Future Market Insights (FMI) offers an 8-year forecast for the pH meter market between 2019 and 2027. In terms of value, the pH meter market is expected to register a single-digit CAGR during the forecast period. The study provides the global market dynamics and trends across six regions: North America, Latin America, Europe, Japan, APEJ, and MEA, which influence the current nature and the future status of the pH meter market over the forecast period.
More than 1.6 million pH meters were sold in 2018, according to a new analytical study of Future Market Insights (FMI). While the unit sales of pH meter market has been estimated to grow by promising 4.7% Y-o-Y in 2019, over 85% of the total sales will be accounted by digital pH meters. In terms of revenue, FMI’s analysis opines that the global pH meter market value will grow at a CAGR of more than 5% over 2019-2027.
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pH meters are used significantly in scientific, industrial, and household applications across numerous industrial sectors, such as power industries, pharmaceuticals industries, food & beverages industries, the mining sector, and the oil & gas sector. However, according to FMI, burgeoning applications of pH meters in chemical and petrochemical industries will hold a major share in growth of the pH meter market across the globe over the forecast period.
The importance of determining the properties of a chemical samples has been on the rise, which remains the important factor to trigger a high demand for pH meters in the chemical and petrochemical industries for petroleum refining processes. pH is thus becoming an important control parameter in the petrochemical and chemical industries and this is likely to influence upcoming trends in the pH market during the foreseeable future.
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pH Meter Market: Segmentation
On the basis of end use
- food & beverages
- pharmaceutical & hospitals
- chemical & petrochemical
- environmental research
- educational institutes
- water & waste water management
On the basis of product type
On the basis of modularity
- benchtop pH meters
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Table Of Content
1. Global pH Meter Market – Executive Summary
2. Global pH Meter Market Overview
3. Global pH Meter Market Analysis and Forecast 2013-2027
4. North America pH Meter Market Size and Forecast, 2013-2027
5. Latin America pH Meter Market Size and Forecast, 2013-2027
6. Europe pH Meter Market Size and Forecast, 2013-2027
7. Japan pH Meter Market Size and Forecast, 2013-2027
8. APEJ pH Meter Market Size and Forecast, 2013-2027
9. MEA pH Meter Market Size and Forecast, 2013-2027
10. Global pH Meter Market Company Share, Competition Landscape and Company Profiles
11. Secondary and Primary Sources
12. Assumptions and Acronyms