120 likes | 132 Views
Total carbon analyzer market analysis
E N D
Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker
TOTAL CARBON ANALYZER MARKET ANALYSIS • Total Carbon Analyzer Market, by Sample Type (TC Analyzer for Liquid Sample and TC Analyzer for Solid & Liquid Sample), by Product Type (On-line TC Analyzer, Portable TC Analyzer, and Laboratory TC Analyzer), by Application (Pharmaceuticals, Waste Water Treatment, Semiconductors, Power & Energy, and Others (Drinking Water Treatments)) and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Market Overview • Total organic carbon is the amount of carbon found in an organic compound. It finds applications as an indicator for water quality or cleanliness of pharmaceutical manufacturing equipment. Total carbon analyzer is the device used to find out the percentage of total organic and inorganic carbon in the water. It is predominantly used in manufacturing and pharmaceutical industries. The total organic carbon analysis is conducted in three different stages namely acidification, oxidation, and detection and quantification. TOC analysis facilitates organizations to find out organic carbon in liquid or water and to confirm its purity. • The global total carbon analyzer market is estimated to account for US$ 1,069.4 Mnin terms of value and 48,135 Units in terms of volume by the end of 2019.
Market Dynamics- Drivers • High growth of microelectronics industry is expected to drive growth of the global total carbon analyzer market during the forecast period • The microelectronics industry has witnessed significant growth in the recent past. This is owing to increasing demand for electronic products and technical advancements in electronics across the world. This has led to high demand for ultra-pure water in microelectronic manufacturing. Distilled water is extremely important for cleaning while manufacturing of electronic components. Moreover, the International Technology Roadmap for Semiconductors (ITRS) has set stringent guidelines for water quality requirements on the microelectronics. Thus, to analyze water quality, total carbon analyzer has witnessed significant demand in the recent past. • Rapidly growing pharmaceutical industry is expected to propel the global total carbon analyzer market growth over the forecast period • The pharmaceutical is the major end-use industry of total carbon analyzer, which is used for analyzing water for rejection, purified water, and water as a natural resource for production of different pharmaceutical formulations. Moreover, the global pharmaceutical industry has registered rampant growth over the years, which in turn, is expected to boost the growth of the global total carbon analyzers in the market. According to Coherent Market Insights’ secondary analysis, in 2015, pharmaceutical industry contributed to around 1/3rd of revenue in the global total carbon analyzer market. • Europe region dominated the global total carbon analyzer market in 2018, accounting for 38.5% share in terms of value, followed by Asia Pacific and North America, respectively
Market Dynamics- Restraints • High cost of equipment is expected to restrain growth of the global total carbon analyzer market over the forecast period • Total carbon analyzer is an expensive apparatus, which is not affordable for small enterprises. This, in turn, has impacted its demand, especially in emerging economies. Moreover, small market players from different manufacturing of various products in emerging economies do not afford these high prized equipment. Small market players are in large numbers in emerging economies, which in turn, is expected to hinder the market growth in the near future. • Stringent government policies in certain countries are expected to hamper the global total carbon analyzer market growth during the forecast period • The government regulations in different countries vary significantly. Majority of total carbon analyzers are either industry or government, thus policies and regulations for the purchase of total carbon analyzers by the government play a crucial role in the demand of the analyzer. For instance, in India, the regional market for total carbon analyzer depends upon initiating a revamping of regulatory norms and on timely approvals of procurement by the government for bringing effective persistent quality of products across various industries.
Market Opportunities • Development of cost-effective equipment is expected to offer lucrative growth opportunities for market players • Total carbon analyzer is expensive equipment, especially for small business owners, which makes them challenging to purchase one. Therefore, market players are investing in research and development activities, in order to manufacture cost-effective total carbon analyzer. For instance, in October 2015, Beckman Coulter Life Sciences introduced QbD1200 Total Organic Carbon (TOC) Analyzer, which was designed for faster and higher TOC sample analysis throughout for a busy QC laboratory. • Rapid urbanization across the globe is expected to offer significant business opportunities • Rapid industrialization across the world has accelerated urbanization where people are migrating from rural areas to urban areas. High population leads to high waste generation and increasing need for drinking water, which in turn, is expected to offer lucrative growth opportunities for market players in the near future.
Market Trends • North America Trends • Increasing product development of total carbon analyzers is a major trend • Increasing product innovation and development has made available total carbon analyzers with advanced features. For instance, total carbon analyzers equipped with pump speed up-gradation manufactured for continuous monitoring of both solid and liquid samples, so as to obtain optimal intermittent analysis by reducing purging time. • Multiple operational points for total carbon analyzer • The total carbon analyzer can be used as analyzer present at different locations by using a novel technology named on-line and real-time data analysis of solid & liquid samples. The trend for on-line and real-time data analysis of samples is expected to continue in North America during the forecast period. • Western Europe Trends • High demand for advanced total carbon analyzers • Total carbon analyzers are used to detect nitrogen, sulfur, and different types of carbons with the help of both solid and liquid samples. Due to this, total carbon analyzers have gained significant demand in Western Europe. Moreover, this demand is more than traditional total carbon analyzers and is expected to continue during the forecast period. • Increasing product innovation in total carbon analyzer • Total carbon analyzers equipped with pump speed up-gradation, on-line and real-time data analysis of samples, and optical technique has witnessed significant demand in Western Europe and is expected to continue during the forecast period.
Competitive Section • Key players operating in the global total carbon analyzer market are UIC, Inc., Shimadzu Corporation, ELTRA GmbH, Xylem Inc., Skalar Analytical B.V., Hach Company, Inc., GE Analytical Instruments, Inc., Teledyne Analytical Instruments, Mettler-Toledo International Inc., and Analytik Jena AG. • Key Developments • Key players in the market are focused on capacity expansion, in order to gain competitive edge in the market. For instance, in October 2016, Xylem, Inc. launched new manufacturing facility in Dubai, UAE, in order to support customer base across the Middle East and Africa region. • Key companies in the market are involved in mergers and acquisitions, in order to enhance their market presence. For instance, in April 2016, Teledyne Technologies Inc. through its subsidiary Teledyne LeCroy Inc. acquired assets of Quantum Data, Inc.
Request Sample Report • Request Customization • Download PDF Brochure • Talk to Analyst • Buy Now Reference: https://www.coherentmarketinsights.com/market-insight/total-carbon-analyzer-market-3278
About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis
Contact Us Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com
Thank You! Kindly follow CMI Social Media Profiles for the latest company updates Facebook Linkedin Twitter https://www.coherentmarketinsights.com/