1. Global Laboratory Mills Market Revenue and Future Growth
In 2024, the global Laboratory Mills market revenue is projected to reach 356.33 million USD. The market is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 4.70% from 2024 to 2033.
Laboratory Mills are essential tools used primarily for sample preparation prior to analysis. They utilize particle size reduction (comminution) to grind or homogenize a wide range of materials, including wet, dry, hard, soft, elastic, brittle, and fibrous substances. These mills are indispensable in laboratories across various scientific fields, such as chemistry, pharmaceuticals, food analysis, materials testing, and life sciences.
Figure Global Laboratory Mills Market Size (M USD) and CAGR (2024-2033)
2. Driving Factors and Limiting Factors of Laboratory Mills Market
The growth of the Laboratory Mills market is primarily driven by the increasing global investment in scientific research. As countries and regions continue to invest more in research and development, the number of scientific activities and the demand for Laboratory Mills products rise accordingly. For instance, between 2014 and 2018, global science expenditures increased by 19%, and the number of scientists grew by 13.7%. This trend is expected to continue, with UNESCO calling for even greater investment in research and innovation to achieve digital and green transformations.
Another significant driving factor is the stable and expanding downstream demand for Laboratory Mills products. These products are widely used in various industries, including the biopharmaceutical sector, which has seen increased investment due to the COVID-19 pandemic. The need for efficient and precise sample preparation in drug experiments and other scientific research has led to a growing demand for Laboratory Mills, promoting the development of the industry.
However, the market also faces some limiting factors. One of the main challenges is the intense competition in new regions. As the market expands, companies may face more intense competition, which could hinder growth. Additionally, the high cost of research and development and the need for continuous innovation to stay competitive can be a barrier for some companies. The market requires companies to invest heavily in R&D to introduce new products and improve existing ones, which can be a significant financial burden.
3. Technology Innovation in the Laboratory Mills Market
Technology innovation plays a crucial role in the Laboratory Mills market. Companies are constantly developing new products and improving existing ones to meet the evolving needs of the scientific community. For example, RETSCH has developed the first hybrid ball mill on the market that can monitor the temperature of the grinding process. The MM 500Control is a high-energy laboratory ball mill that continuously monitors the temperature during the entire grinding process, offering a high degree of flexibility in temperature adjustment. This kind of innovation not only enhances the functionality of the Laboratory Mills but also improves the efficiency and accuracy of sample preparation.
4. Global Laboratory Mills Market by Types
Laboratory Mills come in various types, each designed to meet specific grinding requirements. The main types include Ball Mills, Disc Mills, Rotor Mills, and Cutting Mills.
Ball Mills are the most common type of Laboratory Mills. They use high-energy impacts from grinding balls to crush materials. The grinding bowl containing the material and the grinding balls rotates around its own axis on a main plate that rotates in opposite directions. Ball Mills are indispensable for fast and repeatable grinding of a variety of materials. In 2024, the market revenue for Ball Mills is projected to be 171.52 M USD, accounting for the largest market share among all types.
Disc Mills crush materials through the pressure and shear between two counteracting discs with coarse interlocking teeth. The ground material automatically falls into the collection tray through the preset grinding gap. Disc Mills can usually be used for batch or continuous fine grinding of brittle and very hard materials. The market revenue for Disc Mills in 2024 is forecasted to be 41.36 M USD.
Rotor Mills are multi-purpose mills designed for fast crushing of medium-hard to soft materials, even temperature-sensitive products. A high-speed rotor with shaped ribs crushes the sample by impact force. In addition, sharp teeth and sieve plates reduce the sample by shearing. The market revenue for Rotor Mills in 2024 is expected to be 35.50 M USD.
Cutting Mills use a rotating knife combined with a fixed knife to slice the sample. The cut material remains in the grinding chamber until the desired final fineness is reached. It is then discharged into the collection container by means of a constant airflow through the mesh of the replaceable screen insert. Cutting Mills are often used to pulverize dry sample materials, fibrous materials, or cellulosic materials with soft to medium-hard consistency. The market revenue for Cutting Mills in 2024 is projected to be 66.35 M USD.
Among these types, Ball Mills have the largest market share due to their versatility and ability to handle a wide range of materials.
Table Global Laboratory Mills Market Size by Type in 2024
Type | Market Size (M USD) 2024 |
Ball Mill | 171.52 |
Disc Mill | 41.36 |
Rotor Mill | 35.50 |
Cutting Mill | 66.35 |
Others | 41.61 |
5. Global Laboratory Mills Market by Applications
Bio and Pharmaceutical Industry is one of the most significant users of Laboratory Mills. In this industry, Laboratory Mills are used to grind drugs and other biological samples for research and development purposes. The precision and efficiency of Laboratory Mills are crucial in this field, as they help improve the grinding efficiency and avoid contamination, which is essential for accurate experimental results. The market revenue for Laboratory Mills in the Bio and Pharmaceutical Industry in 2024 is forecasted to be 148.68 M USD.
Chemical Industry also relies heavily on Laboratory Mills for sample preparation. The industry requires precise grinding of various chemicals to ensure accurate analysis and quality control. The market revenue for Laboratory Mills in the Chemical Industry in 2024 is expected to be 60.65 M USD.
Agriculture Industry uses Laboratory Mills for grinding soil, seeds, and other agricultural samples. This helps in analyzing the composition and quality of agricultural products, which is essential for improving crop yields and ensuring food safety. The market revenue for Laboratory Mills in the Agriculture Industry in 2024 is projected to be 90.13 M USD.
Table Global Laboratory Mills Market Size by Application in 2024
Application | Market Size (M USD) 2024 |
Bio and Pharmaceutical Industry | 148.68 |
Chemical Industry | 60.65 |
Agriculture Industry | 90.13 |
Others | 56.87 |
6. Global Laboratory Mills Market Size by Region
In 2024, the global Laboratory Mills market is poised to exhibit a diverse revenue landscape across major regions. The United States is anticipated to lead with a revenue of 108.81 million USD, reflecting its robust scientific research infrastructure and significant investment in the biopharmaceutical and chemical industries. Europe, excluding Switzerland, Germany, and the UK, follows closely with an estimated revenue of 72.63 million USD. This region’s strong presence in the chemical and pharmaceutical sectors, coupled with its advanced research facilities, contributes to its substantial market share.
China is emerging as a significant player, with a projected revenue of 65.16 million USD. The country’s rapid economic growth, coupled with increasing R&D expenditure in various scientific fields, is driving the demand for Laboratory Mills. Japan, known for its technological advancements, is expected to generate a revenue of 15.92 million USD. The country’s focus on precision engineering and material science research supports the market’s growth.
Figure Global Laboratory Mills Market Share by Region in 2024
7. Global Laboratory Mills Market Analysis by Major Players
7.1 RETSCH
Company Introduction and Business Overview: RETSCH, established in 1915 and headquartered in Germany, is a leading solution provider for size reduction and particle sizing technology. The company has a global sales network with subsidiaries in the US, China, Japan, India, and several European countries. RETSCH’s philosophy is centered on customer orientation and leading-edge technology, ensuring high-quality components designed for perfect interaction.
Products Offered: RETSCH offers a range of Laboratory Mills, including the MIXER MILL MM 500 CONTROL, a high-energy laboratory ball mill capable of dry, wet, and cryogenic grinding. This mill is the first in the market to allow monitoring and control of the grinding process temperature, offering flexibility with various thermal fluids.
7.2 NETZSCH
Company Introduction and Business Overview: NETZSCH, founded in 1873 and based in Germany, is a global market leader in wet and dry processing technology. The company offers an extensive range of products from laboratory to production-sized machines and complete plants, catering to a multitude of applications.
Products Offered: NETZSCH’s Laboratory Agitator Bead Mill MiniZeta is a versatile circulation mill ideal for research and development. It features a self-pumping circulation grinding system, making it suitable for principle tests and achieving excellent results down to the sub-micron range.
7.3 Foss
Company Introduction and Business Overview: Foss, established in 1956 and headquartered in Denmark, is renowned for its efficient analytical solutions that enhance food quality and safety in the global food market. Foss plays a crucial role in ensuring the optimal use of agricultural resources and has created breakthrough innovations in analytical technology.
Products Offered: Foss’s CM 290 Cemotec™ laboratory grinder is designed for preparing grain and seed samples without losing moisture for NIR or reference analysis. The FOSS Mill Collection includes multiple models for flexible and safe sample preparation.