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Global Organic Elemental Analyzer market will reach 91 million US$ by the end of 2025
Published Date: 2018/11/14
Organic elemental analyzer is a High-precision instrument used for the rapid determination of carbon, hydrogen, nitrogen, sulfur or oxygen content in organic and other types of materials. Organic elemental analyzer has a wide range of applications, including energy, environment, chemicals, pharmaceuticals, agriculture, geology, etc., such as coal, oil, waste, fertilizers, pesticides, fine chemicals, pharmaceutical products, polymers, synthetic rubber fiber materials, cement, ceramics, glass fiber and other samples.
First, for industry structure analysis, the Organic Elemental Analyzer industry is concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 69 % of the revenue market. Regionally, Europe is the biggest production value area, also the leader in the whole Organic Elemental Analyzer industry.
Second, the production of Organic Elemental Analyzer increased from 1088 units in 2012 to 1245 units in 2016 with an average growth rate of 3.44%.
Third, Europe occupied 63.42% of the production market in 2016. It is followed by North America, which accounted for around 30.54% of the global total industry. Other countries have a smaller amount of production. Geographically, Europe was the largest consumption market in the world, which took about 28.47% of the global consumption volume in 2016.
The global Organic Elemental Analyzer market is valued at 72 million US$ in 2017 and will reach 91 million US$ by the end of 2025, growing at a CAGR of 3.0% during 2018-2025.
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