According to Future Market Insights (FMI), the Global Turbidimeter Market will grow by 5.6% year on year in 2022, reaching a value of approximately US$ 641.8 Million by the end of 2022. The global business is expected to grow at a significant value CAGR of 4.0% between 2022 and 2029.
The covid-19 outbreak is expected to have a moderate impact on the industry. The pandemic has forced the closure of manufacturing plants and disrupted supply chains for critical components, which will harm the turbidimeter market’s prospects in the short term. However, sustained public and private sector investments in water and waste water management will help sustain demand throughout the crisis period.
“Analyzing turbidity readings are a critical function in water treatment plants. The essential nature of accuracy in these readings to remain in compliance with environment and health standards will support turbidimeter market growth for the foreseeable future,” says the FMI analyst.
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Turbidimeter Market – Key Takeaways
- Laser-based turbidimeters are rapidly gaining traction owing to higher levels of accuracy even in relatively cleaner water bodies.
- Waste water treatment applications contribute to major revenue share owing to rising use of image processing innovations in estimating effluent content.
- North America and Western Europe key turbidimeter markets supported by applications in pharmaceutical and sewage treatment sectors.
Turbidimeter Market – Key Driving Factors
- Extensive investments into water quality testing infrastructure is the primary factor of growth in the turbidimeter market.
- Strict environmental regulations on water-borne effluents supports the growth of the turbidimeter market.
- Growth of the food and beverage industry will generate key lucrative opportunities to assess proportion and purity of formulations.
Turbidimeter Market – Key Constraints
- Functional limitations of current turbidimeter technologies is a key challenge to market players.
- Easy access to automated alternatives to conventional turbidimeters is holding back market growth.
The Anticipated Impact of Coronavirus
Sustained demand for turbidimeters in the food & beverage and waste water treatment sectors will positively influence market growth during the coronavirus pandemic. In addition, new techniques of analysis will help to sustain adoption during this period. On the other hand, the disruptions of production and supply chain operations during the outbreak will have a short-term negative impact on the market.
Competition Landscape
Players in the turbidimeter market include but are not limited to LaMotte Company, Thermo Fisher Scientific Inc., Tintometer Inc., Danaher Corp., Hanna Instruments, Emerson Electric Co., PCE Instruments, Xylem Inc., Merck KGaA, and Mettler Toledo. Developers are largely investing in product development and launches. For instance, HACH Pacific has released its range of low range process turbidimeters.
More About the Report
The FMI’s market research report offers detailed insights on turbidimeter s market. The market is scrutinized on the basis of portability (handheld and stationary), application (on-field and off-field), and end use (wastewater treatment, chemical & materials, oil & gas, pharmaceuticals, pulp & paper, food & beverages, research & academia, and others) across seven key regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East and Africa).
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TURBIDIMETER MARKET TAXONOMY
By Portability Type, the Global Turbidimeter Market is segmented as:
- Handheld
- Stationary
By Application, the Global Turbidimeter Market is segmented as:
- On-field
- Off-field
By End Use, the Global Turbidimeter Market is segmented as:
- Wastewater Treatment
- Chemical & Materials
- Oil & Gas
- Pharmaceutical
- Pulp & paper
- Food & Beverages
- Research & Academia
- Others
By Region, the Global Turbidimeter Market is segmented as:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- MEA
- Oceania
About Us
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.
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