Global TOC Analyzer Market
Cross Analysis of Technology W.R.T. Application (USD Million), 2024-2037
Cross Analysis of Technology W.R.T. Application (USD Million), 2024-2037
Cross Analysis of Technology W.R.T. Application (USD Million), 2024-2037
Cross Analysis of Technology W.R.T. Application (USD Million), 2024-2037
Cross Analysis of Technology W.R.T. Application (USD Million), 2024-2037
Cross Analysis of Technology W.R.T. Application (USD Million), 2024-2037
Cross Analysis of Technology W.R.T. Application (USD Million), 2024-2037
TOC Analyzer Market size is assessed at USD 1.3 billion in 2024 and is anticipated to reach USD 2.7 billion by the end of 2037, expanding at over 5.5% CAGR during the forecast period, i.e., 2025-2037. In 2025, the industry size of total organic carbon (TOC) analyzer is evaluated at USD 1.4 billion.
The increasing demand for water and wastewater treatment plants (WWTP) in various industries is the principal force, boosting demand for TOC analyzers. Stringent environmental regulations and high focus on monitoring water quality, particularly in the pharmaceuticals and semiconductor industries, support the demand. TOC analyzers have advantages over conventional analyzers by providing fast, accurate, and reliable measurements of organic carbon levels. APEJ, Latin America, and North America are some regions that are projected to offer significant opportunities to TOC analyzer companies. This is because industrialization, urbanization, and environmentally related issues have been rapidly growing in these regions. For instance, in June 2023, Swan Analytical launched the compact version of its AMI LineTOC monitor for pure and ultrapure water systems. The new TOC analyzer developed is easy to set up and operate, fully meeting the requirements of the industrial segment, and also suitable for continuous medical water for injection and pure water monitoring in the pharmaceutical and associated industries, as well as ultrapure water in the semiconductor industry.
Investments in research and development are likely to further drive industries toward investment in upgrading their monitoring infrastructure, which is expected to boost the demand for TOC analyzers going ahead. Some companies are developing TOC analyzers with the latest technologies and strategic initiatives to tap into this opportunity. For instance, in February 2020, Electro-Chemical Devices (ECD) developed the TOC Analyzer, a precise and reliable Total Organic Carbon monitor for carbon levels at WWTPs. This analyzer is highly resistant to harsh conditions at the WWTPs. This, therefore, places the industry working towards innovation through improvement and new, technically advanced, sophisticated TOC analyzers.
Growth Drivers:
Challenges:
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
5.5% |
Base Year Market Size (2024) |
USD 1.3 billion |
Forecast Year Market Size (2037) |
USD 2.7 billion |
Regional Scope |
|
Offering (Hardware, Software, Services)
The hardware segment is likely to retain its dominance in the total organic carbon (TOC) analyzer market by capturing a revenue share of 57.2% in 2024 and further rising at a CAGR of 5.4% during the period from 2025 to 2037. The category includes a wide range of devices, from online to laboratory TOC analyzers, which, through their applications, cater to different industries. This spike is fueled by increasing demand for strong and reliable TOC analyzers filled with advanced features and enhanced capabilities.
The hardware segment has been driven by the growing popularity of TOC analyzers within a number of industries, such as wastewater treatment, pharmaceutical, and food & beverages. Key players in the hardware segment are channeling their efforts toward developing innovative and technologically advanced TOC analyzers. For instance, in October 2022, Endress+Hauser launched the CA78 and CA79 TOC analyzers for low-TOC value monitoring and supply to the power and semiconductor industries. Such advancements by key players are boosting the expansion prospect of the total organic carbon (TOC) analyzer market.
Type (Online, Laboratory)
The online segment in the TOC analyzer market is projected to register a CAGR of 5.7% during the forecast period. This growth is due to the increasing adoption of online TOC analyzers across all industries, resulting from real-time monitoring and control features. The shift from laboratory TOC analyzer to automated water release with the help of online TOC analyzers is driven by initiatives for quality improvement and cost reduction efforts in the production of purified water This is expected to further accelerate the expansion of this segment.
In June 2024, Shimadzu Corporation announced the launch of a new generation series model of the TOC-V online analyzer. Now, equipped with AI-driven advanced predictive maintenance and secured connectivity features, it becomes quite possible to seamlessly link up with Industry 4.0 ecosystems. The online TOC analyzes features a 30% reduction in analysis time as compared to previous models, thus making the TOC-V Series even more attractive for use in various industries where speed, precision, and continuity in processes are key to achieving optimized results.
Application (High Purity Water, Industrial Process Water, Wastewater Treatment, Surface Water, Others)
In terms of application, the high purity water segment is expected to account for 28.8% of the TOC analyzer market share during the forecast period. This growth is fueled by the stringent need to protect high-purity water systems from contaminants like biofilm, germs, and organics, especially in pharmaceutical and biotechnological applications. TOC analyzers are critical in high-purity water quality, offering continuous, reliable monitoring that must meet strict regulatory requirements and audit standards in these industries.
To spotlight the segment's steady growth is, in April 2023, HORIBA Advanced Techno, Co., Ltd, a Group company of HORIBA Group offering measurement solutions for water quality business, reached an agreement for the acquisition of Tethys Instruments SAS. It further underscores the key role that TOC analyzers continue to play in applications requiring high-purity water while also underlining growth in the total organic carbon (TOC) analyzer market, driven by the steady march of improvements in relevant technologies.
Our in-depth analysis of the total organic carbon (TOC) analyzer market includes the following segments:
Offering |
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Type |
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Technology |
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Application |
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End user Industry |
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APEJ Market Statistics
The Asia Pacific Excluding Japan total organic carbon (TOC) analyzer market is expected to capture a 24.1% share during the forecast period. During the forecast period, the APEJ market is slated to expand at a CAGR of 6.35%. This high growth rate can be attributed to rapid industrialization coupled with urbanization that is resulting in growing water pollution and strict government regulations on treating wastewater. Growing pharmaceutical and semiconductor industries in the region require stringent water quality control, which is a primary driver of the market.
China is poised to account for total organic carbon (TOC) analyzer market share of more than 42.2% during the forecast period. Due to rapid industrial development and urbanization, water pollution has increased and also propelled the need for advanced water treatment solutions in the country. In February 2023, the Chinese government issued the "14th Five-Year Plan" for the pharmaceutical industry targeted green manufacturing and environmental protection. Hence, this policy is likely to raise further adoption of TOC analyzers in the pharmaceutical industry, thereby fueling market growth in China.
The Indian total organic carbon (TOC) analyzer market is projected to capture a 23.6% share during the forecast period. Increasing demand for TOC analyzers in this country could be due to the growth of the pharmaceutical sector along with increasingly stringent regulatory policies. In July 2023, HORIBA Group introduced state-of-the-art water monitoring products to aid India's Jal Jeevan Mission. It includes new UV-VIS, Ion-Selective, Colorimetry, and Combustion-based NDIR technologies for advanced innovation in rural and urban water quality monitoring across India. The trend is further likely to fuel demand for TOC analyzers in India as companies strive to adhere to stringent quality norms and regulatory requirements.
North America Market Analysis
North America TOC analyzer market is anticipated to capture revenue share of over 32.1% by 2037. This growth is due to stringent regulations imposed by various governments and increased emphasis on environmental preservation. Also, the presence of major market players in the region gives a demand push to TOC analyzers for various applications across industries, including, pharmaceuticals and semiconductors. Growing demand for organic pollution assessment of water and an increase in the need to analyze water and wastewater treatments support the market growth in North America.
The U.S. market is expected to account for a significant share of 88.9% during the forecast period. The strict regulatory framework—impacted especially by the water quality and pollution control concerns linked to the EPA—has been potent in driving TOC analyzers' adoption. For instance, in January 2023, the U.S. EPA issued its Effluent Guidelines Program Plan 15, targeting the reduction of PFAS discharging industries. The said development is likely to further drive demand for TOC analyzers as industries invest in the upgrade of their monitoring infrastructure to comply with regulations.
The TOC analyzer market in Canada is anticipated to capture an 11.1% share during the forecast period. This has led to a surging demand for advanced solutions related to monitoring water. The government of Canada has been rather sensitive to this concern over the last few years and has come up with policies and initiatives that are meant to achieve better quality water by protecting its freshwater resources. These initiatives are likely to drive growth in the TOC analyzer market in Canada, with growing needs from industries like pharmaceuticals and oil & gas.
Some key players leading the total organic carbon (TOC) analyzer market include Shimadzu Corporation, Hach, Xylem, and General Electric. These companies offer highly advanced TOC analyzers with additional features and functionalities. Manufacturers are also expanding their respective product portfolios, targeting industries and applications with diverging needs and allocating resources to research and development in order to maintain competitiveness. For example, in April 2024, Beckman Coulter Life Sciences introduced QbD1200+, a Total Organic Carbon analyzer with associated pharmaceutical and biopharmaceutical applications. This launch is a testament that the industry shall consistently design innovative and develop advanced features for the TOC analyzer.
Author Credits: Abhishek Verma
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