Potentiometric Titrators Market size is poised to surpass USD 10 Billion by the end of 2036, growing at a CAGR of 2% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of potentiometric titrators was USD 5 Billion. The major factor driving the growth of the market is the growing demand for food & beverages. For instance, by 2050, the world's food demand is expected to rise by more than 49%. As a result, the demand for potentiometric titrators is also projected to grow. Titration is used by the food and beverage industry to assist control food's flavor, nutritional value, texture, appearance, and stability.
Furthermore, potentiometric titrators are becoming increasingly common as a result of strict laws and quality control requirements enforced by regulatory organizations in a variety of industries. Moreover, the growing prevalence of adulteration is also boosting the need for strict regulations. Manufacturers are able to satisfy customers and comply with regulations by using these devices to guarantee the quality and consistency of their products.
Growth Drivers
Challenges
Base Year |
2023 |
Forecast Year |
2024-2035 |
CAGR |
~2% |
Base Year Market Size (2023) |
~ USD 5 Billion |
Forecast Year Market Size (2036) |
~ USD 10 Billion |
Regional Scope |
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Type (Automatic Titrators, Manual Titrators)
The automatic titrators segment in the potentiometric titrators market is poised to gather the highest revenue share of 60% by 2036. By automating the titration procedure, automatic potentiometric titrator segment growth enhances laboratory productivity. By eliminating human labor, improving workflow efficiency, and freeing up laboratory staff to concentrate on other important duties, this automation raises total productivity. For titrations to produce trustworthy findings, measurements must be exact and accurate. High degrees of precision are provided by automatic titration, which lowers the possibility of human mistake that comes with manual titration. In applications where accurate analytical results are critical, this is vital. Automatic potentiometric instruments are versatile as they may be used for a variety of titration applications, including complexometric, redox, acid-base, and others. Equipment that is capable of handling a range of analytical requirements is valued by laboratories since it minimizes the need for multiple specialized machines.
Application (Pharmaceuticals & Biotechnology, Food & Beverages, Environment Testing)
The pharmaceuticals & biotechnology segment in the potentiometric titrators market is set to generate the highest share in the revenue of about 50% by 2036. Pharmaceutical companies frequently employ potentiometric titration with colorimetric endpoint detection as a substitute for manual visual color change titration. It may be utilized with both aqueous and non-aqueous solvents and provides quick, easy measurements based on a color shift at the equivalency point. Furthermore, with the rising surge in COVID-19 cases and the estimation of the spread of various other diseases like COVID-19, the demand for potentiometer titrators is estimated to grow. As of June 13, 2023, around 767 million COVID-19 cases have been documented worldwide. For instance, to monitor the behavior of the DODI-TPB (as an end-point indicator) in complex technical grade cationic surfactant model samples and in technical grade cationic surfactant model samples with varying concentrations of interfering nonionic surfactants, potentiometric titrations were utilized.
Our in-depth analysis of the global potentiometric titrators market includes the following segments:
Type |
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Application |
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North American Market Forecast
The North America potentiometric titrators market is projected to gather the highest revenue share of 35% during forecast period. This growth is set to be influenced by growing spending on healthcare. The United States spent USD 4.5 trillion, or USD 13,493 per person, on health care in 2022, an increase of 4.1%. The proportion of the country's GDP that was spent on health was 17.3%. Additionally, the chemical industry is this region is also surging which is why the potentiometric titrators market is boosting. Moreover, this region has also experienced huge adoption of technology in various end user industry. Hence, surging AI in pharmaceutical is projected to dominate the market expansion.
European Market Analysis
The Europe potentiometric titrators market is also set to have notable growth in the revenue over the coming years. The major element to encourages market expansion in this region is the rising demand for petroleum products. The proper functioning of a petroleum refinery depends on reliable plant operations and efficient process control. Corrosion is one of the key reasons why the refining process is less efficient. By maintaining a check on the acidity of crude oil and other associated process oils, significant yearly savings may be realized by preventing unscheduled shutdowns and saving expensive treatment chemicals. Therefore, it is estimated that there would be a surging need for potentiometer titrators in this region
Author Credits: Rajrani Baghel
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