TGA systems to ensure product consistency and compliance.
  • The accelerating shift toward electrification and sustainable energy solutions is stimulating demand for TGAs in analyzing electrode and electrolyte stability, decomposition temperatures, and combustion residues. Additionally, environmental testing labs are employing TGAs for waste characterization, fuel efficiency studies, and material recycling assessments—broadening the instrument’s industrial footprint beyond traditional R&D use.

Market Segmentation

  • Product Type Insights (Revenue, USD Mn, 2020 - 2032)
    • Suspension System
    • Top-loading System
    • Horizontal System
  • Application Insights (Revenue, USD Mn, 2020 - 2032)
    • Moisture and Volatile Content Analysis
    • Compositional Analysis
    • Thermal and Oxidative Stability
    • Corrosion, Oxidation and Reduction
    • Decomposition Kinetics Analysis
    • Others
  • Industry Vertical Insights (Revenue, USD Mn, 2020 - 2032)
    • Petrochemical
    • Food Science
    • Pharmaceutical
    • Others
  • Regional Insights (Revenue, USD Mn, 2020 - 2032)
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
    • Europe
      • Germany
      • U.K.
      • Spain
      • France
      • Italy
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
    • Middle East
      • GCC Countries
      • Israel
      • Rest of Middle East
    • Africa
      • South Africa
      • North Africa
      • Central Africa
  • Key Players Insights
    • Aimil Ltd
    • Hitachi High-Tech Corporation
    • ELTRA GmbH
    • LECO
    • Linseis GmbH
    • METTLER TOLEDO
    • PerkinElmer Inc.
    • Shimadzu Corporation
    • TA Instruments

Sources

Primary Research Interviews

Stakeholders

  • Instrument Manufacturers and Suppliers
  • Laboratory Equipment Distributors and Calibration Service Providers
  • R&D Managers and Quality Control Heads from Polymer, Pharmaceutical, and Battery Material Companies
  • Research Scientists and Professors from Universities specializing in Thermal Analysis and Materials Science
  • Process Engineers from Energy Storage and Environmental Testing Facilities
  • Procurement Heads from Industrial Research Laboratories and Contract Testing Firms

Databases

  • European Materials Research Database (EMRD)
  • U.S. Analytical Instrumentation Census
  • ThermoTech Insights Database
  • OECD Science, Technology and Industry Scoreboard
  • Asian Materials and Instrumentation Index (AMII)

Magazines

  • Laboratory Equipment Review
  • Thermal Analysis Today
  • Analytical Instruments World
  • Materials Evaluation Monthly
  • Scientific Instrumentation Digest

Journals

  • Journal of Thermal Analysis and Calorimetry
  • Thermochimica Acta
  • Materials Characterization Journal
  • Journal of Analytical and Applied Pyrolysis
  • Advanced Materials Testing and Characterization Journal

Newspapers

  • The Engineering Times
  • LabNews International
  • The Science Business Daily
  • The Economic Times (India)
  • The Guardian (UK)

Associations

  • International Confederation for Thermal Analysis and Calorimetry (ICTAC)
  • American Chemical Society (ACS) – Division of Analytical Chemistry
  • Materials Research Society (MRS)
  • International Union of Pure and Applied Chemistry (IUPAC)
  • European Federation of Materials Science Societies (FEMS)

Public Domain Sources

  • U.S. Department of Commerce – Bureau of Industry and Security (BIS)
  • EUROSTAT
  • World Bank Open Data Repository
  • United Nations Industrial Development Organization (UNIDO)
  • ResearchGate
  • ScienceDirect

Proprietary Elements

  • CMI Data Analytics Tool
  • Proprietary CMI Existing Repository of Information for the Last 8 Years

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About Author

Yash Doshi is a Senior Management Consultant. He has 12+ years of experience in conducting research and handling consulting projects across verticals in APAC, EMEA, and the Americas.

He brings strong acumen in helping chemical companies navigate complex challenges and identify growth opportunities. He has deep expertise across the chemicals value chain, including commodity, specialty and fine chemicals, plastics and polymers, and petrochemicals. Yash is a sought-after speaker at industry conferences and contributes to various publications on topics related commodity, specialty and fine chemicals, plastics and polymers, and petrochemicals.

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Frequently Asked Questions

The global Thermogravimetric Analyzer (TGA) market is estimated to be valued at USD 583.9 million in 2025 and is expected to reach USD 1,054.7 million by 2032.

The CAGR of the global Thermogravimetric Analyzer (TGA) market is projected to be 8.8% from 2025 to 2032.

Growing R&D and quality-control demand in polymers, batteries, pharmaceuticals and increasing adoption of advanced materials requiring thermal characterization are the major factors driving the growth of the global Thermogravimetric Analyzer (TGA) market.

High capital and service cost of research-grade TGA systems and supply-chain/component shortages and long lead times for specialized microbalances/electronics are the major factors hampering the growth of the global Thermogravimetric Analyzer (TGA) market.

In terms of product type, the suspension system is estimated to dominate the market revenue share in 2025.

A TGA measures changes in a material’s weight as it is heated, cooled, or held at a constant temperature to analyze thermal stability and composition.

They assess thermal decomposition, electrolyte evaporation, and the safety profiles of battery materials.

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