Devices used to
measure acidity levels in water & wastewater treatment, pharmaceuticals,
chemicals & petrochemicals, and other applications are known as pH meters.
They are mostly used in food & beverages, pharmaceuticals, mining, water
treatment plants, and other industries.
The
worldwide pH meters market is projected to grow at a 3% CAGR over the
forecast period (2016-2024). Demand for these devices in light of health
concerns and awareness of water purity is expected to surge market demand in
the coming years. Measuring pH level of solutions with low ion concentration
can pose a challenge towards market growth.
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The market is
segmented according to products, end-users, and regions. Products include
continuous, portable, and bench-top pH meters. Portable devices can measure pH
for long hours with ease. Its small size and mobility will contribute to its
demand in the coming years. Bench-top meters captured over 55% market shares
due to its wide application in research institutes and laboratories.
Major end-users are
food science, pharmaceuticals & biotechnology, environmental research &
pollution center, and others. Food science generated over 40% revenue for the
pH meters market in 2014. Their application includes wine, dairy, agriculture,
fruit juice & dairy processing, and others. Technological developments such
as incorporation of smart sensors and multi-parameter analysis will propel
market demand among industries in the years ahead.
Regions covered
under the market are Latin America, Middle East & Africa (MEA), North
America, Europe, and Asia Pacific. North America is the biggest region owing to
the presence of major players headquartered in the region. Strict guidelines
pertaining water use by the U.S. EPA (Environmental Protection Agency) will
facilitate regional market growth. Food & drug safety concerns and
awareness & technology to curb waste treatment and other pollutants will
create lucrative opportunities in Asia Pacific.
Europe will
generate high revenue for the market due to possessing sophisticated healthcare
infrastructure, high R&D activities, and high capita per income of
consumers. Prominent players operating in the global pH meters market are Hanna
Instruments, Thermo Fisher Scientific, Metrohom USA, and Agilent Technologies.
Hanna Instruments launched a pH meter which incorporates elements of portable
and bench-top meters.
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