New York, US, Nov. 07, 2022 (GLOBE NEWSWIRE) -- According to a comprehensive research report by Market Research Future (MRFR), On-line TOC Analyzer Market by End-User, Technology, Application, and Region - in 2030, the on-line total organic carbon analyzer market is predicted to flourish substantially during the assessment era from 2022 to 2030 at a healthy growth rate of approximately 5.88%. The report further anticipates the market to attain a valuation of around USD 890.5 million by the end of 2030.
On-line TOC Analyzer Market Overview:
The analyzer is believed to be ideal for measuring total organic carbon in infusion, ultrapure, and purified water. The system is utilized in the pharmaceutical and semiconductor industries. Carbon content is one of the vital aspects defined in the many solutions. It is measured from commercial drinking water to industrial wastewater. The device is utilized the liquid solutions' organic carbon levels. It is a two-step procedure involving detection and oxidation, and it also offers a non-specific and sensitive reading of all TOC. The device is utilized to taint the aqueous solution with bacteria and chemical solvents. The global market for on-line total organic carbons has shown massive growth in the last few years. The rising water and wastewater treatment is the main parameter boosting the market's growth. Furthermore, implementing predictive and preventive maintenance services by various industries & residential people is another crucial parameter boosting the market's growth. Moreover, the factors such as the government's stringent rules regarding the environmental emission, various applications of this in multiple sectors, growing demand for water and wastewater treatments, increasing concerns about the health risks & environmental impacts, and decontamination by-products in the supply of water are also predicted to catalyze the growth of the market over the coming years.
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On-line Total Organic Carbon Analyzer Market Competitive Analysis
The catalog for leading participants across the global On-line Total Organic Carbon Analyzer Market includes players such as:
- Metrohm AG (Switzerland)
- Xylem Inc. (U.S.)
- Elementar Analysensysteme GmbH (Germany)
- SUEZ (France)
- LAR Process Analyzers AG (Germany)
- Hach Company (U.S.)
- Zhejiang Tailin BioEngineering Co., Ltd. (China)
- Shimadzu Corporation (Japan)
- Comet Analytics, Inc. (U.S.)
- Mettler-Toledo International Inc. (U.S.)
- Analytik Jena AG (Germany)
On-line Total Organic Carbon Analyzer Market Report Scope:
| Report Metric | Details |
| Revenue forecast in 2030 | USD 890.5 Million |
| Growth Rate | CAGR of 5.88% from 2022 to 2030 |
| Base Year | 2021 |
| Study Period | 2022-2030 |
| Key Market Opportunities | Growing demand for water and wastewater treatment equipment |
| Key Market Drivers | Increasing demand for water and wastewater treatments |
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On-line Total Organic Carbon Analyzer Market USP Covered
Market Drivers
The global On-line Total Organic Carbon Analyzer Market has shown massive growth in the last few years owing to the government's stringent rules regarding environmental emissions, increasing concerns about the health risks & environmental impacts, and various applications in multiple sectors.
On-line Total Organic Carbon Analyzer Market Restraints
On the other hand, the lack of awareness may restrict the market's growth.
COVID-19 Impact
The global On-line Total Organic Carbon Analyzer Market has witnessed massive, unexpected changes during the pandemic. On the other hand, with all the industrial and financial activities returning to normal, the global market for on-line total organic carbon is anticipated to witness substantial growth over the coming years.
On-line Total Organic Carbon Analyzer Market Segment Analysis
Among all the end-users, the wastewater treatment segment is anticipated to hold the top position across the global market for on-line total organic carbon over the review era. The segment contributed approximately 62.84% in the year 2016. The segment's net worth in 2016 was approximately USD 332.0 million and is likely to flourish substantially over the forecasted era at a healthy CAGR of approximately 5.81%. Wastewater treatment is widely used to gain clean water, which can be used for several industrial and municipal activities. Wastewater is treated with treatment equipment to remove harmful chemicals and prevent water resource contamination. TOC analyzer assists wastewater treatment plants in boosting and enhancing their processes, making it feasible to react faster to changes in the sewage water. TOC analyzer offers reliable and accurate TOC data, offering an initial warning of strange effluent water conditions.
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Among all the technologies, the high-temperature combustion segment is anticipated to hold the top spot across the global market for on-line total organic carbon over the review era. The segment contributed approximately 45.35% of the share in 2016, with a valuation of around USD 239.6 million. The segment is anticipated to flourish substantially during the review era at a healthy CAGR of approximately 6.13%.
Among all the application areas, the river water segment is projected to secure the top spot across the global market for on-line total organic carbon over the review era. The segment contributed the maximum share with a valuation of approximately USD 135.3 million in 2016. The reports by MRFR anticipate the segment to thrive substantially during the assessment era from 2022 to 2030 at a robust CAGR of around 6.06%.
On-line Total Organic Carbon Analyzer Market Regional Analysis
The global On-line Total Organic Carbon Analyzer Market is analyzed across five major regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa.
According to the research reports by MRFR, the North American region is anticipated to hold the top position across the global market for on-line total organic carbon over the review era. The region contributed approximately 32.0% in 2016, around USD 169.0 million, and is likely to flourish substantially at a robust CAGR of 5.62% over the review timeframe. The region has the U.S. as the leading growth contributor. The lack of freshwater resources to fulfill the needs of the increasing population is the main parameter supporting the growth of the regional market. Furthermore, the high demand from various end-use industries is another significant aspect boosting the regional market's growth over the coming years.
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The On-line Total Organic Carbon Analyzer Market for the European region is anticipated to show substantial growth in the coming years. The market's growth is credited to the aspects such as strengthening government rules for environment conservation, growing demand for the domestic pharmaceutical industry, and plant breeding and agrochemicals.
The Asia-Pacific regional market for on-line total organic carbon is likely to show maximum growth over the coming years. the growth of the regional market is ascribed to the factors such as increased environmental deterioration, increase in pollution levels, occasional floods, and high soil erosion.
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