Global Potentiometric Titrators Market: Introduction
Potentiometric titrators are titrators designed to perform titrations reliably, easily, and more reproducible than conventional titrations. Automatic potentiometric titrators automatically detect the endpoint, dispenses the titrant, and performs all necessary graphing and calculations. The automation of potentiometric measuring methods including potentiometric titrators has gained in importance. Further, potentiometric titrators are mainly used in quality control departments and R&D labs in pharmaceutical, chemical, petrochemical, food and other industries. In potentiometric titrators, the process is followed by measuring the potential difference between reference electrodes and indicator under conditions where the current passed is sufficiently small to maintain thermodynamic equilibrium. Potentiometric titrators are likely to replace manual titrators as manual titrations are time-consuming and can be inaccurate at times due to human error.
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Subsequently, the aim of the study is to analyze the most recent trends, dynamics, and potential strategies in the global potentiometric titrators market.
Global Potentiometric Titrators Market: Dynamics
Despite headwinds, the potentiometric titrators market presses forward at a substantial growth rate over the coming years. Manufacturers of potentiometric titrators serve a plethora of sectors that have demanding quality requirements. The food and beverage industry predominantly utilizes potentiometric titrators for regulatory requirements and quality control. With the growing demand for food and beverage products, the utilization of potentiometric titrators to help regulate the texture, taste, nutrition, appearance, and stability of the food will squarely surge.
Moreover, titration through potentiometric titrators is an important part of the analysis in the pharmaceutical industry and it is used to analyze different raw materials. The market for pharmaceuticals is growing persistently, subsequently, positive prospects for potentiometric titrators are foreseen. Increasing urbanization and a growing middle class are making medicines affordable and available for more people and also lead to higher demand for potentiometric titrators in the manufacturing. Packaging is growing all over the world and demand for pulp for textile applications is growing. The manufacturing process of paper and pulp utilizes various titration instruments, such as potentiometric titrators.
Global Potentiometric Titrators Market: Segments
The global potentiometric titrators market can be segmented on the basis of application, end-use industry, and region
On the basis of the application the global potentiometric titrators market can be segmented as:
- Redox Titration
- Acid-base Titration
- Precipitation Titration
- COD Measurement
- Neutralization Titration
On the basis of the end-use industry the global potentiometric titrators market can be segmented as:
- Food & Beverage
- Paper & Pulp
- Oil & Gas
- Waste Water Treatment
- Metallurgical and Other Industries
Global Potentiometric Titrators Market: Regional Outlook
Economic turmoil in different parts of the globe has impacted investments into potentiometric titrators. Europe, in particular, a key region for concern over the last few years, and with the slowdown in manufacturing in this region, opportunities have been limited for the potentiometric titrators market. In addition, India, China, Japan, and Latin America are expected to struggle to different extents, marginally impacting global potentiometric titrators market revenue.
Over the past few years, R&D intensity rose gradually in European countries; in South Korea and particularly in China, the R&D to GDP ratio increased significantly in the last five years. R&D expenditure on material development in Asia is relatively higher as compared to Europe and North America. Although the U.S. invests far more in R&D than any other individual country, subsequently, significant demand for potentiometric titrators is anticipated over the forthcoming period of time. While the demand for common medication such as antibiotics and painkillers is increasing in the pharmerging markets, completely new forms of treatment are evolving in industrialized countries.
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Global Potentiometric Titrators Market: Key Participants
List of some of the prominent market participants in the global potentiometric titrators market discerned across the value chain include:
- Thermo Fisher Scientific Inc.
- Metrohm AG
- GPS, Ltd.
- Hanna Instruments
- Hitachi High-Technologies Corporation
- Kyoto Electronics Manufacturing Co., Ltd.
- Veego Instruments Corporation
- Koehler Instrument Company, Inc.