by Total carbon analyzer is an instrument used to measure total carbon content present in water and liquid samples. Total carbon analyzers measure all organic and inorganic carbon species present in the sample through combustion catalytic oxidation and Non-Dispersive Infrared (NDI) techniques. The devices find wide application in various end use industries like oil and gas, pharmaceuticals, semiconductors, and others to monitor carbon content and quality of water during manufacturing and processing. Factories and production facilities have stringent norms and regulations regarding carbon emission levels. Total carbon analyzers help these industries to measure and control carbon emissions to adhere to the compliance standards.
The global Total Carbon Analyzer Market is estimated to be valued at US$ 967.3 Mn in 2023 and is expected to exhibit a CAGR of 8.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growing awareness pertaining to water quality monitoring for process and waste water is driving the demand for total carbon analyzers. Stringent regulations around the world to limit carbon emissions from industries has prompted end users to extensively use total carbon analyzers to control and optimize carbon output. Additionally, technological advancements in analyzer design like improved accuracy, auto-calibration, touch screen interfaces and networking capabilities are expanding the application scope of total carbon analyzers across various industries. Moreover, analyzers with data storage, remote monitoring and advanced features like LED status indicators, integrated pumps are gaining popularity.
Porter’s Analysis
Threat of new entrants: Low Capital requirements and established industry players make it difficult for new players to enter the total carbon analyzer market.
Bargaining power of buyers: Buyers have moderate bargaining power due to availability of substitute products and options from various manufacturers.
Bargaining power of suppliers: Established suppliers have moderate bargaining power due to differentiated products and technologies used in manufacturing total carbon analyzer.
Threat of new substitutes: Substitute products like carbon dioxide analyzer offer threat to total carbon analyzer market at a lesser cost.
Competitive rivalry: Intense competition exists among key players to gain larger market share through product innovation and geographical expansion.
Key Takeaways
The Global Total Carbon Analyzer Market Demand is expected to witness high growth over the forecast period of 2023 to 2030. The global Total Carbon Analyzer Market is estimated to be valued at US$ 967.3 Mn in 2023 and is expected to exhibit a CAGR of 8.5% over the forecast period 2023 to 2030.
Regional analysis – North America region currently dominates the total carbon analyzer market followed by Europe. The Asia Pacific region is expected to witness fastest growth during the forecast period.
Key players operating in the Total Carbon Analyzer market are UIC, Inc., Shimadzu Corporation, ELTRA GmbH, Xylem Inc., Skalar Analytical B.V.,Hach Company, Inc., GE Analytical Instruments, Inc., Teledyne Analytical Instruments, Mettler-Toledo International Inc., and Analytik Jena AG. These players are focusing on new product launches and expanding their geographical presence to garner larger market share.
For instance, in 2022, UIC, Inc. launched its new Total Organic Carbon Analyzer (TOC) which uses static combustion method to measure total carbon and total organic carbon content in various samples like water, wastewater, soil extracts, ultrapure water etc. with high precision and accuracy.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
