ACTIVATION ANALYSIS MARKET ANALYSIS

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

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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.

Figure 2. Global Activation Analysis Market – Opportunity Analysis

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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

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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.