Coulometric Titrators Lead Market Surge with 5.4% CAGR, Driven by Increasing Demand in Drug Safety and Environmental Contamination Analysis, Heading Towards $334.3 Million

DUBLIN, Oct. 31, 2023 /PRNewswire/ — The “Titrators (Automatic and Manual) – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

The global Titrators market, which was valued at USD 368.7 million in 2022, is projected to reach USD 548.4 million by 2030, with a compound annual growth rate (CAGR) of 5.1% during the forecast period from 2022 to 2030.

The Coulometric segment is expected to record the highest growth with a CAGR of 5.4%, reaching USD 334.3 million by the end of the analysis period. Meanwhile, the Volumetric segment is estimated to grow at a CAGR of 4.7% over the next eight years.

Key Market Insights:

Coulometric Segment: This segment is anticipated to exhibit strong growth, with a CAGR of 5.4%, reaching USD 334.3 million by 2030.Volumetric Segment: This segment is expected to grow at a CAGR of 4.7% during the forecast period.Geographic Trends: The U.S. market is estimated at USD 128.5 million in 2022, while China is forecasted to grow at a CAGR of 6.8% to reach USD 38.6 million by 2030. Japan and Canada are also noteworthy markets, each expected to grow at 4.4% and 4.6%, respectively. Germany, within Europe, is forecasted to grow at a CAGR of approximately 4.9%.

Key Competitors:

The Titrators market features a total of 33 key competitors, including:

Merck KGaACole-Parmer Instrument Company LLCMettler-Toledo International, Inc.Hach CompanyMetrohm AGHanna Instruments, Inc.Evoqua Water Technologies LLCAnalyticon Instruments CorporationFoss A/SHirschmann Laborgerate GmbH & Co. KGJM Science, Inc.DKK-TOA CorporationHiranuma Sangyo Co., Ltd.Kyoto Electronics Manufacturing Co., Ltd.SCP Science

Economic Outlook:

The global economic outlook is showing signs of improvement, with growth recovery expected in the coming years. The United States, despite experiencing slowing GDP growth, has overcome the recession threat. Europe is seeing easing headline inflation, which is contributing to increased economic activity. China is forecasted to witness strong GDP growth as the pandemic recedes and the government adjusts its COVID-19 policy. India is on track to become a trillion-dollar economy by 2030.

However, challenges remain, such as slower-than-expected decline in global headline inflation, persisting food and fuel inflation in many developing countries, high retail inflation, and its impact on consumer confidence and spending. Governments are addressing these challenges, but they continue to affect market sentiments. Stricter regulations and climate change considerations will add complexity to economic decisions.

The rise of new technologies, including AI, machine learning, quantum technologies, and renewables, is expected to drive growth and value to global GDP in the coming years. Despite short-term challenges, there are opportunities for adaptable businesses and leaders.

What’s New?

Special discussions on the global economic climate and market sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and trademarked research platformComplimentary updates for one yearAccess to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market InsightsWorld Market TrajectoriesImpact of Covid-19 and a Looming Global RecessionImpact on Laboratory Instrumentation SectorTitrators (Automatic and Manual) – Global Key Competitors Percentage Market Share in 2022 (E)Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)Titrators: An Important Analytical InstrumentTop Features Customers Seek While Purchasing TitratorsTypes of TitratorsApplications of TitratorsCompetitionRecent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Product Innovations Drive Market GrowthMini Titrators Gain Space in LaboratoriesTitrators Gain Importance as COVID-19 Accelerates Demand for DisinfectantsSales Growth of Cleaning Products Due to COVID-19 in the US in March 2019Global Sales of Hand Sanitizers in US$ Million: 2014-2024Automated Titration Systems Gain Wide AcceptanceSmart Titration Systems to Improve Lab Data ManagementReplacement Sales Support DemandPotentiometric Titrators Record Strong GrowthInstrument Versatility Gains Prominence in Titrators MarketRegulatory Compliance Drives GrowthFood & Beverage Testing Augments DemandU.S. FDA Classification of Acid FoodsTitrators Vital for Quality Control Analysis in Beverage ManufacturingGlobal Beverage Consumption Breakdown by Category: 2019Beverage Analysis – Standards and MethodsRising Demand for Dairy Products Supports Market GrowthDrug Safety: A Significant Growth Driver for TitrationGlobal Prescription Drug Sales (In US$ Billion) for the Years 2017, 2019, 2021, 2023 & 2025Growing Concern Over Environmental Contamination to Drive DemandTitration Technology Finds Significant Application Determining Water Quality and SafetyTitration Systems and Growing Relevance in Textile IndustryTitrators Find Varied Applications in Paper and Pulp IndustryLarge Volume of Quality Tests in Oil and Petrochemical Industry: An Opportunity for Titrators MarketInternational Standards on Petrochemical and Biofuel Analysis with Compliant Methods of AnalysisBiodiesel’s Emergence as Alternative to Conventional Fuel to Promote Use of TitrationSelect Parameters for Biodiesel Analysis and Techniques as per Regulatory ComplianceConsumption of Biodiesel in OECD Countries in Billion Liters: 2015-2025

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/101y6t

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