Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor On-line Total Organic Carbon (TOC) Analyzer Market | Page 2
Europe is the second largest region for on-line total organic carbon analyzer market.
Strengthening government rules for environment conservation and industrial water and
wastewater treatment in countries such as Germany and the U.K are the factors driving the
growth of the TOC analyzer market in this region. Germany accounts for the largest share in the
Europe TOC analyzer market. With its domestic pharmaceutical industry consisting of
companies such as Bayer, BASF, and Hoechst, the pharmaceutical industry has seen growth in
the last few years. Additionally, Germany is growing particularly in plant breeding and
agrochemicals, making it an important destination for the TOC analyser market, in terms of
growth.
Asia Pacific region has a vast potential for the TOC analyzer market and is expected to witness
the highest CAGR during the forecast period. Water contamination is one of the major issues in
the Asia Pacific region, mainly due to increased environmental deterioration, high soil erosion,
occasional floods, and increase in pollution levels in India, China, and Japan. The availability of
clean water is decreasing, thus, driving the demand for water treatment in these countries,
which ultimately increase the demand for the TOC analyzers.
Segmentation:
For the study, global on-line Total Organic Carbon (TOC) analyzer market is segmented into
technology, application, and end-user. Based on end-user, the market has been divided into
wastewater treatment and non-wastewater treatment. Wastewater treatment accounted for
the largest market share of 62.84% in 2016, with a market value of USD 332.0 million and is
anticipated to witness the highest CAGR of 5.81% during the forecast period. Wastewater
treatment is being broadly used for gaining clean water, which can be used for various
municipal and industrial activities. Wastewater is treated by using the treatment equipment for
the removal of harmful chemicals, to avoid contamination of water resources. TOC analyzer
helps wastewater treatment plants enhance and improve their processes, making it possible to
respond faster to changes in the effluent water. TOC analyzer provides accurate and reliable
TOC data, providing an early warning of unusual effluent water conditions.
Based on technology, the market has been segmented into ultraviolet oxidation, UV persulfate
oxidation, and high-temperature combustion. High-temperature combustion segment
accounted for the largest market share of 45.35% in 2016, with a market value of USD 239.6
million and is projected to witness the highest CAGR of 6.13% during the forecast period. Based
on application, the market has been segmented into River water, pharmaceutical, food &
beverages, chemicals, semiconductor, rain water, and others. River water segment accounted
for the largest market share in 2016, with a market value of USD 135.3 million and is projected
to witness a CAGR of 6.06% during the forecast period.