Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 142.36 Million | USD 228.54 Million | 5.40% | 2023 |
The global silica analyzer market size was worth USD 142.36 million in 2023 and is estimated to grow to USD 228.54 million by 2032, with a compound annual growth rate (CAGR) of approximately 5.40% over the forecast period.
The report covers forecasts and analyses for the global silica analyzer market on a global and regional level. The research report presents a comprehensive valuation of the market, competition, opportunities, emerging trends, and industry-validated market figures. The study provides historic data from 2018 to 2032 along with a forecast from 2024 to 2032 based on revenue (USD Million).
The global silica analyzer market is likely to witness prominent growth within a few years and is anticipated to grow at a noteworthy rate within the forecast period. The enormous potential has been accounted for in the silica analyzer market due to its variety of attributes and growing demand in the market. User-friendly touchscreen interface, simplicity, reliability, automatic cleaning, calibration, and zero delivery high accuracy measurements are the major attributes that are propelling the demand for the market.
The Silica analyzer instrument has a crucial role in the protection of equipment from corrosion and reassurance of water quality which is one of the driving factors for the market. Additionally, the rise in the demand from the end-use industry such as power generation, semiconductor manufacturing, and others has created a significant opportunity for the market within the forecast period.
There are various drivers that are up-surging the industry at a faster rate. The primary driver that is boosting the industry is the importance of accurate silica measurement in the steam/water cycle for optimizing power plant efficiency as it directly impacts the effectiveness of the turbines. For instance, if the level of silica goes beyond the required range then it might decrease the productivity of the turbine. The secondary driver is the growing number of power plants which is ultimately pushing the growth of the market.
One of the factors which might hamper the global silica analyzer market is regular maintenance and replacement of parts. Reagents such as citric acid/surfactant and molybdate 3 which is there in the sample bottles are to be filled regularly for the proper working of silica analyzers. Also, sample bottles should be cleaned on a regular basis. In silica analyzers, the connecting tubes are used which must be cleaned periodically for precise analysis of the sample.
The global silica analyzer market has been categorized on the basis of the type and end-use industry.
Based on type, the silica analyzer market is classified into portable and fixed.
Based on the end-use industry, the silica analyzer market is classified into power generation, semiconductor manufacturing, and others. In the power generation industry, the silica analyzer monitors the ultra-purity of the water and the measurement of silica in boiling steam water which is used in power generation plants.
This offers excellent reliability, and efficiency and avoids scaling on the turbine which improves the thermal efficiency of water in the power plant. Moreover, the silica analyzer aids to improve ion-exchange production and minimization of silica deposition on the turbines. Additionally, it is proficient in quantifying the silica levels in the demineralization and generation of steam plants. APAC is likely to account for the maximum share within the forecast period owing to the largest energy consumers which are expected to create a high potential for the market. China and India have more coal-fired power plants depend on for power generation as coal is easily available.
Report Attributes | Report Details |
---|---|
Report Name | Silica Analyzer Market Research Report |
Market Size in 2023 | USD 142.36 Million |
Market Forecast in 2032 | USD 228.54 Million |
Growth Rate | CAGR of 5.40% |
Number of Pages | 255 |
Forecast Units | Value (USD Million), and Volume (Units) |
Key Companies Covered | Hach, Thermo Fisher Scientific, ABB, NIKKISO, Mettler Toledo, HORIBA, Swan Analytical Instruments, SPX Flow, DKK TOA, Waltron Group, Electro-Chemical Devices, Shanghai Boqu Instrument, Dr.Thiedig, KNTEC, HKY Technology, and Omicron Sensing. |
Segments Covered | By Type, By End-Use, By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The key players involved in the silica analyzer market are
By Type
By End-Use Industry
Global Silica Analyzer Market: Regional Segment Analysis
FrequentlyAsked Questions
A silica analyzer measures silica (silicon dioxide, SiO2) in water or other liquids. Silica occurs naturally in industrial process water, drinking water, and effluent. Scaling and fouling in equipment and pipelines caused by high silica levels can reduce industrial efficiency and water quality.
The global silica analyzer market is expected to observe noteworthy growth over the forecast years. There is a huge demand for the silica analyzer in the market owing to its variety of attributes.
According to the report, the silica analyzer market accounted for USD 142.36 Million in 2023 and is expected to reach USD 228.54 Million by 2032, growing at a CAGR of around 5.40% between 2024 and 2032.
The US and Canada have a large industrial base in electricity generation, semiconductor manufacturing, and water treatment. Silica analyzer demand is driven by strict water quality laws and operational efficiency, making this area a major player in the market.
The key players involved in the silica analyzer market are Hach, Thermo Fisher Scientific, KNTEC, Mettler Toledo, HORIBA, Swan Analytical Instruments, SPX Flow, DKK TOA, ABB, Waltron Group, Electro-Chemical Devices, Shanghai Boqu Instrument, Dr.Thiedig, HKY Technology, and Omicron Sensing.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed