Online Total Organic Carbon (TOC) Analyzer Market will reach USD 890.5 million by 2030 and at a CAGR of 5.88% in the forecast period
It is expected that the On-line Total Organic Carbon (TOC) Analyzer Market will reach USD 890.5 million by 2030 and at a CAGR of 5.88% in the forecast period.
The analyzer is suitable for measuring total organic carbon in purified water, ultrapure water and infusion water. The system is used in the semiconductor and pharmaceutical industries. Carbon content is one of the essential parameters determined in the various solutions. It is measured from commercial drinking water to industrial wastewater. The device is used to know the organic carbon level in the liquid solutions. This is a two-step process that involves oxidation and detection, and it also provides a sensitive and non-specific reading of all TOC. This device is used to contaminate the aqueous solution with chemical solvents and bacteria. The growing demand for water and wastewater treatment is propelling the market growth. The adaptation of predictive and preventive maintenance services by different industries and residential people is the major driver of the market. The various applications of this in multiple sectors boost the market. The government's stringent rules regarding the environmental emission and the recycling and reuse norm are major growth factors.
Increasing demand for water and wastewater treatments is the primary factor driving the growth of the market. With the increasing concerns about the health risks and environmental impacts of organic contaminants, chemicals, and decontamination by-products in the supply of water and wastewater, governments across numerous economies have announced several emission guidelines, which are propelling the growing demand for water and wastewater treatment equipment. For instance, the European Union (EU) have reorganized their prevailing supervisory agendas and formed new standards for regulating wastewater production and promoting recycling and reuse.
The key players of global online TOC analyzer market are Xylem Inc. (U.S.), SUEZ (France), Hach Company (U.S.), Shimadzu Corporation (Japan), and Mettler-Toledo International Inc. (U.S.), Metrohm AG (Switzerland), Elementar Analysensysteme GmbH (Germany), LAR Process Analyzers AG (Germany), Zhejiang Tailin BioEngineering Co., Ltd. (China), Comet Analytics, Inc. (U.S.), and Analytik Jena AG (Germany).
A leading Colombian named Ingenio Pichichi. A sugar mill company uses sugarcane in its general manufacture for products for both its domestic and global customers. Its main objectives include maintaining environmental responsibility, operational excellence and profitability.
SUEZ has successfully engineered the sample flow path and the oxidation technique, enabling the development of a robust TOC analyzer that can manage a calibration curve for up to six months or longer, even when working with the most challenging brine matrices.
Both municipal and industrial wastewater comprises considerable health risks to human health and endangers the environment. So all wastewaters must be carefully treated and closely monitored before being discharged.
On the basis of region, on-line total organic carbon analyzer market was led by Americas by 32.0% in 2016, with a market value of USD 169.0 million, and is projected to witness a CAGR of 5.62% during the forecast period. The U.S. accounted for the largest market share in the region. Canada is another major market for TOC analyzer and is expected to witness a CAGR of 4.44% during the forecast period. Lack of freshwater resources to fulfil the requirements of the growing population is driving the growth of the TOC analyzer. Moreover, high demand from various end-use industries, such as food & beverages, pharmaceutical, and chemical, is a major factor driving the growth of the market.
Europe is the second largest region for on-line total organic carbon analyzer market. Strengthening government rules for environment conservation and industrial water and wastewater treatment in countries such as Germany and the U.K are the factors driving the growth of the TOC analyzer market in this region. Germany accounts for the largest share in the Europe TOC analyzer market. With its domestic pharmaceutical industry consisting of companies such as Bayer, BASF, and Hoechst, the pharmaceutical industry has seen growth in the last few years. Additionally, Germany is growing particularly in plant breeding and agrochemicals, making it an important destination for the TOC analyser market, in terms of growth.
Asia Pacific region has a vast potential for the TOC analyzer market and is expected to witness the highest CAGR during the forecast period. Water contamination is one of the major issues in the Asia Pacific region, mainly due to increased environmental deterioration, high soil erosion, occasional floods, and increase in pollution levels in India, China, and Japan. The availability of clean water is decreasing, thus, driving the demand for water treatment in these countries, which ultimately increase the demand for the TOC analyzers.
For the study, global online TOC analyzer market is segmented into technology, application, and end-user. Based on end-user, the market has been divided into wastewater treatment and non-wastewater treatment. Wastewater treatment accounted for the largest market share of 62.84% in 2016, with a market value of USD 332.0 million and is anticipated to witness the highest CAGR of 5.81% during the forecast period. Wastewater treatment is being broadly used for gaining clean water, which can be used for various municipal and industrial activities. Wastewater is treated by using the treatment equipment for the removal of harmful chemicals, to avoid contamination of water resources. TOC analyzer helps wastewater treatment plants enhance and improve their processes, making it possible to respond faster to changes in the effluent water. TOC analyzer provides accurate and reliable TOC data, providing an early warning of unusual effluent water conditions.
Based on technology, the market has been segmented into ultraviolet oxidation, UV persulfate oxidation, and high-temperature combustion. High-temperature combustion segment accounted for the largest market share of 45.35% in 2016, with a market value of USD 239.6 million and is projected to witness the highest CAGR of 6.13% during the forecast period. Based on application, the market has been segmented into River water, pharmaceutical, food & beverages, chemicals, semiconductor, rain water, and others. River water segment accounted for the largest market share in 2016, with a market value of USD 135.3 million and is projected to witness a CAGR of 6.06% during the forecast period.
Various growth strategies are adopted by the key players to retain and/or expand their market share. The key strategy followed by most companies within the global online TOC analyzer market is that of mergers & acquisitions, followed by expansions.
|Historical Data||2019 & 2020|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Technology ,End-User, Application|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Xylem Inc. (U.S.), SUEZ (France), Hach Company (U.S.), Shimadzu Corporation (Japan), and Mettler-Toledo International Inc. (U.S.), Metrohm AG (Switzerland), Elementar Analysensysteme GmbH (Germany), LAR Process Analyzers AG (Germany), Zhejiang Tailin BioEngineering Co., Ltd. (China), Comet Analytics, Inc. (U.S.), and Analytik Jena AG(Germany).|
|Key Market Opportunities||High demand from various end-use industries|
|Key Market Drivers||
The online total organic carbon (TOC) analyzer market can thrive at 5.88% CAGR by 2030.
The online total organic carbon (TOC) analyzer market can value at 890.5 million by 2030.
Comet Analytics, Inc. (U.S.), Zhejiang Tailin BioEngineering Co., Ltd. (China), and Analytik Jena AG(Germany) are some reputed companies in the online total organic carbon (TOC) analyzer market.
Ultraviolet oxidation, UV persulfate, and high temperature combustion are technologies used by online total organic carbon (TOC) analyzers.
Online TOC analyzers are efficiently serves their purpose of waste water treatment.