DUBLIN, Oct. 31, 2023 /PRNewswire/ — The “Titrators (Automatic and Manual) – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global Titrators market, which was valued at USD 368.7 million in 2022, is projected to reach USD 548.4 million by 2030, with a compound annual growth rate (CAGR) of 5.1% during the forecast period from 2022 to 2030.
The Coulometric segment is expected to record the highest growth with a CAGR of 5.4%, reaching USD 334.3 million by the end of the analysis period. Meanwhile, the Volumetric segment is estimated to grow at a CAGR of 4.7% over the next eight years.
Key Market Insights:
Coulometric Segment: This segment is anticipated to exhibit strong growth, with a CAGR of 5.4%, reaching USD 334.3 million by 2030.
Volumetric Segment: This segment is expected to grow at a CAGR of 4.7% during the forecast period.
Geographic Trends: The U.S. market is estimated at USD 128.5 million in 2022, while China is forecasted to grow at a CAGR of 6.8% to reach USD 38.6 million by 2030. Japan and Canada are also noteworthy markets, each expected to grow at 4.4% and 4.6%, respectively. Germany, within Europe, is forecasted to grow at a CAGR of approximately 4.9%.
Key Competitors:
The Titrators market features a total of 33 key competitors, including:
Merck KGaA
Cole-Parmer Instrument Company LLC
Mettler-Toledo International, Inc.
Hach Company
Metrohm AG
Hanna Instruments, Inc.
Evoqua Water Technologies LLC
Analyticon Instruments Corporation
Foss A/S
Hirschmann Laborgerate GmbH & Co. KG
JM Science, Inc.
DKK-TOA Corporation
Hiranuma Sangyo Co., Ltd.
Kyoto Electronics Manufacturing Co., Ltd.
SCP Science
Economic Outlook:
The global economic outlook is showing signs of improvement, with growth recovery expected in the coming years. The United States, despite experiencing slowing GDP growth, has overcome the recession threat. Europe is seeing easing headline inflation, which is contributing to increased economic activity. China is forecasted to witness strong GDP growth as the pandemic recedes and the government adjusts its COVID-19 policy. India is on track to become a trillion-dollar economy by 2030.
However, challenges remain, such as slower-than-expected decline in global headline inflation, persisting food and fuel inflation in many developing countries, high retail inflation, and its impact on consumer confidence and spending. Governments are addressing these challenges, but they continue to affect market sentiments. Stricter regulations and climate change considerations will add complexity to economic decisions.
The rise of new technologies, including AI, machine learning, quantum technologies, and renewables, is expected to drive growth and value to global GDP in the coming years. Despite short-term challenges, there are opportunities for adaptable businesses and leaders.
What’s New?
Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies – Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Impact on Laboratory Instrumentation Sector
Titrators (Automatic and Manual) – Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Titrators: An Important Analytical Instrument
Top Features Customers Seek While Purchasing Titrators
Types of Titrators
Applications of Titrators
Competition
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Product Innovations Drive Market Growth
Mini Titrators Gain Space in Laboratories
Titrators Gain Importance as COVID-19 Accelerates Demand for Disinfectants
Sales Growth of Cleaning Products Due to COVID-19 in the US in March 2019
Global Sales of Hand Sanitizers in US$ Million: 2014-2024
Automated Titration Systems Gain Wide Acceptance
Smart Titration Systems to Improve Lab Data Management
Replacement Sales Support Demand
Potentiometric Titrators Record Strong Growth
Instrument Versatility Gains Prominence in Titrators Market
Regulatory Compliance Drives Growth
Food & Beverage Testing Augments Demand
U.S. FDA Classification of Acid Foods
Titrators Vital for Quality Control Analysis in Beverage Manufacturing
Global Beverage Consumption Breakdown by Category: 2019
Beverage Analysis – Standards and Methods
Rising Demand for Dairy Products Supports Market Growth
Drug Safety: A Significant Growth Driver for Titration
Global Prescription Drug Sales (In US$ Billion) for the Years 2017, 2019, 2021, 2023 & 2025
Growing Concern Over Environmental Contamination to Drive Demand
Titration Technology Finds Significant Application Determining Water Quality and Safety
Titration Systems and Growing Relevance in Textile Industry
Titrators Find Varied Applications in Paper and Pulp Industry
Large Volume of Quality Tests in Oil and Petrochemical Industry: An Opportunity for Titrators Market
International Standards on Petrochemical and Biofuel Analysis with Compliant Methods of Analysis
Biodiesel’s Emergence as Alternative to Conventional Fuel to Promote Use of Titration
Select Parameters for Biodiesel Analysis and Techniques as per Regulatory Compliance
Consumption of Biodiesel in OECD Countries in Billion Liters: 2015-2025
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/101y6t
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