Silica Analyzers Market To Reach USD 167.3 Million By 2027 | CAGR 5.4% - Forencis Research

Global Silica Analyzers Market: Key Highlights

• According to the new market research report “Silica Analyzers Market by Type (Equipment, Consumables) by Application(Power and Process Industries, Boiler Systems, Pure Water Making Plants, Semiconductor Industrial Applications, Others) by Region (North America, Asia-Pacific, Europe, Middle East, and Africa, South America) – Global Forecast (2019 to 2027)”, the global Silica Analyzers market is estimated to reach USD 167.3 Million by 2027 at a CAGR of 5.4% during forecast period 2019-2027.
• Silica analyzers are used in various industrial applications for advanced flexibility, reduced maintenance time, and to measure silica in low temperature
• Silica analyzer has an important role in the inspection of water quality and protects other equipment from corrosion

Global Silica Analyzers Market: Key Market Dynamics

• Accurate measurement of silica in the water sample is expected to boost the market during the forecast period.  Increasing demand from water system industries and semiconductor industries are projected to fuel the growth of the market during the upcoming years.
• However, high cost of equipment, regular maintenance, and regular ch of renewables are expected to hinder the growth of the market during the forecast period
• Increasing demand from the semiconductor industry and rising need for energy in Asia-Pacific are expected to become an opportunity for the market
•  With features such as Lower cost of ownership, ease of use, fast &accurate, and high reliability increase the growth of the market in projected years

Global Silica Analyzers Market: Regional Overview

• Asia-Pacific

Asia-pacific is expected to hold the largest market share for the silica analyzers market during the next seven years due to the presence of populated countries such as India & China which are the largest energy consumers in Asia-Pacific. India and China have more number of coal-fired power industries which is directly boosting the silica analyzers market during the forecast period. According to Global Data, In November 2019, the Asia-Pacific power industry signed 91 contracts marking a rise of 20%. India is leading with 26 contracts, followed by Australia with nine, and China with seven contracts. Moreover, China, South Korea, and Taiwan are currently dominated by the market. Hence the Asia-Pacific region is expected to dominate during the forecast period.

• North America

North America is expected to grow at a faster rate during the forecast period due to growing semiconductor industries, increasing power generation projects, and infrastructural development. US and Canada are expected to grow at a faster rate in North America due to developments in US-Canada hydropower projects. METTLER TOLEDO, Hach, and Thermo Fisher Scientific Inc. are some of the key players in the North America region.

Global Silica Analyzers Market: Key Players Overview

• HORIBA:

HORIBA engages in the manufacturing and selling of automotive emission measurement systems, a wide range of scientific analyzers, environmental measuring instruments, medical, diagnostic analyzers, and measuring equipment used in the semiconductor industry. In October 2018, HORIBA acquired FuelCon AG to increase its product portfolio and service offerings for the power industry. The Company provides SLIA-300, a highly-sensitive silica monitor for measuring ultra-low density of silica at a sensitivity of 0.01 µg/L (0.01 ppb) for wet process control application in the semiconductor industry. 

• Hach:

Hach engages in the provision of products and services in the industries ranging from municipal drinking and wastewater, food & beverages, and power. The company is a wholly-owned subsidiary of Danaher Corporation. The company provides 5500 sc Silica Analyzer which requires only two liters of reagent for the analyzer to perform unattended for up to 90 days. Hach announced a three-year partnership with Veolia, a leading player in the provision of water and waste-water industry to provide laboratory and chemistry equipment, process analyzers and samplers.

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