Potentiometric Titration Market to witness considerable growth between 2018 to 2024
The recent study on the potentiometric titration market covers an in-depth analysis of the market based on end-user industry and geography. The report also covers the country level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraint during the forecast period 2018-2024. The report has segmented the potentiometric titration market by end-user industry (chemicals, healthcare, aquaculture, personal care and others), and by geography (North America, South America, Europe, Middle East and Africa, and Asia Pacific) with country-level analysis. Potentiometric titration is a common laboratory method for quantitative chemical analysis that is routinely used in industries such as chemical and healthcare. The method allows the determination of the concentrations of multiple species that may be present in a solution. Burgeoning need for accurate measurement and analysis across industries and biological processes is driving the potentiometric market growth. Increasing research and development in drug discovery in the pharmaceutical industry is augmenting the demand for automatic potentiometric titration. Furthermore, stringent food regulations set by the Nutrition Labeling Education Act (NLEA) is further boosting to opt for a titration method that produces accurate results and comply with the standards. Thus, the market is expected to grow at a steady rate owing to its increasing penetration in food and beverages and personal care industry.
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Pharmaceutical is expected to grow at a good rate over the forecast period
The pharmaceutical industry is expected to grow at a good rate owing to the increasing adoption of potentiometric titration methods to get more accurate results. It has been widely used as a weight percent essay for small molecule active pharmaceutical ingredients (API’s), intermediates, and raw materials. Thus, rising investment in drug R&D activities is expected to boost the market.
North America holds a significant share of the market
The North America potentiometric titration market holds a significant share in the market owing to major drug development activities taking place in countries such as the US. The market is expected to grow at a steady pace owing to growing pharmaceutical sector in countries like Mexico.
Some of the major players discussed in the reports are Mettler Toledo, Xylem, Hach, Hanna Instruments, Inc., Kyoto Electronics Manufacturing Co., Ltd., Jinan Hanon Instruments Co., Ltd., Spectra Lab Instruments Pvt. Ltd, Scientific Technology Solutions, and DKK-Toa Corporation.
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