Silica Analyzer Market
Silica Analyzer Market by Type (Consumables, Equipment), by End-User (Power Generation Industry, Semiconductor Industry, Others), by Region (North America, Europe, Asia Pacific, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)
|Forecast Years for Silica Analyzer Market:||2022 - 2028|
|Historical Years for Silica Analyzer Market:||2016 - 2021|
|Revenue 2021 for Silica Analyzer Market:||USD 130.27 Million|
|Revenue 2028 for Silica Analyzer :||USD 197.18 Million|
|Revenue CAGR (2022 - 2028) for Silica Analyzer Market :||6.8%|
|Fastest Growing Region (2022 - 2028) for Silica Analyzer Market:||Asia Pacific|
|Largest Region (2021) for Silica Analyzer Market:||Asia Pacific|
Silica Analyzer Market: By Type, End-User, and Region
Global Silica Analyzer market is valued at USD 130.27 Million in 2021 and is projected to attain a value of USD 197.18 Million by 2028 at a CAGR of 6.8% during the forecast period, 2022–2028.
Silica Analyzer are used to determine the silica content in various samples. Silica is a common mineral found in soil, sand, rocks, cement and construction materials. Silica also comes in several forms, including crystalline quartz, fused quartz and silicon dioxide. People may get exposed to silica when they inhale dust particles during activities such as sanding or cutting materials made of silica. Silicosis is a condition caused by inhalation of the ultra-fine particles of silica. Some workers develop chronic obstructive pulmonary disease (COPD) due to ongoing exposure to silica.
Global silica analyzer market segmented on the basis of type, end-user, and geography. Based on type, the market is bifurcated into consumables and equipment. Based on end-user, the market is bifurcated into power generation industry, semiconductor industry, others.
Below tree is interactive. You can click the nodes to get more information.
Rapidly Expanding End-user Industries to Drive Growth of Silica Analyzer
The demand for silica analyzer is expected to grow in the world market at a significant rate. The increasing industrialization and construction work has raised the demand for sand in high quantity, which is mainly used in cement production. This is one of the major factors driving the growth in the global market and it is estimated to show sustained growth in coming years. In addition, it has been reported that increasing construction of wind mills and increase in R&D activities for green energy is also expected to boost the demand for Silica Analyzer over the next few years.
By Application, Power Industry to Dominate the Silica Analyzer Market
Silica is commonly used mineral of sand, which is known as silicon dioxide. With the growing demand for silicon dioxide in power generation industry, it results to increased use of silica analyzer. Their main role is to measure the silica level in boiler feed water and blow down. This instrument also assists in measuring silica concentration when feedwater line or blowdown stream goes through a chemical treatment process such as caustic soda add-on process and softening process.
hey are highly demanded in the market because of their features like accurate results, easy operation & maintenance, reliable performance and economical prices.
Asia Pacific is a Prominent Market for Silica Analyzer
In North America the market for Silica Analyzer is growing due to exposure from rapid construction activity in this region. Along with construction activities, sand excavation also plays a major role in increasing the demand for these units. The U.S., Mexico and Canada are key regions where growth will be observed in North America owing to increased exposure of workers to silica during sand excavation activities. However, lack of awareness among workers about health risks associated with exposure to toxic forms of silica may negatively impact market growth in the near future.
The market has significant growth potential, especially in emerging economies such as India and China due to rapid industrialization. For instance, chemical industry growth will also create increased demand for Silica Analyzer in developing nations due to the high usage of this mineral in chemicals production. Moreover, increase in construction activities in these regions will also fuel demand. However, high cost of Silica Analyzer is estimated to act as a restraining factor for this market. High energy consumption by these units can further impact the overall growth rate of this market.
ABB (Switzerland), Hach (US), Thermo Fisher Scientific (US), HORIBA (Japan), Mettler Toledo (Switzerland), NIKKISO (Japan), SPX Flow (US), DKK TOA (Japan), Swan Analytical Instruments (Switzerland), Dr.Thiedig (Germany), Waltron Group (US), Electro-Chemical Devices (US), KNTEC (South Korea), Shanghai Boqu Instrument (China), Omicron Sensing (US), and HKY Technology (China).
The Silica Analyzer is Segmented as Follows:
Regions & Countries Covered
Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST
analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market
attractiveness analysis by segments and North America, company market share analysis, and COVID-19
Frequently Asked Questions
the global demand for Silica Analyzer
in terms of revenue?
The global Silica Analyzer valued at USD 130.27 Million in 2020 and is expected to reach USD 197.18 Million in 2028 growing at a CAGR of 6.8%
are the prominent players
in the market?
The prominent players in the market are ABB (Switzerland), Hach (US), Thermo Fisher Scientific (US), HORIBA (Japan), Mettler Toledo (Switzerland), NIKKISO (Japan), SPX Flow (US), DKK TOA (Japan), Swan Analytical Instruments (Switzerland), Dr.Thiedig (Germany), Waltron Group (US), Electro-Chemical Devices (US), KNTEC (South Korea), Shanghai Boqu Instrument (China), Omicron Sensing (US), and HKY Technology (China). .
At what CAGR is the market projected to grow within the forecast period?
The market is project to grow at a CAGR of 6.8% between 2021 and 2028.
the driving factors
fueling the growth of the market.
The driving factors of the Silica Analyzer include
- Rapidly Expanding End-user Industries
region accounted for the
largest share in the market?
Asia Pacific was the leading regional segment of the Silica Analyzer in 2020.