Press release
Global Silica Analyzer Market Size, Trends & Analysis - Forecasts to 2026
Silica Analyzer Market InsightsThe global silica analyzer market is estimated to witness a high CAGR during the forecast period (2019-2026). Growing demand for silica analyzer for measurement of silica content in water sample is one of the major factors driving the market. The silica analyzer equipment has a critical role in guarantee of water quality and the protection of other equipment from corrosion. They are easy to use, install and they also can be easily replaced. The automatic calibration of the equipment, automatic zeroing of the instrument after each and every measurement, the continuous display of the silica content and the measurement timing are some of the major properties offered by silica analyzers. These are some of the major factors propelling the market growth. Growing demand from end use industries such as water purification, semiconductor, and power generation among others is expected to propel the market growth during the forecast period. However, the high cost of silica equipment is likely to hamper the market growth during the forecast period.
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Silica Analyzer Market: By Type
On the basis of type, the global silica analyzer market is segmented into equipment and consumables. The consumables segment is expected to grow at the highest CAGR during the forecast period. Consumables are frequently replaced or refilled for better functioning. For example, a single 2-liter bottle of chemical can be used for 60 days depending upon the usability and frequency of silica analyzer.
Silica Analyzer Market: By Industry
On the basis of industry, the market is segmented into power generation industry, and semiconductor industry among others. Power generation industry segment is expected to hold a significant market share and is expected to grow at the highest CAGR during the forecast period. In power generation industry, silicon analyzers are used to monitor the measurement of silica in boiling steam water which is used in power generation plant. Accurate measurement of silica concentration in steam water offers good power plant efficiency and reliability. Monitoring silica in water helps to avoid scaling on turbine which improves the thermal efficiency of water in power plant.
Silica Analyzer Market: By Region
On the basis of region, the market is divided into North America, Europe, Asia Pacific, Middle East & Africa and Central & South America. Asia Pacific region is likely to account for the largest market share during the forecast period (2019-2026). Rapid industrialization in developing countries such as China, India, Japan, South Korea, and Singapore among others is the one of the major factors driving the market growth in the region. The expanding power generation industry and increasing foreign investments in the region are the major factors driving the silica analyzer market growth. The presence of coal mines along with availability of coal in developing economies such as India and China is boosting the power generation industry. North America region is expected to grow at a significant market share during the forecast period. Growing water purification activities in the region is propelling the market growth for silica analyzers.
Silica Analyzer Market: End Use Landscape
The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase. The key end-users of the markets are West country energy, Samsun, Georgia power plant, and Sony semiconductors solution among others.
Silica Analyzer Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the Silica Analyzer market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Silica Analyzer Market Share & Competitor Analysis
Some of the key players operating in the Silica Analyzer market are: Hach, Thermo Fisher Scientific, ABB, Mettler Toledo, Horiba, Nikkiso, Swan Analytische Instrumente, SPX Flow, DKK Toa, Waltron Group, and Endress+Hauser among others.
In October 2017, Hach acquired AppliTek, a manufacturer of online analyzers and monitoring systems based in Nazareth, Belgium
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