Market Profile: FT-IR and FT-NIR in the Petrochemical Industry
June 1st 2012The use of Fourier transform infrared (FT-IR) and Fourier transform near infrared (FT-NIR) spectrometers now accounts for the majority of demand for mid- and near-infrared instruments, with demand from the petrochemical industry beginning to follow the trend. The major instrument vendors as well as specialist suppliers compete strongly in the petrochemical segment of the market, which accounts for only a small percentage of the overall FT-IR and FT-NIR markets.