Report Id: SNS/EQIP/1181 | May 2022 | Region: Global | 130 Pages
Report Scope & Overview:
The Total Organic Carbon (TOC) Analyzer Market size was valued at USD 1.21 Bn in 2022 and is expected to reach at USD 2.04 Bn by 2030, and grow at a CAGR of 6.71% over the forecast period 2023-2030.
Water purity is critical in a variety of sectors, including semiconductor manufacturing, power generation, and pharmaceuticals. Organic chemicals and other microbes present in the water can cause storage, filtration, and other components and systems to fail. When this sort of polluted water is not filtered, the substances in the water can cause severe problems, ranging from industrial system damage to product quality issues, jeopardizing the organization's overall profitability. The purity of water is crucial in a variety of sectors, including pharmaceutical and semiconductor production, as well as power generation.
The quantity of organic carbon in a water or liquid sample is measured using a TOC analyzer. The water quality is also determined using TOC analyzer equipment. Because of its ability to respond to diverse forms of organic carbon, whether dissolved in water, TOC analyzer equipment is an essential monitoring parameter. TOC analysis is an analytical method that aids businesses in determining if the water or liquid they are utilizing for their process are pure. Acidification, oxidation, detection, and quantification are the three phases of total organic carbon analysis. The inorganic carbon in the substance is removed during the acidification process. The remainder of the sample is converted to carbon dioxide (CO2) and other gases during the oxidation process. The produced CO2 gas is swept via a nondispersive infrared detector and a conductive detector throughout the detection and quantification procedure.
Microelectronics industry expansion.
The pharmaceutical sector is rapidly expanding.
needed to separate organic materials from wastewater.
capacity to oxidize organic molecules effectively, equipment dependability, compatibility, and mobility.
High equipment costs
Certain countries have strict government policies.
Cost-effective equipment development.
Global urbanization is accelerating.
IMPACT OF COVID-19:
The emergence of the new coronavirus pandemic is one of the significant difficulties that Total Organic Carbon (TOC) Analyzer Market companies have been dealing with since the historic forecast period ended in 2019. The pandemic has been labeled a healthcare emergency, and as a result, the world's strong healthcare service providers and infrastructures are failing, causing an increase in the level of suffering. Rising pandemic cases are being taken into account, and worldwide governments are working on preventing the virus from spreading. As a result, worldwide governments were obliged to establish legislation and implement harsh restrictions that would have an impact on the functioning but might assist slow the spread of the epidemic internationally. However, the tight restrictions adopted, such as the lockdown, had a significant influence on market functioning, resulting in a substantial disruption in the worldwide market's supply chain mechanism.
Offerings, type, technology, application, industry, and region are all used to segment the TOC analyzer market. By 2028, the hardware category is predicted to have the biggest market share based on offerings. This market is being propelled ahead by rising demand for TOC analyzer hardware from a variety of sectors throughout the world.
Based on the application, the "wastewater treatment" category represented a greater part of the entire market. Many nations and areas have strict wastewater treatment and transportation restrictions and requirements imposed by legislative bodies. The need for TOC analyzers for wastewater treatment will be driven by higher water quality requirements in industrial applications and stricter environmental legislation on water treatment and wastewater management. The market for high-purity water, on the other hand, is predicted to develop at a considerable CAGR throughout the forecast period. The crucial usage of high-purity water in numerous sectors such as pharmaceuticals, semiconductors, and energy & electricity are the main reasons driving the market.
During the forecast period, the TOC analyzer market for the pharmaceutical industry is predicted to develop at the fastest rate. Because several regulatory authorities have defined restrictions for TOC levels in high-purity water, water for injection (WFI), and other applications of water in the pharmaceuticals business, TOC monitoring is crucial.
KEY MARKET SEGMENTATION:
On The Basis of Offering:
On The Basis of Type:
On The Basis of Technology:
Ultraviolet (UV) Oxidation
UV Persulfate Oxidation
On The Basis of Application:
High Purity Water
Water for Injection
Industrial Process Water
On The Basis of Industry:
Energy and Power
Oil and Gas
Food and Beverages
The Total Organic Carbon (TOC) Analyzer market is divided into North America, South America, Europe, Asia Pacific, the Middle East, and Africa. Because of the pharmaceutical, oil and gas, and food and beverage sectors, Asia Pacific is likely to obtain a considerable market share. During the projected period, the market is expected to develop due to the large population and increased expenditure on wastewater treatment.
Because of government efforts, strict wastewater treatment rules and regulations, and increased investments, North America is expected to have a high CAGR throughout the projected period. Furthermore, the availability of technical infrastructure to perform research trials has an impact on the area market.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
The major kay players are Shimadzu, GE Analytical Instruments, Hach, Mettler Toledo, Analytik Jena, Elementar Analysensysteme GmbH, Xylem, Teledyne Tekmar, LAR Process Analyser, Metrohm, Skalar Analytical, Comet, Tailin, Endress+Hauser.
|Market Size in 2022||US$ 1.21 Billion|
|Market Size by 2030||US$ 2.04 Billion|
|CAGR||CAGR 6.71% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Offering (Hardware, Software, Services)
• by Type (Online and Laboratory)
• by Technology (Ultraviolet (UV) Oxidation, UV Persulfate Oxidation, High-Temperature Combustion, Others)
• by Application (High Purity Water, Water for Injection, Source Water, Industrial Process Water, Wastewater Treatment, Surface Water)
• by Industry (Pharmaceuticals, Environmental, Energy and Power, Semiconductor, Oil and Gas, Chemicals, Food and Beverages, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Shimadzu, GE Analytical Instruments, Hach, Mettler Toledo, Analytik Jena, Elementar Analysensysteme GmbH, Xylem, Teledyne Tekmar, LAR Process Analyser, Metrohm, Skalar Analytical, Comet, Tailin, Endress+Hauser.|
|Key Drivers||•Microelectronics industry expansion.
•The pharmaceutical sector is rapidly expanding.
|Restraints||•High equipment costs.
•Certain countries have strict government policies.
Frequently Asked Questions (FAQ) :
Ans: - Total Organic Carbon (TOC) Analyzer Market Size was valued at USD 1.14 Bn in 2021.
Ans: -Microelectronics industry expansion and the pharmaceutical sector is rapidly expanding.
Ans: - 5segments of the Total Organic Carbon (TOC) Analyzer Market.
Ans: - The major kay players are Shimadzu, GE Analytical Instruments, Hach, Mettler Toledo, Analytik Jena, Elementar Analysensysteme GmbH, Xylem, Teledyne Tekmar, LAR Process Analyser, Metrohm, Skalar Analytical, Comet, Tailin, Endress+Hauser.
Ans: - Key Stakeholders Considered in the study are Raw material vendors, Regulatory authorities, including government agencies and NGOs, Commercial research, and development (R&D) institutions, Importers and exporters, etc.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
18.104.22.168 United Kingdom
22.214.171.124 South Korea
126.96.36.199 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Total Organic Carbon (TOC) Analyzer Market Segmentation, by Offering
9. Total Organic Carbon (TOC) Analyzer Market Segmentation, by Type
10. Total Organic Carbon (TOC) Analyzer Market Segmentation, by Application
10.1 High Purity Water
10.2 Water for Injection
10.3 Source Water
10.4 Industrial Process Water
10.5 Wastewater Treatment
10.6 Surface Water
11. Total Organic Carbon (TOC) Analyzer Market Segmentation, by Industry
11.3 Energy and Power
11.5 Oil and Gas
11.7 Food and Beverages
12. Total Organic Carbon (TOC) Analyzer Market Segmentation, by Technology
12.1 Ultraviolet (UV) Oxidation
12.2 UV Persulfate Oxidation
12.3 High-Temperature Combustion
13. Regional Analysis
13.2 North America
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4.2 South Korea
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.3 South Africa
13.6 Latin America
13.6.3 Rest of Latin America
14. Company Profiles
14.1.2 Products/ Services Offered
14.1.3 SWOT Analysis
14.1.4 The SNS view
14.2 GE Analytical Instruments
14.4 Mettler Toledo
14.5 Analytik Jena
14.6 Elementar Analysensysteme GmbH
14.8 Teledyne Tekmar
14.9 LAR Process Analyser
14.10 Skalar Analytical
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share analysis
15.3 Recent Developments
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.