Water Hardness Test Strip Market by Type (Calcium concentration measurement, magnesium concentration measurement), Application (Industrial, Laboratory, Others), Sales Channel (Retail & Non-retail), and Region - Global Forecast To 2025
Northbrook, IL -- (SBWIRE) -- 12/11/2020 -- The report "Water Hardness Test Strip Market by Type (Calcium concentration measurement, magnesium concentration measurement), Application (Industrial, Laboratory, Others), Sales Channel (Retail & Non-retail), and Region - Global Forecast to 2025" According to MarketsandMarkets, the water hardness test strip market is estimated to be valued at USD 56.5 billion in 2020 and is projected to reach USD 70.2 billion by 2025, recording a CAGR of 4.4 %, in terms of value. Factors such as the rise in demand for water testing from various industrial sectors, stringent rules and regulations imposed by related government bodies with regards to water quality are projected to drive the growth of the water hardness test strip industry during the forecast period.
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The magnesium concentration measurement segment is projected to witness significant growth during the forecast period.
Though in the present scenario, calcium concentration measurement segment accounts to higher value share, however, magnesium concentration measurement segment is expected to witness higher growth rate. This is attributable to the fact that government bodies have been imposing stringent regulations with regards to improvisation of water quality. Hence in new reforms along with calcium content, even magnesium contents have been taken into consideration for detection purpose.
The industrial segment is projected to account for a major share in the Water Hardness Test Strip Market during the forecast period
By application, the Water Hardness Test Strip Market is segmented into industrial, laboratory and others. Others segment specifically includes civil and municipal bodies, residential societies, academia and swimming pool. Stringent rules and regulation imposed by government bodies with regards to usage of industrial water has led rise in demand for water hardness test strip in the various industrial sectors such as food and beverages manufacturers, chemical manufacturers as well as water treatment sectors.
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The North America region dominated the Water Hardness Test Strip Market with the largest share in 2019.
With the increasing number of FDA regulations governing the safety & quality of water that is to be used for industrial as well as other purposes, there is a surge in the demand for water testing equipment that include water hardness test strips, which help in monitoring the water quality from time to time. The presence of most global players in the water hardness test strips market in this region has led to higher product availability. Moreover, water of specific grades having the correct proportion of calcium as well as magnesium content incurs large-scale application in various industrial sectors, such as food & beverage, chemical, pharmaceutical, cosmetic as well as water treatment. It also serves applications in laboratories. North America altogether has 331,794 target establishments (including swimming pools and educational institutes) that require water of such specific grade and quality. Hence, water testing equipment such as water hardness test strips play a crucial role in aligning to such requirements, which eventually help drive the growth of the market in the North American region.
This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as Thermo Fisher Scientific, Inc. (US), Merck KGaA (Germany), Spectris (UK), Danaher Corporation (US), LaMotte Company (US), Johnson Test Paper Ltd (UK), Serim Research Corporation (US), Avantor, Inc. (US), Isolab Laborgerate GmbH (Switzerland), Aqua Cure Ltd. (England), Cole-Parmer Instrument Company, LLC (US), Industrial Test Systems, Inc. (US), US Water Systems, Inc (US) Bartovation LLC (US), Colorkim Kimya (Turkey), Simplex Health (UK), Amity International (UK), Instruments Direct Services Limited (UK), Hangzhou Lohand Biological Co., Ltd (China), and Changchun Wancheng Bio- Electron Co., Ltd. (China).
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