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.