
Published On: Apr 2021
Published On: Apr 2021
Government Initiatives and Policies Related to Water and Wastewater Treatment to Provide Growth Opportunities for MEA Total Organic Carbon Analyzer (TOC) Market during 2021–2028
According to our latest market study on “MEA Total Organic Carbon Analyzer (TOC) Market Forecast to 2028 – COVID-19 Impact and Analysis – by Analyzer Type, Component, and Application,” the market was valued at US$ 112.9 million in 2020 and it is projected to reach US$ 160.3 million by 2028; it is expected to grow at a CAGR of 4.8% from 2021 to 2028.
The microelectronics industry in the MEA has witnessed significant growth in the recent past due to the increasing demand for electronic products and technical advancements in electronics. This has led to high need of ultra-pure water in microelectronic manufacturing. Distilled water is essential for cleaning in the manufacturing of electronic components. General Electric Company focuses on critical microelectronics manufacturing areas including boilers, cooling towers, closed-loops, influent and wastewater systems, and monitoring and diagnostics, and for continuous production of ultrapure water (UPW), as well as for its monitoring, the company uses wastewater total organic carbon (TOC) analyzers. The International Technology Roadmap for Semiconductors (ITRS) has set stringent guidelines for water quality requirements in microelectronics. According to these guidelines, TOC analysis is an effective method of monitoring organic contaminants in ultrapure water used in the semiconductors industry; it also helps monitor the health of UPW systems used in the microelectronics industry. Organic materials serve as a source of nutrition for bacteria existing or entering the distribution system, storage tanks, and process technology or treatment modules. Therefore, the high requirements of total organic carbon (TOC) analyzers in the microelectronics industry boosts the growth of the MEA total organic carbon (TOC) analyzer market.
The MEA total organic carbon analyzer (TOC) market is segmented on the basis of analyzer type, component, application, and country. By country, the UAE held the largest share of the MEA total organic carbon analyzer (TOC) market in 2020, followed by Saudi Arabia and South Africa. Further, the market in the UAE is projected to witness the highest growth rate during the forecast period. Based on analyzer type, the market is bifurcated into online and portable. The portable segment represented a larger share of the overall market in 2020. In terms of component, the market is segmented into pressure regulator, sensors, display & keyboard, chemical chambers, and others. In 2020, the chemical chambers segment accounted for a substantial share of the market. Based on application, the MEA total organic carbon analyzer (TOC) market is segmented into environment, pharmaceutical, chemical, and others. The others segment represented the largest share of the overall market in 2020.
Impact of COVID-19 Pandemic on MEA Total Organic Carbon Analyzer (TOC) Market
Amid COVID-19 outbreak, the total organic carbon analyzer market in the MEA region is majorly affected by the disruption in the supply chain. Government initiated various containment measures, such as travel restrictions, factory shutdown, and lockdowns, which hindered the supply and distribution of industrial equipment. The demand for total organic carbon analyzer has weakened over the past couple of months, which has negatively impacted the revenue streams of total organic carbon analyzer players operating in this region.
Beckman Coulter Inc.; Endress+Hauser Group Services AG; GE Analytical Instruments, Inc.; Hach Company; LAR Process Analysers AG; Nittoseiko Analytech Co., Ltd.; Shimadzu Middle East & Africa FZE; Teledyne Analytical Instruments; TE Instruments; and Xylem Inc. are among the major companies operating in the MEA total organic carbon analyzer (TOC) market.
The report segments the MEA Total Organic Carbon Analyzer (TOC) market as follows:
By Analyzer Type
By Component
By Application
By Country