The Rising Need to Monitor and Analyze the Liquid Streams Is Driving the Liquid Process Analyzer Market
Globally, the liquid process analyzer market was valued at US$ 1.85 Bn in 2020 and is set to grow with a CAGR of 6.0% during the forecast period from 2021 to 2029. The growth of the market is driven by the rising need to monitor and analyze the critical liquid streams to maintain the quality of the industrial process. The process of liquid analyzer instruments constantly monitor the liquid streams and assist users in enhancing the performance of the process and increase productivity. These instruments also protect the process of equipment and tools from the reparation and unprepared shutdown. Furthermore, the growing demands among the liquid process analyzers among the wastewater treatment plants. As the pollution across the globe is increasing, the need for the treatment of the contaminated water also rising. As a result, the government authorities and private institutes are leveraging on the liquid process analytics tools to reduce the contaminants in the water.
Water & Wastewater Industry Is Projected To Attain Substantial Growth During The Forecast Period
The process liquid analyzer market is characterized based on the end-use into petrochemical, oil & gas, water & wastewater treatment, food & beverages, power generation, pulp & paper, semiconductor processing, and metal & mining. The water and wastewater treatment sector is estimated to account for more than 15% share in the market in 2019. The stringent government regulations across the globe to reduce water pollution and treatment of wastewater treatment plants are accelerating the market growth. Furthermore, the scarcity of freshwater resources is driving the adoption of the liquid process analytics tools among the water and wastewater treatment plants.
North America Is Leading The Liquid Process Analyzer Market
North America led the liquid process analyzer market with over 33.0% share in the revenue in 2019. The growth of the market is attributed to the large scale production of shale gas in the United States. The increasing investment in the food and beverages industry along with the pharmaceuticals and petrochemical is also acting as a major force driving the market growth. Due to exponentially growing water pollution in India and China, Asia Pacific is projected to demonstrate the highest growth rate in the market over the forecast period. In addition, regulations requiring effective wastewater processing in the industrial sector is another major factor supporting regional market growth.
The key vendors in the liquid process analyzer market are Hach Lange GmbH, Teledyne Technologies Inc., Endress+Hauser AG, The Emerson Electric Company, GE Analytical Instruments, Honeywell International Inc., Thermo Fisher Scientific Inc., Mettler-Toledo International, Inc., ABB Ltd., and Yokogawa Electric Corporation.
Historical & Forecast Period
This research report presents the analysis of each segment from 2019 to 2029 considering 2020as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2021 to 2029.
Report Scope by Segments
The liquid process analyzer market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global liquid process analyzer market based on type, end-use and geography. Key segments covered in the report are as follows:
Type Segment (2019-2029; US$ Bn)
- Aluminum Analyzers
- Ammonia Analyzers
- Chlorine Analyzers
- Conductivity Analyzers
- Dissolved Oxygen Analyzers
- Fluoride Analyzers
- Liquid Density Analyzers
- MLSS Analyzers
- Near-Infrared Analyzers
- PH/ORP Analyzers
- TOC Analyzers
- Turbidity Analyzers
End-use Segment (2019-2029; US$ Bn)
- Food & Beverages
- Metal & Mining
- Oil & Gas
- Petrochemical
- Pharmaceutical
- Power Generation
- Pulp & Paper
- Semiconductor Processing
- Water & Wastewater
- Others
Geography Segment (2019-2029; US$ Bn)
- North America (U.S., Rest of North America)
- Europe (U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, Japan, India, Rest of Asia Pacific)
- Rest of the World (Middle East & Africa, Latin America
Key questions answered in this report
- What was the market size of liquid process analyzer in 2019 and forecast up to 2029?
- Which is the largest regional market for liquid process analyzer?
- What are the major trends followed in liquid process analyzer market across different regions?
- Who are the key companies in the liquid process analyzer market?
- What are the key strategies adopted by the leading liquid process analyzer companies in market?
Unique data points of this report
- Statistics on adoption of liquid process analyzer worldwide
- Recent trends across different regions in terms of adoption of liquid process analyzer across industries
- Notable developments going on in the industry
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2019 (actual) and 2029 (forecast)
This product will be delivered within 2 business days.
Table of Contents
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Global Liquid Process Analyzer (LPA) Market, by Type
Chapter 5 Global Liquid Process Analyzer (LPA) Market, by Application
Chapter 6 North America Liquid Process Analyzer (LPA) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 7 Europe Liquid Process Analyzer (LPA) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 8 Asia Pacific Liquid Process Analyzer (LPA) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 9 Rest of the World (RoW) Liquid Process Analyzer (LPA) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 10 Company Profiles
Companies Mentioned
- Hach Lange GmbH
- Teledyne Technologies Inc.
- Endress+Hauser AG
- The Emerson Electric Company
- GE Analytical Instruments
- Honeywell International Inc.
- Thermo Fisher Scientific Inc.
- Mettler-Toledo International Inc.
- ABB Ltd.
- Yokogawa Electric Corporation.