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Boron Analyzer Market

Market Insights on Boron Analyzer covering sales outlook, demand forecast & up-to-date key trends

Boron Analyzer Market by Application & Region - Forecast 2022-2032

Boron Analyzer Market Snapshot

Global boron analyzer demand is expected to be valued at US$ 2.35 Billion in 2022, forecast to grow at a CAGR of 5% to be valued at US$ 3.83 Billion from 2022 to 2032. Growth of boron analyzers can be attributed to easy installation, accurate results and the price of the same.

Report Attribute

Details

Estimated Base Year Value (2021)

US$ 2.24 Billion

Expected Market Value (2022)

US$ 2.35 Billion

Anticipated Forecast Value (2032)

US$ 3.83 Billion

Projected Growth Rate (2022-2032)

5% CAGR

The maintenance of water quality has become very important to maintain optimal health of a human being. This has increased the demand for systems that can help in maintaining and managing the water quality. One such system that is used for water quality management is boron analyzer.

A boron analyzer is an instrument that provides continuous, online and unattended monitoring of levels of boron in water applications. The boron analyzer monitors part-per-trillion levels of deionized and ultrapure water applications. The boron is released before silica from the mixed-bed ion exchange resins in the boron analyzer.

This helps in determining the resin exhaustion in microelectronics applications. These systems provide various features including multi-stream options, in-depth sensitivity and extensive suite of outputs. The boron analyzer is widely used in order to minimize and control the leakage of ionic and colloidal silica from ion removal processes.

The boron analyzer can be installed very quickly and does not require any skilled operator. It also matches the sensitivity and accuracy levels of on-line Ion chromatography. Such factors are providing significant traction to the growth of boron analyzer market.

The boron analyzer allows continuous and online monitoring with multi-stream options up to four streams. It requires minimal maintenance and consumables. Such benefits are driving the adoption of boron analyzer market. These systems find a wide range of applications at the outlet of primary mixed-resin beds, Electrode ionization units, and polishing resins.

They are also used in the regeneration process for regenerated resins to ensure lowest possible boron loading of UPW systems. Vendors in the boron analyzer market are focusing on collaborating with the semiconductor manufacturer to develop advanced water purity management systems. They are also focusing on commercialization strategy to enter into untapped markets across the globe.

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Which are Some Prominent Drivers Enhancing Sales of Boron Analyzers?

The boron analyzer systems enable continuous monitoring of ultra-trace levels of boron. The boron analyzer systems provide major advantage of measuring boron at a level of concentration that was previously achievable only by instrumentation. Such factors are driving the adoption of boron analyzer in the market.

The boron analyzer is very cost efficient. The process carried out by boron analyzer systems are less expensive as compared to the process carried out by instrumentation.  These systems provide a high return on investment. Also, it prevents from costly downtime and repairs easily. Such factors are increasing the application of boron analyzer thereby driving the market growth.

What are the Challenges Faced by the Boron Analyzer Industry?

The lack of awareness about the boron analyzer is expected to hamper the growth of the equipment in the market. These systems are costlier and thus require an initial investment. Also, the boron analyzer systems have low availability in developing regions. Such factors are expected to restrain the growth of boron analyzer market.

Nikhil Kaitwade
Principal Consultant
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How is Europe Contributing towards the Sales of Boron Analyzers?

Europe is expected to be a large market for Boron Analyzer as a majority of the Boron Analyzer vendors such as Suez SA, and Applitek NV are based in the region. This not only increases the sales of boron analyzers in Europe but has also opened doors for exportation in the region.

The demand for boron analyzers from countries such as Germany and U.K. is positively influencing the sales of boron analyzers throughout Europe. Moreoevr, consumers too have shown a growing inclination towards investing in the same. Thus, Europe is expected to register a CAGR of more than 6% in the forecast period 2022-2032.

Is Cost-Efficiency Influencing the Sales of Boron Analyzers in North America?

The number of manufacturers commercializing boron analyzer in the North American region are increasing which is expected to boost the adoption of these systems in the market.  As boron analyzers are cost efficient, they are gaining huge traction across Canada and the U.S. this, in turn is increasing the sales of boron analyzers.

Higher production rate along with increasing consumer investment is escalating the sales of boron analyzers in North America. The growth of boron analyzers is also characterized by the increasing requirement of water quality management systems and low cost of the system.

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Market Competition

Some of the key players operating in the Boron Analyzer market are Ionics, Incorporated, Suez SA, Applitek NV, and GE Analytical Instruments, Inc among others.

Report Scope

Report Attribute

Details

Growth Rate

CAGR of 5% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Application
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • CIS & Russia
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • Ionics, Incorporated
  • Suez SA
  • Applitek NV
  • GE Analytical Instruments, Inc.

Customization

Available Upon Request

Key Segments Profiled in the Boron Analyzer Industry Survey

Boron Analyzer Market by Application:

  • Boron Analyzer for Semiconductor Ultrapure Process Water
  • Boron Analyzer for Ultrapure Water Power Applications
  • Boron Analyzer for Regeneration

Boron Analyzer Market by Region:

  • North America Boron Analyzers Market
  • Latin America Boron Analyzers Market
  • Western Europe Boron Analyzers Market
  • CIS & Russia Boron Analyzers Market
  • APEJ Boron Analyzers Market
  • Japan Boron Analyzers Market
  • Middle East and Africa Boron Analyzers Market

Frequently Asked Questions

FMI projects the global boron analyzer market to expand at a 5% value CAGR by 2032

Asia Pacific is expected to be the most opportunistic boron analyzer market, expanding at a 5% CAGR

Ionics, Incorporated, Suez SA, Applitek NV, and GE Analytical Instruments, Inc are some prominent boron analyzer manufacturers

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Nikhil Kaitwade
Principal Consultant
LinkedIn
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