Key players are focusing on increasing their presence in this growing Tensiometer market through both organic as well as inorganic growth strategies, such as product launches, agreements, partnerships, collaborations, and expansions. Due to the intense competition in this market, various market players are increasingly focusing on expanding their geographic presence in high-growth emerging markets.

The report "Tensiometer Market by Product (Optical, Force, Volumetric, Bubble Pressure Tensiometer, Accessories), Industry (Chemical, Oil & Gas, Energy, Pharmaceutical, Medical Devices, Cosmetics, Research Laboratory), Region - Global Forecast to 2024", is projected to reach USD 151 million by 2024 from USD 103 million in 2019, at a CAGR of 7.9% during the forecast period.

On the basis of industry, the tensiometer market is segmented into chemical, oil & gas, energy, pharmaceutical & biopharmaceutical, medical device, cosmetic, and other industries (food & beverage, materials & composite, textile, and paper & packaging industries). The chemical industry segment accounted for the largest share of the tensiometers market in 2018. The large share of this segment is primarily attributed to the need to ensure high-quality products and the increasing demand for the characterization of surface interaction analysis of chemical compounds.

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On the basis of product, the tensiometer market is segmented into optical tensiometers, force tensiometers, volumetric tensiometers, bubble pressure tensiometers, and accessories. The optical tensiometers segment is expected to account for the largest market share in 2019. The large share of this segment is mainly attributed to the large adoption of optical tensiometers in the chemical, oil & gas, energy, pharmaceutical, and material & coating industries in the R&D and quality control of products.

The prominent players in this market are KRÜSS GmbH (Germany) Biolin Scientific AB (Sweden), DataPhysics Instruments GmbH (Germany), Kyowa Interface Science Co. Ltd. (Japan), LAUDA Scientific GmbH (Germany), TECLIS Scientific (France), Apex Instruments Co. Pvt. Ltd. (India), Pro-Pack Materials (Singapore), USA KINO Industry Co. Ltd. (US), and Kibron Inc. Oy (Finland).

KRÜSS GmbH (Germany) was the leading player in the tensiometer market and accounted for the largest share in 2018. The company is a leading provider of innovative and advanced measuring instruments for surface and interfacial chemistry. The company has a robust portfolio of tensiometers for industrial quality assurance and scientific research applications. KRÜSS’s position in the market can be attributed to its strong distribution network and its subsidiaries across the globe, which enables it to serve customers in North America, Europe, and the Asia Pacific.

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The Asia Pacific is expected to account for the largest share of the global tensiometer market in 2019, followed by North America. The large share of the Asia Pacific can be attributed to the growing R&D activities, increasing research collaborations with the US and European countries, and the large adoption of tensiometers in China.

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