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Stringent Government Regulations are accelerating the Global pH Sensors & Analyzers Market Growth at 7.28%

09-21-2022 11:34 AM CET | IT, New Media & Software

Press release from: Inkwood Research

Global Ph Sensors and Analyzers Market

Global Ph Sensors and Analyzers Market

Inkwood Research projects that the Global pH Sensors & Analyzers Market is predicted to register a CAGR of 7.28% in terms of revenue during the forecast period, 2019-2028.

"Browse 33 Market Data Tables and 41 Figures spread over 150 Pages, along with an in-depth TOC on the Global pH Sensors & Analyzers Market Forecast 2019-2028."

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pH sensors and analyzers are an indispensable part of the process analytics industry. Most sectors like water and complex chemicals that engage in processing and manufacturing of liquids utilize such sensors for finding the ph value of fluids in various industrial processes. This is to further assess the quality of water and liquid used in production processes. pH meters find applications in water treatment plants and power plants, along with mining, oil & gas, food & beverage, chemical processing, and pharmaceutical industries.

Strict Government Regulations Fuel Market Growth

One of the major drivers of market growth is the growing demand for government regulations on the water incentive industries. Most of the government protection agencies are implementing strong regulations on water treatment plants for decreasing pollutants in the environment and water. Many parameters, like wastewater quality and temperature, are also being closely monitored in addition to Ph values. The US Food & Drug Administration (FDA) has implemented the Food Safety Modernization Act (FSMA) and other rules for preventing the contamination of both animal and human food. The rising government regulations are estimated to impact the consumption of pH sensors during the forecast period. The oil & gas sector has come under government inspection in the last decade. This is to keep a close check upon the quality maintenance in the surrounding air and water on the basis of offshore regulation, chemical management, and environmental issues.

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Water and Wastewater - The Dominating & Leading Application

Water and wastewater make substantial use of pH sensors across the globe. Standard applications, like aquaculture and chromium wastewater treatment, majorly depend on accurate ORP and pH measurements for ensuring the necessary safety standards. Many regions, like the Asia Pacific, North America, and Europe, are witnessing a considerable increase in water treatment activities and sustainable energy projects. Also, desalination activities are gaining popularity among industrial sectors and municipalities, thereby increasing the demand for pH sensors in the sector.

Also, investments from the chemical and the water and wastewater industries are projected to increase. The US Department of Agriculture (USDA), in August 2019, announced that it is planning to invest USD 135 million in 49 projects to improve rural water infrastructure in 24 states.

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Asia Pacific is set to be the Prominent Market by 2028

The economic stature of the region and the growing awareness of technological advancements, and advancing biotechnology and pharmaceutical industries, are the factors expected to contribute to the growth of the market in the Asia Pacific region. China is projected to dominate the market by 2025, given the vast population base and industrialization, large wastewater discharge, and growing untreated sludge. Suez, a French utility-based company, declared USD 161 million worth wastewater treatment plant in India, in July 2019.

The market has the presence of many regional and global players, with considerable expertise. The market penetration is also evaluated to be high, with several end-user industries across the globe increasingly adopting pH sensors. The global presence helps the vendors to gain considerable market share. Some of the leading companies in the market include, Halma PLC (Sensorex), Endress+Hauser AG, Xylem Inc, Emerson Electric Co, Mettler-Toledo International Inc, etc.

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GLOBAL WATER PURIFIER MARKET
https://inkwoodresearch.com/reports/global-water-purifier-market/

GLOBAL WATER QUALITY MONITORING MARKET
https://inkwoodresearch.com/reports/global-water-quality-monitoring-market-forecast-2019-2027/

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https://inkwoodresearch.com/reports/global-smart-water-management-market-forecast-2019-2027/

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https://inkwoodresearch.com/reports/global-smart-water-meter-market/

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