The on-line Total Organic Carbon (TOC) analyzer market is estimated to witness a CAGR of 5.56% during the period 2017 to 2023.
Pune, India – January 10, 2019 —
Pune, India, May 2018 /MRFR Press Release/- Market Research Future published a cooked research report on global on-line total organic carbon (TOC) analyzer market. The on-line Total Organic Carbon (TOC) analyzer market is estimated to witness a CAGR of 5.56% during the period 2017 to 2023.
The key players of global on-line total organic carbon (TOC) analyzer market are Xylem Inc. (U.S.), SUEZ (France), Hach Company (U.S.), Shimadzu Corporation (Japan), and Mettler-Toledo International Inc. (U.S.), Metrohm AG (Switzerland), Elementar Analysensysteme GmbH (Germany), LAR Process Analyzers AG (Germany), Zhejiang Tailin BioEngineering Co., Ltd. (China), Comet Analytics, Inc. (U.S.), Analytik Jena AG(Germany), and other.
On-line total organic carbon (TOC) analyzer market, to witness 5.56% CAGR of during the forecast period
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Measurement of TOC means to define the organic matter content in water and wastewater, which is directly related to total organic content. TOC analysis is also widely used in monitoring the quality of process water in the semiconductor and pharmaceutical industries. Increasing government initiative regarding water and wastewater treatment further boost the growth of the market. The environmental and communal pressures over the past few years have led to a revolutionary movement for the industry to reduce its wastewater and treat it before discharge. Wastewater is presently observed as an essential resource and its utilization or recycling after suitable and substantial treatment could offer financial and economic benefits. However, the growing complexity in accordance with the technicality and the need for expertise for the accurate functioning of the device is creating a major obstruction for the TOC analyzer market evolution.
On the basis of region, the Middle East & Africa region is expected to contribute significantly during the forecast period. Wastewater treatment plants in Middle East region is expected to reflect immense growth potential amid increasing population and industrial output. High land desert cover, population growth, increased level of industrialization, and increased government spending are the driving factors for this market. South Africa, Saudi Arabia, Qatar, and UAE are the key contributors in the region.
Market Research Analysis
For the purpose of this study, the global on-line Total Organic Carbon (TOC) analyzer market is segmented into technology, application, and end-user. Based on application, the market has been segmented into river water, pharmaceutical, food & beverages, chemicals, semiconductor, rain water, and others. River water segment accounted for the largest market share in 2016, with a market value of USD 135.3 million and is projected to witness a CAGR of 6.06% during the forecast period. Increasing industrialization and urbanization are continuously fueling the demand for clean water. Therefore, numerous major municipal corporations are extracting water from rivers and processing and converting into clean water, where on-line TOC analyzer played an important part in it. Furthermore, several industries, which need a bulk amount of water, use river water. Additionally, each organization needs a certain amount of water. Thus, they rely largely on the river water as a source.
The pharmaceuticals industry is holding a substantial share of the TOC analyzer market and is expected to witness the highest CAGR of 6.13% during the forecast period. TOC measurement plays a critical part in the pharmaceuticals industry because several regulatory bodies have established limits for TOC in high-purity water, Water For Injection (WFI), and other uses of water in the pharmaceuticals industry. Likewise, TOC analyzer is used for the evaluation of the cleaning process to confirm that the equipment is free from the previous drug batch.
Scope of the Report
This study provides an overview of the global on-line total organic carbon (TOC) analyzer market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for Americas, Europe, Asia Pacific (APAC) and Middle East & Africa. The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global on-line total organic carbon (TOC) analyzer market by its technology, application, end-user, and region.
Global On-line Total Organic Carbon (TOC) Analyzer Market, By Technology: Ultraviolet oxidation, UV persulfate oxidation, High-temperature combustion
Global On-line Total Organic Carbon (TOC) Analyzer Market, By Application: River Water, Pharmaceutical, Food & Beverages, Chemicals, Semiconductor, Rain Water and Others
Global On-line Total Organic Carbon (TOC) Analyzer Market, By End-User: Wastewater Treatment, Non-Wastewater Treatment
Global On-line Total Organic Carbon (TOC) Analyzer Market, By Region: Americas, Europe, Asia Pacific, Middle East & Africa
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