Market Overview

Global Industrial X-ray Film Market 2018-2022 | Low PET Film Prices to Boost Demand | Technavio

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The global industrial x-ray film market 2018-2022 is expected to post a
CAGR of more than 5% during the forecast period, according to the latest
market research report by Technavio.
However, the growth momentum of the market is expected to decelerate due
to a decline in the year-over-year growth.

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https://www.businesswire.com/news/home/20180904005783/en/

Technavio has published a new market research report on the global industrial x-ray film market from ...

Technavio has published a new market research report on the global industrial x-ray film market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the low PET film
prices. As PET is the major raw material used in the manufacture of
X-ray films, its prices have a direct impact on the profitability of
industrial X-ray film vendors. At present, the supply is surplus in the
global PET market, owing to an increase in the production capacity of
manufacturers. This, in turn, resulted in the decline of PET prices.

This market research report on the global
industrial x-ray film market 2018-2022
also provides an analysis
of the most important trends expected to impact the market outlook
during the forecast period. Technavio classifies an emerging trend as a
major factor that has the potential to significantly impact the market
and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the replacement of manual film
processing by automatic film processing as one of the key emerging
trends in the global industrial x-ray film market:

Global industrial x-ray film market:
Replacement of manual film processing by automatic film processing

Industrial x-ray film development is a complex process, which requires
considerable time. In most of the cases, X-ray film development is
carried out by manual methods, which is time-consuming. This, in turn,
has led to the replacement of manual X-ray film processing by automatic
processing. The automatic processors for X-ray film processing are
mainly used in applications, wherein large volume of films is required
to be developed daily.

"An automatic film processing offers various advantages compared to
manual processing. It reduces variation in radiograph quality, takes
less space leading to easy installation and helps achieve dry-to-dry
processing within 5 minutes. Vendors in the market are offering new
features with automatic X-ray film processors which consume less water,
low power, are equipped with infrared drying, and have adjustable film
receiving trays,"
says a senior analyst at Technavio.

Global industrial x-ray film market:
Segmentation analysis

This market research report segments the global industrial x-ray film
market by end-user (oil and gas, automotive, aerospace and defense, and
others) and geographical regions (APAC, EMEA, and the Americas).

The APAC region led the market in 2017 with a market share of more than
65%, followed by the Americas and EMEA respectively. The region is
expected to continue to dominate the market during the forecast period.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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