The Global Market for Titrators (Automatic and Manual) is Projected to Reach US$443.6 Million by 2022
Growing Demand for Electrochemical Instruments for Industrial
Water Conditioning Drives Demand for Titrators, According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive
analysis of industry segments, trends, growth drivers, market share, size and
demand forecasts on the global Titrators (Automatic and Manual) market. The
global market for Titrators (Automatic and Manual) is projected to reach US$443.6
million by 2022, driven by stringent effluent regulations and water testing
guidelines and the ensuing increase in investments in plant control analysis
equipment.
Titration, one of the
oldest analytical instrument techniques, is used to determine and analyze the
chemical composition of a product, substance, solution or liquid. The technique
relies on chemical reaction of the substance with a reagent (or titrant) of
known concentration. Titration systems are utilized in laboratories and
industries for a variety of applications including research, excipients, drugs
quality control, moisture analysis, and chemical analysis, among others.
Titrators find use in sample analysis across various industries including food
& beverage, wastewater treatment, pharmaceutical drug manufacturing, as
well as petrochemicals to ensure high quality control.
The market is expected to
grow in the coming years, driven by the steady growth in volume of analyses
being performed in various end-use industries. Titration’s emergence as a
preferred method of water and chemical analysis in food & beverage, water
analysis as well as pharmaceutical sectors is set to drive growth in the
market.
Sustained focus on product
development with the aim to create compact designs, enhance resolution and
improve efficiency is also expected to foster market growth. Technology
advances are making it possible to develop smart and cost effective titrators
that offer robust, simple and accurate results. Specifically, there is a
growing trend in favor of using parallel or dual titrators that involve the use
of two stirring stations, which help reduce the overall cost of analysis while
also saving analyst time. Another factor driving demand for titrators is the
growing regulatory pressure to conduct accurate and reliable testing to
maintain quality. With regulations across various industries mandating chemical
and water
analysis, the role of titration is set to grow. While manual titration is
the most widely employed technique in a wide range of industries, the growing
emphasis on accuracy and the need for reliable and robust as well as simple and
quick testing has led to the emergence of automated titrators. Continuous rise
in workload of industries and labs across the world and shortage of technicians
is further driving focus onto advanced and automated titration instruments. By
type of titrator, Karl-Fischer titrators represent the largest segment in the
global titrators market. Though a relatively mature laboratory technique, Karl
Fischer titration finds use in several industries, particularly in applications
rely on wet analysis.
As stated by the new
market research report on Titrators
(Automatic and Manual), Europe represents the largest market
worldwide. Asia-Pacific is poised to register the fastest CAGR of 7.9% of the
analysis period, driven by regulation backed investments in wastewater analysis
in treatment plants; rise in pharmaceutical contract manufacturing in Asian
countries and the resulting need for technologies for quantitative measurement
of active compounds in drugs; and increasing demand for automated chemical
analysis solutions.
Major players covered in
the report include COSA Xentaur, CSC Scientific Company, DKK-TOA CORPORATION,
GR Scientific, Hach Company, Hanna Instruments Inc., Hiranuma Sangyo Co. Ltd.,
Hirschmann Laborgeräte GmbH & Co. KG, Jinan Hanon Instruments Co. Ltd.,
Kyoto Electronics Manufacturing Co. Ltd., Metrohm AG, Mettler-Toledo
International Inc., MilliporeSigma, Mitsubishi Chemical Analytech Co. Ltd.,
Photovolt Instruments Inc., SI Analytics GmbH, and Thermo Fisher Scientific
Inc., among others.
The research report titled
“Titrators
(Automatic and Manual): A Global Strategic Business Report” announced by
Global Industry Analysts Inc., provides a
comprehensive review of market trends, issues, drivers, mergers,
acquisitions and other strategic industry activities of global companies. The
report provides market estimates and projections for all major geographic markets
such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain,
Russia and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific),
Middle East & Africa and Latin America (Brazil and Rest of Latin America).
The market is analyzed by the Product Group/Segment - Karl-Fischer Titrators (Volumetric
Titrators and Coulometric Titrators) and Others.
Global Industry
Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.
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