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Potentiometric Titrators Market

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

Potentiometric Titrators Market By Product (Redox Titration, Acid-Base Titration, Precipitation Titration, COD Measurement, Neutralization Titration), End Use Industry (Food & Beverage, Pharmaceutical, Electronics, Paper & Pulp, Chemical, Oil & Gas, Wastewater Treatment, Metallurgical) & Region - Forecast 2022-2032

Potentiometric Titrators Market Overview

Global sales of potentiometric titrators were valued at US$ 283.5 Billion in 2021, and are likely to further increase to US$ 304 Billion by 2022-end. Compared to the previous year, the market registered a y-o-y incline of 7.2%. In the long-run, the potentiometric titrators industry is likely to flourish at a 7% value CAGR to reach US$ 598 Billion.

Report Attribute

Details

Estimated Base Year Value (2021)

US$ 283.5 Billion

Expected Market Value (2022)

US$ 304 Billion

Anticipated Forecast Value (2032)

US$ 598 Billion

Projected Growth Rate (2022-2032)

7% CAGR

With increasing demand for accurate and fast titrations in end-use industries, the market for automatic potentiometric titrators is gaining traction. Another factor expected to drive the market for potentiometric titrators is the growing concern in pharmaceutical industries about maintaining quality standards.

Titration is a quantitative chemical analysis technique for determining the concentration of a dissolved substance. Potentiometric titration determines the concentration of a chemical component in a solution by measuring the potential difference between the indicator electrode and the reference electrode when the current passed through the solution only maintains thermodynamic equilibrium. Pharmaceutical, petrochemical, chemical, food processing, and other industries use potentiometric titrators for quality control and research and development.

Which are Some Prominent Drivers Spearheading Potentiometric Titrators Market Growth?

Despite these challenges, the potentiometric titrators market is expected to grow at a rapid pace in the coming years. Manufacturers of potentiometric titrators serve a wide range of industries with stringent quality standards. Potentiometric titrators are widely used in the food and beverage industries for regulatory compliance and quality control. With the increased demand for food and beverage products, the use of potentiometric titrators to help regulate the texture, taste, nutrition, appearance, and stability of the food will skyrocket.

Furthermore, titration with potentiometric titrators is an important part of the pharmaceutical industry's analysis and is used to analyze various raw materials. The pharmaceutical market is expanding steadily, and as a result, the market for potentiometric titrators is expected to grow.

Rising urbanization and a growing middle class make medicines more affordable and accessible to more people, as well as increasing demand for potentiometric titrators in the manufacturing process. Packaging is expanding all over the world, as is the demand for pulp for textile applications. Various titration instruments, such as potentiometric titrators, are used in the paper and pulp manufacturing process.

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What are the Challenges Faced by the Potentiometric Titrators Industry?

The main disadvantage of potentiometric titration is that it is extremely pH sensitive. Potentiometric titration takes more time than indicator titration. Errors can occur during the preparation of solutions or as a result of contamination. All these factors may stifle the market growth.

Why is Asia-Pacific emerging as an Opportunistic Potentiometric Titrators Market?

Due to the rapid expected growth of pharmaceutical manufacturing capabilities in countries such as India and China, APAC is expected to be the largest consumption region for potentiometric titrators during the forecast period.

Nikhil Kaitwade
Principal Consultant
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How is Europe Contributing to Growth of the Potentiometric Titrators Market?

According to Future Market Insights, Economic turmoil in various parts of the world has had an impact on investments in potentiometric titrators. Europe, in particular, has been a key region of concern in recent years, and with the slowdown in manufacturing in this region, opportunities for the potentiometric titrators market have been limited will generate favorable conditions for market growth.  However, production of potentiometric titrators would be dominated primarily by European firms.

Market Competition

The market for potentiometric titrators is evolving, with researchers focusing on developing potentiometric titrators with advanced features such as an easy-to-use interface, a built-in printer, and diagnostic equipment that go beyond existing features such as automatic calculation, graphing, titrant dispensing, and end-point detection. Some of the key participants present in the global Potentiometric Titrators market include Thermo Fischer Scientific Inc., Metrohm AG, GPS Ltd., Hanna Instruments, Hitachi High Technologies Corporation, Kyoto Electronics Manufacturing Co. Ltd., Hach, Veego Instruments Corporation, Faneks, Hiranuma Sangyo Co. Ltd. and Koehler Instrument Company Inc. among others.

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Scope of Report

Report Attribute

Details

Growth Rate

CAGR of 7% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

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

Segments Covered

  • Application
  • End Use Industry
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Mexico
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Poland
  • Russia
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • Thermo Fischer Scientific Inc.
  • Metrohm AG
  • GPS Ltd.
  • Hanna Instruments
  • Hitachi High Technologies Corporation
  • Kyoto Electronics Manufacturing Co. Ltd.
  • Hach
  • Veego Instruments Corporation
  • Faneks
  • Hiranuma Sangyo Co. Ltd.
  • Koehler Instrument Company Inc.

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Key Segments Profiled in the Potentiometric Titrators Industry Survey

Application:

  • Redox Potentiometric Titration
  • Acid-Base Potentiometric Titration
  • Precipitation Potentiometric Titration
  • Potentiometric Titrators for COD Measurement
  • Neutralization Potentiometric Titration

End Use Industry:

  • Potentiometric Titrators for Food & Beverage
  • Potentiometric Titrators for Pharmaceuticals
  • Potentiometric Titrators for Electronics
  • Potentiometric Titrators for Paper & Pulp
  • Potentiometric Titrators for Chemical Manufacturing
  • Potentiometric Titrators for Oil & Gas
  • Potentiometric Titrators for Wastewater Treatment
  • Potentiometric Titrators for Metallurgical and Other Industries

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

Frequently Asked Questions

FMI projects the global Potentiometric Titrators market to expand at a 7% value CAGR by 2032.

Asia Pacific is expected to be the most opportunistic Potentiometric Titrators market.

Thermo Fischer Scientific Inc., Metrohm AG and GPS Ltd. are some prominent potentiometric titrators manufacturers

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Nikhil Kaitwade
Principal Consultant
LinkedIn
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Potentiometric Titrators Market