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  • Published On : Nov 2022
  • Code : CMI5306
  • Industry : Energy
  • Pages : 110
  • Formats :

Activation analysis (AA) is an analytical method for determining the (stable isotope) concentration of trace elements in the bulk of a sample. It is based on nuclear reactions induced in the sample by irradiating it either with ionizing or non-ionizing radiation and leading to radionuclides specific for any given element.

The global Activation Analysis market is projected to surpass US$ 273.7 Mn by the end of 2030, in terms of revenue, growing at CAGR of 4.8% during the forecast period (2022to 2030).

Drivers

Rising application of Fast Neutron Activation Analysis (FNAA) in Explosives, Propellants, and Various Polymers is mainly driving the market growth of activation analysis. Fast neutron activation analysis (FNAA) is based on the detection of the prompt gamma rays that are emitted from the nuclei in a sample following bombardment of the material with high energy (14 MeV) neutrons. The specific isotope of interest is identified both by the energy and half-life of the observed gamma ray while the concentration of the element is determined by measuring the intensity of the gamma ray at a known point in time after the neutron irradiation of the sample.

Benefits Associated with Fast Neutron Activation Analysis (FNAA) is mainly driving the market growth of activation analysis.Fast neutron activation analysis (FNAA) technique helps estimate nitrogen, chlorine, oxygen, and aluminum in explosives and propellants. Furthermore, FNAA helps determine nitrogen, oxygen, chlorine, and fluorine in various polymers. Moreover, the method helps determine the differential distribution of aluminum and ammonium perchlorate in aluminized explosives and rocket propellants.

Global Activation Analysis Market - Impact of Coronavirus (Covid-19) Pandemic

In March 2020, the initial phase of COVID-19 pandemic disrupted the supply chain of the material testing/analysis industry and had put its resilience and flexibility to test. Due to such interruptions to global trade, the projects under construction were delayed, which affected the global activation analysis market growth. The second phase of COVID-19 outbreak in 2021 caused major setbacks to the economy of many export-oriented countries such as China, Japan, the U.S., Germany, etc., owing to the shutting down of manufacturing plants in these countries. The installations of new manufacturing facilities were severely affected as social distancing, self-isolation, and city-wide lockdowns have forced many manufacturing facilities to shut their plants across the world.

Among region, Europe held dominant position in the global Activation Analysis market in 2021, accounting for 36% share in terms of revenue, followed by North America and Asia Pacific, respectively.

Figure 1. Global Activation Analysis Market, Revenue Share (%), By Region, 2021

Activation Analysis  | Coherent Market Insights

Market Restraints

Disadvantages associated with Fast Neutron Activation Analysis (FNAA) are factors hindering growth of the global activation analysis market. Fast Neutron activation analysis (FNAA) is an accurate method for measuring the elemental composition of a mineralized tissue sample. However, one disadvantage is that the samples become radioactive and a fairly large amount of material is needed. Fast Neutron activation analysis (FNAA) is essentially non-destructive; however, the irradiated sample remains radioactive for many years after the initial analysis, requiring handling and disposal protocols for low-level to medium-level radioactive material.

Moreover, as the number of suitable activation nuclear reactors is declining, with a lack of irradiation facilities, fast neutron activation analysis (FNAA) has declined in popularity and has become more expensive.

Market Opportunities

Increasing Applications of Fast Neutron Activation Analysis (FNAA) in terms of Water & Bulk Liquids is expected to provide lucrative opportunities for the market growth of activation analysis. Applications of fast neutron activation analysis (FNAA) of water have increased rapidly within the last few years and may be expected to increase in the future. For instance, fast neutron activation analysis (FNAA) is used for measuring the water level in a laboratory tank. In addition, fast neutron activation analysis is used for measuring the water flow in a pipe system set-up.

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Activation Analysis Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2021: US$ 273.7 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2022 to 2030
Forecast Period 2022 to 2030 CAGR: 4.8% 2030 Value Projection: US$ 415.0 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 Method Type: Instrumental Neutron Activation (INAA), Radiochemical Neutron Activation (RNAA), Epithermal Neutron Activation (ENAA), Prompt – gamma Neutron Activation Analysis (PGNAA), Fast Neutron Activation Analysis (FNAA), Others
  • By Application: Archaeology, Soil Science, Geology, Forensics, Semiconductor industry, Others
Companies covered:

Advance Research Instruments Co., AMETEK, Inc., Elemental Analysis, Inc., Frontier Technology Corporation, Malvern Panalytical Ltd., Nucleonix Systems, Realtime Group Limited, and Thermo Fisher Scientific

Growth Drivers:
  • Benefits Associated with Fast Neutron Activation Analysis (FNAA)
  • Rising Application of Fast Neutron Activation Analysis (FNAA) in Explosives, Propellants, and Various Polymers 
Restraints & Challenges:
  • Disadvantages Associated with Fast Neutron Activation Analysis (FNAA)

Figure 2. Global Activation Analysis Market – Opportunity Analysis

Activation Analysis  | Coherent Market Insights

Market Trends

Increasing Application of Fast Neutron Activation Analysis (FNAA) for Determining Trace Elements in Different Fields. Fast Neutron Activation Analysis (FNAA) is currently used for determining many elements, usually trace elements in different fields. In Archaeology, Fast Neutron Activation Analysis (FNAA) is use to find out the trace elements in Bone, ceramics, coins, glasses, painting, pottery, raw materials, soils & clays, etc.

Figure 3. Global Activation Analysis Market, Revenue Share (%), by application, in 2021

Activation Analysis  | Coherent Market Insights

Among application, The Semiconductor industry held dominant position in the market and accounted for 29% share in the global Activation Analysis market in 2020. The segment is expected to reach US$ 119.2 million in 2030. 

Competitive Section

Major players operating in the global activation analysis market include, Advance Research Instruments Co., AMETEK, Inc., Elemental Analysis, Inc., Frontier Technology Corporation, Malvern Panalytical Ltd., Nucleonix Systems, Realtime Group Limited, and Thermo Fisher Scientific.

Few Recent Developments

  • In August 2021, Thermo Fisher Scientific Inc., the company serving science, announced it had acquired Belgium-based viral vector manufacturer, Henogen SA, from Groupe and nd Mesa Biotech, Inc.
  • In February 2022, EDAX, LLC, a leader in X-ray microanalysis and electron diffraction instrumentation, added the Clarity Super to its Electron Backscatter Diffraction (EBSD) product line. The Clarity EBSD Detector Series is the first commercially available direct detector system designed for EBSD applications. The series includes the original Clarity, now called the Clarity Plus, and the new Clarity Super. EDAX LLC is a part of AMETEK.inc.
  • In April 2022, AMETEK Haydon Kerk Pittman (HKP), a business unit of AMETEK. Inc., a global designer and manufacturer of electronic instruments, announced a new size in its IDEA Motor series of brushless DC motors: 57mm. This EC057B joins the 42mm EC042B product introduced in 2019 and enhances an already popular line of motors with integrated, programmable drives.

Activation analysis (AA) is a primary analytical method for determining trace elements concentration in the bulk of a sample. Activation analysis is a highly sensitive non-destructive technique for qualitative and quantitative determination of atomic composition of a sample. It has been particularly useful for determination of elements in complex samples (minerals, environmental samples, biological and archaeological objects, etc.), because it provides a simple alternative to much more difficult, tedious and destructive techniques. Its main limitation is the demand for a strong irradiation source.

Market Dynamics:

On the basis of region, in 2021, Europe accounted for the largest share in terms of revenue and contributed for a revenue share of 36% in the activation analysis market globally. Moreover, Europe is predicted to record fastest growth in terms of revenue during the forecast period (2022 to 2030).

Among application, The Semiconductor industry held dominant position in the market and accounted for 29% share in the global Activation Analysis market in 2020. The segment is expected to reach US$ 119.2 million in 2030. 

Europe is also an emerging activation analysis market, owing to increasing product launches by the market players in the region

In 2021, DKSH Holding Ltd., a market expansion services provider firm, headquartered in Switzerland, launched ELEMENTRAC ON-p 2, a robust elemental analyzer for measurement of oxygen and nitrogen concentrations in inorganic materials such as steel, iron, copper or ceramics

The rising production of propellants in various countries is driving the global activation analysis market growth. For instance, in January 2018, according to the data published by 38 North Organization, a website devoted to informed analysis of North Korea, while a number of potential production facilities have been identified throughout the country, the No. 17 Explosives Factory and its branch factories near Hamhung have been identified as the most probable site for the manufacturing of the latest large solid-propellant rocket engines.

Key features of the study:

  • This report provides an in-depth analysis of the global activation analysis market, and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global activation analysis market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
  • Key companies covered as a part of this study Advance Research Instruments Co., AMETEK, Inc., Elemental Analysis, Inc., Frontier Technology Corporation, Malvern Panalytical Ltd., Nucleonix Systems, Realtime Group Limited, and Thermo Fisher Scientific.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics.
  • The global activation analysis market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global activation analysis market.

Detailed Segmentation:

  • Global Activation Analysis Market, By Method:
    • Instrumental Neutron Activation (INAA)
    • Radiochemical Neutron Activation (RNAA)
    • Epithermal Neutron Activation (ENAA)
    • Prompt – gamma Neutron Activation Analysis (PGNAA)
    • Fast Neutron Activation Analysis (FNAA)
    • Others
  • Global Activation Analysis Market, By Application:
    • Archaeology
    • Soil Science
    • Geology
    • Forensics
    • Semiconductor industry
    • Others
  • Global Activation Analysis Market, By Region:
    • North America
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Country:
        • U.K.
        • Italy
        • France
        • Germany
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      •   By Country:
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • Rest of Asia Pacific
    • Latin America
      • By Country:
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • By Sub-region:
        • Middle East
        • Africa
  • Company Profiles
    • Advance Research Instruments Co.*
      • Company Overview
      • Product Portfolio
      • Key Strategies
      • Recent Developments
      • Future Plans
    • AMETEK, Inc.
    • Elemental Analysis, Inc.
    • Frontier Technology Corporation
    • Malvern Panalytical Ltd.
    • Nucleonix Systems
    • Realtime Group Limited
    • Thermo Fisher Scientific

“*” marked represents similar segmentation in other categories in the respective section.

Frequently Asked Questions

Global activation analysis market was valued at around US$ 273.7 Million in 2021.
Rising application of Fast Neutron Activation Analysis (FNAA) in Explosives, Propellants, and Various Polymers is mainly driving the market growth of activation analysis.
Increasing Applications of Fast Neutron Activation Analysis (FNAA) in terms of Water & Bulk Liquids is expected to provide lucrative opportunities for the market growth of activation analysis.
Disadvantages Associated with Fast Neutron Activation Analysis (FNAA) are factors hindering growth of the market.
Major players operating in the market include, Advance Research Instruments Co., AMETEK, Inc., Elemental Analysis, Inc., Frontier Technology Corporation, Malvern Panalytical Ltd., Nucleonix Systems, Realtime Group Limited, and Thermo Fisher Scientific.
The compound annual growth rate (CAGR) of the market is 4.8% during the forecast period (2022-2030).

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