Global Online Total Organic Carbon (TOC) Analyser Market by Technology (Ultraviolet Oxidation, UV Persulfate Oxidation, High-temperature Combustion), by End-User (Wastewater Treatment and Non-Wastewater Treatment), by Application and Region - till 2027
Market Overview
In its research report, Market Research Future (MRFR), emphasizes that over the review period, the global market 2020 is poised to increase significantly, ensuring substantial market valuation and a healthy CAGR over the review period.
Drivers and Restraints
Rising demand for treatment of water and wastewater is the primary factor driving market growth. With growing concerns about the health hazards and ecological impacts of organic pollutants, chemicals, and by-products of decontamination in water and wastewater supply, governments across various economies have introduced many pollution standards that are driving the rising demand for water and wastewater treatment equipment. For example, the European Union (EU) has reorganized its dominant oversight policies and introduced new principles to control wastewater production and facilitate recycling and reuse. Lack of freshwater resources to meet growing population requirements is driving TOC analyser growth. In addition, high demand from various end-use industries, such as food & beverages, pharmaceutical and chemical industries, is a major driving factor for market growth.
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Segmental Analysis
Global online TOC analyser market is segmented into technology, application, and end-user.
The sector was divided into wastewater treatment and non-wastewater treatment, depending on end-user. Wastewater treatment accounted for 62.84 percent of the largest market share in 2016, with a market valuation of USD 332.0 million and is predicted to see the highest CAGR of 5.81 percent over the projected period. The market was segmented by technology into ultraviolet oxidation, UV persulfate oxidation, and high-temperature combustion. The high-temperature combustion segment accounted for the largest market share of 45.35 percent in 2016, at a market value of USD 239.6 million and is forecast to witness the highest CAGR of 6.13 percent over the forecast period. The market was segmented by application into river water, pharmaceutical, food & beverages, chemicals, semiconductors, rainwater, and others. The River Water segment accounted for the highest market share in 2016, with a market valuation of USD 135.3 million and is slated to experience a CAGR of 6.06 percent over the forecast period.
Regional Assessment
The global market geographic overview was conducted in four major regions including Asia Pacific, North America, Europe and the rest of the world.
On the basis of the region, Americas led the total online market for organic carbon analysers in 2016 by 32.0 percent, with a market value of USD 169.0 million, and is slated to witness a CAGR of 5.62 percent during the forecast period. The US accounted for the region's biggest market share. Canada is another major TOC analyser market and is expected to witness a 4.44 per cent CAGR over the forecast period.
Europe is the second largest organic carbon analyser market region on-line. Strengthening policy environmental and industrial water and wastewater treatment regulations in countries like Germany and the UK are factors driving growth in the TOC analyser market in the world. Germany holds the largest share on the TOC analyser market in Europe. The pharmaceutical industry has seen development in the last few years with its domestic pharmaceutical industry comprising of companies such as Bayer, BASF and Hoechst. In addition, Germany is growing especially in plant breeding and agrochemicals, making it an important destination for the market of TOC analysers, in terms of growth.
Asia Pacific region has considerable potential for the TOC analyser market and is expected to witness the highest CAGR over the forecast period. Water contamination is one of the major problems in the Asia Pacific region, mainly due to increased environmental degradation, high soil erosion, occasional flooding and increased levels of pollution in India, China and Japan. There is a decrease in the availability of clean water, thus driving demand for water treatment in these countries, which ultimately increases demand for TOC analysers.
Competitive Analysis
The major market players operating in the global market as identified by MRFR are Hach Company (U.S.), Xylem Inc. (U.S.), SUEZ (France), Comet Analytics, Inc. (U.S.), Shimadzu Corporation (Japan), Metrohm AG (Switzerland), and Mettler-Toledo International Inc. (U.S.), LAR Process Analysers AG (Germany), Elementar Analysensysteme GmbH (Germany), Zhejiang Tailin BioEngineering Co., Ltd. (China), and Analytik Jena AG(Germany).
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Global Total Organic Carbon Analyzer Market is expected to witness substantial growth in the forecast period due to rise in demand for mature techniques to determine organic contents in water and wastewater treatment schemes.
Total organic carbon analyzer market is driven by rise in applications of total organic carbon analyzers by several industries like food and beverage, pharmaceutical, oil & gas, chemicals, and energy and power, growing awareness of ecological effect of organic pollutants and harmful chemicals, and rise in health issues due to these substances.
Based on technology, total organic carbon analyzer market is bifurcated into ultraviolet persulfate oxidation, high temperature combustion, and ultraviolet oxidation.
The prominent players in total organic carbon analyzer market comprise Hach Company, SUEZ, Shimadzu Corporation, LAR Process Analyzers AG, Mettler-Toledo International Inc., Analytik Jena AG, Elementar Analysensysteme GmbH, Metrohm AG, Zhejiang Tailin BioEngineering Co., Ltd., Comet Analytics, Inc., and Xylem Inc.
Global Market for total organic carbon analyzer to 2023 offers detailed coverage of total organic carbon analyzer industry and presents main market trends.
7.3 Europe 7.3.1 by Application 7.3.2 by Country (Germany, UK, France, Spain, Italy, etc.)
Market OverviewIn its research report, Market Research Future (MRFR), emphasizes that over the review period, the global market 2020 is poised to increase significantly, ensuring substantial market valuation and a healthy CAGR over the review period.
For example , the European Union (EU) has reorganized its dominant oversight policies and introduced new principles to control wastewater production and facilitate recycling and reuse.
Wastewater treatment accounted for 62.84 percent of the largest market share in 2016, with a market valuation of USD 332.0 million and is predicted to see the highest CAGR of 5.81 percent over the projected period.
The market was segmented by technology into ultraviolet oxidation, UV persulfate oxidation, and high-temperature combustion.
The River Water segment accounted for the highest market share in 2016, with a market valuation of USD 135.3 million and is slated to experience a CAGR of 6.06 percent over the forecast period.Regional AssessmentThe global Online Total Organic Carbon Analyzer Market geographic overview was conducted in four major regions including Asia Pacific, North America, Europe and the rest of the world.On the basis of the region, Americas led the total online market for organic carbon analyzers in 2016 by 32.0 percent, with a market value of USD 169.0 million, and is slated to witness a CAGR of 5.62 percent during the forecast period.
The pharmaceutical industry has seen development in the last few years with its domestic pharmaceutical industry comprising of companies such as Bayer, BASF and Hoechst.
UpMarketResearch offers a latest published report on “Global Total Organic Carbon(TOC) Analyzer Market Industry Analysis and Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report.
It presents a comparative detailed analysis of all the regional and major player segments, offering readers a better knowledge of areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the global market.
Total Organic Carbon(TOC) Analyzer market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.
The statistics are represented in graphical format for a clear understanding on facts and figures.
The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders.
