SDKI Inc. published a new research report on “Global TOC (Total Organic Carbon) Analyzer Market-Forecast 2022-2030” on January 14, 2022. The report provides a complete assessment of the market and its growth prospects, along with new business opportunities in the industry. It also includes market size and annual growth during the 2022-2030 forecast period.
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The TOC analyzer market is estimated to grow from a market value of US $ 1,123.9 million in 2022 to US $ 1,723.7 million by 2030, with a CAGR of 6.30% during the 2022-2030 forecast period. I am.
Details of the survey report
TOC analyzer is a natural carbon present in water or liquid samples. Measure the measured value. The TOC analyzer also selects the properties of water. The hardware of the TOC analyzer is one of the important observation boundaries because it reacts with various types of organic carbon dissolved in water. Increasing interest in water and wastewater treatment is a major driver of growth in the TOC analyzer market during the forecast period. Recently, water and wastewater treatment practices are one of the most important ecological conservation measures encouraged around the world. Total organic carbon (TOC) analyzers are used in wastewater treatment plants to screen industrial and municipal wastewater and comply with guidelines and standards set by administrative experts in the countries being evaluated.
According to Statista, the global wastewater treatment industry in 2018 was US $ 10.6 million and is expected to grow to US $ 15 million by 2024. In addition, according to international wastewater relations, wastewater flow in Aqaba is expected to reach 61,000 m3 / day by 2030. In Bangkok, wastewater treatment restrictions of over 12,000 m3 / day have been started by 2030. The establishment of various end-use industries and the increasing demand for high quality water offer favorable opportunities for the growth of the TOC analyzer market.
However, the high cost of the equipment can curb the growth of the TOC analyzer market during the forecast period.
TOC analyzer market segment
The TOC analyzer market is by product type (portable TOC and benchtop TOC analyzer), by technology (ultraviolet (UV) oxidation, ultraviolet (UV) persulfate hydrochloric acid, high temperature combustion), and by end-use industry (oil and gas). It is divided by industry, pharmaceutical industry, environmental monitoring, food and beverage industry, petroleum chemical industry, semiconductor industry, and chemical industry), and by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.
Regional Overview of the TOC Analyzer Market
In addition, the report covers all regions of the world, divided into North America, Europe, Asia Pacific, Latin America, Middle East & Africa and more. North America is the world’s leading region in terms of market share. This is due to the requirement for high quality water in all high-end manufacturing industries and the presence of prominent market players in the market. Meanwhile, the Asia Pacific TOC analyzer market is expected to show the highest growth rate / CAGR during the 2022-2030 forecast period. Factors such as population growth, increased awareness of wastewater treatment, and the need to respond to population growth are driving the growth of the TOC analyzer market in the region.
For further analysis, each region is further subdivided into countries:
· Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Singapore, and other Asia Pacific)
· North America (US and Canada)
· Middle East and Africa (Israel, GCC [Saudi Arabia, Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Other Middle East and Africa)
· Latin America (Brazil, Mexico, Argentina, Other Latin America ) )
· Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia, and other Europe)
Key players in the TOC analyzer market Major players in the TOC analyzer market Key players include Shimadzu, Hach, General Electric, Mettler-Toledo, Lar Process Analysers, Endress + Hauser, Teledyne Tekemar, Xylem, Eltra and Metrohm. The study includes in-depth competitive analysis, corporate profiles, recent developments, and key market strategies for these major companies in the TOC analyzer market.
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SDKI Inc. Company profile
SDKI Inc.’s goal is to uncover market scenarios for different countries such as Japan, China, the United States, Canada, the United Kingdom and Germany. We also focus on providing reliable research insights to clients around the world, including growth indicators, challenges, trends and competitive environments, through a diverse network of research analysts and consultants. With SDKI gaining trust and a customer base in more than 30 countries, SDKI is even more focused on expanding its foothold in other pristine economies.
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TOC (Total Organic Carbon) Analyzer Market