March 03, 2021
According to the research report titled ‘Global Turbidimeter Market Size study, by Portability (Handheld and Stationery), by Application (On-Field and off-field), by End-use industry (Wastewater treatment, Chemical & material, oil & gas, Pharmaceutical, pulp & paper and others) and Regional Forecasts 2020-2027’, available with Market Study Report, global turbidimeter market accumulated USD 960 million in 2019 and is projected to reach USD 1530.09 million valuation by the end of the forecast period 2020-2027, registering 6% CAGR throughout.
Growing application to assess water quality and identify contamination level, along with amplifying water & wastewater industries are the key factors propelling global turbidimeter market growth. As per Statista, worldwide industrial wastewater treatment sector was worth USD 10.6 million in 2018 and is expected to increase to USD 15 million by 2024.
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Meanwhile, according to the International Wastewater Association, Aqaba's wastewater flow rate is projected to exceed 61,000 m3 per day by 2030, with a treatment capacity of about 70,000 m3 per day. By 2030, Bangkok will have a wastewater treatment capacity of over 12,000 m3 per day, cites the report.
For those unversed, turbidimeter is a critical device for assessing the relative clarity of water. The amount of cloudiness and haziness in water is a key indicator of its quality. Turbidity analysis is gaining popularity in several end-use industries, including chemicals, wastewater treatment, and pulp & paper, owing to its straightforward measure of overall water quality as compared to other testing equipment.
Mounting demand from the paper & pulp industry, as well as the food & beverage sector is augmenting the overall market outlook.
Despite the favorable business scenario, presence of alternate automated integrated solutions and functional constraints are anticipated to hamper worldwide turbidimeter industry remuneration.
Considering the regional terrain, North America presently holds considerable portion of global turbidimeter market share, creditable to expanding water & wastewater industry.
Meanwhile, Asia Pacific industry is expected to gain momentum over the coming years, attributable to soaring demand from food & beverage vertical.
Established organizations influencing global turbidimeter market trends are Emerson Electric Co., Merck KGaA, VELP Scientifica Srl, GF Piping Systems (Georg Fischer Ltd.), Watts Water Technologies Inc., HF Scientific Inc., LaMotte Company Inc., Turner Designs Hydrocarbons Instruments Inc., and Thermo Fisher Scientific Inc.