The
global TOC
analyzer market is anticipated to grow at a staggering CAGR
during the forecast period. Water purification is a major concern in the water
treatment and adjoining industries such as semiconductor manufacturing, power
generation and pharmaceutical. Bacteria and other organic components in water
can ruin the water nutrients thus creating sustainable water challenges.
Unfiltered
water from manufacturing industries, liquid & pharmaceutical wastes are
some of the major sources of contaminated water. Therefore, water purification
is a critical aspect in number of industries. TOC (Total Organic Carbon)
analyzers determine the quality level of water and measures the organic carbon
present in the liquid sample. It is thus a viable source of monitoring due to
various types of carbon dissolved in water.
The
TOC analyzer market is driven by rise in need for segregating wastewater from
organic contents. In addition, the TOC analyzers are capable of oxidizing
efficient organic compounds, compatibility and reliability of the equipment.
Rise in investment in the wastewater treatment triggers the market growth. In
addition, monitoring and control of processed water in various industries such
as manufacturing, wastewater treatment and pharmaceuticals is likely to propel
market growth in the near future.
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The
market is highly segmented into type, end-use and technology. Type segment
consists benchtop and portable. By technology, the market comprises ultraviolet
persulfate oxidation, high temperature combustion and ultraviolet oxidation.
Geographical segmentation for the market entails North America, Latin America,
Europe, Asia-Pacific, Middle East and Africa. Europe market accounted for a
significant market share due to environmental concerns and stringent government
regulations. Other components such as extended use of TOC analyzers for
semiconductors, pharmaceuticals, energy & power contribute to the regional
market development.
Asia-Pacific
regions are highly dominant in the TOC analyzer market owing to rising curve in
other domains like food & beverages, oil & energy, pharmaceutical and
petrochemicals. Population explosion and rise in spending on wastewater
treatment is likely to trigger the market developments in the near future.
Key
players profiled in the TOC analyzer market report comprises General Electric
Company, Shimadzu Corporation, Mettler-Toledo International Inc, Hach Company,
Teledyne Tekemar Company Inc, Xylem Inc, Endress + Hauser Management AG, ELTRA
GmbH, Metrohm AGm Elementar Analysensysteme GmbH and Skalar Analytical B.V.
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