New York, June 26, 2023 (GLOBE NEWSWIRE) -- The global silica analyzer industry size is likely to reach a valuation of US$ 130.5 million by 2022. It is estimated to surpass US$ 203.0 million by 2032. The market is projected to witness steady growth at a CAGR of 4.5% from 2022 to 2032.
Persistence Market Research (PMR) mentions that the global silica analyzer industry is anticipated to showcase a CAGR of 4.5% in the estimated time frame. In the historical period between 2017 and 2021, the market witnessed a decent CAGR of 5.4%.
Silica analyzers are important tools for ensuring water purity in power generation and ultrapure water monitoring. Silica analyzers help improve ion exchange production and reduce silica build-up on turbine blades.
Click Here to Get Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/33515
Increasing demand for devices from several end-use sectors such as power generation and water treatment are expected to be a key factor influencing the growth of the silica analyzer market.
There have been technological advances in the silica analyzer industry that have increased the accuracy, sensitivity, and reliability of measurements.
Manufacturers are integrating features such as self-diagnostics, predictive maintenance alerts, and remote monitoring, contributing to the general trend toward preventive maintenance in the market.
Rapid industrialization, increased infrastructure investment, and stringent environmental regulations are driving market expansion. Furthermore, rapid economic development, increased government spending, development of road infrastructure have been growing across countries. Rising consumer interest in private transportation is also expected to drive growth in automotive demand and the fuel market.
Advances in crystal analyzer technology, such as increased accuracy, sensitivity, automation, and integration capabilities, are making these instruments even more attractive to the industry.
Innovative features such as real-time monitoring, data logging, remote connectivity, and control system compatibility improve usability and efficiency. Technological advances are enabling more reliable and efficient analytical solutions, driving the adoption of silica analyzers.
Get Full Access of this Report @ https://www.persistencemarketresearch.com/checkout/33515
Key Takeaways from the Report:
- The United Kingdom market is expected to surge at a CAGR of 3.0% reaching a valuation of US$ 5.1 million by 2032.
- The Japan silica analyzer market is likely to witness a CAGR of around 4.7% from 2022 to 2032.
- China's silica analyzer industry is forecast to exhibit a CAGR of 5.9% from 2022 to 2032.
- Based on type, the equipment segment is likely to exhibit a CAGR of 4.4% in the assessment period.
- In terms of industry, the power generation sector is projected to showcase a CAGR of 5.0% from 2022 to 2032.
“Silica analyzers can detect silica levels in steam plants during desalination and production. Several reagents are added to the sample to create complex chemicals and to measure the amount of silica in a given sample. Real-time monitoring and data logging capabilities integrated with silica analyzers are expected to be high in demand over the forecast period. This is likely to create growth opportunities for manufacturers in this market.” – says a lead analyst at Persistence Market Research (PMR)
Competitive Landscape
Hach, ABB, Thermo Fisher Scientific, Mettler Toledo, HORIBA, NIKKISO, Swan Analytical Instruments, SPX Flow, DKK TOA, Waltron Group, Dr. Thiedig, Electro-chemical Devices, Shanghai Boqu Instruments, KNTEC, HKY Technology, Omicron Sensing are few of the leading manufacturers and suppliers of silica analyzer.
Leading manufacturers have strategic partnerships and collaborations with local businesses and research institutes to share knowledge, expertise, and resources. This lets manufacturers to develop advanced technologies to expand their product offerings.
For instance,
- In November 2022, Evonik Industries came into a strategic partnership with Phichit Bio Power Ltd. and Porner Group to produce sustainable silica for tire manufacturers.
You Can Customize this Report As per Your Requirement Click Here @ https://www.persistencemarketresearch.com/request-customization/33515
Get More Valuable Insights
Persistence Market Research (PMR), in its new offering, provides an unbiased analysis of the silica analyzer market presenting historical demand data (2017 to 2021) and forecast statistics for the period from 2022 to 2032.
Silica analyzer industry by type (equipment, consumables) by industry (power generation, semiconductor, others {pharmaceuticals, food & beverages, water & wastewater treatment}) by region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) 2022 to 2032
About the Chemical & Materials Division at Persistence Market Research (PMR)
Expert analysis, actionable insights, and recommendations for strategy - the Chemical and Materials team at Persistence Market Research (PMR) assists clients all over the world with their specific business intelligence requirements.
For more than a decade, the team has analyzed the chemicals and materials business in 50+ countries with over 1,000 publications and 1 million+ data points; reach out to find out more about how we can assist.
Other Trending Reports:
- Cosmetic Ingredients Market
- Australia Ammonia Market
- Plastic Compounding Market
- Waterproofing Chemicals Market
- Bulletproof Security Glass Market
- Plastic Waste Management Market
- Speaker Membrane Market
- Polymer Clay Market
About Persistence Market Research:
Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on “micros” by Persistence Market Research helps companies overcome their “macro” business challenges.
Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part.
Contact
Rajendra Singh
Persistence Market Research
U.S. Sales Office:
305 Broadway, 7th Floor
New York City, NY 10007
+1-646-568-7751
United States
USA - Canada Toll-Free: 800-961-0353
Email: sales@persistencemarketresearch.com
