Selbyville, DE -- (SBWire) -- 10/22/2018 --U.S. pH meters market held largest revenue share in 2016 and is anticipated to witness similar trend over the coming years. Supportive regulations in the country coupled with extensive applications of pH meter will fuel market growth in U.S. Fields of extensive applications include mining sector, pharmaceuticals, oil and gas sector, water treatment plants, power, food & beverages industries. Advents in technology and launch of enhanced pH meter boosts market growth.
pH Meters market will exceed USD 0.9 billion by 2024; as per a new research report. A pH meter is a scientific instrument that measures the hydrogen-ion activity in water-based solutions, indicating its acidity or alkalinity expressed as pH. The pH meter measures the difference in electrical potential between a pH electrode and a reference electrode, and so the pH meter is sometimes referred to as a "potentiometric pH meter". The difference in electrical potential relates to the acidity or pH of the solution. The pH meter is used in many applications ranging from laboratory experimentation to quality control.
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Wide-ranging applications of portable pH meters further stimulates business growth. Portable pH meters used in variety of applications include chemical industry, waste water treatment, bioprocessing, environmental and pollution control is augmenting the business growth. Favorable regulatory landscape for measuring and maintaining pH of industrial waste water discharge will render positive impact on pH meters market. Escalating demand for pH meter in food industry is anticipated to fuel market growth in foreseeable future. Government agency such as, FDA regulating level of pH for many packaged food products and extensive applications of pH meters in detecting pH of food products are factors propelling business growth.
Difficulty in measuring pH of solutions with low ion concentration hinders market growth. Low ionic strength amongst electrode and sample further leads to significant junction potential. This junction potential hinders accuracy thereby leading to poor results and hindering market growth.
Food science application held largest revenue share in 2016 on an account of high demand and wide range of applications in monitoring pH of different food products. Accurate monitoring of pH throughout production is authorized by federal or state regulations thus generates need for pH measurement and propels business growth.
Pharmaceutical and biotechnology companies of end-use segment will grow significantly owing to growing adoption of pH meters for pharmaceutical manufacturing as well as biotechnology derived drug development activities. Increasing adoption of pH meters for research purposes is anticipated upsurge revenue share during the forecast timeframe.
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China pH meters market will grow lucratively due to high demand along with implementation of laws for monitoring quality of water to prevent water pollution. Trend of escalating demand for packaged food products contributes to monitoring of pH during manufacturing process thus further propelling business growth.
Some of the prominent industry players are Agilent Technologies, Beckman Coulter, Contech Instruments, Hach, Hamilton Company, Hanna Instruments, Horiba, Jenco Instruments, Metrohm, Mettler-Toledo International, PCE Instruments, Qingdao Tlead International, Emerson Electric (Rosemount Analytical), Sartorius, Shanghai Selon Scientific Instrument, Tecpel, and Thermo Fisher Scientific.
Business players are emphasizing on launch of advanced technology and expanding existing product portfolio. Advancements in technology and enhanced features offered in pH meters by various business players are factors paving industry growth.
Selected Chapters and their sections from the report are listed below:
Chapter 1. Methodology and Scope
1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data Sources
1.4.1. Secondary
1.4.1.1. Paid Sources
1.4.1.2. Unpaid Sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. End-use trends
2.1.5. Regional trends
Chapter 3. pH meters Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Technological advancements
3.3.1.2. Positive regulatory landscape in developed countries
3.3.1.3. Increasing incidences of water borne diseases in developing countries
3.3.2. Industry pitfalls & challenges
3.3.2.1. Difficulty to measure pH of solutions with low ion concentration
3.4. Growth potential analysis
3.4.1. By product
3.4.2. By application
3.4.3. By end-use
3.5. Regulatory landscape
3.5.1. U.S.
3.5.2. Europe
3.6. Competitive landscape, 2016
3.6.1. Strategy dashboard
3.7. Porter's analysis
3.8. PESTEL analysis
Chapter 4. pH meters Market, By Product
4.1. Key trends, by product
4.2. Bench top pH meters
4.2.1. Market estimates and forecasts, 2013 -2024 (USD Million)
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PH Meters Market by Product Type, Top Manufacturers, Application, by End-User Industry, Geography Trends & Forecast 2024
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