Turbidimeter Market Set for a Massive Hit in and Post 2022, with Corona Virus Outbreak Projected to Threaten Global Market

 Future Market Insights (FMI) has estimated the Global Turbidimeter Market to grow with an year-on-year growth of 5.6% in 2022 reaching a value of about US$ 641.8 Mn by 2022 end. The global business is anticipated to witness a considerable value CAGR of 4.0% during the period of 2022 and 2029. Witnessing a promising CAGR during 2022–2029, the global sales of Turbidimeter Market will reach US$ 952.1 Mn mark by 2029. A new Future Market Insights (FMI) study projects that turbidimeter sales will continue to soar in line with the stringent implementation of regulations pertaining to water quality in industries.

Quality maintenance is becoming a priority for various sectors that use analytical testing equipment, and turbidimeters are one of the preliminary equipment utilized for quality analysis. This would remain among the key factors pushing sales of turbidimeter at a global level.
Request a report sample to gain comprehensive insights at: https://www.futuremarketinsights.com/reports/sample/rep-gb-8212

Customers would be inclined towards online turbidimeters in the near future, as they are accurate, quicker, and thus, highly reliable. Moreover, online turbidity monitoring is possible for continuous flow systems with a high measuring range of up to 10,000 NTU.

Key Takeaways — Turbidimeter Market Study

  • Turbidity level of potable water has become a serious concern owing to contamination caused by toxic industrial waste and other pollutants. Strict measures are being taken for regulating turbidity levels of water.
  • Various water treatment and effluent treatment plants (ETP) have been established in order to regulate turbidity and other parameters, which will fuel the growth of market.
  • Increasing number of desalination plants in the Middle Eastern region is amplifying demand for turbidimeters.
  • Handheld turbidimeters are gaining traction owing to their compact size and application in time-critical measurements. However, highly accurate analysis is still majorly conducted by benchtop turbidimeters, as they have a wider measurment range.
  • Currently, sales of benchtop turbidimeters are relatively high in South Asia, because of more popularity of laboratory analysis in various industries.
  • Prices of benchtop and handheld turbidimeters are comparatively low in East Asia than other regions, owing to the prominent presence of local manufacturers.
  • Manufacturers are increasingly selling their products online to capitalize on features such as user-friendly interface, easy selection criteria, and price comparison.

Key Companies Hold 30% Market Share

Turbidimeter market is highly fragmented, as large number of players are offering products for diverse applications. Key manufacturers such as Hach, Emerson Electric Co., Thermo Fisher Scientific, WTW (Xylem Inc.), and Merck KGaA, account for about 30% of the overall market share. In the current scenario, North America and Europe are anticipated to account for a significant share of the global turbidimeter market owing to implementation of stringent regulations to maintain turbidity levels in water. For instance, in the U.S., public drinking water that uses direct filtration for turbidity control cannot exceed 1.0 NTU.

More About the Report

The research report analyzes total sales of turbidimeters on the basis of volume (units) and value (US$ Mn). The report includes a competition analysis section that includes market structure analysis, tier structure analysis, competition development, and other crucial information about global and regional players in the market. Moreover, the market is projected on the basis of factors such as chemical industry growth, pharmaceutical sales, end-use industry overview, desalination and water treatment plants, and water quality regulations in different countries.

Comments

Post a Comment

Popular posts from this blog

Solar Inverter Market Assessment and Key Insights Analyzed Till 2032

  The global   solar invertor market   is set to reach a valuation of   US$ 11 Bn   in 2022. Sales in the market are forecast to increase at a   6% CAGR   over the forecast period. Increasing usage of solar panels and renewables energy will augment the growth in the market. Hig adoption of solar invertors in the residential, commercial, and industrial and utilities will continue driving sales in the market. Over the past years, manufacturers are expanding their product lines with new technological advancement in the invertor technologies. As solar energy utilisation in photovoltaic systems is mostly dependent on the inverter, solar inverters are potentitally beneficial for lowering global warming and greenhouse impact. “Increasing awareness regarding energy-efficient household equipment, along with stringent regulations pertaining to carbon emissions and energy consumption will drive sales of solar invertors,” says an FMI analyst. Key Takeaways: Based on product type, demand in the cen
Read more

Tower Crane Market: Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2020-2030

  Global tower crane sales are set to be valued at US$ 19.3 Bn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The report estimates global  tower crane market  to grow at nearly 4.8% during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on tower cranes market growth will evolve in the next decade. Get | Download Sample Copy with Graphs & List of Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-4620 Demand for tower crane waned in 2020, due to the recessionary effects of COVID-19 on the construction activities, resulting in retardation of new and rental sales of tower cranes However, barring a few countries, the construction activities has resumed at a healthy rate post Q2 of the financial year. With the sector undergoing a recovery mode, the immediate as well as long-term growth outlook of Tower Crane
Read more

Automated Parcel Delivery Terminals Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2032

 According to industry estimates, the global market for  automated parcel delivery terminals  will reach US$ 720 Million   by 2022 and is expected to reach US$ 2 Billion by 2032 while recording a CAGR of 10.9% during the forecast period from 2022 to 2032. With a growing demand for more deliveries and increasing pressure for shorter response times, there is a growing need for shorter transportation times in the automated parcel delivery terminals in the market. Increasing demand for online medicine delivery apps as well as same-day delivery systems has resulted in significant growth in the market for automated parcel delivery terminals. Market participants are experiencing new methods of parcel delivery with the growing adoption of innovative distribution channels. E-commerce companies, retailers, and manufacturers are working together in order to meet consumer demands in real-time while minimizing operational costs. To provide customers with individualized service, companies are in
Read more